Russia's Bold Silver Move: A Game Changer for the Commodities Market?

October 15, 2024 00:36:16
Russia's Bold Silver Move: A Game Changer for the Commodities Market?
Natural Resource Stocks
Russia's Bold Silver Move: A Game Changer for the Commodities Market?

Oct 15 2024 | 00:36:16

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Show Notes

In this episode, Andy Schectman and Andy Millette disccus Russia’s unprecedented announcement to begin stockpiling platinum, palladium, and silver, marking a pivotal moment as no other country has explicitly declared intentions to accumulate silver for reserves. The conversation covers the strategic moves by China and India in accumulating silver and gold, often outside traditional Western exchanges. It delves into the broader implications for global economics, including the upcoming BRICS meeting and the potential introduction of a new settlement currency backed by commodities like gold. The dialogue also touches upon the shifting dynamics of global power and the implications for the…

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