Russia is getting rid of gold ahead of sanctions against the precious metal

22 2022 June 10

The negative, coupled with social fatigue from the Ukrainian topic in general and the sanctions bacchanalia in Europe as a whole, takes unimaginable proportions. Ordinary Europeans felt the anti-Russian measures more strongly than the Russians themselves, so they are justifiably afraid of new packages. However, the European Commission can no longer be stopped: the next step is the development of the seventh package of sanctions, which, at the request of Berlin, will not be numbered and called the becoming “forbidden” word.

The actual work on new restrictions in relation to Russia has begun, but it is called "work on bugs and ways to circumvent restrictions." This is reported by Reuters. An EU summit scheduled for June 23 is expected to reaffirm commitment to further restrictions. This time, the object of influence, according to the source of the agency, will be Russian gold. The choice of the precious metal as an object of restrictions was the result of a search for sectors that could still be sanctioned.

In this case, the EU does not risk anything, besides, it reassures the public that, relatively speaking, the "seventh package" does not touch upon the painful topic of limiting gas supplies. To repeat the fate of the destroyed markets and the shattered economics no one wants because of the oil embargo.

In this case, gold acts as the golden mean, allowing operations to be carried out by both parties of the “sanctions” relationship. The thing is that transactions with gold on the international market are different from similar transactions with currency. Often, precious metals are sold and bought without specifying the owner in volumes sufficient to finance entire states. These features open the way to bypassing sanctions, which gives access to revenues equal to the profits from energy exports. This is exactly what the EU thinks.

However, gold is really a compromise option. According to the Federal Customs Service, from January to September 2021, 240,5 tons of gold were taken out of Russia. At the same time, according to the Ministry of Finance, during the same period, 256,54 tons were mined in the country. This year, the process of exporting precious metal produced in the Russian Federation has increased quite a lot.

It can be said that before the start of the next round of sanctions, the Russian Federation removed property that could be subject to restrictions. However, by removing the material assets from the sanctions legislation, they were threatened by the direct application of the jurisdictional powers of the Western countries where the gold was delivered (if even part of it still belongs to Russia).

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Igor Viktorovich Berdin

+5

22 June 2022 09: 34

The couple do not understand anything at all. Gold must be purchased. Moreover, for everything that is paper. And introduce the Golden Ruble.
1. The comment was deleted.
Awaz

+7

22 June 2022 09: 52

oh damn analysts ... Sanctions against gold mining Russian companies were introduced back in 14, and all this time the Central Bank of the Russian Federation bought gold in full from Russian gold miners, so that they would not die. Gold miners were selling most of their production abroad until the year 14. I hesitated to engage in tautology, but as soon as last year it became possible to pour gold into England, they began to pour it. It was not from a good life that they began to buy it in England, because real metallic gold really began to be missed. Well, the price was not bad at all ... As a result: nothing of the kind happened, moreover, the British stock exchange itself crawled to Russia with a request ..
kriten

+1

22 June 2022 09: 59

The night came and in the country of fools work began to boil. All the same, the idiocy in our economy comes from the Kremlin. Everyone wants to go back to yesterday. The president's words interfere, but you can just ignore everything, the system is completely irresponsible, but it pays well.
greenchelman

0

22 June 2022 11: 29

This year, the process of exporting precious metal produced in the Russian Federation has increased quite a lot.

Where is the evidence?
Jacques sekavar

+2

22 June 2022 23: 42

Banking gold is marked in the same way as all gold jewelry - the country, the content, and the international centers of Switzerland and London, accept, check and confirm.
If sanctions are imposed, transactions with gold will be possible only according to “gray” schemes, i.e. its price will decrease by the percentage of the intermediary.

According to the Federal Customs Service, from January to September 2021, 240,5 tons of gold were exported from Russia

- taken out, does it mean stolen, sold for foreign currency, paid for the necessary equipment and technologies?
Balin

0

23 June 2022 02: 02

All this is nonsense. The Saudis and Switzerland did not join the sanctions and gold was sold as it was - and it is being sold, everyone knows the price of paper gold
vlad127490

+2

23 June 2022 11: 44

Think about it. 240,5 tons of gold were taken out of Russia. At the same time, according to the Ministry of Finance, during the same period, 256,54 tons were mined in the country. For what or for whom is gold mined in Russia? All the gold was taken to conditional London. The oligarchs got rich, London got rich, and Russia got poorer. We need to ban the export of drugs. metals abroad. Nationalize the entire gold and diamond industry.
Bulanov

+2

23 June 2022 16: 09

This time, according to the source of the agency, Russian gold will be chosen as the object of influence. The choice of the precious metal as an object of restrictions was the result of a search for sectors that could still be sanctioned.

And what, India and China are not interested in gold? Why are you fixated on 1 "gold billion" when 7 other billion will gladly buy Russian gold!

It can be said that before the start of the next round of sanctions, the Russian Federation removed property that could be subject to restrictions.

But having sold this gold and deposited money in Western banks, they received the confiscation of this money - but this is not a restriction, is it? It's just a gop-stop in broad daylight!
Throughout the history of civilization, those states that had more gold flourished. - A donkey loaded with gold will take an enemy city faster than a selected army!
It seems that they want to fool Russia out of its gold in order to later buy corrupt Russian officials with it. Otherwise it is impossible to understand!
It is better for your population to start selling metallic gold so that there is where to invest money for a rainy day. Nikolaev chervonets are still in price! And they survived both Kerenki and owls / rubles, and current Russian money competes little with them.
sat2004

0

23 June 2022 21: 36

Customs gave the go-ahead. Who, where and how much? Is this the question? Everything is in the computer for publishing data, no problem. So there is no question.
Moray Boreas

0

24 June 2022 03: 19

Gold is the ideal measure of rights to goods. If all the mined gold is divided by the population of the planet, then you get only 28 grams per stigma. Everything else is finely cut paper from the Evil One.