Re:
the president of the UN really liked=your guy
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hi jeff .. i got this ar=icle from a freind .. since i have no idea about money .. what do you thin=? my savings are in us dollarsππ
The IM= officially green-lighted the acceptance of China's currency Q=804> the Yuan β into the IMF's foreign exchange basket. A=cording to Reuters, this move paves the way for the IMF to place the yuan<=div> on a par with the US dollar. This is the latest in a series of glo=al
developments that threatens to eliminate the US dollar as the world=E244s reserve currency. Experts predict this announcement will trigger one of the most profound transfers of wealth in our lifetime. =o if you want to protect your savings & retirement, you better get you= money out of US dollar investments and into the one asset class that rise= as currencies collapse.
The IMF Holds Supreme Power =br> The International Monetary Fund, or IMF, is one of the most secreti=e and powerful organizations in the world. They monitor the financia= health of more than 185 countries. They establish global money rules a=d provide "bail-out" assistance to bankrupt nations. =Some are warning that any move by the IMF to supplant the US dollar could =e catastrophic to American investments.
And now, the IMF has ma=e the first move. As reported by The Wall Street Journal, the IMF of=icially green-lighted the acceptance of China's currency
Q=93 the Yuan β into the IMF's foreign exchange basket.Q=A0 This marks the first time in history the IMF has expanded the number of=currencies in the foreign exchange basket. This means that the Ch=nese currency will now become a viable global alternative to the US dollar=
According to Juan Zarate, who helped implement financial sanct=ons while serving in George W. Bush's Treasury department, Q=9COnce the [other currency] becomes an alternative to the dollar, rules of=the game begin to change."
Leong Sing Chiong, Assistant=Managing Director at a major central bank, said this dollar alternative =E2nis likely to transform the financial landscape in the next 5-10 ye=rs."
Currency expert Dr. Steve Sjuggerud warned, Q=9CI've been active in the markets for over two decades now, but I=E2Q.ve never seen anything that could move so much money, so quickly.=C2Q The announcement will start a domino effect, that will basically det=rmine who in America gets rich in the years to come, and
who struggles.=/div>
Dr. Sjuggerud says if you own any US "paper" as=ets - and that includes stocks, bonds, or just cash in a bank account Q=804, you should be aware of what's about to happen and know ho= to prepare. A number of experts believe a recent spike in gold and =ilver prices is a direct result of the IMF's action. Preciou= metals notoriously rise when the US dollar falls.
The Death of=the US Dollar in One Frightening Graph
For the last 600 years, =here have been six different global reserve currencies controlled by world=superpowers. The latest β the US dollar β has dominated wo=ld currency for over 80 years. The alarming fact is, global
reserve c=rrencies have collapsed every 80-90 years for the last six centuries! What=does this mean for America and the dominance of the US dollar? Based on re=ent evidence and long-standing historical trends, experts predict the i=minent collapse of the US dollar! What's more alarming? Many Ameri=ans aren't yet doing the one thing that will save their savings &a=p; retirement from US dollar collapse.
Just take a look at the =raph below. It shows the lifespan of dominant currencies going back 600 ye=rs. Notice that the US dollar has now been the dominant currency for 88 ye=rs, about the same length of time as its predecessors.
ItQ=99s obvious why experts say that the US dollar's days as the world=8244s reserve currency are coming to a climactic end.
All F=at Currencies Collapse
"Fiat" currency is paper=currency backed by nothing tangible. As opposed to "sound moneyQ=80Q which is backed by gold or some other valuable commodity, a fiat cur=ency is backed by nothing more than faith in the government. The US dollar=has been a fiat currency since Nixon closed the gold window in 1971in =hat was the greatest heist in American history. The scary fact is, the ave=age life span of a fiat currency is 40 years, and the US dollar has now=exceeded 40 years as a fiat currency!
Prior to 1933 and for wel= over 100 years, the dollar was backed by gold, and $20 bought you an ounc= of gold. But after the government stole all US citizens' gold in =933 for a $20 paper certificate, gold was revalued at US$35, meaning the d=llar was devalued by 43% overnight and all foreign and domestic holders of=dollars were effectively robbed.
After Nixon closed the gold wi=dow completely in 1971, it took $67 to buy an ounce of gold, devaluing the=US dollar by 50% again. Today, it takes well over a thousand US dollars=to buy that same ounce of gold. Why? Because the US dollar is now nothi=g more than a fast-declining Federal Reserve note backed by a corrupt gove=nment that is saddled with $18 trillion in unpayable debt β gro=ing by $10 million per minute!
Protect Yourself Before It4,=99s Too Late
This "Paper Money Experiment" has =un its course. The Federal Reserve, the US government, and Wall Street cro=ks have misused their power by mismanaging the dollar, and now there ar= global repercussions. The debt load sitting on top of the US dollar is un=ustainable and will continue to crush the dollar's purchasing powe= until no one wants to hold US dollars, and they are no longer accepted =or global trade. The dollar's collapse means that every single one=of your paper investments that are dollar-backed β stocks, mutu=l funds, money markets, cash accounts, etc β will go down right al=ng with the dollar! Meanwhile, the government and the banks will find a wa= to protect themselves at your expense ... H
So as we =ay goodbye to the U.S. dollar's dominance, it doesn't have=to meangoodbye to your savings & retirement. Remove at least some of y=ur savings & retirement from the dollar-backed, paper-based financi=l system and protect it with the one asset that has outlasted every fiat c=rrency ever invented for the last 5,000 years: Gold.
The above=must be read by everyone ...
The US Govt is both corrupt =nd a thief ... ! oii Sent from my iPhone
do nothi=g. ask again next week
i guss now i know what you meant when =ou said ask me in a week*
See how easy? :)
