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Saturday, 22 July 2023

Alasdair Macleod: BRICS To Establish Power Base Trading Block For The World

In this latest interview, Darryl and Brian Panes from As Good As Gold Australia interview Head of Research at GoldMoney, Alasdair Macleod. South Africa is to host the 15th BRICS Summit at the Sandton Convention Centre in Sandton, Johannesburg from 22 - 24 August 2023. This is a big event, with potentially huge ramifications, and yet, mainstream media has failed once again to bring it to the attention of the unsuspecting amd unprepared world. Five additional countries, including Saudi Arabia, responsible for the Petrodollar and consequently, the dominance of the US Dollar since 1973 are ready to register with BRICS and another 31 countries to follow. That's over 60% of the world's GDP and 64% of the world's population preparing to dump the US Dollar. China is concerned about the US's 'Pump & Dump' operation, impacting on and potentially dismantling it's allies, and are planning to stop the weaponisation of the US Dollar against its trading partners. The BRICS nations policy is clear - 'stick together' and revert to sound money. What happens to the trillions of US Dollars and out of favour currency in circulation and how long will it take for the 41 countries to be admitted to BRICS. Finally, how will this expansion of BRICS impact on the global economy, the US Dollar and Gold? Now more than ever before, it's important to own gold!