Dollar

Iran dumps dollar for euro?

It would appear that Iran has 'dumped' the dollar:

"Iran's President Mahmoud Ahmadinejad has ordered the replacement of the US dollar by the euro in calculating the value of the country's Oil Stabilisation Fund (OSF)."

http://www.arabianbusiness.com/568241-tehran-dumps-dollar-for-euro

Is this what it sounds like?

The United States Dollar

You obviously couldn't "wage war" without 9/11. - Jon

I doubt it was the only reason, but it may well have played a significant role in our motivation to wage war.

- Ron Paul

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A friend of mine tonight brought up the declining dollar. This is the first time I'd heard someone other than myself, and a few others mention it. That, to me, suggests that the collapse of the dollar may be upon us. I am by no means a financial expert, however, I am someone that follows the news. It doesn't take a financial expert to see what is happening to the U.S. Dollar. I don't know what to say other than hope for the best, and expect the worst.