OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

@Buygold re G-7 Banning Russia Exports Of Gold. (money)

Posted by Mr.Copper @ 19:44 on June 26, 2022  
I think it should help other miners export more. Maybe it will help the shares too. More supply chain deficits too.
Another thought. Maybe the US UK and G7 countries want less Gold supply to make gold prices higher because they have a lot and may needed it when TSHTF. Its insurance. Think reversal. TPTB used to hold it down now maybe they want it higher.
“Of Russian gold exports, 90% was consigned to G-7 countries. Of these Russian exports, over 90%, or nearly $17 billion, was exported to the UK. The United States imported less than $200 million in gold from Russia in 2019, and under $1 million in 2020 and 2021.14 hours ago”

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.