Uncategories BRICS Creating New Currency Backed by Gold, Soil, Rare-Earth Elements

BRICS Creating New Currency Backed by Gold, Soil, Rare-Earth Elements

April 07, 2023
The BRICS nations are working to create a brand new currency of their own that will be pegged to physical assets, such as gold. Together, these five nations represent 26 percent of the world's land surface area, 41 percent of the global population, and approximately 31.5 percent of the global GDP. And these BRICS nations are currently making large moves to supplant the U.S. dollar as the world's global reserve currency—meaning that this group of nations, representing about 40 percent of the world's people (and a growing portion of the world's GDP) are actively working on developing a new currency in order to bypass the U.S. dollar.
 
 
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