Renowned personal finance author Robert Kiyosaki, celebrated for his best-seller “Rich Dad Poor Dad,” has raised eyebrows by asserting that numerous nations are engaging in a secret collaboration to conjure a formidable alternative currency that could rival the supremacy of the US dollar. With a substantial following of 2.4 million on Twitter, Kiyosaki claims that the BRICS alliance is at the forefront of this covert initiative, aiming to establish a new currency with gold backing.
According to Kiyosaki, France, a longstanding US ally, and 36 other nations appear to be partnering with the BRICS economic bloc in an audacious bid to diminish the US dollar’s dominance in international trade and foreign reserves. Citing the upcoming 15th BRICS Summit in South Africa, scheduled for August 22nd to 24th, Kiyosaki cryptically refers to a date that he believes could mark a pivotal moment in this alleged plot.
The proposed currency, dubbed “bric,” would be backed by gold, with one bric equivalent to one ounce of the precious metal, valuing it at an astonishing $3,000. If the plan comes to fruition, Kiyosaki warns that this could signify a significant shift away from the US dollar’s supremacy on the global financial stage.
Reports have emerged recently, suggesting that the BRICS alliance is gearing up to unveil this new currency, presenting a formidable challenge to the US dollar’s hegemony. However, conflicting statements have emerged from within the bloc itself. Russian representatives have hinted at discussions regarding a new currency during the upcoming summit, while African Ambassador Anil Sooklal denies any such intentions, asserting that a BRICS currency has never been on the agenda.
Leslie Maasdorp, the chief financial officer of the BRICS New Development Bank, has previously disclosed the alliance’s “medium to long-term” ambitions to establish a new global currency to rival the US dollar. BRICS, comprising Brazil, Russia, India, China, and South Africa, constitutes an economically aligned group of nations seeking to strengthen their collective influence in the global financial landscape.
As the date of the BRICS Summit approaches, the financial world awaits further developments with bated breath, eager to see if this speculated plot to challenge the US dollar’s dominance will indeed materialize. Regardless of the outcome, the discussion itself underscores the ever-evolving dynamics in the realm of global currencies and the pursuit of financial sovereignty on the international stage.