"UNIT": The Truth About the "Golden Money" of BRICS, the Silver Squeeze and the Re-prescription Shock No One Expects

[Igor Pereira]

There's a constant buzz on the market about a new BRICS gold-plated currency, often called "UNIT". Sensational headlines promise the end of the dollar overnight. However, the institutional reality is more subtle, but not less explosive. THE BRICS no officially adopted a single common currency, and its leaders have focused on settlements in national currencies.

By Igor Pereira, Financial Market Analyst, Junior Member WallStreet NYSE

What's "UNIT," then? It is a proposed concept of account and settlement unit, linked to a basket composed of 40% physical gold and 60% BRICS coins (Brazil Real, Russia Rublo, Rupia, Yuan), designed to operate outside the SWIFT system.

Philosophical Change: Gold as Reference, Not Price

The central idea of "UNIT" is a philosophical reversal: measuring the value of coins in terms of grams of gold, not gold in terms of dollars or euros. Although it is still a pilot project in the development phase and not an official policy implemented on a global scale, its simple existence pushes the world towards a clear direction: more gold in reserves, more gold in commercial liquidation thinking and less blind faith in paper promises (IOUS).

The Relocation Shock: The Mathematical Repeal

The real threat to status quo It's not politics, it's math. Global capital markets are colossal compared to the physical metal market. The global fixed-income market is around $130-$140 trillion, and the global stock market exceeds $110 trillion. In contrast, the investment market in gold and physical silver is a tiny fraction of that.

The point of analysts like David Jensen is precise: if only a small fraction of this global capital decides to relocate bonds and shares to physical metal — say, 1% or 2% — the impact on price would not be linear, it would be vertical. Recreation is not mystical; it is a capital flow problem versus asset shortage.

The Silver Squeeze: When Paper Find Shortness

While we debate monetary theories, the "plumbing" of the physical market is already creaking. Reuters reports and independent analyses documented a severe liquidity tightening in the London silver market (LBMA), with dangerously low "free" stocks.

The UBS projects a structural deficit in the silver market for 2026 in the order of almost 300 million ounces, within a total demand framework of 1.34 billion ounces. With persistent deficits for five consecutive years, the disconnection between the price of "paper" (manipulated by derivatives) and physical reality is becoming unsustainable.

If a gold-referenced settlement concept (such as UNIT) gains traction while the physical shortage in London and COMEX becomes undeniable, we will have the perfect setting for a feedback loop positive:

More demand for physical settlement → More stress in stocks → Higher prices → More demand for protection.

Metal seats (bullion banks) may continue trying to "speak the price down" and roll their paper contracts to manage trust, but they cannot print metal. The direction of the journey is clear: the world is experiencing off-dollar settlements, gold is returning to the center of monetary conversation, and silver is the tiny market with the greatest explosive leverage potential ("torque") in this new scenario.

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