Robert Fisk, Independent, confirms meetings to end dollar dealings in oil

Robert Fisk, correspondent of The Independent, who holds more British and International Journalism awards than any other foreign correspondent, wrote this piece on October 6th, 2009.

Fisk’s banking sources out of Hong Kong have confirmed that secret meetings have been taking place to end dollar dealings in oil coming out of Arab nations. Finance ministers and central bank governors in Russia, China, Japan and Brazil are collaborating on this scheme.

According to Fisk, the new currency that will supplant the U.S. Dollar will be basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new unified currency planned for nations in the Gulf Co-operation Council. According to Chinese banking sources the transitional currency may be Gold.

If this occurs it seems certain that the dollars decline will accelerate and strengthen gold’s rise.

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