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BRICS Countries Buying Gold - Now May Be a Good Time for You to Invest in Gold

BRICS Countries Buying Gold - Now May Be A Good Time For You To Invest In Gold

As a sign of their growing economic and geopolitical power, BRICS countries have started to challenge the dominance of the U.S. dollar by turning to gold as an alternative reserve currency. Rockefeller International chairman Ruchir Sharma warned that this could be a precursor to a much bigger global shift away from the U.S. 
dollar, calling it "central bank revolt against the dollar." He added that now gold is seen as a much safer haven than the dollar ever was, marking a huge change in how investors view these two assets.

The shift to gold has been dramatic, driven by the U.S. and its allies wielding sanctions as a weapon. Gold prices have skyrocketed 20% in a mere six months, with an unprecedented surge of demand from central banks seeking refuge from the Dollar's destruction.

This buying spree has propelled gold nearly to record levels, far exceeding projections based on real interest rates—a sign that something else is afoot besides inflation and low-rates. Emerging economies such as China, Russia, India, and Turkey are leading the charge, stockpiling gold as they look to bypass the Dollar with their own currencies and bolster reserve holdings.

For all of the above reasons, you, TOO, may want to purchase gold.  It doesn't matter how much gold you can afford to purchase. What matters is that you take the first step and set up an account using a debit or credit card, starting with only $5 if that is all that you can afford.  Take possession of your gold as soon as possible. 

This post first appeared on Iraqi Dinar US Rates News, please read the originial post: here

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BRICS Countries Buying Gold - Now May Be a Good Time for You to Invest in Gold