Plays into the coming Central Bank Digital Currencies.
They have to be backed by Commodities and Germany knows this as does Russia.
Meaning being self reliant is going to be major to prop up the CBDCs.
Wonder why countries have been repatriating gold etc?
This is why.
Atlantic Council tracker https://www.atlanticcouncil.org/cbdctracker/
Most of them are seeking to back their CBDC with Cash. The smart ones will back with multiple reserves ( physical & otherwise from fuel to energy to other reserve capital )
Plays into the coming Central Bank Digital Currencies.
They have to be backed by Commodities and Germany knows this as does Russia.
Meaning being self reliant is going to be major to prop up the CBDCs.
Wonder why countries have been repatriating gold etc?
This is why.