The BRICS economic alliance is showing internal divisions over de-dollarization efforts, with India emerging as a key dissenter. Despite the bloc’s long-standing goal to reduce reliance on the US dollar, India’s foreign minister Subrahmanyam Jaishankar has stated they have “no interest” in replacing the dollar for BRICS trade settlements, calling it a “source of international economic stability.” This fracture within BRICS comes amid increased tensions with the West, particularly as President Trump threatens 150% tariffs.

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Gold/Silver Ratio Hits 61.1 — Silver’s Turn to Run
Silver is outpacing gold for the second straight day as the gold/silver ratio compresses to 61.1. With a six-year supply deficit, stagflation signals, and central bank buying accelerating, silver’s structural case is finally finding its moment.




