GREY:INNHF - Post by User
Comment by
ROUGHTRADER2on Mar 29, 2011 2:25pm
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Post# 18356542
RE: RE: Low Selling Volume is a good sign....
RE: RE: Low Selling Volume is a good sign....This will not happen immediately, considering that the rest of the world has debt problems as well which affect their currencies too. The new world order will have a basket of currencies that will make up the world's reserve currency. Read what the IMF has planned, as well as what Russia and China have requested for reserve currency status. Already many trade transactions are being done world wide between countries without conversion to U.S. dollars, thus now eliminating the need for U.S. dollar world reserve currency status. For example trade between Brazil and China is conducted in Real and Yuan.
https://en.mercopress.com/2009/06/29/brazil-china-bilateral-trade-in-real-and-yuan-instead-of-us-dollar The article is from June 2009.