Geopolitics intermingle with economic tools to advance geopolitical agendas, of which there are an ever-increasing number. Soon we will hear more talk of geoeconomics. The move away from the US dollar as the international reserve currency is but the tip of the iceberg. We often hear of the “World Order” and that it could be changing.
The Bretton Woods agreement signed in 1944 by 44 countries, created a fixed currency exchange rate pegged to the gold standard which became important for South Africa whilst we were the largest producer of gold some decades ago.
Until 2006, South Africa was the world’s largest gold producer. In
