Another Sign That The Dominance Of the U.S. Dollar Is Coming To An End

Buffett And India See A Dim Dollar Future -- Forbes

You might think that Warren Buffett's $34 billion bid for the rest of Burlington Northern Santa Fe is the most eye-catching investment decision of the day. While the Oracle of Omaha's bullish bet on America is hardly insignificant, I would like to direct your attention half a world away and ostensibly in a different investment medium: spot gold.

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My Comment: America's currency is one of its most important strategic security assets. Its decline is propelling a perception that the U.S. is in decline, thereby resulting in the flight from the dollar to other assets and currencies.

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