Since yesterday was the 20th of the month and it fell on a week day, the Central Bank of the Russian Federation updated its Internet site with February’s data. That data showed that they purchased another 200,000 ounces of gold for their official reserves, and here is Nick Laird’s most excellent chart showing the change. Officially reported Russian gold reserves are now 31.4 million troy ounces.
Read the complete article at Jim Sinclair’s Mineset here.
Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.