PCT Metals

Russia's sanctions-imposed exile from global financial systems last year also fuelled speculation that non-western allies would shift away from the dollar.

"The objective, irreversible process of de-dollarisation of our economic ties is gaining momentum," Putin told the summit on Tuesday.

What is a BRICS currency and is the U.S. dollar in trouble? Brazil's President called on Wednesday for the BRICS nations to create a common currency for trade and investment between each other, as a means of reducing their vulnerability to dollar exchange rate fluctuations.

A comprehensive retirement plan should include a mix of investments, including stocks, bonds, and alternative assets such as gold and silver. According to a recent survey by the American Institute of CPAs, nearly one-third of Americans believe that gold is the best long-term investment, ahead of stocks, real estate, and bonds.