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re: Beginning of the End of U.S. Dollar Hegemony

Posted on 7/17/14 at 2:01 pm to
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5612 posts
Posted on 7/17/14 at 2:01 pm to
You'd get a better reception for this headline here.

FYI these countries have needed to do this for a LONG time, and the Putin shots at America are nothing new. By the way, you do know this fund is denominated is US dollars, right?
Posted by Swampeast
On the Mississippi
Member since Feb 2014
141 posts
Posted on 7/17/14 at 3:43 pm to
quote:

By the way, you do know this fund is denominated is US dollars, right?

So what?

The recent Russo-Sino gas deal wasn't in U.S. dollars and the Chinese, Russians and Indians are buying as much gold as they can get their hands on. Speaking of precious metals tell me how the repatriation of the German's bullion from the Federal Reserve Bank back to Deutsche Bundesbank is going.
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