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Re: Implanting post# 2759

Tuesday, 09/06/2016 2:32:51 PM

Tuesday, September 06, 2016 2:32:51 PM

Post# of 19310
Agree he is on the forefront of the subject matter. I think the plan is a currency board of sorts through the IMF where each currency's purchasing power will be rolled up or transacted through the SDR. Currencies will be showcased on the board backed by a basket of commodities and ranked in terms of strength and internationalization.

There may actually be a silver lining to this mess once the currencies are recapitalized and paper wealth has been eroded. I read a white paper a while back on the Asian markets proposing something similar and it seems they support this model.

The strongest economies with the dominate currencies will have to have 5% Gold:GDP before this can begin this according to Jim. Hence the hurry up and wait for China to accumulate enough gold.
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