This is good because fiat currencies are bad. Fiat is great for the elite but the other 99% suffer.

https://kingworldnews.com/putin-is-close-to-finalizing-asian-trade-settlement-in-gold-that-will-rock-global-currency-markets/

jean 28 2023 Russian President, Vladimir Putin, is close to finalizing Asian trade settlement in gold. This move will cause enormous chaos for the West and will also rock world markets as gold is brought back into the monetary system by the great chess
master, Putin.

Putin’s Move To Bring Gold Back Into The Monetary System
Alasdair Macleod: “The physical market is very, very tight. And the reason it’s tight is because of the developments between Russia and all its partners in the Shanghai Cooperation Organization. They are going to have a Gold Standard. What has been
discussed between the members of the Shanghai Cooperation Organization and particularly Sergey Glazyev, who has been heading the committee on this new currency, is they want to have something better than the dollar. That has led to this evolution toward
trade arrangements being settled, on balance, with gold. And that’s obviously what (Russian) President Putin wants. Now that is destructive for Western fiat currencies.

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