posted on Apr, 25 2011 @ 09:18 PM
EDIT - The first part of this presentation is filled with predictions concerning May Day and China and a host of other countries dumping the dollar as
the currency used to purchase oil and how this will cause a economic collapse in the USA... He has interesting bits of information, the second part of
the presentation is a sales pitch, I only suffered through a few minutes of it, before clicking it off... This thread is not about his sales pitch but
about his predictions.
This website was forwarded to me from ATS member Fury1984, we have no affiliation to Micheal Lombardi
. Mr Lombardi claims in this video
presentation that China has been secretly meeting with world government. These meetings were not reported in the US MSN even after the story was
leaked by Chinadaily and the story appeared in the Dailymail:
China and Russia abandon the
China and Russia are renouncing the U.S. dollar for trade, their premiers have announced.
Chinese Premier Wen Jiabao and his Russian counterpart Vladimir Putin said they will now use their own currencies for bilateral trade.
Chinese experts told the China Daily that the move reflects closer relations between the two countries and is aimed at protecting their own domestic
economies rather than challenging the dollar.
'So far we have been paying each other in foreign currencies, first of all in dollars. Now, and this is only the first step, trade in the rouble has
started in China. In December the yuan will be traded in Moscow,' Putin said.
Apparently before the meeting with Russia, China already held meetings with Brazil, Japan, France and most Gulf Arab states and the deal made with
Russia is the final nail in the USA's coffin financially, as these deals are all about halting the trade of oil in US dollars.
Here is the article from The Independent.
The demise of the dollar
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France –
to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new,
unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.
Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which
will mean that oil will no longer be priced in dollars.
The plans, confirmed to The Independent by both Gulf Arab and Chinese banking sources in Hong Kong, may help to explain the sudden rise in gold
prices, but it also augurs an extraordinary transition from dollar markets within nine years.
It seems that Mr Lombardi sources are correct now here is his presentation:
Will you be ready for the stock markets coming black monday may 2, 2011
We thought it would be a good idea to share this information with ATS and are interested in hearing your feed back on what this guy is claiming.
What say you ATS?
BTW just click the screen to pause the presentation.
edit on 25-4-2011 by LDragonFire because: (no reason given)