RUSSIAN CENTRAL BANK GOLD RESERVES TOP 1900 TONS - Now 5th Largest Soverign Holder

Well, 5th Largest if you believe China only holds the 1,842.61 tonnes they officially report...lol

Sources

And what's most interesting from Smaulgld's update is that Russia is hoarding an ever increasing percentage of their internal gold mining output. This would indicate to me that they want to add to their stack faster than they normally could or they think that maybe they are running out of time to amass it while its on sale...

And Russia hold the 5th largest stockpile if you believe the US still holds the 8,144.50 tonnes they claim and haven't been audited in 70 years...lol, I'll believe it when an independent 3rd party auditor says its there. Same goes for Italy, Germany and France. How do we know this all hasn't been "leased" into the market. Its not really there if they can't buy it back during a crisis and they all would not be able to, especially at one time.

I am Lord @matthewwarn and I have Stackitis...but there are worse problems to have in life...like not buying Gold and Silver when its on sale before the next banking crisis.

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