The Phaserl


De-Dollarization: Gold is IN — Dollar is OUT

by Jason Simpkins, Outsider Club:

Having lost its seat at the cool kids’ table, Russia is making new friends. Now, instead of eating lunch with Germany and the U.S., it’s doing math in the corner with other social outcasts like China and Iran. And it’s coming to some very dangerous conclusions.

I say dangerous, because as much as we’d like to write them off, the plans being hatched half a world away are, in fact, a threat to Western dominance.

Indeed, Russia is working with Iran to undermine economic sanctions and with China to eliminate the dollar from global trade.

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