Gold-Backed BRICS Currency Amid Collapse Of The West | Bob Moriarty
Gold-Backed BRICS Currency Amid Collapse Of The West | Bob Moriarty
Liberty and Finance: 7-8-2023
The BRICS nations are expected to announced a gold-backed reserve currency at their August meeting.
The BRICS will be "the last man standing" after the Western debt-based system collapses, says Bob Moriarty, naval aviator, marine, and financial author.
He discusses how to prepare for this transition. He also gives his forecast for precious metals amid the BRICS announcement.
INTERVIEW TIMELINE:
0:00 Intro
2:08 Turmoil in France
5:47 Ukraine
9:16 BRICS & gold
12:56 Gold sentiment
15:30 Fed policy
16:50 Banking crisis
17:58 Insurance companies
19:10 Rebuilding the system