Thursday, September 6, 2012

Russia Stockpiling Gold

Sourced from: Jesse's Cafe Americain

By Brett Arends

I can’t imagine it means anything cheerful that Vladimir Putin, the Russian czar, is stockpiling gold as fast as he can get his hands on it.

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.     LINK...
President Putin, a former KGB officer knows something bad is coming and he's getting prepared. Sounds like good advice.   BK