$30,000 GOLD? Russia Says Certain Countries Will Have To Pay For Gas Using Gold But This Is The Big Surprise

Are we looking at $30,000 Gold? Russia says certain countries will have to pay for gas using gold but this is the big surprise.

You SOB’s Can Pay For Gas Using Gold
March 24 (King World News) – First Squawk:  RUSSIA WILL ALLOW “UNFRIENDLY COUNTRIES” TO PAY FOR NATURAL GAS IN GOLD…Luke Gromen noted:  For context, the oil market is ~20x the size of the physical gold market in annual USD production terms.

$30,000 Gold
James Turk:  An eye-opening chart. To return to a Gold Standard and its historical metrics, the gold price would need to be $30,000. Shows how big the everything bubble has been inflated by central banks conjuring up purchasing power from thin air with fake money.

NOTHING TO SEE HERE…
Gold Price Of $30,000 Needed To
Return To Historic Gold Standard

10 Day Move In Apple’s Stock = Entire XAU Gold & Silver Mining Index
Stephanie Pomboy:  Friend just flagged that AAPL has added $300 billion in market cap since 3/14. That is nearly equal to the $336b market cap of the entire XAU Index of gold & silver miners. The problem of ‘too small’ market cap to be investable is going to solve itself rather quickly I suspect.

Crisis Still In Early Stages
Alasdair Macleod:  In 3/2020 China recognized the implications of 0% USD rates and $120bn/month QE. It began selling USD for commodities at scale. Other nations and big business needing raw materials are now playing safe by selling USD and stocking up on resources. Crisis still in early stages.…….more here

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