Russia Calls For BRICS Gold Standard | Will It Be Launched This Month?
Russia Calls For BRICS Gold Standard | Will It Be Launched This Month?
Smart Silver Stackers: 10-11-2024
Russia's finance minister has just called for the creation of new Bretton Woods style institutions within the BRICS framework.
An important detail of this call to action is that Bretton Woods put the world on a Gold Standard.
The introduction of a Gold pegged currency will have massive implications for Gold, Silver, and anyone stacking physical precious metals, so let's dive into what is on the BRICS agenda!
00:00 Russia's Finance Minister Just Called For What Might Be A New Gold Standard
1:10 BRICS Finance Leaders Are Meeting In Moscow Ahead For The Annual BRICS Summit
3:24 We Are Due For A Change To The Global Monetary System
4:32 BRICS Has Been Pursuing Dedollarization & Regional Currencies
5:18 New Bretton Woods Insitutions Could Center Around Gold, Just Like The First Time
7:23 Why BRICS Wants A Gold Standard
8:28 BRICS Members Stockpiling Gold