Putin Leads Russia To Amass Gold Hoard
Since the days of Lord Novgorod, the great merchant city, the Russian lands were adorned with many a gleaming Golden Horde, though that term became far more sinister when it referred to the Mongol Empire that devasted Rus’, rather than that which filled the treasury. Now a Golden Horde has returned to Russia, but this time in the form precious metal, and just as she has eclipsed her ancient Eastern Foe, the Mongol Empire, now Russia’s gold reserves have waxed greater than her oriental ally China. Bloomberg reports: Russia has overtaken China as the fifth-biggest sovereign holder of gold, allowing it to diversify its foreign … Continue reading →
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