as payment for The EU's purchases of petroleum products.
The Russian Central Bank (non-Rothchild),
has pegged the Ruble @ 1 gram = 5000R,
($50 US) at recent Forex at 100-1, using paper Rubles as proxy.
The EU's choices now are now to pay directly in gold, or buy Rubles - either of which increases demand for Rubles.
Foreign holders of dollar debt notes in reserve will see less use for them and likely start dumping them for a currency which is more stable and holds value. Japan, already on a gold-based order, will dump dollar debt notes as fast as they can, purchasing gold-based currencies...like the Ruble. As the deflationary effect makes Rubles more valuable, the RCB can set the exchange rate wherever they choose..
All excess dollar debt dumped will add to the the US extant hyperinflation.
There's no wonder Xiden is begging Europe to help regime change in Russia, as the streets fill with hungry, angry Americans here at home, demanding answers..
There will be a reckoning...