Rethinking The Dollar: Russia Liquidates Nearly All Its Dollars & Invests Money In Gold
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Here is today's articles mentioned in this news update:
1. Russia liquidates nearly all its holdings of US debt & invests money in gold
https://www.rt.com/business/441615-russia-liquidates-us-debt/
2. Treasury data shows Russian holdings of US debt plunged 84% since March, but here's what it really means
https://www.cnbc.com/2018/07/29/treasury-department-report-shows-russian-holdings-of-us-debt-plunged.html
3. Russia And China Prepare To Ditch Dollar In Bilateral Trade
https://www.zerohedge.com/news/2018-10-18/russia-and-china-prepare-ditch-dollar-bilateral-trade
4. Hungary Boosts Gold Reserves 10-Fold, Citing Safety Concerns
https://www.bloomberg.com/news/articles/2018-10-16/hungary-increases-gold-reserves-tenfold-citing-safety-bid
5. Gold is good. Gold is strong. Populist governments in Eastern Europe are stockpiling it
https://qz.com/1425717/central-banks-in-hungary-poland-and-russia-are-buying-gold/
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar". Opinions expressed in this video should not be relied on for making investment decisions, tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education.
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