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Let’s replace US dollar with Russian gold, Moscow exchange chief suggests

US Dollar

Russian gold could become the perfect alternative to conservative investments in the greenback, the CEO of Russia’s key trading floor, Moscow Exchange (MOEX), believes. “Let’s offer an alternative to the US dollar in the form of Russian gold, which we produce… investment gold,” - CEO … [Read more...] about Let’s replace US dollar with Russian gold, Moscow exchange chief suggests

Filed Under: Gold, Reserve Currency

Russia Stockpiling Bullion

Russia Stockpiling Bullion

The Central Bank of Russia has recently been buying bullion at an unprecedented pace. According to Argentine financial expert Gabriel Rubinstein, this policy is aimed at protecting the Russian economy in the event of crisis situations, including against dollar-related "manipulations" by the … [Read more...] about Russia Stockpiling Bullion

Filed Under: Geopolitics, Gold, Reserve Currency Tagged With: Reserve Currency, Russia

Global Oil Trade In Rubles, Yuan?

Global Oil Trade In Rubles and Yuan

Three weeks after the US imposed financial sanctions on Venezuela in an effort to cripple its economy and choke the Maduro regime, which in turn prompted Caracas to announce it would no longer receive or send payments in dollars, and that those who wished to trade Venezuelan crude would have to do … [Read more...] about Global Oil Trade In Rubles, Yuan?

Filed Under: Gold, Oil, Reserve Currency Tagged With: Crude oil, Reserve Currency

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