As the US and its E.U. partners continue to levy punitive sanctions on Russia, the BRICS are responding with new financial initiatives to help their members break-out of the US and European financial trading monopoly. Currently, both China and Russia are surging ahead as the world’s top Central Bank buyers of gold, further consolidating their position to be able to weather a global dollar crisis which many expert believe is inevitable. When exactly that happens is still anyone’s guess.
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