China snubs U.S. dollar!
Calls for new world currency!
by Larry Edelson
Dear Subscriber,
If you think everything you've witnessed in the economy over the last two years is virtually unprecedented, think again.
The People's Bank of China — the central bank for 1.3 billion people and America's biggest creditors — has just issued an economic report calling on the world to replace the U.S. dollar as the world's reserve currency ... and for the International Monetary Fund to issue a new, single "super-sovereign currency."
Make no mistake about it: As China and other major nations with surplus reserves move steadily forward with this new mission, it could have massive implications for almost everything you own.
It could impact every single stock traded in the U.S.
It could affect the value of every long-term Treasury bond ... corporate bond ... and municipal bond.
It's bound to send gold soaring through the roof ... and could spark another rocket ride higher in the prices of oil and gas.
But as much as I don't like it, it comes as no surprise to me, or to anyone who has been following the patterns of history over the years.
Indeed, there is a little-known nonprofit foundation that pinpointed the timing of this dollar's decline many years before it began. They did it with
A scientific market timing methodology
that has been largely hidden from
investors for nearly 80 years!
And you'll learn how in our upcoming online investment briefing this coming Tuesday, June 30 ...
SOLVING THE TIMING MYSTERY, PART TWO
Plus, you'll also learn of ...
The startling forecasts we're now making for the rest of 2009 and through 2012 ...
The three massive economic cycles that will be converging to create "The Perfect Storm" and how they will impact stocks ... gold ... silver ... the dollar ... and more over the next three years ...
7 specific investment recommendations designed to help you harness the money-making power of long-term and shorter-term cyclical convulsions in these markets and ...
How you can USE this paradigm shift in investment timing with specific "buy" and "sell" signals to sharpen your investment timing both over the long term AND ALSO to help you profit from shorter-term fluctuations along the way.
But the ONLY way to make sure you get this crucial information is to click this link to reserve your place now!
Warning: Registration ends tomorrow!
Best wishes,
Larry
About Money and Markets
For more information and archived issues, visit http://www.moneyandmarkets.com
Re: China snubs U.S. dollar!
Lol. Tell me something I don't know.
Re: China snubs U.S. dollar!
Of course they do. They are copy cats of us. They want to be like the US and they'll do whatever they can to get there.
Re: China snubs U.S. dollar!
You may be right about that but the Chinese are amking it np secret that they want to be world super powers.
Re: China snubs U.S. dollar! Ya Right. They need to rise
This is bull****. They are using the currency scare to make money selling their advice. The US dollar will remain the world currency and I don't believe China wants it any other way. Why would they want the US dollar out of power when they hold more of it than anyone. This is just another scare tactic.
Re: China snubs U.S. dollar!
I don't get the Chinese. They are liars in my opinion. It was only two weeks ago they said they had confidence in the US dollar. Who knows what to believe anymore.