- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- COLOMBIA : Top Pop Singer Shakira...Sued By Ex-Novio...For $100 Million.
- VENEZUELA: Growing As Hub For Drug Shipments.
- USA / SOCIAL MEDIA / GUN CULTURE: Santa Leaves Heat As Xmas Treats.
- UKRAINE : 27 April UPDATE: Barbie Doll Looking Model...Defends Appearance.
- ART / HUMOR / SPAIN : 27 August UPDATE: Clever Jokers Post Their 'Restored' Versions Of Famous Images.
- URUGUAY: Foreigners Rush To Buy Farm Land.
- GUATEMALA : Court Throws Out Rios Montt Genocide Conviction; Trial Restart Ordered.
- RUSSIA : Miss Russia Defends Pussy Riot Punkers; 4 Detained After Small Moscow Pussy Riot Protest.
- BRASIL / ITALY / GUATEMALA / USA / RUSSIA: 1 Dead, 7 Injured In Rio Fuel Tanks Fires/ Blasts; Ruby Heartstealer Admits Lying About Silvio's Sex Parties, Money; Ex-Prez Alfonso Portillo Extradited To USA For Money Laundering; Moscow Bans VKontakte By 'Mistake.'
10 February 2013
RUSSIA : President Putin Plays The Gold Bug.
President Vlad Putin believes in gold...as THE standard of protection.
He has turned Russia's black gold...oil...into the real deal.
In the past decade...Moscow has bought more gold...570 metric tons...than any other nation...including China.
Gold's price has soared by 400% since he started hoarding it.
Analysts say Putin got lucky with his bold gold strategy.
'It's kind of a defensive play but it worked...You need luck in politics and business and clearly the guy has it.'
But...other nations are unloading gold.
Yet...Russia is still not the world's top gold hoarder.
It ranks 8th...with 958 tons.
With at least 5 years left in his term as president...Putin plans to keep buying.