Inte nog med att det plockade ut sitt guld från ponzi schemet (‘förvaringen’ hos västerländska centralbanker) i fysisk form 2005 (samtidigt som priset exploderade), Ryssland fortsätter att köpa fysiskt guld och tar leverans på det, något som hotar hela banksystemets krig mot guld.
The Russian central bank officially increased its gold holdings by 16.8 tonnes to 1,094.8 tonnes in June, the IMF’s International Financial Statistics report showed. In ounce terms, Russia increased its gold holdings by some 500,000 ounces
in August 2005, Andrey Bykov, an economics adviser to the Russian president, Vladimir Putin, attended GATA’s international conference in Dawson City, Yukon Territory, at which the gold carry trade was a primary subject. We can’t prove it but we suspect that it was at this point that the Russians understood that most of their central bank’s gold had been deposited in London and leased out as part of the gold price suppression scheme, which served to suppress commodity prices generally and cheat commodity countries like Russia:
In any case immediately after GATA’s conference in Dawson City, President Putin announced that the Bank of Russia would be adding to its gold reserves and buying gold on all markets, and gold’s ascent quickened dramatically. We doubt that this was a coincidence.