BRICS and the US Dollar Devaluation

Christian speaks with special guest Tom Fuentes. What exactly is the BRICS nations? What is it that brings such fear into the world economy? The original BRICS nations, which comprised of Brazil, Russia, India, China, and South Africa was to establish a new coalition of nations that would take on the United States dollar dominant world supremacy, where the US dollar was the reserve currency. Right now, close to 100 countries (and around 80% of the world population) is now working aggressively to take us out. This is not going to be good for dollar based assets. We all know hard assets runs contrary to dollar based assets by hedging dollar devaluation.