Russia signed contracts to purchase 70 tons of gold!

http://www.russiajournal.com/start/business/article.cgi?ind=2202

-- bardou (bardou@balonneyy.xcom), January 31, 2000

Answers

Russia is not dumb at all, taking all that IMF money and transforming it into gold.

-- Notforlong (Fsur@aol.com), January 31, 2000.

Russia is also one of the world's largest supplier of armaments and weapons systems to customers like China, Iraq, Iran, Libya, Algeria, Syria, Cuba etc.

I don't doubt that the Russians might use their profits from defense systems to cause problems for the massive short position by western bullion dealers, mines and banks in gold. If this is part of the strategy to economically destablize the west by contributing to the gold squeeze, I would look for similar announcement by China and others, India?

-- Bill P (porterwn@one.net), January 31, 2000.

This past October I was at a conference in San Diego where I spoke privately to a guy who used to be high up at the Treasury and the head of the Bureau of Printing and Engraving. He says we send a planeload of crisp $100 bills over to Russia DAILY! A BIG PLANE! Some sort of bribe. They must be using these to buy the gold.

-- dave (champeaudavid@yahoo.com), January 31, 2000.

bardou,
The article is posted on this thread RUSSIA: Contracts signed for 70 tons of gold buys

Andy still hasn't been here yet, I expect an interesting response when he hears the news.(grin)

-- Possible Impact (posim@hotmail.com), January 31, 2000.