Financial Times/Anastasia Stagnel and Lelie Hook/2-11-2023
“After Russian President Vladimir Putin announced the country’s invasion of Ukraine last February, Natalia Smirnova’s phone started ringing off the hook. The financial adviser’s Russian clients were panicking. ‘Should I buy gold?’ one asked her. ‘If worst comes to worst, at least I can bury it.’”
USAGOLD note: War and inflation have a tendency to do that. Of course, the urge to accumulate is not confined to Russia alone. Demand for gold among private investors in Europe is also on the rise.
This entry was posted in Today’s top gold news and opinion. Bookmark the permalink.
