BRICS Alliance Accumulates Gold Reserves to Challenge the US Dollar as Top Analyst Predicts Gold's Potential to Replace the Dollar =============== #7a21bb5d ver:0.45 The BRICS alliance is accumulating gold reserves to challenge the US dollar as the global reserve currency. The alliance aims to promote the use of local currencies for cross-border transactions before launching their own currency backed by gold. Experts predict that gold could replace the dollar, especially for developing countries. The US economy is already facing a crash, with increasing debt and inflation. The de-dollarization efforts of the BRICS alliance, along with concerns about the US economy, are putting pressure on the dollar's dominance. However, some experts believe that the dollar will remain the leading global reserve currency due to its robust systems and liquidity. The US is "sleepwalking" into a recession, and the future of the dollar hangs in the balance. Inflation in the US is rising, and the BRICS alliance is considering cutting ties with the dollar, which could lead to hyperinflation. The US debt crisis and increasing inflationary pressures are fueling concerns about the future of the dollar. The CEO of Russia's second-largest bank warns of a serious economic crisis in the US due to the astronomical levels of debt. JPMorgan CEO Jamie Dimon predicts an unavoidable crisis for the dollar due to BRICS de-dollarization efforts and excessive government spending. The viability of the dollar as a reserve asset is in question as global concern grows. The US dollar could face a loss of confidence among international investors and a devaluation. The predicted crisis could have profound repercussions on the global economy.... #newstr #Brics #Gold #UsDollar #Currency #Reserves #Debt #Etfs #EconomicCrash https://here.news/story/7a21bb5d?ver=0.45