IS GOld about to get Pounded?, page-15

What will the roubles buy?

Certainly not what they are used to as sanctions cut out a lot of imported goods and devaluation is already massive in the last few months.

There are going to be a lot of unhappy Russians. I think Vlad is going to have a pop to the downside in the popularity stakes.

The big point is that something major on the surprise front could come out of this oil collapse.