Russia trying to dump rubles into gold is a good thing? Lol. Ok. That still doesn’t get Russia access to the western market/global market. Russia is willing to overpay for gold and sell its oil at a discount and has propped up it’s currency with emergency measures but none of that will get them back into the western market. Russia has to create an alternative to the west, its that simple. Autos, heavy machinery, chemicals, medical supplies and medicines, it goes on and on. Russia has a huge undertaking in front of it and blew through $40b in reserves last month and it’s just going to get more expensive. They probably can go 2-3 more months with what they have to build a new market until it all falls down. Try to understand Russia can stock pile gold, rupees, and everything else but it won’t mean Jack if they can’t build a new market outside of the western alliance. Look at what Russia is trying to do with India and you’ll understand the Russian situation better.
https://www.moonofalabama.org/2022/04/europe-must-learn-to-cheat-on-its-sanctions-just-like-the-us-is-doing-it.html
Russia, one of the worlds biggest producer of Gold, wants ...... more Gold. When what Putin needs is goods to put on the shelves to keep the natives from getting restless. And oh BTW a competent military might help in the next invasion of hmmm Botswana or a similar country they might be capable of defeating.