Russia confirms BRICS will create a gold-backed currency | Kitco News
“While the prospect of a gold-backed BRICS currency will provide significant support to gold, some analysts expect that it will take time before the impact is felt in the market.”
I’m not sure why it would take long before the impact is felt in the market. Only because the banksters are stuffing it. I would think that it would start having an impact now in anticipation of the move.