Financial Times/James Politi and Sam Fleming/3-24-2022
“G7 leaders have agreed to crack down on Russia’s ability to sell its gold reserves to support its currency as they launch a new effort to hinder any attempts by Moscow to evade financial sanctions imposed by the west.”
USAGOLD note: Not sure what impact this G-7 effort will have on market thinking, if it has any at all. Russia has not indicated a willingness, at this juncture, to put its gold on the market.
