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Russia Considers Possibility Of $25 Oil Next Year

September 11, 2019

Russia Considers Possibility Of $25 Oil Next Year Russia is considering the notion that oil prices may be as low as $25 per barrel in 2020, the country’s central bank said in its new forecast published on Monday, as cited by Reuters. Russia’s Central Bank has forecast in its macroeconomic forecast that oil could possibly hit […]

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Russia Backs Away From Dollar AGAIN: Shifts $100 Billion To Yuan, Yen, And Euro

January 11, 2019

Russia Backs Away From Dollar AGAIN: Shifts $100 Billion To Yuan, Yen, And Euro Russia is continuing to ramp up its efforts to move away from the American dollar.  The country just shifted $100 billion of its reserves to the yuan, the yen, and the euro in their ongoing effort to ditch the dollar. The […]

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The Central Bank of Russia Added a Record 223 Tons of Gold in 2017

January 22, 2018

THE CENTRAL BANK OF RUSSIA ADDED A RECORD 223 TONS OF GOLD IN 2017 Russian Central Bank Adds 300,000 ounces (9.331 tons) of gold to reserves in December. Since June 2015, the Central Bank of Russia has added over 558 tons of gold to reserves. December’s 9.331 ton gold addition brings Russia’s Central Bank holdings […]

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Russia Warns Washington: Confiscating Gold Reserves Would Be “Declaration Of Financial War”

November 29, 2017

Russia Warns Washington: Confiscating Gold Reserves Would Be “Declaration Of Financial War” In a surprising, and unexpected warning – which seemingly came out of nowhere – Russia’s Finance Minister Anton Siluanov cautioned Washington yesterday that “If our gold and currency reserves can be arrested, even if such a thought exists, it would be financial terrorism.” […]

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De-Dollarization Accelerates: Russia Launches SWIFT-Alternative Linking 91 Entities

February 19, 2015

De-Dollarization Accelerates: Russia Launches SWIFT-Alternative Linking 91 Entities Back in 2013, The NSA was first exposed for secretly ‘monitoring’ the SWIFT payments flows. This appears to have been among the last straws for Russia (and others) as far as both NSA spying and dollar domination. Last year, following threats to remove Russia from SWIFT by the UK, (which SWIFT […]

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A Full-Blown Economic Crisis Has Erupted In Russia

December 16, 2014

A Full-Blown Economic Crisis Has Erupted In Russia. The 8th largest economy on the entire planet is in a state of turmoil right now.  The shocking collapse of the price of oil has hit a lot of countries really hard, but very few nations are as dependent on energy production as Russia is.  Sales of […]

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