Thursday, May 1, 2014

US Dollar Is In Danger: Yuan Already Reserve Currency, Dollar To Be Driven Out Of Trade Settlement, Military Wars, Economic Wars Imminent…


V: Guerrilla Economist – Russia not fazed by ‘Sanctions”, Yuan already reserve currency and more…Video 
Listen carefully and share… 
US SHOOTS SELF IN FOOT VIA SANCTIONS: DOLLAR TO BE DRIVEN OUT OF TRADE SETTLEMENT! 
In the latest Keiser Report, Max Keiser and Stacy Herbert discuss the American Dream as being chained to the booth in the waffle house as cogs in the wheels generating income for Wall Street sharpies and the poverty of this century in which the beggar is a reminder of nothing. In the second half, Max interviews Alasdair Macleod about the geopolitical situation in Ukraine and its impact on gold and the dollar as the reserve currency. They also talk about the true size of China’s gold reserves and the Shanghai Co-op Organization.
Macleod discusses how the US’ “sanctions” by excluding nations from using the SWIFT system has backfired, and will ultimately result in the US dollar being driven out of global trade settlement!
Macleod’s full MUST WATCH interview is below:

Military Wars, Economic Wars, Currency Wars & $10,000 Gold 
Today a 42-year market veteran warned King World News that the world now faces military wars, economic wars and currency wars. He also believes this could easily lead to $10,000 gold and included an important chart. Below is what Egon von Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say.Greyerz: “Eric, sadly the potential of a major war is now increasing dramatically. I would almost say that it’s certain we will either have a major military conflict or a full-blown economic war, which would be just as devastating. And I wouldn’t be surprised if we have both…. 
US financial showdown with Russia is more dangerous than it looks, for both sides 
The US Treasury faces a more formidable prey with Russia, the world’s biggest producer of energy with a $2 trillion economy, superb scientists and a first-strike nuclear arsenal 
“The new geo-economic game may be more efficient and subtle than past geopolitical competitions, but it is no less ruthless and destructive,” he writes in his book Treasury’s War: the Unleashing of a New Era of Financial Warfare.
Bear this in mind as Washington tightens the noose on Vladimir Putin’s Russia, slowly shutting off market access for Russian banks, companies and state bodies with $714bn of dollar debt (Sberbank data).…

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