IMF
by Anonymous Questions | September 20, 2015 5:36 pm
Folks, I would like to hear or see some response to all of these sites out there proclaiming the end of the dollar by the IMF. These articles are now touting the 20th of Oct as the end of time for anyone with a 401 or Ira. I would like to know what your people think on the subject. Please and Thank you.
Source URL: https://www.stockgumshoe.com/2015/09/microblog-imf/
The IMF is meeting on or around Oct. 20th. What is most likely to transpire during that meeting is China’s currency the Yuan or Renimbi will more likely than not become the 8th (currently there are 7) reserve currency in the world. China has purchased alot of gold over the last 5 years. Exactly how much? No one really can answer that question outside of the country of China. Their financial data (at least that which they will reveal to the rest of the world) is questionable at best. Insofar as the dollar, this meeting will at the very least reveal the dollars near future. As most know the NWO’s financial goal as one part of their multi-layered agenda is a one world currency. You-Tube has numerous videos of certain NWO individuals like Lord Jacob Rothschild publicly admitting this very fact on video on numerous occassions. It’s no secret at this point. One day I’m sure they will begin talking publicly about depopulation and how it is needed and how humanity will truly benefit from an 85% population decline globally. Just read what is written on the Georgia Guidestone. It is stated on this Guidestone an optimal global population is 500,000 written by a character by the name of R.C. Christian ( an obvious alias by someone representing those whom I call The Decision Makers ). The Georgia Guidestone was created in 1979. Today, the global population is over 8 Trillion Human Beings. An 85% decline in the current global population would bring the global population to around 500,000. Point Made.
Please, that is 7+ BILLION, not trillion for the current human population. Plus 85% decline of 8 trillion would not be 500k but about 1.2 trillion. You would have to reduce the population by ~99.9999375% to get to 500,000. For the real current population of about 7.25 billion you would have to reduce it only by ~99.9993%.
My God I made an error. I did not realize humans were capable of making mistakes. And besides, you knew exactly what i meant!
That was funny. Thanks!
It would be funny, if most of it wasn’t exactly on point.
After spending the last 14 years on the research of Monetary Policy after WWII, and the amazing growth of Germany, I have found that almost no one really has done the research on reserve currencies. The dollar is in demand world wide because the USA has a very affective military. And up to the last 6 years a stable government based on a constitution. Until the Neo Fascist Left takes over the entire government the dollar will remain strong. A stronger dollar is the sole reason that attacks on the dollar by China or Russia [they have their own problems] is totally void …, The dollar will remain strong and the reserve currency of choice as long as the US Military can secure the US Markets … !
The comment by ELLIS BAXTER indicates hat he believes the USA is the centre of the universe. Good luck.
According to Jim Rickards the decision to include the Yuan has been delayed to March 2016 and actual implementation until September 2016. Something about end-of the-year illiquidity and shock to the markets if they did it end of 2015. He discusses this in his latest newsletter (and somewhere else for free if I remember correctly)
Yes, I’m familiar with Jim Rickards ( he knows his stuff), I receive his Strategic Intelligence Newsletter and haven’t read the latest copy mailed to me a few days ago. However, if he says it, it is more likely than not right on point. He is an excellent person to follow ; he has impeccable connections.
Ok I agree that we don’t trust China, but is the US much better. We are broke as a country.
How long before we lose the world currency? No one talks about it, heck we are an election coming up.
I’ve read endless doom about the supposed death of the US dollar as a reserve currency and the supposed catastrophe that would induce.
I will predict that the US dollar will be one of the reserve currencies for at least 100 years. The issue is that the planet needs some kind of common currencies. Whoever is among the best and largest will take that place. It’s a relative, not absolute measure. Chinese renminbi will join the dollar and euro as a reserve currency, but the Chinese government will need to open their system and have a fully internationally tradable bond market, and that means giving up control.
The British pound is still a liquid and internationally tradable currency with a deep bond market 70 years after it stopped being the reserve currency of the world.
Stop with the doom porn. In the 2008 financial crisis centered in the US investors jumped on to US treasuries, didn’t sell them in a panic.
Who else will take the place of the US? Other than India what other big nations or blocks will rise, much less take over? India is 50 years behind China.
Euro dollar and renminbi will be world currencies for decades. The euro is the weak one of the bunch because it’s not nationally secure, and China may arbitrarily change rules to disadvantage foreigners. That leaves the dollar as the least worst alternative.