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Russia’s Rebellion and a Return to Gold-Backed Currency

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Geopolitical Evolution: Russia’s ‘Rebellion’ & A Return To Gold-Backed Currency

BY TYLER DURDEN
SUNDAY, JUL 02, 2023 – 07:00 AM

Authored by Alasdair Macleod via GoldMoney.com,

The increasing number of nations seeking to join BRICS brings geopolitics into the spotlight. At the time of writing, existing members, those who have applied to join and those expressing an interest total 36 nations, with over 60% of the world’s population and one-third of global GDP.

Plans for a new trade currency backed by gold appear to be on the agenda for the BRICS meeting in Johannesburg in August. In this article, the geopolitical aspects of its introduction are considered, and the indications that how it will involve gold are discussed. The mechanics of this project are then suggested.

Read Full Article:
https://www.zerohedge.com/geopolitical/geopolitical-evolution-russias-rebellion-return-gold-backed-currency

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