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I'm pretty sure the Chinese will happily accept gold from Russia...

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Ocram69

592 Posts.

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08/03/22

18:17

Post #: 60065759
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Originally posted by Skol: ↑

Not much fun for Russians...

We're always hearing from goldbugs about how there's going to be hyperinflation. It's all BS of course, except there's about a 90% chance of hyperinflation in goldbug hero Vlad's domain.

The ruble imploding 31.4% overnight.. 12,000 dead Russians in 10 days, the ruble worthless, civil unrest and hyperinflation on the horizon.

Even the Russian gold is worthless until someone manages to extricate it from Russia, melt it down and re-stamp it with LBMA marks, and that'll never happen.

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I'm pretty sure the Chinese will happily accept gold from Russia in exchange for goods. After all trade between the two countries is set to explode and both countries are happy to trade outside the USD, then there is India. Simple argument for a simple mind.
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