Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: PK1991

Seems to me that Putin is simply converting his oil into gold.

Since Europe/France/Germany say they won’t pay in ruble, they can now pay in gold.

Eventually, Russia will have more gold than anyone else... which means they can crush the petro dollar at will if that hasn’t happened already... Thanks to Biden freezing Russian held US dollars.


47 posted on 03/30/2022 5:39:32 PM PDT by Safrguns
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Safrguns

Thats a fail. Russia already folded on the demand for rubles and will accept euros.


49 posted on 03/30/2022 5:43:09 PM PDT by BiglyCommentary
[ Post Reply | Private Reply | To 47 | View Replies ]

To: Safrguns
Pay no attention to the economic buffoons nay-saying on this thread.

Germany says to still pay for Russian gas in euros/dollars after Scholz-Putin call
March 30, 2022
https://freerepublic.com/focus/f-news/4051026/posts

In a phone call between the leaders, Putin told German Chancellor Olaf Scholz that nothing would change for European partners and payments would be made in euros and transferred to Gazprom bank, which would convert the money into roubles, the German spokesperson said.

Gazprom is NOT sanctioned - so Olaf Doltz gets the fig leaf of not paying in roubles, while Pooty gets the cash through the unsanctioned Gazprom bank.

ALREADY there are Twitter dolts calling for Gazprom to be sanctioned.

"Let's shut down the German economy!" say the dolts.

53 posted on 03/30/2022 6:10:48 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
[ Post Reply | Private Reply | To 47 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson