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BRICS move to unseat US DOLLAR as Trade Currency

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Post by jewels Wed Mar 28, 2012 9:05 am

Read Article: http://www.citypress.co.za/Business/News/Brics-move-to-unseat-US-dollar-as-trade-currency-20120324







Commentary from Jim Sinclair...



Brazil, Russia, India China and South Africa are meeting next week because of the use of SWIFT as a weapon of war. Expect the formation of a competitive SWIFT system in three blocks. The dollar will test .7200 USDX and fail on the third tap.

There will be an audio interview on this development with Erik King of King World News tomorrow morning.

I have been doubted on many things, much of which has come to fruition. There was a time when $1650 in gold was considered the ludicrous dream of a madman.

2012 is the year that the US dollar will suffer from a significant drop in utilization as the international settlement currency. The utilization of the SWIFT system as a means of making war is the singular greatest mistake dollar managers have ever made.

Phil, that might have seemed logical to you, but you fail to focus on the consequences now in motion soon to isolate the dollar in a three currency block (Yuan/Euro/Dollar) losing at least 1/2 of its previous strength from the international settlement mechanism provided. It is too late now to rethink the use of the SWIFT system as a weapon of war. The cat is out of the bag and the damage is done.

As a product of acceleration of this process, the US dollar will test .7200 on the outdated USDX. The test will fail on the third tap.


---



Read Article: http://www.citypress.co.za/Business/News/Brics-move-to-unseat-US-dollar-as-trade-currency-20120324

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Post by CaptnJerry Wed Mar 28, 2012 9:08 am

This sounds more like OOM2 material to me...

CJ

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Inspired by Splovengates "Be ready between sunday and monday night, or maybe tuesday or wednesday, could also be thursday but definitely by friday.... probably next week, monday or late tuesday night, wednesday morning to hear the rv and should be cashing in on the following tuesday the 1st part of january or february. Sooner more than later. But no later than the beginning of 2013. Certainly not before then. Until then, let's enjoy the ride!


BRICS move to unseat US DOLLAR as Trade Currency Animated-smileys-leisure-013 Come on RI/RV!
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Post by Ponee Wed Mar 28, 2012 9:11 am

CJ your little puppy has become quite a watch dog on the boards lately. Has she sniffed out any good news lately?

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Post by abby ann Wed Mar 28, 2012 9:42 am

ponee wrote:CJ your little puppy has become quite a watch dog on the boards lately. Has she sniffed out any good news lately?
WELL HELLO THERE MISS GREAT ONE!!!!!!I HAVE A FRIEND NOW WHO IS HIGH PLACES!!!!!!!!BRICS move to unseat US DOLLAR as Trade Currency 1261280965 BRICS move to unseat US DOLLAR as Trade Currency 1261280965 BRICS move to unseat US DOLLAR as Trade Currency 1261280965 BRICS move to unseat US DOLLAR as Trade Currency 974290055 BRICS move to unseat US DOLLAR as Trade Currency 974290055 BRICS move to unseat US DOLLAR as Trade Currency 1815401988 BRICS move to unseat US DOLLAR as Trade Currency 1815401988 PS GOT ANY WIDGETS?????
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Post by Cardiac99 Wed Mar 28, 2012 10:02 am

CJ, You beat me to it. I thought the same thing while reading it.
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Post by topspin2 Wed Mar 28, 2012 10:13 am

I agree, what could this possibly have to do with the RV. I mean come on.....OOM2 for this data.....Iraq is in charge.....

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Post by Ponee Wed Mar 28, 2012 10:19 am

By popular vote of members locked

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