THE NEW BRICS ALTERNATIVE TO THE DOLLAR.

This VERY optimistic article by Cyrus Janssen looks at how BRICS has developed an alternative trading system that deals NOT ONLY in gold but ALL precious metals. This is why Putin proceed at the grinding pace he is in Ukraine - he has the backing of China and BRICS.

One thing we DON'T know is just how much gold either the USA or China and Russia actyuially hold. According to Paul of 'The Sirius Report' who has experience in international finance it is 40,000 metric tons!! Cyrus mentions much lower amounts. 

We know that the US has been importing gold from London with some speculating that it will refix the dollar to gold and then, unilaterally, massively increase the price of gold (in dollars) to inflate away its $37trillion debt. 

Cyrus doesn't mention this - but devaluing the dollar is actually part of what Trump wants However, gold bullion dealers know that if the price of gold is increased radically it could trigger hyperinflation and economic collapse.


'The creation of an independent pricing structure for precious metals is also a direct response to the weaponization of an already old and inefficient Western system....

For decades, the London Bullion Market Association has set the price of gold, determined by a handful of non-transparent British banks. Shockingly, after the start of the Ukraine war, this system has entirely excluded Russia, one of the world’s largest gold producers and sellers. Russia is the world’s largest country and the 5th largest holder of gold. They absolutely should be included in this system, and without them, it undermines the credibility.

In response, BRICS has taken the logical step of creating their own exchange, one based on actual market trading and transparent pricing mechanisms. This exchange, with the sheer volume of trade, will render the ability of Western powers to impose unilateral financial or commodity sanctions completely irrelevant......

So how is the United States responding to being locked out of this entirely critical rare earth metal market? Well, historically whenever U.S. hegemony has faced major threats, especially when it comes to securing critical resources, the U.S. has not hesitated to deploy its military might. The Iraq War in 2003 is a prime example, where securing access to Middle Eastern oil was one of the central motives behind the invasion. Even Iraqi precious metal and gold stores were seized by American soldiers. Now, the stakes are even higher, as this exchange will challenge the United States ability to even operate as they can’t even produce any of the materials needed to maintain its military....

As the West struggles with its dependence on these very resources, BRICS is turning that dependency into a strategic advantage. The world is shifting away from the dollar and toward a system backed by the actual things that power the modern world. The question now is: will the West adapt, or will they desperately cling to an outdated system of dollars and debt. The future of global trade and finance is being written, and BRICS is at the center of it all.'




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