Gold remains an important asset to central banks, despite them having the power of the printing press. They have been collecting at different rates. It seems that this one particular country has been buying up more gold than even China!
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Sources Used in This Video:
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Food-2002.pdf
http://pricedingold.com/charts/Food-2002.pdf
The Authority on Gold | World Gold Council
https://www.gold.org/
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Why do you think Russia is increasing their gold reserves? Is this part of the CURRENCY WAR?
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It certainly would look that way, with their other attempts to move away from the dollar.
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Russian, China, Iran and a few others are looking to back their currencies with gold. They plan to drop the petrol dollar, not sure if they are going to go all the way or not. I fear if they do it will mean a real war.
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