Are they buying from gold dealers or directly from the gold miners, I wonder?
I should say countries, in general...how do they buy so much physical gold at one time...straight outta the mine and process it at home, or do they use a middle man the gold dealers?
I think Russia has been doing this for a while. I can't remember where I read it but they don't like the "Petrodollar" and want the petroleum off of the dollar... same goes true for China. In a way it is a financial war they are waging on the US... and we just keep borrowing more where our currency is decreasing in value. Found one of the articles...