Another BRIC In The Wall
Image Source: Pixabay
The BRICS economic bloc announced it will add six new members, including Saudi Arabia. The growing influence of BRICS could ultimately dent Western economic power and undermine the dollar’s role as the world’s reserve currency. In this episode of the Friday Gold Wrap, I talk about the ramifications of BRICS expansion, de-dollarization, and the possibility of a BRICS currency. I also talk about how silver is inexcusably low.
Topics Discussed
- What is BRICS?
- BRICS expansion and the ramifications
- De-dollarization
- Will BRICS create a new currency to compete with the dollar?
- The price is silver is inexcusably low
Video Length: 00:31:30
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