So, all this is complicated for the average guy like myself having little background in finance and banking...lots of trees to see here, but if I'm seeing the forest at all it looks to me like Russia is ultimately saying that they'll deliver oil in exchange for gold and have no interest in accepting dollars. Isn't that how it shakes out?
This all brings to mind the Third Seal spoken of in the book of Revelation ch.6.
It turns out printing dollars out of thin air pisses people off. Who'd have thought?
