Government shutdown? Inefficient politicians? These things are nothing new, and pale in comparison to the real story developing quietly behind the hoopla and noise we receive from the press.
The death of the U.S. dollar as the global reserve currency is the elephant in the room that nobody wants to acknowledge.
It’s only been a short while since Michael Maloney delivered his keynote speech ‘Death Of The Dollar Standard’ in Singapore, where he showed the events that add up to conclusive evidence of a global move away from the US dollar standard. Bilateral trade agreements, avoidance of the US dollar in trade, repatriation of gold – Michael Maloney deemed them all to be ‘nails in the coffin’ of the dollar standard.