VIDEO: “Financial War” Deepens as Russia Buys Gold and Dollar Hegemony At Risk
– “This is a financial war … Russia is dumping Treasuries to get out from under dollar hegemony” – Rickards on CNN Money – Russia ramping up gold buying and has “tripled gold reserves in 10 years,” from 600 to almost 2,000 tonnes – “Russia is pushing back” against U.S. sanctions using cyber financial warfare and acquiring gold bullion as a hedge – “The dollar is in long-term decline” and it may follow the British pound which lost its reserve currency status between 1913 and 1944 – “Alternate payment systems” as proposed by German foreign minister are being created right now and it “could affect [...]