Loading ...A New Gold Standard? Kremlin Confirms Intention To Back Ruble With Gold And Commodities
Security Council’s Nikolai Patrushev says ruble’s value will be determined by gold and commodities.
On Tuesday 26 April in an interview with newspaper Rossiyskaya Gazeta (RG), the Secretary of the Russian Federation’s Security Council, Nikolai Patrushev, said that Russian experts are working on a project to back the Russian ruble with gold and other commodities.
when Nikolai Patrushev says that Russia is working on a plan to back the ruble with gold and commodities, it is not just anyone saying this, it is being said by the highest echelons of the Russian Government.