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'Silver's About to SHOCK Us All! How Many Ounces Of Gold & Silver Are You HOLDING?' - Bob Moriarty
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This month, Russian President Vladimir Putin will host the BRICS+ summit from October 22 to 24 in Kazan, Tatarstan. The founding BRICS members—Brazil, Russia, India, China, and South Africa—will officially welcome five new members. This summit signifies a geopolitical shift as BRICS+ examines economic strategies involving metals like palladium, platinum, and silver alongside gold, with analysts suggesting potential developments toward a currency backed by precious metals, which could challenge the U.S. dollar's dominance as China and Russia bolster their gold reserves to reduce reliance on Western financial systems.
Investor Bob Moriarty attributes roughly 90% of the recent surge in gold prices to China's aggressive buying, with Russia playing a supporting role. In response to U.S. sanctions on Chinese banks, Russia began exporting gold to China, allowing both nations to bypass financial restrictions and sustain trade flows. This collaboration aligns with a broader BRICS strategy to reinforce economic resilience and reduce dependence on dollar-based systems. Data from the World Gold Council indicates that China and Russia are driving global gold demand as part of their efforts to diversify reserves away from U.S. dollar-denominated assets, motivated by economic and geopolitical concerns.
We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news.
We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video!
Credit: The Market Sniper
BRICS Nations Plot New Gold-Backed Currency: What It Means for the US Dollar w/ Bob Moriarty
#gold #goldpriceprediction #bobmoriarty #silver #silverprediction
Investor Bob Moriarty attributes roughly 90% of the recent surge in gold prices to China's aggressive buying, with Russia playing a supporting role. In response to U.S. sanctions on Chinese banks, Russia began exporting gold to China, allowing both nations to bypass financial restrictions and sustain trade flows. This collaboration aligns with a broader BRICS strategy to reinforce economic resilience and reduce dependence on dollar-based systems. Data from the World Gold Council indicates that China and Russia are driving global gold demand as part of their efforts to diversify reserves away from U.S. dollar-denominated assets, motivated by economic and geopolitical concerns.
We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news.
We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video!
Credit: The Market Sniper
BRICS Nations Plot New Gold-Backed Currency: What It Means for the US Dollar w/ Bob Moriarty
#gold #goldpriceprediction #bobmoriarty #silver #silverprediction
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