USDollar: Ring-Fenced & Checkmate

[Mad Scientist]

Good article that sums up what is happening to the Dollar, why other nations look to move away from it and what will happen as a result.

You ARE buying Gold and Silver right?

USDollar: Ring-Fenced & Checkmate

[FONT=Arial, Verdana, Helvetica, sans-serif]The alternative system to conducting trade outside the USDollar system has had formative stages since the Lehman Brothers and Fannie Mae collapse. The Eastern trade leaders have been very busy quietly constructing a new system, with almost zero press coverage. They prefer to work in the background. Recent events indicate they have chosen the formal public stages and forums with wider visibility, starting with the February G-20 Meeting in Moscow. The true agenda for G-20 finance ministers was to hatch finally the USDollar alternative. The sleepy West appears not to be paying much attention[/FONT]