⛏️ Russia might be using gold to bypass sanctions

Russia might be using gold to bypass sanctions
Russia is likely maintaining access to the global financial market despite facing international sanctions, partly by exchanging gold for bulk cash through countries such as the UAE and Turkey. Read on »

Silver is the new gold as citizens try to protect savings
Egyptian women traditionally receive a gold jewelry set, or “shabka”, on their engagement. However, reports Reuters, as surging prices and a weakening currency have driven up demand for the precious metal, some are getting silver instead. Read on »

Russia sells US government bonds to replace them with gold in time
A few years ago the Central Bank of Russia conducted a large-scale sale of American bonds and used the proceeds to purchase large amounts of gold bars, Despite all restrictions and sanctions, the American government has no access to Russian gold. Read on »

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