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Thursday, September 06, 2012

Why is Putin stockpiling gold? - MarketWatch

Why is Putin stockpiling gold? - MarketWatch

 According to the World Gold Council, Russia has more than doubled its gold reserves in the past five years. Putin has taken advantage of the financial crisis to build the world’s fifth-biggest gold pile in a handful of years, and is buying about half a billion dollars’ worth every month.

The Author is a moron, but the premise is Just, Russia is stocking up.

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