"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Crazy Ivan's Gold Stash Could Threaten Uncle Scam's Currency Racket
Submitted by A. Magnus on Wed, 2015-06-17 00:00
"While its economy suffered, Russia continued aggressively adding to its gold reserves. It's estimated Russia bought more than double the gold in 2014 than it did the previous year: 156 tonnes versus 77 tonnes. What's behind Russia's insatiable thirst for the yellow metal? And what does it mean for the rest of us? Russia's motives and accumulating gold stash could have a devastating effect on the U.S. dollar."
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