Oct 052009
 

The article just posted at Drudge includes the following:

In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading.

It is difficult to assess the immediacy and/or accuracy of this article. It is certainly consistent with what we know regarding views expressed previously by all countries involved. The big move in gold today may reflect leakage of such news. Read here.

The demise of the dollar


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