16 Sep 23
@no1marauder saidIt is Russia that may adopt the gold standard.
Talk about goalpost moving! From the OP:
MB: This is because of competition from BRICS adopting the gold standard.
Anyway, BRICS couldn't agree on any type of new currency and only Brazil discussed the possibility of a BRICS currency in their public statements at the end of the summit:https://www.msn.com/en-us/money/markets/the-brics-summit-ended-with-no-new- ...[text shortened]... -commentary-on-de-dollarization/ar-AA1fRE6N?ocid=msedgntp&cvid=eda7111838fe4c608380cdf7e5381fc2&ei=8
https://www.zerohedge.com/geopolitical/currency-wars-versus-gold-standards
@metal-brain saidHow many picograms of gold will each ruble be worth do you think?
It is Russia that may adopt the gold standard.
https://www.zerohedge.com/geopolitical/currency-wars-versus-gold-standards
I’m sure Russian citizens will be allowed to exchange their cash for gold and spend it outside the country. Why wouldn’t they be allowed to do that?