Why is Russia doubling it's gold production ?

[the other mike]

Could they be joining with China to impose a threat to the US dollar ?

Russia’s gold mine production growth to overtake China’s by 2029 – report

Fitch Solutions predicts that Russia’s gold production will grow from 11.3moz in 2020 to 15.5moz in 2029.

www.mining.com

This is from 11 months ago.

Watch out, America: China and Russia are stockpiling gold

This could be the start of those countries’ attack on the dollar.

www.marketwatch.com

 

[Moonglow]

The drop in oil prices makes them desperate for some bling that they can convert to cash...

 

[Toddsterpatriot]

Why is Russia doubling it's gold production ?

Because they're a backward country that can't make anything useful.

 

[keepitreal]

Could they be joining with China to impose a threat to the US dollar ?

Russia’s gold mine production growth to overtake China’s by 2029 – report

Fitch Solutions predicts that Russia’s gold production will grow from 11.3moz in 2020 to 15.5moz in 2029.

www.mining.com

This is from 11 months ago.

Watch out, America: China and Russia are stockpiling gold

This could be the start of those countries’ attack on the dollar.

www.marketwatch.com

Uh, cuz they know what's coming

 

[keepitreal]

Could they be joining with China to impose a threat to the US dollar ?

Russia’s gold mine production growth to overtake China’s by 2029 – report

Fitch Solutions predicts that Russia’s gold production will grow from 11.3moz in 2020 to 15.5moz in 2029.

www.mining.com

This is from 11 months ago.

Watch out, America: China and Russia are stockpiling gold

This could be the start of those countries’ attack on the dollar.

www.marketwatch.com

ALL CURRENCY IS WORTHLESS...MONEY HAS NO VALUE
A reset is in the works, believe that

 

[Natural Citizen]

Uh, cuz they know what's coming

eeeyep.

 

[Dont Taz Me Bro]

They see Donald's debt

 

[keepitreal]

They see Donald's debt

ROFLMFAO

Yeah, ok

And, the national debt is what..$20 something trillion

ROFLMFAO ROFLMFAO ROFLMFAO

Go back to sleep

 

[the other mike]

They see Donald's debt

ROFLMFAO

Yeah, ok

And, the national debt is what..$20 something trillion

ROFLMFAO ROFLMFAO ROFLMFAO

Go back to sleep

Over $26 Trillion actually.

 

[HenryBHough]

Elect any Democrat and watch the treasury start printing $100 bills on rolls with perforations between each. Foods will no longer be priced in $$$ per pound. The new normal will be ROLLS per pound.

 

[the other mike]

Elect any Democrat and watch the treasury start printing $100 bills on rolls with perforations between each. Foods will no longer be priced in $$$ per pound. The new normal will be ROLLS per pound.

I voted for the last Democrat POTUS who stood for the American workers,
Jimmy Carter.

 

[Deplorable Yankee]

Could they be joining with China to impose a threat to the US dollar ?

Russia’s gold mine production growth to overtake China’s by 2029 – report

Fitch Solutions predicts that Russia’s gold production will grow from 11.3moz in 2020 to 15.5moz in 2029.

www.mining.com

This is from 11 months ago.

Watch out, America: China and Russia are stockpiling gold

This could be the start of those countries’ attack on the dollar.

www.marketwatch.com

They need cash money cause thier no oil money
Producers have finally been slashing production ...

Russia counts heavily on oil income ......thats not there right now

 

[the other mike]

They need cash money cause thier no oil money
Producers have finally been slashing production ...

Russia counts heavily on oil income ......thats not there right now

Mining gold is not exactly a cheap process is it ?

 

[keepitreal]

They see Donald's debt

ROFLMFAO

Yeah, ok

And, the national debt is what..$20 something trillion

ROFLMFAO ROFLMFAO ROFLMFAO

Go back to sleep

Over $26 Trillion actually.

Actually we don't really know how much
and at least 3x that amount

 

[Deplorable Yankee]

They need cash money cause thier no oil money
Producers have finally been slashing production ...

Russia counts heavily on oil income ......thats not there right now

Mining gold is not exactly a cheap process is it ?

Just like oil ...it all depends where and how easy it is to get at

 

[the other mike]

Actually we don't really know how much
and at least 3x that amount

Interest alone on our debt is almost $400 billion a year.
( not sure what % they calculate at)

https://www.usdebtclock.org/

 

[22lcidw]

Actually we don't really know how much
and at least 3x that amount

Interest alone on our debt is almost $400 billion a year.
( not sure what % they calculate at)

https://www.usdebtclock.org/

They are paying that interest at artificially low rates. Real artificially low rates. That 400 billion dollars or so could be over two trillion a year or massively more.