Monday, November 5, 2012

Russia emerges as top Crude Oil producer ahead of Saudi Arabia in 2012 | www.commodityonline.com | 3

Russia emerges as top Crude Oil producer ahead of Saudi Arabia in 2012 | www.commodityonline.com | 3

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The USD "petro-dollar" is coming to an end. They had a good run at it but the game is over. With no gold backing and the BRICS nations moving out of the USD as a reserve currency, means the end for the dominant USD. No wonder the FED is monetizing debt with QE, no one else will buy it.   BK