USD $4,127.96
Wayne McCrae Could $US100,000 Gold Become a Reality in the Next 15 Years?
Before you read on and dismiss what I’m proposing for the future price of gold, consider this: in 1965, gold was $US35.00 per ounce. Today, it sits at around $US4,000 per ounce. That’s an increase of 114 times over 60 years.
History tends to repeat itself.
So for the sake of this thought experiment, let’s assume gold increases just 25 times in the next 15 years. That would put the price at $US100,000 per ounce. Sound outrageous? Maybe. But history might be our best guide.
WHAT IS IT WITH GOLD?
The days of paper gold, the $US dollar, and transfers via SWIFT may be nearing an end. That’s the underlying plan behind BRICS.
WHAT IS BRICS?
BRICS is a union of five countries—Brazil, Russia, India, China, and South Africa—that are determined to challenge the dominance of the US dollar. Over recent years, they’ve quietly constructed a financial alliance and infrastructure that operates entirely outside the traditional system.
This infrastructure includes:
- Payment and settlement systems for intra-BRICS trade
- New gold depositories and swap mechanisms
- A framework to bypass the dollar altogether
The twist? It’s all centred around China’s currency becoming the base denomination—but with a physical gold backbone.
THE NEW GOLD STANDARD—BRICS STYLE
China has established the Shanghai Gold Exchange, set to function as a de facto central bank for the BRICS trading bloc. All cross-border payments in and out of China are to be channelled through this exchange. Here’s how it works:
- All trades are settled in physical gold.
- The Shanghai Gold Exchange then converts the gold into Yuan for the final payment.
- The daily benchmark price of gold, set by the Exchange, determines transaction values.
This system demands long-term gold supply contracts—meaning countries will soon need to negotiate bulk gold deals with miners. The winners? Gold producers.
THE WIN FOR GOLD MINERS
Expect a merger frenzy—potentially a 500% increase—as producers scramble for ounces to meet demand. For the first time, miners will be in the driver’s seat, setting both long- and short-term delivery prices, possibly with delivery premiums for BRICS-participating nations.
Central banks are already reacting. Gold has overtaken the Euro as the second most popular reserve asset—still trailing the US dollar, but gaining ground.
This new BRICS-driven model could also sideline stablecoins and digital tokens backed by US Treasuries. And recent US tariffs have only added urgency to BRICS’ plan to de-dollarise global trade.
THE SHIFT TO PHYSICAL GOLD
We are moving from paper contracts to physical bullion. This means a new global logistics network for gold transport will be required—another tailwind for the gold price. The higher the gold price, the smaller and more efficient each shipment becomes.
Forecasts now suggest that global gold deposits could be mined out within 50 years. Scarcity, in tandem with demand from sovereign players, will only increase prices.
Other metals—platinum, palladium, rhodium, and silver—are expected to follow gold upwards.
CHINA’S PLAY FOR GLOBAL WEALTH
China, already the second-largest global economy and the top trading partner for many nations, is positioned to accumulate the world’s largest physical gold reserves. If this happens—and gold hits even a fraction of the forecasted highs—China could become the world’s wealthiest nation.
The Chinese are known for their patience. They move slowly but with clear purpose. The only real geopolitical threat to this plan? A return of Donald Trump. He’s no stranger to global strategy and doesn’t follow the traditional rulebook.
Despite some uncertainties, the mere fact that such a massive, economically potent alliance is planning a gold-backed trade system should not be underestimated. The implications for the gold market are profound.
I was mining gold in Australia at 4.4 grams per tonne back in 1987, selling to the Perth Mint at around $US390 per ounce. When pundits said $US1,000 was coming, we laughed. Today, it’s $US4,000.
So $US100,000? It might not be as far-fetched as it sounds.
THE PRACTICALITY OF $US100,000 GOLD
If the BRICS model becomes reality, it only makes sense that countries will want the lightest possible weight of gold for transfers. High prices make it logistically easier. Compare this to Bitcoin—while it has made waves, you can’t touch it, smell it, or see it. Gold is real, and that still matters.
Mining and processing costs have also soared. Supply is constrained. Gold can’t be manufactured or duplicated. These realities only support rising prices.
Sure, hedge funds, institutional traders, and yes—“legitimised criminal” banks—will continue to manipulate the price through sharp rises and falls. But the punter is catching on. The higher the stakes, the more volatility will be required to shake the market. $US500 price swings in a single session may become the norm to spook or trap traders.
The return of a gold-backed global standard isn’t just a theory. It’s unfolding.
