25 September 2023
China and Russia lead in global gold production. Historically, gold has been significant in money systems and may become crucial again, countering central bankers’ habits of money printing since 1914. Critics have dismissed gold, ignoring its historical prominence. Nixon’s departure from the gold standard underscores its value. Many anticipate the decline of the Petrodollar and consequently, the U.S.’s global dominance. The shift away from the U.S. dollar in trade is evident, and groups like BRICS aim for a multipolar world.