The BRICS economic bloc announced it will add six new members, including Saudi Arabia. The growing influence of BRICS could ultimately dent Western economic power and undermine the dollar's role as the world's reserve currency. In this episode of the Friday Gold Wrap, host Mike Maharrey talks about the ramifications of BRICS expansion, de-dollarization, and the possibility of a BRICS currency. He also talks about how silver is inexcusably low.
You can visit the show notes page here: https://bit.ly/3Pb5GWL
Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary. For more information visit https://schiffgold.com/news.
-What is BRICS?
-BRICS expansion and the ramifications
-De-dollarization
-Will BRICS create a new currency to compete with the dollar?
-The price is silver is inexcusably low