Russia has been buying gold for over half a year

The Central Bank of the Russian Federation continues to purchase gold, replenishing gold and foreign exchange reserves with this precious metal. It should be stated that the purchase of gold by the Bank of Russia has been going on for the seventh month in a row. Since the beginning of this year, the country's gold reserves increased by more than 114 tons. The statistics of the Central Bank of the Russian Federation is such that the total volume of the gold reserve of the Russian Federation is almost 1,73 thousand tons of precious metals.

According to this indicator, the Russian Federation is in the 7-th place in the world, if the IMF is also included in the number of accumulators of the gold reserve. The three leaders in terms of gold reserves (excluding the IMF) include: the United States with a reserve of about 8,15 thousand tons, Germany - 3,37 thousand tons and Italy - 2,45 thousand tons.

At the same time, a number of independent economic experts are inclined to believe that the US gold reserves are fiction. Recently, the American Fed has virtually completely closed access to an audit of gold and foreign exchange reserves, which gave food for thought about the real volumes of American gold reserves that did not correspond to the declared ones.

By the way, for the first time in the stories country debt exceeded the bar 20 trillion dollars.

For reference: Azerbaijan has become the leader in sales of gold reserves in recent months. Monthly sales are estimated at 3 tons of precious metal.

Comments

[Evdokim]

Gold is better than paper. Central Bank continue in the same vein. What about other metals and diamonds?

[Abigor]

People are dying for the metal!

[210ox]

And give statistics on the volume of currency purchases by the population?

[NIKNN]

Quote: 210ox

And give statistics on the volume of currency purchases by the population?

Well, you are a dreamer ... You will have access to the appropriate form to find out ...
I am interested in something else (not a single tolerance will help here), which of our rulers accumulates so much gold for themselves ??? ...

[XXXIII]

which of our rulers accumulates so much gold for himself ???

everything is simple, everyone wants to keep water in the palms more to quench their thirst !!!

Gold is better than paper

[faridg7]

Yes, this is not enough. It's time to stop selling energy and raw materials for real (not ghostly futures) gold instead of candy wrappers

[hrych]

Quote: faridg7

gold instead of candy wrappers

Well, that's how gold is bought for these candy wrappers. Also, engineering equipment, etc. is purchased for these forfeits. Such is the current system of foreign trade and there is nothing wrong with that. It’s another matter that it is the RF that is shaking this order, possessing gigantic reserves of resources, with many countries the commodity circulation is already going on in national currencies, etc. There is no need for sharp movements, which ours demonstrates. They are trying to tighten the loop around our neck, and ours quietly inserts a stake for them, only recently they realized, and the fault is the lubricating properties of oil products, such as petroleum jelly

[Sling cutter]

Quote: hrych

Well, that's how gold is bought for these candy wrappers.

Our government buys valuable American papers in large volumes!

[Chestnut]

Gold is an investment in imports.

[Stalingradpobeda]

And what's the use of gold if a country is poor?

[Evdokim]

And in your opinion, what should be kept reserves? In buckwheat or something?

[Stalingradpobeda]

There was also a lot of royal gold and a lot of gold. And where?

[Evdokim]

And the gold party? The party is not the Central Bank. So what do you propose to keep reserves?

[Stalingradpobeda]

Correctly do what is stored in gold. The most reliable think investment.

[hrych]

Quote: Stalingradpobeda

There was also a lot of royal gold and a lot of gold. And where?

Industrialization of Stalin was made on tsarist gold, which Tsar Father did not deign to do, rolled Faberge eggs ... Also pay Lend-Lease. The gold of the party went to feed the Asian, Latin American, Arab and African cannibals, who declared themselves Marxists. They fed parasites of Eastern Europe and the Union republics. Millet purchased in the United States for gold. There was no currency because of a conspiracy with the sheikhs who dropped oil ... the USSR was thrown at the grandmothers and Muamor, Saddam, Anwar Sadat and most of all the Chinese. From that, the Security Council of the Russian Federation did not veto saving the Jamacheria and the Iraqi regime in order to get a share .... And rightly so.

[Sling cutter]

Quote: hrych

From that, the Security Council of the Russian Federation did not veto saving the Jamacheria and the Iraqi regime in order to get a share .... And rightly so.

So what, did Judas get their gold?

[hrych]

Quote: Stroporez

So what, did Judas get their gold?

The Judahs got theirs, Sadat the bullet, Saddam the gallows, Muammar was torn apart. The paralyzed Mubarak was dragged to court. They all betrayed the USSR by taking the dough. When the Russian Federation hung on a thread, fighting for its integrity, the children fainted from hunger, and Gaddafi and Hussein crap in golden toilets, not a single bastard helped our people in trouble. Oddly enough, the West, led by America, came to the rescue, humanitarian and food aid was provided. Yes, they were afraid of chaos and the spread of nuclear weapons, the advent of the reactionary regime, etc. But nonetheless. At this time, Muammar invested hundreds of billions in the EU economy, built a refinery there, thought it would save him by investing in the economy of our enemies, including our loot, which was generously transferred to him. In Iraq, on account of debts and silence in the Security Council, we received a controlling stake in the West Qurna superfluid. Egypt did adopt a Russian policy, multi-billion dollar contracts for the purchase of our grain and weapons. In Libya, Khalifa Haftar also favors us, we get both wells and contracts ... All this taking into account the restructuring of Soviet debts. Sometimes debtors have to collectors, etc. just beat. Here is the same case. WHO TELL YOU THAT Muamor and Hussein were friends to us, they were not Marxists, they were Islamists and racists. What oak collapsed from, that they are our friends and allies. They turned their backs on us under the USSR. Egypt got the most and sold to America before anyone else. Then Husey became the American six and Gaddafi climbed into friends of France, Italy and other EU countries. Who did we betray there? The West reformatted its sixes ... Think and don’t fall into emotions. Not only that, the West extorted them (boxing term), while we managed to carry out secret rearmament. With all the sympathy, even the Yugoslavs turned our backs on us even under Tito, even during the lifetime of Stalin, so what a hell are we supposed to run into for them if they have already renounced us. And the fact that their layman lived in stone two-story mansions had western cars, but there was nothing to fight. And the Russian peasant lived in barracks, the Cossacks could afford the chosen ones, but the most powerful weapons did not allow either West or East to rummage, even when we were on the verge. Therefore, we worked hard for security, they didn’t have it, therefore the Russian Federation is alive and strong, and Yugoslavia, and indeed Iraq and Libya does not exist, and ethnic groups lost from hundreds of thousands to several million people ...

[kubanec]

----------- even the Yugoslavs turned our backs on us even under Tito -------------- all right, Yugoslavia was not even in the internal affairs department, - to ourselves

[Trevis]

And then. Sugar, flour, buckwheat.

[Evdokim]

Add lard, moonshine. Here is the rural strategic reserve.

[Alexey RA]

Salt, matches, soap, kerosene ...

[Trevis]

Stews, stews do not forget! How is it without her ?!

[Abigor]

In the dead souls! Like the states ...

[Chestnut]

Contribution to their production and housing, and gold is import.

[Yarik76]

What imports? Gold is mined in Russia!

[Chestnut]

We buy dollar-euro for gold, we buy import for euro and dollar.

[Evgeny RS]

In buckwheat too))

[210ox]

Yeah ... With you we would not have won in Stalingrad ..

Quote: Stalingradpobeda

And what's the use of gold if a country is poor?

[Stalingradpobeda]

Times have changed. I don’t know who will be able to repeat the Stalingrad feat.

[Nikolai Grek]

Quote: Stalingradpobeda

I don’t know who will be able to repeat the Stalingrad feat.

obviously not you .... when a "similar" situation arises, you will find yourself on the other side of the barricades, and, not surprisingly, you will be shot !!!

[Stalingradpobeda]

I think you're right. Let's hope that the second such war will not occur in Russia. I can not believe that someone from today's generation would have survived this and won.

[Xnumx vis]

!

Quote: Stalingradpobeda

I can not believe that someone from today's generation would have survived this and won.

And who heroically fights in Syria and New Russia? Aliens! You don’t think ..... It’s bad not to think

[Topotun]

And who in Tskhenval stood to death? Without ammo and support?

[Nikolai Grek]

Quote: Stalingradpobeda

I think you're right. Let's hope that the second such war will not occur in Russia. I can not believe that someone from today's generation would have survived this and won.

yes uuuuuuuuuuzhzh ... "sadness" is happening in your head !!!

[Solomon Kane]

Have you heard about the golden rule? Whoever has gold sets the rules.

[Astoria]

Not really: the one who produces gold sets the rules.

[Solomon Kane]

Mark Twain

I once worked at gold mines and I know everything about gold mining, except for only one thing: how to make money there.

That also happens.....

[Astoria]

https://quoteinvestigator.com/2015/01/11/has-gold
/

[nik-karata]

From the level of gold reserves in the vaults, the welfare of the people does not depend. Unfortunately.....

[Esoteric]

Quote: nik-karata

From the level of gold reserves in the vaults, the welfare of the people does not depend. Unfortunately.....

But the well-being of those in power depends on it ...

[faiver]

very wrong judgment ...

[Nikolai Grek]

Quote: Stalingradpobeda

And what's the use of gold if a country is poor?

Why is there poverty? immediately need to "torn to shreds" !!!

[nik-karata]

Nope! You need to shout louder with a bang, the enemies will fall backward, the economy will trample in unprecedented growth, and all at once become happy. Hooray-patriots + dodges + junkies + liberals = the essence of the enemy !!! It's my personal opinion.

[79807420129]

Quote: Stalingradpobeda

And what's the use of gold if a country is poor?

I can imagine what panic you would be in if it had been written that the Central Bank was selling gold.

Quote: Stalingradpobeda

Times have changed. I don’t know who will be able to repeat the Stalingrad feat.

Times have changed, that's for sure, my grandfather, a Stalingrad man, would spit for a long time after reading this opus.

[Solomon Kane]

Russian soul, Russian character - that’s where the real gold is ......

[Irokez]

Quote: Solomon Kane

Russian soul, Russian character - that’s where the real gold is.

Oh, how exactly it is said. I support. It is people who are the things on which everything rests, and the country, and the family, and the world, and HUMAN relations.
People like gold are of low standard, and there are high of our highest standard, even if repainted from above in dark color.
And gold, silver, precious metals, as well as the resources of the territory, have always been a measure of security and stability, which is why they save up and buy up for airbags. It’s another matter that someone tries to bite this pillow during the change of power, and it’s those democrats and liberals and even our overbought ones who in Russia see great potential, both political and economic, because they spread rot in order to parasitize and eat.
But it turns out to be interesting that those who supposedly live well and happily (democratic type of country) have a huge debt comparable to the annual budget or even more and at the same time have a weak gold reserve. And it would seem that it’s impossible to repay debts with this reserve, but it’s not better to live on credit, and there’s nothing to give back already eaten with processed shit, nobody takes it for debts.

[Topotun]

And here is another interesting point - after all, money is the measure of the goods produced. So it seems to us at one time explained? So explain how can a unit change? Why does one currency jump relative to another? (More like another way of weaning money (honest) it seems). And so we measure with one ruler we get hoo, and the other horseradish with poppy seeds ..... Maybe this is a system error?

[Irokez]

Quote: Topotun

Maybe this is a system error?

In such a case (especially finance) there can be no mistakes.
Everything is much simpler - it is beneficial to someone. And I even guess who, but I won’t tell anyone - this is a secret. )))

[Topotun]

So am I about that!

[voyaka uh]

"because money is the measure of the goods produced." ////

All is correct. If a country's GDP is growing steadily, then its currency is strong
and does not fall. If GDP stagnates or falls, then the currency falls.

[hrych]

Quote: voyaka uh

If a country's GDP is growing steadily, then its currency is strong
and does not fall.

Everything is absolutely wrong. The Chinese, having GDP growth, constantly devalued their currency in order to increase the competitiveness of goods. On this occasion, the West constantly howled, and Trump decided to drop the Chinese ... Our Government learned this precisely from the Chinese, but they dropped the ruble against the dollar and the euro twice intentionally and precisely sharply, killing the competition of imported goods and it is already clear that import substitution has been made successfully. Yes, people are unhappy because import has risen in price by half, but this is a trifle on the scale of the world revolution, and reluctantly have to take domestic goods, especially food. Therefore, all this is a big game and no market laws apply here, neither in the east, nor in the west; protectionism and trade war are all there. Obama still believes that our economy is torn, but we are building cosmodromes, ocean slipways, nuclear-powered icebreakers and submarine missile carriers, and for all that, while successfully waging a couple of wars, raising agriculture, becoming the first exporters of wheat and the third in grain production, we are leaders in the nuclear industry, Americans are critically dependent on our space technology and more.

[The brightest]

The price of a product is not unrelated to the price of money. You can absolutely appoint it from the ceiling - being a monopolist. For this, the money did not measure, no. Money is a means, means for production. For the reason that it is a universal means of exchanging goods. The prices for the money itself are controlled both by the state - by directly appointing, and by the market in a free economy - by the demand or volume of trade of the country. If the state manages to lower the prices of goods and food, then the value of this money increases, but does not, inflation eats up the value of money. So today, for example, the price of the ruble in the market is much higher than on the currency exchange, where its price was definitely fraudulent. An example of this is the lowering of investment share of skiers in the United States trusting in Russia. Our main mistake is how countries conduct foreign trade in dollars.

[Topotun]

And here is the question, as a means of exchanging goods? But you must admit, the medium of exchange must be the same for goods produced in different countries. Yes, in one country a product can be cheaper (due to low cost or the cost of its production) in another more expensive. But the bar with respect to which we take measurements should not hang out like .... And you can play at the price just by panic at the exchange .... What sometimes it uses .... Therefore, gold (or other precious metals) would probably be more correctly used as a means of evaluating goods. And it turns out like in the movie - take it I'll draw ...

[The brightest]

But you must admit, the medium of exchange must be the same for goods produced in different countries.

Usually, it would be unnecessary to carry out barter payments using a universal unit. In each state, the production of this unit is different. In different countries, different banks, respectively, and means of production are different. So no, I do not agree.
The exchange is the same market where they do not sell cucumbers and melons, but money, there, in the same way, demand creates a price. If a currency is unnecessary because you can’t buy anything for it, then the price of such a currency will be penniless. Let’s conditionally say (actually not) - this is filling with gold, only goods produced by the country are used instead of gold. Why is gold worse than the same grain or oil? The dollar is just provided with oil. (That is, you can always buy for it)

Yes, even in an era when everything was traded in gold, the weight and dignity of the coin in different states was different. And so was the exchange rate ... And in some places there was a re-chasing so that the bargain would be conducted only in their money (Russia) And today we trade in dollars ...

[Berber]

Yes, Aliev is hot if he sells gold. In my opinion, Fiction is not only the US gold reserve.

[210ox]

Of course. Azerbaijan’s spending on the purchase of EVERYTHING besides food over the hill is large, and oil .. Alas, not in price.

Quote: BerBer

Yes, Aliev is hot if he sells gold. In my opinion, Fiction is not only the US gold reserve.

[Hurricane70]

Yes ... squandered after the 17th year ...

[LiSiCyn]

Oops .. But what, is Azerbaijan banking? Cheap oil or a bunch of gold mines?

[Oleg Kalugin]

so what's the news?

[korvin1976]

Here, for the most part, what you need to know about GDP, Reserves and Debts. Remarkable, informative and very surprising. All data is easily verified and taken from open sources.
BRICS vs G7

[Esoteric]

Quote: korvin1976

Here, for the most part, what you need to know about GDP, Reserves and Debts.

First of all, you need to know one thing about debts, they are sucked out of interest, which was invented by the same Rothschilds who decided to put the world on a dollar needle. If I go and borrow a glass of flour from a neighbor, then I will give a glass. And all our debts are fiction. They are invented for bondage. If countries took and forgave each other's public debt, then a lot of things have changed in the world.
It is time to come to a gold filling, which cannot be inflated or printed. There is either gold or a dollar ...

[Astoria]

It's time to come to the gold filling

Come as much as you want, only this is physically impossible - the existing volume of gold is estimated at 200 tons including not recovered, and that’s all, and how you will spread it into 000 billion people. Do you have such fantasies after lunch or it does not depend on the time of day / meal.

[Kalinvagen]

rather from the moon phase

[IvanDMB89]

for the development of the world economy, the growth of the money supply is proportional to the growth of the economy. The population is growing, production is growing, new services and technologies are appearing - exchange currency is needed, gold is not suitable.
gold is limited and therefore cannot be the basis of growth. now - it’s just a commodity or in import - “commoditis”. The states also left gold because it became a brake on growth and development. After that, there was a breakthrough for decades to come. A competent, strategic approach to finance is the key to development.
And gold also devalued in due time - after the discovery of America, several decades later, due to the massive import of metal, goods went up several times in gold.
Look ...

[korvin1976]

Quote: IvanDMB89

for the development of the world economy, the growth of the money supply is proportional to the growth of the economy. The population is growing, production is growing, new services and technologies are appearing - exchange currency is needed, gold is not suitable.

The growth of money supply entails an increase in prices, this is the so-called concept of inflation (we heard about this). With the growth of production, the emergence of new services and technologies, labor becomes easier and more energy-intensive, and therefore goods and services should become cheaper, and this in no way affects the trend of increasing money supply. If goods and services are getting cheaper, then why do you need to have more money, at least in total equivalent, in quantitative, maybe yes, but not total. A quantitative increase in the money supply implies an increase and fragmentation of the main monetary unit. For example, take the ruble. There is a ruble, and there is a penny, in a quantitative increase, more pennies are produced, and perhaps an additional monetary unit appears, for example, half a penny, you can get a half. That is, the quantity of money increases quantitatively, the total is the same, but very, very not significantly.

[korvin1976]

Quote: Esoteric

If I go and borrow a glass of flour from a neighbor, then I will give a glass. And all our debts are fiction. They are invented for bondage.

Well, if so. But it could be otherwise. There may be a different situation:
Not enough money, borrowed.
The time has come to give, borrowed from another, and gave to the first
The time has come to give to the second, borrowed from the first again. And so on and on and on
There’s only one point, each time you borrow more (even without interest, the Fed has a pretty penny percentage, not comparable with the growth of debt)
Why do you borrow more? Yes, because money must be given, and by the way, it is necessary to live on something, so to speak to cover the budget deficit. This is how to earn 15k, and live on 20k.
So, of course, they play a small role in interest, but the very small, main amount of debt is precisely the very budget deficit.

Quote: Esoteric

If countries took and forgave each other's public debt, then a lot of things have changed in the world.

Oh yes ......... a lot of things would change. This is especially true for the G7 countries (except Japan), and as the Melkobrit would have been happy, there is no way to put it in words, the debt for one small-shaven is 107 thousand
Now, if you force everyone to pay off their debts, right away, as a last resort for a year, then yes ... then much would change, but forgive .........

[rpuropuu]

Quote: Stalingradpobeda

Times have changed. I don’t know who will be able to repeat the Stalingrad feat.

Gold is still the same precious metal

[Esoteric]

Quote: rpuropuu

Gold is still the same precious metal

There is such Osmium-187. Its price is $ 200 per gram ...

[Shadow of darkness]

There is such Osmium-187. Its price is $ 200 per gram ...

And how long is its shelf life without losing its basic valuable properties?

[Vadim237]

It is better to invest in Iridium and in Platinoids.

[Mountain shooter]

Another five years, and catch up with Italy ... All this is correct. Gold jumped - now and gold reserves of Russia will grow up.

[Muvka]

Well, actually, we buy 200 tons a year, but Italy, as far as I know, doesn’t buy ...

[Nikolai Grek]

Quote: Muvka

Well, actually, we buy 200 tons a year, but Italy, as far as I know, doesn’t buy ...

we buy, as it were, in quotation marks we must take !!! it is mined from us !!

[Bronevick]

It is necessary to invest not in gold, but in technology.

[Kalinvagen]

and the army, science, medicine, education, housing and communal services ... more to list? =)

[Mikhail Zubkov]

Tomorrow, the US national external debt (according to their own public counter) will reach 20 trillion 200 billion. Interest is being built up quickly. And the total external + internal debt is almost 67 trillion. Of these, more than 6,5 trillion are US sovereign external debts to foreign countries under the so-called. "treasury" or "bonds", which our Central Bank of the Russian Federation bought for 108 billion. This debt the United States is not able to repay in principle, the Central Bank of the Russian Federation is at great risk for a meager%. We credit the economy of the enemy, and these "bonds" in practice are very good. It’s not easy to cash out even with dollars in your accounts or in cash at your vaults - the US requires reports and justifications from the holders of these empty pieces of paper. And they have not had 8000 tons of gold for a long time, because the federal reserve banks and vaults do not allow even a secret audit from Congress or the President of the United States. There were cases of fraud with gilding of ingots, stored as pure gold with state numbers and stamps of weight and sample.

[Stalingradpobeda]

What a debt? In the money that they release themselves?

[Astoria]

the amount of debts + quasi-debts (of the pension system, etc.) were estimated at over 100 trillion. dollars 10 years ago.

[voyaka uh]

"US national external debt (according to their public counter) will reach 20 trillion 200 billion" ///

Not external but internal. This US government owes so much to the US Central Bank.

[Nikolai Grek]

Quote: voyaka uh

"US national external debt (according to their public counter) will reach 20 trillion 200 billion" ///

Not external but internal. This US government owes so much to the US Central Bank.

Well then, plus the amount of external debt there and give us the result !!!

[rpuropuu]

Quote: Esoteric

Quote: rpuropuu

Gold is still the same precious metal

There is such Osmium-187. Its price is $ 200 per gram ...

A lot of Osmium is mined? And how many of more than 200 countries need it? And gold, both in industry and in everyday life, will always be in demand.

[rpuropuu]

Quote: Bronevick

It is necessary to invest not in gold, but in technology.

Unfortunately in the 90s, one minister said: "Why do we need to build machines? We can buy them." Now the market has formed, and those times when our machines were bought by the same Japan, and our watch factories competed with the Swiss. The military-industrial complex remains, as a rule it is the engine of progress, maybe something will turn out

[LAWNER]

Quote: Esoteric

Quote: rpuropuu

Gold is still the same precious metal

There is such Osmium-187. Its price is $ 200 per gram ...

I agree, you need to invest more in rare earth elements. The price does not fall on them. But diamonds are Fiction.
Rare earths are used in industry and electronics in huge quantities, huge ones are 200-500 grams. But to get them, the installation must work half a year.

[Shadow of darkness]

Gold, platinum can lie for thousands of years, without changing its properties with a minimum of requirements for storage conditions, osmium 187 is radioactive and has a half-life ...! Continue to continue?

[Olegovi4]

Quote: LAWNER

you need to invest more in rare earth elements. The price does not fall on them. But diamonds are Fiction.

Well, the wife doesn’t want a ring with osmium, but with a brulik - very))

[Say]

The Central Bank of the Russian Federation continues to replenish the stabilization fund of the US Central Bank.

[Muvka]

In what way?

[XXXIII]

Niccolo Machiavelli

Not gold, as the general opinion declares, but good soldiers are the spring of war, because for gold you will not always find good soldiers, and good soldiers will always get gold.

[Dedall]

Dear, you still say that patients will feed a good doctor. So I’ll say this, that at our clinic I’ve already watched three times how the Department of Emergency Situations conducted in handcuffed doctors. By the way, what does this office have to do with it?

[XXXIII]

Dear, you still say that patients will feed a good doctor. So I’ll say this, that at our clinic I’ve already watched three times how the Department of Emergency Situations conducted in handcuffed doctors. By the way, what does this office have to do with it?

Could you tell me in more detail where is what with what are they eating?

[fizteh]

And where did
Are there so many redheads in Azerbaijan?

[APASUS]

It is strange that for half a year, the country should buy all the gold mined in Russia, but it could be bought on the occasion of the same Azerbaijan. To keep money in the USA, and even in green paper, not provided with anything is simply ridiculous.

[Kerensky]

Everything is logical. Under the purchased gold, you can issue papers and sell them.

[Firework]

it’s necessary not to buy gold but Bitcoins)

[Sextant]

It seems to be explained by this quote:
The opening of the Shanghai Exchange means exactly the following - each country will now be able to conclude contracts for oil in RMB. And it definitely turns the world economy upside down. In parallel with this, the PRC has already organized the trading of gold futures nominated in RMB. This means that now any company that sells oil or other goods for RMB under a long-term contract will be able to purchase gold futures on the proceeds. As you may already guess, in this way, the yuan receives collateral in gold. Now you understand why China has strenuously bought this noble metal on an industrial scale?

[Sextant]

Experts suspect that behind the purchase of gold is the grand plan and geopolitical strategy of the Kremlin, which wants to gain greater independence from the dollar and leave room for financial maneuvers in case of tightening Western sanctions.