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 2014 will be the year of the currency reset and gold backed trade note

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PurpleSkyz
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PostSubject: 2014 will be the year of the currency reset and gold backed trade note    Sun Jan 05, 2014 12:04 pm

2014 will be the year of the currency reset and gold backed trade note

By: Kenneth Schortgen Jr   - Finance Examiner
 
 

On Dec. 26, financial analyst and statistician Dr. Jim Willie provided a look at major economic events that will take place and shape the global financial system in 2014. Of the several key changes set to occur in how nations trade amongst one another, the two primary events. that of a currency reset and the implementation of a gold backed trade note, will be the catalyst for China's vision of a de-Americanized financial order.
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The next year will feature many powerful new effects. The Indirect Exchange will become a prominent fixture, its channel filled. It will direct many $billions in USTreasury Bonds from large scale asset acquisitions by Eastern and BRICS players, sent back to New York and London. The payments for the asset purchases will be done in USTBonds, as the Eastern entities dump them as fast as they can before the great devaluation.
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But the biggest shock waves will come from the currency reset followed by the introduction of the Gold Trade Settlement. The return of the Gold Standard is near, but it will arrive on the trade vehicles, not the FOREX currency or SWIFT bank platforms. It will feature the Gold Trade Note, used as letter of credit. - Goldseek
At least 23 nations have already prepared for a new trade system that will occur outside the dollar and Swift systems. Through their moves away from reliance on the dollar via the creation of new currency swap lines, major economic powers are transitioning away from the 42 year old petro-dollar system that saw America devalue its currency nearly 98%, and export inflation to the rest of the world.


A global currency reset is inevitable, especially when you consider that the historic life cycle of a purely fiat currency is only 30 years, with a maximum length of 42 years. This falls in line with the U.S. dollar which has been a purely fiat currency since President Nixon took America off the gold standard in 1971, and subsequently allowed the central bank to grow the economy with debt rather than sound money and real production.

2013 will go down in history as the year of global currency wars. But intermixed in this financial conflict will be the rise of China, and their plans for a new financial order. And as Dr. Willie points out in his assessment for the coming year, when the global currency reset happens, the vacuum that will occur will not be void for long, and will be quickly filled by China with two new options that promise greater stability than what the U.S. had offered for more than a decade.

Suggested by the author
China offers next step in removing dollar from reserve currency status
Harbinger: 23 countries begin setting up swap lines to bypass dollar
Dollar no longer primary oil currency as China begins to sell oil using Yuan
China's government-owned media calls for immediate world order and new currency
Banks could begin charging customers on their own money if Fed tapers QE
Posted by enerchi at 1/04/2014 11:00:00 AM


Thanks to: http://www.ascensionwithearth.com


  

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Herb Lady

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PostSubject: Re: 2014 will be the year of the currency reset and gold backed trade note    Sun Jan 05, 2014 12:59 pm

Peachy.  Just what part of this year is this suppose to happen?

Thanks for sharing!


Take care of the land and the animals and they will take care of you!

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PostSubject: Re: 2014 will be the year of the currency reset and gold backed trade note    Sun Jan 05, 2014 1:03 pm

HL I think we all need to forget about the reset happening and fill our time with that which really matters.

I for one am done with this other than to bring info to others. I think it is all cabal.

We have always stood on our own and will continue to do so if that is what we bring to ourselves.

But this is just my opinion and others should do what they feel is correct for themselves.


  

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Herb Lady

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PostSubject: Re: 2014 will be the year of the currency reset and gold backed trade note    Sun Jan 05, 2014 1:35 pm

I think you misunderstood my sarcasim in that question.  Yes it is my question, but in a non-convenced way that it will ever happen.  Not that we wouldn't like for it to, but we have just lost faith in it.


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PostSubject: Re: 2014 will be the year of the currency reset and gold backed trade note    Sun Jan 05, 2014 2:54 pm

opps! sorry HL. But I did not think you believe all the crap.. I know better. You are one sharp woman. :)

yep just not feeling it coming about anytime soon. unfortunately

  


  

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NanneeRose
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PostSubject: Re: 2014 will be the year of the currency reset and gold backed trade note    Sun Jan 05, 2014 3:58 pm

I think it's a pile of shit myself! We are definately not looking for this anytime soon!


It's the simple things, small every day deeds of ordinary folk that keep the darkness at bay. Small acts of kindness and love.......~Gandalf~



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