In a commentary available to view from his Ron Paul Channel, RPI Chairman Ron Paul explains how the US has targeted any country that threaten to use currencies other than dollars with which to conduct international commerce. In Libya, Iraq, Iran, and elsewhere, says Dr. Paul, challenge the dollar as world reserve currency and you will risk regime change or outright invasion by the US military. Russia’s threats to explore a barter or other systems that challenge the US dollar may well be behind the US push to apply sanctions and place NATO on a war footing, he says.
What does this mean for gold? Listen to Ron Paul’s analysis here for free from the Ron Paul Channel.