Will gold replace dollar as a world reserve currency?

For the past few years, a constant debate has been raging over the subject on
whether the US Dollar should be the world's reserve currency or #gold. In
fact, while the dollar index is extremely volatile, gold has become the hedge
"tool" of choice for many investors to mitigate risks. We have recently
conducted some phone interviews with some key industry stakeholders, and results
have shown that a number of traders believe that in order to make the
transaction as smooth as possible, everyone should have some gold. They are
convinced that gold can be traded for any currency anywhere in the world. In the
face of the global economy facing greater inflationary pressures in near future,
gold is considered to be the crisis hedge. At the Commodities Week Asia this
year, Mr. Chris Watling, The Managing Director & CEO of Longview Economics
shared with the attendees on the following: · Examining the historical prices
of Gold Vs. USD · What are the other alternatives? Exploring the use of
alternative #currencies such as Euro or Yen. · Looking beyond prices – Why
should investors buy gold as a form of long term investment? Do you want to find
out more about the world's alternative currencies? Download his full
presentation slides here . Join us at the Commodities Week Asia 2012 and find
out more about the recent changes in the world's capital markets.