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Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that... by notahacker on Friday April 08, 2022 @05:29AM (#30955009)
> one of the reasons the US now has a weaponized dollar and China and Russia are now openly challenging the reserve currency

Ah yes, people are just flocking to buy roubles as an inflation hedge, and there's definitely no war on.

Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that... by olivermarks on Friday April 08, 2022 @06:21AM (#30955293)
Russia has the biggest goal reserves on the planet, presumably in an attempt to attack the fiat dollar. Hot wars are usually ultimately about money.
Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that... by Cipater on Friday April 08, 2022 @06:54AM (#30955453)
Not only does Russia not have the biggest gold reserves on the planet, they are 5th after the US, Germany, Italy and France.

The US has just about 4 times more gold reserves than Russia and more than double that of Germany in 2nd.

Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that... by olivermarks on Friday April 08, 2022 @06:55AM (#30955460)
Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that... by Cipater on Friday April 08, 2022 @07:02AM (#30955496)
Did you link the wrong article?

Nowhere does it say that Russia has the largest gold reserves on the planet.

Meanwhile:

https://www.statista.com/statistics/267998/countries-with-th...

https://en.wikipedia.org/wiki/Gold_reserve

https://tradingeconomics.com/country-list/gold-reserves

Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that... by olivermarks on Friday April 08, 2022 @07:54AM (#30955818)
https://edition.cnn.com/2022/03/11/business/russia-economy-s... My understanding is that Russia's gold reserves are pretty tangible where the west has some pretty mysterious gold reserves.

I'm a US/UK citizen, I'm not arguing a pro Russia position here just talking realpolitik and geo politics.

Here's a Russian position which arguably gives away that gold and currency control is central to their positions http://thesaker.is/natos-internal-gold-war/

There are endless articles elsewhere questioning whether there really is any gold in Fort Knox etc because gold reserves are the king in the geopolitical chess games

Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that... by Cipater on Friday April 08, 2022 @08:28AM (#30956040)
Your replies are getting further and further away from your original definitive statement that Russia has the most gold reserves on the planet. It's all a bit strange.

Now that we're down to claims about the US lying about its gold reserves I'm afraid I have to check out.

Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that... by olivermarks on Friday April 08, 2022 @09:34AM (#30956594)
Thanks for correcting me, I was wrong about the Statista chart I posted. My point was a broader one about the war for who would control future world reserve currencies, which appears to be between the US, China and Russia right now with Russia making a bit of a hail Mary pass https://www.suissegold.eu/en/posts/russias-massive-gold-accu...