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Dollar Doom Is a Slow Burn!

Dollar Doom Is a Slow Burn! It will be a LONG time coming. Photo by Jp Valery on Unsplash One article highlighted below brings out a point that I made two years ago when everyone in the alternative press was writing (as many still are) about how the BRICS nations were determined to replace the US dollar as […]

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De-Dollarization Just Accelerated… And You Might Not Even Know About It

De-Dollarization Just Accelerated… And You Might Not Even Know About It BRICS in Nizhny Novgorod, Crickets’ Silence, Saudi Arabia, and Bridges (Away from the U.S. Dollar) This past week has been a real turning point in the de-dollarization trend we’ve been talking about in these pages. Funny enough, the media seems to be completely oblivious to most […]

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Will BRICS launch a new world in 2024?

Will BRICS launch a new world in 2024? BRICS doubled its membership at the start of 2024, and faces huge tasks ahead: integrating its newest members, developing future admission criteria, deepening the institution’s groundings, and most importantly, launching the mechanisms for bypassing the US dollar in international finance. (Photo Credit: The Cradle) MOSCOW – Across […]

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Hedging the End of Fiat

Hedging the End of Fiat It is slowly coming clear that the fiat dollar’s hegemony is drawing to a close. That’s what the BRICS summit in Johannesburg is all about — rats, if you like, deserting the dollar’s ship. With the dollar’s backing being no more than a precarious faith in it, it is bound […]

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Xi, Putin Hail First BRICS Expansion In Over A Decade As Gulf Oil Powers Join

Xi, Putin Hail First BRICS Expansion In Over A Decade As Gulf Oil Powers Join At a moment China and Russia have envisioned the future of BRICS as fundamentally an anti-Western bloc of developing nations, the Gulf oil powers Saudi Arabia and the United Arab Emirates have been formally invited to become members, which marks the bloc’s first expansion […]

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What Are the BRICS Planning With the August 22nd Durban Accords?

What Are the BRICS Planning With the August 22nd Durban Accords? Photo by Khashayar Kouchpeydeh In my first explainer about the BRICS nations, you met the players and you know why their decisions affect the global economy. But why do their decisions affect us? You need to understand that first – before the August 22nd Durban Accords […]

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Why the dollar is finished

Why the dollar is finished Last week in my Goldmoney Insight, I analysed the rationale for a new gold backed trade settlement currency on the agenda of the BRICS summit in Johannesburg on 22—24 August. This article is about the consequences for the dollar-based fiat currency regime. There is strong evidence that planning for this […]

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The bell tolls for fiat

The bell tolls for fiat The importance of Russia’s announcement that a new gold-backed trade currency is on the BRICS meeting agenda for August 22—24 in Johannesburg seems to have gone completely over everyone’s heads, with mainstream media not even reporting it.  This is a mistake. China and Russia know that if they are to […]

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BRICS Nations Developing “New Currency” as Quest for Global De-Dollarization Accelerates

BRICS Nations Developing “New Currency” as Quest for Global De-Dollarization Accelerates China and Brazil recently finalized a trade deal in their own currencies completely bypassing the dollar, but that’s not the only bad news for the world’s reserve currency. Last week, a Russian official announced that the BRICS nations are working to develop a “new currency,” […]

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Iran-Saudi Rapprochement Will Deal A Deathblow To The Dollar

Iran-Saudi Rapprochement Will Deal A Deathblow To The Dollar Jacob Lawrence Struggle: From the History of the American People, Panel 8 1954Eurasia’s geo-economic integration took a great leap forward as a result of the Iranian–Saudi rapprochement, which unlocks the Gulf Cooperation Council’s (GCC) trade potential with Russia and China. Its wealthy members can now tap into two series of […]

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Russia And China Officially Announce A “New Global Reserve Currency”

Russia And China Officially Announce A “New Global Reserve Currency” And once again, as happens often with consequential news in the United States and the West, no one has noticed and no one seems to care. If you’ve blinked over the last month, you may have missed it… China and Russia are taking their shot […]

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BRICS Nations Discuss Shared Crypto to Break Away From USD and SWIFT

BRICS Nations Discuss Shared Crypto to Break Away From USD and SWIFT ANALYSIS Brazil, Russia, India, China and South Africa, or the BRICS economic bloc, are engaging in discussions to issue cross-national digital money in order to reduce the dependence of their economies on the United States, as reported by Cointelegraph on Nov. 14. What will the […]

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BRICS was created as a tool of attack: Lula

BRICS was created as a tool of attack: Lula Former Brazilian leader wishes emerging economies were closer, recalls Obama ‘crashing’ Copenhagen climate meet In a wide-ranging, two-hour-plus, exclusive interview from a prison room in Curitiba in southern Brazil, former Brazilian president Luis Inacio Lula da Silva re-emerged for the first time, after more than 500 […]

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Is Germany Moving SWIFT-ly To CIPS?

Is Germany Moving SWIFT-ly To CIPS? We have detailed how Russia and China have developed independent global payment systems that run parallel to the dollar based SWIFT system. We recently discussed how sanctions against Russia were actually “crushing the American empire“. The dollar based system is now obsolete and the entire world is questioning why […]

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Russia and China Lay Economic Foundation Based on Golden Rule

Russia and China Lay Economic Foundation Based on Golden Rule One of the many themes we support at The Daily Coin is the constant progress happening across the emerging markets, especially the nations involved the Eastern economic alliances like BRICS, BRI, SCO, EAEU and the like. These nations under the direction of China or Russia […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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