This issue isn’t new as it has been mentioned years ago, but once again there are reports that oil dealers are discussing the possibility of dropping the US dollar for buying barrels of oil.
Watch the RT video (October 6, 2009):
Max Keiser says the US Dollar will be buried way before 2018 as the World reserve currency…
As the US dollar drops, gold continues to rise at it reached record levels on Tuesday, October 6, 2009 on the New York Mercantile Exchange gaining $21.90 to close at a record high of $1,039.70
Gold continues to rise today (Wednesday, October 7, 2009 at 4:51 ET) as I type this post where it’s at $1044.02, and analysts predict gold will rise to $1100 in the near future.
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