Russia Sanctions Backfire. LBMA Banks Take Cover.
Episode 68
Posted 8th abril 2022

Russia Sanctions Backfire! LBMA Banks Take Cover.

In this week’s Live from the Vault, Andrew Maguire unpacks the Bank of Russia’s shocking decree, declaring the bank will accept only gold or gold-pegged Ruble payments for oil, energy and commodities.

The precious metals expert explains how Russia’s attempts at bypassing recent sanctions could trigger huge arbitrage opportunities, bolstering the Ruble’s value in the process.

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