Andy Schectman: BRICS' Currency Move Might Be 50x Gold & Silver
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Andy Schectman: BRICS’ this move might be 50x gold & silver
Join us as we dive deep into the dynamics of the BRICS alliance and its game-changing impact on the gold, silver, and global currency markets.
In a world where economic powers are realigning, our experts decode the forces at play. Explore why gold and silver prices may not be behaving as expected and gain a fresh perspective on the strength of the US dollar.
China and Japan, as the world’s second and third-largest economies, have already hit all-time highs in gold against their respective currencies, signaling a significant shift.
We delve into the critical factors behind this tectonic financial transformation, including the Forex market, the dollar’s strength, and the looming debt crisis. Will hyperinflation be the inevitable outcome?
But that’s just the tip of the iceberg! Discover how BRICS, comprising Brazil, Russia, India, China, and South Africa, along with an expanding group of allies, are reshaping the global economic landscape. With 30% of global GDP, 46% of the world’s population, and a stranglehold on vital resources like manganese, graphite, nickel, and copper, BRICS is asserting its dominance.
Uncover the fascinating prospect of a gold-backed Persian Gulf token, a stablecoin for oil transactions, and the potential emergence of a gold or commodity-backed BRICS settlement currency challenging the US dollar.
This is not just an economic transformation; it’s a geopolitical realignment of epic proportions. Watch as alliances form and converge, leading to a conglomerate of the world’s most influential players.
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Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
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