Russian Bull

Is the Dollar Becoming Less Global?

Funny, about a year ago I was speaking with a friend in Russia about this. Could you imagine a gold-backed Rouble? It would change the finance geography overnight....but I don't think it will happen anytime soon. Finance is a gun, politics is knowing when to pull the trigger. Nevertheless, USD are nothing more than the promises of politicians to pay us and we all know where that is going. Is the USD on the wane? Well, for me, I'm a fan of Oil Producer Currencies.