As Tensions Mount in Ukraine, So Does Russia's Gold Reserves

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#1 Sat, Jul 19, 2014 - 1:10pm
Smaulgld
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As Tensions Mount in Ukraine, So Does Russia's Gold Reserves

Russia adds another 500,000 oz. of gold to its reserves in June after adding 300,000 ounces in May.

Russia is at the center of an accelerating "de-dollarization" campaign as part of the BRICS alliance.

Recently, Russian President Vladimir Putin said that United States sanctions would backfire.

It seem as the tensions rise in Ukraine, so do Russia's gold purchases.


Click for Chart of Russian Gold Reserves.

Edited by: Smaulgld on Nov 8, 2014 - 5:30am
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