Category: BRICS
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BRICS Summit – No Gold-backed Currency Will Be Announced
BRICS is certainly exploring an asset/gold-backed common currency monetary system to divorce it’s allied members from US Dollar and fiat currency dependency. However, all of the prognosticators claiming that BRICS will “announce” a new common currency this week will be severely disappointed.
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The Ultimate Cheat Sheet for Understanding a BRICS Gold-Backed Currency
As anticipation builds for the upcoming BRICS Summit in South Africa this month, the global economic landscape stands on the brink of a potential transformation. Understanding what’s truly happening around the potential for a BRICS gold-backed trading currency is a highly complex and geo-politically charged subject. So I have created the Ultimate Cheat Sheet that…
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Zimbabwe’s Golden History, BRICS, and A New Gold-Backed Currency
As Zimbabwe’s rich history intertwines with tales of gold and grandeur, the nation emerges as a potential game-changer within the BRICS Alliance. From ancient times, Zimbabwe’s name has been etched in stone, resonating with mythical connections to King Solomon and boasting a storied past of a thriving gold trade. Today, as the global economic landscape…
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China, Shanghai and Gold Manipulation – A BRICS Currency Strategy?
A mesmerizing tale of gold, intrigue, and hidden agendas. Step into the heart of Shanghai’s gold market, where the People’s Bank of China and the BRICS Alliance meticulously weave a grand strategy to challenge the prevailing fiat dollar currency system. As the enigmatic plot unfolds, witness the cunning manipulation of gold prices, the artful accumulation…
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PAPSS Payment System and AfreximBank Paving Way to Pan-African De-Dollarized Sovereignty
In a transformative effort, Africa’s financial landscape is undergoing a revolutionary shift, spearheaded by the African Import-Export Bank (AfreximBank) and its groundbreaking Pan-African Payment and Settlement System (PAPSS). This visionary initiative is rapidly propelling the entire African continent away from its historical reliance on US dollars and towards a future where local African currencies take…
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Checkmate (Part 3) – A Currency Duel to Avert a Real War
In this final article of my three-part Checkmate series, I examine the key players on the chessboard, their roles and motivations, and the significant economic consequences that the Western fiat system players will face if the new Eastern Alliances establish and launch a gold-backed currency. My conclusion is that dueling financial system currency systems is…