+ + russia's gold reserves may grow by $34b + +

  1. 22,691 Posts.
    http://feeds.bignewsnetwork.com/?sid=8dc964aebb684e5f

    Note that based on a price of $440, that amounts to 2396.28 tonnes. But the world may only be producing 2550-2600 tonnes from all sources!

    A bit high, I think. Still, they do get plenty of oil and platinum money.

    At the same time production of S Africa is declining.

    Gerry
 
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