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Re: Tommy Two Times post# 3912

Thursday, 12/08/2016 3:16:56 PM

Thursday, December 08, 2016 3:16:56 PM

Post# of 19173
You covered it! They're ALL going to have to face the music at some point and this time it's going to make what they tried to patch over in 2007-08 impossible.

The USD will lose it's reserve currency status, but no one can tell me the Yen, Euro, and Yuan as fiats are worth more than the dollar.

Tommy, this is why if they come out with this new SDR it's going to have to have some gold backing. The currency collapse will be a disaster for most people in this world and the only way they'll be able to have a shred of credibility left to introduce something else is to gold-back it.