Golden BRICS Rising: India’s First Official Gold Acquisition Since 2009 | WHAT REALLY HAPPENED


Golden BRICS Rising: India’s First Official Gold Acquisition Since 2009

While the volume of gold added to the international reserves at the Royal Bank of India (RBI) is not a huge amount, a mere 8.46 tons, the significance, and timing, can not be overlooked.

With the geopolitical landscape, basically, sitting on shifting sands, with trade wars, shooting wars and economic sanctions flying around like another flight leaving O’Hare International Airport it seems that India is making a “good faith” showing to her allies in the BRICS alliance by adding a small amount of gold to their official international reserves. We don’t know that this is the reason for the gold addition but let’s take a look at some of the puzzle pieces.

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