Housekeeping: We have several posts in the cue on the BRICS Summit. This one is a summary of their agenda as it pertains to next steps towards Gold as a tool of dedollarization and with it internationalizing Yuan use.
China’s Strategy: Brics Global Vault Network
Saudi Vault: The Core of the Network
Southeast Asia Vaults: A Regional Gold Corridor
Africa Vaults: Expansion and Integration
IMF Projection and Reserve Shifts
Six Key Takeaways
China’s Strategy: Brics Global Vault Network
The plan, layout, and strategic channels for China to build overseas gold vaults represent one of its key initiatives going forward. Here are the 3 key steps in the rollout.