From the "For What It Is Worth" Department:

I asked CoPilot (A.I. system) how a gold standard today might work. After thinking for 2.5 seconds, it answered:

"If America were on a gold standard today, it would mean that the value of the U.S. dollar would be directly linked to a specified amount of gold. Here’s how it is expected to work:

"Fixed Price for Gold: The country would set a fixed price for gold, and the government would be obligated to buy and sell gold at that price1.

"Currency Value Linked to Gold: The value of the currency would be determined by this fixed gold price. Essentially, paper money could be exchanged for a fixed amount of gold 1.

"Gold Reserve Requirement: Banks would likely be required to hold a reserve of gold equivalent to a fraction of the money they issued 2.

"However, there are significant challenges and criticisms associated with a gold standard:

"Economic Stability: It doesn’t guarantee financial or economic stability. In fact, history has shown that it can limit the ability of central banks to respond to economic crises 3.

"Environmental and Cost Concerns: Mining for gold is costly and environmentally damaging2.
Supply Issues: The supply of gold is not fixed and can fluctuate, which could lead to problems in maintaining a stable currency value 2.

"In summary, while a gold standard might seem like a straightforward system, it comes with complex implications for monetary policy and economic stability. The U.S. moved away from the gold standard because it was found to be impractical in the modern economy, and most economists agree that it’s best left as a relic of the past" 3.

Just not thinking for itself, in my opinion.

In her book, The God of the Machine Ch. VI, Isabel Paterson wrote about Spain, “…Finally, it should be observed that within its national borders Spain did attain perfect unity. Never has any people been so unanimous in sentiment, in thought, in manners and morals and religion and political loyalty, as Spain became subsequent to the expulsion of the Moors and the Jews. It was as solid as an iron bar.

That was what was the matter with it. In a living organism, such a condition is most akin to the rigor of epilepsy; it becomes permanent, it is death” and “Spain was electrocuted, burned out, by receiving a high voltage of energy into a political structure and mechanism without proper transmission lines, outlets, and insulation. Making contact with America, Spain picked up a vast stored charge of energy in the form of precious metals which were convertible into European currency. Thereafter the country presented an almost incredible spectacle, with treasure ships unloading bullion year by year in unprecedented quantities, and the people increasingly impoverished by inverse ratio until the were reduced hunger and rags…”

In a 2021 Forbes article Anne Stevenson-Yang wrote in part concerning China’s economic miracle “Perhaps the most durable myth about China is that the Communist Party has “lifted a billion people out of poverty” and should be revered for that monumental contribution. This is inaccurate for a number of reasons. First, poverty is not a static state that is cured by delivering a set of material goods. If it were, then the U.S. would still be thanking FDR and the Democratic Party for lifting us out of Great Depression poverty. Second, China’s abject state of poverty was, of course, created by Mao Zedong and the Communist Party in the first place. Other Asian countries leapt ahead during the 1960 and 1970s. China was held back.
But the most important reason to take this “lifting out of poverty” meme with a grain of salt is that poverty remains very real for two-thirds of Chinese, the two-thirds classified as “rural,” the two-thirds that investors in China never see.
It will come as a surprise to many, if not most, of the China-boosting crowd that China’s per capita income ranked 75th among countries in 2016, alongside Algeria and Thailand. Or that only 11% of rural people and 30% of the population in general graduate high school…”

https://www.forbes.com/sites/annestev...

So, will China’s intake of huge amounts of gold bullion lead to China attaining its Heaven chosen place as hegemon on Earth? Does it have the “…proper transmission lines, outlets, and insulation…” to handle the energy without blowing up? Or will it follow Spain and later, Nazi Germany, into destruction and death?

Remember, Hitler’s 1000-year Reich lasted 11 years and cost around 50 million lives.

China’s will probably take billions of lives.

Ya but... assuming that will happen, for how long can China and the BRICS states hold out and not give in to their true predatory nature and start printing again?

This is just the beginning:
$7 For One Apple in Boston
https://www.zerohedge.com/markets/7-f...

And the MMS will ignore the announcement and make up a story of why the stock market and
USD crashed. (Trump did it with the Russians, of course.)
I agree with your conclusions regarding BRICS move to create a separate system for exchange.
Such a system would be good for human liberty if it wasn't politically manipulated (which is wholly unlikely.)
To facilitate any gold backed currency, either the supply of gold must expand on a hyperbolic curve,
or the price of gold (in USD and other fiat currencies) must increase in a similar fashion.
The former is not possible unless there is a new process to create gold cheaply,
which would remove any advantage to a gold backed currency.
There isn't enough gold in existence and accessible to mankind at present to
make gold backing realistic.
I think the US Constitution would need an amendment regarding creation
of "money", for the US currency to become truly backed by gold.
The current fiat USD isn't "money" according to the US Constitution, imo.

sure it can
who will follow?

China has major economic issues