Well if Russia collapses then gold probably soars. It probably depends how it happens, but you used the word collapse not mine.
I think you forget the army gets paid in roubles.
Like any other nation he can just print more of them with the backing of additional gold reserves. So he can actually use increased gold reserves to lever the amount of roubles in circulation. Why sell something when you can probably lever off it 10:1 ?
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IS GOld about to get Pounded?, page-14
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The way I see it, options 1 & 2 will be used before the option is resorted to. Don't forget winter is coming up in Europe. If he turns the gas taps off, we might have a few issues... - There are more pages in this discussion • 26 more messages in this thread...