The Phaserl


Is This The Final Straw?

by Bill Holter, Miles Franklin:

Saudis’ Unprecedented Break with Washington over Egypt (Is that a Golden anvil around President Obama’s neck)?

We have seen so much news recently and many stories. When they are knitted together point to a picture where the dollar will be supplanted as the world’s reserve currency and where gold will play some sort of role.  Even looking at the gold market from different angles gives you signs that something is definitely in the works.

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1 comment to Is This The Final Straw?

  • NaySayer

    If the Saudi’s reject the continuation of the petrodollar then america is over. If we can’t force people to have to buy our massively inflated dollars to buy oil from Opec nations then all those dollars get rejected and come back here to create massive hyperinflated prices in all real items you need, especially food and fuel.

    Hold onto your metals (both monetary and lead) because when that happens real money like metals will buy far far more than it does now as people become desperate to get their hands on real money that won’t become even more worthless overnight.

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