Global Power Shift: The Threat of Gold-Backed Currencies and the UN's Digital ID Plan

The Sean Morgan Report

Sean Morgan

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2.8 • 690 Ratings

🗓️ 7 July 2023

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Are we on the brink of a global currency shift? Sit tight for an eye-opening discussion with Dr. Kirk Elliot, as we uncover the looming threat to the West from the BRICS nations' announced plan to back their currency with gold. This episode offers a deep dive into the record-breaking gold holdings of central banks and the potential upending of the US dollar as the world's leading reserve currency. We scrutinize the location of the upcoming BRICS meeting in South Africa, the world's largest go...

Transcript

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0:00.0	Welcome to the economic update with the resident economist, Dr. Kirk Elliott.
0:03.8	My name is Sean Morgan.
0:04.7	I'm the host of the Sean Morgan Report over at Amp News.
0:07.8	So, Kirk, some big news that you made an announcement on July 4th with your weekly update that you put out there,
0:15.5	that the Russian embassy put out a statement that the BRICS currency is going to be gold-backed.
0:20.6	I mean, this is just a
0:21.4	bombshell. Well, it's huge. So, you know, Sean, you and I have talked for literally almost a year
0:29.2	about central bank digital currencies. The BRICS nations rising up, eliminating the petrol dollar,
0:35.4	you know, country after country after country leaving. And it's been speculatedro dollar, you know, country after country after country leaving.
0:44.5	And it's been speculated. And, you know, more than speculated, we've reported on, their currency is going to be gold back. Well, why would we say that, right? Why would we make such an
0:49.5	assertation? Well, because when you look at the central bank holdings of gold Russia has over 1,600 tons of gold.
0:58.5	China has 1,000 tons of gold. Turkey over 400 tons, Kazakhstan, Uzbekistan, India, all over 200 tons.
1:05.8	It's like, here's where we've talked in the past. It's like, don't listen to what they say.
1:10.7	Watch what they do, right? Because they'll poo, poo, pool, gold, and silver and in the past, it's like, don't listen to what they say. Watch what they do, right?
1:12.2	Because they'll poo-poo gold and silver and say, oh, it's an ancient relic.
1:15.7	Why would you want that?
1:16.4	We got central bank digital currency.
1:18.3	It's going to make 365, 24-7 immediate transactions of money.
1:23.1	You don't have to wait for wires.
1:24.2	It's going to be amazing. But yet at the same time, they're saying that
1:29.5	of pushing their own central bank digital currency, but they're backing up their currency de factoized
1:34.8	with gold. Right. And so, so here's where now, as of the week, over the weekend, the Russian embassy
	...

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