If these countries really want to get rid of the Pedro Dollar and Swift system, given their junk currencies, then they have no choice but to hoard gold, accumulate it and then back it up later as a reserve asset.

The BRICS are especially going big on gold at the moment. 
https://stacker.news/items/482655/r/0b1CoinObi

0b1CoinObi

TomK

I understand, you say that because it is at historical highs, right? You are reading that many people, including banks, are taking refuge in gold, is that correct?

riberet19

econ

Monetary easing in the middle of the Chinese stimulus

the normal way would be, as you say, that at that moment or shortly thereafter the stock market actually falls. but with the level of market manipulation and liquidity that we have now reached, it is very difficult for me to predict anything here. The movement of gold in particular is very telling here.