Russia Warns Citizens: Steer Clear of Western Countries
PatriotR Daily News 12/18/24
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FINANCIAL INSIGHTS
Russia Warns Citizens: Steer Clear of Western Countries
Russia has issued a warning to its citizens, advising them to avoid travel to the United States, Canada, and most EU countries due to increasing tensions with the West. The Russian Foreign Ministry claims citizens risk being “hunted” by U.S. authorities amidst worsening relations, which are described as the most confrontational since the 1962 Cuban Missile Crisis.
Moscow accuses Washington of escalating tensions over the Ukraine war and has pointed to wrongful imprisonment and harassment of Russians abroad. Both countries have detained citizens from the other side, with ongoing discussions about potential prisoner swaps. Russia also criticized the U.S. administration for escalating tensions ahead of Donald Trump’s inauguration, warning of the risks of a broader conflict.
The Kremlin maintains that Western support for Ukraine is a proxy war to weaken Russia, while the U.S. insists its actions defend American and allied interests. Read more.
BULLION INSIGHTS
Trump Tariffs Could Spark Global Trade War — Gold and Silver Poised to Shine
Donald Trump’s renewed tariff threats against Canada, Mexico, China, and the BRICS nations could ignite a global trade war, driving economic uncertainty, inflation, and supply chain disruptions. Trump’s strategy mirrors his previous administration, using tariffs as leverage to renegotiate trade deals like USMCA and Phase 2 with China. His escalation to 100% tariffs on BRICS countries, if they pursue a new currency system, highlights a significant challenge to the U.S. dollar’s dominance. Tariffs raise consumer prices, trigger retaliatory measures, and disrupt global trade, fueling inflation and volatility. Amidst this instability, gold and silver are poised to benefit as safe-haven assets, with central banks—especially in BRICS nations—already increasing gold reserves to hedge against sanctions and trade disruptions. In this climate of uncertainty, gold and silver offer stability, making them increasingly attractive investments. Read more.
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