BRICS Are Buying Up the World’s Gold as the Dollar Drops

Frank Balm Nov 20, 25

BRICS Is Quietly Waging an Economic War

Let’s call this what it is: a quiet economic war.

You don’t stockpile 6,000 tonnes of gold unless you’re getting ready to break away from the system. And that’s exactly what BRICS is doing. Russia, China, India – they’ve all been aggressively dumping dollars and gobbling up physical gold like there’s no tomorrow. And here’s the kicker: 74% of those BRICS gold reserves are controlled by just Russia and China.

Gold Up, Dollar Down – What It Really Means

If you’re sitting there wondering, “What’s the big deal, Frank?” let me spell it out in plain English:
Gold up, dollar down = your savings get torched.

When JP Morgan – yes, that JP Morgan – starts forecasting $6,000 gold by 2028, you better believe something’s up. They’re not in the business of making wild guesses. They’re watching what central banks are doing:

Buying gold at record levels
Dumping Treasuries
Quietly preparing for a post-dollar financial system

Central Banks Are Loading Up Like There’s No Tomorrow

The World Gold Council confirms it: central banks have been buying over 1,000 tonnes of gold annually from 2022 to 2024. That’s the longest streak we’ve ever seen. This isn’t just portfolio rebalancing – it’s an exit strategy.

A recent survey showed:

73% of central bankers expect the dollar's global dominance to drop
43% plan to increase their gold reserves in the near future

This is the financial world’s version of heading for the exits – and doing it quietly, so the rest of us don’t panic.

"It’s Not That Gold Is Worth More – It’s That the Dollar Is Worth Less"

That quote comes from Professor Adrian Saville, and it hits the nail on the head. We’re not seeing gold skyrocket because gold is suddenly magic.
We’re seeing the dollar crumble.

The Fed has flooded the world with cheap dollars. Now, nations are looking for something real – something that can’t be printed, hacked, or inflated away.

And gold? It’s been real money for 5,000 years.

JP Morgan’s Forecast: $6,000 Gold – And They're Not Alone

Even the big boys at JP Morgan can’t ignore what’s happening. Their head of global commodities strategy, Natasha Kaneva, says:

“Gold remains our conviction long for the year.”

Translation: They’re all-in on gold.

Their internal forecasts are calling for:

$5,055 average gold price by Q4 2026
$6,000+ by 2028

Gregory Shearer, another JP Morgan analyst, explained it simply:

“Fears of stagflation, Fed policy, and global currency hedging are bolstering gold’s potential.”

Folks, when the same institutions that helped prop up the dollar for decades are now betting against it, it’s time to pay attention.

Could BRICS Launch a Gold-Backed Currency?

This might sound like a conspiracy theory – but it’s not. It’s strategy.

A gold-backed BRICS currency has been floated before, but now they have the reserves to actually pull it off. According to Saville, if BRICS were to launch such a currency, gold would need to hit $6,500 to $7,000/oz to support it.

That’s a level we haven’t even begun to price in yet.

“It’s the size of the holdings… It’s the fact that these countries are steadily accumulating… it’s a chorus now,” Saville said.

This isn’t just about money – this is geopolitical power shifting from West to East.

The U.S. Is Distracted with FedNow While BRICS Builds Real Money

While BRICS is stockpiling gold, what’s the U.S. doing? Rolling out FedNow, playing with Central Bank Digital Currencies (CBDCs), and pumping out more fiat dollars like it’s still 2008.

FedNow might sound convenient, but don’t be fooled – it’s a surveillance system wrapped in financial clothing. It’s the opposite of what gold represents: privacy, independence, and real value.

And it’s why people like you and me need to get out of harm’s way before the system shifts.

Holding Cash Is Like Driving a Car With No Engine

Let me put this into a blue-collar analogy, because I come from a working-class family, and we like to keep things simple:

Holding dollars today is like owning a car with four flat tires and no engine.
It looks like it might get you somewhere… but it won’t.

Gold, on the other hand, is the 4x4 truck that still runs when the road disappears.

In times like this, it’s not about making a quick buck. It’s about survival. And gold is survival money.

🚨 TAKE ACTION NOW – BEFORE THE NEXT CURRENCY CRISIS HITS

The BRICS nations are preparing for a world after the dollar. That’s not fear-mongering – that’s a fact. You have a choice:

Be prepared… or be blindsided.

👉 Step 1: Download This Free eBook

Seven Steps to Protect Yourself from Bank Failure
This guide from Bill Brocius lays out exactly how to get your assets out of harm’s way, including:

How to move into real assets like gold and silver
What to do if your bank freezes your funds
Why cash is no longer king – and what replaces it

👉 Step 2: Subscribe to Dedollarize

Join the Movement
Stay ahead of the financial collapse curve. Get the latest on gold, silver, CBDCs, and how to protect what you’ve earned.

BRICS is building a new system – and they’re backing it with real money. If you’re still all-in on the U.S. dollar, you’re riding in the wrong direction.

Get prepared. Get gold.
Because the dollar’s days are numbered.

Stay sharp,
Frank Balm
Lead Gold & Silver Analyst
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