Something that today not many people paid much attention to: The Russians will be dealing in Euro's in all their Petrol transections (sales) in the future...
If this were to be true and implemented by the Russians, the consequences for the USA $$ could be, can be, immeasurably catastrophic....
Billions of US$$$ will not longer needed for daily transactions.....Can the Eyro take it's (US$$) place, as the Russians are insinuating??
Very-very doubtful. The USA is still, and WILL Be for years to come, the ONLY Super-Power, and the US$$$ will be the currency most nations will always (well, for the next 30 years at-least) opt to use for their transections.
However. Were the Russians to proceed with their threat (..We failed to beat them in our game- Ideologically driven wars-We will beat them in their game.....Capitalism), the US $$ will surely suffer immensely.
Who is ultimately the ONLY beneficiary of such an eventuation?? The Euro? The EU??? Definitely NOT!!
They are in such an economic mire, that even if the Russians were to give a nudge to their much adored Euro, the only thing they could, will, achieve is a temporarily chaos in world currency markets...
The Only thing that will come as a winner out of it, will be the Yellow metal.
Our Precious Gold!!!!
Thus: Gold $400??? Why can't we be more optimistist....
$500??...$600??......Yes. It is possible!!!!!
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