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Gold fever. Actually, the Central Bank of Russia injects roubles into the domestic economy by buying up domestic gold production. This is a monetary operation conducted on the books of the central bank and it therefore does not affect the government's fiscal balance. Zero HedgeRussian Gold Reserves Hit Putin-Era High, Buying Frenzy Accelerates Tyler Durden
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Mike Norman considers the following as important: gold production, gold reserves, Russia
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Gold fever. Actually, the Central Bank of Russia injects roubles into the domestic economy by buying up domestic gold production. This is a monetary operation conducted on the books of the central bank and it therefore does not affect the government's fiscal balance. Zero HedgeRussian Gold Reserves Hit Putin-Era High, Buying Frenzy Accelerates Tyler Durden
Topics:
Mike Norman considers the following as important: gold production, gold reserves, Russia
This could be interesting, too:
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
Robert Skidelsky writes House of Lords Speech – Ukraine: “A wake up call” (International Relations and Defence Committee Report)
Robert Skidelsky writes The American Conservative – Why Is the UK So Invested in the Russia–Ukraine War?
Robert Skidelsky writes The American Conservative: Skidelsky on Russia, Ukraine and the Future of European Security
Actually, the Central Bank of Russia injects roubles into the domestic economy by buying up domestic gold production. This is a monetary operation conducted on the books of the central bank and it therefore does not affect the government's fiscal balance.