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BRICS Nations Developing Alternative Gold & Silver Markets!

Bearded man and BRICS member flags beneath text reading 'BRICS Nations Developing Alternative Gold and Silver Markets'

BRICS nations are building alternative gold and silver markets designed to challenge the long-dominant Western duopoly of Comex and the LBMA.

Across two back-to-back presentations, Rob Kientz walks through the new Hong Kong gold gateway, Singapore’s physically-settled exchanges, Russia’s expanding Moscow Exchange and the BRICS gold-backed settlement network known as “the Unit”.

Rob then turns to silver, arguing its recent sell-off is a mid-cycle lull rather than the end of the run.

He points to China’s grip on refining, its shift to net importer, and silver’s critical-mineral status - and what the West-to-East shift could mean for anyone holding gold and silver.

Disclosure

The SilverTrade Insider publishes market news and interviews with named analysts. Opinions expressed by contributors and interviewees are their own, and they may hold positions in the metals, miners or securities they discuss. Nothing here is investment advice.

SilverTrade is affiliated with SD Bullion, a precious-metals retailer, and SD Depository, a precious-metals storage company. Some contributors hold roles at affiliated companies. See our Editorial Policy.

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