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One Year London Gold Fix (chart)

"We believe that all US media are controlled by a single unit."
The Iranian President, Mahmoud Ahmadinejad, speaks to Russia Today (04.05.10).

Gold vs Euro, British Pound, US Dollar and Japanese Yen - July 2009 to May 2010 (chart)

New gold-backed US dollar to be introduced after takedown of Goldman Sachs and Deutsche Bank. Closedown audit of US Federal Reserve Board to comb all books back to 1916. Pentagon plans well-advanced to evacuate most of the eight hundred US overseas military bases.
To start with, there may be no single big announcement. The initial changes are likely to be rolled out piece by piece quietly.

Huge national debts could push EuroZone into naked bankruptcy
European governments agree that saving Greece is imperative. They are worried about the euro, and the Germans are concerned about their banks, which, lured by the prospect of high returns, have become saturated with government bonds from Greece and other southern European countries. They are also terrified that after a Greek bankruptcy, other weak euro countries could be attacked by speculators and forced to their knees. There are striking similarities to the Lehman bankruptcy. The financial crisis isn't over; it has simply entered a new phase. Today, the world is no longer threatened by the debts of banks but by the debts of governments, including debts which were run up rescuing the banks just a year ago. The banking crisis has turned into a crisis of entire nations, and the subprime mortgage bubble has morphed into a government debt bubble.