With regards to Gold and its price manipulation helped along through the Financial Press has no bearing on the REAL price and the VALUE of Physical Gold. Throughout the ages Gold was the guarantee and not some paper money printed as required by central bankers. In fact the pricing of paper gold contracts is plainly illegal and should be outlawed. 

I am all in favor of the BRICS Bank however I am afraid that this will be infiltrated by Banksters who will want to disrupt the smooth running of this new organization. Those five Countries involved such as China, Russia, Brazil, India and South Africa should keep a close eye to see that this does not happen and take into account that India and South Africa were British colonies and still are tied to a great extent to their former rulers.