“According to the World Gold Council, Russia has more than doubled its gold reserves in the past five years. Putin has taken advantage of the financial crisis to build the world’s fifth-biggest gold pile in a handful of years, and is buying about half a billion dollars’ worth every month. It emerged last month that financial gurus George Soros and John Paulson had also increased their bullion exposure, but it’s Putin that’s really caught my eye. Putin’s moves may matter to your finances, because there are two ways to look at gold.”

http://www.marketwatch.com/story/why-is-putin-stockpiling-gold-2012-09-05

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