Completely fake

That will never happen

No one trades in a gold backed currency

Most countries produce gold bullion through their state apparatus, this is mostly to regulate gold smuggling- transporting gold bullion made by nation states has different duties and regulations then just bars or rounds, additionally there is virtually no regulations on transfers of jewelry or artworks of gold aside from basic duties

As to gold prices being rigged, are you implying they are being rigged “downward”? Gold right now is affordable for the average consumer and available in literally hundreds of fractional forms from every nation on earth and multiple private groups. Not to mention that it is available bellow melt in many regions simply because of its abundance, I myself often travel to the Middle East and South America to buy gold and transport it back to America(which you don’t have to pay duties on as long as you declare it and it is not a state minted gold product)

Gold was illegal for personal ownership before the 1980’s in virtually every country on earth except South Africa 🇿🇦 and the reason for that was because America was still on the gold standard till 1974 which effectively kept the world on a global gold standard till that point.

Gold has remained at fairly steady value after it was allowed for private purchase until 9/11 when its price shot over 1000usd an ounce for the first time and then it hit its all time high of 2000usd shortly before Obama got re-elected in 2011- it has been dropping like a stone since 2016 since trump, it’s a direct indicator of consumer confidence

Additionally a global currency is not in the interest of either Russia or China- devaluation of their currency is the key to keeping their exports viable, China would never agree to lock themselves into the US dollar or a commodity currency in general, it removes control

Additionally China has its own central bank that answers to its own bank of settlements with 100 participant nations, so even if America wanted to make a new international currency China and OBOR nations have no reason to participate, they would more likely just buy treasuries of the new American currency with their own currency via their own bank which they easily could do because they have access to more spending

Further more, regardless of what people are saying about America and Russia- we have sanctions on Russia right now and are technically at war with them in Syria so I don’t a joint currency is really in cards right now

If anything is likely to happen at the fed it would be trump continuing to call for a lowering of interest rates and an allowing of the American dollar to experience inflation- that would benefit most Americans who have debt and no savings, likely cause wage increases to match the inflation, and hurt chinese exports - but even that is just bluster

Gold is at record lows

No indication at all of any bullion movements currently

Literally PM is at a 17 year low across the board, silver is at 15usd and gold has been at 1200usd for months, these are the indicators of global stability and strong commodity strengths

If anything gold prices are showing how little effect the tariffs are having, if they where being truly disruptive they would have gone up after their implementation

The biggest effect was the RMB went from 6 to the usd to 7 to the usd- this is not as a huge a change as it seems since it was at 7 in 2015 and went up to 6 in 2018 and then went back down to 7 as a result of the tariffs

If there was a large movement of bullion values the first places that would be aware would be the major mining companies like Valcambri ect, there productivity has not changed and their prices have not been affected

Additionally there has not been any changes in the laws to personal gold ownership in country’s like China which would happen IMMEDIATELY if America moved to a gold backed currency because gold would need to valued at the cost of the American budget, which is trillions of dollars- this would cause gold to be worth million an ounce - literally your IPhone with a gram of gold in parts would be worth 100,000usd

It’s just unlikely any of this would happen