Is America About to Run Into a BRIC Wall?

Hello, Tom Luongo here.

For the past few years as the editor of the Ultimate Wealth Report, I’ve been sounding the alarm on a massive problem that President Joe Biden has ignored.

Has he done so willfully? Probably.

But even giving him the benefit of the doubt, there’s no question that he and his administration have totally dropped the ball . . . and left us as Americans in an extremely dangerous position, looking at a future where the value of the dollars in our pockets evaporates before our very eyes.

Consider the latest issue of my newsletter, where I told my readers about a meeting taking place just weeks ago in October — one that shows our enemies (and allies) are preparing for a world where the dollar is pushed aside as the all-important “global reserve currency.”

You see, the BRICS alliance held its annual summit in Kazan, Russia. And members moved ahead with something revolutionary: they unveiled the “unit” — a brand-new trade settlement currency that will be weighted 40% in gold and 60% in members’ currencies.

Why should we worry? Well, the BRICS — which includes Brazil, Russia, India, China, and South Africa — control more than 40% of global GDP, as well as the lion’s share of the world’s natural resources.

And each and every one of them are fed up with the U.S. (and Europe) asserting their political will on everyone else by turning the dollar from the financial instrument it is meant to be into a deadly, coercive weapon of economic destruction.

What happens in this new era where other major nations can simply bypass our dollar for their own trading alternatives?

As you might imagine, the repercussions could come swiftly and severely . . . and catch everyday mom-and-pop investors totally off guard, completely unprepared for the seismic shift that’s coming.

Want to know more? I can’t wait to share it with you — just CLICK HERE for more.

Sincerely,

Tom Luongo