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Stansberry Research: Russia Secretly Hoarded Gold for this Moment Sanctions to Backfire on U.S.

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Stansberry ResearchApr 22, 2022 “Europe has just placed its entire energy economy at risk with natural gas and oil sanctions,” as the dollar strengthens and the euro weakens, asserts Byron King, author of Whiskey & Gunpowder at St. Paul Research. Russia has been increasing its gold reserves to prepare for economic sanctions, “for the last eight to nine years,” he tells our Daniela Cambone. Lawmakers in the West, “did not truly understand the medium and long-term risk of truly weaponizing the dollar,” King claims. The inflation levels that the United States is currently experiencing have been, “structurally built into the…

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