BRICS Currency: 40% Could Be Tied to Gold, 60% in Local Currencies!

#brics
BRICS Currency: 40% Could Be Tied to Gold, 60% in Local Currencies

Will Brics’ gold-backed currency dethrone the dollar and throw the West into financial chaos? This is what happens when 40% of a currency is backed by gold and 60% by local currencies come face to face with dollars backed by nothing. It can send the US dollar crashing overnight.

So, is this the beginning of the end for the dollar; are we witnessing its downfall in real-time? Could the US economy survive if Brics nations stop using the dollar or are we on the brink of collapse?
Let’s find out.

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[weloveafrica]

Breaking News! BRICS New Currency Will Be Backed 40% by Gold & 60% by Local Currency!

[pramodvora]

Alternatives in business is a very healthy issue as competition will improve efficiencies all around and make the economies more robust and healthy. No one will be subject to threats and sanctions in the future. Well done BRICS!

[rajeshramachandran]

Soon USD will become a pariah currency.

[corneliusstephen]

AMERICA IS GOING TO FACE ITS OWN KARMA.

[JohnYoung-mj]

This is very exciting for the world over.

[edwardare]

Dollar is backed by the printing machine.
And the war machine if I may add.

[gengwanwong]

Clear your gold reserve at the US treasury before been confiscated. 🎉

[NightDark-bwxv]

Every citizen of every country buy gold for reserves instead of paper currency.

[phillipwilliams]

Imf debts are repaid in US dollars so devaluation of the dollar will reduce the repayments of any brics member that is indebted by the imf especially if the brics bank pays out the debt .

[KonglengLee-tl]

The world needs more US sanctions and tariffs to fastforward the decoupling

[musterseeds]

Paper money has no value than just paper..

[hemangshah]

It's good move to by BRICS to settle $ to it's real value and long term it's good for US to help them to make better financial policy instead of printing unlimited $ and not toilet paper

[RichardMoore-grvz]

Something gonna happen. We can't keep building America. With debt!!!!

[vanderleibraga]

BRICS mais rápido que a velocidade da luz! 🇧🇷

[webdeveloper]

Does this mean, with all the debt, US can become fourth world country overnight?

[Blcqrsa]

My only concern is the USA refusing to go down without a fight. There's a part of me that thinks some kind of war may erupt.

[MohamedAshraf-oowd]

Let the BRICS currency start sooner then later, for the piece of mind worldwide, 😂😂😂

[ChadAndersen-qckf]

The dollar 💵 is dead but my gold 🪙 and silver 🥈 is alive and well

[wnklee]

My currency is tied 100% to social security.

[scottwilliam]

I’m favoured financially with Bitcoin ETFs, .$90, 700 biweekly profit regardless of how bad it gets on the economy