Rafi Farber: Is Russia About To Back The Ruble With Gold?

Russia has abolished its VAT on gold while its central bank has suspended gold purchases from banks, encouraging the Russian people to buy the metal instead.

Is this the beginning of a return to a gold standard in Russia?

If so, the rug would be quickly pulled out from whatever remains of the dollar. The implications for silver, of course, are huge.

So to find out what’s really happening, click to watch this video now!

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