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1 posted on 10/19/2018 5:45:42 AM PDT by ZeroToHero
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To: ZeroToHero

Who’d they get rid of it to?


2 posted on 10/19/2018 5:48:28 AM PDT by umgud
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To: ZeroToHero

Russia is one of a few countries that maintain a foreign account surplus...and they’ve been stacking gold for a long time.


4 posted on 10/19/2018 6:02:13 AM PDT by mac_truck (aide toi et dieu t'aidera)
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To: ZeroToHero

I have a suspicion that the U.S. doesn’t have much gold in store, but nobody will admit it due to the negative impact on markets.


5 posted on 10/19/2018 6:16:35 AM PDT by G Larry (There is no great virtue in bargaining with the Devil)
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To: ZeroToHero

I’m curious if anyone’s floated the idea of bringing back the gold standard to POTUS?


6 posted on 10/19/2018 6:24:07 AM PDT by rarestia (Repeal the 17th Amendment and ratify Article the First to give the power back to the people!)
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To: ZeroToHero

They sold it to themselves. Out of government FX reserves, and into personal accounts of Putin and Pals in Switzerland.


7 posted on 10/19/2018 6:25:16 AM PDT by babble-on
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To: ZeroToHero

Russians aren’t stupid. In a rising interest rate environment T bonds get hurt badly. There is little doubt that they are selling at a loss as it is.


10 posted on 10/19/2018 6:36:47 AM PDT by jdsteel (Americans are Dreamers too!!)
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To: ZeroToHero

Why is the question. Was it for economical protection or maybe war preparation?


11 posted on 10/19/2018 6:46:51 AM PDT by Retvet (Retvet)
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To: ZeroToHero

Wrong the biggest holders of American debt are Americans.


12 posted on 10/19/2018 6:56:58 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight yourr way back to the rifle you should never have dropped)
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