Oil, the Ruble, and Gold Walk into a Bar...

8:44 AM

First published by Money Metals Exchange here: https://www.moneymetals.com/news/2022/04/05/how-russia-is-going-to-change-the-global-monetary-system-002505

There is a Narrative about Russia and how it will change the monetary system. Many analysts in the gold community are promoting this story. There’s just one problem with this Narrative. It is like how Michael Crighton described the Gell-Mann Amnesia Effect, stating that the newspaper is full of stories explaining how “wet streets cause rain.”

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