Economy

Russia Buys 600,000 oz Of Gold In May After Dumping Half Of US Treasuries In April

Russia adds another 600,000 oz to it’s gold reserves in May. Holdings of U.S. government debt slashed in half to $48.7 billion in April. ‘Keeping money safe’ from U.S. and Trump – Danske Bank. Trump increasing the national debt by another 6% to $21.1 trillion in less than 18 months. Asian nations accumulating gold as shield against dollar devaluation and trade wars.
Source: snbchf.com

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