Russia Sells 22 Tons of Gold to Curb Growing Federal Budget Deficit

China probably getting it at a d******* too

I bet it's India They have insane demand for gold

Rick: "How much are you looking for?" Vladimir: "I'll take $3 billion U.S. dollars..." Rick: "Best I can do is $400."

Ukraine’s missile strikes have closed them back down

Hearing billions and trillions of dollars in the news has desensitized us to previously large sums of money

Probably just some planned offloading, desperation doesnt come with a couple billion, comes with hundreds.

Depends if it's a metric ton or a US ton. But also, both are more than 3 billion -- 4ish and 4.8ish

Nope. But with their petroleum industry going up on smoke, I'm sure it will be more.

Don’t worry Evri can still lose it in transit.

Is that all of the gold we have mined and keep track of or all of the gold that exists?

On palettes, like every f****** thing in the world. Seriously, if you can put it on a pallet 1.2*0.8m, you can ship it anywhere. If it fits in a 40 ft container? Almost anywhere.

They were known for their gold reserve. They're still top after all this

I was sure there was a parody of [The Stranglers Golden Brown](https://www.youtube.com/watch?v=7KIHvuMl4Kk) about Gordon Brown. All jokes aside, he seemed like a nice chap.

And since everyone has a fear of falling through a window nobody does anything about it.

That was already implemented by 2004 and fully tested in 2011. Remember 146% meme?

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So… russian

The problem with the oligarchs is when their patience runs out, they tend to find themselves falling out of a window. Or shooting themselves in the back of their heads, and then falling out of a window.

This is constantly said online and is a total misreading and lack of understanding. You have a US frame of mind, where power is money, because leaders change and there is still actually no dictatorship. Money is power, because it helps you buy access to the new leaders or to help old ones stay in office, or because it helps in legal system. In Russia billions of dollars mean nothing, because Putin controls the government and has many loyal and afraid of him. He has the intelligence agencies and can brazenly send them even overseas to developed nations, with nuclear weapons, to kill people there. And otherwise, he can send you to terrible prison, watch you waste away, then have you killed at his leisure there if the conditions do not do it anyway. Elon Musk is powerless in comparison, truly. How many times have you missed news of an oligarch being arrested for corruption, treason, or simply falling from a window. Sometimes simply shot in the street. You can be poisoned anywhere in the world without much trouble even. They can complain privately but they cannot do much more than that. Prizgohin was an oligarch, with wealth, a private army with armor, anti air, everything. He was stopped dead, certainly horrible fates for his family were involved. He knew he would be killed, and he was. Money cannot protect you or your loved ones anywhere in the world, this is how Putin remains in power, like most real dictators, not simply bribes, but fear and violence.

And remember there's been one attempted coup already

The abused child has a likelihood of becoming an abusive parent. The child has been abused for 500 years.

He only had 23 tons of cash. Wikipedia says he allegedly accepted 107 million yuan (16.3 million U.S. dollars) in bribes. 22 tons of gold calculates out to 3.4 billion USD at 4,827.10 USD/oz.

yeah but its not an unlimited supply. the centeal bank is still selling its assets. sure the gold is still within the nation of russia but its in the hands of private citizens. if the state goes broke and forces the banks to vuy shitty govt debt with that gold, youre just at that point nationalizing with extra steps and stealing from your own citizens source: am argentinian, ive seen all of this done before and its always catastrophic

Nah printing endless money is a core driver of hyperinflation, this is how you end up with a Zimbabwean dollar being worth less than the paper it was printed on.

There is more territory then Moscow.

They actually sell the literal shovels too. Poetic.

In North Eastern Poland there is a reasonably large city, 300K, that has had an airport in the works for ages and, I am told by drunk people, is finally being built out. It would be a railhead (sort of at the bottom of the Suwalki gap) where the rail connections to Warsaw are pretty good now after the first Russian invasion of Ukraine and the Americans realised tanks in Suwalki aren't much good if they are needed in Rzeszow in a couple of hours on a single line, flaky control system track. Rail and air into Bialystok would be a natural or Temu etc. Maybe that's why I see more native Chinese in Bialystok since the pandemic. Saw a tour bus once and just assumed they were lost ahahahaha. Of course this is all just drunken me and drunken other guy spouting shit though.

Besides the obvious one, lead the country into liberal democracy and join the EU together with the rest of the ex-Soviet bloc.

I like your straight thinking

Especially like onions!

wish that were true, but have been hearing it for the last 4 years