Total corporate debt in Russia at $550B (The Economist). More than $400B national reserves. #Bailout http://www.rferl.org/content/putin-russia-looking-ahead-to-2015/26769244.html … Via @CoalsonR
@burgherreview @CoalsonR If CBR start selling off the gold the price of gold will collapse. That might be why.
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@andersostlund I would assume that gold has some mystical value to Putin personally, but that does not change the outcome.@CoalsonR -
@burgherreview
@CoalsonR I read it is related to some rule about selling gold mined in Russia. That only Russian banks can buy it. Not sure.
End of conversation
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