Will Russia remonetize in gold?

The “perfect-storm” of geopolitical instability, diplomatic isolation, severe currency depreciation, and economic decline now confronting Russia has profoundly damaged Moscow’s international standing, and possibly for the long-term.

Yet, it is precisely such conditions that may push the country’s leadership into … Read the rest

Zuma blames quantitative easing for rand decline

President Jacob Zuma denied on Thursday being responsible for the sharp decline in the value of the rand.

Responding to the Presidency Budget Vote debate, Zuma roasted opposition parties for linking his news briefing more than two weeks ago on … Read the rest