Russia Proves the Dollar Is Not Almighty.
#dollar #currency #gold #geopolitics #china #trade
Today we will look into a question I asked myself the other day about the dollar and whether nations are prepared to lose their reserves.
My conclusion is that Russia's economy has actually survived despite being cut off from its reserves and the dollar system.
Central banks bought the most gold on record last year, WGC says: https://www.reuters.com/markets/commodities/central-banks-bought-most-gold-since-1967-last-year-wgc-says-2023-01-31/
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