Sean Morgan. I'm the host of the Sean Morgan Report on AMP News. I'm here with Dr. Kirk

Elliot and Kirk. I've been looking at the latest breaking news. I'm seeing a few things here and there.

You know, the Putin summit in Africa, they're actually literally announcing they're trying to weaken the U.S. dollar.

You didn't hear that rhetoric a couple of years ago, but that's what you're hearing now. What's on your mind?

What do you see looking ahead? Well, you've got that. You've got the things that we've talked

about in previous shows here about August 22nd, the BRICS Nations meeting, you know, to basically probably back their currency with gold.

Now, is it going to be like a dollar for dollar?

I don't think so, right?

But the latest speculation is it's probably going to be pegged at about eight grams of gold

per brick unit, which puts it right in line with what the Russian

ruble did, right, at five grams per ruble. So, so people say, well, Kirk, that's not very

much. It's like, hmm, or is it? It's better than nothing. Well, A, it's better than nothing,

but B, if they're going to back the currency of the BRICS nations

with eight grams per monetary unit for 73% of the world's population as part of the

BRICS nations, like, oh, my word, that's a lot of gold, right?

I don't care how many.

Do that equals their known reserves, or do you think they might have more hidden?

I don't.

So to me, it doesn't even matter if it's their reserves or not, because the peg is the peg, right?

And always in any economy, you grow the currency base to grow the economy, right? So if it is a limited number, what does that

mean for the price of gold? It just has to go up and up and up and up, right? So, but silver,

silver is outperforming that, which is why we've been allocating

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