De-dollarization is at the great risk of accelerating. Should we sell real assets, gold and copper, for baseless(bottomless) USD printed out of nothing. Even though the scrip deal would give Newcrest shareholders 0.38 of a share in Newmont for each Newcrest share they own, the issue is NCW is way under value based on the the current and future value of gold and copper. Gold reserve will determine the future value of AUD, when all countries around the world would base their currencies in gold again. Inflation is said to be coming ''down'' in the US. It just means dollar printing will ramp up again.
