China Converts USD, UST, EURO into BRIC Member Development
The converson of USD, UST, and Euros to tangible assets within BRICS+ is driving the price of gold up. USD and Euros are funding BRICs competetiveness against the United States and Europe. China is putting those hard earned trade surplus funds to work to increase its global competetivness.
Surplus USD, UST, and Euros are funding BRIC+ development:
https://www.youtube.com/watch?v=nGko26GHGf8
BRIC + continue to grow with the addition of Indomesia as a member on 7 January 2025 and 9 other country partners Brazil announced on the day of Donald Trump's swearing in as President of the United States on 20 January 2025.
https://www.internationalaffairs.org.au/australianoutlook/indonesias-membership-in-brics-strengthening-emerging-economies-and-elevating-the-global-south/
https://www.brasildefato.com.br/2025/01/20/brazil-announces-cuba-bolivia-and-seven-other-countries-as-new-members-of-brics