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Russia adds 23t of gold in May to reserves, jumping over 1700t

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Thread replies: 28
Thread images: 10

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>they have been responsible for 80% of world's central banks gold purchases for years now
>for 2-3 years now rate is twice the speed of Chong central bank. They will surpass China's reserves by 2018
>adding about 200-250t per year on average
>historical record was 2400t during Nicholas II. Commies started to sell it off to finance the civil war and economy
>it was only Stalin and later Andropov of SU leaders who were building up reserves. All the rest were selling them off

And the rest of the western central banks didn't bought anything for years now.

FED supposedly sits on approx 8000 tonnes, yet it is interesting how nobody ever saw that gold. And how all of the calls for public audit are immediately refused.

http://mobile.reuters.com/article/idUSL8N1JH3WX
http://www.usdebtclock.org/gold-precious-metals.html

1 metric tonne = 32.750 troy ounces
>>
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Saving shiny metals in 2K17 when there is crypto currency and 99% of all transactions are made via 01101011101011 in the west.

wew
>>
>>130666333
This. Get with the times OP
>>
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666 get
>>
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>>130666333
>he thinks fiat has a future
>>
>>130666667
1 off...

>>130666666
>>
>>130665956
Commies don't need gold, since they aren't part of international financial system, Commies create their own financial system that works only inside of Socialistic country. Gold is valued material between countries.
>>
>>130666333
Crypto is your most successfull trick you people managed to pull off ever since you have convinced Yanks that mutilating their sons penises is healthy and required.
>>
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>>130666667
>>
>>130666893
I also read a bit about Kolchak's Gold Train. How couple hundreds of tonnes of tsarist gold was beeing transported as he was withrawing towards Vladivostok before Bolsheviks. When it passed Omsk or Irkutsk it was lost.

Is that story true?
>>
>>130666893
Tought you are Ivan
>>
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I have a ten kilo rhodium ingot.
Gold is small-time. Palladium and Rhodium are the new hotness.
>>
>>130667304
Gold is used to finance the army, since before revolution the country was broke and civil war needed financing to counter attack against foreign armies. Maybe Putin thinks he would be attacked by USA, so he collects gold.
>>
they're waiting for the dollar to collapse
>>
>>130666333
>01101011101011

Triggered, why writy a binary number like this?
>>
>>130665956
That's just 64 billion dollars' worth.
>>
>>130665956
93T belongs to Romania you thieving cockeyed alcoholic morons!
>>
>>130665956
We are the currency, anon. The gold goes to ayy lmaos.
>>
>>130666333

>Comparing gold to fucking crypto

Are you cocoa puffs son?
>>
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>>130665956
>1700t in total
Gold price is around 40k$ per kg
1700t=1700,000kg
1700,000kg x 40k$/kg=68,000,000,000$
>it_is_fucking_nothing.jpg
At the same time their Reserve Fund is sprialling downward.
>>
>>130673263
hahaha look at the kike getting subverted isnt that cute

dont like it too much do ya
>>
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>>130665956
RUSSIA
GIB GOLD BACK
>>
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>>130665956
>gold
sure thing Mr Goldberg Goldstein.
>>
>>130665956
good for them

but history has shown that mountains of gold, literally all the gold in the new world is not enough to overcome compound interest
>>
Gold and ammo - all you need in case of worldscale happening.
I bet goverment knows something - otherwise they wouldnt buy mountains of gold in the middle of economic crisis.
>>
>>130674667
you know that you can use the law of induction to determine if gold bars are actually pure gold or gold plated tungsten, right?
>>
>>130665956
They know
>>
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>>130675971
because gold is a great invesment
Thread posts: 28
Thread images: 10


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