“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
#gold #goldpriceprediction #alasdairmacleod #economy
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