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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...