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Russia Dumps Massive Amount of U.S. Treasury Holdings--Becomes World's Largest Holder of Gold

• https://thefreethoughtproject.com

Russia'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.

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