More on the Possibility of a Gold Russian Ruble

02/11/2015 Mises Wire Ryan McMaken

At minute 15 of this discussion, Michael Oliver discusses Marcia Christoff-Kurapova’s Mises Daily article on Russia’s gold-buying spree. What are the Russian and Chinese states up to? Listen here.

In related news, in Monday’s New York Times, we find that Russia, in spite of its huge gold purchases in recent years, is showing little interest in defending the ruble, which continues to lose value.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

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