2011-04-15

Belarus central bank halts sales of gold for Belarus roubles

From the article:
Belarus' central bank has stopped selling gold to local retail customers for Belarussian roubles (BYR), it said on Friday, after demand for precious metals soared due to expectations of a currency devaluation.

The bank did not explain its decision.
http://af.reuters.com/article/metalsNews/idAFLDE73E16O20110415

The article is more important than you think.
I don't know how many Belorussians buying gold, but stopping selling gold could mean that the Belorussian Ruble went into event horizon of the inflation collapse, and hyper-inflation is on the way.

I suppose some day we will get same article for USD and EUR.

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