BRICs

How The Fed Destroyed The Functioning American Democracy And Bankrupted The Nation

"...a functioning democratic republic is premised on a simple agreement that We (the people) will freely choose our leaders... The intervention of the Federal Reserve into that equation, controlling interest rates, outright purchasing assets, and plainly goosing asset prices has introduced a cancer into the nation which has now metastasized."

"It's A Huge Story": China Launching "Petroyuan" In Two Months

"...the yuan-based oil contract will be a 'wake up call' for investors ...besides serving as a hedging tool for Chinese companies, the contract will aid a broader Chinese government agenda of increasing the use of the yuan in trade settlement...it's a 'huge story'..."

China Launches Yuan-Ruble Payment System

China and Russia are continuing to shift away from dollar-based trade, and converging on commerce which will eventually be backstopped by gold, or what is gradually emerging as an Eastern gold standard.

Is Saudi Arabia's Grand Strategy Shifting?

"Even in this era of global paradigmatic changes, Saudi Arabia’s shifting grand strategy is perhaps one of the most surprising developments to occur thus far..."

Rickards Warns "Cracks In The Dollar Are Getting Larger"

"The 1920s and 1930s witnessed a long, slow decline in sterling as it devalued against gold in 1931, and devalued again against the dollar in 1936... The dollar is losing its leading reserve currency status now, but there’s no single announcement or crucial event, just a long, slow process of marginalization."

The Petrodollar Is Under Attack: Here's What You Need To Know

"The evidence continues to show that the USDollar is slowly being eroded... and that as these adversarial countries make these developments in unison, there appears to be little the US can do without risking an all-out world war..."

Suddenly, "De-Dollarization" Is A Thing

"For what seems like decades, other countries have been tiptoeing away from their dependence on the US dollar. These were challenges to the dollar’s dominance, but they weren’t mortal threats. What’s happening lately, however, is a lot more serious. "

GoldCore's picture

Gold is currently up over 15% for the year, silver by nearly 12%. Both offer financial safe havens during times of war. All parties involved in the current geopolitical fracas are big holders of gold. Two of them, Russia and China are enabling the trade of the precious metal for key commodities.