by Steve Brown, The Duran:
A subject you won’t hear much about – or anything about — in the western media, is about Ukraine’s gold. Since fiat and its derivatives rule the day, the popular belief is that gold is mainly a ‘quaint artifact’ of the past and plays no role in geopolitics. The foregoing is of course a totally incorrect CNBC-type take, as most popular beliefs are, so it’s no surprise that no mainstream commentator will address the subject of Ukraine gold. But gold is still a primary source for financial collateral among sovereigns. To put that another way, gold reserves may be a major contention between belligerents when those reserves are substantial and at stake.