[tcrlaf]

“When this one crashes, there will be blood on the floor.”

The Russians have bought 65 TONS of Gold so far in 2014. And not paper gold rehypothecationd a dozen times, but physical gold deliveries.
Likely, there is a real reason for that.

The Chinese? Who knows, given the gold buying scandal over there.

[SkyPilot]

You're absolutely right. Russia, huge gold purchases (and production). China has surpassed India as the largest consumers of gold, and in addition to their own production, Forbes estimates they have been buying over 1,100 tons per year for the last several years. Real gold, like you said, not the piece of paper IOUs. Personally, I think the Fed sold them our gold to fund this Quantitative Easing madness. All er have to show for it is a massive increase in entitlement spending by Washington, and an over inflated stock bubble

[SVTCobra03]

I will continue to invest in gold, silver, lead, copper and brass.