Quote:
Originally Posted by QUESTINY
Z and Rocky. The dollar and our markets are getting hit hard because of a rumor that Russia and China are spearheading a Eurasian currency partially backed by gold and oil. Gold up, Dow futures down 171.
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Wow I just realized what this means, Backed by oil means we will finally be able to move forward with free energy inventions. The government will no longer want to burn what is backing currency
Gold is understandable, but Oil is burned through at millions of barrels a day, that means overnight, Saudi Arabia is one of the richest countries in the world...
But couldn't we do the same thing by measuring the amount of oil we have including the oil fields in Alaska and offshore?
This is going to suck down the China money surplus very quickly, they import most of their oil...
We won't be speaking Chinese...