BRICS’ Gold-Backed Currency Hype: Why Robert Kiyosaki Is Saying ‘Bye Bye US Dollar’

Source: Times Now | Original Published At: 2025-12-10 03:52:36 UTC

Key Points

• Robert Kiyosaki claimed BRICS would launch a gold-backed 'Unit' currency, but no official announcement has been made by member states.
• BRICS nations are exploring a gold-linked payment mechanism (UNIT) to reduce reliance on the US dollar, though significant coordination challenges exist.
• Russian President Putin emphasized creating alternatives to dollar-dominated systems rather than outright rejecting the dollar, citing geopolitical 'weaponisation' concerns.
• Putin cautioned against rushing into a common currency, referencing the Eurozone's economic strains as a cautionary example.
• Speculation intensified after Putin was photographed with a symbolic 'BRICS banknote' at the Kazan Summit, though officials clarified it was not a real currency rollout.