It’s beginning to look a lot like BRICSmas [Altucher Confidential] August 07, 2023 [WEBSITE]( | [UNSUBSCRIBE]( It’s beginning to look a lot like BRICSmas [Hero_Image] Putin-coin! The Biblical Reckoning has arrived Genesis 47:15 [Click here to learn more]( In his 2011 book Currency Wars…
Jim Rickards issued a warning that came from the book of Genesis…
One that could spell an [economic reckoning]( of biblical proportions.
Now it looks like that prediction is starting to come true.
And you may not have long to prepare.
That’s why Jim published a major update to that warning…
To tell you exactly what he recommends you do next.
[And you can view it by clicking here.]( [Chris Campbell] CHRIS
CAMPBELL Dear Reader, Gigabrains. That's the term my nephew uses. Otherwise known as highly intelligent individuals. Luckily, we’re abundantly equipped with gigabrains here at Paradigm Press. And every Wednesday morning, our experts assemble for a regular editorial meeting. As is the general rule -- notably when lots of acuity accumulates -- a swarm of differing viewpoints are in the air. Indeed, it's often rare for a nearly universal agreement to remain unchallenged. However, far as I can tell, the common thread that now binds almost everyone is this: The value of the dollar is going down. And, credit where it’s due… One such guru stands out for calling it first… Alongside a few impressive predictions on how it would go down. Attention! Before You Read Any Further⦠[James Altucher]( Hey, it’s James. Before you read any further in today’s issue, an urgent situation needs your immediate attention. If you don’t plan on claiming this upgrade to your Altucher’s Investment Network subscription, you’re missing out on a huge opportunity. Right now is your chance to grab one of the biggest (and most valuable) upgrades our company has ever made to a newsletter. I’m taking Altucher’s Investment Network to an entirely new level and I’d hate to see you left behind. [To see how to claim your upgrade, just click here now.]( Once you’re done with that, read on to see today’s issue… Putin-coin? In 2009, our colleague Jim Rickards famously [ran a war game for the Pentagon](. Afterwards, he warned that Russia and China would accumulate gold and exit the dollar system. If you follow Jim’s journey, you know he wrote all about this war game in his 2011 book Currency Wars ([summary](. No less, he also described in that same book how Ukraine, Russia, and natural gas would be a flashpoint. But that’s not even the most interesting part. Here’s what Jim wrote would happen next: “At the same time, Russia and China will launch a new digital currency on their distributed ledger.” And, he wrote: “This new coin (call it a ‘Putin-coin’ or ‘Xi-coin,’ for example) will be pegged at an exchange rate of 1 coin = 1 SDR. Units of the new coin could be expanded based on new deposits of gold or the voluntary creation of credit denominated in the new coin. A board of governors of the distributed ledger would make determinations regarding participation, gold deposits, and money supply.” Finally, trading would commence among the members without the dollar, Jim wrote. These transactions would be billed locally in any currency, “but would be converted by the particular participants’ central banks to the new digital currency for balance of payments purposes.” Now, if you’ve been following the BRICS story, you know this sounds familiar. There’s lots of talk about the BRICS alliance meeting on August 22. That’s when, says Jim, they may announce the launch of a new currency. And that this SDR-like currency will be pegged to gold. His 12 year prediction seems to be coming to fruition. It begs the question: Will they launch it on a distributed ledger? Perhaps the latest news gives us a clue: The BRICS alliance also plans to [discuss the use of local currencies for cross-border transactions]( at the upcoming summit. Personally, I can’t think of a more straightforward way to do so than with a distributed ledger. (Later, we’ll talk about why this is good for crypto. Stay tuned.) But here’s the rub… BRICSmas in August? Brass tacks… Jim believes this will be the most consequential meeting in America’s history — and you need to know the dire implication it could have on the U.S. dollar. In fact, it's Biblical. In short… [It’s beginning to look a lot like BRICSmas.]( (Fair warning: That link goes dead tonight at midnight.) Until tomorrow, [Chris Campbell] Chris Campbell
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