China , Russia , India , and the commodity bloc in the Middle East will begin to reject the fiat currency of the U.S. Dollar, buying gold and other precious metals on a large scale as U.S. public debt exceeds 70% of GNP and the banking system in the United States continues to deteriorate. (November 29, 2009)
For more 2010 predictions (so far) and to read my other predictions for 2009, visit my website.
