RUSSIA & CHINA'S GOLD PLAY IS QUIETLY RESHAPING GLOBAL FINANCE
Russia and China have spent years aggressively stockpiling gold-and the payoff is now impossible to ignore. As gold prices surged, Russia recorded an estimated $216B in gains, even as roughly $300B of its foreign reserves were frozen.
Gold did exactly what it's meant to do:
Russia's central bank gold holdings more than doubled
Gold now makes up ~43% of total reserves
Unlike cash or sovereign bonds, gold can't be easily frozen or sanctioned
China's consistent accumulation reinforced the trend. This wasn't random timing-it reflects a deliberate, long-term strategy to reduce reliance on the U.S. dollar and build sanction-resistant reserves.
Message to the world: In an era of financial weaponization, hard assets still matter-and gold is back at the center of global power.
