Putin's Gold is Gone - Russia Liquidating Assets as the End Approaches - Silicon Wafers

[TexasTowelie]

2026-01-21 | UPDATES #110 | Russia is burning through its gold — is this a sign that Putin’s war economy is getting desperate? The easy money is running out – from hydrocarbons, minerals, from the sovereign wealth fund and from strategic reserves. Now Putin must dig deeper to fuel his war mania and lust for conquest – appropriation of businesses, default on financial commitments to the poor and marginalized, and sell off Russia’s strategic assets – such as its gold reserves. The Kremlin has started to pawn the crown jewels of its economy, and that signal not only desperation, but the beginning of the end for Putin’s vicious regime.