What Happened

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

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Russia Confirms BRICS is Creating a Currency Backed

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The physical gold holdings would

Russia Confirms BRICS Will Create A Gold-Backed Currency

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