It all boils down to the countries that are trying to trade major amounts of oil for currencies other than the USDollar. Once this becomes the trend, banking as we know it will be destroyed.
If you live in the States, or use the USD as your major currency, I'd say stock up on bitcoins along with gold and silver.
When the big flop in the USD comes, it will come quickly, and it might be far bigger than we can imagine.
Seems like the China / Russia gas deal, without the USD is real. Also, wasn't it in the news that Saudi Arabia was attempting to bypass the USD in a deal with China (maybe it was Syria)?
ISIS is selling "black market" oil all over the place at rates cheaper than anybody who is using the USD. This should bring the price down all over, at least until black market oil has been driven out of existence. Why might it be driven out of existence? Because the oil is way too high. The price is inflated. ISIS is the friend of the guy at the pumps by helping to bring the price down. The question is, why are gasoline prices still so high with oil around $82?
The Doug Casey group is expecting oil to come down, possibly to less than $70 a barrel. Take a look at the list of topics here http://www.caseyresearch.com/cdd/world-of-energy. Will we see it at the pumps? If we don't, there might be some kind of rebellion among the common people. I'm surprised the people of Europe haven't rebelled already over what they have to pay for gasoline.