Re:
the president of the UN really liked your guy
hi jeff .. i got this article from a freind .. since i have no=idea about money .. what do you think? my savings are in us dollars? =98? :D
The IMF officially green-light=d the acceptance of China's currency — the Yuan — =nto the IMF's foreign exchange basket. According to Reuters, this =ove paves the way for the IMF to place the yuan on a par with the US dollar. This is t=e latest in a series of global
developments that threatens to eliminate the US dollar as the=world's reserve currency. Experts predict this announcement =ill trigger one of the most profound transfers of wealth in our lifetime.=C2. So if you want to protect your savings & retirement, you better =et your money out of US dollar investments and into the one asset class th=t rises as currencies collapse.
The IMF Holds Supreme Power
The International Monetary Fund, or IMF, is one of the most secretive=and powerful organizations in the world. They monitor the financial =ealth of
more tha= 185 countries. They establish global money rules and provide "bai=-out" assistance to bankrupt nations. Some are warning that =ny move by the IMF to supplant the US dollar could be catastrophic to Amer=can investments.
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green-lighted the And acceptance now, the =MF of China's has made currency=/div> the first move. As reported by The Wall Street Journal, =he IMF officially
— the Yua= — into the IMF's foreign exchange basket. This mark= the first time in history the IMF has expanded the number of currencies i= the foreign exch=nge basket. This means that the Chinese currency will now become a v=able global alternative to the US dollar.
According to Juan Zarate, who helped implement financial sancti=ns while serving in George W. Bush's Treasury department, 4)=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 "is likely to transform the financia= landscape in the next 5-10 years."
Currency expert Dr. Steve Sjuggerud warned, "4=99ve been active in the markets for over two decades now, but I've=never seen anything that could move so much money, so quickly. The a=nouncement will start a domino effect, that will basically determine who i= America gets rich in the years to come, and
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who struggles.
Dr. Sjuggerud says if you own any US "paper" as=ets - and that includes stocks, bonds, or just cash in a bank account 4>=800 you should be aware of what's
about to happen and know how to prepare. A=number of experts believe a recent spike in gold and silver prices is a di=ect result of the IMF's action. Precious metals notoriously =ise when the US dollar falls.
=he Death of the US Dollar in One Frightening Graph
For the last 600 years, there have been six different =lobal reserve currencies controlled by world superpowers. The latest 0=800 the US dollar — has dominated world currency for over 80 yea=s. The alarming fact is, global reserve currencies have collapsed every 80-90 years for the =ast six centuries! What does this mean for America and the dominance of th= US dollar? Based on recent evidence and long-standing historical trends,<=div> experts predict th= imminent collapse of the US dollar! What's more alarming? Many Am=ricans aren't yet doing the one thing that will save their savings=& retirement from US dollar collapse.
Just take a look at the graph below. It shows the lifespan of d=minant currencies going back 600 years. Notice that the US dollar has now =een the dominant currency for 88 years, about the same length of time as i=s predecessors.
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It's o=vious why experts say that the US dollar's days as the world*=99s reserve currency are coming to a climactic end.
All Fiat Currencies Collapse
"Fiat" currency is paper currency backe= by nothing tangible. As opposed to "sound money" which is=backed by gold or some other valuable commodity, a fiat currency is backed=by nothing more than faith in the government. The US dollar has been a fia= currency since Nixon closed the gold window in
1971in what was the greatest heist in Ameri=an history. The scary fact is, the average 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 well over 100 years, the do=lar was backed by gold, and $20 bought you an ounce of gold. But after the=government stole all US citizens' gold in 1933 for a $20 paper cer=ificate, gold was revalued at US$35, meaning the dollar was devalued by 43= overnight and all foreign and domestic holders of dollars were effectivel= robbed.
After Nixon closed th= gold window completely in 1971, it took $67 to buy an ounce of gold, deva=uing the US dollar by 5O% again. Today, it takes well over a thousand US dollars to buy that=same ounce of gold. Why? Because the US dollar is now nothing more than a fast-declining Fed=ral Reserve note backed by a corrupt government that is saddled with $18 t=illion in unpayab=e debt — growing by $10 million per minute!
Protect Yourself Before It's Too Late
This "Paper Money Experiment=E2** has run its course. The Federal Reserve, the US government, and W=ll Street crooks have misused their power by
mismanaging the dollar, and now there are globa= repercussions. The debt load sitting on top of the US dollar is unsustain=ble and will continue to crush the dollar's purchasing power until=no one wants to hold US dollars, and they are no longer accepted for glo=al trade. The dollar's collapse means that every single one of you= paper investments that are dollar-backed
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— stocks, mutual funds, money markets, cas= accounts, etc — will go down right along with the dollar! Meanwhi=e, the government and the banks will find a way to protect themselves at y=ur expense ... H
So as =e say goodbye to the U.S. dollar's dominance, it doesn't h=ve to meangoodbye to your savings & retirement. Remove at least some o= your savings &
retirement from the dollar-backed, paper-based financial system and prot=ct it with the one asset that has outlasted every fiat currency ever inven=ed for the last 5,000 years: Gold.
The above must be read by everyone ...
The US Govt is both corrupt and a thief ... ! Q=80 Sent from my iPhone
do nothing. ask again next week
