Topic: The Best Kept Secrets of The Dollar
Sojourning_Soul's photo
Tue 09/30/14 07:22 AM
Edited by Sojourning_Soul on Tue 09/30/14 07:24 AM

Just a refresher course for late comers and those not investing in precious metals yet.

http://www.youtube.com/watch?v=1_uLwHFR2aA#t=487

Why?

China to start direct currency trading with euro -�� Tomorrow

http://investmentwatchblog.com/china-to-start-direct-currency-trading-with-euro-tomorrow/

The Shanghai Gold Exchange Continues to Grow

https://smaulgld.com/shanghai-gold-exchange/


Remember who our nation borrows money from mostly? Who holds the majority of American debt (outside the FED who keeps printing more, devaluing it...... while the debt clock ticks past $17 TRILLION!)

Your FRN's (Americas fiat money) is being devalued daily while China holds our debt and our gold!

And when China starts dumping, and flooding the market with our paper promissory notes, backed by Middle East oil agreements, in a time of conflict tearing it apart, while backing theirs with gold, which horse would you back in the race if you weren't from the USA?

Economists say the dollar has until the end of the year! All say 2015 will bring some kind of collapse to the dollar....a market correction..... and predict it will be BIGGER than the housing bubble crash!

No matter how big or small, our dollar, if it survives, will be worth far less than it is today!

Good luck everyone!

smart2009's photo
Tue 09/30/14 07:36 AM
Russia and Iran plan on replacing the U.S. dollar with their national currencies for the settlement of bilateral trade transactions.
Russia has long been a proponent of reducing the dollar's pre-eminence in international trade, a position that became top priority this year after Western sanctions over the crisis in Ukraine cut off Russian state banks and energy majors from U.S. and EU capital markets.
Earlier this month, Russia and China agreed to settle more of their future bilateral trade using the ruble and yuan. Russia and North Korea in June also agreed to switch to rubles for trade payments.