'All the Iranians have to do is to announce the purchase ten billion dollars in silver and ten billion dollars in gold over the next 90 days.
If the Iranians wanted to have fun, they would say they absolutely needed to buy gold because Russia and China will have to publish a gold backed currency after all the other currencies collapse. They will begin by backing the ruble and yuan with gold and fixing their exchange rates. We do not want to be excluded from world trade. After the dollar, the euro and the pound collapse, we will want to fix our currency to the Russian ruble and the Chinese yuan. If Americans want to import oil or anything else from overseas, all they will have to do is to buy gold at 2, 3 or 5 thousand dollars an ounce before proceeding with their purchases.'
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