this post was submitted on 20 Nov 2025
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Buying one way tickets to hell for Russian soldiers by selling off Russia's gold and treasure... What will be left when all the humans and gold have been carelessly traded away by Putin to power the mindless Russian war machine?

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[–] doingthestuff@lemy.lol 17 points 9 hours ago (2 children)

He's going to burn everything until all they have left is nukes. And then the nukes.

[–] Valmond@lemmy.world 4 points 4 hours ago (1 children)

Let's hope the old soviet nukes doesn't work any more, they are insanely expensive to maintain, are supposed to never actually being used or even tested any more (by international treaties, and when donald said he'd do testing, the ruskies were not on the forefront wanting to "test too") and russia is one of the most corrupt countries on earth.

It's like having inherited 6000 wheels of old cheese in 1991. "Maybe one of them works?"

Abd if they launch one, be it dirty, their whole country will be melted to glass so ...

Additionally, three persons must "turn the key" to launch a russian nuke so maybe everyone isn't insane over there.

[–] Bazell@lemmy.zip 2 points 3 hours ago* (last edited 3 hours ago)

Well, russia has done some nuclear tests recently. But I suppose that these were freshly manufactured bombs just to show off the "existing threat" from russia itself. So, I suppose that it has a few working nuclear bombs that can be used. But, agree, most of others probably are just so called dirty bombs by now.

[–] GreenKnight23@lemmy.world 3 points 7 hours ago (1 children)

what if he dies before that?

[–] slampisko@lemmy.world 4 points 4 hours ago (1 children)

Someone exactly the same will take his place. The problem is in the system, not in the individual

[–] Valmond@lemmy.world 3 points 4 hours ago (1 children)

This might not be exactly as bad as you think, the sycophants surrounding putin are in it for wealth, not to restore the soviet union (they do ofc play along, or get thrown off a balcony). So when he dies, after the power struggle, there is a big chance that we, the west, can leverage help vs "democracy" etc. Stopping the war ofc. And so on. The rich in Moscow gets to enjoy their super yachts and villas in Italy and their wifes shopping in Paris, in counterpart for dismantling their war machine.

At least It's a possible scenario.

[–] figjam@midwest.social 1 points 1 hour ago

There is always hope

[–] Lemmyoutofhere@lemmy.ca 60 points 12 hours ago (1 children)

“The National Wealth Fund held 405.7 metric tons of gold before the full-scale invasion of Ukraine. Since then, the Finance Ministry has liquidated around 57% of that stash—about 232.6 tons—to shore up the budget.

As of November 1, 2025, the fund’s gold holdings have fallen to 173.1 tons. Combined liquid assets, including yuan holdings, have dropped from $113.5 billion before the war to just $51.6 billion today. As a share of Russia’s GDP, unspent reserves have shrunk fourfold.”

Hell ya.

[–] Gerudo@lemmy.zip 22 points 9 hours ago (2 children)

Wow, that is a massive amount to burn through.

[–] MrMakabar@slrpnk.net 5 points 3 hours ago

It is until you realize how expensive this war is. The damage a drone does to an oil refinery probably costs a few millions to repair and even more in lost profits, if it actually stops production. Tanks cost a million a piece easily. Air defense, planes and so forth easily cost more. Even something like a Shahed is $200k per shot.

[–] remotelove@lemmy.ca 10 points 8 hours ago (1 children)

Corruption is actually a feature in this case. Most of that cash is actually pumped directly into local economies. /s

[–] Valmond@lemmy.world 1 points 4 hours ago
[–] SpacePanda@mander.xyz 34 points 12 hours ago (1 children)

Like a true Soviet hes going to bankrupt his country, again. Interesting how this keeps happening.

[–] stoly@lemmy.world 22 points 11 hours ago (1 children)

It's what happens when narcissists get into power.

[–] redlemace@lemmy.world 2 points 2 hours ago

so USA is next for sure. They have the narcissist of narcissists

[–] MushuChupacabra@lemmy.world 91 points 14 hours ago (2 children)

Selling off gold reserves is a sure sign that the Special Military Operation is going well.

It feels inevitable that Putin is going to fall out a window.

[–] i_stole_ur_taco@lemmy.ca 19 points 9 hours ago (2 children)

It’s been an expensive 3 days.

[–] Bazell@lemmy.zip 2 points 3 hours ago

Yeah, expensive 3 years.

[–] Valmond@lemmy.world 2 points 4 hours ago

What a bender.

[–] jasoman@lemmy.world 6 points 12 hours ago (1 children)

Does he even go up off the first floor?

[–] MushuChupacabra@lemmy.world 14 points 10 hours ago (1 children)

Does he even go up off the first floor?

He tragically fell up several flights of stairs first.

[–] jasoman@lemmy.world 4 points 9 hours ago

I was going to go with " retreated upstairs and then tripped out the X floor window due to X Y and Z"

[–] Greyghoster@aussie.zone 17 points 14 hours ago (4 children)

So, the western financial sector is now going to fund the Russian war machine directly by buy this?

[–] greygore@lemmy.world 2 points 2 hours ago

real sales of physical bullion on the domestic market

[–] Valmond@lemmy.world 2 points 4 hours ago (1 children)

I'm all for it but how do you stop gold being sold? I mean you could probably sell it in asia or africa if the EU forbid it?

Oil takes whole boats to transport, and we can't even do that correctly ☹️

[–] Greyghoster@aussie.zone 1 points 2 hours ago

I was referring specifically to western financial institutions buying. Really a comment on how hard it is to stop the west from financing Putin. A difficult problem.

[–] Rose@lemmy.zip 1 points 6 hours ago

What else is new?

[–] stoly@lemmy.world 6 points 11 hours ago

Some governments will buy up large amounts but I bet a huge portion of it is privately acquired.

[–] OrteilGenou@lemmy.world 1 points 15 hours ago (7 children)

Gold is as worthless as paper

When will we stop this practice of saying something worthless is valuable just so that greedy fuckers can hoard that crap?

[–] Bronzie@sh.itjust.works 4 points 3 hours ago

My man; everything is worthless unless a critical mass of people find value in it.

If every single person in the entire world except you refused to acknowledge the US dollar tomorrow, it would become worthless.
The same goes for every currency having ever existed.

[–] Valmond@lemmy.world 1 points 4 hours ago

"crypto apes"

[–] Buffalox@lemmy.world 41 points 14 hours ago* (last edited 14 hours ago)

Gold is as worthless as paper

FALSE!
If a lot of people want to pay for it, it's obviously not worthless.
Gold also has value as a metal of many uses, and in many situations gold is not easy to replace.
So even without being pretty and non corrosive and rare, it would still have value.
Also your post is extremely besides the point of Russia liquidating assets.

[–] Simulation6@sopuli.xyz 37 points 14 hours ago (1 children)

Price aside, gold is a very useful metal.

[–] stoly@lemmy.world 7 points 11 hours ago

Actually it's one of the more stable things out there. It resists economic issues.

[–] tuff_wizard@aussie.zone 15 points 14 hours ago (1 children)

Things have little intrinsic value. They are only worth what people will pay for them. If the price of gold upsets you, please do not investigate the stock exchange.

[–] Madison420@lemmy.world 4 points 10 hours ago* (last edited 10 hours ago) (1 children)

Except gold has huge intrinsic value because it's not that common and exceedingly useful.

Diamonds, diamonds are the scam that seems to be implied here.

[–] tuff_wizard@aussie.zone 1 points 7 hours ago

Absolutely but most of its value is due to it being rare…. And shiny. The industrial uses were just a bonus we worked out later. In the early days it was valuable simply because we all told ourselves it was worth a certain amount of chickens.

[–] bear@lemmy.blahaj.zone 14 points 14 hours ago

There are lots of people willing to buy gold, and have been for millennia. Most paper currency is worthless 200 years later.