BRICS upcoming summit: Don’t underestimate this threat to the U.S. dollar - Simon Hunt (Pt 1/2)

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News interviews Simon Hunt, Founder of Simon Hunt Strategic Services, who says the BRICS countries are on a “deliberate” path to develop a new mechanism that will work against the U.S. dollar. Hunt warns not to underestimate the threat posed by the BRICS group and its expansion. Hunt discusses why he expects the new BRICS currency to be backed by gold and weighs in on other key geopolitical consequences. 🔥𝗣𝗿𝗶𝗺𝗲 𝗫𝗕𝗧 - Sign Up for a new Trading Account on Prime XBT! 👉 - Receive a deposit bonus of up to $7,000 with promo code: BONUS7K Follow Michelle Makori on Twitter: @MichelleMakori () Follow Kitco News on Twitter: @KitcoNewsNOW () Follow Simon Hunt on Twitter: @SimonHu49583526 () 0:00 - BRICS’ new currency 7:50 - BRICS’ new currency backed by gold? 12:18 - Expansion of BRICS group 16:35 - Pricing of oil 19:43 - Geopolitical consequences #BRICS #gold #geopolitics #economy #currency #SimonHunt __________________________________________________________________ Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news. SUBSCRIBE to our channel to stay up to date on the latest market and industry news. For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at To get market updates on the go, download the Kitco Gold Live! APP - Stay connected: Twitter - Instagram - Facebook - LinkedIn - StockTwits - Live gold price and chart: Live silver price and chart: Live crypto market data: Learn more about Kitco News: For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.