Is Russia Moving to a Gold-Backed Currency?
By GCRU Gold News on Monday, May 4 2015, 23:30 - Permalink
Russia is probably not going to issue a gold-backed currency. It's not going to overtake the U.S. economically in any way. However, the Russians can set a good example of smarter economic policies moving forward for some of the other big players such as China and Japan. That includes exchanging U.S. government debt for gold.