Pricing Oil In Gold Is "Inevitable" | Luke Gromen

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Do the recent headlines speculating that Saudi Arabia may be ready to give up the petrodollar and start pricing oil in grams of gold?

Luke Gromen sees that as "inevitable"

Here's the link to the Howard Marks investor letter mentioned in this interview: https://www.oaktreecapital.com/insights/memo/sea-change

And here's the link to the active management investment approach discussion with New Harbor from last week: https://youtu.be/R71OHMfFzuk
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#oil #gold #inflation
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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.