Lol, Vladolf Putler just can't stop taking L's. First they lose a war against a weaker smaller neighbor, and now they can't even buy or sell gold on the international market:
It will be a CRIME for any US citizen or institution to trade in gold with Russians. Foreign citizens will also face US sanctions or even prosecution/extradition if they trade in Russian gold. This cuts off Russia from one of its most important commodities markets.
>Treasury Secretary Janet Yellen was set to meet with US lawmakers Wednesday to discuss a possible freeze on Russian reserves of gold.
>The move comes after several lawmakers introduced the Stop Russian GOLD Act, meant to target Russia's ability to sell its gold reserves to avoid the impact of sanctions.
>Current sanctions on Russian elites, the country's Central Bank, President Vladimir Putin and other measures do not impact Russia's gold stockpile, which Putin has been accumulating for several years. Russia holds roughly $130 billion in gold reserves, according to lawmakers.
china has one of the biggest gold reserves on the planet. all this would do is cucking precious metal traders from the western world and strengthen russia-china trade lmao
Jaxon Campbell
Yeah good luck niggers
Evan Nelson
so, are they considering doing it or have they done it already?
Leo Sanders
The US is absolutely overplaying its hands. Its not as powerful as it think it is and other countries already started to act upon it. This Ukraine thing will be not blow in Russias face but the US's. Just watch and see.
Aaron Barnes
theyll sell to china or india which will just further entrench their respective economies... are our politicians fucking retarded?
Asher Ramirez
>Muh Gold Russia can just mine it.
Henry Powell
>Sell some gold in China if we need it >Keep the rest for ourselves >Russians buy what they want from China from this gold Good luck with muh stronk suntions.
Jeremiah Anderson
God damn we have a short sighted and stupid government. In next week's news: "Russia announced they are only willing to accept Ruble, Yuan, or gold in exchange for oil. The Euro and US dollar will never be accepted for trade with any country." And our own currency will suffer dramatically. Saudi Arabia is already trading outside of it, and Syria is looking strongly at doing so as well. These are just the beginning dominoes. If they start a cascade effect on other countries like Iran, China, or India it could realistically have catastrophic effects for the dollar.
Jaxson Edwards
Top fucking kek this
Jackson Scott
This confirms it, the USD won't be a reserve currency within months I hope you loaded up PMs or at least crypto, gonna be a rough ride
Kevin Rivera
Hasnt russia been building up its gold reserves over the past 15 years and now has one of the largest gold reserves?
Liam Baker
Yes, they are retarded
Aaron Davis
USA is ruled by actual retarded geriatrics. This is flat out fucking embarrassing
Tyler Nguyen
>First they lose a war against a weaker smaller neighbor Must be why that weaker neighbor is arming children and other civilians, as well as is screaming for help towards NATO every day. That means they've won already.
Tyler Lee
It's demolition. There's no way they aren't aware.
Angel Clark
US is a nobody at this point on the international stage. No one cares what this shithole says
Angel Myers
Russia will sink the US in 5 years. Damn our elite is so beyond incompetent I wonder if they are intentionally destroying America
Owen Peterson
Whatever retard, I smashed the like and sub buttons so hard they'll be in moscow tomorrow
Thomas Reed
Chinese who trade in Russian gold would be subject to arrest and extradition to the US from any country on friendly terms with the US. A Chinese investor takes a trip to Singapore? BAM! Arrested at the airport, extradited to America, and raped to death by huge negroes. That's why these sanctions work.
Holy SHIT HOPE YOU GUYS BOUGHT ASIA BROADBAND (AABB)
Chase Martin
boy that's a pretty faggy acronym
Andrew Cruz
US can't do anything. You lost.
Adam Campbell
That's not going to happen
Lucas Richardson
You think China gives a fuck? Holy shit we are doomed. Literally the countries that make nothing and buy everything are going to sanction the countries that make everything and buy nothing.