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I wonder what President Putin's trip to Saudi Arabia and the Emirates might mean for those oil prices.
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Originally Posted by GTM 3442
I wonder what President Putin's trip to Saudi Arabia and the Emirates might mean for those oil prices.
And to Gold Prices....will Russia continue to lever the BRICS towards Gold as a way to transact? https://www.forbes.com/sites/nathanl...h=2db22ec65eb3
May take more years to achieve but given their Central Banks have significant gold hoards, history may well repeat...
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Gold is far too complicated. I’d look to a trend for trade to happen in currencies other than USD. Although what the Russian oil industry can do with all those Indian rupees is a moot point.
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