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25 tons? JPM can sell alot more than that in less than a minute!

Posted by Buygold @ 14:15 on July 22, 2015  

Russians Buy Gold Again In June – Another 25 Tonnes

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Russians Buy Gold Again In June – Another 25 Tonnes

– Russia adds another 800,000 ounces or 25 tonnes to gold reserves in June
– Russia’s has sixth largest gold reserves in the world
– Allocates 13% of FX reserves to gold
– Central bank buys all Russian gold production
– Other Russian gold demand imported
– If billionaire oligarchs diversify into gold, prices will rise sharply
– Russia views gold bullion as “100% guarantee from legal and political risks”

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.