Dr. Warren Coats (formerly IMF) Proposes a "Digital SDR"
Below I have pasted in an article from another blog I have which watches for potential monetary system changes. Since the value of the US dollar is one key factor impacting precious metals prices, I decided to post this article here as well. Also, there is a lot of speculation about the IMF moving towards a "digital SDR" to replace the US dollar as the global reserve currency. I asked Dr. Warren Coats about that and his reply is in the added comments section below. ------------------------------------------------------------------------------------------------------ Readers here know we have long covered monetary system reform proposals from Dr. Warren Coats. Dr. Coats is formerly the head of the SDR Division and is in my view a leading expert in the world on the SDR along with IMF rules and regulations. So we have featured him as the best source of information on this topic. Dr. Coats recently sent me his new article, The IMF's $650bSDR Allocation and a future 'd...