"BOMBSHELL NEWS! BRICS FINALLY Ready to End the US Dollar FOREVER" - Alasdair MacLeod

The BRICS bloc, consisting of Brazil, Russia, India, China, and South Africa, is reportedly advancing the development of a new stablecoin, informally referred to as the "UNIT." This proposed digital currency is envisioned to be underpinned by a reserve basket with 40% allocated to gold and 60% to BRICS currencies converted into gold. This initiative reflects the bloc's strategic move to enhance economic independence and reduce reliance on the U.S. dollar.
The increasing accumulation of gold reserves by BRICS nations aligns with this push toward a gold-backed currency. While official specifications regarding the UNIT are yet to be disclosed, the notion of a gold-backed stablecoin is gaining traction, suggesting a potential rise in gold prices and a transformative impact on the global financial system.
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Credit: Liberty and Finance
"The Debt Trap Is Sprung" | Alasdair Macleod
• "The Debt Trap Is Spru...
#gold #goldpriceprediction #alasdairmacleod #economy

[@grecia-kk7ci]

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[@jaferica]

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[@michaelcarman-yv9tm]

i am a 79yo male who sees the dollar's "power" going bye bye. what will trump do?

[@TheTeaserking]

Gold backed currency coming oct 22

[@stevenmontplaisir3541]

What we see as a market place the CCP has always seen as a battle space . Seems it was been as destructive to their economy as ours . Lots of misery coming to go around I am afraid. Pray to God our children have good futures and run things better.

[@rolflagerquist8514]

Declare your own way: "Vote against all oppressors", then, pass it on.

[@elsgussenhoven1727]

Nu de rest van de landen in de bricks, dag cbdc systeem.

[@Dan-yw7sy]

If it's true what he said: "the value of the dollar is MORE dependent on people's faith in it than it is dependant on the quantity circulating"- if that is true, we have MUCH worse inflation ahead in coming decades. Look at how our gov spending is approaching exponential incline due to the cost of just paying the interest alone... at the same time many economists say we're cyclically entering a decade(s) of higher rates. Our treasury has NO OPTION but print baby print.

[@Johnsmith-nm8nj]

How do most of you guys still making profit? Even with the downturn of economy and ever increasing life standards

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[@MichaelKennedy-gq6xp]

Mrs Nancy Williams Laplace

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[@rooftime4730]

Gold will go down now that rate cuts are here , you'lll see.Its a;ways the opposite of what they say.

[@esioanniannaho5939]

Methinks that Alasdair is partially correct. Trade might be in the R5+ basket (Rial Rouble Rupee Remimbe Rand +?) and Net Trade settlement per acc period in Au vault.