SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
marcher
To: ggersh who wrote (66793)3/18/2022 8:43:56 PM
From: Real Man1 Recommendation  Read Replies (3) of 71408
 
I really see very little reason for accumulation of foreign currency reserves after what sanctions did to the Russian central bank. There is no purpose now if a hostile foreign power confiscates the reserves of a central bank at will.
They can do the gold standard instead? What’s the alternative? I’d move into fully gold backed ruble if I were them. Alternatively ruble can be tied to a barrel of oil.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News