[Westy]

The USD is about to be replaced as the global fund in oil trades. Saudi Arabia and quite a few other OPEC types are planning to start their own currency for oil. They desperately want to copy the EU Euro system, but for Arab States. When their exchange rate is established by them, and not attached to the dollar (think Yuan), you will see some serious problems with the dollar. And when the dollar starts to lose ground, it will get dumped by investors.

There's a domino principle going on, and it's hanging by a thread. Many naysayers out there, but of course WW1 was the war to end all wars. They didn't really consider economic war, now did they? Decoupling makes sense [on paper] for a lot of these countries. Hundreds of billions spent yearly only in oil trades. Their oil, their monetary system, their rules. I don't like playing the role of hostage. And those of you that think the dollar will rebound, look at the results of the last few auctions. NO buyers. No one wants our dollar. 'Cept me, of course.