New World Gold Corporation (NWGC)

[bobhwang]

There is only one clean balance
sheet left in the world and that is
the IMF. So the only way you are
only going to reliquify the world
in the next liquidity crisis is by
the IMF printing their world
money, these Special Drawing
Rights or SDRs, and that is going
to be the end of the dollar as a
global reserve currency. Because
if the IMF is going to print SDRs
to reliquify the world they are
going to need permission from
China and Russia and other
members of the IMF. The US has a
big voice at the IMF but we do not
control it. And so that really is
going to be the end of the dollar
right there. We may still have
dollars — in fact we will — but it
will be a local currency like the
Mexican peso or Turkish lira. It
will just be walking around money.
But it will not be used for the
important things in the
international monetary system.
This you can actually see coming.
You can see these developments
coming."