When not only silence is golden

66
When not only silence is golden


An idea that is not in the air


I wonder if anyone other than the authors of this comment ever had a crazy idea. It probably haunts many, but it seems that the matter has not yet come to the point of sharing some thoughts on this matter.



It is no secret that in the mines of Chukotka and Magadan, prospectors are hard at work extracting gold, which, as it turns out, the Central Bank has recently refused to buy from them. Gold prospectors are forced to sell tons of the first of the metals on the London Stock Exchange for dollars.

That is, real gold is given for unsecured green pieces of paper with portraits of presidents and Benjamin Franklin in addition to them. In this case, such gold trading has at least some benefit to the miners. But not the state.

However, there is no use for those thousands of tons that are stored in the basements of the Central Bank of the Russian Federation. They are kept, as we are assured by the Central Bank itself, for a rainy day and at the same time, as it were, symbolize the financial power of the state.

Why do we need the ruble “beyond competition”


In a word, the Central Bank’s gold, into which the gigantic labor of miners has been invested, does not work. Nothing from the word. Meanwhile, the Russian ruble is demonstrating its increasing weakness on the world currency market.

The fact that it has now been slowed down can no longer be taken into account - both the presidential elections and the inauguration are behind us. And the authorities are racking their brains on how to give the ruble a competitive weight. Although recently financiers have been toying with the idea of ​​linking it with the yuan.

What’s even cooler is to create a new reserve currency under the BRICS flag as opposed to the dollar. But the idea, which is sound in essence, has not yet been implemented due to many inconsistencies, including very acute contradictions, not only financial, between the BRICS members.

Not out of fear, but for money


But even without BRICS, there is a fairly simple way to make the ruble a competitive currency in the global financial market, filling it with not virtual, but very real gold content. Starting with a 10-ruble note.

To be specific, its material basis, that is, the paper from which 10-ruble notes are cut, contains a certain share of the finest gold dust, equivalent to the current price of gold on the world market. The current price of an ounce of gold (31,1035 g) is $35, and according to the latest data, gold is rising in price, approaching $40.

Consequently, if now 10 g of gold flour is added to the solution from which banknotes are baked per 1-ruble note, then as the price of gold rises, the purchasing power of the “golden chervonets” will also increase.

Grams per barrel


Banknotes of 1, 2, 3 and 5 rubles can be circulated without gold filling, since they will be in demand only on the domestic market. Only 50, 100, 200, 500 and 1000 ruble banknotes will have a specific gold content.

At the same time, anyone who allows himself to even slightly doubt the real gold content of the chervonets can be convinced of this by turning it into ashes. The ashes are easily blown away, leaving golden flour behind. This will be the guarantee of its strength and strength in the global financial market.

Now imagine what will ultimately happen on the quiet and few people in our years exciting “gold” market. After all, other countries with gold reserves may follow Russia. The hunt for Russian gold chervonets will literally begin.

There won't be enough reserves


But what about the dollar, the death of which anti-globalists have been talking about for decades? And the dollar, as a world reserve currency, will almost immediately lose its influence, and with it the United States, all of whose power lies in the printing press of a private shop - the Federal Reserve System.

For so many years, the Fed has been flooding world trade with unbacked green notes. And everything turns out to be in vain? Although why in vain, because decades of almost complete world domination remain behind. Which, by the way, is still the case.

The United States may also switch to a gold-filled dollar. But what should we do and what will the Federal Reserve do if all countries that keep their foreign exchange reserves in dollars present them to Americans for exchange for gold?

It is unlikely that the United States will have enough gold to solve this problem without costing countries that keep their foreign exchange reserves in dollars. After all, today the world's dollar currency reserves amount to hundreds of trillions of dollars.

In response to our extraordinary idea, many will probably say - nonsense! Or even the ravings of crazy people. Well, let’s answer in the words of Chatsky - “I'm strange, but who isn't? The one who is like all fools».

And any fairy tale, although a lie, has a hint in it. We hinted, but we don’t make decisions.
66 comments
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  1. +11
    11 May 2024 04: 51
    The author of your idea with gold filling of paper money will really appeal to counterfeiters. smile
    Klondike gold.
    1. +1
      11 May 2024 05: 15
      Quote: Lech from Android.
      Author, your idea of ​​gold-filled paper money will really appeal to counterfeiters.

      Explain the wisdom of your thought. You don’t think that gold flour will be mined from the ashes of burned Russian banknotes. The authors also did not think through their proposal. First, you need to decide on the denomination of the Russian currency, and only then solve the problem of Russian chervonets following the example of the Soviet ruble.
      I liked the arguments about the dollar. De Gaulle was the last (not least, of course) person who managed to exchange dollars for rubles... Is there gold in Fort Knox in the stated amount?
    2. +2
      11 May 2024 11: 04
      Central banks are counterfeiters
      Ceterum censeo Washingtago delendam esse
  2. +19
    11 May 2024 05: 01
    Gold content of the ruble? God forbid! How to drop it then? After all, devaluation and inflation are a way to avoid paying people.

    I noticed an interesting correlation a long time ago. As soon as salaries and pensions increase, the wooden one immediately falls. Well done government! And social expenses were raised and no real money was spent on them. Magicians! And as a result of these manipulations, the common man sits and thinks: there is no ax, there is no ruble, and he still owes a ruble!
  3. +9
    11 May 2024 05: 06
    Gold prospectors are forced to sell tons of the first of the metals on the London Stock Exchange for dollars.

    Tell me who gave them this right? These are the same officials who have been keeping Russia's finances and economy stagnant for years, giving away gold (national wealth) in exchange for paper with portraits of American figures...
  4. +6
    11 May 2024 05: 26
    “The USA, whose entire power lies in the printing press” -

    "As the state gets richer,
    And what lives, and why
    He does not need gold,
    When "simple machine" It has" ...
  5. +16
    11 May 2024 05: 56
    I am sure China is not bothered by such problems. Both India and Indonesia. This means that things here are not at all about the dollar. The strongest currency is its own production. And if we live in a capitalist world, then it is necessary to follow all the rules of such a world. We take large capital as our basis. And it is a predator eats up medium and small businesses. Small businesses are not even allowed to sprout before extortion begins. Every formation has its own meanings. And we invent something new. Everything was invented before us. You just need to put your mind and hands to it.
    1. +4
      11 May 2024 10: 04
      But very often, ordinary workers and employees at large business enterprises find it more comfortable to work and receive more money when compared with hired work in a small business. In rural areas, for example, a person working in Miratorg receives a higher salary than someone who is hired, often unofficially, without any registration, to a local farmer.
    2. 0
      12 May 2024 09: 23
      Yes, but they don’t bother me. With free neighboring resources, which also provide that yuan, and not other pieces of paper on the territory of those resources, you don’t have to worry at all.
  6. +3
    11 May 2024 06: 02
    Explain the wisdom of your thought. You don’t think that gold flour will be mined from the ashes of burned Russian banknotes.

    Replace the gold banknote with a regular piece of paper...why not.
    On a national scale, no one will notice this... and if counterfeiters start working in tandem with those who launder black cash... there will be decent volumes of money circulation.
    Did deGaulle exchange dollars for rubles? what
    1. +7
      11 May 2024 09: 07
      Quote: Lech from Android.
      Did deGaulle exchange dollars for rubles?

      De Gaulle exchanged dollars for gold...Loaded them onto a barge and drove them to the United States...So the Americans abandoned the gold content of the dollar. It happened in 1965...
      It is difficult to speculate in gold...It is impossible to transform it from an electronic form into a physical one...That is the only reason that hatred of gold and the gold content of currencies and certificates is brewing among bourgeois speculators...
      1. +2
        11 May 2024 11: 21
        Quote: ROSS 42
        It is difficult to speculate in gold...It is impossible to transform it from an electronic form into a physical one...That is the only reason that hatred of gold and the gold content of currencies and certificates is brewing among bourgeois speculators...

        They speculate very easily and extremely actively. This is the only way gold jumps on the stock exchanges.
        1. +1
          11 May 2024 11: 41
          They speculate very easily and extremely actively. This is the only way gold jumps on the stock exchanges.

          Exactly. Now the gold reserve no longer determines the financial power of the state. Our tons are worth 135 billion dollars; in the West, we left 2,5 of our gold reserves before the Northeast Military District. wink

          And yes, one of the market instruments.

          In the 90s, an acquaintance of mine as a student worked part-time in a kiosk at the station, buying gold and scrap, including scales, everything was as it should be. In the evening, the gypsies came and took it in bulk for a little more money.

          The same song with vouchers. He bought them at one price, when there were 50 pieces, the city buyer came and took them at a higher price, and they took the Moscow ones from him for 1000 pieces even more expensive.

          Everyone can trade. hi
        2. +1
          11 May 2024 12: 17
          Quote: BlackMokona
          They speculate very easily and extremely actively.

          Did you read the message completely? On the stock exchanges they speculate not in physical gold, but in the same pieces of paper that the bankers of Genoa speculated on...
          Quote: BlackMokona
          It cannot be converted from electronic form to physical form...

          You can’t print physical gold on a printer... And speculation is the main activity under capitalism... Take my word for it...
          1. -1
            12 May 2024 07: 30
            Quote: ROSS 42
            Did you read the message completely? On the stock exchanges they speculate not in physical gold, but in the same pieces of paper that the bankers of Genoa speculated on...

            On which the price of physical gold directly depends.
      2. +1
        11 May 2024 11: 36
        Quote: ROSS 42
        It's hard to speculate in gold...
        Not a question at all.
        Quote: ROSS 42
        It cannot be converted from electronic form to physical form...
        Therefore, those who begin to demand physical gold, and not the difference between the purchase and sale prices, are kicked out of the exchange so that the business is not spoiled.
        1. +1
          11 May 2024 12: 20
          Quote: bk0010
          not the difference between the purchase and sale prices

          Navar? Spread? This is why the dollar system will collapse...
  7. +3
    11 May 2024 06: 45
    It is unlikely that the United States will have so much gold
    It's true. But the Americans have gold in storage from 60 “allied” countries, which, in case of emergency, they can use for their own purposes without blinking an eye and consider it legal. Or they will do the same as with the German bullion, some of which, when checked, turned out to be fake.
    In response to our extraordinary idea, many will probably say - nonsense!
    And they will probably be right in some ways.
  8. +6
    11 May 2024 06: 49
    Isn't our gold under sanctions? Diligently, by the sweat of their brow, they extracted only 310 tons. Why does the Central Bank of the Russian Federation buy gold at the height of demand and the maximum price? Our entire gold reserve of 2300 tons is only a percentage of our GDP. Yes, the article deserves a Nobel Prize in economics. laughing
    1. +5
      11 May 2024 07: 07
      And the price of gold is set in London, they are the commanders-in-chief of the world's gold troops.
      1. +2
        11 May 2024 09: 12
        Quote: tralflot1832
        And the price of gold is set in London, they are the commanders-in-chief of the world's gold troops.

        While gold-mining countries are selling gold on the market...If they stop selling, this gold price determiner will be covered in a copper basin...It is not mined in GB...
        1. +7
          11 May 2024 09: 49
          I absolutely agree with you. It is imperative to block the access of our gold to the London Stock Exchange. This is just nonsense: leaving pricing to the enemies. All gold mined from us must be sold here. By the way, I hope that the Supreme Commander will finally take charge of the Central Bank. A lot of questions have accumulated for him...
        2. +1
          11 May 2024 11: 37
          Quote: ROSS 42
          While gold-mining countries are selling gold on the market...If they stop selling, this gold price determiner will be hit with a copper basin...
          No. They have been selling electronic gold there for a long time, but for trying to get physical gold they are kicked out.
      2. +3
        11 May 2024 10: 26
        Quote: tralflot1832
        And the price of gold is set in London

        There are several gold exchanges in the world. The idea of ​​adding gold to banknotes is interesting, but not practical. Western sanctions may affect exchanges where the Russian Federation sells gold for other currencies. Therefore, the scheme is optimal - banknotes (currency) of a country can be exchanged for physical gold in the banks of this country. The Central Bank of the Russian Federation obliges banks to have a reserve, why not issue a gold coin for this?
        For international trade, an agreement is needed with the BRICS countries on the issue of a single currency of these countries. But such a currency must have competitive advantages over other currencies. Let it be backed by gold. India (like another BRICS country), for example, in order to receive a certain number of banknotes, must provide gold to the BRICS bank, and make international payments with these banknotes. The BRICS currency can be either physical in the form of banknotes or digital, in the form of a unique combination on the Block Chain (Ledger) platform. What will it give ? Independence from Western financial institutions. hi
        1. +3
          11 May 2024 11: 21
          The Central Bank of the Russian Federation obliges banks to have a reserve, why not issue a gold coin for this?

          Yes, and not alone. Sberbank sells them freely. And ingots too. bully
          1. +3
            11 May 2024 11: 24
            Quote: Arzt
            Yes, and not alone. Sberbank sells them freely. And ingots too.

            Coins sold in banks are a surrogate consisting of gold and other metals laughing 999 fine bars are recognized as monetary gold. A good investment for a rainy day. hi
            1. 0
              16 May 2024 20: 54
              Coins sold in banks are a surrogate consisting of gold and other metals

              Not at all, made of high standard gold. There is another problem with gold coins: when banks sell and buy gold coins, taking advantage of their virtual monopoly on the sale of gold, they take a large margin (the difference between sales and purchase prices), so it is not profitable to buy gold coins - you will have to sell them much cheaper. The idea of ​​making the ruble filled with gold is quite sound, i.e. the state bank must guarantee the issuance of a certain amount of gold per ruble (such as the Bretton Woods system). The Bretton Woods currency system was based on a fixed price of gold ($35 per troy ounce).
              There is no need to add gold dust to banknotes. The main problem is where to get so much gold? Overseas residents have accelerated inflation so that the money supply is many times greater than the total reserves of gold. To be honest, I’m not an expert in this matter and I don’t know how to solve this problem.
              1. +1
                16 May 2024 21: 45
                Quote from Andy_nsk
                Overseas residents have accelerated inflation so that the money supply is many times greater than the total reserves of gold.

                The conversation is not about filling or pegging the ruble to gold. This is not necessary for internal payments within the country. But for international trade, you need a currency not controlled by the US Federal Reserve, other than the dollar. My proposal is to call it “Brix”, and to make it attractive, provide it with gold, and print exactly as many of these banknotes as there will be gold in the BRICS bank vault. This will not allow you to simply print banknotes. Considering that the gold market is developed in the world, I don’t think that everyone will rush to exchange Brix banknotes for gold. If you want to change it, it’s easy, but each banknote must be checked before exchange. Some of the new currency can be issued in banknotes, some in digital form on the Block Chain platform, such as Bitcoin, but it will not be possible to “mine” it, since its unique number can only be issued by the BRICS bank; the system simply will not accept all other numbers . hi
              2. 0
                16 May 2024 21: 54
                Quote from Andy_nsk
                Not at all, made of high standard gold.

                Read reviews from people who bought into it. The bank speaks honestly - this is not a gold coin, it is an investment coin. hi
                1. +1
                  16 May 2024 23: 37
                  Quote from Andy_nsk
                  Not at all, made of high-grade gold

                  I was wrong . feel Gold coins sold in Russian banks are 999 fine. But conducting international trade by paying in gold coins is not very convenient. These are more like home gold and foreign currency reserves. hi
                2. 0
                  Yesterday, 03: 12
                  What does this have to do with reviews? - they did chemicals. analysis?
                  Investment coin "St. George the Victorious".
                  https://m.youtube.com/watch?si=Vwtt7hJkuJgxBhGy&v=CaiF3JZlymc&feature=youtu.be
        2. +1
          11 May 2024 11: 22
          Quote: fif21
          Let it be backed by gold. India (as well as another BRICS country) for example

          Then the currency will be in deflation, and all BRICS countries are extremely active in taking advantage of inflation.
          1. 0
            11 May 2024 11: 33
            Quote: BlackMokona
            Then the currency will be in deflation, and all BRICS countries are extremely active in taking advantage of inflation.

            laughing And they fight inflation in various ways, including the sale of Western currencies (buying up excess money supply). The concepts of inflation and deflation are more suitable for the state of the economy. Deflation is easier to fight than inflation. Ask any economist what is better - the Central Bank rate of 16% or 0,5%. request
            1. +1
              11 May 2024 11: 39
              Quote: fif21
              And they fight inflation in various ways, including the sale of Western currencies (buying up excess money supply). The concepts of inflation and deflation are more suitable for the state of the economy. Deflation is easier to fight than inflation. Ask any economist what is better - the Central Bank rate of 16% or 0,5%.

              How to fight deflation under the gold standard? It will be very interesting to listen.
              1. -2
                11 May 2024 11: 44
                Quote: BlackMokona
                How to fight deflation under the gold standard? It will be very interesting to listen.

                Right now, I’ll drop everything and start taking bread from the HSE professors. wassat
                1. 0
                  12 May 2024 07: 34
                  Quote: fif21
                  Right now, I’ll drop everything and start taking bread from the HSE professors.

                  You don’t know, and no one in the world knows the normal recipe. You can, of course, destroy your economy or give birth to the philosopher's stone by magic. But if no one likes the first option at all, then the second is simply fabulous hi
                  1. 0
                    12 May 2024 08: 50
                    Quote: BlackMokona
                    You can, of course, destroy your economy or give birth to the philosopher's stone by magic

                    There is no need to destroy anything. You need to “fit” into a system that is trying to reject you. Figuratively, there are solar systems, there are comets. There is no need to destroy solar systems, you need to add your own “comet”. So in our case, countries are economic systems with their own means of payment, their own economy, their own business. And currency is a means of paying for goods between systems. Payment for goods between systems with national money is possible, but it ensures payment only between two systems, and the economic systems of BRICS, SCO .... are multi-system. hi
                    1. 0
                      12 May 2024 09: 12
                      Quote: fif21
                      There is no need to destroy anything. You need to “fit” into a system that is trying to reject you. Figuratively, there are solar systems, there are comets. There is no need to destroy solar systems, you need to add your own “comet”. So in our case, countries are economic systems with their own means of payment, their own economy, their own business. And currency is a means of paying for goods between systems. Payment for goods between systems with national money is possible, but it ensures payment only between two systems, and the economic systems of BRICS, SCO .... are multi-system.

                      You see, in order to avoid deflation, the amount of gold needs to increase along with economic growth. Exactly below each other. And this is a little physically impossible, without hitting yourself in the balls of the economy.
                  2. 0
                    12 May 2024 09: 11
                    Quote: BlackMokona
                    You don’t know, and no one in the world knows the normal recipe.

                    No one is seriously addressing this issue. Inflation is a shortage of goods and services. Deflation is an oversupply of goods and services. The methods of dealing with these phenomena are the same, only in one case the “nuts” are tightened, in the other the “nuts” are unscrewed. The goal is to achieve a balanced economy. The ideal is 0%, +/- 3%, everything else is abnormal and requires regulatory intervention. hi
                    1. 0
                      12 May 2024 09: 13
                      Quote: fif21
                      No one is seriously addressing this issue. Inflation is a shortage of goods and services. Deflation is an oversupply of goods and services. The methods of dealing with these phenomena are the same, only in one case the “nuts” are tightened, in the other the “nuts” are unscrewed. The goal is to achieve a balanced economy. The ideal is 0%, +/- 3%, everything else is abnormal and requires regulatory intervention.

                      And this twisting of the nuts is only possible with a printing press with unlimited emission. With the gold standard, the Central Bank instantly loses all reserves and the valve breaks
                      1. +1
                        12 May 2024 09: 29
                        Quote: BlackMokona
                        And this twisting of the nuts is only possible with a printing press with unlimited emission.

                        The US Federal Reserve did this, the result is systemic crises, bubbles, astronomical debt.
                        Quote: BlackMokona
                        With the gold standard, the Central Bank instantly loses all reserves and the valve breaks

                        For some reason, until 1975, the US Federal Reserve did not lose all the gold reserves that back the dollar. And if the founding fathers of the Federal Reserve System had made a separation between the “golden” dollar and the US dollar, they would not have caved in under pressure from the US Government to uncontrolled emission. hi
                      2. 0
                        12 May 2024 09: 35
                        Quote: fif21
                        The US Federal Reserve did this, the result is systemic crises, bubbles, astronomical debt.

                        Systemic crises are the norm in capitalism. Stages of cleaning from dead and ineffective companies are required. Part of working mechanisms. A bubble is a common problem of the human psyche; crises burst bubbles in this boiling water of activity. The astronomical debt is not with the Fed, they have a lot of trillions in their accounts, but with the US government. It's not the Fed's problem, it's the problem of populism in politics.

                        For some reason, until 1975, the US Federal Reserve did not lose all the gold reserves that back the dollar. And if the founding fathers of the Federal Reserve System had made a separation between the “golden” dollar and the US dollar, they would not have caved in under pressure from the US Government to uncontrolled emission. hi

                        Because when necessary it was canceled. As examples
                        1933 - abolition of the gold standard in the United States and the introduction of a freely floating dollar exchange rate, the forced exchange of gold for paper money.
                        August 15, 1971 - US President Richard Nixon announces a temporary suspension of the convertibility of the dollar into gold.

                        Therefore, the gold standard already existed then, purely for status. And as soon as you wanted to exchange a lot of gold dollars for gold, the gold standard immediately ended until you calmed down and pulled yourself together. wassat
    2. +2
      11 May 2024 11: 34
      Quote: tralflot1832
      Isn't our gold under sanctions? Diligently, by the sweat of their brow, they extracted only 310 tons. Why does the Central Bank of the Russian Federation buy gold at the height of demand and the maximum price? Our entire gold reserve of 2300 tons is only a percentage of our GDP. Yes, the article deserves a Nobel Prize in economics. laughing

      In addition, the author incorrectly indicated that gold is not purchased from our mines, although the Central Bank of the Russian Federation resumed its purchases for reserves back in February 2022, that is, 2 years ago. request
      https://cbr.ru/press/pr/?file=27022022_183259SUP_MEAS27022022_183757.htm
  9. +9
    11 May 2024 06: 58
    In response to our extraordinary idea, many will probably say

    Your team of authors has already written here on VO how the “gas” ruble will tear up all the currencies of the world.. Now, new “tales of the Vienna Woods, I heard in the movies” (c)
  10. +4
    11 May 2024 07: 01
    It’s not about gold or the ruble or even the dollar, but about those people who rule Russia.
  11. +4
    11 May 2024 07: 24
    any fairy tale, although a lie, contains a hint

    There is a hint in the tale - a moral. What was in the article???
    1. 0
      11 May 2024 09: 14
      Quote: Vladimir80
      There is a hint in the tale - a moral. What was in the article???

      The article only contains a term and the right to parole... lol
  12. +6
    11 May 2024 07: 40
    one 10-ruble banknote 1 g of gold flour, then as the price of gold rises there will be

    And in the five thousandth then half a kilo? Cool . Does the author compensate for the wear and tear of banknotes with the loss of gold? Nonsense .
  13. +7
    11 May 2024 08: 11
    Consequently, if now 10 g of gold flour is added to the solution from which banknotes are baked per 1-ruble note, then as the price of gold rises, the purchasing power of the “golden chervonets” will also increase.

    That is, in a hundred-ruble note - 10 grams, in a five-hundred-ruble note - 50 grams, in a thousand-ruble note - 100 grams. Accordingly, a bank pack of hundred-ruble banknotes will weigh 10 kilograms, five-hundred-ruble notes - 50 kilograms, and hundred-ruble notes - a hundredweight. Money will be loaded by forklifts and transported by heavy vehicles. A buyer who drops a wallet weighing several kilograms on his leg immediately gets a fracture. But a thief with a wallet will not be able to escape.
    It seems that the site claims to be a serious resource, but publishes outright delirium.
  14. +2
    11 May 2024 08: 24
    The hunt for Russian gold chervonets will literally begin.
    Well, what difference does it make whether to sell it on the London Stock Exchange or add it to the paper? they will buy paper, they will give you unfinished candy wrappers.... lol
  15. +3
    11 May 2024 08: 49
    BULLSHIT!!! What is RUR 5000 made from?
  16. +1
    11 May 2024 09: 12
    To be specific, its material basis, that is, the paper from which 10-ruble notes are cut, contains a certain share of the finest gold dust, equivalent to the current price of gold on the world market.

    And what's the point? The most obvious consequences, in my opinion:
    1. The ruble exchange rate is skyrocketing, export industries are going bankrupt, imports are crowding out domestic producers.
    2. Instant washout of all gold reserves from the Central Bank's reserves.
    In general, the stupidest idea from a couple of pseudo-economists, whom VO continues to publish with tenacity worthy of better use.
  17. +1
    11 May 2024 10: 09
    Pure idealism.
    gold? give to the population? what are you talking about?
    While it lies in the basements, it belongs to the owners of the country. They will do what they want.
    How about sewing it into banknotes?
    How then to convince the population that inflation is good? (as the Kremlin, the elite, the propagandists say)

    Additionally: the Chinese will also buy them all and extract the gold.
    1. +1
      11 May 2024 11: 06
      Pure idealism.
      gold? give to the population? what are you talking about?
      While it lies in the basements, it belongs to the owners of the country. They will do what they want.
      How about sewing it into banknotes?
      How then to convince the population that inflation is good? (as the Kremlin, the elite, the propagandists say)

      Additionally: the Chinese will also buy them all and extract the gold.

      No problem.

      Today's "George the Victorious" in gold content is approximately the same as the Soviet "Sower" of 1922.
      Anyone can buy themselves a piece of the Gold Reserve. laughing
      At the same time, estimate the ruble exchange rates, etc.

      But I personally don’t recommend it, because buying coins and bars according to documents, which means that your beloved state will remember your little gold. wink

      It’s better, in Soviet style, to string wedding rings onto a bundle of Pravda newspaper. laughing

      And the chances of being killed when sold on the black market are much lower. bully
  18. +3
    11 May 2024 10: 20
    The authors!
    Adjust the price of an ounce of gold. It's clearly not $35.
  19. +1
    11 May 2024 11: 25
    At the same time, anyone who allows himself to even slightly doubt the real gold content of the chervonets can be convinced of this by turning it into ashes. The ashes are easily blown away, leaving golden flour behind.

    It depends what the temperature is. laughing
  20. -1
    11 May 2024 12: 31
    I think Putin’s visit to China will give answers to some questions about the future, and maybe the start of something like that.
    But not the gold ruble, of course.
    Something else, the BRICS currency, perhaps, digital and purely calculated, like the ECU in the European Union at one time.
    Fortunately, the Brix countries now, by any calculation, have a larger share in world trade than the then EU. The BRICS candidate countries will also support, and there will be serious volumes.
    And it depends on China, it’s not for nothing that American and European people frequented there, and China swept through the supporting countries of Europe. France was invited to participate, and there are reasons for this, after all, France is not the Anglo-Saxons, and they do not have the Fed or the Bank of England, but they do have the colonial franc, which covers quite a lot of states, which can be combined with the BRICS currency.
    And so that no one indulges, especially with foreign flags - exercises of nuclear non-strategic forces, so that the degreased patient behaves calmly. And this is the EU first and the States second.
  21. 0
    11 May 2024 13: 25
    Well, gold, of course, can be used indirectly in international payments. But this requires an agreement between several leading countries with the establishment of a bank whose capital has a large share of gold. But reaching an agreement is not so easy. But within the country this is an unnecessary undertaking.
  22. +4
    11 May 2024 15: 40
    The money supply in Russia amounts to 103 trillion. rubles, of which cash - 18.5 trillion, the rest in settlement and bank accounts of banks and enterprises.
    Russia's gold reserves total 2.3 thousand tons, with a gold price of 7 thousand rubles. per gram, this amounts to 16 trillion. rub. Thus, the currency cannot become “hard” again - for this there is too little precious metal, firstly, and secondly, gold is the same object of speculation as everything else and its price is not stable.
    As for the proposal to make banknotes containing gold, this is an ideal way to destroy gold reserves - banknotes deteriorate, wear out, and get lost. The average lifespan of a 2 bill is only 5 years, and a 5 bill is XNUMX years.

    There is and will not be an alternative to freely convertible currencies, the yuan is not a freely convertible currency and accepting payment in yuan would make Russia a raw material appendage of China.
  23. +5
    11 May 2024 17: 44
    the authors of the article are dreamers and drug addicts
  24. 0
    12 May 2024 18: 34
    Why did you decide that the main US debt is external? Their main debt is internal, so here they are somewhat better insured against presentation of payment by everyone at once, and even in gold)))
  25. 0
    13 May 2024 11: 17
    The current price of an ounce of gold (31,1035 g) is $35, and according to the latest data, gold is rising in price, approaching $40.
    Uh-uh, a triple ounce actually costs $2300 ($75 per gram)............
  26. 0
    13 May 2024 14: 23
    If you tie the national currency to gold, its exchange rate will float the same as the price of gold itself, or close. Then the Central Bank will lose the ability to control the exchange rate, which in general it is doing now. The economy is sick - the ruble exchange rate has dropped - it’s like medicine, not very tasty, but it heals. The gold standard died half a century ago along with the old economy. It is important for us that the yuan becomes a full-fledged reserve currency - then many questions will disappear.
  27. LCA
    0
    13 May 2024 17: 04
    There are not many options for the goals of functioning of the economic system of society - only two.

    1. Either the economy works for the benefit of everyone and for social development in a biospherically safe way.

    2. Either the economy works for the interests of a parasitic oligarchy (domestic and transnational), and all others who are not part of the oligarchy are one of many economic resources, and the norms of the internal corporate ethics of the oligarchy do not apply to them (as resources).

    Each of these vectors of goals requires sociological and economic theories that are appropriate in relation to it, determining the mode of functioning of all means of macroeconomic management.

    + + + + + + + + + + + + + + + + + + + + + + + + + + + +


    Opportunities for interstate economic cooperation are connected with the problem of fears of the loss of sovereignty by member states, and above all financial and economic sovereignty.

    In the past, there were two options for organizing international trade:
    -----------
    1. The construction of the national currency of the most powerful state in the rank of international means of payment. This gave rise to claims against the state issuing this currency, since its issue is the unearned income of this state, while other states participating in the international trade system must sell something in order to create their foreign exchange reserves.
    2. Direct currency conversion in mutual trade between the two states. In this case, problems arise as a result of exchange games in the foreign exchange markets.

    === === ===

    A third option is possible, which does not threaten the sovereignty of any of the system participants and protects all of them from games in the currency markets. International trade is served by a currency that does not belong to any of the states participating in the system - a transstate payment unit (for example, BRICS).
    --------------------
    The payment units of each of the states exclusively serve its domestic trade. If you need to make purchases of something abroad, your own payment unit is converted into a trans-state at the first stage, and at the second stage the trans-state is converted into a payment unit of the state of the system’s participant in which it is supposed to make purchases.
    -----------------
    To exclude speculation in currencies and thereby ensure the stability of the real sector of the economy of the member states, the conversion of state payment units into trans-state and back into state ones can be carried out at a fixed rate established on the basis of a comparison of ENERGY STANDARDS for the provision of convertible payment units.
    ===============




    The formation of a stable financial system, like the construction of a house, must begin from the very foundation.

    In economics, the foundation on which the financial system is built is the price list invariant.

    The presence of a price list invariant—a good, the quantity of which measures the prices of all other goods—is an objective fact of the credit and financial system (CFS) of the entire modern civilization.

    In the future, the energy standard for any payment unit will be determined by the ratio:

    annual volume of electricity production/consumption to the volume of means of payment in circulation.
    Accordingly, it becomes possible to fairly determine the mutual exchange rate through the energy invariant of the price list.

    By agreement, various options for calculating the energy standard are possible (through production, consumption of electricity or standard tons of fuel), but linkage to energy volumes in one form or another is mandatory.

    Secondly, the emission policy needs to be changed. This is a necessary measure when introducing an energy invariant price list. We need to change the principles of issuing our currency.
    After the transition to blockchain accounting, it will be possible to move from the current financial-accounting approach (when accounting is done in currency denominations) to a strategic planning system based on an organizational and technological approach (when the focus is on accounting and planning the economy in physical terms, and not in financial).

    The consequence of such a transition will be the building of sustainable technological chains built into the biosphere.

    To achieve this, a balanced application of plan and market is necessary.

    A plan is a set of goals of the production system, means and methods for achieving them,

    the market is only one means of achieving these goals.

    And to set up their totality, the correct combination of directive-targeted and structureless methods of regulation and self-regulation of the economic system is necessary.


    The price list invariant (kWh) is a commodity product participating in a product exchange along with other products, the quantity of which calculates the prices of all other goods and all costs (the price of an invariant is always equal to one) - hence the name of the term.
    -------------
    Payment unit energy standard = annual electricity production (total capacity of existing power plants) / money supply in circulation.
    -----------------
    The price list base is primary energy carriers, tariffs for energy consumption, transport tariffs ... It is necessary that the price list base be determined by its composition, and the prices for the products included in it should be fixed.
    -------------------
    The absolute exchange rate of a monetary unit is:
    - the standard of its energy supply;
    - The concept of state energy potential management (technologies, production spectra);
    - quality management by this concept.
  28. 0
    15 May 2024 15: 00
    Author, you are completely “off topic”, apparently. The London Mercantile Exchange has not accepted Russian gold for sale since 2023; in addition, our Russian refineries, as part of the same sanctions, lost their Good Delivery status, which automatically closes the opportunity to trade gold with other countries on the London and other exchanges big eight. That is why now the Russian Federation, together with India, China and Iran, is trying to create its own certification system...
  29. 0
    16 May 2024 20: 31
    What nonsense, unprofessional. Starting with the statement that a troy ounce costs 35 bucks. Today it costs around $2400.