THE TIME TO STACK IS SHORT!!! Emergency Financial Information, this is not a Drill!
Jim Rickards, of Currency Wars fame is saying 1-1-2018 is the End of U$D Dominance... One strategy to hedge your wealth (or just keep some of the money you have now) is to buy Silver, and Gold. I have been micro-stacking Copper Cents for quite some time, as well as a good bit of Silver, and a bit of Gold. Plus the other semi-precious metals, Lead, Brass, and Shootin' Irons ;)
The IMF is reportedly going to use the SDR or Special Drawing rights basket of currencies as the new WRC (World Reserve Currency) instead of the U$D as prime WRC. The SDR "Basket" includes the U$D, but also includes the Chinese ¥uan, which is not currently part of the WRC mix. The WRC is currently dominated by the U$D @ 62% but the current ratios of the SDR only has the U$D at 40% and this could be changed at the same time, most likely to a lower level. The 1-1-2016 scheduled change, which was delayed and then scrapped had the U$D reduced to 31% of WRC and had China added in at a Projected 50% share. ( I saw the IMF website plans, it was on there until they revealed that the ¥uan was not quite ready for Prime Time) This is "Plan B" and supposedly ready for 1-1-18...
Here's an older article from my home financial website of Silver Doctors, dated 9-11-17:
If this happens as intended, expect a major U$D devaluation of approximately 38% almost immediately, and huge financial tremors throughout the United States. The global elitist cabal is really PO'ed that "The Donald" won, and killed off their TPP bullsh!t and other programs that were slated to happen. I expect they will do whatever they can to derail Trump and the America First Patriots, so stay tuned for more updates. Rickards is a retired CIA Financial Analyst but he was not a spook, just a hired hand. I do not believe he is issuing propaganda, but is telling the truth as he sees it. We do not have long for this one to be proven one way or the other!
I expect a huge influx of U$D into the crypto space, especially from international holders of U$D. They will be dumping Dollars as fast as possible when/if this happens, before the dollars are worthless. Remember the "New $100 Bills"? I suspect the old and oft-counterfeited Benjamins will be no longer accepted, at least from outside the US. Trump also stated that the US debt could be defaulted, so US Government and Treasury Bonds may be worthless as well.
Image Credit: missiongalacticfreedom.wordpress.com
Godspeed to you all, and please be ready for some tremors.
Things could get a bit rough early next year... Expect the unexpected!
we are in for a very bumpy ride, hold on tight! :)
I always expect the unexpected
Dang! Your entourage really loves you <3
:D
PS: I expect no less than your level of expectations!
Interesting info. Thanks for sharing.
I'm ready 😎
Me too, but more time would be good. However, it would just be to add more "icing on the cake" pretty much ;)
Time to trade in those soon-to-be worthless pieces of paper for more physical assets.
The race is ON!
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