Go Down Skip to main content

Author Topic: Russia Is Buying Gold: Will It Save Russia From Dollar Sanctions? End of Dollar Hegemony?

  • ****
  • Member Plus
  • Posts: 1023
    • YoNews.org
Russia Is Buying Gold: Will It Save Russia From Dollar Sanctions? End of Dollar Hegemony?

The German newspaper “Die Welt” announced that Russia actively seeks to get rid of dependency on the US dollar by purchasing gold and selling the bulk of the Moscow-owned US Treasury bonds.


According to political advisor and author James Rickards, cited by the newspaper, the Russian government pursues “a strategic plan” aimed at protecting the country from “dollar sanctions” by building up Russia’s gold reserves.


Source: Russia Is Buying Gold: Will It Save Russia From Dollar Sanctions? End of Dollar Hegemony?
Post Yonews
Drag to your tool bar
& Post from anywhere!

Share
 
Go Up