Russia Now has More Gold than Dollars
In this video, we look at the gold holdings by the Central Bank of Russia. Now for the first time the amount of gold has surpassed the amount of dollars they hold. This is in their ongoing effort to de-dollarize and become less vulnerable to US sanctions.
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Bloomberg article:
https://www.bloomberg.com/news/articles/2021-01-12/russia-s-583-billion-reserves-now-hold-more-gold-than-dollars
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