On the note of electronic FIAT - and it indicates IMHO how intelligent Armstrong is and he sees the big picture - on the other day he said that yes, all nations will implement the electronic FIAT system, but the US, because the role of US dollars in world economy won't be able to that. Therefore, it will be a very messy situation. Now, that is very interesting. Electronic FIAT will be a big change around the world with its consequence on society and economy. The sheep of Europe - like we are in the UK and all others in the EU - move to electronic FIAT. In the meantime the physical US dollar will be still in place. How that does work, everyone will just buy US $ as Armstrong predicts it (please note he predicts it for mainly different reasons)? But Armstrong also says after 2020 the money flow to Asia. Why would it flow if US dollar still the safe heaven? Indeed a complicated issue.