BRICS Establish $100 Billion Development Bank to Cut Out Western Dominance

We just received news of the video below from our friends at the Brazil Investor Group reporting on a multi-billion financial alliance that could signify the beginning of the collapse of the US dollar. BRICS is the term used to denote the worlds top 5 emerging nations and they have signed an agreement to create a rival to the IMF World Bank. This $100 billion BRICS Development Bank poses a severe threat to the health of the US dollar.

The countries comprising BRICS (Brazil, Russia, India, China, and South Africa) are putting in a variety of financial protection practices that will protect their new entity from financial crisis with the goal being to break away from the dependency on the U.S. dollar.

Seriously, I think we can all agree the writing’s on the wall. Please, please, please… do something to protect yourself NOW – and that something is to buy gold and exchange your fiat paper money (US Dollars) into real gold, all of which can be done at Karatbars when you create your free gold-backed savings account.

We’re not saying put all your money in gold, but surely a portion should be devoted, and Karatbars allows you to do this with small denomination gold just in case the worst happens and true financial disaster strikes. News on this BRICS alliance should at least get you moving, again, just to be on the safe side.

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One Response to BRICS Establish $100 Billion Development Bank to Cut Out Western Dominance

  1. Pingback: Gold at $7,000? BRICS Nations Rising To Be World’s Wealthiest | How to Buy Gold and Hedge Against Financial Crisis

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