Global Currency Reset

Discussion in 'General Precious Metals Discussion' started by JOHNLGALT, Jul 31, 2017.

  1. alor

    alor Well-Known Member Silver Stacker

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    JOHNLGALT likes this.
  2. alor

    alor Well-Known Member Silver Stacker

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    [​IMG]
     
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  3. alor

    alor Well-Known Member Silver Stacker

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  4. JOHNLGALT

    JOHNLGALT Well-Known Member

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    I always read stuff like that Zero Hedge & other websites & anything to do with the way things are headed in the direction of a return to 'REAL MONEY' .
    The main thing for people who are following the story is, (I think) making sure you are protected from the effects of the 'RESET', which is a 1 in a 105 year event (at the moment), by acquiring real assets with the paper 'THEFT CERTIFICATES' (called currency), which allows people using said 'THEFT CERTIFICATES' (called currency), to acquire real assets (GOLD & SILVER). Rant off. _JOHNLGALT.


    p.s. For morons & the intellectually challenged who don't like large font, Bold font, coloured font and anything out of the ordinary, $T!FF $#!T.
     
  5. JOHNLGALT

    JOHNLGALT Well-Known Member

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    They say a picture is worth a thousand words @alor.
     
  6. alor

    alor Well-Known Member Silver Stacker

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    [​IMG][​IMG]
     
    Last edited: Oct 7, 2018
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  7. alor

    alor Well-Known Member Silver Stacker

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    These are the latest numbers available from SWIFT.

    By December last year, this was the volume of international payments by currency:

    US dollar: 41 percent
    Euro: 39.45 percent

    Guess what's gonna happen as soon as the EU-3 implement their special provision related to payments for trade with Iran.

    The yuan is at only 1 percent. For now.

    Pepe Escobar
    October 4 at 6:18 PM
     
  8. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    The yuan will still be trading at 1 percent
     
  9. alor

    alor Well-Known Member Silver Stacker

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    yes, Yuan traded mostly outside of swift
     
  10. alor

    alor Well-Known Member Silver Stacker

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  11. alor

    alor Well-Known Member Silver Stacker

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  12. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I think gold has already bottomed in August. Since then, China has lost control of gold prices. Gold is appreciating while Yuan depreciates. Possible due to the fact that too many people in Cihna are exchanging their Yuan for gold. If I hold Yuan, I'll exchange all of it for AU.

    Of course, I maybe wrong, but what do I know? :D
     
  13. JOHNLGALT

    JOHNLGALT Well-Known Member

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  14. JOHNLGALT

    JOHNLGALT Well-Known Member

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    This is not a link, but a guide to what the above video is about.
    NOT A LINK.JPG
     
  15. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    LOL....I watch this last night. Worth watching.
     
  16. alor

    alor Well-Known Member Silver Stacker

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  17. alor

    alor Well-Known Member Silver Stacker

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  18. glam

    glam Member

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    Give the UAE currency is pegged to the US$, they may as well still be trading in US$.
     
    paruwka and mmm....shiney! like this.
  19. alor

    alor Well-Known Member Silver Stacker

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    in very slow motions, trading out of their usd holdings

    China & Japan lead global dumping of US sovereign debt

    https://on.rt.com/9kq1




     
  20. alor

    alor Well-Known Member Silver Stacker

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    how they will be play out must be similar to the trade wars and sanctions etc
    China imports zero U.S. soybeans in November

    https://www.euronews.com/2018/12/24...Social&utm_source=Facebook#Echobox=1545662621

    how is the 0 oil export from Iran doing ? oil is still flowing as usual

    if the Yuan falls back to gold, the USD will be automatically rejected in their trades

    so there is no currency reset, but a forced re-set
     

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