“When you look at what Russia’s doing… The US dollar is very weak here. Wouldn’t you much rather have your money in gold? Why would you have it in US dollars when the dollar continues to weaken? And looks like it’s threatening to go much weaker? So, I can understand the logic of it.
I can understand these other countries (China, Turkey) that are adding to their gold supplies. It seems to make sense in the foreign exchange world we live in. So, good for them, and I hope other countries come into the fold, because it seems like the logical thing to do.”
- Source, Sprott Money
