BRICS will Break the Dollar and Usher a Return to Gold

BRICS will break the dollar and usher a return to gold – Mises Institute  The U.S.-led West will soon witness the end of the dollar’s preeminent position in international trade, and all of fiat will follow, writes Patrick Barron on behalf of The Mises Institute, which endorses the Austrian school of economics in the tradition of Ludwig von Mises. Barron says the recent BRICS summit in Johannesburg, South Africa, included “an agreement on a first step toward establishing an alternative international trade settlement system based on commodities, which would certainly include gold.” “Although the coming change may be characterized as one…