“What are we to make of the growing chorus of fears about the possible collapse of the dollar? Is it a case of crying wolf again? Those fears link four elements: Iran’s stated intention soon to open its own electronic International Oil Bourse; its resolve to sell oil there in euros, not dollars; the expectation that the price of oil will rise to over $100 a barrel, triggering world recession; and the demand for gold, rather than dollars, as a store of value.”