Global markets are already revolting against the $US. The End Game for the $US is THE BIG ONE for which we aim to help Investors prepare. The really BIG ONE announced October 10, 2013 was not the Republican Proposal to lift The Debt Ceiling for six weeks, though that was an important constructive step to attempt to resolve the Administration’s partial Government Shutdown. THE BIG ONE was the European Central Bank’s agreement with the People’s Bank of China to establish bilateral Euro-Yuan Currency Swap arrangements, thus freezing the U.S. Dollar out of yet another Bilateral Sovereign Currency Swap Deal. This will, sooner rather than later, have catastrophic impact on the International Financial System. Submitted by Deepcaster: ”Federal Reserve Chairman Ben S. Bernanke has been tap dancing on a land mine since 2008. He has avoided detonating an intensified banking-system crisis, so far, but the cost has been that of locking the Fed into near-perpetual quantitative easing and monetization of U.S. Treasury debt, with horrendous implications for future domestic inflation and U.S. dollar debasement…. the Fed has locked itself into quantitative easing for some time to come, irrespective of any jawboning to the contrary…. “The longer-term U.S. sovereign solvency issues are the bane of the U.S. dollar and the global financial markets.
Unless these problems can be brought under credible control, those same global markets—soon and massively—will revolt against the U.S. dollar.” Article appeared first on Silver Doctors
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