you cannot exchange a ruble for gold therefore it isn't backed by it. just saying it is pegged to gold on official exchanges but then never letting anyone trade it at the official rate is not "backing" it. it's a load of bullshit. fuckin' venezuelan asswipe bolivars are pegged to the us dollar officially. but nobody can trade for that rate. same scam, different retard nation trying to make their currency seem stronger than it actually is.
United States