f you have not heard of BRICS, you eventually will and will feel its influence in markets. To be sure it is a fledgling movement with little current effect on markets. But China is the master of the “long game,” and they are slowly building a coalition to unseat the dollar as the world’s reserve currency. How long will it take? No one knows about the speed of change, there are just too many variables in this proposed transition to know. But directionally we know that China and Russia want to create a reserve currency that is separate from the U. S. Dollar.