OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Pfizer to Roll Out Omicron Shot in March
Major Reset of Currencies Worldwide Happening Now EmptyToday at 11:10 am by PurpleSkyz

»  Denial of Natural Immunity ‘Unprecedented in Modern History’
Major Reset of Currencies Worldwide Happening Now EmptyToday at 11:04 am by PurpleSkyz

» 5G Apocalypse: The Extinction Event – Film by Sacha Stone
Major Reset of Currencies Worldwide Happening Now EmptyToday at 10:28 am by PurpleSkyz

» MEATLOAF DIES - IS HE ANOTHER VICTIM?
Major Reset of Currencies Worldwide Happening Now EmptyToday at 10:22 am by PurpleSkyz

» The Globalization of Human Rights Violations: “The Right to Live a Dignified and Decent Living”
Major Reset of Currencies Worldwide Happening Now EmptyToday at 2:33 am by PurpleSkyz

» INTERNATIONAL COURT LOOKS INTO COVID19 CRIMES AGAINST HUMANITY - GENOCIDE REVEALED
Major Reset of Currencies Worldwide Happening Now EmptyToday at 2:27 am by PurpleSkyz

» Truckers for Freedom Organize Huge Protest Against Vaccine Mandates & Supply Chain Shortages to Come
Major Reset of Currencies Worldwide Happening Now EmptyToday at 2:23 am by PurpleSkyz

» British Medical Journal: ‘Pharma Must Release of All Vaccine and Treatment Data Immediately’
Major Reset of Currencies Worldwide Happening Now EmptyToday at 2:00 am by PurpleSkyz

» Supply chain nightmare approaching as Canadian cross-border vaccine mandate goes into effect for U.S. truckers
Major Reset of Currencies Worldwide Happening Now EmptyToday at 1:53 am by PurpleSkyz

» Adrienne Pan: 43-year-old CBC Edmonton radio host disappears from social media for months, dead after post-Moderna “serious illness”
Major Reset of Currencies Worldwide Happening Now EmptyToday at 1:50 am by PurpleSkyz

» Czech Prime Minister Ends Vaccine Mandates: ‘We Do Not Want to Deepen the Rifts in Society’
Major Reset of Currencies Worldwide Happening Now EmptyYesterday at 2:49 pm by PurpleSkyz

» Former White House Physician Demands Biden Take Cognitive Test After Weird Presser Breakdown
Major Reset of Currencies Worldwide Happening Now EmptyYesterday at 1:26 pm by PurpleSkyz

» Ghislaine Maxwell files for a RETRIAL
Major Reset of Currencies Worldwide Happening Now EmptyYesterday at 1:21 pm by PurpleSkyz

» Curiosity rover finds possible evidence of life on Mars
Major Reset of Currencies Worldwide Happening Now EmptyYesterday at 1:13 pm by PurpleSkyz

»  US Airlines: ‘Dangerous 5G Rollout Will Grind Commerce to a Halt’
Major Reset of Currencies Worldwide Happening Now EmptyYesterday at 12:26 pm by PurpleSkyz

» Parents Outraged Over Photo of Teacher Taping Mask to Child’s Face
Major Reset of Currencies Worldwide Happening Now EmptyYesterday at 12:20 pm by PurpleSkyz

» Pandemic Narrative Undergoes Radical U-Turn
Major Reset of Currencies Worldwide Happening Now EmptyYesterday at 12:12 pm by PurpleSkyz

» NHS Doctor Tells Patient NOT to Take Covid Vaccine Because They Will Be PULLED Soon
Major Reset of Currencies Worldwide Happening Now EmptyYesterday at 11:57 am by PurpleSkyz

» Maine Doctor Loses License, Ordered to Undergo Psych Evaluation for Treating Covid Patients with Ivermectin, ‘Spreading Covid Misinformation’
Major Reset of Currencies Worldwide Happening Now EmptyYesterday at 11:48 am by PurpleSkyz

» The doctor who quit her job after being suspended for promoting ivermectin, criticizing mandates sues Houston Methodist
Major Reset of Currencies Worldwide Happening Now EmptyYesterday at 11:42 am by PurpleSkyz

» EUDRA Stats thru January 15th, 2022
Major Reset of Currencies Worldwide Happening Now EmptyYesterday at 11:37 am by PurpleSkyz

» The Political Timing of the End of the Pandemic
Major Reset of Currencies Worldwide Happening Now EmptyWed Jan 19, 2022 7:54 pm by PurpleSkyz

You are not connected. Please login or register

OUT OF MIND » SUPER SCAMMERS!! RV & DINARIAN FRAUDS & THOSE THAT BUST THEM OUT! » RAMBLERNASH - THE GURU HUNTER » Major Reset of Currencies Worldwide Happening Now

Major Reset of Currencies Worldwide Happening Now

Go down  Message [Page 1 of 1]

PurpleSkyz

PurpleSkyz
Admin

Major Reset of Currencies Worldwide Happening Now

December 23, 2016 by Nick Giammarino

 Everyone seems to be talking about a collapse or death of the Dollar. Learn how to prepare for a possible collapse scenario by clicking HERE and read my guide.





Hi everyone, Nick here, and as you can probably tell, there have been a number of currencies that have, since November, gone through significant changes.

  1. Venezuela plans to pull their 100 Bs.F (Bolivar) banknotes, which represents 46% of their circulating currency. According to the official exchange rate, it’s worth 15 cents US, however, the black market rate has it worth just 2 cents, and even that number is expected to drop.
  2. India pulled 86% of it’s cash out of circulation by removing 500 and 1000 rupee notes, with no warning.
  3. Venezuela Bolivar Loses 45% Value in Just November 2016.  Black market value of US Dollar skyrockets.
  4. Venezuela pulls their 100 Boliva banknote just as India pulled their 500 and 1000 rupee banknotes.
  5. Venezuela begins printing new 20,000 banknotes as their currency and economy hyper-inflates like Zimbabwe’s has.
  6. Zimbabwe releases bond notes in November 2016.
  7. Withdrawal limits put on Zimbabwe bond Notes
  8. US Dollar gains nearly 20% against Pound as of December 2016 following Brexit vote on June 23, 2016, British Pound at lowest level in 31 years
  9. Iran plans to revalue, rename rial currency Toman
  10. Aussie Dollar Plunges As Inflation Slumps To Record Low

Venezuelan Bolívar

Major Reset of Currencies Worldwide Happening Now Venezuela-bolivar-banknotes-300x200
Sign up here for the FREE Global Currency Reset Newsletter!  Get updates delivered directly to your inbox.
Email:


We respect your email privacy
Powered by AWeber Email Marketing
 
Last Updated On: December 22, 2016
By: Nick Giammarino
Global Currency Reset Newsletter – CLICK HERE TO SUBSCRIBE TO THE FREE GLOBAL CURRENCY RESET NEWSLETTER
The ‘strong bolivar’ has lost 45% of its value this month
Rapid devaluation to stoke inflation already in triple digits
Venezuela’s currency – the so-called “strong bolivar” – is weakening beyond levels that analysts had forecast just a few weeks ago as an expanding money supply chases a limited amount of U.S. dollars.


https://youtu.be/2ghmf6ZvLv8

The currency has lost 45 percent of its value so far this month to trade at 2,753 bolivars per U.S. dollar on Thursday, according to dolartoday.com, a widely-watched website that tracks the exchange rate in Caracas. That’s the biggest monthly decline ever, according to data compiled by Bloomberg.
Major Reset of Currencies Worldwide Happening Now Venezuela-currency-collapse-300x159
Inflation in the country will likely rise to 400 percent in 2016, according to the median estimate of 13 analysts who responded to a Bloomberg survey. Individual responses ranged from 257 percent to 1,500 percent.
Venezuela’s money supply has risen 127 percent over the past year, according to the latest data available from the Central Bank in Caracas and compiled by Bloomberg.
Venezuela’s Currency Just Had the Biggest Monthly Collapse Ever
https://www.bloomberg.com/news/articles/2016-11-24/venezuela-s-currency-just-had-the-biggest-monthly-collapse-ever?cmpid=socialflow-facebook-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=facebook&utm_medium=social
Venezuela’s Currency Is Collapsing on the Black Market Again
https://www.bloomberg.com/news/articles/2016-11-01/venezuela-s-currency-is-collapsing-on-the-black-market-again
Venezuela’s currency is so weak, shopkeepers have taken to weighing it. In 2015, the black-market bolivar frequently fell more than 10 percent a month. In the six months through September the black-market currency actually appreciated, even as prices for unregulated goods began to skyrocket. The calm ended in October, when the bolivar lost almost a third of its value compared to the U.S. dollar in a matter of weeks.
Actual exchange rate against US Dollar: 1 USD =9.97480 VEF basically, one United States Dollar equals about 10 bolivars.
Black Market rate:
Major Reset of Currencies Worldwide Happening Now Venezuela-currency-exchange-rates-300x147
Congratulations To Venezuela: Bolivar Notes Are Now Worth Less Than It Costs To Print Them
http://www.forbes.com/sites/timworstall/2016/05/04/congratulations-to-venezuela-bolivar-notes-are-now-worth-less-than-it-costs-to-print-them/#4ab4c4ad32c3
Except how much is a 100 Bolivar note worth these days? At the real, free market (for which read black market) rate of 1,100 or so to $1 US, that’s some 9 cents (9.09 for the accurately inclined). Which is alarmingly close to our presumed production cost, isn’t it? Rather below it in fact. Which means that we’ve got the amusing if alarming thought that if Venezuela were in fact to order more 100 Bolivar notes then they would be, because they have to use the international firms, swapping widely usable US dollars for very much more restricted use Venezuelan bolivars of less actual value.
http://www.forbes.com/sites/nathanielparishflannery/2016/12/21/what-do-investors-need-to-understand-about-venezuelas-economic-crisis/#2614eec67ace
Venezuela will print a 20,000 bolivar note after hyperinflation turned its currency into worthless pieces of paper.
The central bank said Sunday it will issue six new bills starting Dec. 15 worth between 500 and 20,000 bolivars. That’s 200 times the biggest note currently in circulation — the 100 bolivar.
Hyperinflation means very little can be bought with 100 bolivars, which is officially worth 15 U.S. cents, or just 2 cents based on widely-used unofficial exchange rates.
The currency collapse means people are having to carry their money around in bags, rather than wallets.
http://money.cnn.com/2016/12/05/news/economy/venezuela-new-20000-bolivar-note/
Inflation in Venezuela is expected to rise to nearly 500% this year and to a whopping 1,660% in 2017, according to the International Monetary Fund.
In November alone, the bolivar lost more than half of its value. One U.S. dollar buys 4,400 bolivars on Monday, according to Dollartoday.com.

VIEW MORE HERE: http://globalcurrencyreset.net/major-reset-of-currencies-worldwide-happening-now/

Thanks to Nick at: http://globalcurrencyreset.net



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum