The only way to get away from the dollar is to dig underneath it, right to the very base of the monetary pyramid itself.
No other currency can replace the dollar – but money itself can, that is gold and silver. (Gold for the central banks, and silver for the public.) So writes Putin’s economic advisor Sergey Glazyev in an article entitled “Gold Ruble 3.0”, while quoting one of our favorite analysts, Zoltan Pozsar.
And speaking of Russia, palladium deliveries on the Comex start in just two business days, and 38% of palladium production comes from Russia.
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