The BRICS nations will likely this fall make movements towards a joint currency, possibly tied to gold, says Peter Grandich ([ Ссылка ]). Gold has surged higher this year and stayed near all-time highs. The emergence of a BRICS currencies tied to gold is one of the reasons for gold's sustained rally, he believes. Amid political and financial chaos in the U.S., it's time to build a financial ark. And he says owning hard assets like gold and silver offers the best protection.
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INTERVIEW TIMELINE:
0:00 Intro
1:52 Political chaos
10:30 BRICS currency
15:50 Gold market update
25:00 Building an ark
30:05 Peter Grandich & Co.
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