IPFS News Link • Russia
Russia Dumps Massive Amount of U.S. Treasury Holdings--Becomes World's Largest Holder of Gold
• https://thefreethoughtproject.comRussia's holdings of United States Treasury bonds is currently at its lowest point in 11 years as the country opts to invest in gold instead.
Moscow, Russia – The Russian government has drastically reduced their holdings of United States Treasury bonds, with Russian ownership of U.S. bonds declining from $96.1 billion in March to $48.7 billion in April—and then further reducing their holdings to just $14.9 billion in May; an 11-year low.