Over the past year, there’s been a lot of speculation in regards to what the BRICS may be planning in regards to a new currency system.Leading up to last year’s BRICS meeting Jim RIckards had speculated that they would be going to a gold-backed currency. Which of course has not happened yet.At the BRICS meeting Russian Foreign Minister Sergey Lavrov said ‘Nobody is talking now about a “common currency.’ Although Russian economist Sergey Glazyev has made other comments that give a different impression.So what’s really happening?Video Length: 00:32:42More By This Author:Inflation Has Bottomed, Fed Must Soon Cut Into Rising CPIZimbabwe Considers Gold To Back Its Currency’Managed Money’ Is Now Short In Silver
Are BRICS Really Planning A ‘Common Currency’
