Russia adds more than 1,000,000 ounces of gold (physical gold, not paper gold) to country's vast stockpile. 26 Mar, 2019 Excerpts:
”Over the first two months of the current year the regulator purchased 1.2 million ounces, or 37 tons of the precious metal, with the monetary value of gold reserves jumping 5.5 percent.”
”Russia’s central bank has been actively buying gold since 2014, when the US and the European Union introduced their first economic sanctions against the country.”
”Moreover, the country started unprecedented dumping of US Treasuries nearly a year ago after political tensions between Moscow and Washington significantly intensified."
”The massive $81 billion sell-off came amid US sanctions targeting Russian businessmen, companies and government officials.”
