• Russia is dumping US debt and buying gold instead

    28 days ago - By Chron

    MIKHAIL KLIMENTYEV/AFP/Getty Images
    Russian ownership of US Treasury bonds has dropped from $96.1 billion in March to an 11-year low of $14.9 billion, latest figures show.
    The US Treasury released a list of the top 33 national investors in its bonds on Tuesday. Russia, once in the top 10, was absent.
    Elvira Nabiullina, head of the Central Bank of Russia , said cutting the stake is due to an assessment of financial, economic, and geopolitical risks.
    Russia has been buying gold as it sells off US bonds, recently overtaking China as the world's biggest holder of gold, with $80.5 billion-worth.
    Read more ...

     

  • Russia is dumping US debt and buying gold instead

    Russia is dumping US debt and buying gold instead

    28 days ago - By Business Insider

    Russian ownership of US Treasury bonds has dropped from $96.1 billion in March to an 11-year low of $14.9 billion, latest figures show.
    The US Treasury released a list of the top 33 national investors in its bonds on Tuesday. Russia, once in the top 10, was absent.
    Elvira Nabiullina, head of the Central Bank of Russia , said cutting the stake is due to an assessment of financial, economic, and geopolitical risks.
    Russia has been buying gold as it sells off US bonds, recently overtaking China as the world's biggest holder of gold, with $80.5 billion-worth.
    The Russian Federation has sharply...
    Read more ...

     

  • Russia is dumping US debt and buying gold instead

    Russia is dumping US debt and buying gold instead

    28 days ago - By Business Insider

    Russian ownership of US Treasury bonds has dropped from $96.1 billion in March to an 11-year low of $14.9 billion, latest figures show.
    The US Treasury released a list of the top 33 national investors in its bonds on Tuesday. Russia, once in the top 10, was absent.
    Elvira Nabiullina, head of the Central Bank of Russia , said cutting the stake is due to an assessment of financial, economic, and geopolitical risks.
    Russia has been buying gold as it sells off US bonds, recently overtaking China as the world's biggest holder of gold, with $80.5 billion-worth.
    The Russian Federation has sharply...
    Read more ...