InvestorsHub Logo
Followers 29
Posts 3278
Boards Moderated 0
Alias Born 12/24/2017

Re: None

Saturday, 03/19/2022 5:20:42 PM

Saturday, March 19, 2022 5:20:42 PM

Post# of 107348


“If the currency continues to fall relative to the US dollar, Credit Suisse strategist Zoltan Pozsar told Bloomberg that the country could use the stockpile to effectively revert to a gold-standard, using it as an "anchor" by selling it at a fixed price in rubles.”

https://www.businessinsider.com/russia-has-140-billion-gold-stash-that-no-one-wants-2022-3?fbclid=IwAR3zfMxq-IvZ8bed_iP-B0fC_fsaOxUbTveNUn6CC6pTTU0YWkrR--4IE9c

"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett