11 Could Russia save the falling Ruble by backing it with Gold? Article from 2014 but the question remains. (www.cnbc.com) posted 2 years ago by QutlawJoseyWales 2 years ago by QutlawJoseyWales +11 / -0 7 comments share 7 comments share save hide report block hide replies
While selling off most of their US treasury bonds.
Yes true, divesting in the Dollar by selling off the US treasury Bonds helped buy a Lot of that gold. China has slowly been doing the same thing.