Domain: tiger-web1.srvr.media3.us Did the Russians just back the ruble to gold? | Political Talk
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Did the Russians just back the ruble to gold?

Posted on 3/29/22 at 2:57 pm
Posted by Chazreinhold
Utah
Member since Oct 2020
7328 posts
Posted on 3/29/22 at 2:57 pm
Some interesting thoughts and perspective here. Maybe the economists on the board can weigh in as to the veracity of the timeline and implications of Russia going with gold-backed currency and selling oil in gold.

Meanwhile, domestically, we are worried about slaps, trans parties, carbon footprints, and ice cream. It feels like the rest of the world is playing chess while we are playing tiddly winks.

Renaissancemen.org

This post was edited on 3/29/22 at 3:00 pm
Posted by Big Scrub TX
Member since Dec 2013
38911 posts
Posted on 3/29/22 at 3:00 pm to
quote:

It feels like the rest of the world is playing chess while we are playing tiddly winks.
Russia is a failed narco state.
This post was edited on 3/29/22 at 3:09 pm
Posted by flyAU
Member since Dec 2010
24900 posts
Posted on 3/29/22 at 3:04 pm to
I’m just glad Fort Knox is filled to the brim with gold.
Posted by Caraway Rye
Member since Oct 2021
5108 posts
Posted on 3/29/22 at 3:05 pm to
Something like 90% of the gold in Europe come from Russia and they have the largest mineable gold reserves in the world

Would be a smart move
Posted by Big Scrub TX
Member since Dec 2013
38911 posts
Posted on 3/29/22 at 3:09 pm to
quote:

Russia and they have the largest mineable gold reserves in the world
Not true. It's Australia - and it's not even close. Any more Russian disinformation for this thread?
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 3/29/22 at 3:14 pm to
quote:

It feels like the rest of the world is playing chess while we are playing tiddly winks.
quote:

Russia going with gold-backed currency and selling oil in gold.
Posted by Caraway Rye
Member since Oct 2021
5108 posts
Posted on 3/29/22 at 3:14 pm to
quote:

Not true. It's Australia - and it's not even close. Any more Russian disinformation for this thread?


Australia may have the most estimated

Russia knows where it is and can mine it

Including the largest gold deposit in the world in Siberia currently charted by Polyus

They are building a $2.5 billion airport out there just to airlift gold
This post was edited on 3/29/22 at 3:18 pm
Posted by WokeGoBroke
Member since Mar 2022
327 posts
Posted on 3/29/22 at 3:20 pm to
quote:

Russia is a failed narco state.


LOL, that's Mexico or Colombia, nitwit.
Posted by stuntman
Florida
Member since Jan 2013
10638 posts
Posted on 3/29/22 at 3:27 pm to
I don't know what's going on, but over the past week or so the ruble has gained a ton against the dollar.

I know the ruble lost a lot of value to the dollar right after they invaded, but it's storming back in a hurry.
Posted by llfshoals
Member since Nov 2010
20794 posts
Posted on 3/29/22 at 3:30 pm to
quote:

I’m just glad Fort Knox is filled to the brim with gold.
Honestly I’d be shocked if most of it isn’t in politicians private vaults by now
Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
36309 posts
Posted on 3/29/22 at 3:34 pm to
quote:

Russia is a failed narco state.

Russia is currently teabagging the frick out of the United States.

What does that say about us?
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
23232 posts
Posted on 3/29/22 at 4:05 pm to
I can't see how this works out when purchasing countries or crude oil purchasers run out of gold. Maybe take a look at how much gold European countries have in reserve.

Russia will not win at this game.
Posted by keks tadpole
Yellow Leaf Creek
Member since Feb 2017
8542 posts
Posted on 3/29/22 at 4:44 pm to
quote:

I’m just glad Fort Knox is filled to the brim with gold.

More likely gold-plated tungsten.
Posted by GumboPot
Member since Mar 2009
139221 posts
Posted on 3/29/22 at 4:49 pm to
quote:

I’m just glad Fort Knox is filled to the brim with gold.


Posted by Bryantboyz
Moscow
Member since Dec 2018
668 posts
Posted on 3/29/22 at 4:56 pm to
quote:

Russia is a failed narco state.



Just go back in your mom's basement and stay there. Russia began around 880A.D. and this isn't hardly their first time facing difficulty. Btw Russia's economy is doing better than the U.S. economy in several ways including basic cost of living and how's that debt rate now? 31 trillion?

Russia has a debt to GDP ratio of 18%.

U.S. has a debt to GDP ratio of 138%

So stfu. We should STOP trying to police the world, stop the failed liberal HEGEMONY and stop the frign asinine social woke shite by any means necessary !!
This post was edited on 3/29/22 at 4:57 pm
Posted by notsince98
KC, MO
Member since Oct 2012
21637 posts
Posted on 3/29/22 at 5:03 pm to
Russia has been hoarding gold for years in response to sanctions. They are prepared for this coming globalist financial war.
Posted by armsdealer
Member since Feb 2016
12284 posts
Posted on 3/29/22 at 5:28 pm to
If a big country could do this it is Russia. The US could never pull it off, not in its current form. There isn't enough gold available to match the dollars. The pay out would have to be so ridiculously low that the dollar would actually be worthless.
Posted by David_DJS
Member since Aug 2005
22259 posts
Posted on 3/29/22 at 5:30 pm to
quote:

Not true. It's Australia - and it's not even close. Any more Russian disinformation for this thread?

You do not know this.
Posted by jimmy the leg
Member since Aug 2007
43181 posts
Posted on 3/29/22 at 6:11 pm to
quote:

Russia is a failed narco state.


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