Old Nick
Legendary Knight
What’s interesting is that Russia and China were both building their physical gold reserves a few years ago, and I’m sure there was a load repatriated from UK and USA into Moscow and Beijing
Having their currencies shored up with physical assets would be very handy when you can’t use the Dollar any longer - last August Russia had $106 Trillion in physical gold reserves with $0.3 Trillion debt compared to USA gold reserve $377 Trillion but $28.4 Trillion of debt
The question has to be What have the Russians been planning for????
Having their currencies shored up with physical assets would be very handy when you can’t use the Dollar any longer - last August Russia had $106 Trillion in physical gold reserves with $0.3 Trillion debt compared to USA gold reserve $377 Trillion but $28.4 Trillion of debt
The question has to be What have the Russians been planning for????