Note too that Russia stopped buying gold on April 1.  They were among the word's largest net buyers for financial reserves. 

Why is this important?  To meet government spending requirements, they need a price of oil for their production of well over 70 dollars per barrel.  They can't be buying gold when they can't sell oil.  This makes them very dangerous.  The last couple of times that they didn't like low oil prices they invaded neighbors to take over all or portions of production from those countries (and O'bama let them).  They are desperate to maintain the image of being a world power, so under present circumstances, there is no telling what they will do next.  They are not likely to take over oil production elsewhere during this time, so one has to wonder what they will do.  They will not be quite, that's for sure.