Some gold commentators are writing the central bank of Russia has linked the ruble to gold, but this is not true. In the fog of war the first causality is the truth, and this time it’s no different. Information coming from either side of the war between Russia and Ukraine about military, political, or financial developments should be treated with skepticism.
I believe he maybe CIA, not that I can prove it. Aprt from JR lobbing at invitation only events like DAVOS etc., he also claims to have taken part in financial war games at Los Alamos, one of the most fortified places in the world.
People need serious security clearances to be in such a place, not to mention signing your life away with official secrets act documents. In other words even if someone wanted to tell us the truth they couldn't without top level clearance from Pentagon elite, or else face the most serious of charges & silencing, even torture (like Chelsea Manning for example).
Are the Russian financial institutions just a "pass-through" for buyers of Russian oil? Russia has said she wants rubles for oil. But there is not much of a market for rubles vs other currencies. So (example) Indian refiner brings gold to Sberbank, who buys the gold at 5000 rubles / gram, Indian refinery gets rubles to buy oil. It's true Indian refiner is getting screwed on the gold price, but if the price of oil is discounted enough, it could be worthwhile. Am I thinking straight?
I have stopped reading anything that Rickards postulates.
I believe he maybe CIA, not that I can prove it. Aprt from JR lobbing at invitation only events like DAVOS etc., he also claims to have taken part in financial war games at Los Alamos, one of the most fortified places in the world.
People need serious security clearances to be in such a place, not to mention signing your life away with official secrets act documents. In other words even if someone wanted to tell us the truth they couldn't without top level clearance from Pentagon elite, or else face the most serious of charges & silencing, even torture (like Chelsea Manning for example).
Yeah I know. Weird stuff. I have debunked his commentary more often https://www.bullionstar.com/blogs/koos-jansen/the-gold-backed-oil-yuan-futures-contract-myth/
Are the Russian financial institutions just a "pass-through" for buyers of Russian oil? Russia has said she wants rubles for oil. But there is not much of a market for rubles vs other currencies. So (example) Indian refiner brings gold to Sberbank, who buys the gold at 5000 rubles / gram, Indian refinery gets rubles to buy oil. It's true Indian refiner is getting screwed on the gold price, but if the price of oil is discounted enough, it could be worthwhile. Am I thinking straight?
I think you are hitting your stride again Jan, I'd like to see more about how Eurasia is involved with bullion. Thanks
Thanks Jan, been trying to find out truth about this without success for sometime much appreciated.