Russia buys much gold in November 2016

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Horia
Russia buys much gold in November 2016

http://preview.tinyurl.com/hyhzygy

Russia bought 1Moz (million oz) or cca 34 tonnes
in November 2016.

It might be also a hedge, replacing bond holdings.

Russia's central bank views gold as a very attractive
asset and will continue to buy large amounts.

Russia's thinks there may be a very BRIGHT FUTURE
in owning gold.

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