Bob Chapman The Dollar will lose its reserve standard status to the Gold

Bob Chapman - Radio Liberty 3rd Hour - 08 Aug2011

Bob Chapman : people rioting worldwide are trying to get their government to listen to them , this is going to continue and get worse especially as unemployment keeps increasing , the bottom line is they really cannot contain violence ... Why would anybody buy a treasury bond that has negative interest ?! , the dollar has been weakening and it is in no shape to assume the leadership amongst the currencies of the world , Gold is taking over as the world reserve currency , the inflation is going to get much much worse , so more and more central banks are buying gold for their reserves ....

Bob Chapman The Dollar will lose its reserve standard status to the Gold