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Insight - Making Sense of the Narrative

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The term "October Surprise' refers to an event that is timed to coincide with US Presidential Elections. While we obviously can not predict any unforeseen event, we can highlight things that are happening that may be brought to our attention this month. One such is the UNIT, the plan for a BRICS+ trading currency, backed by a mixture of currencies and Gold. This is not about replacing the Dollar a s reserve currency, more about replacing SWIFT as a Global Exchange, with wider implications for the FX markets - $6tn a year of Global trade supports $7.5trn a day of FX markets. Take the $ out of half of those trades and the system faces a dramatic reset.\, including diversification away from the $