BRICs Buildout Puts Ever Greater Pressure on USD [Video]

BRICs Buildout Puts Ever Greater Pressure on USDGreg Hunter – Financial writer John Rubino warned two weeks ago that whatever came out of the BRICS (Brazil, Russia, India, China and South Africa) meeting this past week would be bad for the dollar.  The dollar did not crash, but the prospects for it remaining the reserve currency of the world took a beating.

The BRICS added a half dozen countries into its group.  Two of the most troubling for the dollar are Saudia Arabia (SA) (where the petrodollar started) and United Arab Emirates (UAE) where the U.S.  has huge Navy and Airforce assets.  SA and UAB officially joining the BRICS was nothing short of a stunning rebuke of U.S. financial and military power in the Persian Gulf.

Continue reading

Moronic & Demonic Indictment, BRICS in Business, CV19 Horror Returns [Video]

Moronic & Demonic Indictment, BRICS in Business, CV19 Horror ReturnsGreg Hunter – It’s Donald Trump’s fourth indictment for more made-up crimes and political persecution that no other American President in history has had to endure.  This time it is a host of Georgia RICO charges, but in reality, it is making the 1st Amendment a crime.  How dare anyone complain about an election that was obviously stolen in 2020. Continue reading

New BRICS Currency Bad for Dollar [Video]

New BRICS Currency Bad for Dollar Greg Hunter – Analyst and financial writer John Rubino has a new warning about the fate of the U.S. dollar with the announcement next week (Aug 22–24) of the new BRICS (Brazil, Russia, India, China and South Africa) currency.  There has been lots of speculation about it.  Will it work?  Is it gold backed?  Will it immediately replace the U.S. dollar?  30 countries in all have signed onto the BRICS currency experiment.

Rubino contends, “No matter what shape it takes, the new BRICS currency is bad for the dollar. . . . You don’t want to be an enemy of the U.S., but neither do you want to be a target just because you are doing what you think is right in the world. . . then the U.S. comes in and destroys your banking system.  That is now a real possibility for a lot of countries.

Continue reading

New BRICS Currency Boosts Gold & Destroys Dollar [Video]

New BRICS Currency Boosts Gold & Destroys Dollar Greg Hunter – Seven-time, best-selling financial author James Rickards predicted in his most recent best-seller called “Sold Out” why broken supply chains would cause big inflation. He was right, and he still contends, “Supply chain problems and inflation are not over.”

For an example of the supply chain still being in fragile shape, look no further than the failed grain deal between Ukraine and Russia last week.  Rickards points out, “Putin has been very patient about this.  He had a deal. Ukraine was not living up to their end of the deal.  Putin says we are the ones getting attacked, so, screw the deal.  What’s that going to do to the price of grain?  It’s going to send grain prices up, and it’s already up 10% just in a matter of days.” Continue reading

China’s NWO: Gold-Backed Oil Benchmark on the Way [Video]

crude oilAlexandra Bruce – BRICS is an acronym for Brazil, Russia, India, China and South Africa, the emerging economies originally predicted by Goldman-Sachs in 2001 to dominate the world economy by 2050, comprising 48% of the world’s current population. The BRICS fund was created by these countries as an alternative development bank to the International Monetary Fund (IMF).

Contrary to what many may think, the BRICS nations, which concluded their recent meeting in Xiamen, China last Tuesday are not seeking to disrupt the Central Bankers’ debt-based, fiat money system of the IMF. They are actually seeking to get a better seat at the Central Bankers’ table, with their “currency basket” model, which replaces the petrodollar.

Continue reading