Blog: UK, U.S., Japan and Canada to ban Russia gold imports

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3 comment(s). Last comment by arv18 2022-06-26 18:06

OnTime

2,188 posts

Posted by OnTime > 2022-06-26 17:45 | Report Abuse

more cheap gold for china and india to snap up!

Tobby

7,397 posts

Posted by Tobby > 2022-06-26 17:55 | Report Abuse

Yeah, good for India and China! Buy cheap from Russia, refurbish them and sell back to UK, US, Japan and Canada!

arv18

2,646 posts

Posted by arv18 > 2022-06-26 18:06 | Report Abuse

You can't ban Gold or Oil sales. You may opt not to buy yourself, but you can't stop other countries, especially India and China from making purchases (which is the two largest gold consumers in the world).

PS: US, UK Japanese and Canadian citizens will be more concerned with cost of electricity, gas, petrol and food than gold.

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