Date: 6 months ago   Category: Economy

Die Welt has told how Russia gets rid of dictatorship of dollar — Rambler News Service


Photo: Kirill Kukhmar / TASS Russia has increased gold mining in July to the highest level since November. She is in the fifth place in the world in size of a gold reserve, the editor of the German newspaper Die Welt writes. The author claims that thus Russia doesn't count on normalization of the relations with the West and seeks to get rid of dictatorship of dollar. "Vladimir Putin (President of Russia. — RNS), probably, I didn't expect that the relations with the West are normalized quickly. It is the only way to interpret the current data published by the International Monetary Fund (IMF) — the author of the newspaper notes. In article the opinion of the political scientist James Rikards who considers that, buying gold, Russia has strategic the plan is given. "The Russian president buys gold because the dollar is used as weapon against Russia. Gold — ideal investment for protection against sanctions in dollars" — the political scientist considers. In article it is also noted that, according to the strategic plan, Russia is ready to accept even economic losses.

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