BRICS expansion is a step closer to WW3: We’re moving into very dangerous phase – Willem Middelkoop

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Willem Middelkoop, Founder and CIO of the Commodity Discovery Fund, who says the BRICS expansion is the next step in an economic war against the West and takes us a step closer to World War III. Middelkoop discusses the BRICS’ decision to extend formal invitations to six new members and the consequences for the U.S. and the dollar. He also raises the topic of an upcoming reset and the new monetary system centered around gold and commodities. Watch Michelle Makori’s previous interview with Middelkoop here: 𝗠𝗘𝗟𝗗 Meld is a Decentralized Global Bank providing Cross-chain Lending, Borrowing and Staking. Get early access to the Meld App & receive a guaranteed airdrop of $MELD! Sign up here 👉 Follow Michelle Makori on X (formerly Twitter): @MichelleMakori () Follow Kitco News on X (formerly Twitter): @KitcoNewsNOW () Follow Willem Middelkoop on X (formerly Twitter): @wmiddelkoop () 00:00 - Intro: BRICS expansion 03:50 - Saudi Arabia and the petrodollar 08:52 - BRICS expansion, oil and the U.S. dollar 14:40 - Common agenda 18:33 - Bretton Woods III, BRICS common currency, trading in local currencies 33:25 - China is taking the leadership role 37:01 - Outlook on the war in Ukraine, Russia 41:01 - U.S. reaction 43:00 - WW3 49:27 - ‘The Big Reset’ and the role of gold 56:57 - Gold price outlook 1:01:46 - Current portfolio allocation Bitcoin 1:05:09 - Silver __________________________________________________________________ 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. Kitco News, its anchors, and reporters are in no way responsible for the performance and actions of sponsors, advertisers, and affiliates.