Why Putin is buying so much gold

Argentum said:
Article in mainstream media. I guess now that he is portrayed as a bad guy and he is buying so much gold means thats no good. Cause bad guys do bad things ;)
150 tons added this year; 55 tons this quarter out 96 tons bought officially by all central banks. their explanation is due to diversification and the reason they are buying is "same as why anyone else would buy gold"

https://au.finance.yahoo.com/news/why-putin-buying-much-gold-210532064.html
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Why do you think he is a bad guy ? Because you are reading it from a Western media source?
 
i dont think he is a bad guy; i'm pointing out that media paints him as bad and therefore if he stacks more gold for russia that automatically can be construed as bad since "bad guys do bad things"
 
Argentum said:
i dont think he is a bad guy; i'm pointing out that media paints him as bad and therefore if he stacks more gold for russia that automatically can be construed as bad since "bad guys do bad things"
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The media stream will always paint/point it out what they have been told to do so..... they are the.............................. "PRESS TITUTES"
 
Argentum said:
Article in mainstream media. I guess now that he is portrayed as a bad guy and he is buying so much gold means thats no good. Cause bad guys do bad things ;)
150 tons added this year; 55 tons this quarter out 96 tons bought officially by all central banks. their explanation is due to diversification and the reason they are buying is "same as why anyone else would buy gold"

https://au.finance.yahoo.com/news/why-putin-buying-much-gold-210532064.html
Click to expand...

It is not acceptable to pm enthusiasts, but Putin has been buying the Russian gold production, because the producers can't sell the gold outside of Russia. Putin does not want to spend valuable cash adding to gold reserves at the time of a currency crisis, but he basically has no choice.
 
How much gold would western countries buy from Russia even without sanctions? Why couldn't he simply offload it to China or the Arabs?
 
trader10 said:
Argentum said:
Article in mainstream media. I guess now that he is portrayed as a bad guy and he is buying so much gold means thats no good. Cause bad guys do bad things ;)
150 tons added this year; 55 tons this quarter out 96 tons bought officially by all central banks. their explanation is due to diversification and the reason they are buying is "same as why anyone else would buy gold"

https://au.finance.yahoo.com/news/why-putin-buying-much-gold-210532064.html
Click to expand...


Why do you think he is a bad guy ? Because you are reading it from a Western media source?
Click to expand...

Bad guys don't behave like this. Can't imagine Obama do something like this.


http://youtu.be/IOZbXbEEkgA
 
ezekiel 38 is the answer to what's going down.

Putin was placed in power by god to end the world as we know it, only then will we re-set and live in harmony, well, those of us left.

I know it sounds silly but it's just how it's going down.

Everyone should at least watch this long video made at the Adelaide town hall last week explaining ezekiel 38 when you got an hour of downtime to spare.
even though it's a bit boring you will understand a bit of what's going on.

[youtube]http://www.youtube.com/watch?v=vZsLTEHzy0c[/youtube]
 
Hmmmmm so the result of US sanctions is Russia increasing gold holdings? Ahmadinejad was so right when he said "Your sanctions make Iran stronger, learn to better become self sufficient, in the long term, is good for Iran".

Doesn't Russia grow most of its food organically in their own vege patches? Produce lots of PM's? Export a whole heap of gas and fossil fuels? I really don't know how the US can damage Russia through sanctions. And if it actually became a problem surely they could just sell weapons to ISIS, get paid and watch the yanks die without having to risk bugger all.
 
Rinchin said:
Hmmmmm so the result of US sanctions is Russia increasing gold holdings? Ahmadinejad was so right when he said "Your sanctions make Iran stronger, learn to better become self sufficient, in the long term, is good for Iran".

Doesn't Russia grow most of its food organically in their own vege patches? Produce lots of PM's? Export a whole heap of gas and fossil fuels? I really don't know how the US can damage Russia through sanctions. And if it actually became a problem surely they could just sell weapons to ISIS, get paid and watch the yanks die without having to risk bugger all.
Click to expand...

Unfortunately they are food importers, the last I heard they were going to be just fine getting all they the food they need from Montenegro. Ridiculous.

Russia has been mumbling similar things about how great the sanctions will be for Russian culture and industry but it's a nonsense designed to calm people down. Wait until people want a car and have to buy a Lada instead of a Nissan.

Nationalism is the in thing but there is only so long people are willing to accept national pride for lower standards of living.
 
Russia will deliver flying boms to isis :)

People don't bother the government due to not able to drive certain cars.


nobody wants to believe there is a kook in this bird.
[youtube]http://www.youtube.com/watch?v=WA0tP-p7m40[/youtube]
 
miniroo said:
ezekiel 38 is the answer to what's going down.

Putin was placed in power by god to end the world as we know it, only then will we re-set and live in harmony, well, those of us left.

I know it sounds silly but it's just how it's going down.

Everyone should at least watch this long video made at the Adelaide town hall last week explaining ezekiel 38 when you got an hour of downtime to spare.
even though it's a bit boring you will understand a bit of what's going on.

[youtube]http://www.youtube.com/watch?v=vZsLTEHzy0c[/youtube]
Click to expand...

Because religious indoctrination alone isn't dirty enough, lets throw buckets of blatant political propaganda in. It's terrifying there are sheeple who buy it.
 
1oz999 said:
miniroo said:
ezekiel 38 is the answer to what's going down.

Putin was placed in power by god to end the world as we know it, only then will we re-set and live in harmony, well, those of us left.

I know it sounds silly but it's just how it's going down.

Everyone should at least watch this long video made at the Adelaide town hall last week explaining ezekiel 38 when you got an hour of downtime to spare.
even though it's a bit boring you will understand a bit of what's going on.

[youtube]http://www.youtube.com/watch?v=vZsLTEHzy0c[/youtube]
Click to expand...

Because religious indoctrination alone isn't dirty enough, lets throw buckets of blatant political propaganda in. It's terrifying there are sheeple who buy it.
Click to expand...

the video
everything he said is wrong, the bible is wrongly understood. :)

all facts are jumble up, more like a joke and propaganda. one really lost soul :rolleyes: or more like he is above the words of the scripture. The scrip is very clear, but the person has his mind poisoned :P
 
miniroo said:
ezekiel 38 is the answer to what's going down.

Putin was placed in power by god to end the world as we know it, only then will we re-set and live in harmony, well, those of us left.

I know it sounds silly but it's just how it's going down.

Everyone should at least watch this long video made at the Adelaide town hall last week explaining ezekiel 38 when you got an hour of downtime to spare.
even though it's a bit boring you will understand a bit of what's going on.

[youtube]http://www.youtube.com/watch?v=vZsLTEHzy0c[/youtube]
Click to expand...

Isn't it when imposters rule over Israel & ME (happening now)
Then after 7 years of antichrist Gig and Magog ( Iran and Russia) destroy them,

All a load of shit of course
 
alor said:
the video
everything he said is wrong, the bible is wrongly understood. :)

all facts are jumble up, more like a joke and propaganda. one really lost soul :rolleyes: or more like he is above the words of the scripture. The scrip is very clear, but the person has his mind poisoned :P
Click to expand...

If they're very clear, why is there approximately 41,000 different Christian denominations?
 
YAWN.

both Russia and China are buying what ever they can get their hands on in the physical gold market. The more Russia buys the less China can buy.

BOTH know that physical possession of gold is the name of the game.


OC
 
phrenzy said:
Rinchin said:
Hmmmmm so the result of US sanctions is Russia increasing gold holdings? Ahmadinejad was so right when he said "Your sanctions make Iran stronger, learn to better become self sufficient, in the long term, is good for Iran".

Doesn't Russia grow most of its food organically in their own vege patches? Produce lots of PM's? Export a whole heap of gas and fossil fuels? I really don't know how the US can damage Russia through sanctions. And if it actually became a problem surely they could just sell weapons to ISIS, get paid and watch the yanks die without having to risk bugger all.
Click to expand...

Unfortunately they are food importers, the last I heard they were going to be just fine getting all they the food they need from Montenegro. Ridiculous.

Russia has been mumbling similar things about how great the sanctions will be for Russian culture and industry but it's a nonsense designed to calm people down. Wait until people want a car and have to buy a Lada instead of a Nissan.

Nationalism is the in thing but there is only so long people are willing to accept national pride for lower standards of living.
Click to expand...

I'm one unnationalistic bugger but would happily drive nothing but Ladas if it the trade off was an exit from the bankers world markets. Perhaps living in NZ skews my perspective on the food side of things, but I wouldn't get fooled into thinking a hungry country is any weaker.
 
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