• "Spreading the ideas of freedom loving people on matters regarding metals, finance, politics, government and many other topics"

RUSSIA NOW MAKES MORE MONEY SELLING GOLD THAN NAT.GAS.

GOLDBRIX

God,Donald Trump,most in GIM2 I Trust. OTHERS-meh
Midas Member
Midas Supporter ++
Joined
Apr 4, 2010
Messages
17,803
Reaction score
26,552
Russia just SOLD 12.9 tons of rough gold (dore) worth 770 million to Great Britain. The country that allowed Gordon Brown to sell half of their gold reserves when he was Prime Minister. Now they are buying back what they should not have sold in the first place.
https://www.spglobal.com/marketinte...y-elevenfold-to-113-5-tonnes-in-2019-57462318

"Russia sells more gold than gas for the first time in 30 years
Moscow: For the first time in nearly three decades, Russia exported more gold than gas in the second quarter of 2020.
Gold sales to foreign buyers came in at $3.6 billion in April and May alone, business daily RBC reported, citing figures from Russia's customs service - ahead of an estimated $3.5 billion in gas sales for the full quarter.".....


https://energy.economictimes.indiat...n-gas-for-the-first-time-in-30-years/76975031
 

chieftain

Too much pawpcorn
Joined
Jan 4, 2020
Messages
3,004
Reaction score
4,394
So they've traded more gold than gas for fiat?
 

MrLucky

Gold Member
Gold Chaser
Silver Miner
Sr Site Supporter
Joined
Apr 27, 2011
Messages
1,998
Reaction score
2,437
Location
Really deep down the rabbit hole
Drill it. Make sure it's "real".
 

the_shootist

I identify as already vaccinated so I'm good!
Midas Member
Sr Midas Supporter +++
Joined
May 31, 2015
Messages
59,363
Reaction score
114,416
Location
Earth
Why would anyone pay $3.8B for an old relic like that?