BRICS AND OTHERS FORMING THEIR OWN BANK TO BYPASS THE US I hope everyone knows that Asia is getting together to get themselves out of the U.S. banking system, so are the BRICS, funding a central bank to lend money to these countries without exploiting their resources like the West does. This is a sign the dollar is going to be destroyed. And if you do not know this, shame on you! However, Catherine Fitts says that the dollar will never fail because the US will defend the dollar with the military. So far they did, they killed Sadam because he said he was not taking the dollar for his gold any more. Of course they told YOU he WMDs to get you to send your precious sons over there. Ive tried to find Catherine on the Internet making a statement about this development but I havent been able to. President Kirschner (Argentina) has been in Brazil this week to work with other presidents on this and President Putin from Russia also attended. Russia is, of course, one of the BRICs. This is the sign we have been waiting for. The US is just piling on more sanctions. It has to be a deliberate move to take down the States. And as far as I can tell, Americans dont care. But I care about you guys. We dont have to go down with it. In fact, if we are smart, we can profit from it. Every crisis has within it opportunity but we have to look for it. I cant predict the future and I dont know what will happen but I do know if you have savings in dollars, you have some options, one is putting it in another currency, perhaps the Chinese. Everbank everbank offers this service. Or you can buy gold, either hold it personally (which is best but you have to be very careful and tell no one, I have known people to be robbed by their own family who knew they had it), or consider goldmoney or Perth Mint (one service for Perth is assetstrategies). Of course there are other things but this will get you started if you are completely new to this. I believe the dollar will fall because all empires in history have done the same thing the U.S. has done and their currencies are no longer in existence, Catherine Fitts notwithstanding. But Im not a pro. This is a heads up in case you are not keeping up with the news. I would even be skeptical of stocks held in the dollar, but of course, I dont know for sure. When Argentinas peso was devalued in Argentina you could buy real estate for very very little. I base a lot of my opinion on that. And if yuo can preserve y our own cash so that it does not get destroyed in the process, there will be all kinds of buying opportunities ahead. But not if you hold a devalued or defunct currency.
Posted on: Fri, 18 Jul 2014 07:45:06 +0000
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