BRICS is moving to issue a new currency that is likely backed by gold. This is groundbreaking as the dollar now has a serious contender to the throne. A BRICS currency backed by gold will speed up the de-dollarization trend and shift power towards the BRICS nations. Here’s what you must know!
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✅ Timestamps & Chapters:
0:00 BRICS Is Moving Against The Dollar
2:01 The Dollar’s Insane Advantage
4:50 Gold Attacks The Dollar’s Weaknesses
7:34 The BRICS Gold-Backed Currency
10:30 Breaking The Dollar
13:28 The Ultimate Threat
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20 Comments
excellent
Gold is god level currency
conspiracy theory is theory. conspiracy is actual thing and very real
Every successor seems less competent at first, yet the world moves forward toward bigger and better places. Your insightful thoughts are very informative and important. Thanks Sean. Good fortune to you.
Yes the citizens of the United States is soon to have a big problem.
A little history first.
In 1751, the King enacted The Currency Act in his 13 Crown Colonies.
This Act forced the 13 Colonies to use ONLY gold or Silver.
Why? Because the King controls controls gold and silver by owning the mines in the lands the British colonized.
So what did the people in the 13 Colonies do to get around this? They started using Notes.
These Notes had written on them what they could purchase. For example: 5 bushels wheat, 4 pounds coffee, 2 pounds sugar, 1 pound tea, 3 gallons rum, 10 pounds gunpowder, etc.
These Notes were a self contained bartering instrument that bypassed the King's Currency Act.
The Massachusetts Bay Colony Note was the most popular.
Remember too that each Colony was a business..a company.
Hudson Bay Trade Company, The Plymouth Company, Virginia Land Company, Jamestown, etc etc were founded as companies via the King's Charters.
I can go into a tremendous amount of true history not taught but I won't.
Presently though, United States citizens are fleeing to metal. Simultaneously, the United States Federally Government is rolling out THEIR cbdc.
Again; control over the population. A citizen must follow what laws they enact or be labeled an insurrectionist.
As a United States Citizen you willingly placed yourself in allegiance to the United States Federal government.
Look at a Law Dictionary.
Federal means contract.
We function under a mountainous maze of contracts. Sign and date any documents..you are entering into a contract.
For the United States Citizen, be on your toes.
Thank you Sean Foo your analysis of the gold market and "BRICS," are great all the best to you, and yours.
🇷🇺🇨🇳🇰🇵🇸🇦🇧🇾🇮🇷🇮🇳
I would say to the citizens and military personnel don't ingage to war power and greed is not ours we must we must trust for peace .in that every country is free of debt. It's the same old tricker.
If BRICS backs this common currency with gold, might be inevitable for the USA to back the dollar with bitcoin.
Wonder how many money printing machines the US has..😁
Long live the brics. The USA have used their dollars to bully countries for far too long.
My guess is that the BIS will be the real loser here, since all the FRS, IMF, WB and Euro answer to this bank, which in turn, is the bank of all banks.
Id open an an account in the brics bank, i disagree with how the us has abused the us citizens and the citizens of the world. Even if i have to go out and buy the gold and ship it to them. The dollar is government supported theft of our hard work and we the people get nothing out of it!
The Dollar was the World reserve and International trade Currency when: it was backed by Gold, it was not printed out of control, there was no alternative !
There are now alternatives that means the Dollar will lose its hegemony.
Us should be really worried🤔
A physical bitcoin?
US & UK manipulates the GOLD MARKET and controls the price
Besst😮
The only true reserve currency is Gold; period.
Any gold back currency is another form of derivative of gold!
I do think that the BRICS Nation can succeed with the currency they plan to use being pegged to gold, as it will have real assets that are in demand and will continue to be. As for the timing, look at what technology can do today compared to before. China and other nations have leap bounds in short years in comparison to what other western countries have not done decades and are not planning to. if the US doesn't drop a nuclear weapon on China. It is unstoppable now.
Great show, Sean! Thanks!