In MarkZ

[My understanding is the UN Security Council rotates the President and USA is up as of Wednesday. UN was the first to put sanctions on Iraq and is the only one left to release sanctions. I expect USA being President now is to release those final sanctions.] Study the history of fiat currencies. This is the longest stretch in recorded history that a fiat currency has gone without imploding. It will implode…we will go back to a gold/asset standard and we will have a revaluation.