**Preview: Brics Dedollarization News
The brics have been busy.
Recall many times we have all heard that supply chains need to be reconfigured in the west.
Then recall Goldfix mention from time to time Payment chains (aka settlement chains or “rails”) need to be created in Brics.
Recall mBridge, BricsClear and the Bancor/Unit concept?
It is all actually happening.. slowly but irrevocably. The rubicon was crossed October 31.
Right after the run up in gold and Silver. And the bullion banks know it. And it scares them.. so they were covering.
Tomorrow we give the latest development in this massive world changing monetary effort in a collaborative effort that no one else in the world is talking about publicly, but is no doubt a factor in the recent Gold and silver spikes higher..
Friday:
2 reports will be published
1- Full GoldFix academic white paper cataloging Brics dedollarization progress. And their progress is substantial.
2- Summary post of what they are doing and what it implies including one new increment idea.
The implications are mind boggling for the future of trade.
And here’s the kicker… it’s not new. It was designed in 1944 and discarded by the USA because it would have killed the USD.
Talk tomorrow.
The key to all of it is in this map.. they do not want to use debt as money anymore at all. And the implications we feel are going to cause multigenerational inflation in the west.
