Massive gold holdings power Russia’s reserves near all-time high despite global recession

In the midst of the worst global economic performance ever, Russia's reserve position is near an all-time high. Not because of energy or agricultural exports. It's because they have 20% gold in their reserve position. Elvira Nabuillina is the smartest central banker on earth. pic.twitter.com/BS5IPQbpT4

— Jim Rickards (@JamesGRickards) July 31, 2020