Brazil, Russia, India, China, and South Africa, or the BRICS economic bloc, have been working on issuing cross-national digital money in order to reduce the dependence of their economies on the United States and the petrodollar hegemony. While it is still unknown what the BRICS cryptocurrency will look like exactly, experts are discussing what it could potentially be tied to.
Chinese authorities are interested not only in the development of a unified cryptocurrency for settlements with BRICS countries but also in the launch of a national cryptocurrency that would serve as a shield against the economic adversary across the Pacific.
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Silver to $35 Per Ounce Easily: The Technicals Are Irrefutable
No matter which angle you’re looking at it from – economics, chart technicals, or a combination of both – the bull case for silver is as powerful as ever. $35 will prove to be a key level, and after the bulls break through that, the $50 resistance point from 2011 will be next in line.