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09:06 PM
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Something is up!!! Repudiation of the dollar!!! Its started!!
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[quote:Crazy Harriet:MV8yMTQyNDc5XzM2MTgxOTY2XzM1RkMwOTk1] It's highly unlikely there will be any sort of announcement of "oil for yuan" or anything else. That was the last war. This time it's all quiet. Currency is being avoided altogether, in barter trades using blackberries instead of bank accounts. Also, the Chinese have made the yuan available for any purpose for other countries or foreign corporations to use as a trading currency via their exchanges. This is the heart of the new South Asia Trading agreement from last November, and many individual deals have been cut - even with countries in the EU such as Germany. [/quote]
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For those who have been paying attention to what is going on-this will come as no shock! Repudiation of the dollar has begun and is taking off! The way I know is that the price of gas is always the first indicator!! Gas has risen more than 60 cents in just the last 2 weeks! Here's the shock it has risen 14 cents in just the last couple of hours.... The looks like the dollar death is happening rapidly... I suspect it started in earnest when the Chinese announced OIl for Yuan!!! This may be it for the dollar!!
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