Interfax Report: Russia To Increase Silver Holdings In State Fund

October 4, 2024

Earlier this week a report came out that in Russia's new draft budget, "the plan is to acquire refined gold, silver, platinum, and palladium to increase the share of highly liquid assets in the state fund."

This would be one of the first public moves by a government or central bank to increase holdings of silver as a form of reserves. And to find out more, click to watch the video now!

Arcadia Economics

*********

US silver mining began on a large scale with the discovery of the Comstock Lode in Nevada in 1858.

Silver Phoenix Twitter                 Silver Phoenix on Facebook