Russia and China announce decoupling trade from Dollar - The End for the USA is nigh‏

[Peter S]

"Russia has just dropped another bombshell, announcing not only the de-coupling of its trade from the dollar, but also that its hydrocarbon trade will in the future be carried out in rubles and local currencies of its trading partners - no longer in dollars ......"

Read more:

http://www.sott.net/article/277104-Russia-and-China-announce-decoupling-trade-from-Dollar-The-End-for-the-USA-is-nigh%E2%80%8F

[Byron wilkins]

This maneuver will destroy the petro dollar but better than that Russia is going to purchase 10,000 barrels a day of Iranian oil and not use the US dollar. So much for your stupid sanctions on Russia , checkmate pea brain.

[pat staley]

I read a few days ago that Obama is doing away with paper money July 1st.  Who knows what his pea brain is up to.