BRICS Currency: 40% Could Be Tied to Gold, 60% in Local Currencies!
#brics
BRICS Currency: 40% Could Be Tied to Gold, 60% in Local Currencies
Will Brics’ gold-backed currency dethrone the dollar and throw the West into financial chaos? This is what happens when 40% of a currency is backed by gold and 60% by local currencies come face to face with dollars backed by nothing. It can send the US dollar crashing overnight.
So, is this the beginning of the end for the dollar; are we witnessing its downfall in real-time? Could the US economy survive if Brics nations stop using the dollar or are we on the brink of collapse?
Let’s find out.
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