“BRICS must provide a united clear voice in shaping a peaceful, balanced and stable world.”
~ Narendra Modi, Prime Minister of India
Written by Bryan Lutz, Editor at Dollarcollapse.com:
In private, Putin’s personal harem fanned him with newly minted samples of the BRICS bank note last night.
In public, Putin fanned himself, handing out bank note samples while parading around the high energy of a new more stable, gold-backed currency.
Putin…
You hate to love the guy.
Lord knows some version of the KGB is still alive and well, operating somewhere under the steps of the Kremlin, but let’s forget about that…
Shall we?
The rise of BRICS isn’t good news for all those holding US dollars.
While the dollar continues to be challenged more than ever before…
The trend is exasperating dollar supremacy…
You see, everyone wants a stable currency.
Just not when you lose your own.
You and I would rather see a healthy, flourishing, stable US economy than see the USD die, but I’m sure we both want gold to win.
Not in the hands of ol’ Pooty, though.
He expanded his “friend” circle this week.
Iran, Egypt, Saudi Arabia, Ethiopia, and UAE all joined last year.
Maybe we’ll see Thailand, Malaysia and Turkey join in 2024…
Meanwhile, Putin put in his contribution the coming silver squeeze. Days after his announcement that the Russian Central Bank will start to purchase silver – silver breaks out, hitting new all-time highs.
(source: money metals)
It’s almost certainly headed higher – pushing prices to $50. Possibly for an early Santa Putin Christmas present, who knows…
Many pundits are preaching the the silver squeeze has already begun!
A squeeze happens when there’s little supply compared to demand.
Yet, more and more investors push to invest, driving prices up.
Yes, there’s profit in silver futures.
There are also profits in “small,” profitable silver mining companies.
Many of which are inside the DollarHedge Insider portfolio.
Still underpriced, they’re already up over 151% this year.
Others are waiting to break out over the next couple months.
As interest rates continue to drop…
Government spending piles up…
And potential election chaos reels the market.
Silver, gold and these specific stocks are bubbling up to explode higher, and higher.
Take care.