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Anyone know why the Yen is collapsing? Also, BRICS was the biggest

buyer of gold in 2023 as China, Russia, and India stockpiled the precious metal worth billions. The latest data from the World Gold Council shows that BRICS member China added 225 tonnes of gold to its reserves in 2023 alone.

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🇯🇵 Russian gas cut off from Japan. Yen in free-fall to maintain competitiveness. BRICS bloc buying up insane amounts of gold. Yen turning to funny money vis-a-vis gold.

Henno
🇯🇵 Russian gas cut off from Japan. Yen in free-fal...

Gubmint debts and central banking at its finest. I was there last October and everything was so cheap. It’s supposed to be cheaper now, I can’t imagine

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