The Russian oil-gold-rouble triangle

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Potemkin

Potemkin

Predaceous Stink Bug
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The Russian crisis is hurting the rouble, but they're dumping dollars now to buy gold. Very interesting developments:

http://www.primevalues.org/market-watch/russia-gold-oil-developments.htm

What will happen in 2015?

Will the Russians take revenge on what the West is doing to them?

Quite possible...

For now, they're selling dollars, buying gold, but what I think is: they're selling dollars exactly to buy gold!

Isn't that what stackers are doing too?

Watch the events unfold, I think something big is about to happen next year.

Perhaps gold will start moving up?

:popcorn:
 
Well if they are able to manipulate the prices of PM's as well as many think, and they want to keep Putin in a hurt bag, then they will try to keep it from going too high, as best they can. Of course if/when the curtain gets pulled back and the whole thing comes crashing down, it won't much matter anyway IMO.
 
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