“It was evident long before Nixon closed the gold window and ended the Bretton Woods system on August 15, 1971, that a paradigm shift in the global monetary system was inevitable. Likewise today, a paradigm shift in the global monetary system also seems inevitable. By considering Ron Paul’s words, we will know when the dollar collapse is imminent. ‘We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or euros.’ There is no question that you want to be internationalized before that day arrives, which seems to be getting closer and closer.”
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