Beehaw
  • Communities
  • Create Post
  • search
    Search
  • Login
  • Sign Up
CityPop ( CityPop@lemmy.today )  to World News@quokk.au · 3 months ago

Russia Puts Giant State Diamonds Up for Auction After Record Gold Selloff

united24media.com

external-link
message-square
3
link
fedilink
29
external-link

Russia Puts Giant State Diamonds Up for Auction After Record Gold Selloff

united24media.com

CityPop ( CityPop@lemmy.today )  to World News@quokk.au · 3 months ago
message-square
3
link
fedilink
Russia Puts Giant State Diamonds Up for Auction After Record Gold Selloff
united24media.com
external-link
Russia's Finance Ministry will auction large rough diamonds from state reserves, seeking funds amid mounting war costs and following a record gold selloff.
alert-triangle
You must log in or # to comment.
  • AllNewTypeFace ( AllNewTypeFace@leminal.space ) 
    link
    fedilink
    arrow-up
    9
    ·
    3 months ago

    It’ll be the Fabergé eggs next

  • BarneyPiccolo ( BarneyPiccolo@lemmy.today ) 
    link
    fedilink
    arrow-up
    8
    ·
    3 months ago

    You know a country is in bad shape when they start selling off the treasure that supports their economy. It would be like Trump saying we need to sell off some our gold reserves in Ft Knox because he needs it for the war. If your war is costing so much that you are selling off the reserves, then it’s time to end the war.

    • belated_frog_pants ( belated_frog_pants@beehaw.org ) 
      link
      fedilink
      arrow-up
      2
      ·
      3 months ago

      Ft knox gold is mostly symbolic. Dollar hasnt been tied to its value nor total dollars available limited to the amount stored for 50+ years. Its mostly there to make people feel comfortable with the value of the dollar.

World News@quokk.au

world@quokk.au

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !world@quokk.au

Rules:
Be a decent person.
No racism, sexism, ableism, homophobia, transphobia, zionism/nazism, and so on.

Other Great News Communities:

  • !australia@quokk.au
  • !canada@lemmy.ca
  • !europe@lemmy.dbzer0.com

Rules

Be excellent to each other

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 316 users / day
  • 1K users / week
  • 2.18K users / month
  • 4.91K users / 6 months
  • 25 local subscribers
  • 2.49K subscribers
  • 16.1K Posts
  • 19.1K Comments
  • Modlog
  • mods:
  • lumpenproletariat ( Deceptichum@quokk.au ) 
  • Grainne ( Grainne@lemmy.dbzer0.com ) 
  • BE: 0.19.15
  • Modlog
  • Legal
  • Instances
  • Docs
  • Code