Sjuggerud’s claim of IMF revaluing dollar as reserve currency

By nickperrone, October 18, 2015

Steve Sjuggerud who is with Stansberry Research first said IMF dollar revaluing will happen October 20, 2015 and now in October 2016. This event will purportedly cause much trauma to the market. Any comments or thoughts on this potential occurrence? It sounds plausible as the Chinese Yuan is not part of the current basket of currencies. But China’s economy has been slipping of late. Maybe that’s why I believe Sjuggerud slipped his prediction by a year.
Nick

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