First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/04/29/could-the-shift-of-gold-west-to-east-set-the-stage-for-a-new-gold-backed-currency-003152
<p><img src='https://www.moneymetals.com/uploads/content/shift-of-gold-from-west-to-east.jpg'/></p>There is no doubt that gold’s axis is moving to the East - particularly China. Could this be setting the stage for a gold-backed currency to challenge the dollar?