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The US is reportedly considering a bold move to confiscate over 4,550 metric tonnes of gold, valued at $300 billion, from Russia to aid Ukraine in its war effort. This unprecedented step, involving a large sum of current fiat US dollar buying power, has raised legal and economic concerns, with potential repercussions including lawsuits and retaliatory measures from Russia.
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The US is reportedly considering a bold move to confiscate over 4,550 metric tonnes of gold, valued at $300 billion, from Russia to aid Ukraine in its war effort. This unprecedented step, involving a large sum of current fiat US dollar buying power, has raised legal and economic concerns, with potential repercussions including lawsuits and retaliatory measures from Russia.
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