Press "Enter" to skip to content

Buy Gold Says Russian Actions…

russian_gold
Image from Zero Hedge…

As a reminder to readers. I post occasionally about Russian gold buying. I follow many sites that follow the gold buying by China and Russia and you should be, as I have always said, “Worried…”

The western driving of gold prices down by any means, is a two sided coin. On one hand it is a short term help to the west and on the reality side, the long term side, it makes life so much better for the buyers of gold…

Russia and China buy as much gold as they can and mine as much gold as they can. Look at the graph above. Look at the dates and look at the gold buying spree, by Russia. China has a similar and much larger buy spree. China has many more dollars to use up and hence a larger amount of gold bought. They both use dollars to buy gold with and it allows them to have a way to get rid of the toxic money…

Russia and China are buying gold on the low down. They do not want this process to go mainstream and it seems that the western press is helping them, because the west does not want the truth out also. Since the west is trying to stay afloat by selling all her gold and she is flat broke…

So look to see a big jump in gold buying by countries all over the world as price goes down. No one is fooled by the games being played and gold is the only answer to a stable currency…

Good job west! Drive those gold prices down and let the world buy it cheaper, because sooner than later, it will reverse and then you are in trouble. I guess that is just more trouble on top of the tons you are already in… 🙂

Posted by Kyle Keeton
Windows to Russia…

Mission News Theme by Compete Themes.