BRICS To Announce New Gold Standard in August?
#money #currency #dollar #gold #commodities
Today we will briefly look at the Petrodollar system and how I have been warning that China would challenge it on this channel.
I will also reference a recent article by Jim Rickards in which he says the BRICS nations and the other countries looking to join will be announcing a new currency at their summit in August.
My conclusion is that the BRICS, under the leadership of China and Russia, could launch a new system but not a new BRICS single currency.
The Biggest Monetary Shock in 52 Years (Jim Rickards' article): https://dailyreckoning.com/the-biggest-monetary-shock-in-52-years/
Macron wants to crash summit with Russia, China, and allies: https://www.politico.eu/article/france-emmanuel-macron-wants-to-attend-summit-with-russia-and-its-allies-french-fm-says/
maneco64 Petrodollar Files playlist: https://youtube.com/playlist?list=PLtbk62Ie_5SVDbeRWhRObDlxTn3czXkJ4
maneco64 Fiat Currencies Are All Sinking playlist: https://youtube.com/playlist?list=PLtbk62Ie_5SUgRv5PH-CImC_AwAlMK2sv
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