⛏ Russia Looks to Gold to Bypass Sanctions

The Resource Roundup

Good Reads

Russia’s Gold Buying Increases as Workaround for Western Sanctions
Russia has increased daily gold purchases to 8.2 billion rubles as part of a broader strategy to bypass sanctions. Gold acquired in Russia is sold in Hong Kong to fund bank deposits, allowing Russia and China to continue trading despite financial restrictions. Read on »

Does any Daylight Remain between Monetary and Fiscal Policy?
As new tools like Quantitative Easing and helicopter money emerge, the distinction between monetary and fiscal policy blurs, raising concerns about their overlapping responsibilities. Read on »

Trump Announces Plan To Conduct Full Financial Audit Of Federal Gov't
Trump confirmed the creation of the Department of Government Efficiency, or "DOGE," aimed at auditing federal operations. With Elon Musk’s endorsement and proposed involvement, the commission will focus on cutting waste, fraud, and unnecessary regulations. Read on »

Community News

  • Gold ETF Flows: August 2024 Link>>

  • Gold Soars in August as Investors Anticipate Rate Cuts Link>>

  • Faster Scale-Up of Clean Technologies Presents Multi-Trillion-Dollar Opportunities Link>>

  • Mastercard Launches Bitcoin Debit Card in Europe Link>>

  • The Most Important Chart in Gold Updated Link>>

  • Silver: The Unsung Hero of the New Economy Link>>

Reply

or to participate.