Alasdair Macleod: Gold-backed Ruble Would Destroy Fiat Currencies

Liberty and Finance, Released on 9/14/23

Russia could go to a gold-standard, says Alasdair Macleod of A gold-backed currency would spell disaster for all paper currencies. Macleod discusses how such a move by Russia would likely impact the gold price.

0:00 Intro
3:00 Banking crisis
15:00 Russian gold-currency?
33:00 Gold vs fiat currency
39:40 Gold convertibility
46:48 Miles Franklin

Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy. Read Macleod’s writing:

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