RUSSIAN Gold Meltdown

Video Description

Visit today's sponsor https://strawberry.me/joeblogs to get 50% off your first coaching session. Please check out my latest food video: Wetherspoons Vindaloo Made Me Cry! https://youtu.be/HKIw3m7v7Hs The Drunken Duck video has not been published yet but is coming very soon! If you would like to support the Channel: https://www.buymeacoffee.com/JoeBlogs https://www.patreon.com/joeblogsYT YouTube Membership - https://www.youtube.com/channel/UCjniKviAJH0mENoLStpQXmQ/join YouTube Super Thanks (click below) Russia is now relying on one final financial lifeline: gold. When the West froze half of Russia’s foreign reserves in 2022, the Kremlin lost access to hundreds of billions of dollars overnight. Oil and gas revenues fell under sanctions, the ruble collapsed, and the federal budget was pushed deep into deficit. Only one asset remained fully untouched — the gold Russia stores inside its own borders. In this video I break down the full story of how gold is keeping Russia’s economy afloat: – How much gold Russia really holds – How the reserves have changed since the war started – How much gold Russia mines every year – The value of that production – The secret African gold pipeline – The 230+ tonnes Russia has already sold – Why the National Wealth Fund is being depleted – How the Central Bank is now selling physical gold – How gold is turned into cash and rubles – Who buys Russian gold – How the proceeds support the economy and the war – And how long this strategy can last Russia has one of the biggest gold industries in the world — but it is now burning through its reserves to keep the financial system alive. How much time is left before this strategy runs out? Let’s take a look. For specific details please check out the CHAPTER list below. Chapters: 0:00 Intro 1:05 GLOBAL RESERVES 2:08 GOLD BULLION 3:55 RUSSIAN RESERVES 5:48 SALES 7:04 SUMMARY & CONCLUSION #russia #ruble #russianeconomy #donaldtrump #globalrecession #russianoil #gdp #rouble #ukraine #uk #pricecap #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR310