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As the BRICS nations continue to move their plans forward to a potential gold-backed trade settlement currency, you have to wonder how that will affect the west over time.

Because if an oil producer can sell their oil and receive currency with a partial gold-backing, will they still want to accept treasuries in the current environment?

So in this morning’s show, Vince Lanci talks about how if the West is going to continue to trade with the resource-rich BRICS nations, they’re going to need more gold.

Video Length: 00:20:32

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