Russia BUYING Gold! – CoinTalk
The metal is also seen as a safe-haven at times of financial market turbulence and economic crisis — a status which has helped send the price of gold XAU= to record highs this year. …. Also the time between discovery and production takes many months and is very expensive in start up costs. Much red tape involved too. If so shouldn’t we feel safe in believing the POG will not go down(crash) even if some country dumps their gold or the dollar makes a comeback? …
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