Russia wants its exports to be paid in gold by the western alliance/EU. Could be one of the reasons causing instability in the markets. The trends globally are to move away from dollar as exchange currency in trade.
Now we know why they have been one of the largest net buyers of gold like china. US dollar should have never gone off gold standard.
Last Friday was 2 calendar days shy of 5 year anniversary of 2009 market bottom. Wouldn't that be a doozy if it was the top of this most recent bull market :eek: