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BRICS how do i invest in it We know how they got wealthy in the past by funding Both sides of a conflict they designed and I can’t stop this one so fuck it I want to ride the coat tails.

BRICS how do i invest in it We know how they got wealthy in the past by funding Both sides of a conflict they designed and I can’t stop this one so fuck it I want to ride the coat tails.

(post is archived)

[–] • 2 pts

Fuck all the counterparty risk and buy silver. Buy silver. Fuck gold, buy silver.

[–] • 1 pt

Physical. Gotta be the physical silver. I’m sure that’s what you meant, but some reading it might feel safe in buying it from an institution.

[–] • 0 pt

I do own physical gold and silver but I do not recommend it as a primary investment strategy as it does not create dividends and we are unlikely to see a huge Spike in price it's pretty much dead money

[–] • 0 pt

unlikely to see a huge Spike in price it's pretty much dead money

I would like to note this is disingenuous at best seeing as the silver to gold ratio is > 80:1 when it naturally occurs in the earth and is mined at roughly a 10:1 ratio. Now with the anoucment that 1/3 of the earth will be transacting with gold backed currency, you say it's a dead investment? Nah, you just don't know what you're talking about with respect to PM's, you're gold ownership says it all. Remember, past performance does not guarantee future results.

[–] • 0 pt

I get it but if you look at the charts I'm likely to be correct. People have been claiming as you are now next to forever and it hasn't happened yet.

[–] • 0 pt

Lol, do you. Enjoy the declining dollar and your paper assets with counterparty risk. I'm just hoping to make it out of the collapsing casino alive.

[–] • 1 pt
[–] • 1 pt

Search for ETFs of each country.

Example https://etfdb.com/etfs/country/brazil/

You could go further and look at the stocks in the ETF and see if you like any certain ones enough to buy it.

[–] • 0 pt

Buy rupees, reals, and rand. I don't think you can buy rubles or yuan. Either that or invest in companies that are heavily into those economies.

[–] • 0 pt

https://www.zerohedge.com/geopolitical/imf-hints-allowing-countries-use-chinese-yuan-debt-repayment The International Monetary Fund (IMF) has hinted that it may accept the Chinese Yuan as a currency for countries to settle their obligations with the IMF following Argentina’s recent debt repayment in yuan.