
Brics 2025 Summit Democratizes Gold Ownership
Housekeeping: Good Morning.
“Comex is dying”
Topic:
* Brics 2025 Summit Democratizes Gold Ownership
Market Analysis:
China is accelerating efforts to internationalize the yuan using gold as trusted collateral in global trade. The July BRICS Summit will highlight a shift from rhetoric to infrastructure, featuring a decentralized network of gold vaults built outside China and controlled locally. This structure allows trade partners to settle in yuan while holding gold as a neutral, stable asset—functionally replacing U.S. dollar reliance in key payment chains.
Oil exporters and emerging…
The skinny
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