Robert Zoellick, the president of the World Bank and a former U.S. trade representative, has warned the U.S. authorities that the dollar's status as the world's leading reserve currency should not be taken for granted and that the euro and the yuan could win increasing acceptance in international currency markets. and this statement here doesn't surprise me considering the source. (Jim O'Neill, chief economist at Goldman Sachs, sought to dampen any talk that the dollar is facing a crisis.)http://finance.yahoo.com/news/G7-finance-ministers-face-apf-3236732226.html?x=0
Ok here is my advice: try to make as many short term predictions on gold based on this sort of info as possible (joking)
Yankee....this time you may be onto something big. I am at work right now and it is ALL over the web about the move from dollars being accepted for oil payments....gold is presently a little over $1020. Drudge report, Reuters, CNBC, many others are reporting this.....
