Commodity Trade Mantra
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Posts Tagged ‘Kyle Bass’

Why Russia Is On A Gold Buying Spree

Why is Russia engaging in this gold buying spree when it likely has more immediately gratifying ways to spend its reserves? Dmitry Tulin’s answer: “As you know we are increasing our gold holdings, although this comes with market risks. The price of gold swings, but it is a 100% guarantee from legal and political risks.”

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