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It will probably go back up to about 5 grams of Gold per barrel, which was the past peak, and hold there. More troubling if you're paid in dollars, the end of
by mikewarot 7mo ago
It will probably go back up to about 5 grams of Gold per barrel, which was the past peak, and hold there.
More troubling if you're paid in dollars, the end of the Petrodollar is likely now on a very accelerated timeline. Based on history, I expect a 60-80% drop in our standard of living when that happens.
- joquarky 7mo agoOn top of the drop from the past 10 years?