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Close Call For US Banks
The Russians "Get It!"

Ed Steer writes a daily commentary for Casey Research which I subscribe to. Yesterday, Ed had this interesting comment:

"Before I get into my gold stories for the day, I received an e-mail from someone by the name of Dimitry the other day... and this is what he had to report... "I just came from a trip to Russia and I was surprised how one can buy and sell any type [!] of world gold or silver coins at the major quasi-government Sber Bank. Prices of precious metals are clearly posted and regularly updated. Bullion and commemorative gold and silver coins readily available on display along with gold and silver bars up to 1 kg of Au. "Metallic" bank accounts are available and heavy promoted on window posters. Price check: 7.7 gram Russian gold coin was selling at the bank for 10,400 rubles [US$335]." Dimitry sent along four photos... and here they are."