pull down to refresh

10 sats \ 2 replies \ @Undisciplined 27 Mar \ parent \ on: Russia, India, and China Gold Reserves charts_and_numbers
Oh, that would be more than I thought. Still, I think there must be large sellers for those countries to accumulate that much, so quickly.
write
preview
131 sats \ 1 reply \ @oliverweiss 27 Mar
Also, I personally don’t trust any numbers that Russia publishes. I am pretty surely they do buy. On the other hand they had to sell a couple of times in the past to intervene for their falling currency. A big chunk of their gold is actually not in their possession (but in the UK and other places) and so it is not clear whether they will see it again.
reply
10 sats \ 0 replies \ @Undisciplined 27 Mar
That's a good point. I think a lot of the countries who are storing their gold with the US government probably won't see it again either.
reply