Watchman Warning: America Is Done: It’s Biblical, Everybody Wants To Hop On The BRICS Express—End of an Age

HNewsWire: In a move expected to fuel the ongoing de-dollarization trend, the BRICS nations (Brazil, Russia, India, China, and South Africa) have announced plans to introduce a new trading currency backed by gold. The official announcement is slated to take place during the BRICS summit in South Africa in August. This development comes as central banks worldwide have been increasing their gold reserves to diversify away from the U.S. dollar—especially those belonging to the BRICS nations. In fact, the Chinese and Russian central banks have purchased no less than 130 tons of gold in Q1 and Q2 2023 alone. In 2022, global central banks added at least 400 tons to their reserves. Source: US Global Investors Analysts view the potential gold-backed currency as a significant step toward challenging the dominance of the U.S. dollar and increasing the international credibility of…

Read More