Even though it's still too premature to predict how the US dollar will fare during this economic shift, it is almost certain that it will emerge weaker and less dominant than before. This comes as a result of the gold backed ruble which is the new paradigm shift for the global economy.
The Bank of Russia resumed gold acquisitions this week, but even more significantly, between March 28 and June 30, the regulator will do this at a set price of 5,000 rubles ($59) per 1 gram, increasing the...
