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Pre war preparation?
At least financial war- its Russia's retaliation for the west's sanctions. I'm sure the thinking is "why own US Treasuries when they are trying to isolate us?"
would guess that Russian trade in dollars is down as well.
Yes and their trade in Yuan up. Soon their drachma trade will be up too
http://money.cnn.com/2015/06/19/news/greece-russia-gas-deal/index.html?iid=Lead
100,00 ouces of gold ? Wow.
That's worth almost as much as that Jurassic World made in it's first day.and a half.
The reason Russia is selling gold is that they have run out of storage space and have to clear inventory.
100,00 ouces of gold ? Wow.
That's worth almost as much as that Jurassic World made in it's first day.and a half.
That's $120 million. Jurassic World made almost 5 times as much the first weekend.
What's the big deal, Smaugld?
hehehe
Your local Rose Colored Glasses at work....
Russia Adds 100,000 oz of Gold To Reserves
The reason Russia is selling gold is
The amount Russia buys is dwarved by the amount China acquires for its own account and the amounts delivered on the Shanghai Gold Exchange each week
http://patrick.net/misc/Shanghai+Gold+Exchange+Delivers+46+Tons+of+Gold+in+Week+ended+6-12
https://smaulgld.com/russia-adds-100000-ounces-of-gold-to-its-reserves-in-may/
#investing