3 ms·
Russia Liquidates 71% of Its Gold Reserves to Finance War Effort
- toomuchtodo 10mo agohttps://x.com/TheStudyofWar/status/2012381870462222653 https://x.com/TheStudyofWar/status/2012381870462222653 | https://archive.today/tqqfx https://archive.today/tqqfx https://web.archive.org/web/20260102013832/https://carnegieendowment.org/russia-eurasia/politika/2025/09/russian-economy-forecast https://web.archive.org/web/20260102013832/https://carnegiee... https://www.clingendael.org/publication/assessing-strength-and-stability-russian-regime https://www.clingendael.org/publication/assessing-strength-a... https://www.themoscowtimes.com/2025/08/01/russia-limits-access-to-key-economic-and-demographic-data-amid-downturn-concerns-a90068 https://www.themoscowtimes.com/2025/08/01/russia-limits-acce... https://www.themoscowtimes.com/2025/07/07/rosstat-stops-publishing-monthly-population-data-amid-war-deaths-demographic-crisis-a89696 https://www.themoscowtimes.com/2025/07/07/rosstat-stops-publ...
- DivingForGold 10mo agoRussia mines approximately 300 to 330 metric tons of gold annually, so it's the world's second-largest gold producer after China. Production in 2024 was estimated at 310–330 tons, with significant output from Siberian and Far Eastern regions like Krasnoyarsk Krai and Magadan Oblast. So in a couple of years or so that amount of ~395 tons sold off can be replaced.