Late 2009 Dollar Demise: Gulf Cooperation Council to create new currency
• caps.fool.com/Gulf Cooperation Council leaders yesterday concluded their 29th annual summit meeting in Muscat, Oman with a final approval for the creation of a single currency for the six-nation economic bloc, still targeted for 2010.
You know, I was at a dinner party recently where someone looked into their crystal ball and predicted the Sauds removing their dollar peg (although he predicted early 2009). I don't remember who it was, other than he was a handsome devil.