GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Saturday, January 10, 2015

The Collapse of Oil Prices and the Russian Ruble

The Russian ruble continues to plummet, despite the central bank's latest move to defend the currency. Overnight, interest rates here hiked to 17%. At first that brought some relief - but then the ruble quickly lost those early gains.

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