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The Rise of Non-Monetary Commodities
Willem Schmitz: If the dollar is devalued, what happens to non-monetary commodities? He says oil, palladium are not going to be used by central banks as collateral. The rise in the price of palladium is enormous because I think 40% of all palladium comes from Russia," he adds. "This clearly points to investors fleeing to all the government's current print"