Tag: Standard

Eurasian alliance plans a Moscow World Standard to destroy LBMA’s monopoly in precious metals pricing

Towards the end of July, news emerged in the Russian media that Moscow and a number of its Eurasian allies are now reviewing a proposal to create...

Russia is Returning to The GOLD Standard : Commodities

https://www.aljazeera.com/amp/opinions/2022/4/12/the-russian-threat-to-dollar-hegemony-is-nothing-but-a-fantasyGoogling "russia ruble gold standard" brings up a lot of results, none are great. But our media has an interest in not reporting anything potentially pro Russian.What I read earlier on this is...

A Note on the New Russian “Gold Standard”

After ten days of offering to purchase gold for a fixed number of rubles, the Russian central bank has announced that going forward it will pay negotiated rates in future purchases of gold...

Russia moves closer to gold standard and what it really means

Towards the end of March, Russia made a rather startling announcement that could have long term implications. It decided to set a new peg for the Rouble in terms of gold. The benchmark,...

Stagflation, De-Dollarisation & a New Gold Standard?

Inflation is back and accompanied by a weakened global economy. Stagflation has taken hold. Now the Ukraine conflict has also become hot and the world is in the process of reordering itself. All...

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