Fin_d, my friend, don't speak too soon because the reaction from the cabal of the coerced would be to raise and rally the dollar enough in the hope it will say to those that wish to force its abandonment to think again.

You know full well who is behind this, this is Putin's revenge partly, this is also the Chinese and Russian's getting ready to force the US into third place because thats what happens in a global power struggle and as America weakens, its counterparts will fill and usurp that vacuum.

If it were only Fisk, then maybe he went out on a limb, Marketwatch and Bloomberg have predicted the exact same thing as Fisk for over a year, my good friend the ex Treasury secretary to Reagan was telling me this was going to happen 4 years ago, Fisk has done the right thing by telling people what is really going on rather than the rest of the media telling us everything is going to be alright.

The final preparations for this end-game was sorted at Ekaterinaberg, under the auspices of Putin himself, a man that has kept the US on a back-step now for years and will in his eyes bring about the same destruction to the US that the US did to Russia via its CIA satrap Yeltsin.

As for Saudi Arabia, the current sitting Royal is pro-US to a certain degree, not as pious in his support of America as his predecessors but he is surrounded by those that are not pro-US at all, it has been Saudi Arabia that has locked OPeC into trading dollars thus far but with Iran, Venezuela and Indonesia threatening to bypass this and Iran already has, there is little Saudi Arabia can do, after all they are in the business of making money and if someone wants to buy their goods with money that is worth more than the current offer on the table, only the fool would turn that away.

Japan has indicated it is moving itself away from its position as a client state, something the Americans are still reeling over and never saw coming, it is only a matter of time when other client-states also make such moves and one day even the UK may actually grow a spine and get off the slow boat into the abyss...

America could have saved itself but it deliberately chose not to, in doing so, its trading partners have decided they have had enough of being forced to accept a piece of paper that is worthless simply as Bush hid the M3 listings and told the Fed they could print as much as they want thus lessening its worth oh so quickly, in short Bush flooded the market with dollars so that quickly they lost half their value and America's foreign investors were extremely angry at this and also the proposed forced move to the Amero which was destined to happen when the dollar tanked too much.

America got what it deserved... its time to see how this actually plays out, I know how this will end but let the nay-sayers keep on repeating that mantra to themselves that everything will be alright...

I'm not so sure, I think the ekaterinaberg conference was a visual warning to the west especially as much as it was also a visual warning that Iran is firmly under the auspices of Russia and China right now.

Much wordage has been given over to China's economic "nuke" and it has kept a generation of economists in the US awake at nights at the slightest hint that China will eventually drop the dollar, what was telling that in the last touting of T Bills China was extremely reluctant and didn't buy what the US expected. I believe the Chinese bought as little as they could without causing a noticeable stir in the markets so they are not ready to drop this "nuke" just yet.

In a way I think that this is going to be a very quick cold war, Russia and China most assuredly see an opportunity to bring America down from the top position and usurp its dominant role, this has been Putin's long term goal anyway and given that now Russia and China have the means to do this, it is a matter of when and not if.

I suppose countries were getting rather tired of the rip off that trading in dollars became, nations worked hard to produce goods and all the US had to do was print more paper money, the poor people of the US are heading into a very rude awakening to be sure, certainly the era of cheap fuel and goods is coming to an end regardless of how this plays out.

The idea of secret meetings is baloney, (if they were really sectret nobody would know about them, of course) but the idea of the dollar tanking is well founded and has been discussed for at least the past 5 years, following Mike Ruppert's revelations.

The US peaked in energy extraction decades ago and lost control of its currency in 1971, but has behaved as though it was still the 1950s or 60s for the past 40 years, selling worthless paper to the rest of the world, under threat of economic or military sanctions.

The price of gold is one of the best indicators of the true value of the dollar. 1930: $28. 1934 (after private gold holding was made illegal in the US): $35. Earlier in 2009: around $950. Now: around $1040. In other words the dollar is worth about 1/40th of its 1920s value and around 90% of its value just a few months ago.

All nations not caught up in US hegemony are getting rid of US dollars as quickly as they can, in the game of 'run for the exit' that has now commenced.