The Dollar Coin: Two Sides of the Reserve Dollar [View article]
At a minimum we should expect the G20 to want a new world currency tied to a basket of currencies and perhaps 10% tied to gold. These countries will want a check and balance on the $dollar printing presses, along with checks on the other currencies in the basket as well. Uncle Sam's massive printing that is underway has spelled the demise of the $ as the worlds reserve currency. Other nations printing more will prevent them from becoming a "reserve status". Look for a Basket Deal to come forth with a Review Board to make quarterly adjustments to the basket currency percentages. Personal Gold/Silver best for long term protection of savings.
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At a minimum we should expect the G20 to want a new world currency tied to a basket of currencies and perhaps 10% tied to gold. These countries will want a check and balance on the $dollar printing presses, along with checks on the other currencies in the basket as well.
Nov 08 14:07 pm
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All Comments by paxjds »The Dollar Coin: Two Sides of the Reserve Dollar [View article]
Uncle Sam's massive printing that is underway has spelled the demise of the $ as the worlds reserve currency. Other nations printing more will prevent them from becoming a "reserve status". Look for a Basket Deal to come forth with a Review Board to make quarterly adjustments to the basket currency percentages.
Personal Gold/Silver best for long term protection of savings.