Russia's Gold Reserves Are a Growing Threat to the U.S. Dollar

Russia had a rough time in 2014. Crashing oil prices and sanctions from the West caused the ruble to fall 46% to an all-time low of 80 rubles to 1 U.S. dollar. Inflation climbed all the way to 11.4%. But Russia continued aggressively adding to its gold reserves, despite these challenges and hardships. Russia's motives and accumulating gold stash could have a devastating effect on the U.S. dollar. Take a look... Tags: China gold reserves , fall of the U.S. dollar , gold reserves , how much gold does China have , how much gold does Russia have , Russia buying gold , Russia gold reserves , Russian gold reserves , Russia’s gold reserves , U.S. Dollar , world reserve currency To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Russia's Gold Reserves Are a Growing Threat to the U.S. Dollar appeared first on Money Morning - We Make Investing Profitable .
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.