21-03-2022, 05:31 PM
just another fake news from the west.... Russia did not even try to sell gold... and why will Russia want to sell gold for usd when it will be even harder for them to get rid of usd than gold. just another nonsense from usa that usd is best option as reserve currency...
and the most important point is at the bottom - just back the ruble with gold to prevent it from further dumping by the west...
If the currency continues to fall relative to the US dollar, Credit Suisse strategist Zoltan Pozsar told Bloomberg that the country could use the stockpile to effectively revert to a gold-standard, using it as an "anchor" by selling it at a fixed price in rubles.
and the most important point is at the bottom - just back the ruble with gold to prevent it from further dumping by the west...
If the currency continues to fall relative to the US dollar, Credit Suisse strategist Zoltan Pozsar told Bloomberg that the country could use the stockpile to effectively revert to a gold-standard, using it as an "anchor" by selling it at a fixed price in rubles.