Double Down: Vladimir’s Putin Billions Into Gold In Anticipation of Global Upheaval

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Jay

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In the last seven months alone the People’s Republic of China has added more gold to their reserves – over 500 tons – than the entire holdings of the European Central Bank. They aren’t alone.

Russia’s President Vladimir Putin has been aggresively investing into the precious metal over the last five years – spending some $500 million monthly as he diversifies his country’s assets out of Dollars and Euros. Currently, 9% of Russia’s reserves are held in gold.

http://www.shtfplan.com/precious-me...d-in-anticipation-of-global-upheaval_09102012
 
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