A World Dedollarized Is Gold Remonetized

• A World Dedollarized Is Gold Remonetized
  by Peter Earle via The American Institute for Economic Research, https://www.zerohedge.com/
  From August 22 through 24th, an extended coalition of over 40 nations which has become known as BRICS+ will meet in Johannesburg, South Africa.
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  Among the likely topics of discussion is the feasibility of setting up a jointly-owned international financial institution. It would be funded by gold deposits, issue a currency, and extend loans tied to the spot value of gold. There are substantial reasons to doubt the workability of the growing consortium’s plan.
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  But to dismiss it summarily, whether as bad economics or rote anti-American propaganda, is to dismiss a moment five decades in the making.
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