The Daily Gold, Released on 7/21/23

The purveyors of misinformation and conspiracy in the Gold market are at it again. This time they are predicting a new gold-backed currency from BRIC nations and others will be unveiled at the end of August and eventually dethrone the dollar as the global reserve currency. These types of predictions are total noise and need to be ignored. Further, those making the prediction have made similar predictions in the past that did not come to pass.

Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.

  BRICS, gold, Jordan Roy-Byrne, reserve currency, us dollar