#dollar #gold #brics #geopolitics
Today we will look at an article from Business Insider where that covers the continued appetite for gold from the emerging market or BRICS bloc countries.
This is happening for economic and geopolitical reasons which I have been warning about on this channel over the years.
A majority of global central banks now expect gold to grow as a reserve asset while views on the US dollar turn dimmer (article): https://markets.businessinsider.com/news/commodities/dedollarization-central-banks-gold-reserve-asset-dollar-dominance-russia-haven-2023-5
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.