Economic Collapse Coming?
Russia and China dumped us treasuries and buy gold is appealing to Russia and China because its shields them from the US government’s ability to control the value of their holdings it’s no secret that Russia and China both share a growing appetite for gold.
The good news for gold enthusiasts is that China and Russia, the world’s No. 1 and No. 3 producers, are catching up to the big industrial countries in stocks of bullion in their official reserves. [Read more…]