Russia backs return to Gold Standard to solve financial crisis

[The Master]

Arkady Dvorkevich, the Kremlin's chief economic adviser, said Russia would favour the inclusion of gold bullion in the basket-weighting of a new world currency
based on Special Drawing Rights issued by the International Monetary Fund.

(Excerpt) Read more at Telegraph ...

[The Master]

I'm not by any means the biggest gold bug, but I do take notice when I see such things. More importantly is the talk of a new reserve currency consisting of a basket of National currencies and now it seems basket of commodities as well.

It's looking like the dollars days as the worlds reserve currency are coming to an end. It was unsustainable anyway.

This whole new currency thing is intriguing and frightening at the same time, and seems to be gaining wings. It seems like until recently the only people who really believed a new currency could take form were Evangelicals with an End Times fetish and CTers talking about a banking elite and a New World Order.

[jtrjason]

Don't worry it wont mater when 2012 comes.


j/k.

[winkyhead]

Ah, yes...... 2012...... the end all chess move we won't see coming.....



or will we?

[nigglewiggle60]

well so far everything in the star trek technology is slowing coming to fruition. So we would need to join together as a planet and have one currency before building warp drive and a ship to go fight outer space baddies.