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Did the Russians just back the ruble to gold?
Posted on 3/29/22 at 2:57 pm
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

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 on 3/29/22 at 3:00 pm to Chazreinhold
quote:Russia is a failed narco state.
It feels like the rest of the world is playing chess while we are playing tiddly winks.
This post was edited on 3/29/22 at 3:09 pm
Posted on 3/29/22 at 3:04 pm to Chazreinhold
I’m just glad Fort Knox is filled to the brim with gold.
Posted on 3/29/22 at 3:05 pm to Chazreinhold
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
Would be a smart move
Posted on 3/29/22 at 3:09 pm to Caraway Rye
quote:Not true. It's Australia - and it's not even close. Any more Russian disinformation for this thread?
Russia and they have the largest mineable gold reserves in the world
Posted on 3/29/22 at 3:14 pm to Chazreinhold
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 on 3/29/22 at 3:14 pm to Big Scrub TX
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 on 3/29/22 at 3:20 pm to Big Scrub TX
quote:
Russia is a failed narco state.
LOL, that's Mexico or Colombia, nitwit.
Posted on 3/29/22 at 3:27 pm to Chazreinhold
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.
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 on 3/29/22 at 3:30 pm to flyAU
quote:Honestly I’d be shocked if most of it isn’t in politicians private vaults by now
I’m just glad Fort Knox is filled to the brim with gold.
Posted on 3/29/22 at 3:34 pm to Big Scrub TX
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 on 3/29/22 at 4:05 pm to Chazreinhold
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.
Russia will not win at this game.
Posted on 3/29/22 at 4:44 pm to flyAU
quote:
I’m just glad Fort Knox is filled to the brim with gold.
More likely gold-plated tungsten.
Posted on 3/29/22 at 4:49 pm to flyAU
quote:
I’m just glad Fort Knox is filled to the brim with gold.
Posted on 3/29/22 at 4:56 pm to Big Scrub TX
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 on 3/29/22 at 5:03 pm to Chazreinhold
Russia has been hoarding gold for years in response to sanctions. They are prepared for this coming globalist financial war.
Posted on 3/29/22 at 5:28 pm to notsince98
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 on 3/29/22 at 5:30 pm to Big Scrub TX
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 on 3/29/22 at 6:11 pm to Big Scrub TX
quote:
Russia is a failed narco state.

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