Where is this headed?
It will be a scandal, the idea trumped and then slid back on the table after DSK's removal.
The USD will never again be the world reserve currency once DSK is removed. The US will only be allowed to come back to the world stage with it's currency with something that can be proven more reliable that the IMFs own SDRs.
It might even have to be gold backed.
It might even have to be a mix of less risky, broader expanse of exposed economic factors across capital, manufacturing and minerals markets.
Hmmmm......Mexico has an okay manufacturing base. The US can have the capital base because they are already set up for it and Wait!? Canada has resources!
Voila. The Amero is floated.
Buy gold. Buy gold now as anonymously as possible.
I'm out of stocks as of tomorrow.
I'm out of RE as soon as possible, personally. I see high IRs for the cartel to fund this move.
I'm going back to my tinfoil hat.
As obvious as it sounds, I still cant understand why people dont hedge and invest some money in gold. Not saying a massive amount or all etc etc.
With all the central banks and countries buying gold in the last couple years makes you wonder.. why?
Maybe I'm just too bias and have my own agenda to fill...