Russia sold 14.2 TONS of GOLD in just 2 months did Putin doom Russia?

[strateguy632]

Russia sold an additional 5.7 TONS of gold in February this added to 8.5 tons of gold sold in January. Who bought it? This totalled 14 tons in just 2 months! Showing Russia is faltering financially. did Putin doom Russia?

https://www.msn.com/en-in/money/news/russia-sells-gold-bars-for-first-time-in-25-years-to-fund-budget-deficit-amid-high-military-spending-report/ar-AA1ZvNVP

[strawberryapple]

Sounds like they’re getting desperate and running out of money. And if every country would’ve boycotted their products, they would’ve ran out of money long time ago.

[strawberryapple]

Thanks for the MHO.

[RavVid]

Indicates Russia has run through it sovereign wealth. China is a big purchaser of gold. They are possibly refusing to take their crappy yuan in payment from Russia.

[ohsheeT]

14 tons is worth about 2 billion dollars and when gold hits it's peak that 2 billion could have made 10 to 15 billion maybe

[exitseven]

Was this the gold that President Trump had on big cart in the White House?

[strateguy632]

:) :)

[noohair]

Putin doomed Russia when he went to war...