Max Keiser on oil trade’s dollar dump
Max Keiser, international journalist, provocateur and ex-stockbroker, was interviewed on Tuesday by the Russia Today television network on the oil trade’s so-called “US dollar dump” (courtesy of GATA). He reported that he was hearing from his sources in Paris and the Middle East that there was substance to the widely publicized article by Robert Fisk (The Independent) about worldwide collaboration to replace the US dollar as the medium of exchange for oil trading.
Keiser added that gold was to have a much larger role in the basket of currencies likely to be created to replace the dollar and said China, Russia and other countries moving to shift from dependence on the dollar were tired of funding US wars and occupations.
Source: Chris Powell, GATA, October 7, 2009.
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