Petrodollar

  1. Russia Could Invest Part Of Its National Wealth Fund In Gold

    Russia Could Invest Part Of Its National Wealth Fund In Gold

    In the past two years Russia has been quite explicit in its shifting preference between fiat. . . . Tyler Durden
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  2. In Gold We Trust #3

    In Gold We Trust #3

    Governments around the world have recently been on a “gold-buying spree.” These countries have a tactful reason for doing so, and this reason is directly tied . . . .
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  3. Another Bretton Woods Gathering To Solve A Global Problem

    Another Bretton Woods Gathering To Solve A Global Problem

    In the Spring of 1944, the world’s attention was rightly focused elsewhere. American and British troops were stuck at the Anzio . . . .
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  4. The Rush to Gold will Accelerate as the Dollar Collapse Gains Momentum

    The US dollar has been dominant as the global reserve currency for a century. It was backed by gold, and the phrase, “good as gold,” had a literal meaning . . . .

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  5. While U.S. piles up debt, Russians are hoarding gold

    It’s a little-known fact in the West, but Russia has very little sovereign debt. In fact, if you ignore the corruption and misallocation of capital in the Russian economy, you could make the case that Moscow has been more financially responsible than Washington over the last several decades . . . .

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