Jay Taylor - "Petrogold", "Shocking" Gold Bull Market to Come

``GR: How would petrogold work in practice? / JT: Russia would provide China with much of its energy needs and would be paid in renminbi. The Russians would then take their renminbi to the Chinese exchange and get gold for it, if they so desire. I think the infrastructure is being set up, both with petroleum exchanges and gold exchanges, in Russia and China and other countries in Asia.''