Oil prices have fallen, but prices for another useful mineral have risen...
Political scientist and political technologist Jurgis Liepnieks shared his observations on social media regarding the expected financial success of Russia in export markets - despite the falling oil prices.
"While we are all rejoicing over the drop in the price of Russian oil, due to the rise in the price of gold (about +75% over the last 12 months), the value of Russia's gold reserves has increased by $216 billion + Russia also mines gold. This amount is approaching all the Russian money arrested in the West. Of course, the sale of Russian gold is under sanctions, but considering the demand in the markets, for example, the speed at which China is buying gold, buyers will find a discount. And while Trump is in power, there is very little reason to believe that the price of gold can stop."
