- The Book of Revelation tells us that not even gold and silver will save us from the coming 'Mark of the Beast' [a.k.a. the number '666'; Revelation chapter 13]; without which no-one [rich or poor] will be able to buy or sell [the famed 'cashless society' as espoused by the late; great Barry Smith]. The above article details the history of money concisely and suggests why people might want to own gold when the financial system is in trouble.
- The US dollar [as a reserve currency] has been backed by oil effectively since 1971 [before that it was underpinned by gold]. This is why US politics/foreign policy is driven by oil economics and why Iran has opened up its own oil bourse trading in euros - to bring down the US - not by might - but by money.
God bless you and God bless Israel ... KeithJS ... 23-July-08