Re: Oh shit! Putin buys gold, bad for everyone (except bitcoiners!)

Quote from: DGulari on November 20, 2014, 07:59:42 PM

Putin is buying gold. http://finance.yahoo.com/news/why-putin-buying-much-gold-210532064.html

The only way gold goes up, is war. Putin is uniquely positioned for starting a war, realizing huge gold profits.

The cool thing is, bitcoin will also rise up big time in a war scenario. So everyone should hodl.

they are buying gold to back their currency with gold to compete with usd reserve currency (actually to probably hasten it's collapse).