Article Image

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 


thelibertyadvisor.com/declare