This is one of the biggest stories of recent times. Robert Fisk reveals in the Telegraph on Oct. 6, 2009 that the U.S. dollar is about to be dropped as the medium of exchange for oil by Russia, China, Brazil, France, Japan, and the key Arab states. These nations are deciding without U.S. or British participation to replace the dollar with a combination of gold, Japanese yen, Euros, and Chinese yuan. Already today gold and all commodities are jumping up against the dollar. Gold is over $1040 an ounce. CAL Original article
World Dropping Dollar As Reserve
October 6th, 2009 · Post your comment (No Comments)
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