Putin aide’s advice: Default on foreign debt, put reserves into gold and BRICs bonds

By: Chris Powell, Secretary/Treasurer, GATA
GoldSeek.com
Tuesday, 8 September 2015

Dear Friend of GATA and Gold:

Russia’s government long has understood gold’s secret power over the international monetary system. In an address in June 2004 at the summer meeting of the London Bullion Market Association at the Kempinsky Hotel in Moscow, the Russian central bank’s deputy chairman, Oleg Mozhaiskov, spoke only four words in English: “Gold Anti-Trust Action Committee”:

As far as GATA itself knew at that time, it had never had any contact with anyone in Russia or anyone connected with the Russian government.

But Russia’s expressions of interest in gold have multiplied since then and another one was reported today by the Moscow-based financial newspaper Kommersant (“The Businessman”), which described a plan to achieve Russia’s economic sovereignty that is to be presented next week to Russia’s Security Council by Sergei Glazyev, a politician and economist who is an assistant to President Vladimir Putin:

The Rest…HERE

This entry was posted on Tuesday, September 8th, 2015 at 10:17 am and is filed under Economics, Russia. You can follow any responses to this entry through the RSS 2.0 feed.