๐จ SIGNIFICANT DEVELOPMENT: RUSSIA IS DISPOSING OF GOLD RESERVES
This is not just background chatter โ it signifies a critical macroeconomic alert.
๐ท๐บ Reports from Russia reveal that the country has liquidated about 70% of the gold in its National Wealth Fund, decreasing its stock from over 500 tons to an estimated 170 to 180 tons.
Why is this happening at this moment?
โข Financing the ongoing conflict in Ukraine
โข Addressing growing budget deficits
โข Coping with sustained pressure from global sanctions
โ ๏ธ Why this is important
Gold serves as a nationโs financial safety net โ the last resort asset.
When a country starts offloading significant amounts of it, it often indicates that the financial challenges have escalated. With diminishing gold reserves, risks associated with inflation, currency stability, and fiscal responsibility tend to increase dramatically.
๐ Wider implications
โข An increased supply of gold could exert downward pressure on prices
โข It underscores the strain within economies grappling with severe sanctions
โข It emphasizes that contemporary conflicts are waged as much through financial means as through military power
๐ History teaches a vital lesson:
Countries do not release gold while they are in a strong position.
They choose to sell when other options are running out.
Could this indicate a fundamental weakness for Russia โ or is it the first move in a larger global financial shift?๐
$ENSO $SOMI $KAIA
ENSO
1.33
+7.17%
SOMI
0.1701
-13.56%
KAIA
0.0498
-13.99%