I am experiencing this problem too, even with Googles Chrome packages
for Ubuntu. This worked on release of Ubuntu 13.04 but an update in the
following days broke it. I don't know which update, however.

I have noticed that if you let gnome-keyring-daemon run for 20 minutes
the CPU usage eventually goes down and things start working normally...

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https://bugs.launchpad.net/bugs/1174162

Title:
  chrome-browser makes gnome-keyring-daemon use 100% cpu

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