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Podcast: Gold Silver Pros
Episode: Russia's REAL Reason for Managing its Ruble with Gold
Description: Deso joins us again to discuss the #gold to ruble "peg", for which it is not, and the fact that #russia is using it to support a ceiling for Ruble value.
In other words, Russia expects the ruble to appreciate due to demanding it in payment for its natural gas. And they need gold to keep it from going too high. Â Â
Kirian also provides us with background on the oil shortages and how Saudia Arabia and Russia have contributed to the oil wars.
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