>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.
Saving shiny metals in 2K17 when there is crypto currency and 99% of all transactions are made via 01101011101011 in the west.
wew
Owen Bell
This. Get with the times OP
Levi Hughes
666 get
Henry Hill
>he thinks fiat has a future
Noah Myers
1 off...
Nicholas Baker
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.
Dominic Stewart
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.
Colton Barnes
...
Michael Sanders
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?
Juan Cook
Tought you are Ivan
Lucas Miller
I have a ten kilo rhodium ingot. Gold is small-time. Palladium and Rhodium are the new hotness.
Jayden Roberts
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.
Dylan Ramirez
they're waiting for the dollar to collapse
Lucas Anderson
>01101011101011
Triggered, why writy a binary number like this?
Owen Miller
That's just 64 billion dollars' worth.
James Cox
93T belongs to Romania you thieving cockeyed alcoholic morons!
Kevin Wilson
We are the currency, user. The gold goes to ayy lmaos.
Isaiah King
>Comparing gold to fucking crypto
Are you cocoa puffs son?
Luke Torres
>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.
James Diaz
hahaha look at the kike getting subverted isnt that cute
dont like it too much do ya
Bentley Reed
RUSSIA GIB GOLD BACK
Isaiah Nelson
>gold sure thing Mr Goldberg Goldstein.
Henry Barnes
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
Mason Richardson
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.
Hunter Turner
you know that you can use the law of induction to determine if gold bars are actually pure gold or gold plated tungsten, right?
