Isn't that what gold reserves are for? A last resort?
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Selling off gold reserves is a sure sign that the Special Military Operation is going well.
It feels inevitable that Putin is going to fall out a window.
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“The National Wealth Fund held 405.7 metric tons of gold before the full-scale invasion of Ukraine. Since then, the Finance Ministry has liquidated around 57% of that stash—about 232.6 tons—to shore up the budget.
As of November 1, 2025, the fund’s gold holdings have fallen to 173.1 tons. Combined liquid assets, including yuan holdings, have dropped from $113.5 billion before the war to just $51.6 billion today. As a share of Russia’s GDP, unspent reserves have shrunk fourfold.”
Hell ya.
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Like a true Soviet hes going to bankrupt his country, again. Interesting how this keeps happening.
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So, the western financial sector is now going to fund the Russian war machine directly by buy this?
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Gold is as worthless as paper
When will we stop this practice of saying something worthless is valuable just so that greedy fuckers can hoard that crap?
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