j/k you can't. BTW, same goes for the rest of the EU.
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The BRICS nations can still trade with one another, via their own messaging system. Most likely settle in ether Ruble or some other form of currency.
It will be interesting to see Oil denominated in Gold, but the problem is going to be settlement. You can’t just move hundred tones of Gold just like that… it’s a logistical nightmare. So there will always be some form of medium of exchange, hopefully backed by a hard asset.
If it’s Gold, then the key issue will and always will be verification.
I remember it being announced years ago they were trading amongst each other without USD. Found this tidbit now, note the impetus years ago under BO due related to Ukraine and sanctions.
https://www.rbth.com/business/332673-russia-china-us-dollar-america
Blockchain verified ownership and exchange of gold solves part of the international exchange problem.
I thought they setup some sort of gold exchange or a place in China or Singapore where countries could store gold to perform settlements. I remember reading about something like that a few years ago. Kind of like they had in NY before the Khazarians took over and stole all the gold.
The Shanghai Gold Exchange and they settle using Renmibi?
Don’t trust China...China is asshoe! https://m.economictimes.com/news/international/world-news/chinas-biggest-gold-fraud-4-of-its-reserves-may-be-fake-report/articleshow/76707339.cms
Wuhan-Home of virology research, bat soup, alchemy...
You'll get no argument from me. But if China is going to play gold reserve for international settlement and they try and fraud people it will be war. It already is war...
Megawatts for one.