What is the BRICS+
Episode 75 of the Hard Asset Money Show podcast, hosted by Christian Briggs, titled "What is the BRICS+" was published on August 24, 2023 and runs 69 minutes.
August 24, 2023 ·69m · Hard Asset Money Show
Summary
Christian speaks with special guest, former director of the FBI, Thomas Fuentes, about what the BRICS+ is all about, what they're going to launch, when they're going to launch, and what the ramifications will be regarding this new digital currency that will be backed by gold. BRICS, which stands for Brazil, Russia, India, China, and Saudi Arabia, is now backed by close to 50 countries around the world. According to some economists, if the BRICS continues to establish itself as the dominant player and give the US dollar a severe run for the money as a reserve status currency, then the US stands to lose very quickly, as early as 2024. That's going to hammer the US dollar and increase the gold market demand.
Episode Description
Christian speaks with special guest, former director of the FBI, Thomas Fuentes, about what the BRICS+ is all about, what they're going to launch, when they're going to launch, and what the ramifications will be regarding this new digital currency that will be backed by gold. BRICS, which stands for Brazil, Russia, India, China, and Saudi Arabia, is now backed by close to 50 countries around the world. According to some economists, if the BRICS continues to establish itself as the dominant player and give the US dollar a severe run for the money as a reserve status currency, then the US stands to lose very quickly, as early as 2024. That's going to hammer the US dollar and increase the gold market demand.
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