As a person who is 18 years old and comes from a country between the east and the west, i.e. from Poland, I will say this: the height is impressive, even slightly terrifying, seeing what it is like in Poland. However, I see a fact not discussed here, i.e. 1. it proves that whoever has the goods has the market. Russia happens to be a country with raw materials. The second thing I see is that, from what I know, Russia is getting rid of its gold assets, which allows it to finance the war economy. Fortunately or unfortunately, either gold or war has to end, and then there may be a temporary collapse of the economy.
So my latest assessment is that Russia has built up massive gold reserves and is certainly not officially reporting a large part of its holdings.
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