[FReepaholic]

I just don't understand why Russia and these other countries (India and another one I don't recall) are buyers of gold when it's the highest it's ever been.

Are they being smart or dumb or what?

[FromLori]

My opinion they know the economy is going to crash from all the printing he who has the gold has the power.

http://www.marketoracle.co.uk/Article15355.html

[Pelham]

It’s herd behavior. Even sophisticated investors can get caught up in it. That’s a large part of what created our current financial crisis.