shockin

🚨 #SHOCKIN : RUSSIA SELLS OFF MOST OF ITS GOLD RESERVES!
Russia has liquidated around 71% of the gold held in its National Wealth Fund to help cover costs from the war in Ukraine. Over the past few years, the fund's gold holdings have dropped sharply from over 500 tons to just around 170-180 tons now, as the government deals with budget shortfalls, sanctions, and high military spending.
This really highlights how much pressure the Kremlin is under. Once these reserves run low, Russia loses a major buffer, making it more exposed to economic issues, inflation, and market pressures.
At the same time, investors are keeping a close eye on this. Dumping that volume of gold affects global supply and can weigh on precious metals prices, turning the conflict into a bigger financial story with worldwide ripples. 🌍💥
If you want, I can break down what that sold gold would be worth at today's prices and what it actually means for Russia's economy in hard numbers — it's pretty eye-opening.
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