4min chapter

Odd Lots cover image

Zoltan Pozsar on His Next Big Move and the Coming Monetary Divorce

Odd Lots

CHAPTER

The Stock of War Between the Oil Consumers and the Oil Producers

Russia and Iran are establishing a special economic zone along the Caspian Sea where the trade is going to be settled in a gold act. Ghana and Russia basically had an oil for gold deal whereby Russia ships oil to Ghana and Ghana pays gold for the oil that they receive. There's another gold rich African country which is playing the best idea of a gold bag, digital token. And I think we are seeing this more and more in the data that especially the countries that are not geopolitically aligned to the US are shunning treasuries and buying gold instead.

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