For the first time in 24 years, Russia is dumping massive amounts of its physical gold reserves. A staggering 15 metric tons vanished from the vault in just 60 days—the biggest liquidation since 2002. Despite Kremlin propaganda claiming economic stability, the numbers reveal a disturbing reality: the unsustainable cash burn rate to fund the war is forcing the Central Bank’s hand. While geopolitical luck briefly spiked oil revenues, the immediate need for hard currency drove this historical sell-off before that oil cash arrived. This isn’t just routine asset management; it’s a red alert regarding Russia’s shrinking war chest. In this episode of Weekly Economic review, I break down the official Central Bank data, expose the depth of the hidden budget deficit, and explain exactly why selling the ultimate safety net is a move of absolute desperation. Today we discuss: 👉 The physical math of

Source: Liquidating Reserves: Russia’s Biggest Gold Sell – Off Since 2002