SideNote: Who needs a fancy tech chart (charts painted/controlled by naked shorting) to tell us that Precious Metals is in a bull market. All we have to do is keep our eyes focused on the hands of the central banks, and not on what the talking heads say (the smoke screen). And they have been busy HOARDING Gold hand-over-fist the past 8 years. That is the best indicator to tell us we are in the middle of a 'Gold Rush'; And the bullion banks (naked shorting PMs) from the U.S. are giving us REAL MONEY at bargin prices.

(((((( GOT SILVER )))))) (((((( KEEP STACKING )))))) GRIM

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Gold-buying spree makes of Russia the world's largest consumer

Central Bank of Russia, Neglinnaya Street, Moscow.

Russia’s central bank is now the world’s top gold buyer after adding 356,000 ounces of the precious metals to its reserves in February, data from the International Monetary Fund (IMF) quoted by local paper Vedomosti (in Russian) shows.

According to the report, the country — which has been hoarding bullion as of late — increased its foreign reserves last week by another $5.8 billion to $387 billion.

http://www.mining.com/gold-buying-spree-makes-of-russia-the-worlds-largest-consumer/