[Chad C. Mulligan]

Take with a tablespoon of salt. This is yet another site that wants to sell you gold, like the ones that litter Zero Hedge.

[delta7]

The dollar is dead. Where else to store your wealth? Bitcoin? US Treasuries? Paper currency of some foreign nation? If you don’t hold it ,you don’t own it, that is currently underway. Prepare accordingly and choose wisely. A lot of pain and suffering is heading our way.

[hanamizu]

This is yet another site that wants to sell you gold, like the ones that litter Zero Hedge.

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I have no problem with owning/buying gold & silver. But I do find it ironic that the sites that scream the loudest about the safety of gold are exchanging their gold for fiat dollars.

[BiglyCommentary]

These gold bug sites have been yapping about the death of the dollar for my entire adult life. Most are extremely ignorant as to why the dollar is used and the other part is they can play “look squirrel” away from high markups because at any minute the dollar is going to start crashing, and your gold will skyrocket, so who cares if you overpaid.

[dblshot]

So if we want to buy Russian oil they will only sell it to us if we give them gold or rubles. On the other side of that transaction Russia can only sell to those who are willing to pay in gold or rubles. Unless this russian roulette applies only to western countries they can get what they can get from non western countries. will they take rupees, yen, yuan? Oil is fungible. This is not a shot that we need to worry about. At least not a shot as bad as closing down US oil production.