this post was submitted on 05 Sep 2024
1 points (100.0% liked)
Ukraine
8202 readers
45 users here now
News and discussion related to Ukraine
*Sympathy for enemy combatants in any form is prohibited.
*No content depicting extreme violence or gore.
Donate to support Ukraine's Defense
Donate to support Humanitarian Aid
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Gold is nothing if not something that can be easily and efficiently smuggled. The gold can be simply re-cast into generic gold bars or minted into back-dated Russian bullion coins. Just one passenger car can smuggle millions of dollars of gold across the border while attracting little scrutiny. From then, it can simply be easily sold to bullion dealers. Then the cash can be ferried back across the border or deposited in accounts at Kremlin-friendly banks.
If you have a network of agents doing this, you could probably offload thousands of ounces worth millions of dollars a month.
There's also the simple option of sending it all to a shady Chinese commodities exchange.