Gold Telegraph: The US Should be the Leader for Any Gold Backing to a Currency

Gold Telegraph: The US Should be the Leader for Any Gold Backing to a Currency

7-14-2025

This conversation with the former CEO of Agnico Eagle, one of the world’s most valuable gold producers ($80 billion), will soon become our first video to surpass 1 million views.

Sean’s warnings on gold and global disorder were right on target.

Watch below.

GOLD TELEGRAPH CONVERSATION #6: SEAN BOYD “We could see gold at $5,000. We could still have uncertainty and disorder, but the world wouldn't be ending.” Join me for an engaging conversation with the former CEO and current Chair of the Board of Agnico Eagle Mines—the world's third largest gold producer—as he shares his personal journey, insights into the mining industry, and his current outlook for gold. Sean was recently inducted into the Canadian Mining Hall of Fame, and his exceptional leadership at Agnico Eagle stands as a shining example of extraordinary success in the mining industry. Under Mr. Boyd's leadership, Agnico Eagle (  @agnicoeagle) evolved from a single-mine operation into one of Canada’s largest public corporations and among the world's most successful mining companies, boasting a current market capitalization of nearly $50 billion USD. During our discussion, Sean noted that the West significantly trails China in securing critical metals but that represents the opportunity.

https://twitter.com/i/status/1893444752781001204

BREAKING NEWS: NATIONAL ECONOMIC COUNCIL DIRECTOR SAYS THE PRESIDENT OF THE UNITED STATES COULD POSSIBLY FIRE FEDERAL RESERVE CHAIR JEROME POWELL OVER QUESTIONS ABOUT THE RENOVATION OF FEDERAL RESERVE FACILITIES

Who is ready for another week?

“National Economic Council Director Kevin Hassett said the White House is looking into whether it has the authority to fire Federal Reserve Chair Jerome Powell…”

Source: https://www.cnbc.com/2025/07/13/trump-can-fire-powell-if-theres-cause-hassett.html

Judy Shelton videos are now being shared by the Vice President of the United States. Things are getting interesting…

Feeling bad for central bankers?
Remember who they report to.
Go ahead… think hard.

Unelected.
Unchecked.
Unaccountable.

Gold holds them accountable.

Let’s audit Fort Knox. I mean that was PROMISED to happen?

“I want the United States to be the leader if there’s any kind of gold backing to a currency.” – Judy Shelton.

Watch my conversation with @judyshel from last November — now with over 800,000 views — where she shares powerful insights and untold stories on gold and the dollar.

GOLD TELEGRAPH CONVERSATIONS #1: JUDY SHELTON “I want the United States to be the leader if there's any kind of gold backing to a currency.” -

@judyshel

Economic advisor to former President Donald Trump, Judy Shelton, joins me for a captivating conversation spanning a wide range of subjects. Judy Shelton is a Senior Fellow at the Independent Institute and author of the book Good as Gold: How to Unleash the Power of Sound Money. She is the former Chairman of the National Endowment for Democracy and former U.S. Director of the European Bank for Reconstruction and Development. She has testified before the U.S. Senate Banking, Senate Foreign Relations, House Banking, House Foreign Affairs, and Joint Economic Committee.

In our conversation, we explore a series of compelling topics, highlighted by Judy’s riveting career stories, including her interactions with figures like Alan Greenspan, Paul Volcker, and other influential central bankers.

One of the most powerful revelations she shared was Paul Volcker’s frank admission: he had always believed the United States would eventually return to the Bretton Woods system. For those unfamiliar, Volcker was referencing the pivotal moment known as the Nixon Shock in 1971, when President Nixon abruptly suspended the U.S. dollar's convertibility into gold, shattering the foundation of the Bretton Woods system.

At that historic moment in history, Volcker served as the Under Secretary of the Treasury for International Monetary Affairs.

This marked the transition to a pure fiat monetary system. We get into a wide-ranging conversation that covers many topics, which include:

• The US Dollar

• The U.S. National Debt as a Security Threat

 • Federal Reserve's Role in America's debt and Financial Instability

• Historical Perspectives on Monetary Policy

• Potential Return to a Gold-Backed System

 • Comparisons Between Soviet Central Planning and Current Economic Policies

 • BRICS Countries and Global Financial Shifts

• Treasury Bond Backed by Gold and the Potential for Gold Backed Stablecoins

https://x.com/i/status/1853109702248280206

The President of the United States just said he hopes the Federal Reserve Chair resigns.

 https://twitter.com/i/status/1944573644069589398

BREAKING NEWS: THE BANK OF JAPAN FINALLY SELLS OFF THE LAST OF ITS CRISIS-ERA BANK STOCKS… 18 YEARS LATER.

Now here’s the kicker: If the BOJ applies the same strategy to its ETF holdings, it could take over 200 years to unwind. Read that again.

I was not kidding… this is a circus.

Source: https://www.bloomberg.com/news/articles/2025-07-14/boj-finishes-offloading-bank-stocks-bringing-attention-to-etfs

Source(s):  https://x.com/GoldTelegraph_/status/1944136560980767059

https://dinarchronicles.com/2025/07/14/gold-telegraph-the-us-should-be-the-leader-any-gold-backing-to-a-currency/

This One COMEX Delivery Just Failed—The Entire Paper Silver Market Is Dying Tonight | Andy Schectman

This One COMEX Delivery Just Failed—The Entire Paper Silver Market Is Dying Tonight | Andy Schectman

Two Dollars Investing:  7-13-2025

A COMEX silver delivery just triggered one of the most shocking breakdowns in the paper market’s history. Andy Schectman reveals how 74 million ounces of silver were stood for delivery—nearly all at once—causing a 10% collapse in open interest overnight.

This wasn’t a rollover… this was physical metal being demanded, and fast. Now COMEX is in uncharted territory, with real silver rapidly draining out and major bullion banks exposed.

The game of paper promises is falling apart—and if this continues, the entire silver price suppression system could implode.

https://www.youtube.com/watch?v=Q5X0yKYDMHQ

Monetary Reset is Underway and Gold is the Only Solution

Monetary Reset is Underway and Gold is the Only Solution

VRIC Media:   7-12-2025

In an era of unprecedented global change, whispers of a “monetary reset” are growing louder, prompting crucial conversations about the future of our financial systems and individual liberties.

A recent discussion on VRIC Media, featuring host Jesse and insightful economic journalist Taylor Kenney from ITM Trading, delved deep into this transformative period.

 Their conversation painted a compelling, and at times concerning, picture of a world rapidly moving towards a cashless society, and the profound implications this holds for personal freedom and financial privacy.

Crucially, they underscored the irreplaceable role of physical gold as the ultimate safeguard.

The journey towards a cashless society, often presented as a path to convenience and efficiency, represents a fundamental restructuring of our financial lives.

 Kenney highlighted how this shift extends far beyond simply tapping a card; it is inextricably linked to the rise of Central Bank Digital Currencies (CBDCs). These government-backed digital tokens, unlike cash, leave an indelible digital footprint, opening avenues for unprecedented oversight.

This meticulous tracking, while touted for combating illicit activities, raises significant red flags regarding individual liberty. In a fully cashless system, every transaction becomes visible, every spending habit traceable.

The experts stressed that this isn’t just about privacy; it’s about control. Imagine a scenario where authorities could monitor, or even restrict, specific purchases based on criteria they define. The potential for financial surveillance to evolve into a tool for social or political control becomes a chilling reality, subtly eroding the very foundations of personal autonomy.

Amidst these concerns, the conversation pivoted to the enduring power of physical gold. Taylor Kenney unequivocally positioned gold as the paramount solution. Unlike digital currencies or fiat money that can be created with a click and monitored with ease, gold is a tangible, finite asset that exists outside the digital grid and the direct control of central banks.

It cannot be printed into oblivion, surveilled with a click, or devalued by government policy. It represents true wealth preservation, a centuries-old store of value that has weathered countless economic storms and political upheavals.

For those seeking to protect their financial autonomy and ensure genuine privacy in an increasingly transparent world, physical gold stands as an unassailable bastion.

The “monetary reset” is not a distant theory; it’s an ongoing process that demands our attention. The insights shared by Jesse and Taylor Kenney serve as a stark reminder of the evolving financial landscape and the urgent need to understand its ramifications.

As societies inch closer to a cashless reality, the arguments for holding physical gold become not just compelling, but essential. It is, as the experts suggest, the only reliable solution for safeguarding personal freedom and financial future against the tides of change.

https://youtu.be/tDO1OFpjN_Y

No Escape from Debt Collapse, We’re in the End Game

No Escape from Debt Collapse, We’re in the End Game

Commodity Culture:   7-12-2025

In a recent illuminating discussion on Jesse Day’s Commodity Culture, renowned economic commentator Alasdair Macleod painted a stark picture of the global financial landscape.

Macleod posited that numerous nations worldwide are ensnared in an inescapable debt trap, from which traditional remedies offer no solace. His startling conclusion?

The only viable path forward is through a total collapse of the current fiat currency system, an event he believes is rapidly approaching.

Macleod’s analysis centers on what he describes as a pervasive and unforgiving debt crisis gripping economies across the globe. He argues that this isn’t merely a temporary economic downturn but a structural flaw, where sovereign and private debts have grown to such unsustainable levels that genuine repayment or conventional restructuring is no longer feasible.

The sheer scale of indebtedness, in his view, has pushed countries into a corner with no conventional exit strategy.

For Macleod, the implications of this intractable debt are dire but clear: the current debt-based monetary system is on a collision course with its own demise.

 He asserts that governments, faced with overwhelming obligations, will inevitably resort to accelerating the printing of money, further devaluing their currencies until the entire fiat system buckles under the weight of its own debasement.

This isn’t a speculative ‘if’ but a matter of ‘when’ for Macleod, who sees the signs of this impending collapse “on the horizon right now.”

In this tumultuous scenario, gold emerges as the ultimate barometer and sanctuary. Macleod firmly believes that the rising price of gold is not primarily a reflection of the metal’s intrinsic value soaring, but rather a direct consequence of the continuous and aggressive debasement of the US dollar and other major paper currencies.

As central banks expand their balance sheets to prop up failing systems, gold serves as a vital indicator of this monetary erosion. Consequently, he views gold’s long-term trajectory as “extraordinarily bullish,” not merely as an investment, but as the quintessential “sound money” asset desperately needed as our current debt-based system approaches its “end game.”

Alasdair Macleod’s insights offer a challenging, albeit sobering, perspective on the immediate future of global finance.

His stark warning of an impending fiat currency collapse, driven by an insurmountable global debt trap, underscores the critical importance of understanding monetary policy and the role of hard assets like gold.

https://youtu.be/C5VHj5iiwUI

FED PLAN LEAKED: Treasury To Revalue Gold To 40,000 To Solve US Debt TSUNAMI!

FED PLAN LEAKED: Treasury To Revalue Gold To 40,000 To Solve US Debt TSUNAMI!

Financial Wisdom:  7-11-2025

0:00 - Introduction: Discussing potential gold revaluation to address U.S. debt

 0:33 - Government's ability to monetize gold revealed

1:00 - Exploring the Federal Reserve's recent report and internal operations

1:58 - Federal Reserve's manual and its implications

2:24 - Federal Reserve document on gold certificate accounts

2:54 - Reference to Forbes article discussing gold revaluation

3:41 - The U.S.'s gold reserves and their value

 4:05 - Explanation of Treasury’s gold certificates and the Fed’s role

 5:37 - Treasury’s authorization to monetize gold

6:11 - How the Treasury and Fed interact through gold certificates

7:00 - Using gold certificates to pay off U.S. debt

7:31 - Potential impact of monetizing gold on Treasury debt

8:17 - Reserve banks and settlement vehicles in the Fed manual

 9:03 - Confirming monetizing gold is a feasible strategy

9:43 - Example balance sheet from Federal Reserve

10:07 - The Fed’s balance sheet and monetizing treasuries

10:55 - The importance of gold certificates as an asset

11:33 - Legal feasibility of monetizing gold

12:05 - Impact of gold revaluation on U.S. debt

12:31 - Discussing the debt-to-GDP ratio and its effects

13:25 - Concerns about rising debt and interest payments

13:48 - Proposed solution: Revaluing gold to reduce debt

14:15 - The theory behind debt sustainability at lower ratios

14:59 - The potential consequences of gold revaluation on inflation

16:05 - Impact of $5 trillion in new cash from gold revaluation

 17:08 - Inflation and the potential effects on nominal GDP

17:30 - Calculating the gold price needed to reduce U.S. debt

18:20 - How the government could buy gold at $20,000 per ounce

19:03 - Role of the Fed in setting a floor price for gold

20:08 - The Fed’s minimal intervention in buying gold

 21:28 - Potential inflation from revaluing gold

22:34 - Main takeaway: Gold monetization is a legal and realistic solution

23:00 - Fact-checking the proposal with Federal Reserve documents

https://www.youtube.com/watch?v=Soo8orRvjDk

Inside China & Russia's Basel III Gold Strategy

Inside China & Russia's Basel III Gold Strategy

Miles Harris:  7-10-2025

The global financial crisis of 2008 exposed vulnerabilities in the banking system, leading to the creation of Basel III.

Designed to fortify the global banking system, Basel III aimed to prevent future crises by imposing higher capital and funding costs on assets deemed riskier or less liquid. However, one surprising casualty of this rigorous framework has been the traditional role of gold within commercial banking portfolios.

At its core, Basel III sought to create a more resilient financial landscape. This meant increasing the stability of banks by ensuring they held sufficient capital to absorb potential losses and had adequate liquidity to meet their obligations.

This framework imposes heightened capital and funding requirements on assets deemed riskier or less liquid. Curiously, within this rigorous framework, gold found itself categorized as a “less liquid” asset. This classification immediately introduces significant liquidity costs, making it inherently more expensive for banks to hold.

The most impactful change, however, came with the Net Stable Funding Ratio (NSFR). Even when gold was securely allocated and held, Basel III assigned it a substantial 85 percent funding requirement under the NSFR. This marked a dramatic departure from its treatment under previous regulatory frameworks like Basel II, fundamentally altering the economics of holding gold.

 For any large commercial bank, maintaining significant gold positions essentially became economically unviable, if not “nearly unworkable,” due to these prohibitive costs and capital charges. The rationale being that even highly liquid assets require stable funding sources.

Yet, as major Western banks find themselves effectively deterred from accumulating substantial gold reserves, a contrasting trend emerges from the East. Gold-producing powerhouses like China and Russia have skillfully navigated these regulatory waters. Leveraging their unique positions as primary producers and perhaps national regulatory flexibilities, these nations have been actively amassing significant gold reserves. This divergence creates a fascinating geopolitical dynamic, where the West’s financial regulations discourage gold accumulation by its commercial banks, while key players in the East are strategically strengthening their reserves.

The treatment of gold under Basel III presents a paradox: an asset historically viewed as a safe haven and store of value is now burdened with significant costs for banks.

This regulatory shift raises questions about the long-term implications for global financial systems, the role of central banks versus commercial banks in gold holdings, and the evolving power dynamics in the international monetary landscape.

For a deeper dive into these complex financial mechanics and their broader implications, watch the full video from Miles Harris for further insights and information.

00:00 Intro

01:26 Russia & China's Workaround

 02:12 Inside China's Gold Accumulation Complex

03:45 Russia's Sanction Strategy

05:28 How their banks are doing what the west's can't

 06:53 The Numbers Behind the Strategy

07:43 Basel III: A strategic tool, not a constraint

https://www.youtube.com/watch?v=0vEya9Q9JL8

BRICS+ are Big Enough to Dethrone the Dollar

BRICS+ are Big Enough to Dethrone the Dollar

Liberty and Finance:  7-9-2025

Financial expert Andy Schectman delivered a compelling address at the recent 2025 Rural Symposium on Natural Resource Investing, shedding light on major geopolitical and monetary developments centered around the burgeoning BRICS nations.

His presentation painted a picture of a rapidly evolving global financial landscape, one increasingly designed to operate independently of U.S. financial.

Schectman emphasized how strategic moves by key players are coalescing to form an entirely new financial infrastructure.

He highlighted the significant role of the Shanghai Metals Exchange and the groundbreaking launch of the M-Bridge settlement platform as foundational elements.

According to Schectman, these initiatives are paving the way for a financial system that is not only decentralized and gold-backed but also transparently audited via blockchain technology – a stark departure from the current U.S.-centric model.

The implications, Schectman warned, are profound. These developments, which include the expansion of multi-jurisdictional gold vaults and the accelerating internationalization of the Chinese yuan, pose a direct challenge to the U.S. dollar’s longstanding role.

 He cautioned that these initiatives threaten not only the dollar’s preeminent status in global trade settlement but potentially its critical reserve currency status.

Schectman underscored the strategic significance of these BRICS-aligned initiatives, noting their expansion to include an increasing number of non-member nations.

Critically, he pointed out that this emerging financial framework is being built specifically to circumvent transactions settled in the U.S. dollar, Euro, and British Pound. Schectman also took a moment to acknowledge and credit long-time investment strategist Rick Rule for his insightful guidance, suggesting these shifts align with broader, often overlooked, macro trends.

Concluding his address, Schectman issued a strong call to action, urging people to look beyond mainstream narratives regarding global finance.

He advised proactive engagement and informed decision-making, stressing that these monumental developments are progressing at an accelerated pace and will soon become too obvious to ignore for those who choose to remain uninformed.

For a deeper dive into Andy Schectman’s insights and the full context of his presentation, viewers are encouraged to watch the complete video available from Liberty and Finance.

https://youtu.be/iGD5PlU-y-A

Gold Surges Past Euro as Central Banks Brace for Dollar Crisis

Gold Surges Past Euro as Central Banks Brace for Dollar Crisis

Taylor Kenny:  7-8-2025

A significant tremor is reverberating through global financial markets, hinting at a profound shift in the very foundations of international trade and reserves.

Gold, the timeless store of value, has notably surged past the Euro, grabbing headlines and the attention of economists worldwide. But this isn’t just about price appreciation; it’s a symptom of a deeper, more strategic maneuver by central banks across the globe.

Why are these powerful financial institutions, traditionally anchored to the U.S. Dollar, loading up on gold at an unprecedented pace?

The answer, increasingly evident, points to a bracing for a potential Dollar Crisis.

For decades, the U.S. Dollar has reigned supreme as the world’s primary reserve currency, the backbone of international trade, and the preferred asset for central bank reserves. Its stability and liquidity were considered sacrosanct.

 However, a quiet but resolute shift has been underway, accelerating dramatically in recent years. Central banks, from emerging economies to established financial powers, are aggressively accumulating gold.

The collective actions of central banks send a powerful message: they perceive a growing vulnerability in the current dollar-centric system. The surge in gold prices, particularly its outperformance against currencies like the Euro, reflects this growing demand and the market’s acknowledgment of gold’s role as a safe haven in uncertain times.

This isn’t necessarily a prediction of an immediate collapse, but rather a prudent strategy to de-risk national balance sheets and prepare for a future where the dollar’s dominance may be significantly diminished.

By increasing their gold holdings, central banks are fortifying their reserves against potential currency volatility, geopolitical shocks, and a global financial reset.

The implications of this shift are profound. It signals a move towards a more diversified, and potentially more volatile, international monetary system. For individuals and investors, understanding these macro trends is crucial.

 The central bank gold rush isn’t just a financial headline; it’s a window into the strategies being employed at the highest levels of global finance to navigate a future where the rules of money may be fundamentally rewritten.

To gain deeper insights and comprehensive information on this unfolding global shift, it’s vital to stay informed.

 Watch the full video from ITM Trading with Taylor Kenney for further insights and expert analysis. Understanding why central banks are moving away from the dollar and towards gold is key to navigating the turbulent waters of the emerging global economy.

https://youtu.be/lQrVz8eshHM

More News, Rumors and Opinions Tuesday PM 7-8-2025

Gold Telegraph: This Shift has been Telegraphed for Years

Tuesday, 8 July 2025,

China added to its official gold reserves for an eighth straight month in June… China continues to stockpile.

BREAKING NEWS CHINA IS ESTIMATED TO HAVE ADDED UP TO 100,000 TONNES OF NICKEL TO ITS STATE RESERVES SINCE DECEMBER.

Buying for government strategic stockpile at low prices… Smart.

“Beijing takes advantage of prices at 5-year lows for metal vital to steel and EV batteries in push to secure supply chains…”

Source: https://www.ft.com/content/3af62de7-d7db-49c0-b8e5-a5cc0f80b8e2

The tensions between the United States and Japan needs to be followed very closely. Why? Japan is the largest holder of U.S. debt.

BREAKING NEWS: BRAZIL’S PRESIDENT SAYS THE WORLD DOES NOT NEED AN EMPEROR AFTER THE PRESIDENT OF THE UNITED STATES THREATENED EXTRA TARIFFS ON BRICS

Wow…

“Trump’s threat on Sunday night came as the U.S. government prepared to finalize dozens of trade deals with a range of countries…”

Source: https://www.reuters.com/world/china/brics-nations-resist-anti-american-label-after-trump-tariff-threat-2025-07-07/

A Governing Council member from the European Central Bank says the ECB’s best unconventional instrument for steering monetary policy is a large-scale asset purchase. Here we go. These central bankers should just ask how large-scale QE has worked in Japan. Just a total circus.

Let’s connect the dots:

1. China is acquiring mineral assets globally at the fastest pace in over a decade.

2. China is also publicly hoarding gold… quietly, with many people questioning how much the country really has.

3. Gold is now the world’s second-largest reserve asset.

Globally?

4. Nations are calling for structural reform of the IMF and World Bank.

This isn’t random.

It’s a strategic realignment of the global financial order.

Gold is no longer on the sidelines; it’s moving to the center of the global financial stage. This shift has been telegraphed for years. The next chapter is now being written.

Source(s):   https://x.com/GoldTelegraph_/status/1942282968959181225

https://dinarchronicles.com/2025/07/08/gold-telegraph-this-shift-has-been-telegraphed-for-years/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Walkingstick   [Iraqi bank manager friend Aki update]  The bank [in Dearborn] is open. Question "What is the main thing they are doing?"  Transferring.  They're getting ready because they know the Iraqi citizens are going to be transferring a lot.  They can now, he's with Western Union.  Question:  "He's still waiting for the new exchange rate, huh?"  That's all he's waiting for. 

Sandy Ingram  Iraq is making quiet moves in the finance, banking and manufacturing areas.  These moves don't look like much when you read about them...but when you tie it all together you see big progress...And you see a country that plans to outshine all the other countries in the Middle East...

Clare  Article:  "An expert warns of the US Federal Reserve's restrictions on Iraq's financial sovereignty" Quote: "Economic expert, Diaa Mohsen, confirmed...Iraq still lacks independent economic decision-making due to the restrictions imposed by the US Federal Reserve on its funds, warning of the repercussions of the continuation of this situation on the country's financial sovereignty."

Has Gold Peaked? This Chart Tells a Different Story

Mike Maloney & Alan Hibbard:  7-8-2025

Is gold overvalued—or is the biggest move in precious metals still ahead? In this episode of the GoldSilver Show, Mike Maloney and Alan Hibbard dive deep into a powerful yet rarely-discussed chart: the M2 money supply-to-gold ratio.

Inspired by a viewer’s tweet, they break down how this ratio can signal market turning points and explore whether gold has truly peaked or if we’re on the cusp of a historic breakout.

 Along the way, they decode data from the Federal Reserve, analyze decades of economic trends, and uncover what the world’s central banks may be preparing for—a return to real money.

https://www.youtube.com/watch?v=o9va-5z2Yq4&t=115s

Operation Gold Hollow: 90% Of London’s Bullion Was Never There—Now The Exit Doors Are Locked | Andy Schectman

Operation Gold Hollow: 90% Of London’s Bullion Was Never There—Now The Exit Doors Are Locked | Andy Schectman

Two Dollars Investing:  7-7-2025

London’s gold vaults just got exposed—and it’s worse than anyone imagined.

Andy Schectman returns with a bombshell: over 279 million ounces of gold claimed in the LBMA system… but only 36 million ounces are actually available for delivery.

 The rest? Vanished, double-counted, or never there to begin with.

 In this urgent episode, we expose the paper gold illusion propping up the entire global bullion system, how the U.S. quietly cornered supply using “logistics” as cover, and why major players are now scrambling before the exit doors slam shut.

https://www.youtube.com/watch?v=uZz6aATLvPc

Seeds of Wisdom RV and Economic Updates Saturday Afternoon 7-5-25

Good Afternoon Dinar Recaps,

BRICS to Launch Guarantee Fund to Boost Investment and Lower Finance Costs
New BRICS Multilateral Guarantee Fund backed by NDB aims to challenge Western financial dominance

▪️ BRICS to announce a new guarantee fund backed by the New Development Bank (NDB) to reduce investment risk and financing costs.
▪️ The BRICS Multilateral Guarantee (BMG) Fund is modeled after the World Bank’s MIGA and will be a central theme at the 17th summit in Rio.
▪️ The initiative signals BRICS' push toward a multipolar financial order—but attracting institutional support will be key to success.

The BRICS alliance—comprising Brazil, Russia, India, China, and South Africa—is preparing to unveil a new financial tool: the BRICS Multilateral Guarantee (BMG) Fund, a mechanism designed to stimulate investment and reduce capital costs among its members.

According to Reuters, the fund will be officially announced during the upcoming 17th BRICS Summit in Rio de Janeiro, hosted by Brazil. The New Development Bank (NDB) will administer the BMG Fund, which is modeled on the World Bank’s Multilateral Investment Guarantee Agency (MIGA).

A Strategic Move Toward Financial Sovereignty

The guarantee fund represents a bold step by BRICS to counterbalance the financial influence of the West, particularly amid concerns over unpredictable U.S. economic policy shifts.

By offering in-house guarantees on investments made within the bloc, the BMG Fund aims to reduce reliance on Western-led financial institutions and cut the cost of borrowing for major development projects.

“This is a politically significant guarantee instrument,” said one source close to the matter. “It sends a message that BRICS is alive, working on solutions, strengthening the NDB, and responding to today’s global needs.”

Technical Approval Complete, Formal Launch Imminent

Insiders confirmed that the BMG Fund has already received technical approval from all BRICS member states. Its formal endorsement by finance ministers is expected to take place during the summit, which would make the fund operational.

The announcement could be a defining moment for the BRICS bloc as it positions itself as a global counterweight to institutions such as the World Bank and International Monetary Fund (IMF).

Challenges Ahead: Private Capital Participation Needed

While the BMG Fund is an ambitious initiative, its long-term viability depends on attracting institutional investors and major commercial banks. These players will be essential in helping the NDB manage risk and mobilize significant capital.

The fund’s success will hinge on whether it can convince private sector financiers that BRICS nations present secure and profitable investment opportunities.

This will require clear risk-sharing frameworks, attractive terms, and strong governance standards.

Toward a Multipolar Financial World

The launch of the BMG Fund reflects BRICS’ broader goal of reshaping the global financial order. As the bloc explores alternatives to dollar-based systems, it continues to build new financial architecture aimed at reducing dependency on Western financial institutions.

From the NDB’s expanding role to ongoing de-dollarization efforts, BRICS is methodically crafting a multipolar financial ecosystem.

The BMG Fund could become a cornerstone of this vision—if it gains sufficient backing from public and private sectors alike.

@ Newshounds News™
Source: Watcher.Guru

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