Gold

Russia Set To Implement Gold Standard For Ruble

Russia Set To Implement Gold Standard For Ruble

Every national financial system’s sovereignty requires that its methods of payment have inherent worth and price consistency, and are not dependent to the dollar. With this objective in mind, Russia is now all set to implement the gold standard for ruble.

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Russia To Accept Bitcoin And Gold For Natural Gas

The present volume and liquidity of the Bitcoin market raises doubts about whether the peer-to-peer currency can be extensively employed in global trade at this time. Nevertheless, Russia has chosen to accept Bitcoin and gold for natural gas.

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Venezuela Sues Bank Of England For Refusing Its Gold

Venezuela Sues Bank Of England For Refusing Its Gold

Weeks after Venezuelan intelligence crushed a secret plot to overthrow President Nicolás Maduro, now Venezuela has sued the Bank of England for refusing to give back its Gold. President Nicolas Maduro has also announced that Venezuela will sue US in International Criminal Court (ICC) for severe damage caused by the economic

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