Ruble stronger vs dollar than before Ukraine War | Bill Holter

Arcadia Economics, Released on 5/28/22

A few months ago Joe Biden warned Vladimir Putin that if Russia invaded Ukraine, the US would respond with financial sanctions. Which it did. However months later, after initially getting blown out, the Ruble has rallied. And now it´s even stronger against the dollar than even before the whole skirmish began. Fortunately Bill Holter of JS MineSet joined me on the show to explain what´s happened, and why this puts so much pressure on the western financial system. As well as what to be aware of going forward.

Bill Holter is currently a writer for Miles Franklin and Jim Sinclair’s Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. Bill was a well-known contributor to the Gold Anti-Trust Action Committee (GATA) commentaries from 2007-2012. Bill became a writer for Jim Sinclair’s Mineset in 2015.

Chris Marcus worked 2 years at bond rating agency Moody’s, has an MBA from Wharton, and also worked 7 years as an equity options trader for Susquehanna International Group on the American and New York Stock Exchanges, before leaving in 2012 to create Arcadia Economics. In addition to publishing Arcadia’s Monthly Market Snapshot, he also currently writes market commentary for gold and silver dealer Miles Franklin,, and several others.

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