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Russian Central Bank To Buy Gold From Banks At 25% Discount To Peg Ruble to Gold starting March 28th

 
The Midnight Sun
User ID: 82593966
Germany
03/25/2022 10:14 PM
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Russian Central Bank To Buy Gold From Banks At 25% Discount To Peg Ruble to Gold starting March 28th
THE RUSSIAN CENTRAL BANK WILL RESTART BUYING GOLD FROM BANKS AND WILL PAY A FIXED PRICE OF 5,000 RUBLES PER GRAM BETWEEN MARCH 28 AND JUNE 30
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This is described as a gutsy move to bypass the sanctions and strengthen the Russian currency and economy. It will also work hand in glove to maintain the Russian financial system and establish the sale of oil and gas with rubles or gold.

Since countries can buy with rubles or gold, and purchase Russian oil at a discount, this is a huge incentive to trade with Russia. This could reduce the effect of the sanctions by the west - unless and until they go to direct war with Russia.

This move should also cause gold to go up in value on international markets and establish the fact that gold has intrinsic value not to be ignored. This may also, in time, weaken the US dollar and add to inflation fears in the west.

If this move is perceived by the west to work, it may cause Nato to speed up their schedule to go to war against Russia.
With Biden in Europe at this time, the final and most persuasive arguments are being made to invoke article 5 and go to war directly against Russia. These globalist b*stards are hell bent on starting nuclear war regardless how many millions of innocent people are killed.

Anonymous Coward
User ID: 81446580
Canada
03/25/2022 10:20 PM
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Re: Russian Central Bank To Buy Gold From Banks At 25% Discount To Peg Ruble to Gold starting March 28th
little man in his little box trying to make sounds like that's the place to be.
its a box. a worse box than you were all were in before the spotted gorby and Yeltsin the everdrunk.
Anonymous Coward
User ID: 82283999
Mexico
03/25/2022 10:31 PM
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Re: Russian Central Bank To Buy Gold From Banks At 25% Discount To Peg Ruble to Gold starting March 28th
Thread: One single Russia decision could crash the dollar and valuing gold at $100 K !
Black Unit

User ID: 13767076
United States
03/25/2022 10:31 PM

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Re: Russian Central Bank To Buy Gold From Banks At 25% Discount To Peg Ruble to Gold starting March 28th
Pin request. This is what tips the whole mess over
Anonymous Coward
User ID: 82591043
United States
03/25/2022 10:37 PM
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Re: Russian Central Bank To Buy Gold From Banks At 25% Discount To Peg Ruble to Gold starting March 28th
little man in his little box trying to make sounds like that's the place to be.
its a box. a worse box than you were all were in before the spotted gorby and Yeltsin the everdrunk.
 Quoting: Anonymous Coward 81446580


You sound and write stupid.
Anonymous Coward
User ID: 80894412
03/25/2022 10:41 PM
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Re: Russian Central Bank To Buy Gold From Banks At 25% Discount To Peg Ruble to Gold starting March 28th
Omg you know how much paper shorts JP, Goldman et al will have to write to keep the price down....





GLP