Dr. Phil

Look, I think officially it's another working session between bureaucrats talking about economic cooperation. Unofficially, though, the BRICS leadership are expected to announce major advancements, essentially in a shadow financial system, a 21st century alternative to the existing dollar-denominated system.

Look, I think officially it's another working session between bureaucrats talking about economic cooperation. Unofficially, though, the BRICS leadership are expected to announce major advancements, essentially in a shadow financial system, a 21st century alternative to the existing dollar-denominated system.

Inside sources are hinting now at a coordinated push to link the various systems that they've created over the last decade, things like Enbridge and Brixpay and commodity settled trade with the goal of making dollar free international transactions possible at scale. Ultimately, I think it's a culmination of their ongoing project to reduce the dollar's monopoly as global reserve currency.

Inside sources are hinting now at a coordinated push to link the various systems that they've created over the last decade, things like Enbridge and Brixpay and commodity settled trade with the goal of making dollar free international transactions possible at scale. Ultimately, I think it's a culmination of their ongoing project to reduce the dollar's monopoly as global reserve currency.

Inside sources are hinting now at a coordinated push to link the various systems that they've created over the last decade, things like Enbridge and Brixpay and commodity settled trade with the goal of making dollar free international transactions possible at scale. Ultimately, I think it's a culmination of their ongoing project to reduce the dollar's monopoly as global reserve currency.

It's exactly correct. And we're seeing it. So US dollar holdings by central banks are at 30-year lows. Gold buying by central banks have hit records year on year on year for the last three years. And actually, last year, officially, gold overtook the euro as the number two global reserve asset. And it's for the exact reason that you mentioned, right?

It's exactly correct. And we're seeing it. So US dollar holdings by central banks are at 30-year lows. Gold buying by central banks have hit records year on year on year for the last three years. And actually, last year, officially, gold overtook the euro as the number two global reserve asset. And it's for the exact reason that you mentioned, right?

It's exactly correct. And we're seeing it. So US dollar holdings by central banks are at 30-year lows. Gold buying by central banks have hit records year on year on year for the last three years. And actually, last year, officially, gold overtook the euro as the number two global reserve asset. And it's for the exact reason that you mentioned, right?

Russia, China, countries like this, they want to de-dollarize. They want to take that non-kinetic weapon away from us, but they don't have a viable alternative. So they're using gold as a means to de-dollarize. The longer that happens, the more that gathers steam. Ultimately, the weaker the dollar becomes. So it's becoming problematic for sure.

Russia, China, countries like this, they want to de-dollarize. They want to take that non-kinetic weapon away from us, but they don't have a viable alternative. So they're using gold as a means to de-dollarize. The longer that happens, the more that gathers steam. Ultimately, the weaker the dollar becomes. So it's becoming problematic for sure.

Russia, China, countries like this, they want to de-dollarize. They want to take that non-kinetic weapon away from us, but they don't have a viable alternative. So they're using gold as a means to de-dollarize. The longer that happens, the more that gathers steam. Ultimately, the weaker the dollar becomes. So it's becoming problematic for sure.

Thank you.

Thank you.

Thank you.

Why?

Why?

Why?

Do you regret what you did?

Do you regret what you did?

Do you regret what you did?