When the BRICS countries officially announce their currency in August how should we expect the dollar value of gold and silver to move and why? My understanding is that the currency is going to be pegged to gold. Common sense says it will be the taking off point for precious metals. My gut says the market is going to be consequentially manipulated until one of the BRICS members demands serious price investigations. Myquestion is would it be a good idea to short paper silver?
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