Breaking news from China's ZGC Focus economics - Dollar is dead?, page 4

reply to post by highlyoriginal

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Sorry, but the time to stock up on gold and silver passed a couple years ago. This should have already been done. It is so hi and over priced, that unless you have a wealth of funds, this is not the most appropriate way to go anymore. You can eat food, barter toilet paper and ammo. Stock up on loose change, it will still be good if the system goes flop. Before 1960 something I think, google it, many of the silver coins were in fact silver, get some of those if you can. You will not beable to buy a loaf of bread with an ounce of Gold, who would be able to make change for it? If you have gold, great, save it for your large purchases like generators and what not when the economy flushes.

In the following image, a lower value in the graph means the Gold is worth more. (less ounces per dollar)

Data source:

www.oanda.com...

Originally posted by spikey
reply to post by Dermo

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It's a bit naive to think that these years of planning for a new currency have not been already planned for years ago...of course that would imply that the global financial 'crisis' was engineered deliberately to usher in a global economy and government.
Too far out to believe? In the style of Cuba Jr. of Jerry Maguire: SHOW ME THE MONEY! Or us, in this case.

Yes, I am a believer of the more conservative version of the "New World Order" conspiracy.. BUT.. I am also a realist..

It is going to be at least a century before there is a proper One World Currency.. Simple as. The IMF currency will act as a reserve liquidity tool and base for failing currencies and deteriorating economies until it evolves over the next couple of decades.

For the next 20 years, the Dollar and the Euro will be dominant in the world markets until the Chinese currency is allowed float.. and by that stage, China will be only a couple of trillion off the GDP of the US and just over a half the size of the EU GDP which will give it serious pulling power.. but its not what the serious 'New World Order' conspiracy theorists want it to be.. Economics just don't work that way.

The IMF currency is the new global currency for the time being, it will gain serious momentum and evolve to be a global reserve over the next couple of decades, its set in stone.. especially with the Investors that are backing it... But Single currency that replaces the Pound, Euro and Dollar it is not.

yo peeps check this out
www.google.com...

and one artical from forbes
www.forbes.com...
.
remember the last summit someone introduced a new currency coin

This remains on the front page STILL?

But the following didn't even make it?

www.abovetopsecret.com...






[edit on 27-9-2009 by GorehoundLarry]

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