Russia has been talking of moving away from the American dollar as - TopicsExpress



          

Russia has been talking of moving away from the American dollar as reserve currency, and going with the Yuan. While this is nothing new, it is starting to look like it actually might happen. China, Russia, and many other countries have been suggesting this for a long time, but it seems like the recent sanctions against Russia for their as-of-yet unproven involvement in the Ukraine crisis may be the final straw... This will lift gold prices, be generally detrimental to the US dollar, and result in an overall global economic underpinning.
Posted on: Mon, 09 Jun 2014 13:09:57 +0000

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