Russia confirms "BRICS" will launch Gold-Backed currency

Mathanzua

JF-Expert Member
Jan 4, 2017
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Breaking news: Russia confirms "BRICS" to launch Gold-Backed Currency

07 JULY 2023

Breaking news: Russia Confirms "BRICS" To Launch Gold-Backed Currency
According to state-run Russian Television (RT), the Russian Government HAS CONFIRMED Brazil, Russia, India, China and South Africa, known as the "BRICS" nations, will introduce a new trading currency backed by Gold.

The official announcement is expected during the upcoming BRICS Summit in South Africa, this August.

If this takes place, it will likely mark the end of "fiat" currencies like the US Dollar, which is backed by nothing.

How fast nations around the world switch to using this new gold-backed currency for their foreign trade, is anyone's guess.

The more countries that choose to use this new currency, the more foreign-held US Dollars will come rushing back to the USA from those countries, which no longer need to hold US Dollars for their foreign trade. As those Dollars come back to the USA, it will cause inflation to spike in ways never-before seen here in America.

The US manufactures almost nothing here anymore. Almost everything the US buys and sells in the USA is made overseas. As US dollars comes flooding back from overseas, the value of the US dollar will plummet versus other currencies, which means it will take many more US Dollars to buy goods from foreign countries.

Hence, sudden and dramatic inflation in the US.

It is worth pointing out that the US has, on more than one occasion, gone to actual WAR to stop this exact thing from taking place in the past. Two recent examples would be Libya and Iraq.In Libya, Mohamar Qadaffi wanted to create a gold-back Pan-African currency. Within a month of his announcement, there were riots and uprisings in Libya that ultimately resulted in Qadaffi being mobbed and brutally killed in the streets.

Iraq made a similar effort under Saddam Hussein.He announced that Iraq would begin selling oil in currencies OTHER THAN the US Dollar, which sent the US to Iraq, toppling Hussein from power. Ultimately, Hussein was found hiding in a hole in the ground, was arrested, tried, and HUNG BY HIS NECK until dead.

The US takes it V E R Y serious when anyone around the world tries to do anything that would unseat the US dollar as the world's defacto Reserve Currency.

The US is already itching to go to war with Russia over the Ukraine conflict. With today's announcement about a Gold-Backed BRICS trading currency, it seems logical that the US "gloves" will come off.

If Russia and the BRICS Nations do what they have announced, it would mean the total collapse of US world dominance. There are many people inside the US Government that would rather burn the entire world to the ground, rather than lose control of it. Put simply, they will stop at NOTHING to maintain their financial control power, and will actively, viciously, brutally, destroy anyone and anything threatening their power.

MY TAKE: The situation will only get uglier
 
Hahaha this is the time now to short sell these currencies against the crypto
 
Hiyo Russia unayoizungumzia hapa itakuwa ni kile kitongoji kilichopo Congo Brazzaville lakini kama ni hii Russia ninayoijua inayoongozwa na Putin haya maneno uloyaandika utakuja yakataa.
 
Tusubiri,time will tell.Ila naomba usome script vizuri,nadhani utameza maneno yako.

Hiyo ngoma ikianza na BRICS ujue balaa liko karibu maana hadi kwenye forum mbalimbali nchi kama Kenya wameweka wazi kuhitaji mfumo mwingine wa fedha na sio ule ambao uko dominated na US, narudia kama wakifanikiwa halafu ikawapo backup ya mataifa wazalishaji wakubwa wa mafuta kuachana na dollar basi tena habari itaishia hapo, na Dhahabu itapanda bei maradufu kupita ilivo sasa maana demand itakua kubwa sana ,
 
Mawazo ya Gaddafi yanawadia sasa
Halafu sisi masikini tunaochimba dhahabu kama viazi wala thamani hatuijui
Gold reserves yetu hovyo naona hata 500 metric tons hatuna
 
Umechanganyikiwa cause hujui hata uelekeo wako
.
20230613_230548.jpg
 
Breaking news: Russia confirms "BRICS" to launch Gold-Backed Currency

07 JULY 2023

Breaking news: Russia Confirms "BRICS" To Launch Gold-Backed Currency
According to state-run Russian Television (RT), the Russian Government HAS CONFIRMED Brazil, Russia, India, China and South Africa, known as the "BRICS" nations, will introduce a new trading currency backed by Gold.

The official announcement is expected during the upcoming BRICS Summit in South Africa, this August.

If this takes place, it will likely mark the end of "fiat" currencies like the US Dollar, which is backed by nothing.

How fast nations around the world switch to using this new gold-backed currency for their foreign trade, is anyone's guess.

The more countries that choose to use this new currency, the more foreign-held US Dollars will come rushing back to the USA from those countries, which no longer need to hold US Dollars for their foreign trade. As those Dollars come back to the USA, it will cause inflation to spike in ways never-before seen here in America.

The US manufactures almost nothing here anymore. Almost everything the US buys and sells in the USA is made overseas. As US dollars comes flooding back from overseas, the value of the US dollar will plummet versus other currencies, which means it will take many more US Dollars to buy goods from foreign countries.

Hence, sudden and dramatic inflation in the US.

It is worth pointing out that the US has, on more than one occasion, gone to actual WAR to stop this exact thing from taking place in the past. Two recent examples would be Libya and Iraq.In Libya, Mohamar Qadaffi wanted to create a gold-back Pan-African currency. Within a month of his announcement, there were riots and uprisings in Libya that ultimately resulted in Qadaffi being mobbed and brutally killed in the streets.

Iraq made a similar effort under Saddam Hussein.He announced that Iraq would begin selling oil in currencies OTHER THAN the US Dollar, which sent the US to Iraq, toppling Hussein from power. Ultimately, Hussein was found hiding in a hole in the ground, was arrested, tried, and HUNG BY HIS NECK until dead.

The US takes it V E R Y serious when anyone around the world tries to do anything that would unseat the US dollar as the world's defacto Reserve Currency.

The US is already itching to go to war with Russia over the Ukraine conflict. With today's announcement about a Gold-Backed BRICS trading currency, it seems logical that the US "gloves" will come off.

If Russia and the BRICS Nations do what they have announced, it would mean the total collapse of US world dominance. There are many people inside the US Government that would rather burn the entire world to the ground, rather than lose control of it. Put simply, they will stop at NOTHING to maintain their financial control power, and will actively, viciously, brutally, destroy anyone and anything threatening their power.

MY TAKE: The situation will only get uglier
Mchawi lugha


Bi Mkubwa aibacked shilingi yetu kwa viwango vya dhahabu
 
Those are only assumptions, nothing like that will happen that will threaten the US dollar hegemony as there is no alternative to dollar at the moment.
 
Bluffing.

The only currency inayoweza ku replace dollar ni Yuan pekee and only if china atakubli kitu ambacho ni kazi sana considering inabidi reserve currency iwe stable over time.

Na china hajataka muda mrefu kuiweka Yuan kua global currency anajua mziki wa ku maintain sarafu when demands surges or shrinks.

Russia haiwezi ku amrisha ipi iwe global currency ana offer export ipi ambayo ni needed zaidi ya mafuta na gesi?

Currency is supported by GDP and specifically exports.

South Africa kwenye brics ataofa nini?

Kipi nchi zitahitaji Rand ya south kwajili export gani kutoka south?

Kwenye brics naona ni China ndo anaweza amua kiasi.

China ana manufacture, ana export ana import. Na ana Navy support kubwa ya ku secure sea trade routes.

Iran, South africa, Russia wananini ambacho dunia iko inneed kutoka kwao?

The larger your GDP is the more the power you have to twerk global market.
 
Breaking news: Russia confirms "BRICS" to launch Gold-Backed Currency

07 JULY 2023

Breaking news: Russia Confirms "BRICS" To Launch Gold-Backed Currency
According to state-run Russian Television (RT), the Russian Government HAS CONFIRMED Brazil, Russia, India, China and South Africa, known as the "BRICS" nations, will introduce a new trading currency backed by Gold.

The official announcement is expected during the upcoming BRICS Summit in South Africa, this August.

If this takes place, it will likely mark the end of "fiat" currencies like the US Dollar, which is backed by nothing.

How fast nations around the world switch to using this new gold-backed currency for their foreign trade, is anyone's guess.

The more countries that choose to use this new currency, the more foreign-held US Dollars will come rushing back to the USA from those countries, which no longer need to hold US Dollars for their foreign trade. As those Dollars come back to the USA, it will cause inflation to spike in ways never-before seen here in America.

The US manufactures almost nothing here anymore. Almost everything the US buys and sells in the USA is made overseas. As US dollars comes flooding back from overseas, the value of the US dollar will plummet versus other currencies, which means it will take many more US Dollars to buy goods from foreign countries.

Hence, sudden and dramatic inflation in the US.

It is worth pointing out that the US has, on more than one occasion, gone to actual WAR to stop this exact thing from taking place in the past. Two recent examples would be Libya and Iraq.In Libya, Mohamar Qadaffi wanted to create a gold-back Pan-African currency. Within a month of his announcement, there were riots and uprisings in Libya that ultimately resulted in Qadaffi being mobbed and brutally killed in the streets.

Iraq made a similar effort under Saddam Hussein.He announced that Iraq would begin selling oil in currencies OTHER THAN the US Dollar, which sent the US to Iraq, toppling Hussein from power. Ultimately, Hussein was found hiding in a hole in the ground, was arrested, tried, and HUNG BY HIS NECK until dead.

The US takes it V E R Y serious when anyone around the world tries to do anything that would unseat the US dollar as the world's defacto Reserve Currency.

The US is already itching to go to war with Russia over the Ukraine conflict. With today's announcement about a Gold-Backed BRICS trading currency, it seems logical that the US "gloves" will come off.

If Russia and the BRICS Nations do what they have announced, it would mean the total collapse of US world dominance. There are many people inside the US Government that would rather burn the entire world to the ground, rather than lose control of it. Put simply, they will stop at NOTHING to maintain their financial control power, and will actively, viciously, brutally, destroy anyone and anything threatening their power.

MY TAKE: The situation will only get uglier
Brics haiwezi kuwa na nguvu yoyote, mataifa ambayo yanaunga mkono umoja wao wa kifedha Gold-Backed Currency ni nchi masikini sana, nchi hizo hizo wengi wao wanaitegemea US kwa kila kitu, China, South Africa ni nchi ambazo haziwezi kuhimili hata kwa dakika moja vikwazo vya US,

Soko la mataifa ya Euro na $ , ni kubwa sana na limeekezwa muda mrefu sana nchi nyingi tajiri zinaunga mkono umoja huu ambao ndio unaoendesha dunia kiuchumi, Nchi kama Africa Kusini ambayo yenyewe bado haijaweza kuji- stablize itaweza vipi kuruka vihunzi vya US na kwenda kutegemea upande ambao hauna uhakika ambao umekuzwa na chuki tu za dikteta putin, pia China technologia yake yote aliyonayo baada ya kuekewa vikwazo vya technologia juzi ameiomba US imuondoshee vikwazo unafkiri ni kwa vipi umoja huo fedha utaenda kuiangusha $
 
Kama ilivyotamkwa na watu wa vitabu, " wale wajinga wa historia wamehukumiwa kuyarudia makosa"

Hakuna asiye jua jinsi Russia alivyo mfu kwenye mambo ya kiuchumi. Late USSR aliingizaa nchi nyingi sana mkenge na sera yake ya kijaamaa. Now russia ambaye ni kivul cha USSR anaenda kuwapiga pini BRICKS kiuchumi.

Kwa mchumi timamu atajua Pres Nixon mpaka akafikia hatua ya kuitoa dola kuwa backed na gold lilokuwa ni jambo jema lililoleta manufaa katika kasi ya ukuaji uchumi dunia nzima. Ukweli ni kwamba gold is finite resource while enterpreneurships ideas are limitless. Sasa hiyo gold itakayo back up iyo pesa uchwara yao itatoka wapi. Au ndio mpaka pale watakapo kwama ndio watajua why Nixon aliachana na mpango huo.
 
Hiyo ngoma ikianza na BRICS ujue balaa liko karibu maana hadi kwenye forum mbalimbali nchi kama Kenya wameweka wazi kuhitaji mfumo mwingine wa fedha na sio ule ambao uko dominated na US, narudia kama wakifanikiwa halafu ikawapo backup ya mataifa wazalishaji wakubwa wa mafuta kuachana na dollar basi tena habari itaishia hapo, na Dhahabu itapanda bei maradufu kupita ilivo sasa maana demand itakua kubwa sana ,
Hawajiulizi why hata kanchi kama tz kameanza kujaza Gold kuback uchumi/hela yake. Something is coming na ndio maana hata Hao USA wameazisha federal digital app Yao ipi kujaribu kujiokoa maana they know their paper is going down. Na wanajua njia pekee ambayo walikuwa wanaitumia nyuma ni kuingia vitani na kupiga watu. But hawawezi kufanya hivyo kwa putin wala China (Kenya na south walioanzisha maandamano tu ambayo hayajazaa matunda). Walizoea kuprint money kila siku yaani walitumia mfumo WA ottoman empire mwisho msamba utawachana
 
Breaking news: Russia confirms "BRICS" to launch Gold-Backed Currency

07 JULY 2023

Breaking news: Russia Confirms "BRICS" To Launch Gold-Backed Currency
According to state-run Russian Television (RT), the Russian Government HAS CONFIRMED Brazil, Russia, India, China and South Africa, known as the "BRICS" nations, will introduce a new trading currency backed by Gold.

The official announcement is expected during the upcoming BRICS Summit in South Africa, this August.

If this takes place, it will likely mark the end of "fiat" currencies like the US Dollar, which is backed by nothing.

How fast nations around the world switch to using this new gold-backed currency for their foreign trade, is anyone's guess.

The more countries that choose to use this new currency, the more foreign-held US Dollars will come rushing back to the USA from those countries, which no longer need to hold US Dollars for their foreign trade. As those Dollars come back to the USA, it will cause inflation to spike in ways never-before seen here in America.

The US manufactures almost nothing here anymore. Almost everything the US buys and sells in the USA is made overseas. As US dollars comes flooding back from overseas, the value of the US dollar will plummet versus other currencies, which means it will take many more US Dollars to buy goods from foreign countries.

Hence, sudden and dramatic inflation in the US.

It is worth pointing out that the US has, on more than one occasion, gone to actual WAR to stop this exact thing from taking place in the past. Two recent examples would be Libya and Iraq.In Libya, Mohamar Qadaffi wanted to create a gold-back Pan-African currency. Within a month of his announcement, there were riots and uprisings in Libya that ultimately resulted in Qadaffi being mobbed and brutally killed in the streets.

Iraq made a similar effort under Saddam Hussein.He announced that Iraq would begin selling oil in currencies OTHER THAN the US Dollar, which sent the US to Iraq, toppling Hussein from power. Ultimately, Hussein was found hiding in a hole in the ground, was arrested, tried, and HUNG BY HIS NECK until dead.

The US takes it V E R Y serious when anyone around the world tries to do anything that would unseat the US dollar as the world's defacto Reserve Currency.

The US is already itching to go to war with Russia over the Ukraine conflict. With today's announcement about a Gold-Backed BRICS trading currency, it seems logical that the US "gloves" will come off.

If Russia and the BRICS Nations do what they have announced, it would mean the total collapse of US world dominance. There are many people inside the US Government that would rather burn the entire world to the ground, rather than lose control of it. Put simply, they will stop at NOTHING to maintain their financial control power, and will actively, viciously, brutally, destroy anyone and anything threatening their power.

MY TAKE: The situation will only get uglier
Everything looks good on the drawing table, everything sounds great when presented.
Hao wote wapo kwenye balehe, wanaamini wakikua watajenga jumba moja kuubwa, wataishi pamoja, watapika na kula pamoja. Kila mtu ataoa au kuolewa na watawaleta wenza wao waishi nao humohumo, watapata watoto na kuishi nao humohumo. Watawapeleka shule moja.

Ukweli ni kwamba wakishaanza tu kuota ndevu Na wa kike kuota hips na kutanuka viuno, kila mmoja ataenda njia yake, na marafiki wapya. Kila mmoja hatataka kufuatwafuatwa atataka aachwe na maisha yake.
 
Everything looks good on the drawing table, everything sounds great when presented.
Hao wote wapo kwenye balehe, wanaamini wakikua watajenga jumba moja kuubwa, wataishi pamoja, watapika na kula pamoja. Kila mtu ataoa au kuolewa na watawaleta wenzao wao waishi nao humohumo, watapata watoto na kuishi nao humohumo. Watawapeleka shule moja.

Ukweli ni kwamba wakishaanza tu kuota ndevu Na wa kike kuota hips na kutanuka viuno, kila mmoja ataenda njia yake, na marafiki wapya, hatataka kufuatwafuatwa atataka aachwe ma maisha yake.
Tusubiri,ila the West na BRICS ni establishments mbili tofauti kabisa.This difference may cultivate a completely new atmosphere for handling World issues.So kama nilivyosema,tusubiri.

Tatizo ni kwamba tuliamishwa the West ndio the best model of how to do things and the way to success,kumbe si kweli,it is a fuss.
 
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