Friday, July 30, 2010 
Russian Gold Reserve Talks
Why not? Money is a good thing to have in these twisted times. Even Richard Nixon is hungry for it. Only a few days before the Derby he said, “If I had any money I’d invest it in the stock market.” And the market, meanwhile, continued its grim slide.
-Hunter S. Thompson
The Kentucky Derby is Decadent and Depraved
In Russia, talks of the reserve currency–gold–lurk in the background. Talks are focused on worldwide reserves in the wake of last week’s talks of the IMF buying more physical gold. Russian central banker Ulyukayev commented that Russia would increase the proportion of gold in it’s reserves. Records show that gold makes up 5.3% of Russia’s reserves, up from 4.3% seen back in late November.
Higher and Higher, Baby
More on this topic
(What's this?)
One of the Most Bullish Indicators on Gold I’ve Seen
(Red Hot Energy and Gold - Global..., 6/7/10)
Gold Tumbles Amidst Lessened Economic Concerns
(Learn Mining News, 7/28/10)
Gold Shows Signs For Bullish Optimism
(Investment Guide|Precious Metal ..., 2/12/10)
