My Leisurely Island Life

On the issue of gold, too many people talk about what will happen if we sell gold. In 2021, our country imported more than 1,700 tons of gold. The Russia-Ukraine war proved that money is really just paper. The Russian economy, which was sanctioned by the entire NATO and the United States, did not collapse because Russia bought a large amount of gold before the war. Just because of these, what should Russia do in the country? The currency has depreciated for a while and has almost recovered in more than a year. Domestic gold consumption is about 600 tons per year, and the rest is used for strategic storage. Gold is not only used as jewelry and ornaments in the financial field to ensure the stability of the currency. Although the gold standard no longer exists, gold is still the first element to ensure the stability of banknotes. Our country has a rare metal protection law. You can bring gold back from abroad even if it is smuggled. As long as it is smuggled into the country, it will be protected and fined at most. There is nothing else. But you cannot take gold abroad. Many people don't know that it is illegal to bring more than 15 grams of gold abroad. Many people don't understand that the country uses countless foreign exchanges to buy international gold at crazy high prices every year. But you have to understand that paper money will depreciate or even turn into a real piece of paper. Gold is the world's recognized first unit of currency. In the Russia-Ukraine war, everyone thought that the ruble would depreciate dozens, hundreds or even thousands of times as before, but they were surprised that it could not drop by one-third. However, the entire NATO and US sanctions are now about to be restored, because Russia bought countless gold before the war. As long as this gold exists in Russia Russia's bank wouldn't be able to drop the ruble without a large-scale issuance of government bonds. Many people think that gold is very rare. The world's largest gold mine mines more than 1,000 tons of gold a year, not to mention other gold mines. The Federal Reserve's gold reserves have never been lower than 8,000 tons, with a maximum of 17,000 tons. More than 000 tons, many banned books, you can't see that more than 30,000 tons of gold were buried in the Philippines during the highest period. Many people dare not say that from World War II to the present, the gold taken away by the Philippines except the American chickens has been found to be more than 7,000 tons. It has not been recorded that it has been excavated. There are still more than 8,000 tons coming. Never underestimate the wealth of the people. The entire Southeast Asia has been practicing Buddhism for thousands of years and has accumulated a lot of gold Buddha statues. Even in modern times, there are several dozens of tons of gold Buddha statues. Gold does not mean that if you take a few tons or dozens of tons, it will destroy the market. Even if you take out The value of 10,000 tons is just there. Its output is too difficult. Someone has done it to synthesize gold. It costs more than 30 million to make one kilogram. Some people used to say that gold is everywhere in space. Later, it was discovered that this thing can only be produced by the explosion of stars. It also belongs to the universe. For rare items, don't talk about how much gold will disrupt the market. If you can provide 1 ton, the country will at most forcefully purchase it and fine you. If you provide 10 tons, the country will ask for the source or buy it. If you have 100 tons, the country will treat you as a treasure. If you have 1,000 tons, you will be a national treasure. If you have 10,000 tons, you will be the hero of the entire country.

I won't talk about anything else, but I can't say enough about my feelings, especially with Dong Xue and that cousin. How can a cousin do such an idiot thing? Unless you have a grudge against your cousin, knowing that your cousin has broken up with your so-called best friend, she still walks away and makes your cousin's family a joke. You still keep trying to get them back together. I wish you have such a good cousin, haha😂