Guest
The BRICS bloc, consisting of Brazil, Russia, India, China, and South Africa, is reportedly advancing the development of a new stablecoin, informally referred to as the “UNIT.“ This proposed digital currency is envisioned to be underpinned by a reserve basket with 40% allocated to gold and 60% to BRICS currencies converted into gold. This initiative reflects the bloc's strategic move to enhance economic independence and reduce reliance on the U.S. dollar. The increasing accumulation of gold reserves by BRICS nations aligns with this push toward a gold-backed currency. While official specifications regarding the UNIT are yet to be disclosed, the notion of a gold-backed stablecoin is gaining traction, suggesting a potential rise in gold prices and a transformative impact on the global financial system. We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news. We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video! Credit: Liberty and Finance “The Debt Trap Is Sprung“ | Alasdair Macleod #gold #goldpriceprediction #alasdairmacleod #economy
