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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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55547365 No.55547365 [Reply] [Original]

https://www.zerohedge.com/markets/gold-standard-back-brics-intro-gold-backed-reserve-currency

The 2023 BRICS summit is August 22-24 in Johannesburg, South Africa. There are plans to announce a new, gold-backed trading currency at this event.

USD hyperinflation? /pmg/ vindication?
BRICS decapitation strike?

>> No.55547366
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>> No.55547385
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>>55547365
>zerohedge
Dropped, per usual.

>> No.55547419

>>55547385
https://www.brics2023.gov.za/about-summit
>BRICS Leaders are expected to attend the 15th BRICS Summit in South Africa from 22 – 24 August 2023. The Summit will be hosted at the Sandton Convention Centre (SCC) in Johannesburg, Gauteng.
>BRICS Leaders will engage with business during the BRICS Business Forum and engage with the New Development Bank, BRICS Business Council and other mechanisms during the Summit.

Putin's going
https://www.france24.com/en/africa/20230709-brics-summit-will-be-held-in-person-despite-putin-arrest-warrant-says-south-african-president

>> No.55547445

>>55547419
Fake news. Big nothing burger. Continue feeling sleepy.

>> No.55547468
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>>55547365
none of us own enough SILVER

>> No.55547487
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>>55547365

>> No.55547492
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WAGMI

>> No.55547494

>>55547365
Is this why Biden ordered mobilization of reserves today?
https://www.whitehouse.gov/briefing-room/presidential-actions/2023/07/13/ordering-the-selected-reserve-and-certain-members-of-the-individual-ready-reserve-of-the-armed-forces-to-active-duty/
Its gonna be Ghaddafi 2.0

>> No.55547498

>>55547492
I hope you can look back on this image in 20 years and laugh. Be sure to save it

>> No.55547508

Is 2k of silver a better investment than 1oz of gold?

>> No.55547666

>>55547365
It's not going to be gold, but bitcoin

>> No.55547860

>>55547365
Yea and the russian ruble-gold peg is just about to happen too, right?
I'm really tired of this one-trick-pony...

>> No.55548724

>>55547666
They are ready to have WW3 in order to avoid the gold from pumping and you are saying that buttcoin will be the world reserve currency? Are yall maxipad trannies that mentally ill and out of touch with reality?

>> No.55548729

>>55547508
No silver takes more storage space and is prone to tarnish when exposed to air, silver is also not a monetary metal like gold.

>> No.55548746

the west...
has fallen
*angry chud noises*

>> No.55548778

>>55547492
How will BRICS buying gold boost the silver price?

>> No.55549967

>>55548729
cool talking points, schlomo
still gonna buy silver

>> No.55550148

>>55547445
>>55547487
>>55547860
>>55547494
Fear.

>> No.55550322

>>55547365
gold top signal
try cashing in your silver right now, just as a reality check, I dare you to see what happens

>> No.55550374

>>55547365
Is this bullish for gold then?

>> No.55550400

>>55550322
CBA

>> No.55550410

>>55547365
how do I profit?

>> No.55550513

>>55550322
people offer me well above spot for my silver

>> No.55550534

South Africa is literally a failed state

>> No.55551965
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>>55547365

Your participation needed:

Global Hyperinflation General. /GHG/ >>>/pol/434464027

>> No.55552467

would be nice if this was actually it and metals moon from here on but if there's anything I've learned from buying metals its to expect nothing

>> No.55553577

>>55547365
Sounds bullish. The US would not want to be left out of this so they will want a counterattack, or try to pass some good regulations.
I see CrypMi as one of the most crypto-friendly nations and Binance said they might move there due to strict regulations in the US and I they also licensed CryptMi recently.