“Gold may come under further pressure because of Russia,” James Cordier, founder of Optionsellers.com in Tampa, Florida, said in phone interview. “Oil prices are not on their side, so now the next option they have for raising cash is selling gold. There is some talk that the country has either started selling or is making arrangements to sell their gold.”
---------------------------------------------- http://www.businessweek.com/news/2014-12-17/traders-betting-russia-s-next-move-will-be-to-sell-gold
