Bitcoin Forum

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

but it good for chinese dama ::)

don't expect Putin will buy bitcoins, even though he buy it will not be publish to out

It would be funny if he bid in FBI auction.

lol they're so damn ignorant propping up their currency with gold LMAO! :P

I don't think he fully understands bitcoin technology and it is the reason the Russia is banning any bitcoin related activities. The funny thing is that Putin as a president is openly buying gold, does it mean he has no confidence of Rupee's future.

To be fair, there is no fiat currency worth being long on, not just Rupee's.

Meanwhile - Dutch move 122 tons of gold out of US.

AMSTERDAM (AP) " The Dutch Central Bank says it has recently shipped 122.5 tons of gold worth around 4 billion euros ($5 billion) from safekeeping in New York back to its headquarters in Amsterdam.

bit.ly/122Tons2NL

Glad im not stuck in russia that country seems like a total political shit hole, feel sorry for the people.

Given the attitude towards homosexuals they have their and how religious they are ( The Daily Show rightly pointed out they were basically the same as Republicans ) I wouldn't feel too sorry for them, the more open minded and free thinking ones have probably already left or are leaving the country, just like with China.

It is quite amazing what fruit significant brainwashing brings, it is really analogues to North Korea hating on the U.S. and believing that they are far more advanced.

Obama murders and imprisons people unconstitutionally without giving them the ability to defend themselves in a court but ohh nooo Putin doesn't let homos tell little kids about how to take it up the ass (protip: kids shouldn't be exposed to such information at an early age).

Just to clarify I am not claiming that Putin is a saint or that Russia is great but the U.S. is a big dump in comparison to either China or Russia. It's funny how countries that once were socialist are now capitalistic while the U.S. is becoming more socialist by the day.

If you want to feel sorry for someone feel sorry for your fellow arrogant Americans.

Do you seriously belieave that ? War between who and who exactly lol :o nothing will happen.

And we know how honest and reliable The Daily Show is. This one show I saw said the the democrat party was basically the same as racist, fascist, control freak authoritarian statists who hated the poor and loved big business (bringing in 5-10 million new workers to help big business by keeping wages down)..   :o

Putin buying gold is good for everyone.

How are Rubles tied to Rupees? I know Russia exports a bunch of military gear to India, but is the link really that significant?

germany should do the same...100% back.

Well more gold for Russia
Means more balance in the world  ;D
That said I guess its good to have a nice large reserve.

Yeah, how awesome! war. We will be finally richonaires with our gold and bitcoin, in a shitty destroyed world!

Rupees are India. Rubles are Russia!

This "news" is so old you are only about five years late to the party.

Germany already tried. NYFed says they need 7 years to deliver!

The Ukrainians might have a different view.  They are getting the shit blown out of them right now with Russian missiles.

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

wow that is amazing they actually got that much gold from the usa.
maybe buying all those tbonds recently dumped by russia was part of the deal to get the gold.

Why you need war that Gold goes up? You need just financial crisis.

Rub lost a lot this year he should buy Gold last year.