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Discussion: Saudi Arabia, BRICS and Bad News for the US Dollar?

Published: October 19th, 2022

Posted by: Tyler (384)

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Aside from the negativity of the current Biden administration, what do you think about this tweet today by Robert Kiyosaki?

Bye bye US $. Saudi Arabia officially joins BRICS. 1974 US $ became PETRO $. Day after Biden pulled out of Afghanistan Saudis began negotiations with RUSSIA CHINA. Saudi officially joins BRICS. US $ toast. Buy, Gold, Silver, Bitcoin. Biden crime family destroying America. Sad.
— therealkiyosaki (@theRealKiyosaki) October 19, 2022

Do you think we'll see an impact on the US dollar?

And, followup question, are gold, silver and Bitcoin the best hedges against the dollar here?

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