The appreciation of Russia’s gold reserves has nearly replaced the value of the assets frozen by the European Union.

Russia has sold 71% of National Wealth Fund gold reserves to finance war. Budget deficit balloons 5x as oil revenue drops 22% ...

Russian citizens are quietly accumulating a vast reserve of gold that now rivals the official holdings of mid-sized European nations. The move represents a structural shift in the country's household ...

Taken in combination with their recent stoppage of CB exports and China's taking their own Gold off the SHFE market, there is likely something very big coming in 2026. Putin knows how to squeeze ...