Russian Ruble relaunched linked to Gold and Commodities?

“What does this mean for Oil??

Russia is the world’s largest natural gas exporter and the world’s third largest oil exporter. We are seeing right now that Putin is demanding that foreign buyers (importers of Russian gas) must pay for this natural gas using rubles.

This immediately links the price of natural gas to rubles and (because of the fixed link to gold) to the gold price. So Russian natural gas is now linked via the ruble to gold.

The same can now be done with Russian oil.

If Russia begins to demand payment for oil exports with rubles, there will be an immediate indirect peg to gold (via the fixed price ruble – gold connection).

Then Russia could begin accepting gold directly in payment for its oil exports. In fact, this can be applied to any commodities, not just oil and natural gas.

What does this mean for the Price of Gold??

By playing both sides of the equation, i.e. linking the ruble to gold and then linking energy payments to the ruble, the Bank of Russia and the Kremlin are fundamentally altering the entire working assumptions of the global trade system while accelerating change in the global monetary system.

This wall of buyers in search of physical gold to pay for real commodities could certainly torpedo and blow up the paper gold markets of the LBMA and COMEX.

The fixed peg between the ruble and gold puts a floor on the RUB / USD rate but also a quasi-floor on the US dollar gold price.

But beyond this, the linking of gold to energy payments is the main event.

While increased demand for rubles should continue to strengthen the RUB / USD rate and show up as a higher gold price, due to the fixed ruble – gold linkage, if Russia begins to accept gold directly as a payment for oil, then this would be a new paradigm shift for the gold price as it would link the oil price directly to the gold price.

For example, Russia could start by specifying that it will now accept 1 gram of gold per barrel of oil. It doesn’t have to be 1 gram but would have to be a discounted offer to the current crude benchmark price so as to promote take up, e.g. 1.2 grams per barrel.

Buyers would then scramble to buy physical gold to pay for Russian oil exports, which in turn would create huge strains in the paper gold markets of London and New York where the entire ‘gold price’ discovery is based on synthetic and fractionally-backed cash-settled unallocated ‘gold’ and gold price ‘derivatives.”

 

This is the main game in the precious metals market. Demand for physical v paper (unbacked) gold.

The paper market was used to dilute and and suppress the precious metals market for decades.

Putin knows that precious metals trade on the Comex and LBMA are fraudulent. It would not surprise me if Putin has played the long game and does have 12,000 tonnes of gold. It would be in his interest to see the price very much higher. 2x 3x 10x

The world runs on energy. Stop the energy and everything stops.

If Putin links oil sales to gold, the demand for physical will soar! It would promptly crash the entire western financial system which is based on a lie. Why? Massive naked short selling and high leverage on Comex and on the LBMA via derivative’s

This may upset some people but they have had every opportunity to get their affairs in order!

Read the first line carefully and put it in context, that is real wealth, not paper wealth. Physical oil and gas in the ground. Putin can turn that tap off at any time of his choosing!

We have been repeatedly lectured to by the western media and politicians that Putin and Xi are bad.

Putin is pro Russia and Xi is pro China. They live in very dangerous countries where many people have tried to have them assassinated. They have both explicitly rejected Schwabs WEF NWO and stand in their way. That is grounds for those people to want them gone by any manner.

If you invest in precious metals there is a high chance you either don’t trust the government or the monetary system or both.

Watch Putin, the linking of gas to the rouble and gold and if Putin also links russian oil to gold.

Putin is reintroducing gold into the system, which is in a massive bubble. Stocks, Bonds, Property all pushed up on too much finance, interest rates too low and terms too easy.

Things maybe about to get very messy very quickly. Be prepared as they say.

I hold precious metals, 0 stocks, 0 bonds, but also hold income producing property in Australia.