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Gold is Playing the Major Influence Behind The Russia /Ukraine War

Bitcoin is real volatile and has reacts totally out beyond expectation

By EstalontechPublished 4 years ago 5 min read

We believe that, as much as we despise Russia, initiating further conflict with them at this moment is not a sensible move, since the feud will persist ,until they find a solution at the negotiation table .

Russia is becoming increasingly isolated on the world stage. Effective immediately, all flights from Russia are forbidden from flying over the whole European Union’s territory.

A rising number of airlines have totally suspended operations. In actuality, the United States has issued an order requiring all American citizens to evacuate the nation immediately, citing the economic implications of sanctions as cause.

As a result of these worries, Russia’s stock exchange is presently closed owing to fears of a financial disaster, which is having a big impact.

People’s wages are now worth significantly less today afternoon than they were when they woke up the previous morning as a result of the sinking ruble and consequent hike in interest rates. Something similar this happened only a few hours earlier. Large crowds have developed outside banks as customers try to shift their money into a more secure and safe area.

Solid cash may have been legitimately emptied from ATMs, since reports of bank runs in Europe of banks controlled by Russian banks is already happening owing to anticipation about the quick implementation of the ban and the depreciation of the Russian currency. As a result of the overwhelming number of consumers who raced to purchase them before they became too expensive, some big electronics retailers actually ceased selling cellphones and PCs.

Looking from the top, it’s tough to deny that Russia has undoubtedly been planning an invasion for many years. The United States may appear to be the only country that Russia fears, but the United States has its own enormous issues at home, with a national debt of more than $30 trillion dollars, compared to Russia’s debt of less than a tenth of a trillion dollars. Many doubt they want to become too involved, so let Joe be his war president, but neither the Democrats nor the Republicans are making much noise or showing much support for either countries , as they have yet to recoup from their previous engagement from middle east .Today , he is happy on making the annoucement on the restriction on airspace, but many guess just how much that has effect on the russian as they have thier own aircrafts and not many are flying since the Covid pandemic, maybe that’s whats he feels is pressurizing on Russia ? Frankly EU Mdm Ursula has done better when she rouse up on restriction on Swift International Payment and allies heat up to find opportunities to supplies arms to Ukraine

With the current administration attempting to streamline their nation’s budgetary predicament, it would have been met with a battle of attrition from their congress, and the United States may not even be able to pay the interest on their loan as time passes because they will be unable to pay the principal on their debt, unless new funds backflow from Europe, and this is why many see the administration and EU simply express more interest in oil and pump prices even while the people are suffering in the warring states

The United States has just two options: raise the tax on its taxbooks, which is now 45–50 percent, or decrease the tax. They’ll have to either raise it to make it operate properly, or print more money to get out of the problem they’ve made by weakening the world’s most powerful currency at the time of writing.

According to them, US intelligence had actually pre-warned all parties of this possible invasion because there was so much uncertainty in the market at the time, and even the smallest effort to stoke off the invasion failed, bringing both Russia and Ukraine into both economic and humanitarian crisis .

During a conflict, Bitcoin’s value should theoretically rise, but reality is considerably more unpredictable than logic can predict.We leave this point,and see how the market will react ,as Bitcoin is real volatile and reacts totally out beyond expectation

Whatever the scenario, the most significant thing I learnt was that Russia has a lot of reserve, and I mean a lot. Given that Russia has over 640 billion dollars in gold reserves but only roughly 140 million people, this data may be out of date, and no one knows how much gold Russia truly holds. This quantity may change from source to source, although most estimates indicate a minimum of $106 billion in stock.

As a result, every 1% increase in the price of gold yields an additional one billion dollars in annual revenue, which will be used to finance their war effort. That’s the only thing there is to it.

After a flurry of discussions over the weekend, officials from the European Union and the United States came to a…

Instead of selling gold, they will very definitely sell oil, which is currently experiencing extreme price volatility.

The fact that Russia is a substantial exporter of bulk commodities (especially grain) and being a significant importer of high-value items is the fundamental cause of the country’s agricultural trade imbalance. As a result, livestock products , fruit and nuts, and packaged meals and beverages were Russia’s most important agricultural imports.

Despite being the country’s most important agricultural imports, the number of these high-value products imported has declined dramatically, indicating that Russia is increasingly self-sufficient. They’ve been planning for almost 8 years since .

Are interest rates on the verge of a spike?

Second, the Russian Federation has established itself as a significant grain exporter, notably of wheat. It has just surpassed the United States as the world’s leading wheat exporter. According to the World Agricultural Outlook, Russia shipped between 10 and 13 percent of total world grain exports and between 20 and 23 percent of total world wheat exports during the 2017–2018 crop year (Fig. 4). 3 Wheat accounted for 80% of all Russian grain exports in the 2017–2018 crop year, while barley and maize accounted for 11% and 9% of total grain exports, respectively.

According to the International Organization for Standardization, Russia’s main grain export customers include a number of Middle Eastern and North African countries (particularly Turkey and Egypt), several Asian countries (particularly Bangladesh and Vietnam), Nigeria, and some former Soviet republics (such as Latvia and Azerbaijan).

Russia has been planning this for a long time, and NATO should not get complacent in the face of it. They have calculated all conceivable acts done by any party, direct or indirect, and the path to peace is to not do what they had already planned.

economy

About the Creator

Estalontech

Estalontech is an Indie publisher with over 400 Book titles on Amazon KDP. Being a Publisher , it is normal for us to co author and brainstorm on interesting contents for this publication which we will like to share on this platform

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