Majestic Gold Corp. V.MJS

RE:BRICS Declares De Dollarization is Inevitable

[nozzpack]

 

All of the BRICS have been loading up on Gold for many years.

Here is why.....US interest on its national debt this year will be close to $1 trillion.
More printing is inevitable ...
 

Please note how just paying interest on the dollars they've already borrowed is already the fourth largest item in the budget. And here's an interesting article about that

https://www.pgpf.org/analysis/2023/07/higher-interest-rates-will-raise-interest-costs-on-the-national-debt

Please take note of the sentence in that article where they declare the following:

In June, the Congressional Budget Office (CBO) projected that annual net interest costs would total $663 billion in 2023

That "net interest" is ALREADY 663 Billion, and its only August.