It’s FINALLY HAPPENING! Russia Is About to Change Gold & Silver Prices FOREVER - Jim Willie

It’s FINALLY HAPPENING! Russia Is About to Change Gold & Silver Prices FOREVER - Jim Willie

Financial analyst Jim Willie, known for his contrarian views, has drawn attention to Donald Trump's controversial plan to "manage" a potential US debt default if elected. Willie likens this approach to controlling a speeding bus without brakes, predicting that gold prices will rise regardless of Trump's actions, even for seemingly unrelated policies.
Indeed, gold prices are climbing, showing a 50% retracement from the recent decline of 2483.74 to 2353.19 dollars. This surge is attributed to safe-haven demand amidst geopolitical tensions and anticipation of the Federal Reserve's policy decision. The current market conditions suggest a bullish outlook for gold, benefiting from geopolitical uncertainty and expectations of a weakening US dollar.
Simultaneously, the BRICS alliance is considering expansion, with China leading the charge to strengthen the group and challenge Western economic dominance. China's support for Malaysia's potential induction into BRICS underscores this push for growth. However, this expansion is not without controversy. Recent reports indicate that India is hesitant about BRICS expansion in 2024, preferring to pause new inductions for five years to establish clear rules and policies. This stance contrasts China's and Russia's eagerness to expand the alliance rapidly.
Willie emphasizes the potential significance of BRICS as a future gold-based global trade union. He warns that countries not joining, particularly the "Five Eyes" nations (USA, UK, Canada, Australia, and New Zealand), may face severe economic challenges.
The push for BRICS expansion is closely tied to efforts to advance de-dollarization, which could significantly alter the global economic landscape. China views this as an opportunity to counter the influence of the US worldwide and promote its trade and commerce policies.
The BRICS nations are making significant strides towards developing a new financial system. Financial analyst Jim Willie has highlighted critical developments in this process.
According to Willie, BRICS countries are implementing an intermediary measure that utilizes 60% of their currencies for transactions within the alliance. This move represents a significant shift from traditional dollar-dominated trade and aligns with the bloc's broader de-dollarization efforts.
A crucial component of this evolving financial system is the potential integration of digital versions of national currencies. Willie suggests that digital iterations of the Russian Ruble, Chinese Yuan, and possibly even the Iranian Rial could play pivotal roles in this new economic framework.
Russia, in particular, is making notable progress in this arena. According to a recent report by the state-run news agency TASS, the Bank of Russia, the country's central bank, is poised to launch its central bank digital currency—the digital ruble—for widespread use as early as July 2025.
The digital ruble has been developing since August 2023, with the Bank of Russia conducting a comprehensive pilot project. This initial phase involves approximately 600 employees from 12 banks rigorously testing various functionalities. These include the opening and closing digital wallets, wallet top-ups, person-to-person transfers, and automated payments and transfers.

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[colzi]

As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Loraine Souvenir’s insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings, managed to grow a nest egg of around 127k to a decent 532k. Kudos to the journey ahead!

[vinceb]

So the 5 Eyes or what is the remnants of the British Empire will eventually land in the BRICS wastebin with the re-evaluation of Precious Metals. 😂😂😂

[AngelEyes-xmel]

We're already in deep trouble with trillions in debt. Now with digital they can turn your bank account on and off. Canada froze bank accounts. What is to stop them. Total control of you. Outrageous.

[ogunfolutaiwo]

*PLEASE I KNOW NOTHING ABOUT TRADING/ INVESTING AND I'M KEEN ON GETTING STARTED . WHAT ARE SOME STRATEGIES TO GET STARTED WITH ?*

[johnboettger]

It could happen in 2237, or 2363. Not sure .

[donfischer]

This idea that doubling gold will solve their insolvency is an idiotic statement. Gold needs to be 1000 x to come close to solve their insovency

[captainkemutube]

Yeah, the USA is going to join brics. 😂

[elizabethmurray]

Ouch, those 5 countries had better make some changes.

[paulwilliams]

Sometimes you have to trust someone. works for me.

[elizabethmurray]

So, will the gold companies and coin stores be able to meet the new spot prices?

[scottwilson]

DJT may already have his Plan in the Works, I Beleive he wants to have Gold be our Money! The Blobs Money is the $

[eymeeraosaka]

What did you get the info from that India is against BRICS expansion? Did India said that?

[Elizabeth-Bailey_]

I have learnt a lot concerning crypto progress this time and will like to join in . I wish I can get a good mentorship❤

[boboharra]

Jim Willie is a head case. He ain't right!

[johngordon]

This and other channel s that just take others interviews should be banned. Youd think copyright law would apply?