- Contrary to the prevailing muddy thinking and disinformation, Russia's payment of 5,000 rubles per gram of gold DOES NOT create a gold standard.
- The Russian ruble is likely to continue to devalue as only proof that Russia will SELL gold at that price can tie it to gold and/or the US dollar.
- Russia may be irrelevant, but gold is a better investment than government bonds in the current economic environment.
- No one needs to depend on the actions of a war criminal to make gold prices rise or to collect good dividends.
For further details see:
Buy Gold, But Only For The Right Reasons