Same. It will be fascinating to see if the "unit" is accepted in principle with its 40% gold backing. It is planned that currencies of the trading countries will be used with settlement in the "unit" for the final fraction as I understand it. Where that would leave the price of gold and the US dollar is anyone's guess. It has to be good for one and not the other. The US is paying a big price for taking the Russian reserves.
I always enjoy RSK's entertaining speeches.
KCN Price at posting:
$1.52 Sentiment: Buy Disclosure: Held
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