BULLDOG75: GULF EMIRATES TO ACCEPT RMB !!!
Staying objective in this day and time is crucial to one's piece of mind. there's no need to stress and fret. Let us understand one thing that is coming to absolute fruition; and that is that the RMB will be a Currency reserve and technically it already is because there are dozens of countries exchanging that RMB directly and leaving out the US dollar. Our IQN & Dong manna comes forth very quickly. Gold and silver is currency since the beginning of its existence. Silver cannot be mined fast enough to satisfy the need. Take a look at this Dr Jim Willie post for even more objectivity. Knowledge is valuable. Here's a high probability glimpse of the future. Let's think and play smart. I love you all.
Jim Willie: The Steps Towards $10,000 Gold and $400 Silver
Coupled with broadbased RMB (renminbi) trade settlement and more purchase of Chinese Govt debt securities, the movement will be on to finally initiate the grand dump of US Treasurys from Eastern banking systems. Then later the entire world (except for England and Canada and certain Western European coulee nations) will diversify out of USTBonds in their banking systems.
The result will be then a forced reaction by USFed and USDept Treasury to launch the New Scheiss Dollar, which will at the outset have a phony gold foundation. A formal international audit process will break down the fraudulent basis, and lead to a series of painful New Dollar devaluations. Then comes the import price inflation, the supply shortages, and the civil disorder.
states Dr. Jim Willie of the Hat Trick Newsletter in November.
In reaching these levels, the ratio will return to the 25-1 range. Several steps have been laid out by the Hat Trick Letter toward the return of proper price to precious metals.
The major upcoming events will be exciting to watch unfold, one after the other, in an inevitable sequence away from fascism and concentrated uni-polar power, with a strong movement toward freedom and equitable systems with distributed power.
The process will take a few years, but might be breath-taking in speed once the process is begun. The steps involve: