Russia to Price Silver in Gold Grams?

January 29, 2023

In this week’s Live from the Vault, Andrew Maguire reports on the accelerating adoption of a gold benchmark price for silver and commodity trades between nations, while examining the main drivers behind the current gold price rally.

The lifelong wholesaler reflects on the global implications of Russia’s plan to launch its own gold-pegged stablecoin, evaluating its potential to undermine the role of fiat currencies in foreign trade transactions.

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Spanish Conquistadores invaded the Inca Empire in 1528 to steal their silver and gold.

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