According to the International Monetary System (IMF) itself, there could be a major change in the global monetary system to be announced on Oct 20th. Since the end of WW11 the US Dollar has been the world's reserve currency and all commodities have been priced in dollars. Under a new IMF arrangement the USD would have a lesser role which could have an immediate impact devaluing the dollar. We trace numerous interviews with the IMF that establishes the need for their intervention. Other topics include: The global commodity rally, last week's US equity rally, the debt ceiling charade, a new IRA mandate and the entrance of new political clowns.
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