Hi Andy,
Happy Birthday, the ATO like you but your investment doesn't, ironic isn't it? Retirement might not be that salubrious if you're relying on ATO refunds and gold.
Your mate Vlad's in deep schiff and it's getting worse by the day, capital controls next, bond holders must be spewing, not to mention anyone with assets in Russia.
Some analysts are expecting Russia to start selling large quantities of gold, that's about all there is left to sell, the best assets are in oil which isn't the best punt at the moment or Vlad and his oligarch mates own them.
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With no other source of revenue to break the ruble’s fall, analysts are now expecting Russia to sell large quantities of gold bullion from its stock in a mad effort to stabilize the currency. In response, across the global markets, the price of gold decline sharply. If Russia sells it gold, she can do it only cheaply. The more it sells, the cheaper gold becomes.
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Pretty grim all right, sure glad I don't own any of the yellow stuff, if that becomes common knowledge it could lead to a catastrophic plunge.
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