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Thread: Russia Dumps 20% Of Its Treasury Holdings As Mystery "Belgium" Buyer Adds Another Who

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    Re: Russia Dumps 20% Of Its Treasury Holdings As Mystery "Belgium" Buyer Adds Another

    Russia and China ‘Furiously’ Buying Up Gold As “a Global Currency Crisis – Albeit Unstated – is Underway”

    Mac Slavo
    January 20th, 2015

    Russia and China 'Furiously' Buying Up Gold As "a Global Currency Crisis – Albeit Unstated – is Underway"

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    Re: Russia Dumps 20% Of Its Treasury Holdings As Mystery "Belgium" Buyer Adds Another

    Currency Wars – Russia and Netherlands Central Banks Buy 30.34 Tonnes Gold In December
    By GoldCore Research / January 27, 2015

    Russia and surprisingly the Netherlands were the largest central bank buyers in December – accumulating a significant 30.34 tonnes between them as currency wars intensify.
    The Netherlands, which has the ninth-biggest gold reserves, raised its bullion holdings for the first time in 16 years. It added 9.61 tonnes to bring total gold reserves to 622.08 tonnes.

    Russia raised its gold reserves for a ninth straight month in December as the country continued its multi month gold buying spree, adding to the fifth-biggest gold holdings in the world, data from the IMF showed yesterday.

    Russia continues to dollar cost average into gold and increased its bullion holdings by another hefty 20.73 tonnes to 1,208.23 tonnes in December.

    Currency Wars – Russia and Netherlands Central Banks Buy 30.34 Tonnes Gold In December - Silver For The People

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    Re: Russia Dumps 20% Of Its Treasury Holdings As Mystery "Belgium" Buyer Adds Another

    BRICS Bank to Take Major Step Forward with Russia Backing

    4 February 2015

    The new development bank took one step closer to becoming a reality with legislation submitted to the Russian Parliament.

    BRICS Bank to Take Major Step Forward with Russia Backing | News | teleSUR

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    Re: Russia Dumps 20% Of Its Treasury Holdings As Mystery "Belgium" Buyer Adds Another

    Russia unloads 20% of its total U.S. holdings in one month

    February 21, 2015


    By Mac Slavo
    According to a report from Zero Hedge the Russians have already started unloading their dollar reserves. In the month of December alone they sold a record $22 billion in U.S. Treasurys. While this may not seem like a big number, it is over 20% of their total US dollar holdings.

    https://www.intellihub.com/russia-un...ngs-one-month/

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    Re: Russia Dumps 20% Of Its Treasury Holdings As Mystery "Belgium" Buyer Adds Another

    Quote Originally Posted by katsung47 View Post
    Russia unloads 20% of its total U.S. holdings in one month

    February 21, 2015


    By Mac Slavo
    According to a report from Zero Hedge the Russians have already started unloading their dollar reserves. In the month of December alone they sold a record $22 billion in U.S. Treasurys. While this may not seem like a big number, it is over 20% of their total US dollar holdings.

    https://www.intellihub.com/russia-un...ngs-one-month/
    You do realise that selling a commodity at that rate would severely reduce the value of that commodity? The fact that the dollar has not fallen in the world currency markets suggests that the report is false - unless you're also suggesting that the US is buying back its treasury bonds from its foreign currency reserves?

    So I looked at the source of the report and found that there's little or no control over the content - anyone can post what they like :-

    Intellihub News is a one of a kind open source agency that allows any person, of any perspective, to become a part of the conversation by contributing their own ideas and becoming part of the media themselves
    So I looked at the source that the source quoted and found that it specialises in anonymous reportage :-

    our method: pseudonymous speech...

    anonymity is a shield from the tyranny of the majority. it thus exemplifies the purpose behind the bill of rights, and of the first amendment in particular: to protect unpopular individuals from retaliation-- and their ideas from suppression-- at the hand of an intolerant society.
    So you have an unverified report quoting an anonymous source of unverified data - personally, I'll trust the visible indicators rather than the rumour mill.

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    Re: Russia Dumps 20% Of Its Treasury Holdings As Mystery "Belgium" Buyer Adds Another

    Quote Originally Posted by Bryn Mawr View Post
    You do realise that selling a commodity at that rate would severely reduce the value of that commodity? The fact that the dollar has not fallen in the world currency markets suggests that the report is false - unless you're also suggesting that the US is buying back its treasury bonds from its foreign currency reserves?

    So I looked at the source of the report and found that there's little or no control over the content - anyone can post what they like :-



    So I looked at the source that the source quoted and found that it specialises in anonymous reportage :-



    So you have an unverified report quoting an anonymous source of unverified data - personally, I'll trust the visible indicators rather than the rumour mill.
    ROFL. Sounds about right for Katsumg.

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    Re: Russia Dumps 20% Of Its Treasury Holdings As Mystery "Belgium" Buyer Adds Another

    Who's Isolated Now? Kazakhstan Authorities Announce Plans To De-Dollarize Economy


    Submitted by Tyler Durden on 03/04/2015


    Following the approval of the government, Kazakhstan's Central Bank has announced it plans to de-dollarize its economy by the end of 2016. The goal is to avoid the macroeconomic instability that the USD creates and to give priority to Tenge in trade agreements (banning price designations in foreign exchange). Coming just 2 weeks after the ratification of the $100 billion BRICS bank, and Russia's creation of a SWIFT-alternative, one wonders - as one by one foreign nations agree non-dollar trade and swap agreements - who is becoming 'isolated' now?

    Who's Isolated Now? Kazakhstan Authorities Announce Plans To De-Dollarize Economy | Zero Hedge

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    Re: Russia Dumps 20% Of Its Treasury Holdings As Mystery "Belgium" Buyer Adds Another

    Quote Originally Posted by katsung47 View Post
    Who's Isolated Now? Kazakhstan Authorities Announce Plans To De-Dollarize Economy


    Submitted by Tyler Durden on 03/04/2015


    Following the approval of the government, Kazakhstan's Central Bank has announced it plans to de-dollarize its economy by the end of 2016. The goal is to avoid the macroeconomic instability that the USD creates and to give priority to Tenge in trade agreements (banning price designations in foreign exchange). Coming just 2 weeks after the ratification of the $100 billion BRICS bank, and Russia's creation of a SWIFT-alternative, one wonders - as one by one foreign nations agree non-dollar trade and swap agreements - who is becoming 'isolated' now?

    Who's Isolated Now? Kazakhstan Authorities Announce Plans To De-Dollarize Economy | Zero Hedge
    How is it that none of these major International Economy events are ever heard of outside of your crazy blog sites?

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    Re: Russia Dumps 20% Of Its Treasury Holdings As Mystery "Belgium" Buyer Adds Another

    Quote Originally Posted by FourPart View Post
    How is it that none of these major International Economy events are ever heard of outside of your crazy blog sites?
    Kazakhstan - major - hmmm, I'll have to think about that one

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    Re: Russia Dumps 20% Of Its Treasury Holdings As Mystery "Belgium" Buyer Adds Another

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    Quote Originally Posted by FourPart View Post
    How is it that none of these major International Economy events are ever heard of outside of your crazy blog sites?
    Because US has an iron curtain to censor the news it disfavors.

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