The Gold Standard Is Back: BRICS To Intro Gold-Backed Reserve Currency

Remember back when the Russia/Ukraine war had just started, and I predicted that Russia and China would launch their own gold backed currency?

At the time, this idea sounded completely foreign, and I was ridiculed for bringing it up. Today, it just become reality. 41+ countries look like they could be returning to a gold standard. 

There You Go - It’s Official

‘BRICS planning to introduce new trading currency backed by gold at August summit’

‘Gold standard will be a great benefit to strengthening single currency’

‘41 countries have applied for BRICS-membership’

Source: RT / Russian Embassy pic.twitter.com/zmqOKiXlsa

— Willem Middelkoop (@wmiddelkoop) July 7, 2023