Experts analyze the situation with Russia's gold reserves

Russia continues to follow the path of increasing gold reserves. At the same time, the Russian economy is getting rid of investments in US debt. Independent economists are trying to figure out the chosen strategy.

From January to the end of June, the Russian Federation acquired an additional almost 96,5 tons of gold for its gold reserves. The total gold reserves in the bowels of the Central Bank reached impressive value - 2,2 thousand tons. It is planned that such a reserve can become a good “airbag” in the event of another financial crisis. At the same time, it is no secret to anyone that a crisis in the world economy is inevitable - due to the fact that the capitalist system of modernity is so arranged. Crises succeed each other at different intervals. There are many reasons. This is actually uncontrolled lending, and trade restrictions, and barriers to the labor market.

Today, Russia occupies the 5-th place in terms of gold reserves among all countries of the world. The United States continues to be in first place, although many economists in the world have ceased to be confident that the United States does have 8,1 thousand tons of gold bars, and not their imitation.

Sonar2050’s YouTube video provides an expert opinion on why Russia is increasing its gold reserves in the current economic conditions, what trends are developing around the gold reserves of the Russian Federation.

Comments

[Mavrikiy]

Today is 5th place, tomorrow is fourth.

[Vend]

Nationwide, gold is scarce.

[Ross xnumx]

Quote: Wend

Nationwide gold is never enough.

Nationwide, with economic sanctions and the likelihood of losing American money forever, gold is a complete substitute for any paper and the sweetest promises ...

[Sotskiy]

Quote: Wend

Nationwide, gold is scarce.

And then! Especially if you recall how much gold was at the end of the USSR and how much was left at the time of the default of 1998. Oops! It turns out gold has the ability to evaporate

[certero]

Alas, the late USSR managed to waste gold.

[Sotskiy]

Quote: certero

Alas, the late USSR managed to waste gold.

If we consider documented, then yes.
And if in fact, then betrayal of the country's interests, the collapse of the CMEA, OVD, the withdrawal of troops from Germany, conversion, and in fact the beginning of the collapse of the military-industrial complex, restructuring with the introduction of elements of the new NEP, glasnost, with the removal of barriers to the propaganda of anti-Sovietism, artificial, total deficit, cutting down vineyards, disintegration of the population and just a mess in the country, contributed to the increase in gold reserves? In my opinion, the USSR died with the arrival of the Tagged One, but the "death certificate" has not just been documented, but the "body" has already been dismembered into pieces with the company. So from when can the final gold reserves of the USSR be counted if "by garlic"?

[Svarog]

Quote: Mavrikiy

Today is 5th place, tomorrow is fourth.

If you look at history, then gold reserves always disappear somewhere .. Where is the party’s gold, and where is the tsar’s gold?

[g1v2]

Tsarskoye was largely plundered by the whites and taken to their homeland. The remainder was spent on purchases in the west of everything the country needed in the hungry 20s. The same locomotives, for example, purchased.
The Soviet stock went first of all to the purchase of grain in the West, which the USSR could not provide for. Further - high pressure pipes, which were purchased in Germany. Well, in the 80s bought a lot of consumer goods. Yes, and the same machines in the west were purchased with a CNC.
In general, that tsarist gold, that the Soviet eventually went west.

[Svarog]

Quote: g1v2

In general, that tsarist gold, that Soviet gold ended up west

About that and speech, about that and speech ..

[Sotskiy]

Quote: g1v2

which the USSR could not provide for itself. Further - high pressure pipes, which were purchased in Germany. Well, in 80 they bought quite a lot of consumer goods.

Oh how! Feed grain was changed to gold, because there were so many cattle that they were starving? But didn’t they supply pipes in exchange for oil, or have they already rewritten the text of the agreement in the archives to suit the current political situation? About goods is generally interesting. This is when introduced Tagged coupon system for products?

[Okolotochny]

In-in, the gold of the NEMA Party, and with a GDP of 2,2 thousand tons. I remember in the late 80s there were about 120 tons.

[Observer2014]

Svarog (Vladimir)

: If you look at history, then gold reserves always disappear somewhere .. Where is the party’s gold, and where is the tsar’s gold?

Do not mock the patriotic feelings of citizens. Let them do something pleasant and dream.

[Svarog]

Quote: Observer2014

Do not mock the patriotic feelings of citizens. Let them do something pleasant and dream.

Yes, naive people think gold in bins, collect for their benefit

[Svarog]

Quote: Observer2014

Yes, and let them think! It was nice to hear and read you.

Thank you, this is mutual!

[Svarog]

Quote: Observer2014

While the fools did not get on so to speak!

Somehow, after dinner, they became noticeably smaller, apparently sent to a socially useful event

[Lipchanin]

although many economists in the world have ceased to be confident that the United States does have 8,1 thousand tons of gold bars, and not their imitation.

And how many "grabbed"

[tihonmarine]

Quote: Lipchanin

And how many "grabbed"

Probably a lot.

[Lipchanin]

Quote: tihonmarine

Probably a lot.

As far as I know, the Germans still cannot take theirs. They don’t even show him

[tihonmarine]

Quote: Lipchanin

They don’t even show him

So the little gold is already Tu, Tu!

[Lipchanin]

Quote: tihonmarine

So the little gold is already Tu, Tu!

And I won’t be surprised

[tihonmarine]

Quote: Lipchanin

And I won’t be surprised

These lads are very greedy for a stranger.

[Lipchanin]

Quote: tihonmarine

These lads are very greedy for a stranger.

This is in their genes. Remember who populated the continent

[tihonmarine]

Quote: Lipchanin

This is in their genes. Remember who populated the continent

Those who settled, they still rule.

[Lipchanin]

Quote: tihonmarine

Those who settled, they still rule.

Here it is

[tihonmarine]

Quote: Lipchanin

Here it is

Occasionally, the true "topmanager" is taken from the Vikings.

[Lipchanin]

Quote: tihonmarine

Occasionally, the true "topmanager" is taken from the Vikings.

I'm generally talking about the politics of these "descendants"

[tihonmarine]

Quote: Lipchanin

I'm generally talking about the politics of these "descendants"

Everything goes from the foundation of their empire to the present day.

[skinar]

Yes, and one famous Frenchman tried ...

[U-58]

Probably, their reserves are indicated, but the gold of the "principals" is not counted

[Blacksmith 55]

Well, why say that crises occur only under the capitalist system.
We still remember the USSR, didn’t we have crises?
It is only necessary to respond in a timely manner, society and industry are changing, the situation in the world is changing, needs are changing. And if you do not change anything, then this same crisis sets in.
The problem is that not every politician is able (or does not want) changes, or maybe they just don’t give him that.

[Ross xnumx]

Quote: Blacksmith 55

We still remember the USSR, didn’t we have crises?

For example?
The only crisis in the USSR that comes to mind is the tight political leadership of production processes and agriculture. This is when graduates of the Higher School of Economics (now HSE) were appointed to the leadership despite poor knowledge of the profile specialty, lack of work experience and specific results in activities. Where professionals were at the head of the matter, it argued.
All the rest is the manipulation of the capitalist market and its impact on price formation contrary to logic and needs.

[Flamberg]

Yes, the entire economy of the USSR is one big and endless crisis, which ultimately finished off the country.

[Blacksmith 55]

If there were no crises in the Soviet Union, it would still exist. The most important crisis was in the minds of party leaders.

[Ross xnumx]

Quote: Blacksmith 55

If there were no crises in the Soviet Union, it would still exist.

Seriously? Right - figuratively? Do you remember a specific episode?
As for the existence of the USSR, the very practice of a voluntary union, in which they tried to harness a horse, a trembling doe, a donkey and a ram in one cart, is vicious. By brotherhood and disinterested friendship we are saturated on the tonsils. And it is not fault that the statehood of the USSR was betrayed by the most real enemies of the Central Committee of the CPSU, the KGB and the Moscow Region.
If it weren’t for Belenko, the MiG-25 would not have been stolen to Japan. So it is with the existence of the USSR.
I am glad that this did not happen in 1941.

[Blacksmith 55]

Ross 42. Well, I add the word MAYBE would exist ....

[carstorm 11]

kidding so? since the beginning of the reign of Brezhnev, it both began and did not end later. In any business school they will tell you this with pictures and expert opinions. it’s just what comes to mind. although personally for me that’s how he went the whole history of the country. the experiment started badly and ended in disaster.

[U-58]

Oh, come on!
Under Brezhnev, I lived from 6 years to 24.
And right now, I regret that I’m not from the 20th to the 38th.
Parents are lucky ...

[tihonmarine]

Quote: ROSS 42

The only crisis in the USSR that comes to mind is the tight political leadership of production processes and agriculture. This is when graduates of the Higher School of Economics (now HSE) were appointed to the leadership despite poor knowledge of the profile specialty, lack of work experience

I still remember when the representatives of the city parties of organizations "ten-distillers", fifty-thousand people "were sent as chairmen of collective farms, and the graduates of regional secondary school (secondary party schools) went with a bang. I worked for a year or two and went home.

[tihonmarine]

Quote: Blacksmith 55

The problem is that not every politician is able (or does not want) changes

We must be a statesman and think about the country.

[U-58]

Read "Capital" comrade. Marx ...
How right was the old man ..

[rocket757]

Gold is of course .... gold! But, just gold, as a financial instrument, is very questionable !!! Because his influence may be limited by political decisions!
Those. if a powerful, in all respects military, political, financial, group comes out, THIS IS ONE!
And if someone alone, without allies, will try to raise its significance !!! in the span will surely be!
Only the "Golden Union", as the "Union of Coal and Steel" used to be, can seriously rule a lot.

[lucul]

At the same time, it is no secret to anyone that a crisis in the world economy is inevitable - due to the fact that the capitalist system of modernity is so arranged. Crises succeed each other at different intervals. There are many reasons

There is always one reason - loan interest - it is he who creates unsecured money, which, by accumulating, creates the next financial crisis / World War ....

[Ross xnumx]

Quote: lucul

creates unsecured money which ...

The best!
It is unsecured money that is the cause of all crises and recessions in the economy. But, unjustified superprofits are the most important factor of degradation in society and the decline of morality.

[aleks.29ru]

How much gold did RI and the USSR have? And where is it now? I propose to distribute to the population in equal shares. It will be more whole :)

[U-58]

Ideas of Makhno and Sharikov

[Ross xnumx]

Quote: aleks.29ru

How much gold did RI and the USSR have? And where is it now?

I don’t know if you found the times of the USSR when bank tickets of the State Bank of the USSR gave the foreign holder the right to exchange for physical gold according to the declared gold content?
In the CMEA countries (in Poland in particular) it was possible (if it was possible to transport through customs) to buy goods for the Soviet chervonets ...
Tell a story about how:

In 1965, French President Charles de Gaulle demanded the exchange of French dollars belonging to France for gold ...

I will not. There are many pros and cons of authenticity. But, again, there is something about every bike that casts doubt on Fort Knox's consistent gold reserves from year to year:
Gold was exported: the Netherlands - 120 tons, Germany - 300 tons, Turkey - 28, 689 tons ...
The outflow of gold from the United States continues almost without interruption. The reasons are obvious: rising Fed rates, pressure on the euro and other currencies, increased geopolitical risks and Washington’s trade wars against the whole world.
However, the Americans persistently convince the world of the safety of gold ... It's like:
My word is that a bank bill ... It costs no more than the paper on which it was printed ...

[Motivatornick]

only those who have stolen and folded into offshores have a real airbag. So do not rejoice at this gold.

[U-58]

And that is true.
Gold Reserve, Reserve Fund (which has already ended), National Wealth Fund ...
But welfare itself was not there, it is not ...

[MoJloT]

Experts analyze the situation with Russia's gold reserves

Everything is simple here, the prevailing price of gold is maintained at an artificially low level, the United States they spend their dollars on this. Therefore, Russia and China, buying up gold hit the state economy. Therefore, Trump speaks of the need to talk with Russia, it is not possible to keep the price low forever with increasing demand. The higher the price of gold, the lower the world exchange rate of the American currency, this is the Achilles Pita, the Bretton Woods system after the abolition of the gold standard.

[Ros 56]

Throughout the history of mankind, gold was valued above all and it’s not for nothing that people use winged phrases such as golden hands of a person, something is worth its weight in gold, etc.

[Whisper]

And how much gold would there be if all the stolen money was put there?

[Astronaut]

although many economists in the world have ceased to be confident that the United States does have 8,1 thousand tons of gold bars, and not their imitation.

especially if you recall the story of China's purchase of American gold bars in the form of gilded tungsten ...

[Living7111972]

Energy Ruble - Our Future

[Sancho_SP]

Well what nonsense. Factories are needed, not two kilotons of ballast.

In which case, this gold is neither eaten nor burned.

[NF68]

Who knows how much gold there is really accumulated in this or that country. It is unlikely that the leadership of any country will indicate the exact numbers.

[certero]

Quote: g1v2

Further - high pressure pipes, which were purchased in Germany. Well, in 80 they bought quite a lot of consumer goods.

Gas in exchange for pipes. What kind of gold?

[Mister who]

A certain analogy arises, the size of gold reserves is (a little more - a little less) loans on the foreign market, this is obtained in case of capital outflows or unforeseen circumstances - Russia guarantees settlement on them, it turns out that the actual reserves of gold reserves are equal to zero))) how much is available - the same and busy = 0.

[Mister who]

Instead of borrowing in foreign markets, it would be better for the government in Russia to create a fund for public investment in production with AI, with the issue of shares guaranteed by gold security, and production plus income for the people, this will be a prototype of the future, the capital process itself will change, I don’t go to work, and don’t do business, the more I invested - the more I got, robots work hard - and not people.))) Now there is already a need to create such a fund - at the time of the current industrial revolution, there are already first shapes, and people become unnecessary.