POINTS OF FAILURE

Russia Announces Return to the Gold Standard - Birch

Russia, other BRICS nations planning new gold-backed

Russia Confirms BRICS is Creating a Currency Backed

What Happened

The physical gold holdings would be recorded as assets on the balance sheet of the BRICS Bank and could be denominated as “BRICS gold,” with each unit representing

What Happened: Brazil, Russia, India, China and South Africa, a coalition of nations going by the moniker BRICS, is set to introduce a new currency backed by gold

Russia Confirms BRICS Will Create A Gold-Backed Currency

Putin Confirms BRICS Developing Independent

BRICS Gold-Backed Common Currency A Shock To Global Fiat