• [stock-market-ticker symbols="AAPL;MSFT;GOOG;HPQ;^SPX;^DJI;LSE:BAG" stockExchange="NYSENasdaq" width"100%" palette="financial-light"]

    Reserve Currency Status Doesn't Last Forever And There Are Consequences To Losing It

    May 3, 2021
    No Comments
    Is China Preparing A Gold-Backed Yuan: Beijing Greenlights Purchases Of Billions In Bullion
    Image by SSYoung

    Please Follow us on Gab, Minds, Telegram, Rumble

    China stunningly just opened its financial markets to massive gold bullion imports.  


    China also became the first nation to legalize a central bank digital currency (CBDC).

    Years from now, we may recognize the event as "the day the dollar died" – when a gold-backed digital yuan replaced the USD as the world's sole reserve currency.

    How This "Monetary Earthquake" May Devastate the USD

    With all its gold, by monetizing it China could kill off the dollar tomorrow, says Alasdair Macleod of Gold Money.   
    Unfortunately, a banking crisis is embedded in the script, which will have fundamental effects on all fiat currencies, some more than others, he adds.

    In other words, the Chinese gold-backed crypto is about to become dominant, and the USD is about to get MUCH weaker.

    Here's How to Get Out of the Dollar

    To prepare for a plummeting dollar, Dr. Ron Paul offers one simple piece of advice: Gold. In short, he calls it his "insurance against the dollar fiasco."

    Today, one of the best ways to move into gold and silver is to convert your IRA or 401(k) into a "Self Directed" Gold IRA.

    While you still can: Get a no-cost info kit on gold, and the IRS Tax Law to move your IRA or 401(k) to precious metals – with NO tax consequences.

    Get your no-cost info kit on gold here. There is ZERO cost and ZERO obligation to you – we'll even pay for shipping.

    This free 20-page "insider's" kit on Gold reveals precisely how this IRS Tax Law works, and how you can start moving your IRA or 401(k) as soon as today... without paying any taxes on the transfer. It's all explained in this free info kit on gold.

    I must remind you, there may not be much time left to make this critical switch. As the government prints trillions and trillions of new dollars to prop up the economy, the USD's decline will only accelerate.

    I still have some of these info kits available today – claim yours now!

    ==> Get Your Free Info Kit On Gold Here
    (ZERO Cost And ZERO obligation to you)

    Sincerely,
    Peter Reagan
    Birch Gold Group

    Last Thing: Last year, Stephen Roach, one of the world's leading authorities on Asia, warned a 35% crash of the dollar within the next year or two is "virtually inevitable". Request your info kit on gold now – while you still can.


    SHARE THIS ARTICLE

    Author

    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
  • Subscribe
    Notify of
    guest

    0 Comments
    Inline Feedbacks
    View all comments

    FOLLOW US

  • Subscribe to our evening newsletter to stay informed during these challenging times!!

    ×