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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 444.95-10.3%Jan 30 4:00 PM EST
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To: clochard who wrote (109299)12/29/2014 9:50:09 AM
From: Metacomet1 Recommendation

Recommended By
Elroy Jetson

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...maybe not




Russia's giant gold reserves have done nothing to protect Russian savers from the collapse of the Ruble...

RUSSIA has been the world's biggest central-bank buyer of gold in 2014, taking its national holdings into the top five worldwide, writes Adrian Ash at BullionVault in a story first published at Forbes.

But Russia's huge central-bank gold demand has done nothing to stop its currency and economy crashing, an awkward truth for hard-money fans in the West who think central-bank buying always signals strength and vigor.

bullionvault.com
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