Washington’s ‘trigger-happy’ sanctions may push countries away from the dollar, says think tank

CNBC/Abigail Ng/3-22-2022

graphic image of gold and silver stored in vault“‘Central banks are beginning to ask questions,’ said Gal Luft of the Washington-based think tank, adding that they are wondering if reliance on the dollar and ‘putting all their eggs in one basket’ is a smart idea.”

USAGOLD note: The Institute for the Analysis of Global Security joins a growing list of skeptics on the advisability and effectiveness of “sanctions and other economic punishments. One might suspect a further boost to the already growing market for gold among central banks and governments.

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