A gold-backed ruble and gold-backed yuan could start a ‘snowball exit’ from dollar Frederick William Engdahl notes, adding that it will diminish America’s ability to use the reserve dollar role to finance Washington’s perpetual overseas wars. The irony of the situation is that the central banks of China, Russia, Brazil and other countries “diametrically opposed”... 

It’s hard to believe, but it is nevertheless true, that just one year ago this month the world was celebrating because the Obama regime and its war-hawk allies were stopped dead in their tracks in their plan to start a new war against Syria…and by extension World War III. The cause célèbre for the September, 2013 war against Syria, used by the Obama regime and its allies, was a deadly chemical... 

An American economist says the political tensions between Washington and Moscow will speed up the demise of the US dollar in international transactions. “The political tensions between the United States and Russia has increased or speeded up the process of which nations are doing business between countries instead of dollars and doing it with their local currencies,” Mark Thornton, Senior Fellow...