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News Link • Gold and Silver

Russia Buys 300,000 Ounces of Gold in March - Nears 2,000 Tons in Reserves


Since 2006 Russia has more than quadrupled its gold reserves from a measly 400 tonnes and just keeps buying more and more every month

Russia now holds just over 1,890 tonnes, more than officially reported by China at 1,842t

Both  Russia and China have the power to destabilise US dollar by dumping dollar-denominated assets

Turkey has removed all gold held in the U.S. opting for Bank of England and BIS 

Turkey follows trend set by both Germany, Netherlands and others to remove gold reserves stored in the United States.

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