Russia's planning to establish their own gold standard and precious metals exchange after getting banned by the LBMA. However, this goes beyond just creating a marketplace to sell their own gold. Russia is looking to form an alliance with other commodity superpowers such as China and India to destroy the monopoly of the LBMA and the western gold exchanges. This might be part of their plan to take down the US dollar as well. Here's what you must know.
https://www.youtube.com/watch?v=u9qtY7iTZHQ
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