{"id":1163,"date":"2015-04-22T00:17:30","date_gmt":"2015-04-21T13:17:30","guid":{"rendered":"http:\/\/www.australian-gold.com\/blog\/?p=1163"},"modified":"2015-04-22T00:17:30","modified_gmt":"2015-04-21T13:17:30","slug":"the-russian-one-million-ounce-gold-purchase-in-march-2015","status":"publish","type":"post","link":"https:\/\/www.australian-gold.com\/blog\/the-russian-one-million-ounce-gold-purchase-in-march-2015\/","title":{"rendered":"The Russian one million ounce gold purchase in March 2015"},"content":{"rendered":"<p><strong>Currency Wars Back As Russia Buys Gold &#8211; One Million Ounces in March Alone<\/strong><br \/>\n&#8211; Russia buys one million ounces and increases gold reserves by another 2.6% in March<br \/>\n&#8211; Russia sees gold as important monetary and strategic asset in stealth currency wars<br \/>\n&#8211; Large purchase by Russia who normally buy some 300,000 ounces<br \/>\n&#8211; Russian gold reserves, at nearly 40 million ounces, are now fifth largest in the world<br \/>\n&#8211; Russia likely coordinating gold reserve accumulation with Ex Soviet States<br \/>\n&#8211; Concerns re euro and of crisis in erstwhile reserve currency, the dollar<br \/>\n&#8211; Gold remains central to international monetary system<br \/>\n&#8211; Central banks continue to accumulate large volumes<\/p>\n<p>Since 2005, Russia\u2019s gold reserves have increased three-fold. As a comparison, in the second quarter of 2009, Russia only had 550 tonnes of gold in its official reserves meaning that their reserves have doubled in recent years.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.australian-gold.com\/assets\/images\/gold-reserves-by-country-2015.png\" alt=\"Gold reserves by country\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Currency Wars Back As Russia Buys Gold &#8211; One Million Ounces in March Alone &#8211; Russia buys one million ounces and increases gold reserves by another 2.6% in March &#8211; Russia sees gold as important monetary and strategic asset in stealth currency wars &#8211; Large purchase by Russia who normally buy some 300,000 ounces &#8211; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1163","post","type-post","status-publish","format-standard","hentry","category-gold-blog"],"_links":{"self":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/1163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/comments?post=1163"}],"version-history":[{"count":0,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/1163\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/media?parent=1163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/categories?post=1163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/tags?post=1163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}