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BRICS Just Fired Another Shot at the Dollar—India’s Gold Auction Move Signals Bigger Shift

EDITOR'S NOTES

India’s central bank is quietly making bold moves that point to one thing: the BRICS nations are accelerating their break from the U.S. dollar. A massive gold auction from the Central Bank of India has coincided with the Reserve Bank of India stacking over 72 tons of gold in 2024 alone. These actions are more than just financial housekeeping—they’re part of a global strategy to move away from the dollar and toward a multipolar, gold-backed system. In this article, Frank Balm breaks it all down—what it means for you, for the future of your savings, and why now is the time to move into gold and silver.

Let’s not sugarcoat this, folks—what just happened in India isn’t some isolated, bureaucratic event. This is part of a global, coordinated plan by the BRICS nations to chip away at the U.S. dollar’s dominance—and gold is at the center of it.

Here’s what’s going on.

India’s Quiet Gold Power Play

Last week, the Central Bank of India triggered a major gold auction move. Now, if you don’t follow gold markets closely, you might think, “So what? A bank selling some pledged jewelry?” But this wasn’t just about defaulted loans. This happened right alongside a sharp uptick in India’s national gold reserves. That’s no coincidence—that’s strategy.

The Reserve Bank of India (RBI), India’s central monetary authority, bought 72.6 tons of gold in 2024 alone, bringing their reserves to 876 tons by the end of that year. And they’ve continued buying in 2025.

Why does that matter? Because gold is real money. It’s not a promise printed on paper by a debt-ridden government. It’s not something the Federal Reserve can conjure out of thin air. Gold holds value across borders, wars, collapses, and centuries. And central banks—those with the most insight into what’s really going on behind closed doors—are loading up.

The BRICS Blueprint: Replace the Dollar with Gold

This isn’t just about India. This is part of the BRICS long game—an effort to build an alternative financial system, backed by real assets like gold, not U.S. Treasuries.

Let’s break this down:

  • Russia started it all when Western sanctions cut them off from the dollar-based SWIFT system. They turned to gold and ruble-based trade to survive.
  • China has been stacking gold like it’s going out of style—10 straight months of official purchases, now over 2,300 tons, and that’s just what they’re admitting.
  • Kazakhstan, Turkey, Poland, even El Salvador—they’re all in on this move.

And now India is deepening its gold strategy—not just through reserve building, but by creating a more fluid domestic gold market, using these auctions to move metal and mobilize supply.

This is no longer speculation. It’s happening.

What Central Banks Know (That You Should Too)

Let me say this clearly: central banks don’t buy gold for decoration. They buy it because they see danger ahead. They see the inflation monster isn’t tamed. They see debt spiraling. They see CBDCs (Central Bank Digital Currencies) being prepped to trap ordinary citizens in a surveillance-based monetary system. And they see the dollar losing trust globally.

Think about it this way—if fiat currency is like a car, gold is like a spare tire. When the system blows out, you better hope you’ve got one.

And right now? The U.S. financial tire is wobbling.

Just this past August, central banks around the world added a net 15 tons of gold to their reserves. That came after a pause in July, which some mistook as the end of the trend. Nope. That was just a breather. The buying resumed because the fundamentals haven’t changed.

Poland’s Big Bet: From 20% to 30% Gold Reserves

Poland’s central bank isn’t messing around either—they boosted their gold target from 20% to 30% of reserves. That’s a major signal. They’re not waiting for some official BRICS gold standard to be announced. They’re acting now, because they know that when the shift becomes official, it’ll be too late to buy in cheap.

This is what I keep telling people: when central banks buy gold, they’re voting with their feet. They’re not waiting for permission from Washington or Brussels. They’re preparing for a new world, one where fiat currencies tied to massive government debt loads just aren’t cutting it anymore.

What It Means for You

If you’re still holding most of your wealth in dollars or in bank accounts tied to fiat currency—you’re the last one at the poker table who doesn’t know the game is rigged.

Look, I grew up in a working-class family. We didn’t have trust funds or fancy portfolios. But we understood one thing: you protect what you earn.

Right now, the big boys—central banks, sovereign wealth funds, even some pension managers—are protecting their wealth with physical gold.

They’re not gambling on crypto fads or chasing stock market highs. They’re going back to the oldest form of money the world has ever known.

Why? Because they see the writing on the wall. They know dedollarization is real. They know that when the system resets—and it will—those holding paper will be left holding the bag.

But those holding gold and silver? They’ll have options.

Don’t Be Left Behind

If you’re reading this and thinking, “I should probably do something,” you’re already ahead of 90% of people. But thinking isn’t enough.

Take action.

Download Bill Brocius' powerful free guide, “Seven Steps to Protect Yourself from Bank Failure”, and learn how to move your savings into real assets like gold and silver before it’s too late.
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Stay sharp, stay sovereign,
—Frank Balm