BRICS Goes Bananas for Gold! 🤑💰 Will the US Fed Blink? 😏

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In the grand theater of economic folly, where nations play their parts with the gravity of a Shakespearean tragedy, two members of the BRICS alliance-Brazil and China-have decided to embrace the ancient fetish of gold. Ah, gold! That shiny, inert metal which men have coveted since the dawn of greed. According to the World Gold Council, these two nations collectively hoarded 12 tonnes of the stuff in November 2025, a sum amounting to a staggering $1.88 billion. One might wonder: is this wisdom, or merely the panic of those who fear the paper tiger of fiat currency?

Brazil, in its zeal, added 11 tons to its reserves, a move that now constitutes 6% of its total holdings. In the preceding eleven months, it had already amassed 43 tons. China, ever the quiet accumulator, added a modest one ton in November, bringing its total for the year to 26 tons. Yet, in this race of folly, Poland emerges as the true champion, having stockpiled 95 tons in the same period. Oh, the irony! A nation once partitioned by empires now leads the world in hoarding a metal that cannot feed, clothe, or heal.

Meanwhile, Morgan Stanley-that oracle of Wall Street-prophesies that gold will ascend to $4,800 per ounce by the fourth quarter of 2026. Driven, they say, by central bank purchases, falling interest rates, and the whispered possibility of leadership changes at the Federal Reserve. At the time of this writing, gold trades at $4,442, a mere 3% below its December 2025 peak. One cannot help but chuckle at the spectacle: men in suits, poring over charts, as if the future were written in the stars-or in the gleam of a gold bar.

And so, the world turns, and the nations hoard, each convinced of its own prudence. But as Tolstoy might observe, in the grand scheme of human existence, is not all accumulation but a fleeting illusion? 🌍✨

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2026-01-09 00:02