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Currency Investments Cont...

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Post by RELIX Tue May 08, 2012 10:37 am

I told you guys about the Yuan, the Rupee, and the Loonie and that they were currencies on the horizon as future currency investments (if you have the nerves for it). As usual, there were contrarians who challenged me and there were those who always have the "sage" advice of; Seek out a professional investment councilor and don't jump at what you hear on the Internet. Blah...Blah...Blah... In other words, they had no idea what they were talking about but it sounds smart and sounds like good advice and it gave them a chance to show all just how savvy they are. OK...your smart and savvy. Happy now? OH...and remember...to those who said I was crazy when I said the USD would be devalued in this RV / reset, well...read it and weep. Just maybe I know what I'm talking about.

Here is the latest news that supports the Yuan intel I gave you:
U.S. Agrees To Back China’s Bid To Make The Yuan A Global
Reserve Currency!

Treasury Secretary Geithner’s Beijing meeting
succeeds in giving the yuan global currency status. Dire implications for
the U.S. dollar. You must take action NOW ...


Dear Darren,

Currency Investments Cont... %21-Larry_105
Last week, I warned you how U.S. Treasury Secretary Timothy Geithner —
the man whose chief responsibility is upholding the integrity of the U.S.
dollar and its purchasing power ...

Was running off to Beijing to convince China’s leaders that the U.S.
dollar had to go down in value ... and that China’s currency, the yuan,
had to rise.

Many thought I was nuts, just like they did when I first started
warning that Beijing and Washington were in cahoots in an effort to
devalue the U.S. dollar.

But now, it’s clear: Geithner has accomplished his goal. In news just
released late Sunday night, the U.S. has effectively agreed to back
China’s bid to have the International Monetary Fund give the yuan global
reserve currency status.

If you’re an American, you must stand up and take notice. Yes, China’s
economy has come a long way. Yes, China’s economy is now the second
largest in the world. Yes, China should have an important say in the
global economy.

And yes, China also engages in unfair trade practices.

But if anyone’s guilty of unfair trade practices, it’s Timothy
Geithner. He is selling out the purchasing power of your
dollars and trading them for a stronger Chinese
currency.


Look. The yuan could have simply continued to expand its international
clout naturally, taking the next few years to gain official reserve
currency status along with the dollar and the euro.

But that’s not what Beijing or Washington want. Both parties want it to
happen NOW.

Chief reason: There’s a cancer in today’s global economy — debt and
deflation — and Washington and Beijing both know that the only way to cure
it is to DEVALUE the world’s single largest reserve currency, the U.S.
dollar, to stoke up the flames of inflation.

This is PRECISELY what I have been warning you about. As the dollar is
devalued against the yuan — your cost of living WILL
skyrocket.

That’s what happens when the dollar is devalued. We saw it in the late
1970s, when the dollar’s value plunged and inflation soared.

We saw it again in the mid-1980s when the dollar was devalued against
the Japanese yen, and select commodity prices shot again to the moon.

And we’ve seen it happen again and again over the last decade — as the
dollar lost more than 30% of its purchasing power ... and the prices of
everything from eggs to gasoline have jumped wildly.

Thing is, the dollar is now more vulnerable than ever before. Besides
the forward march of the yuan — the dollar is being saddled by our Federal
Reserve who stands ready to print up trillions more dollars at the drop of
a hat.

All of this is why I have also been so insistent that you watch my
video, which exposes the truth about why Washington wants to devalue the
U.S. dollar ... and how Beijing is in on it.

The video also includes several actionable decisions you should
urgently consider — both to PROTECT your wealth and to turn the tables on
Washington and Beijing by staking out your share of the PROFITS that are
available as China’s currency advances at the expense of the U.S.
dollar.

To view my special video, simply turn up your computer speakers and click
this link
; it will begin playing immediately. The video costs nothing
to watch.

I repeat: Click
here now
.

Best wishes,

Larry Edelson

*****************
A man who wants revolution without blood wants crops without plowing
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Post by Kevind53 Tue May 08, 2012 6:18 pm

Interesting, however I can't help but notice the whole thing is an ad for Larry Edelson's newsletter/books. He lost credibility with me from the word hello. (I hate those infomercial sites that purport to offer actual news ...and always, always, always ask me if I am sure when I click off of it ... of course I am sure ... I'm not an idiot, I know what I want, and I didn't click on the X by accident!)

I take all things I read on the internet with a grain of salt ... in this case a pound or so ... including the rock salt for the 12 gauge if he comes around. I'll get my advise from someone who's working for me.

Nothing personal Relix ... I just trust these guys as much as I do the 'roos.

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

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Post by 1alaskan Tue May 08, 2012 6:26 pm

Simple question

if today the dollar is worth a 1150 IQD

Tomorrow the dollar is worth .25 IQD.

Did the dollar go down in value

or, did the IQD go up in value

or both

The dollar changes value against the top currencies every minute of every hour of every day.

Nothing new about China, they have been screeming change the reserve for years.

*****************
Being defeated is often a temporary condition. Giving up is what makes it permanent.
Marilyn Vos Savant


Yesterday would have been better, but today is a good day

Remember as always, JMHO
Rantings from just north of sixty

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Post by Kevind53 Tue May 08, 2012 6:44 pm

OH by the way, anyone, especially anyone who like my self is a professional involved with investments, finances, insurance etc. who does not advise you to seek out professional advise is leaving their liability hanging out. In fact it is illegal in the US to give any kind of investment advise unless you have at the minimum, a FINRA Series 6 license and are appointed to a SEC registered securities firm.

I did a check on the name given Larry Edelson, and Weiss Research Inc. on both the FINRA and SEC sites with no results, so I would have to question their legitimacy ... at least here in the US. Perhaps they are operating off shore, but if so, why?

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Currency Investments Cont... 2805820865  Currency Investments Cont... 2805820865  Currency Investments Cont... 2805820865  Currency Investments Cont... 2805820865
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Post by RELIX Tue May 08, 2012 7:49 pm

@Kevind53 wrote:OH by the way, anyone, especially anyone who like my self is a professional involved with investments, finances, insurance etc. who does not advise you to seek out professional advise is leaving their liability hanging out. In fact it is illegal in the US to give any kind of investment advise unless you have at the minimum, a FINRA Series 6 license and are appointed to a SEC registered securities firm.

I did a check on the name given Larry Edelson, and Weiss Research Inc. on both the FINRA and SEC sites with no results, so I would have to question their legitimacy ... at least here in the US. Perhaps they are operating off shore, but if so, why?

Well, lets see, everything I said you would say was said. This guy has a stellar rep and obviously comprehension isn't a major concern for some because one would have noticed that he lives in China not the USA so that just may...just may...be the reason he isn't involved in the phony regulatory agencies.

Also, it seems we do not like other people making a living. Did you ever stop to think that if no one ever sold anything then products wouldn't make it to market? God forbid anyone should ever try to sell something. What a bunch of socialist hooey!!! Marx would be your best buddy if he were alive.

I hate it when I'm right. If you would quit dialing in on those stupid conference calls and read up a little, you would realize everything this guy says is exactly true. What is this? A ostrich farm? I'd wager that if I cut the top of your heads off, I still couldn't pour the truth in. Have it your way. MURRIKA IS NO 1 - GO MARINES!!! - HOOO-HAAA!

Just don't cry when Chinese troops take your daughters and throw you out of your house and shoot you. But they don't do that either. I forgot, this guy isn't registered with the SEC...he isn't really rich. He must be a conspiracy theorist.

*****************
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Post by 1alaskan Tue May 08, 2012 8:03 pm

Is this the guy who has all those ads on TV about how bad it is going to get?

*****************
Being defeated is often a temporary condition. Giving up is what makes it permanent.
Marilyn Vos Savant


Yesterday would have been better, but today is a good day

Remember as always, JMHO
Rantings from just north of sixty

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Post by Kevind53 Tue May 08, 2012 10:46 pm

@RELIX wrote:
@Kevind53 wrote:OH by the way, anyone, especially anyone who like my self is a professional involved with investments, finances, insurance etc. who does not advise you to seek out professional advise is leaving their liability hanging out. In fact it is illegal in the US to give any kind of investment advise unless you have at the minimum, a FINRA Series 6 license and are appointed to a SEC registered securities firm.

I did a check on the name given Larry Edelson, and Weiss Research Inc. on both the FINRA and SEC sites with no results, so I would have to question their legitimacy ... at least here in the US. Perhaps they are operating off shore, but if so, why?

Well, lets see, everything I said you would say was said. This guy has a stellar rep and obviously comprehension isn't a major concern for some because one would have noticed that he lives in China not the USA so that just may...just may...be the reason he isn't involved in the phony regulatory agencies.

Also, it seems we do not like other people making a living. Did you ever stop to think that if no one ever sold anything then products wouldn't make it to market? God forbid anyone should ever try to sell something. What a bunch of socialist hooey!!! Marx would be your best buddy if he were alive.

I hate it when I'm right. If you would quit dialing in on those stupid conference calls and read up a little, you would realize everything this guy says is exactly true. What is this? A ostrich farm? I'd wager that if I cut the top of your heads off, I still couldn't pour the truth in. Have it your way. MURRIKA IS NO 1 - GO MARINES!!! - HOOO-HAAA!

Just don't cry when Chinese troops take your daughters and throw you out of your house and shoot you. But they don't do that either. I forgot, this guy isn't registered with the SEC...he isn't really rich. He must be a conspiracy theorist.

For the record, I have never tuned in a conference call. I am too busy doing my own homework, in fact, I wish I actually had more time for that, but since I am not rich either, I have to make a living. I will grant you that some of his info is factual, some not so much. For example, we don't really know how large China's debt really is since much of the industry is state controlled. I have also heard some very reputable analysts state and show that in reality their coffers are pretty slim, with much of what they supposedly have owed to semi independent contractors who have built massive highways to uninhabited cities, not to mention their enormous military build up.

I was quite aware he is in China, Hong Kong to be exact, I felt that was so obvious it did not need to be mentioned. Regardless, he is still required to be licensed and registered to give financial advice in the US. He gets away with it the same way the gambling and many porn sites get away with it, by not actually entering the country. As to the level of regard, I did a search and found as many articles (some in reputable publications) questioning his "stellar" reputation or worse.

In no way did I suggest that anyone stop selling anything. Do not put words in my mouth. I stated that I personally would not trust the guy, and that everyone do their own due diligence. When it comes to my money, I'll trust a guy who can look me in the face, and I can look in his. I will go to a person I A) Trust, and B) who I am paying to look after my interests, not some guy I have and likely will never see who is telling me to buy his publications so he can save me. He can sell all he wants, but I am not buying. Glad you hate it when you are right, because this time you were dead wrong. I looked at what he had to say from a professional standpoint and I expressed my open, honest, and professional opinion based upon what I saw and the facts I was able to confirm.

Oh and by the way, I did check the Hong Kong equivalent of our SEC and neither Larry or Weiss Research came up as being registered. Like I said, I do my homework.

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

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Post by dinarstar Wed May 09, 2012 12:34 pm

I am with you Kevin Ilikeyou

*****************
"Success is not final, failure is not fatal. It's the courage to continue that counts."
Winston Churchill
(1874-1965)
hug

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Post by Cardiac99 Wed May 09, 2012 6:05 pm

I printed off the article that Relix is talking about in the original post. I believe it was posted on April 8, 2012. I found the article interesting and read and re-read it several times, as well as sharing it with a few friends. My aunt called my mother last week, all excited about an article she saw in the Wall Street Journal. Mom started reading the article to me and I picked up my copy that I got from this site and finished reading it to her. She was amazed that we had the article on the internet 2 weeks before the Wall Street Journal printed it.
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Post by Kevind53 Wed May 09, 2012 6:19 pm

The question is was it an Article, OP Ed, or a paid advertisement? I have seen advertisements that were printed to look like articles, except they said "paid advertisement" in not very large letters, usually near the top. I have also seen some op eds that were questionable at best ... I would lend more credence to an actual news article, although it just does not pass the smell test for me.

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Currency Investments Cont... 2805820865  Currency Investments Cont... 2805820865  Currency Investments Cont... 2805820865  Currency Investments Cont... 2805820865
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Post by Cardiac99 Wed May 09, 2012 6:31 pm

I will go see if I can find the original post and bring back a link.
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Post by Cardiac99 Wed May 09, 2012 6:34 pm

http://dinardaily.forumotion.com/t20509-future-currency-investments

Here is the original post from a few months ago. Found it in the archives.
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