Perhaps they sense a widespread manipulation leading to a crash on price us afoot. On Thu, Apr 2, 2020, 12:57 AM Zenaan Harkness <zen@freedbms.net> wrote:
In a most interesting turn of events:
Why Did Russia Just Halt Domestic Gold Purchases?
https://www.zerohedge.com/commodities/why-did-russia-just-halt-domestic-gold...
.. "Since April 1, 2020, the Bank of Russia has suspended the purchase of gold in the domestic precious metals market.
.. This would have a manifold benefit by helping enable increased ownership of physical precious metals around the world, and potentially supporting the case for more de-dollarization.
.. Given the huge physical premiums in precious metals (and a plunge in crude profits for the nation), it would make sense to enable producers to sell into global markets at a sizable profit
What will [current Russian gold reserves of] $120 billion (at current prices) be worth when the dollar dies?
Interesting times...