Embry - Global Chaos Signals World Currency System Will Be Recast

``Now the bullion banks know the jig is up and they are moving rapidly from being massively short, to getting long the metals... as global chaos increases, such as we have seen recently, it is a sign we are going to have to recast the entire world currency system.  And when that time comes I suspect it will be a basket of currencies, and so the US will lose its reserve currency status. The new system will be backed by hard assets, one of which most assuredly will be gold, and the gold price could well be revalued overnight in that process.  The timing of all of this is imprecise, but it's inevitable.  So as much as the short-term price action might have people frustrated, it shouldn't disturb their long-term view in the least."''