I’m not certain China will move to an actual gold standard, but they have been buying a lot of gold.
We are moving toward becoming Argentina with nukes, with hyperinflated digital-only govt-controlled CBDC Weimar Buck Pesos.
The big loser will be the American people, that’s certain.
It is my understanding that the BRICS are looking at a fractional gold standard.
I suspect we will rue the day Nixon took us off the gold standard and put us on a debt economy.