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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: LLCF who wrote (64362)	6/23/2010 6:13:38 AM
From: elmatador	Read Replies (1) of 217835

World Leaders Attack U.S. Dollar: openly discussed replacing the old global financial system with a new international monetary order. Sarkozy and Russian President Dmitry Medvedev World Leaders Attack U.S. Dollar "We are making plans for the future. We are talking about creating other reserve currencies, and we are counting on other countries to understand this,” Medvedev told an economic forum in St. Petersburg late last week. “Even the use of two currencies as strong as the euro and dollar will not insure the world against problems," he added, promoting the Russian ruble as another potential alternative. Last year, Medvedev was promoting a world currency, even displaying a “sample” coin bearing the logo “Unity in Diversity.” And just this week, news reports claimed Russia was selling U.S. Treasury bonds and diversifying its currency reserves to be less U.S. dollar heavy. According to CNN, in just the first quarter of 2010, Russia purchased over 25 metric tons of gold. thenewamerican.com

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