BRICS establish $100bn bank and currency pool to cut out Western dominance

"The big launch of the BRICS bank is seen as a first step to break the dominance of the US dollar in global trade, as well as dollar-backed institutions such as the International Monetary Fund (IMF) and the World Bank, both US-based institutions BRICS countries have little influence within."

ALL BRICS COUNTRIES ARE BIG BUYERS OF GOLD AND PROPERTY.