Russia's gold sell-off has significant implications for global markets and geopolitics. The country's decision to liquidate its gold reserves at an unprecedented rate signals financial struggles and a desperate attempt to address widening economic gaps, prop up the falling ruble, and patch a soaring budget deficit. ¹ ² ³

The sell-off may provide temporary relief, but it also risks accelerating the depletion of Russia's reserves and increasing dependence on asset sales. This move could lead to:

- *Increased market volatility*: Large-scale gold sales can impact global gold prices and market stability.

- *Geopolitical tensions*: Russia's actions may exacerbate tensions with Western countries and impact global economic relationships.

- *Shift in global economic power*: Russia's reliance on gold sales may accelerate the rise of alternative currencies and economic alliances.

Experts warn that Russia's economic situation is dire, with the National Wealth Fund dwindling from $113.5 billion in 2022 to $51.6 billion in 2025. The country's gold reserves have decreased by 57% from 405.7 tons to 173.1 tons.

What do you think about the potential consequences of Russia's gold sell-off on the global economy? Could this be a sign of a larger economic shift, such as a decline in the US dollar's dominance?