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Illya Gerasymchuk
Entrepreneur / Engineer
User Illya Gerasymchuk -

2025-07-03 17:51

(re)monetization of gold is already in progress

central banks have been consistently buying gold for many years

this is especially true for Russia & China

User

Over 10 years the Russian Central Bank has increased gold holdings by x4.5

πŸ‡·πŸ‡Ί Gold is now 35% of all international reserves held by Russia 🀯

πŸ‡ΊπŸ‡Έ Comparatively, for USA the number is 5%

This is why Russia and Ruble have been so resilient to sanctions

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