2011-05-25www.globalresearch.ca

"Not far into the immediate future the whole world will be back on a gold standard because that is the only thing that works. BRIC countries, especially China, India and Russia and Iran want a gold backed currency. Many other nations are heading in that direction as well. This time the petro-dollar is not going to survive. The elitist's forces in NYC and the City of London know this and they are trying to combat the dollar's relegation as a non-world reserve currency. If they lose, and they most likely will, the US will be a big loser. The dollar no longer has the fundamentals and it hasn't had them for many years, some 40 years. What is surprising to most professional observers is that it took so long for the system to approach collapse."


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