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U.S. Dollar Faces Major Threat at BRICS Summit - Simon Hunt (Pt 1/2)
In a compelling interview, Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, sits down with Simon Hunt, Founder of Simon Hunt Strategic Services, to delve into the BRICS countries' deliberate plan to challenge the dominance of the U.S. dollar. Hunt emphasizes the significance of this development and urges viewers not to underestimate the threat posed by the BRICS group and its expanding influence. Exploring the potential geopolitical implications, Hunt shares his insights on the possibility of a gold-backed BRICS currency and other key considerations.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Simon Hunt on Twitter: @SimonHu49583526 (https://twitter.com/SimonHu49583526)
0:00 - BRICS’ new currency
7:50 - BRICS’ new currency backed by gold?
12:18 - Expansion of BRICS group
16:35 - Pricing of oil
19:43 - Geopolitical consequences
#BRICS #gold #geopolitics #economy #currency #SimonHunt
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