Speculation rose in late 2024 after a photo showed Russian President Vladimir Putin holding a ‘BRICS banknote,’ sparking rumors of a new currency. Kiyosaki advised moving to cryptocurrencies and precious metals as chatter increased regarding alternative financial systems. Despite Kiyosaki’s claims, no gold-backed currency has been officially launched by BRICS members. The discussions mainly revolve around developing a gold-linked payment mechanism named the UNIT to diversify trade outside the US dollar system. Key obstacles like liquidity and inter-country coordination remain to be addressed.
Robert Kiyosaki Issues Warning as BRICS Nations Consider ‘Gold-Backed’ Currency
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