Showing posts with label china is buying gold. Show all posts
Showing posts with label china is buying gold. Show all posts

Russia Warns of Currency Wars

"Russia warns of Currency Wars. Of course, the Russians are ready. Their gold-to-GDP ratio is greater than China's and the same as the United States."

"While the world slept, Russia bought 300 tons of gold in the last four years, in small increments, about 7 tons per month."


- Jim Rickards via his twitter feed, follow him on twitter here: