BRICS trade has grown remarkably

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News Date: November 5, 2023

The BRICS group witnessed a remarkable surge in their trade activities over the five-year period from 2017 to 2022.
According to a report by Bloomberg, these nations collectively bolstered their economic ties and achieved a staggering 56% growth in their trade volumes during this period.
This significant increase underscores the growing economic significance of this influential bloc on the global stage.
In the year 2022, the combined trade turnover among the BRICS nations reached an impressive milestone, amounting to a staggering $422 billion.
This substantial figure demonstrates the remarkable economic prowess and potential of the BRICS group, solidifying its status as a major player in the international trade landscape.
In a recent statement, Russian President Vladimir Putin argued that the BRICS group has already surpassed the G7 nations in terms of the purchasing power parity (PPP) of their populations.
This claim highlights the rising economic strength and consumer power of BRICS countries, potentially reshaping the global economic landscape and challenging the traditionally dominant position of the G7.

Sound Money Is Defending Liberties

It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments. Ideologically it belongs in the same class with political constitutions and bills of right.
Our monies - represent fiat currencies, monopolized by the state.
Fiat money is economically and socially destructive - with far-reaching and seriously harmful economic and societal consequences, effects that extend beyond what most people would imagine.
A free market in money means that people have the freedom to choose the kind of money they wish to use and that people have the freedom to provide their fellow men with alternative goods that may serve them well as money.
Sources:www.zerohedge.com

Ripple Swell event 2021

Ripple Swell is the annual conference held by the American technology company Ripple.
It is a private event for Ripple customers, prospects, and partners only.
Ripple Swell event 2021 is coming on November 9-10, virtual-only.
Leading industry discussions, networking, and interactive surprises.
Maybe Ripple is planning to announce something big.
Sources: swell.ripple.com

The End of the Dollar Empire

Gazprom says it has signed a deal for China to pay for Russian gas in national currencies.
Russia's Gazprom said on Tuesday it had signed an agreement to start switching payments for Russia's gas supplies to China to yuan and roubles instead of dollars.
Sources: reuters.com

Trump Hints at Gold-Backed Reset

🏆 August 11, 2025: In a direct statement, President Donald J. Trump reassured investors and markets: “Gold will not be Tariffed!” This pledge signals a commitment to keeping the precious metal free from trade barriers, reinforcing its role as a safe haven in uncertain times.
"Gold will not be Tariffed!" — Donald J. Trump
For centuries, gold has been a symbol of stability and wealth preservation. By removing any threat of tariffs, the U.S. sends a clear message — gold remains a secure and untouchable asset for those seeking financial protection. 📈✨
April 28, 2025: In a recent interview with The Atlantic, President Donald Trump made a striking assertion, declaring, “I run the country and the world.” The phrase suggests a centralized, commanding role in shaping national and international affairs, reflecting his ongoing narrative of strong leadership.
April 20, 2025: 🏆 Donald Trump’s recent posts slammed “NON-TARIFF CHEATING,” pinpointing currency manipulation as a top threat to fair trade. Echoing his “level playing field” mantra, Trump’s boldest statement—“HE WHO HAS THE GOLD MAKES THE RULES”—signals a potential global currency reset anchored by America’s 8,133.46 metric tons of gold, dwarfing China’s 2,264.32 and Russia’s 2,335.85 tons.
Targeting nations like China and Japan for allegedly devaluing currencies to boost exports, Trump’s focus on U.S. gold reserves suggests a strategy to counter manipulation by revaluing gold.
This could unlock billions to stabilize the dollar or fund tariffs, reshaping global trade. X posts today amplify the hype, with users debating a shift to gold-backed systems like XRP to rival BRICS’ gold hoarding. As fiat currencies wobble, Trump’s gold-centric rhetoric positions the U.S. to dictate new financial rules—provided it navigates the risks.

H.R.5404, a bill to define the dollar as a fixed weight of gold

H.R. 5404 is a bill introduced by Rep. Alex Mooney (R-WV2) that would bring the U.S. back to the gold standard once and for all. It would take effect exactly 30 months after the bill was passed, to allow an adjustment period in the American economy. Interestingly for a Republican-introduced bill, if the bill was enacted any time after July 2018, that 30-month window would come under the administration of the 2020 election.
Source:congress.gov