🇷🇺 🇨🇳 Russia and China:

Began massive gold purchases, driving up the price and Putin ended up with a $216 billion profit.

Russia has gained more than $216 billion from rising gold prices since invading Ukraine, offsetting much of the roughly $300 billion in sovereign assets frozen abroad.

The value of the central bank’s gold reserves has more than doubled, lifting gold to 43% of total reserves.

This happened after China and Russia began aggressively buying gold, sending prices soaring.

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