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How The World Is Quietly Preparing for a Gold-Backed BRICS Currency
Next week, the BRICS nations Brazil, Russia, India, China, and South Africa convene once again. But this isn’t just another round of diplomatic niceties. Behind the scenes, something more consequential is brewing: a possible redrawing of the global financial map, with gold at its heart. The Quiet Shift: From Hedge to Foundation Talk of a new BRICS settlement currency has circulated before. But now, the idea carries more weight. Not only are central banks buying gold at record levels, but leading economies like Germany and Italy are being pressured to repatriate reserves. Gold has overtaken the euro as the world’s ... (full story)
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- Jul 1, 2025 3:27pm Posted byFundamental Analysis289
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