Russia Should Trade Her Oil for Gold Rather Than US Dollars
By GCRU Gold News on Thursday, April 28 2016, 23:26 - Permalink
Russia and some oil-producing countries are interested in reducing the market influence of its financial "build-up" that seems to be self-perpetuating. Why do they not use gold and the other investment tools that have limited speculative potential in addition to the ruble and yuan, given the high dollar volatility?