Originally Posted by
BoilerUP
Don't forget about the (false) report in the British newspaper The Independent that the Chinese, Russians, OPEC countries & others had met to discuss dropping the dollar as their reserve currency...a story that 1. has been played at least once a year since I've been paying attention this decade and 2. is given a little more credibility now because of the dollar printing press you mentioned earlier.
Although everyone involved denied the report, everything I have been reading says that where there is smoke there is fire. One analyst is prediction $5000 oz for gold soon!
Peter Schiff Sees Gold At $5,000 | zero hedge