Russia’s New Gold Rush Could Shake Up the International Monetary System Russia and China might be considering a gold-backed digital currency.

   Vladimir Gerdo / TASS Russia is buying gold. A lot of gold. Within the span of a decade, the country quadrupled its reserves. Gold buying last year exceeded mine supply for the first time, so Russia is about to become a net importer of the metal. Commentators have suggested possible reasons for the buying … Continue reading Russia’s New Gold Rush Could Shake Up the International Monetary System Russia and China might be considering a gold-backed digital currency.