![Gold in the service of Soviet Union, part 2](/data/include/img/news/1736871134.jpg)
We continue our considerations on the subject of historical economy for connoisseurs and not only. We’re discussing history of gold and its use in Bolshevik Russia and the USSR in the years 1918-1991.
We continue our considerations on the subject of historical economy for connoisseurs and not only. We’re discussing history of gold and its use in Bolshevik Russia and the USSR in the years 1918-1991.
This time we have a pleasure to present subject from the field of historical economy for connoisseurs and not only. What we’d like to discuss in this series of articles is history of gold and its usage in Bolshevik Russia and USSR between 1918-1991.
US presidential elections set for 5th November are cherry on the top and grand finale of 2024 – year tightly packed with local, parliamentary and presidential elections held worldwide. But none are perceived as more important than those in US. Especially in times of such extreme polarisation and geopolitical turmoil.
Dollar is king among assets held by central banks – no doubts about that. Until recently, currency of European Union maintained prestigious second position, however according to some estimations, it seems such just recently changed.
Everyone interested in gold mining knows that main producing countries are China, Russia and Australia. It’s also common knowledge that it is Africa, Asia, and Central & South America who dominate analysis on geographical gold distribution. But there is also one region, which usually doesn’t receive enough coverage, or at least not enough to what it deserves. This is Central Asia.
Recent price developments on precious metals are eye feastening to gold and silver investors. And in recent development, silver broke its leash, and for the first time in years, firmly crossed solid resistance at 30 USD. Today, we’ll focus on silver’s price action occurred in second half of May 2024.