Whew! We worked through a lot, thanks for hanging in here. However, in a complicated world nothing is certain! I used Western countries to allow you to better hone in on some of what my perspective is, which seemed to help. And to answer your point about whose currency might it be safer to buy and hold, at this specific time personally USD would be my last choice. (but USD could reverse course and start back up again--This is what happens when the stock/currency markets are so totally MANIPULATED. ..fickle. this is what it means when they say there is no price discovery. Prices are not in a give or take fight between legitimate traders (investors)...because COUNTRIES buy up blocks to suit their agendas...and the Western countries all have the same play book. Does this sound fair to you?
OK. back to the BRICS. There is controversy about whether or not the BRICS are secretly in on the Global Reset. Some think they are and others totally support the thesis that the BRICS want to construct a new paradigm for the world that is fair to humanity. Seemingly, the Western Elites want to depopulate the world so that Earth is not overpopulated..then the Elites will have the lions share of everything..(this is the abbreviated version)
Now back to where is it best to put one's capital, profits, assets. Very smart analysts, financial advisors and experts all say to put profits in gold and silver,- (NOT ETF's) -or other precious metals, land, real estate, some into cryptos...but not cash, CD's, equities...or anything held in banks, including pensions. And why do they all say to keep a basket of wealth outside the system? Because nothing is certain...nothing is predictable in this wild, crazy world. If we lose some assets, perhaps a different one of our holdings will keep us going. The important word to take away here is DIVERSIFY...because the bottom line is that NO ONE (or country) CAN BE TRUSTED.
LOL....are we still on the same page?
Keep in mind that Greg is a short term trader, helping us to capitalize on short term profits in a corrupt stock market. I'm certain that he knows and understands the big picture better than all of us. He cannot teach us everything...we just need to educate ourselves about markets and how they interrelate. It takes time to learn how we can get a handle on the big picture....especially when most of us are not working in the Financial Industry.