Russia's central bank just hit a major milestone - their gold holdings have climbed to an all-time modern record! Gold now represents 42% of their entire reserve portfolio, the highest proportion we've seen since the mid-90s. This aggressive accumulation strategy signals a clear pivot toward hard assets. Worth watching how this plays out against the broader de-dollarization narrative and what it means for precious metals markets moving forward.
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SerNgmi
· 12-06 11:50
Russia is frantically stockpiling gold; this is preparation for de-dollarization... We need to closely watch this wave in the gold market.
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NFTragedy
· 12-06 11:46
Russia is playing this round of the financial game pretty ruthlessly. With gold accounting for 42%, they’re directly targeting the US dollar—truly ruthless.
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NFTregretter
· 12-06 11:37
Russia's strategy is really impressive—42% is all gold. Simply put, they just don't trust the US dollar anymore.
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LiquidationTherapist
· 12-06 11:28
Russia's move this time is really ruthless, with 42% of its reserves in gold... it's a direct slap in the face to the US dollar.
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OnchainDetective
· 12-06 11:25
Russia's gold reserves have surged to a historic high? According to on-chain data tracking, the capital flows behind this are worth a deep dive. The 42% share is impressive, but what's truly interesting is—when did they start large-scale buying? Through multiple address associations, several suspicious trading patterns have already been identified, and it feels like this is more than just simple de-dollarization.
Russia's central bank just hit a major milestone - their gold holdings have climbed to an all-time modern record! Gold now represents 42% of their entire reserve portfolio, the highest proportion we've seen since the mid-90s. This aggressive accumulation strategy signals a clear pivot toward hard assets. Worth watching how this plays out against the broader de-dollarization narrative and what it means for precious metals markets moving forward.