
“When Vladimir Putin says the U.S. is endangering the global economy by abusing its dollar monopoly, he’s not just talking. He’s betting on it. Not only has Putin made Russia the world’s largest oil producer, he’s also made it the biggest gold buyer. His central bank has added 570 metric tons of the metal in the past decade, a quarter more than runner-up China, according to IMF data compiled by Bloomberg. The added gold is also almost triple the weight of the Statue of Liberty.”
Related posts:
Marc Faber: Fed Monetary Policy Will Destroy The World
Lavabit.com owner: 'I could be arrested' for resisting order to turn over user info
Richard Branson reveals 'tax exile' move to private Caribbean island
Oklahoma execution renews debate on doctors' role in lethal injection
6 companies that are the most reliant on government contracts
Hedge Funds Gear Up for Another Big Short: High-Yield Bonds
'My business accepts Bitcoins'
IMF: infrastructure spending spree last chance to revive growth
Syrian President Bashar al Assad Charlie Rose Interview (full)
California's Solar Mandate Raises Housing And Energy Prices Without Reducing CO2
Russia offers to consider possible Edward Snowden asylum request
Face recognition pioneer now worried tech enables mass surveillance
Swiss banks face massive fines over Americans’ untaxed bank accounts
Spain: Unemployment For Under 25s Over 55%
Deloitte Rep. Warns China, Hong Kong To Sign FATCA Agreement