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100 sats \ 1 reply \ @ssaurel 3h \ on: Russian Central Bank Selling off Gold Reserve econ
If Russia is starting to sell the gold it has been hoarding for years, it's because it's truly on the brink of financial collapse and desperately needs cash to finance its war.
Otherwise, selling its gold for weak money would make no sense. The only plausible reason would have been to sell some of that gold to buy Bitcoin.
lol
some would say selling gold on ATH is a smart move
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