Gold should be $2,100.00 soon as the American $ crumblingBeijing and Brazil have signed an agreement on trade in mutual currencies, abandoning the US dollar as an intermediary, and are also planning to expand cooperation on food and minerals. The agreement will enable the two BRICS members to conduct their massive trade and financial transactions directly, exchanging RMB Yuan for Brazilian Real and vice versa, instead of using the US dollar for settlements.
Belmont should benefit from this as it holds several good Gold hold properties.