Socio-Economics History Blog

Socio-Economics & History Commentary

The Shanghai Gold Exchange, the New Silk Road and the Threat to the Petrodollar

  • Published on Jul 19, 2017
    In this report I talk about the recent news that Russia’s largest bank, Sberbank, has started dealing in physical gold on the Shanghai Gold Exchange. I also look at the threat to the dollar’s status as a reserve currency from the New Silk Road plan being implemented by China.

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July 22, 2017 - Posted by | Economics, GeoPolitics | , , , , , , , , , ,

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