Gravitas: G7 considering a ban on Russian gold
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- Опубликовано: 26 июн 2022
- G7 nations are considering a plan to ban imports of Russian gold. How will this affect big gold consumers like India? Should 7 countries be permitted to reshape global trade? Palki Sharma Upadhyay tells you.
#Gravitas #G7 #RussianGold
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My Grandfather advised me never to make decisions out of emotions in the middle of a crisis.
I still thank him to this day
I follow my intuitions,like with theslowkillshot,..and my intuition said: NO WAY with coercion...i thank my intuition for that,and i recomend all to do the same.
True
Ye can you believe he invaded, Putin sure should have listened to your wise grandfather!
@@willg3511 The West has been heaping sanctions on Russia for almost twenty years. Maybe you're rethinking what's cause and what's effect in this game.
@@switch12345678 Any examples apart from those imposed following their last invasion 2014? (Oh boy Putin likes his wars don’t he? Can’ get enough of em)
Few years before G7 banned India from importing satellite and Pharma products. After the ban India emerged itself with high tech satellite and Pharma products. Now India is world centre for commercial satellite and Pharma R&D.
Ban Russian gold bars for sale? How can they do that with an almost EXTINCT EUROPEAN ECONOMY AND A DYING AMERICAN ECONOMY?
Imposed international sanctions should never be collectively complied with. A decision made by the G7 should only be followed by the G7 countries. It's a matter of "Them", not "The world". Besides, it's like they are the world
that's how they think.
Oooh we can also stop development help for you guys down there in the south. Put trade a embargo on India as well.
Then it is a matter of India if they want to trade with the economy of Russia which is as big as the combined power of Paris and Frankfurt or the G7 and the west with its allies. Which make 60% of the world economy.
Its time we, Asia, will have our own peaceful frie.dly qorld, away from US, Nato,G7 and WHO
@@sergeidominiquepantejo9773 good luck living in isolation!
@@niknoks7638 hmmhp...asia is the biggest continent...why would we live in isolation?
That's why it's a good idea to expand BRICS. Have your own gold exchange, swift alternative etc outside western countries. Then you always in control.
If there is any good that has come out from this US orchestrated Ukraine conflict is that the whole world must now ditch ALL western systems and standards, starting with USD.
Support China and its block, really smart. And who you ask for help when China start next war against you India?
@pekka numminen
It's funny you're asking such a hypothetical question while the US is already waging a war against China haha. You guys are always just fearmongering while ignoring real western crimes and imperialism...
@@pekkanumminen81 The population of India is about the same as China.
1) India and China should do everything to prevent a clash
2) India should only rely on itself in the end the are only one who will continue to solve the issue. Another party might/will pull out when it's not in thier benefit.
Being in the BRICS club why not just buy Krugerrands & be keeping it all in the family anyway? Or are there none of those left?
G7 are no gods .. aren't they scared? One day all this will backfire . Karma is brutal .
@@nightruler666 india has endured 1000 years of invasion .. even today our 20% muslims and minority leftist are hell bent on destroying our civilizational fabric while crying victim at the same time . After so many years when india has finally achieved a steady economic growth, We are expected to oblige to western terms and conditions which is fatal to our growing middle class population. . Now you decide whose karma will effect who .
Scared of what?
Aren't no Gods? Addressed it to Putin please! But wait! Putin isn't a God either he is evil. Dictating Ukraine/Ukrainians on what to do and where to side? Putin with his infamous SPECIAL OPERATION invaded Ukraine slaughtering innocent Ukrainians of all ages, raping women stealing their properties including grains and selling to other countries.
You’re right,They are delusional.
Price of gold goes up. Russia sells LESS gold and still achieves same or more revenues from gold. G7 is good at throwing boomerangs!🤣🤣🤣
Thats not how it works
@@dasenya1761 the oil price named boomerangs is now in their asses.... i think it works
I Agree. Probably, Russia will increase gold's price or government of Russia has had another strategies to protect their economy 🙏
Yea and it can pay products that they need with it's gold,if any nation wants payments with gold.👍like here🇵🇭 we will accept Russian gold as payment for our rice or manufactured goods,if Russia wants it.👍
@@dasenya1761 Could be. Look what happened to rubles. They're banning Russian oil yet Russian proceeds to accept rubles as payment if they want to. Now, majority of EU countries still ordering russian oil. Dollars and other currencies continue to fall yet Russian rubles is strong even with sanctions.
China must be getting delighted to hear such an announcement. 7Gs are working hard for the post-Covid industrial and economic boom of China.
It’s probably time the whole world moved away from following rules by such organisations, after all it’s the whole world that has resources that the G7 needs to maintain its power. Unfortunately the whole world is run by self serving leaders
You call them "self-serving". I call them "psychopaths".
@@SuperTonyony 1000%
Yes...move away. Let's see what your shitty country can produce without US technologies. The leaders might be corrupted but the people are not. They're paying taxes to feed people who can't feed themselves and calling themselves a sovereign nation. Take India, the US gave them aid for twenty years, Kim young un, 8 years, and don't forget those poor African babies suffering from malnutrition. After awhile, I feel stupid feeding these ungrateful people as they keep pumping out kids they can't feed and somehow America is responsible. After twenty years of aid, I'm wondering if these babies I'd saved are doing anything useful with their lives or just pumping out more kids for me to feed.
@@SuperTonyony but the worst psychopaths are the western leaders
SELFISHNESS, IN THE END...IS INSANITY
The Brics should start a new Gold Exchange and shipping Insurance ? Why should the rest of the world allow London to continue to monopolize gold sales and insurance. BRICS+ can easily form a pool and start new exchanges in Asia, HK, Singapore, India, St Pete etc
Except russia and China,rest if the nations are still under us buckle.
That is the gazillion dollar question I have been asking.
Why let a country that doesn’t even produce gold monopolize regulations and sales of the precious metal? LOL
@@robgianzon7427
Lmao. Right?
The system must have stakeholders like gold exporters and gold importers like Africa and India.
Like we can literally eliminate the countries which regulate, if we regulate ourselves effectively.
Correct.it’s over for Britain and America.
Correct and the money shouldn't be in dollars
7 people deciding on the fate of 7billion people.
The rich countol everything does not matter if it countries our people .
India will lead one day, or at least become the second biggest SUPER country in the world. GUARANTEED.👍🌄
They are become weak. With the rising of China and India.
7 demonic leaders
@@thaimayoree1494 youtube censored your comment unfortunately
The second largest Russian export is agricultural products, then gold at three.
BAN ALL AGRICULTURAL PRODUCTS FROM RUSSIA TO BE EXPORTED
@@bretthildebrand5838 Easy for fat Americans to write that. If you lived in Near East or North Africa you'd be whistle a far different tune.
Additionally, my post was correcting a mistake in the video with no position on exports.
Best of all ban American arms exports to the world.
The wisest thing that should be on everyones' mind currently, should be, To invest in different streams of income that doesn't depend on the government, especially with the current economic crisis around the world.
And also, Being of age and how to manage the sequence of returns in those early periods is what seems quite scary in the current market. The market is never a loser in the twenty year cycle, but the 2000s decade scenario scares me and could really disrupt my retirement. When you're no longer accumulating but withdrawing, it's hard to be anything but cautious.
The pandemic really taught people the importance of multiple streams of income. Unfortunately, having a job doesn't guarantee 100% security, rather having different investments is the real deal.
@@jachikeonwuka3824 That's true,
I believe that the secret to financial stability is having the right investment ideas to enable you earn more money. But for now, investors getting started can feel overwhelming. Risk loom large and complicated, unfamiliar financial jargons can be intimidating.
Some investors look to their investments as a source of income while others use it as a means to grow or preserve their wealth.
Also, It is mostly disastrous for newbies or anyone who doesn't adhere to a well thought-out strategy and over all, a professional broker.
Biggest gold discovery in Uganda. $14 trillion dollars worth and Russia has the permission to mine. Excellent journalism as always.
Oh boy! how long before the US. invades Uganda
When india army ready??
We need to secure uganda as soon as possible!!
Russia can then pay for more wars and invasions. After Chechnia, Georgia, Syria and Ukraine, it can take Moldova, Baltic countries, and then go nuclear against NATO and China. Well done 👏
@@hugoc2660 maybe Russia can use the gold for technology and science, maybe open a jewellery store. Don't think it's going to help with the price because it's no longer rare metals.
Instead of worrying about other countries gold sort out India’s poverty situation
As an American, i really hope the west will not force us all into a world war for a third consecutive time….this notion in the US and Europe that our problems are EVERYONE’s top priority is exactly why our societies are failed. If only we expressed the same energy for the poor people throughout central and west africa or in places like Yemen or Syria….
Actually this time us is pulling the strings.. Ukraine war has us hands in its making.. Us planned it all along to sell weapons and us is all about military industrial complex.... And us is also trying to contain Russia.
I hope we do go WWIII. I will be the first to mark the capital with invisible paint!!
Maybe if those countries governments/dictators did not steal the international aid for themselves and gave it to their people they would not be so poor and dysfunctional.
I think their solution to global shortages is to eliminate those not like them.
You’re not an American
This is a real opportunity for the BRICS! India or China can set up their own Gold Exchange and Oil Tankers Insurance Scheme! Thank the G7 for this!
Y don't they!? Hahaha!!!
@@dhandaisaminath3403 cz G7 has only discussed this rn...if they decide to implement it...Russia would face a mild inconvenience...China will make huge amounts of money and the West would realize that they have clowns as their leaders
If most of the gold is traded in United Kingdom this could undermine United Kingdom completely as it could shift to another jurisdiction. That could be a tremendous loss with the British. It's the same kind of shift that we're seeing with maritime insurance other countries are now becoming more active because of the sanctions and the British are losing billions of dollars in insurance Premiums
The former evil racist British Empire should pay for it's crimes
Agree
Serves them right.
The Russians will simply do the same thing they did with the gas: find other customers.
That will come at a cost to Russia.
Get your head out of the sand!
Russia is going to die of sanctions
Let it get out of Ukraine when there is still time
Do you know whats next after Russia is sucked dry?
BOOM💥
Gold is money, it's not going to stop being traded because a G7 wont trade it.
I believe it was among the G7 nations where someone first said, "He laughs best who laughs last". Now many years later, they seem so dumb to not even realize that that's exactly what's happening with them. It's like comedy watching them desperately trying to clutch on straws as the tide sweeps them downstream. 🤣🤣
I assume you believe the Earth is flat to,
and that the Moon is a cheese from Switzerland...
India is the worlds largest producer of jewelry so i imagine that this gold ban has them worried.
Im sure that they will still purchase gold from russia but the ban is likely to raise prices world wide.
Or maybe not, its pretty hard to tell where gold came from so its a rather liquid asset.
G-7 ban on Russian gold is insignificant. China and India are by far the largest consumers of gold. China can create its own commodities markets to buy and sell gold. Anything that the West can do China can do as well.
True, true, true.👍
c and i can do almost
everything.
China doesn't have any real gold 🤣🤣🤣
oF COURSE CHINA CORONA 🦠 ARE COPY CAT OF AMERICA LOL
@@catgeol7300 OF COURSE CHINA 🦠 COPY CAT OF AMERICA LOL
Gay 7 will break their own teeth !!
With hundreds of millions of Indians in poverty, this hand-wringing of a rise in the price of gold for rich Indians seems to be very misplaced anxiety. Most in India are not concerned about the G7 banning Russian gold, only the top .1%.
Strange hill to choose to die on, Ms. Sharma.
This is what Mr Putin is opposing !A few former/present colonial nations decide what the entire world should or should not do !
New Opportunities for other countries to break the monopoly.
Good luck to said countries!
This is good, thank you Russia for kicking yourself off the world stage.
Brics so the way to go…bye bye G7
@@imzaazmi bye bye brics
Soon world order will change
Electronic equipments need gold as a part of their components...guess the price will go high...we are heading towards stone age soon as computers also contain gold... America needs to focus more on economic studies in their country..this is so unbelievable.
@cloudy immortal you see at the end of the day you buy chinese manufactured electronics, where they use the same russian cheap gold at some point of time.
So dont worry you get your cheap goods shipped to your country one way or another.
@Mike King The thing is China produces more chips than the Mine can produce and so they are hoarding gold for both Economy and chips and mass production.
Good point. Gold isn't just there to look pretty any more.
China is the largest gold producer and also the largest gold importer. They use a lot in their electronic products, but they probably hoard a lot too. Don't be surprised if gold in their vault is many times more than the US's.
@@thricemindblown7883 tell that to Indians
Faith restored in Palki's reporting. 👍
On oil insurance: Many countries have enough wealth to start insuring tankers on their own, it is easy to get around price caps and sanctions. Unless the G7 declares they will not trade with anyone who violates sanctions, the sanctions are a paper tiger for most of the world.
Russia will alter it's trading partners and focus more on trading with Asia, Africa, and South America. This may be a net benefit for Russia and China in the long term. China will have a stable flow of resources with a short supply route. Russia will be trading with a nation that does not care about human rights or political freedoms. If China executes 3 million Uyghurs, Russia won't care, they will keep trading. And if Russia nukes London or Kyiv, China won't care, they will keep trading.
And I guess the E.U and Nato cares about ppl rights.Also,this is a black American talking to you...So i know a little something about lost and stolen rights.
@@larryclemons7304 Hey Larry, sorry to hear that you think as a black American you have no rights. I was under the impression you could vote and had a bill of rights that included the right to liberty. I guess that was all removed recently and I did not hear about it?
@@john_doe_not_found Don`t forget your vote is only worth a politicians campaign promise. It`s not like they would lie or bullshit during their campaign speeches, is it now?
Do i think usa no done any wrong with Vietnam middle east n Palestine, better do peace maker than being act world police..
@@standbyevidence1 Since WW2 the world has been the most prosperous it has ever been in history. Before WW2 most of the world was a colony of some country in Europe. In 1900 60% of the world lived in extreme poverty. Since 1991 with the fall of the USSR and America being the only super power on the planet, the number of people in extreme poverty has plummeted from 40% to less than 10%. Democracy and global trade made the world today far better than at any point in human history. Yes there is still suffering, but you are better off being born today then you were at any point prior to today. If Russia was in charge, how much worse would things be?
They are gonna blame Russia if the gold prices hikes like crazy 😂
🤣
As Putin says these guys want to blame the world crisis on Him.
He says they're making him the scapegoat. True. He's smart and they're just jealous.
He is truely smart.
Awesome Putin❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️
Who cares Russia gets blamed for the droughts these days
They keep Pushing PutiN .. big mistake 🌎. POP!
Thank you WION! You are the only news channel I trust. The lady has guts to point out weaknesses among the West 'cabal' !!!
The world is suffering because China released The Plague and Putin decided to re-draw the Eurasian borders.
GET REAL!
Millions of Indians have been fleeing to the West for decades ...
Please, comment accordingly.
You can also send them an email of thanks.
It's a propagandistic channel. West hating is a cultural trend - truth is, the West actually keeps this world in a better place, for the most part.
Yeah they criticize Russia and china also not just the west.
@@dyawr 🤡😂😂😂
Politicians turn their backs on gold ? Said no politician ever lol.
if russia would call off their attack on ukraine, these steps wouldn't need to be taken.... the g7 are trying their best not to go to war, so these are the tactics they need to enforce
Russia is unique mineral rich country with very less population... India is the only country with highest population on the earth... these two are natural friends...If Russia gives a discount on gold purchase, Indian women can directly buy all the russian gold in flash sale and can become biggest importer...
Raj stop being so selfish.
@@GoogleIsAPieceOfSh1t India has a big socio-cultural demand for gold and Russia has a big supply of gold.
Do you see what's going to happen?
HMMM! the word Mafia springs to mind
@@GoogleIsAPieceOfSh1t tell that to the G7. 😂😂😂😂
Australia produces more gold than Russia if prices go up its fine by us
They are just making it clear that the world would be in a better place without the G7
Sure if your economy wants to go back to the Stone Age.
YEAP.! if the world put this so called COWARD EGOISTIC G7 aside. The whole WORLD would obviously be in PEACE for SURE.
@Carpe Diem yeah that why they defaulted on their loan and please don’t compare Indian and Russia.Russia has gas to sell India does not .
@Carpe Diem let me guess you are on a iPhone typing you don’t need G7 counties?🤣🤣
@Carpe Diem no they has gas to sell but others are no so lucky like India for example.
They are still dreaming colonial rule....but presently two gaints are blocking them financially and militarily..... Indians are just watching and enjoying.....Modi ji make India very strong.....so nobody comes to interference our neutral stand........
" The Sheep spend Their whole Life fearing the WOLF, Only to be Eaten by the Shephered " !
Once You Understand this Statement the GAME Changes & You Start to Understand POLITICIANS & POLITICS "
Do not unde estimate Purttin. He already have counter plan for this at this time. The comeout will be favorable to Russia in the end while Americans and Europeans suffer the price.
A small price to pay
I come here for news and Gravitas anchor gives it raw and undiluted
Thank you wion for a job weldone and your wonderful analysis
I see things differently; this is only representing India's interests. Biased news is not real news. It's called World is ONE... not India is ONE.. yet time after time, I keep hearing how India's best interests are affected.
@@ChronicKPOP 🇨🇳
Halloo me prom veeon me bant pree 🚽 arnd me ttttalkin vid but but ding ding ticket pleazzzz indilish accshent 😂 😂 😂 😂
You can say that again,
100 %, correct. Gravitas is the best if you are looking for an honest and unbiased news
@@AGBAENYI Thanks for your observation too
Gravitas has been my go to for news
It's depend on the topic you as an individual want to listen to
Biden could talk to my grandma if the price of gold rises
G7 can block whatever they want and it's not India responsibility to say what G7 should or shouldn't do.
Looks like G7 wants a full-scale catastrophic war.
looks like russia needs to leave ukraine.
@@fullmetalninjaX20 its not going to happen
Looks like G7 wants to stay firm on breaking Putins neck
@@Kevin-fq3zh why doesnt usa also buy oil from russia u big hypocrite
@@Kevin-fq3zhthank you very much ,but for ur information uae ,china and many African countries also support russis
This will not affect Russia. This would only create scarcity and push up prices, and Russia could sell to direct buyers or build up gold stocks. Win win for Russia while the west suffers by buying at high prices.
no one suffers not having gold things and how do those buyers pay for it ??? they will not be able to use the international banking system , they will have to create there own systems and that all thats time time russia is not earning
@@karfomachet7265 alternative systems are being created now the old West establishment will ultimately loss
@@zeeone4492 and thats been said for the last 200 years and yet every time the west only advances .
@@karfomachet7265 And yet it is in economic suicidal free fall now
@@zeeone4492 And even this is not new , the west has been here many times and will survive this too
Go ahead G7... don't buy Russian gas
G7: 🤯😵
So sick of these sanctions on sanctions... creating price rise... 🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️
Putin went to the gold standard. So,,, the more gold he has, the stronger the Ruble is.
No he didn't, ruble is not backed by the gold standard.
I heard he did change the Ruble to gold backed, then changed the currency of oil to be by Ruble (further strengthening the ruble) They know Russia has gold and a good relationship with Africa who also has gold and just found a mountain more. This is the corrupt G7 (BTW why are they the bosses) trying to hold onto power.
@@CapitolVisions The world is sick of the hegemony. Putin standing up to them is emboldening others. The CABAL is about to collapse.
@@Vordigon1 you better learn to think for yourself and research for yourself. He did just that. Use your Google.
@@YDCFF_ I've done my research, you're the one here spreading false information
As an African, I was particularly touched at the height of Covid deaths when the west was holding on to vaccines while they had 2 to 3 choices of vaccines to choose from. While we at home would take anything but not offered anything. It was only towards the end of that period when vaccines started to roll out to us,while some nations were on there 2nd booster shot. Was a really sad time to be powerless.
Only one side of the story. I heard we (the people) spend millions of Euros on donations to African countries. Only to see them not accepting the doses because it was near due date or some silly stuff.
That money could have had a much better purpose...but hey...once the vaccine arrived... what are you going to do if locals wont accept it....
Your government sucks
Vaccines were exported very early on I can’t say to every nation but mostly to less developed nations at no cost. Wion even had a story about it asking “what is the cost of free vaccines”
Nigerians received expired vaccines. u can imagine them calling us partners but in times of troubles we r treated as gif our lives dont matter , anyway lets blame our weak leaders loans has turned us in to beggars
Nigerians received expired vaccines. u can imagine them calling us partners but in times of troubles we r treated as if our lives dont matter , anyway lets blame our weak leaders loans has turned us in to beggars
that's why expanding BRICS is important
By creating some upheavals by NATO and other developed countries the world is unnecessarily facing problems. German manufacturers will be facing problems because gas supply from Russia is stopped. EU also will face problems because winter is nearby and absence of gas is a major concern.
India buys gold from Russia every year
India trade many things from many countries .
It was invited to g7 to be warned not to do that because it will get in trouble with the west which is feeling very tribal right now:- how dare someone launch a war in Europe!
They wanted to tell it kindly.
They also offered it some juicy concessions iam sure
That's what modis trip was about, I hope he milked the opportunity cause it's rare
Seriously it's high time these countries look towards their economic status rather than dictating entire world .
They are making prices rise for everything because of their personal issues.
As a South African enough is enough its not fair for these country's to always be so rich and dictating the whole world according to their will and power while they loot our countries in Africa and the rest of the world it's like they're getting away with murder
Putin is doing this ,stop whinging
100 💯 true !!! The rest of the world should leave their financial systems and adapt what works for non g7 countries !
Chinese Insurance: "Great doing business with ya"
It will actually make no changes at all because the Arab countries are buying more gold because they're off loading American dollars and there's a huge market for any kind of gold gold gold has no nationality. If anything it could create shortages of physical gold causing the prices to go up that only will help Russia.
its time to stop this so called rich nation's.its the poor people around the world that suffer.there is already food shortage and a recession around corner.
it's russia that's responsible for all that suffering. as soon as russia quits destroying their "friend" ukraine things can get back to something resembling normal.
No, they wont stop. It is just the beginning. What they want is total reset by playing their economy games in agriculture sector and minerals
Nevermind that bro, their time is ending slowly.Other nations just need to fare this time
@@fullmetalninjaX20 Hi. I think some one is not telling you the truth.
@@fullmetalninjaX20 when iraq and afghanistan were invaded, nobody sanctioned the us and there was therefore no recession. if you do not sanction russia, no global problems.
Correction :
Food is Russia's second biggest export not gold
@Unwonted Contriver is there a food crisis in the west? As far as I'm seeing the prices have only risen a bit, if that's a crisis for you, sorry man.
As well as 25% of the world's Platinum supplies
Then why steal Ukrainian food
@@Vordigon1 😂 , he starve when food rises 0.0000001 cent
@@cedriceric9730 well, let's not push it all the way the other direction, there is inflation here in the west, but nowhere near the apocalypse foretold by these trolls.
Then if Russia ban your product it's a blackmail..
Russia: hello India, we have cheap oil. India: Yes. Russia: hello India, we have cheap gold. India: Yes.
This will only impact a shift to supply localisation at refinery levels. So, procurement pattern will change and new supply routes will be drawn as a countermeasure. Business will run as usual as we could see from existing line of sanctions.
I think the other countries that make up the balance 40% of the global market share should band together to fight these unreasonable measures imposed by the g7.otherwise the common person will be hit in the pocket.
So true well said
Fight it by taking Russian gold as payments for ur products is one tactic to fight this western cartel.
Too late
Maybe if the third world governments actually tried to help their people and not themselves, the countries would be better off. Blaming functional societies for not being as corrupt as they are shows that the problem lies not in the G7 but in the mess they intentionally create to remain in power.
@@bretedwards2899 very true.the problem with third world economies is that most of these countries are corrupt.if they can come clean then we could see some healthy competition.
Its time to change from G7 to our own Asian stck market system
Direct and consistent and honest
THANK YOU!
china and others have to develop a parallell swift payment system, a parallell tanker system and other vital systems monopolised by the west.
well i can trust anyone but never china and the usa so i don't support this lol
@Beast Mode - We will see. In the meantime, get out there and fix it!
Yea with the help of India and china it can.the Indian ocean the 🇵🇭 sea
@Beast Mode maybe
@@dangerousmind5257 i know swift is a payment system for doing country to country transactions but i don't believe in china and usa for any type of alliance because they have their own political agendas hidden behind that
These preacher like “do as i say not as i do” foreign policies of the west are a major reason why democracy, as its been applied, has failed. Its not the “system” its us who are the problem…its time we acknowledged this
Being Indian I can tell you Gold is a waste of time and money unless it's for electronics etc. People starve to death in India and here they purchase gold for cultural reasons.
Today foolishness is seen as being wise, instead of helping to stop the war they’re rather escalating it.
These G7 leaders looks like clowns.
and modi is there to perform a comical skit to entertain olaf & gang
While china send tons of food to afganistan.....
Can you imagine only a group of 7 people taking decisions on behalf of the entire Globe, let’s talk about this……
It is amazing
Why does this surprise you ?
Sounds like democracy.
@@abelsoo5465 Exactly....the usual suspects 🤔🙄
Yeah but have a feeling that very soon their time to dominate maybe coming to an end . Russian China etc
Great...now we can get cheap gold 😍🤩
Thank you G7
G7 will ban the exports not on the whole world but on their territories, it's just that they built and own most of the logistics to move those supplies,
I mean, if they don't want to carry something then they have all the right to do it,
If you want what you want,
just push your leaders to build your own logistics sheesh, it might even lower the prices if your own country exports it directly.
India should even thank them for the cheap energy,
opposite for the others, but oh well.
Gold was banned on package of sanctions 6 😂😂 they sanctioned already sanctioned materials but not gas
Neither Fertilizer was banned, hypocrisy at best
If western countries have guts then they should immediately stop buying anything from Russia.
Actually Russia should stop or limiting supply of gas,phosphorus, uranium,oil and other minerals to western countries to teach them a lesson.
7 criminals in power decide for the whole world.
Nobody cares what G 7 talks about. China and Russia are laughing. China has 2 trillion dollars Reserve.
7 WEF bitches, ready to wreck our lives.
300 billion a year for oil and gas ..15 billion for gold...you do the math,what a joke.
Prices are rising only because you depend USD for trading, ditch European money, you'll be safe...
Russia will not be affected by this either.
And the more they try to make things difficult for Russia the stronger Russia is emerging out of it all, and every other western nation ends up paying for it, like the saying “dig a hole for others” 😅
if you think russia is stronger now that before this all started you would be severely misinformed. they are breaking on every level growing more desperate by the day.
@@fullmetalninjaX20 where is this happening? In some dream of yours?
@@NN_1515 russia has been propping up their currency with reserves that are running out. very soon russia with start to truly feel the impact of the sanctions.
@@fullmetalninjaX20 yea ryt.. keep dreaming.
@@fullmetalninjaX20 to be honest Russia is not paying the price the under developed countries are paying the price Europe too is paying the price ...the world needs Russia to survive
G7 never learn
This women is so iconic I hope to see more of her
Russia could just as well sell its gold elsewhere in the world. It doesn’t have to sell it to the Europeans at the London or Zurich exchanges. India's gold imports in volume terms stood at *842.28 tonnes* in April 2021 - February 2022 & contributed a large amount to the trade deficit. Russia Gold Production was reported at *300 tonnes* in Dec 2021. Given a discount from market prices, India can singlehandedly buy all of Russia's gold in the blink of an eye.
The world is ready to separate from G7
Nope & your opinion doesn't matter
And yours does,what a delusion.
@@Buzz420 he is right and you from g7 dont have a say
@@fakinlunatik3553 lol, without g7 yall would starve! I'm OK with that 👌🏻
@@Buzz420 nope, with G7, people are already starving
"they get a place in the photo ops"🤣🤣🤣ever classic palki
Today is the first day I have seen shelves empty so whose hurting not the rich but the lowly people
They can't impose the price cap on anything, they could restrict themselves from buying at certain price but can't force that globally, as for the gold it can be traded anywhere else from UK, UAE seems the place where it will be traded at
The price of Gold sure to go up. Gold has value since ancient times and there will never be enough gold for the world's consumption as population grows, inflation grows, recession coming and the distrust of more and more people of Fiat monies, cryptos, bonds, debt instruments as a form of preserving wealth for the goods and services traded.
Gold are the true money because GOD made them - Robert Kiyosaki.
Gold is Money, anything is credit. - Dale Carnegie
If your in the middle of the desert. It better to have water and food then gold.
Gold is just a luxury item.
I wonder if it wouldn't be so scares if it would still be wanted?
May be people would ware lead, if it would be scares?
I like the look of stainless steel more then gold.
My dad always said even if a monkey wears a golden ring it will still remain an ugly thing.
May an evil spirit be given this day the licence to hit your family until you realise that there is a God of all humanity not just for whites neo nazi.. or even the jews
Monkey is not ugly
You need to get the new mirror for your dad.
My dad is well educated man he always said. Wearing the gold a jewelry good luck and prosperity and make them good looking. And very good investment
@@dr.haransivasambu1819 good and befitting reply
Monkeys better than humans
@@dr.haransivasambu1819 what a reply bro!!🤜
Look at the people's faces in the G 7.“Never wrestle with pigs. You both get dirty and the pig likes it.” ― George Bernard Shaw
It is incorrect to think that Russian revenues from gold constitute Russia’s second largest export revenue source, but at $20 billion a year gold sales revenue is well *below* Russia’s oil export revenue of around $100 billion
The G7 is pure crap
Your comment is pure crap
This is an opportunity for China and India to work with like minded countries to build a new economic block to avoid the west sanction and a counter to g7 bullying
@@lordabhikingfisher8087 the UK partnered with China hell they made sure to keep them doped up on opium so that they can have their way with China
They are already doing that for the past years.
India and china r not like minded.
This isn't possible because China wants to invade a large territory of India.
COVID stands for Certificate of Vaccine Induced Death. 💀
Turkey finally agreed to Sweden and Finland NATO membership. You refused to air the news. What a shame?
Why???? This hasn't worked yet, most would say backfired..... Why are you doing this to us G7???
The United States call it "Liberation" instead of "Invasion". That was what US call it in Iraq, Afghanistan, Libya, Syria, Yemen, Somalia and the list goes on... Why the double standard? Confused... Please enlighten. Genuine question...
Instances of the United States "liberated" or overthrowing, or attempting to overthrow, a foreign government since the Second World War. (* indicates successful ouster of a government)
China 1949 to early 1960s
Albania 1949-53
East Germany 1950s
Iran 1953 *
Guatemala 1954 *
Costa Rica mid-1950s
Syria 1956-7
Egypt 1957
Indonesia 1957-8
British Guiana 1953-64 *
Iraq 1963 *
North Vietnam 1945-73
Cambodia 1955-70 *
Laos 1958 *, 1959 *, 1960 *
Ecuador 1960-63 *
Congo 1960 *
France 1965
Brazil 1962-64 *
Dominican Republic 1963 *
Cuba 1959 to present
Bolivia 1964 *
Indonesia 1965 *
Ghana 1966 *
Chile 1964-73 *
Greece 1967 *
Costa Rica 1970-71
Bolivia 1971 *
Australia 1973-75 *
Angola 1975, 1980s
Zaire 1975
Portugal 1974-76 *
Jamaica 1976-80 *
Seychelles 1979-81
Chad 1981-82 *
Grenada 1983 *
South Yemen 1982-84
Suriname 1982-84
Fiji 1987 *
Libya 1980s
Nicaragua 1981-90 *
Panama 1989 *
Bulgaria 1990 *
Albania 1991 *
Iraq 1991
Afghanistan 1980s *
Somalia 1993
Yugoslavia 1999-2000 *
Ecuador 2000 *
Afghanistan 2001 *
Venezuela 2002 *
Iraq 2003 *
Haiti 2004 *
Somalia 2007 to present
Honduras 2009 *
Libya 2011 *
Syria 2012
Ukraine 2014 *
Pakistan 2022 *
And before the second world war.
Um absurdo! Cadê as nações unidas para impedir esses atos imperiais vergonhosos??
Exactly... Hypocrisy and double standard.. That's west
Damn... I wonder didn't they hear the word ashamed?? Omg
India is not bound by any G7 decisions, including who to sanction and how. Russian freight planes start flying gold from Russia to India, for a mutually agreeable price. Problem solved.
The west can impose secondary sanctions, i.e. sanctioning those who has not joined European sanctions and who continues buying Russia's goods. When and if this happens, this will be the real test for not joined countries.
@@olgaluna6447 Trade in domestic currencies! Checkmate...
Because of this Tulsi Gabbard will be the next president or vice president
@@olgaluna6447 Well they'd have to most likely Sanction most of Asia and Africa, India and China specifically which would be horrible for everyone.
@@olgaluna6447 secondary sanctions are just useless
india and china are major trading partner of the EU and largest trading partners of the usa
at the end EU and usa will only suffer india and china can shift their focus in asean, latin america and africa (where currently the trade is very less)
also the more west sanctions a country the stronger they come out lol
west sanctioned nk today they have nukes and can easily destroy japan and sk, west sanctioned india in 1998 after pokhran tests today india is 5th largest economy, currently west has sanctioned russia and today russian ruble is stronger than ever, sanctions on iran will also prove to be useless
the more you oppress the more they will come out stronger
Use of Gold
Jewelry 55%
Investment 25%
Central Banks 11%
Technology 8.3%
Those are lovely earrings and a nice ring you have Palki, are they Gold?
It seems to me Gold is mostly a luxury item..
All that glitters is not gold.
The biggest boomerang effect Wil go to G7 countries,nobody would try to go business with them ,why fear of sanctions
What about Russia using food as a weapon gold is important but not as important as food people can't eat gold
so you mean without russia the whole world cannot survive
this war has indeed revealed a lot
Who is G7, as a global citizen I have my rights, not a G7 slave
Gold is handy for wiring a spaceship, wearing gold is tacky and shallow.
I thought sanctions had no effect, because the BRIKS can manage everything on their own, so why not gold? If you can buy discount oil from Russia, why not gold? It is after all a free world.
China and India really like their exports to Europe and USA. India exports next to nothing to other BRICS countries.
A free world where people get jailed for reporting truthfully, and there's always one point of view in the media of any Western country. I laughed, thanks.
@@116ru8 You are welcome:) - but one point - maybe you mean at least one point - as opposed to Russia media, where contrary views (western) are simply prohibited or shut down? Russians are not even allowed to talk about the war, let alone critizising it!
@@pekkanumminen81 Well, they might want to change that in the future, as at least Russia will probably still someone to trade with, now that they have been abandoned from the luke company of "hostile" west.
@@sorenutube Where I come from, there are no free media that, with the help of foreign sponsors, influence the information field. Russia is an authoritarian country that does not impose democracy and "freedom" on other countries. It is the Western countries that position themselves as the "free world" which in fact is even more unfree than Russia. We don't need the kind of freedom of speech you have in Syria, Libya, Yemen or Iraq that you have established there.
Wonder what would happen should Russia demand gas payments in Gold?
Russia is the 4th largest gold _exporter,_ they don't want to "import" gold by making others pay in that currency.
That’s the reason why US struck Libya because Gadafi wants gold for payment
@@glendatrottier8842 To be honest I don`t think the Brics countries including middle Asia is interested in what become of or from the West or US which want to set terms and conditions the rest of the world MUST follow. Brics is looking at establishing new trading conditions and trading partnership across the globe excluding The European union and G7 countries. If it is true that China (which is part of Brics) developed a new micro processor they don`t need US or EU anyway. I think EU, UK and US already know this but with propoganda try and hide it from the public - hoping something will change before it gets worse.
Who's buying that gas? It's also about to be axed.
Maybe china
Tell us about BRICS. India chose sides.. Good luck with that!
Why the hell whole world's can't put 7 countries aside and move on?????