BRICS The New Reserve Currency. Part One

Traders Den

BRICS The New Reserve Currency Part One

Since around 1989, Africa, mostly driven by Gadaffi has been trying to create a new alternative world reserve currency. In more recent years, with the weaker US economy and the attempts to suppress the growing powerhouse economies of China and Russia, the East and Southern-regions feel that it is time to introduce a new reserve currency. This is the first of three parts that discusses the role that gold may play in that Reserve Currency, as well as the reasons for its introduction.

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