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That gold is probably being used to pay salaries for all the rebel soldiers that are making daily life miserable for everyone in eastern ukraine, and that can't be payed by russia through official channels.
The real gold that belonged to Europe (and was stored in New York safes) was leased out via Clinton's U.S. Department of Treasury in the 1990's to strengthen the U.S. dollar (by making gold look weak). This gold is now worn around the necks of women in the Middle East and is buried in the backyards of fans of Alex Jones and Ron Paul.
Now you see one of the reasons why the U.S. government wants to invade the Middle East and confiscate guns from U.S. citizens: they need this leased gold back due to international inquiry and requests, or there may be many countries abandoning the Bretton-Woods Agreement and joining Putin's BRICS banking establishment. This would have grave consequences on Ponzi schemes related to the Rothschild banking systems (i.e. the Federal Reserve and the Bank of England).
http://youtu.be/2F3UbohdRLI
Schatz, ach schatz....!!! ;-)
De-dollarization' deepens: Russia buys most gold in six months, continues selling US Treasuries
The rumors of Russia selling its gold reserves, it is now clear, were greatly exaggerated as not only did Putin not sell, Russian gold reserves rose by their largest amount in six months in December to just over $46 billion (near the highest since April 2013). It appears all the "Russia is selling" chatter did was lower prices enabling them to gather non-fiat physical assets at a lower cost. On the other hand, there is another trend that continues for the Russians - that of reducing their exposure to US Treasury debt. For the 20th month in a row, Russia's holdings of US Treasury debt fell year-over-year - selling into the strength.
Buying low...
Russia gold reserves jump the most in six months in December, near the highest since April 2013.
Read More @ http://www.sott.net/article/291527-De-dollarization-deepens-Russia-...