Supposedly Russia just pegged the Ruble to gold... not totally, but more thoroughly for sure than any other currency right now. The price was 5000 ruble per gram.
Russia is not taking payment for gas from hostile countries in funny-money like Euro or USD. So they'll have to buy Rubles or gold... I have no idea what the impact is, exactly. It's hard to predict.
That's all huge news and a huge change in the global economic landscape.
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