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Saturday, 09/24/2016 6:08:10 PM

Saturday, September 24, 2016 6:08:10 PM

Post# of 37875
stacks/ excerpt/ flames/ email scandal. 03-30-2016

And it’s got nothing to do with Benghazi, ISIS, or her husband Bill.

http://pro.agorafinancial.com/AWN_dollarreset_0716/EAWNS9BL/?email=rbalc%40yahoo.com&a=13&o=40996&s=45558&u=1630580&l=309120&r=MC2&vid=uV_X0f&g=0&h=true

could easily undermine the “Obama Legacy” that was supposed to carry Hillary into the White House.

What’s more, there’s nothing Hillary can do to stop it. There’s nothing her husband could say either. There’s no stirring speech for Obama to give. This dream-ending event is a done deal.

Because it’s not a political event at all.

It’s a financial one.

See, on Friday, September 30... long before a single ballot gets cast... there’s a new kind of "world money" scheduled to go live. This isn’t a “maybe” event. It’s on the calendar.

When it happens, the U.S. dollar could tank from it’s record highs.

our economy that depends on our #1 world reserve status could come undone. So could the fate and future plans of any politician that hoped to promise “more of the same.”

Like Hillary.

Frankly, as you’ll see, even a Trump White House should be worried.

Because this scheduled event I’m telling you about won’t just come and go on September 30th.

It will have a long, disruptive tail.

ou might have seen or heard me give this same warning about the dollar… and what it could mean for American investors on Fox News, CNBC, CNN and Bloomberg …

this coming announcement gut the U.S. stock market... and cannibalize your retirement savings... but it could ultimately END what we've come to know as the American way of life.


currency implosion like the one I’m warning you about now. It’s happened three times just in the last century -- in 1914, 1939 and 1971.

financial elites are saying this could be the “money” that replaces the dollar in central bank vaults the world over.

New York Times best-sellers, “Currency Wars” in 2011 and “The Death of Money” in 2014.

That’s why dollars make up more than 60% of reserves in other countries’ central banks.

Dollar dominance is one reason you pay only $2 for a gallon of gas… while drivers in Italy fork over $6 per gallon… and they pay $7 a gallon in Oslo, Norway.

It’s why China and Japan have lent us trillions of dollars… and why our government thinks they can just keep on borrowing that money forever, instead of getting their books in order.

It’s why you still get a welcome mat when you whip out American money overseas… especially in countries that still cling to the idea that America’s got a stable economy.

Right now, more than 20 currencies also peg their money to the dollar. That means they keep their money strong by backing it with our money, parked in their reserves.

After September 30, bank vaults worldwide could opt to swap dollars for “world money.”

This could send a tidal wave of cash back to the U.S.

weaker dollars will make costs soar here too. You could see mass layoffs. Some companies will just shut their doors forever. They won’t have any other option.

Of course, that will slam the stock market.

As global investors flee, you could see stocks crash 50%… 60%

natural to pay $500,000 for a house that once sold for just $10,000…

It’s natural to fork over $40,000 in tuition… for a college that once cost $400 a year…

It’s normal to pay $5 for a Coke in a restaurant… or $60 for a ticket to a ball game.

You’ll never guess who orchestrated that crash.

Not the Germans. Not Japan or France. Not the UK.

It was our own Jim Baker, our Treasury Secretary at the time, in a closed-door deal called the Plaza Accord… after the swanky Manhattan hotel where it was signed.

Why?

Because even though you and I lose big when money gets destroyed, weak dollars are like rocket fuel for the political and financial elite.

They make everybody spend and feel rich. At least for a short time. And I’m sure you remember what happened next. U.S. stocks took off. Real estate took off. Wall Street ruled the world.

Then it all fell apart.

The dollar plunged so fast that we needed another closed-door deal to stop it. Wall Street plunged 22% in a single day. That’s like a 4,000-point drop in today’s market. In less than 24 hours.

on the website of the International Monetary Fund, an organization that the Economist calls “the most powerful financial institution on earth”…

You’ll find the 42-page blueprint that lays out this entire plan. It’s titled “Enhancing International Monetary Stability” and it’s so packed with jargon, you can barely read it.

But it lays out -- in explicit detail -- how this move away from U.S. dollar reserves, and into this new form of “world money” could take place.


It’s the start of a new world order. With centralized money, a centralized market, even a centralized government. And the IMF -- not the Federal Reserve -- in charge of the purse.

You think Congress is bad? Imagine getting clearance from the IMF the next time we want to build a new fighter jet, fix our bridges, or bail out our banks…

Medicare and Social Security are a disaster. Obamacare is headed in the same direction. Can you imagine what happens when the IMF decides how to “fix” those budgets instead?

In short, the rules will get rewritten… right before your eyes.

Still think it’s impossible for the whole system to “reset” overnight?

Because it’s happened before.

Consider the clear-cut meltdown of 1914, just after a bullet felled Archduke Ferdinand. Before a single World War I soldier even hit the ground, the world financial markets imploded.

Bank runs seized over 50 countries. Stocks everywhere started to plunge. The Bank of England froze all withdrawals. And European exchanges halted all trading.

Even the NYSE closed down from July 30 to December 12.

That’s nearly five months with no access. What would you do if you couldn’t access your 401(k) statements for two months… a month… or even a week… as the financial world collapsed?

Keep in mind, all this happened when most countries still HAD the gold-standard backing their cash. And when there was no Internet or around the clock trading to help the crisis go “viral.”

Today we’ve got digital cash that can disappear with a mouse click. We’ve got 24-hour trading so the pressure never lets up. And we’ve got global banking, for a more massive tide of selling.



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