"For us (Russia and China) it is important to deposit those (gold and currency reserves) in a rational and secure way," Putin said. "And we together need to think of how to do that keeping in mind the uneasy situation in the global economy."
Putin also said China and Russia will consider further steps to shift to the use of national currencies in bilateral transactions. (via Reuters, 24 May 2014)
and
“You have to choose between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the Government. And, with due respect for these gentlemen, I advise you, as long as the Capitalist system lasts, to vote for gold”. (George Bernard Shaw)
Looks like Russia and China are running out of ‘trust’ in the USA & USD…
