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<p>[QUOTE=&quot;InfleXion, post: 1359008, member: 29012&quot;]The USD is already not the world reserve currency. Iran is selling oil to India for gold. China and Russia also have deals with Iran and each other to bypass the dollar. That is a big reason why I think 2012 will be the year for silver. Also, zero interest rate policy (ZIRP) in and of itself without additional QE is enough to drive negative real interest rates further and further down. As banks can loan money (to people like us) for more than it costs them to borrow from the Fed (at zero % interest) they will be making as many loans as possible, and the credit system is more responsible for monetary expansion than the Fed&#039;s outright printing of new money. ZIRP has been pledged through 2014![/QUOTE]</p><p><br /></p>

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