Half of their central bank gold reserves they cannot access now. Way to go, dummies! Even for their own gold very few buyers and they are trying with 20 percent discounts!
Putin is a such genius!
Also – apparently the Russian government will begin, if they haven't started, raiding safety deposit boxes belonging to regular bank customers. Probably looking for USD and EUR cash.
— Igor Sushko (@igorsushko) March 13, 2022
I see lots of interest in getting Gold at 20% off in Twitterverse. One asked how. Let me explain:
You'd need to personally show up in Moscow with cash since bank transfers don't work. And there are no planes. All of your cash will be stolen at the border as you enter Russia. END— Igor Sushko (@igorsushko) March 13, 2022
h/t CouldBeRight