With the exception Russia, dropping the dollar has been hazardous to your health with severe consequences.
Including Death!
However, that hasn’t stopped many eastern nations from moving in that direction.
The tectonic shift towards China displacing the US as the world reserve currency is well underway.
In fact, it’s baked-in-the-cake.
The process won’t happen overnight but it’s inevitable and moving toward imminent…it often takes years to complete.
A lot will depend on the deals being cut between Saudi Arabia (and other oil producing nations) and China to meet their demand for oil.
We’ve said in the past that the Saudi’s will stab the US in the back while smiling, bowing, and buying weapons from us.
READ: Saudi Arabia Accepting Yuan for Oil March 17, 2022
Along the way there will be challenges, threats, wars and rumors of wars mostly resulting from the shift of power from the west to the east.
Hazardous to Your Health
Unfortunately, in the past the US has been quite aggressive towards any nation attempting to use another currency other than the dollar to transact business. (Cough! Saddam, Cough! Gaddafi, Cough! Assad).
And there’s no reason to think that there won’t be a fight on our part.
Which brings me to my point.
It’s about how you should prepare for the inevitable demise of the greenback as the world reserve currency.
But…and this is a very Big Butt…
Before this all takes place, the dollar will rise to unimaginable heights.
And in the process, destroy most third world nations.
Why?
Most of their bonds are denominated in dollars.
This is why China is increasing their bonds with Russia, Iran, Saudi Arabia, and most other oil producing nations allowing them to operate “outside the dollar.”
Ironically (or NOT) there’s a tendency to be in denial of any threat of this nature because, in our lifetime, we haven’t known anything different.
In the meantime, the Climate Change Zealots will continue to try and convince you that we must rid the earth of fossil fuels.
Don’t take the bait.
Instead, be sure to read our upcoming April issue of “…In Plain English” (HERE) to learn how to position yourself for a rising dollar.
At the same time, learn how to prepare for the inevitable shift that will make China the new world reserve currency.
So, share this with a friend…especially if they speak Mandarin.
They’ll thank YOU later.
Go HERE now!
And remember:
We’re Not Just About Finance
But we use finance to give you hope.
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