IPFS News Link • Gold and Silver
Russia Not Selling Gold, It's Buying; Reflections on Extremely Sloppy Reporting
• http://globaleconomicanalysis.blogspot.com-On December 18, ZeroHedge answered his own question wrongly with Russia Has Begun Selling Its Gold, According To SocGen.
I did not believe that when I saw it yesterday, and I sure don't today after viewing a few charts from Nick at Gold Charts "R" Us.
Russia Gold Reserves Up 600,000 Ounces for November
In US dollar terms, Russia's gold reserves are worth about $0.4 billion less.
Russia Gold Reserves in US Dollars