iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
22,161 Blog Posts

THE BIRTH OF THE PETROL-BITCOIN, PETROL-GOLD TRADE IS HERE

Two major news items today that might have a profound effect on markets.

RUSSIA WILL ALLOW “UNFRIENDLY COUNTRIES” TO PAY FOR NATURAL GAS IN GOLD

RUSSIA WILL ALLOW “FRIENDLY COUNTRIES” TO PAY FOR NATURAL GAS IN BITCOIN

For decades the Unites Steaks has worked tirelessly through various methods to achieve dominance via the petrol-dollar — promoting “Pax Americana” around the world and demand for dollars. Due to sanctions applied to Russia, for the first time ever — this convenience is threatened.

Going forward, Russia will only accept payment in Rubles or Gold for enemies and for friends — Bitcoin. By normalizing this, one could see how this might catch on into other areas of trade and/or nations who are against the dollar being so dominant at a time when it’s being weaponized to inflict damage to people.

The other news item worth thinking about is this:

MACRON: THE SITUATION WILL BE EVEN WORSE IN 12 TO 18 MONTHS AS UKRAINE CANNOT SOW

If you thought food supplies were scarce now and expensive, wait until you see where they are in 18 months, following months of war in Ukraine that prevented sowing of crops. We could possibly see by next year Russia occupying Ukraine and also possessing Europe’s nuts in their hands via control of 40% of the worldwide wheat and fertilizer supply.

As a result, stocks like MOS, NTR, CF, BG are mandatory buys, in my opinion.

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2 comments

  1. juice

    Maybe more sanctions will fix everything

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  2. og

    People silly for thinking USD will lose reserve status.

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    • 0 Deem this to be "Fake News"