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Personal Finances Saving during Financial Crisis

Pakhomov S.B. Head of Committee for State Loans of Moscow City

Kovalenko A.V. Vice General Director of Specialised State Unitary Enterprise «Mosfinagentstvo», General Director CJSC «Garant-M»

Journal: National Interests: Priorities and Security, #11, 2009

Informational Centre of the Moscow Administration hosted a pres-conference on an urgent topic: how can the Russians avoid losing the personal savings during the financial crisis? Among the participants were Pakhomov Sergey Borisovich, Head of the Committee for State Loans of Moscow City, and Kovalenko Andrey Vladimirovich, Vice General Director of Specialised State Unitary Enterprise «Mosfinagentstvo», General Director CJSC «Garant-M». They answered numerous questions of the journalists.


On the return of gold to the financial system: Trends and driving forces

Borisovich V.T. Russian State Geological Prospecting University (MGPI-RSGPU), Moscow, Russian Federation ( vitaly.bor37@gmail.com )

Zaernyuk V.M. Russian State Geological Prospecting University (MGPI-RSGPU), Moscow, Russian Federation ( zvm4651@mail.ru )

Journal: Financial Analytics: Science and Experience, #3, 2018

Subject This article discusses the role of gold in the conditions of economic instability in financial markets.
Objectives The article aims to consider the possibility of gold return to the financial system on the basis of the analysis of trends and driving forces in the domestic and global gold markets.
Methods The study uses the methods of economic analysis, systems, logical, and integrated approaches.
Conclusions The interest in gold not as an investment object only is growing all over the world. Gold is gradually beginning to regain the status of a monetary metal. Instead of selling, Central Banks have started buying gold. This tendency has been being observed since 2010 till nowadays. It is supposed to keep on going in 2018. The world financial system based on the USD hegemony is coming to an end. Changes are coming, including organization of the internal gold and currency circulation.


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