It is now eighteen months since Sergei Glazyev, Commissioner for Integration and Macroeconomics within the Eurasian Economic Commission, disclosed his views on gold and its economic value. Undoubtedly, his opinion carries weight not only with President Putin to whom he is very close, but he also influenced Russian proposals for a new trade settlement currency for BRICS which failed to make the Johannesburg agenda last August. Published in Vedomosti, the Moscow business paper on 27 December 2022, Glazyev’s views are very relevant today given Russia’s presidency of BRICS which commenced on 1 January. We should regard it as the background behind … Continue reading Russia’s View on Gold