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Tuesday, 10/04/2016 6:57:14 AM

Tuesday, October 04, 2016 6:57:14 AM

Post# of 36297
The 4-Front Assault on the Dollar
http://dailyreckoning.com/4-front-assault-dollar/

"Gold, yuan and SDRs all have one thing in common — they are alternatives to the dollar. As momentum toward these alternatives grows, the role of dollars as a reserve currency could diminish quite quickly — like sterling’s role between 1914–1944.

The result for dollar holders will be exactly the same as the result for sterling holders: inflation and lost wealth. New political and financial arrangements, and new forms of energy, will no doubt emerge over time.

The key to wealth preservation is to move out of the declining form of money — dollars — and into the rising forms of money — gold and SDRs — sooner, rather than later."
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