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Title: 3 Reasons the Dollar is Dead
Source: [None]
URL Source: [None]
Published: Dec 17, 2014
Author: Max
Post Date: 2014-12-17 17:26:14 by BTP Holdings
Keywords: None
Views: 110
Comments: 1

The USD may be dwindling as the World’s Reserve Currency, and perhaps, may be set to lose a lot of its value in the next 12-24 months.

Why is this?

For a straight-forward and intriguing answer, I highly suggest that you attend one of the Webinars I am holding this week. You can simply click here to sign up.

Here are the Top 3 Reasons I believe the USD is on the decline:

1) It is backed only by the “Full Faith and Credit” of the United States Government. Ever since Nixon took the dollar off of the gold standard, it lost its intrinsic value of being a note redeemable for gold. Gold has, up until now, been the world’s answer to a store of value. In my upcoming webinar we talk about why money may be returning to gold very soon, and how you can make a fortune in the process… But I get ahead of myself. Over the last 10 years, the “Full Faith and Credit” of the US Government has meant less and less. And if the US continues to print money out of thin air, its value will continue to go down.

2) Russia and China (among other countries) are finding ways of trading by NOT using the USD. Ever since WWII, the USD has been used as the “World’s Reserve Currency” - that means when China buys oil from Russia, they used to convert the value of their oil to dollars, trade in dollars, and then settle in their local currency. The key words are “used to”… Russia, China, Iran, and other countries are now replacing the USD with other currencies, and in some cases, gold. And if the USD no longer has World Reserve Status, its value will plummet. (Don’t worry there is good news…)

3) Bitcoin may replace the dollar. It’s not going to happen tomorrow (I don’t think so, anyways), but even Politicos like Ron Paul have suggested that with new technology like Bitcoin, the need for government-backed paper currencies may become a thing of the past. That would be a huge change to experience in our lifetime.

So what does this all mean? If the dollar is on the decline, and you are earning dollars, or your currency is dependent or related to USDs, there is a way to safeguard yourself. And that is exactly what I teach in my upcoming webinar. So I seriously suggest you take the time to reserve your spot and learn more on how to make a fortune when others may be losing theirs.

To Your Education,

Max

successcouncilmail.com/li...?M=143188&A=799&L=981&F=H

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#1. To: BTP Holdings (#0)

certainly the BRICS and others are increasingly not trading in US dollars. However, the Chinese peg their currency low to the US dollar to this day and prop up the US dollar. so if these countries trade outside the dollar, then the dollar will still be valuable. china is the biggest economy in the world and has incredible manufacturing. also the US dollar dominates the debt market worldwide. Many nations have debt that is in dollars, thus they seek dollars to pay it back. It seems that much of the $5 trillion produced in quantitative easing was actually lent out around the world not invested here at all. but now much of that debt must be paid back.

as oil price collapses also some currencies collapse to the US dollar. and this is benefiting the dollar currently. for the last 2 years the dollar has risen to a basket of currencies. It has risen sharply since June. And is expected to have a bull run for 3-4 years.

Psalms 137:1 By the rivers of Babylon, there we sat down, yea, we wept, when we remembered Zion.

Red Jones  posted on  2014-12-17   22:57:17 ET  Reply   Trace   Private Reply  

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