BRICS may become BICS. Russia proposes return to USD system

And just like that, BRICS is over 🙌 https://t.co/Q78elGhviR — Peter St Onge, Ph.D. (@profstonge) February 12, 2026 Just like that… BRICS is dead.#BREAKING — The Kremlin drafted an internal document proposing a wide-ranging economic partnership with the Trump administration that would see Russia RETURN to using the US dollar for international transactions. The high-level …

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BRICS gold pact expands to 33 countries under Russian leadership.

The BRICS gold pact now spans 33 nations as Russia leads efforts to establish a precious metals exchange. This would enable member countries to trade gold, platinum, and rare earth minerals outside Western-controlled platforms. The system includes eleven full participants with twenty-two additional countries in application stages, building infrastructure that facilitates dollar-free commerce backed by …

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BRICS nations dump U.S. debt and grab gold and the move feels like a direct challenge to the American empire’s final chapter

via theburningplatform “China has been understating its gold reserves by possibly a factor of 10. I believe this is the biggest story in world finance. The West is either asleep at the wheel or ignoring it.” – Dominic Frisby The Financial Times reported that China is under-reporting their gold reserves, subversively hiding the fact they have accumulated …

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BRICS accelerates US dollar selling, Chinese firms offload $51.8 billion; US launches probe into China’s Phase One trade deal implementation

Got #gold and #silver???$ag $fsm $kgc $btg $nxgcf $bcekf $armn $nfgc $sbsw $lbcmf $nexm $ogmnx 🚀🚀🚀🚀 pic.twitter.com/GqsK9DMR8F — 🪙 Gold Finger 🪙 Precious Metals Guru (@NFL_FantasyNews) October 23, 2025 [BEIJING] Chinese banks helped clients offload overseas currencies at the fastest pace since 2020 last month, as optimism towards further yuan appreciation grew. Lenders sold a …

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Gold rush against America: BRICS load vaults with record bullion, silver surges, dollar’s global grip faces biggest threat since 1944

Gold Hits New Record High As China Moves To De-Westernize Global Bullion Market https://t.co/m4wGHLAMlX — zerohedge (@zerohedge) September 23, 2025 The Gold rally has accelerated since August and delivered a +12% return over the past month – 98th percentile for monthly returns since 1980 – supported by rising futures positioning and ETF inflows, as well …

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Cornell Prof Who Called 2008 Sounds Alarm: 200% Overvalued Markets, Credit Risks & BRICS Threat!

“When we have the next crisis, the word ‘private’ is going to be in every headline,” says Cornell Professor Dave Collum. In this interview with Daniela Cambone, Collum warns that the biggest risks in the next financial crisis won’t come from the public markets—stocks, Treasuries, and the like—but from the shadowy private markets: private credit, …

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Trump is turning a regional conflict into a Nato vs Brics world war

Trump Unveils Multiple Policies to Stop India from Taking U.S. Tech Jobs and Suppressing Wages India has been taking U.S. tech jobs through job relocation, telework, and special visas that bring Indian workers to the United States. This shift has driven Americans out of the tech industry, reduced job availability, depressed wages, and drained U.S. …

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Deadline Day Is Here And The BRICS Countries Are Not Cooperating – So How Will The “Wall Of Tariffs” Impact The U.S. Economy?

by Michael It was nice while it lasted.  Nations all over the globe had until August 1st to agree to a trade deal with the Trump administration.  Some of them made deals, but most of them did not.  Those that did not will now be hit by a “wall of tariffs”, with individual rates being …

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Powell weaponizes monetary policy to hold global grip, tariffs give Fed cover to delay rate cuts, BRICS nations caught in dollar’s tightening vise…

What’s happening now fits squarely within my thesis that Powell is using monetary policy not just to manage inflation, but as a geopolitical weapon of delay, designed to trap adversaries and force the world to bend to U.S. dollar hegemony. The recent stalling of a September rate cut isn’t just about economic data; it’s about …

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Trump Warns, BRICS Responds – “There’s No Going Back”

Trump threatened tariffs. BRICS leaders fired back. Brazil’s president says there’s “no going back” on de-dollarization. Here’s why the summit’s quiet strategy just got louder, and what that means for the future of the dollar… By Peter Reagan For months, I expected the Rio Reset to unfold quietly: a slow, strategic rollout of an alternative …

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BRICS issue a statement about “fake news” about new china virus, say Don’t panic, it’s just the flu as America heads to lockdowns

China Calls HMPV Outbreak 'Winter Occurrence', India Says 'Don't Panic'https://t.co/7uFWLGo0wg pic.twitter.com/5CK99bc8Hb — NDTV WORLD (@NDTVWORLD) January 4, 2025 Raise your hand if you couldn't care less about this new Bird Flu "pandemic" and will never comply with mask mandates, put up with a forced at-home quarantine for another 2 years, or take their vaccine. — …

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Saudi Arabia and Turkey refuse invitation to joins BRICS — 9 other nations added instead.

Russia, in the final days of its BRICS chairmanship, has succeeded in recruiting nine new partner countries for the geopolitical bloc but has failed to secure deals with key targets such as Saudi Arabia and Turkey. Despite months of effort from Russian leaders, the Saudi and Turkish governments are both still stalling their decisions on …

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BRICS currency issue: There are many obstacles to forming a common currency to rival the dollar.

China’s currency is not freely convertible, no common monetary authority, no large and liquid bond market and lack of legal agreements, US Dollar reserves are still nearly 60% of total with euro the next closest. More than 80% of global transactions take place in dollars due to the large, liquid US treasury market. BRICS currency …

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BRICS reveals symbolic banknote at Kazan, advocating local currencies over dollar reliance.

BRICS Unveils Symbolic Banknote, Pushes for Local Currency Trade Amid Dollar Debate At the BRICS summit in Kazan, a symbolic banknote featuring the flags of member nations was unveiled, sparking discussions on creating alternatives to the US dollar and fostering a more independent economic system. At the BRICS summit in Kazan, Russia, a symbolic BRICS …

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Russia will create new BRICS Precious Metals Exchange to become ‘key regulator of prices’ – Finance Ministry

Russia has proposed that BRICS member countries create their own precious metals exchange in a move that could upend the long-established international pricing mechanisms for gold, silver, platinum, and other precious metals. The news comes on the heels of Wednesday’s declaration adopted by the leaders of the BRICS countries supporting an increase in the exchange …

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Russia’s President Putin holding a mock-up BRICS currency note as a symbol of “ditching the US dollar”

JUST IN: 🇷🇺 Russia's President Putin holding a mock-up BRICS currency note as a symbol of "ditching the US dollar" pic.twitter.com/3fx0wOpjpc — Radar 𝘸​ Archie🚨 (@RadarHits) October 24, 2024 BRICS officially adds 13 new countries to the alliance as partner countries (not full members): 🇩🇿 Algeria 🇧🇾 Belarus 🇧🇴 Bolivia 🇨🇺 Cuba 🇮🇩 Indonesia 🇰🇿 …

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The 16th BRICS summit begins in Russia, with leaders from 33 countries participating.

The 16th BRICS summit kicks off in Russia: 33 countries are expected to participate “The largest foreign policy event ever held in Russia," – Kremlin "Representatives of 33 countries have confirmed their participation, 24 of them will be represented by their first persons, 9 -… pic.twitter.com/MnQ7zqlew3 — Jack Straw (@JackStr42679640) October 22, 2024 36 Nations …

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BRICS currency not on the cards yet, says Putin

Russian President Vladimir Putin has said the time has not come yet for a common BRICS currency but added that the ten-nation bloc is exploring the use of digital currencies in mutual trade and investments for which his country is working with India and other nations. Advocating a cautious approach in creating a new reserve …

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China’s Secret Gold Buying, U.S. Gold Reserve Transparency, and the Future of BRICS in the Global Gold Market

by Moneymetals In a recent Money Metals podcast, host Mike Maharrey sat down with Jan Nieuwenhuijs, a recognized expert in global gold markets, to discuss his journey into the field and the dynamics of international gold trends, particularly in China. Here’s a summary of their conversation, which covers Nieuwenhuijs’ unique career path and his expert …

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BRICS Pay card demo hints at broader ambitions; Kazan summit to discuss reducing dollar reliance.

The BRICS Pay card demo was recently showcased at the BRICS working groups meeting at the World Trade Center in Moscow, marking a significant step towards creating an alternative payment system. The card, pre-loaded with 500 rubles, is already functional for purchases at select locations within the center. This demo hints at the broader ambitions …

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Russia urges BRICS to create IMF alternative

Russia, currently holding the chairmanship of the BRICS group, has proposed the creation of an alternative to the International Monetary Fund (IMF). This move is aimed at countering political pressure from Western nations and establishing a financial system that better serves the interests of BRICS countries. The BRICS group, initially composed of Brazil, Russia, India, …

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