‘Magic Wand’: Russia Buying Gold at Record Pace, Unlikely to Lose Momentum

‘Magic Wand’: Russia Buying Gold at Record Pace, Unlikely to Lose Momentum

Russia has been expanding its gold reserves at a record pace, according to information from the World Gold Council (WGC). Russian business newspaper Kommersant suggests this gold rush will give Russia guarantees against sanctions and economic and geopolitical risks. In the third quarter of 2017, the Central Bank of Russia bought 63 tons of the precious metal, bringing…

On the Brink of War – Muhammd Bin-Salman’s Purge in Saudi Arabia Is the Prelude to Something Bigger

On the Brink of War – Muhammd Bin-Salman’s Purge in Saudi Arabia Is the Prelude to Something Bigger

Our region stands on the brink of war. We should not let small details — such as the resignation of Lebanese Prime Minister Saad al-Hariri’s resignation or the detention of princes and former ministers in Saudi Arabia — divert us from the big picture and the real developments taking place behind the scenes. The really…

Erdogan Rejects ‘Moderate Islam’ as a Western Tool to Weaken Muslims

Erdogan Rejects ‘Moderate Islam’ as a Western Tool to Weaken Muslims

The idea of ‘moderate Islam’ was invented by the West and is being used to weaken the ancient religion, Turkey’s President Recep Erdogan has said in reference to Saudi Arabia’s reforms, while also lashing out at the EU’s “discrimination” of Muslims. Last month, the Crown Prince of Saudi Arabia, Mohammed bin Salman, vowed to restore…