Let me summarize for you:
As of the day after tomorrow...
Russian commodities will now be sold in Rubles.
Where can you get your Rubles?
Russia will exchange Rubles for gold, at 5000 Rubles per gram.
This means Moscow is buying real gold with printed fiat.
Many nations HAVE TO get some Rubles.
Now that you have some Rubles, you can use them to buy Russian oil and gas.
In other words, every "unfriendly" nation that uses Russian energy will now have to find some gold, or otherwise convince some third party to trade Rubles for Western fiat, (pro hint: there are not enough Rubles in international circulation to buy all the oil because, until recently, Russia did her foreign trade in $US Dollars like everyone else.)
The Western powers will demand to purchase gold with Western fiat - from Davos in Switzerland. Specifically the gold hoard in the Swiss mountains controlled by the central banks, among a few other known major gold hoardings. Every country will possibly demand the return of their real gold reserves from the central banks. Especially Germany will want all of their gold back from the Fed.
Davos now has to either find a way to say no to fiat for gold, (very very difficult,) or they have to find another source of energy that can be traded for fiat, (very hard in the short term, easier over the mid to long term.)
Massive pressure on Biden and Trudeau to turn the carbon energy business back on.
Massive massive pressure.
Meanwhile, Moscow gets all the gold. The Ruble becomes the Petro Ruble. The US Dollar loses global reserve currency monopoly status. There is a new kid on the block, with a more balanced set of books.
The Jews get fucked. Maybe we do too.
Kvetching from Europe to Washington to the Middle East to Japan
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