Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» AMERICA’S COLOR REVOLUTION — Brought To You By The U.S. Intelligence Community & Coming To A City Near You
The Currency Shock of the Century  I_icon_minitimeMon Jun 17, 2024 5:58 am by kenlej

» Go Russia
The Currency Shock of the Century  I_icon_minitimeMon Jun 17, 2024 5:49 am by kenlej

» I am too pretty for math, but....
The Currency Shock of the Century  I_icon_minitimeWed Jun 12, 2024 6:56 pm by Mission1st

» Interesting article
The Currency Shock of the Century  I_icon_minitimeWed Jun 12, 2024 6:34 pm by Mission1st

» Phony Tony: New Platform, same old song and dance
The Currency Shock of the Century  I_icon_minitimeWed Jun 12, 2024 6:32 pm by Mission1st

» The Craziness of Scam by "Tony TNT Renfrow" and the Iraqi Dinar Currency Scam
The Currency Shock of the Century  I_icon_minitimeTue Jun 11, 2024 12:26 pm by Mission1st

» Even conspiratorial currency speculators aren’t buying a Russian ruble revalue - It’s not the next the Iraqi dinar
The Currency Shock of the Century  I_icon_minitimeMon Jun 10, 2024 1:04 pm by RamblerNash

» The Fundamentals of Finance and Pimpy Live
The Currency Shock of the Century  I_icon_minitimeFri Jun 07, 2024 5:02 pm by Dorotnas

» Carnival Rides
The Currency Shock of the Century  I_icon_minitimeFri May 10, 2024 5:03 pm by kenlej

» Go Russia
The Currency Shock of the Century  I_icon_minitimeSun May 05, 2024 10:51 am by kenlej

» Textbook Tony
The Currency Shock of the Century  I_icon_minitimeMon Apr 29, 2024 4:13 pm by Mission1st

» The Rockefellers and the controllers are freaking out right about now
The Currency Shock of the Century  I_icon_minitimeFri Apr 26, 2024 11:16 am by kenlej

» Phony Tony sez: Full Steam Ahead!
The Currency Shock of the Century  I_icon_minitimeSat Apr 13, 2024 11:51 am by Mission1st

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
The Currency Shock of the Century  I_icon_minitimeSat Apr 13, 2024 11:45 am by Mission1st

» Russia aren't taking any prisoners
The Currency Shock of the Century  I_icon_minitimeFri Apr 05, 2024 6:48 pm by kenlej

» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
The Currency Shock of the Century  I_icon_minitimeWed Mar 27, 2024 6:02 am by Ditartyn

» ZIGPLACE
The Currency Shock of the Century  I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
The Currency Shock of the Century  I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
The Currency Shock of the Century  I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
The Currency Shock of the Century  I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

The Currency Shock of the Century

5 posters

Go down

The Currency Shock of the Century  Empty The Currency Shock of the Century

Post by matwms Thu Oct 06, 2011 9:57 am


Sharing an Email I received from The Sovereign Investor!!



By Sean Hyman, Editor, Currency Cross Trader


Dear Sovereign Investor,


“The day of the U.S. dollar as the global currency standard is a thing of the past.”

...at least according to Chinese President Hu Jintao. He told the Wall Street Journal that recently.

Yes, China is getting awfully brave these days. And they
certainly are not quiet about how much they detest the U.S. dollar.

But what everyone fails to realize is China can afford
to be brave. China is growing so fast that they are about to overtake
the U.S. economically.

One day, we won’t be able to hide behind our status as
the “holders of the world reserve currency.” That privilege will go to
the next superpower.

When it happens it will be the greatest shock to the U.S. dollar in history...

How soon will it happen? To know that, you need to watch the other superpower’s growth - China.

Many economists estimate that China will dominate the
world in just eight short years. The chart below seems to agree with
them.

China Becomes the Top Economic Powerhouse in
the World in 8 Years!
The Currency Shock of the Century  SI_CUC_Day12



I know, I know...some people are still in denial on this one.

But you can see from the chart above, China’s GDP will
overtake ours by the year 2019. (On the chart, that's where China’s
dark red line crosses our declining blue line.)

So you can see why the Chinese president is flexing his
muscles. The sad truth is America is compeltely unprepared when his
prophetic words come true...as a nation or as individuals.

While the U.S. has been publicly sacrificing our
dollar’s value to prop up the U.S. economy, China has been quietly
making their country (and currency) more valuable.

China Did Their Homework While the U.S.
Fell Asleep at the Wheel!



For instance, during the recession, China struck deals
with six nations to trade with them directly in their local currencies.
Before that nations had to convert to dollars before they traded with
any nation.

That means they effectively cut the U.S. dollar out of
their international trading - a major blow to the dollar.

Meanwhile, the Chinese are now allowing their currency
to play a more prominent role in global trading. For years, China would
not allow their currency, the yuan to trade anywhere.

But in 2010, China allowed the yuan to trade offshore
for the first time in Hong Kong. Then they gave the green light for the
yuan to trade vs. Malaysia’s ringgit. Next they went one step outside
of Asia, and allowed the yuan to trade vs. the Russian ruble.

After that, China opened up its bond market to foreign
banks. Now even big U.S. corporations can buy up their bonds.

Then you’ll remember that back in August of last year,
McDonalds had a yuan bond sale. In November, Caterpillar did the same
thing. Both bond auctions went very smoothly. (Two more big votes for
the yuan!)

It goes even further than corporations. Ever since all
of this started to unfold, big banks such as HSBC, BBVA, JP Morgan
Chase and Citigroup have all been doing road shows in Latin America to
encourage the use of the yuan in trade with China.

Roll the hands of time forward to just this past week
and we see France’s Sarkozy encouraging the IMF to include the yuan in
its SDRs (Special Drawing Rights). This basket of currencies already
includes the dollar, euro, yen and the British pound.

So as you can see, the yuan is gaining traction from all
over the world. Remember...it was that way for the dollar too before
it became the world’s reserve currency.

Therefore, I suppose it’s no surprise that the yuan just
hit a 17 year high vs. the greenback just a couple of weeks ago.

A Coming Nightmare for the U.S.!


Now here lies the problem.

When the yuan becomes the world’s reserve currency, the
U.S. will be forced to exchange its dollars into yuan to pay its debts
to other countries (just as other countries have to convert into
dollars today).

In other words, you will see the ultimate “currency shocks” hit America!

When this all starts to unfold, everyone will lose
whatever faith remains in the U.S. dollar. Without its reserve status,
the dollar’s value will shrivel up quickly.

Americans will become poorer relative to much of the
rest of the world and America’s GDP will continue to decline as a
percentage of World GDP.

As a result, America will continually lose more and more
influence in the world. You only have to look at the declining line on
the chart above to see where it’s all heading.

Even now, you can see that there is a shift taking
place. The shift of power is moving from the “West” to the “East” as
more Asian economies continue to grow much more rapidly than that of
the U.S.

How to Profit from this Power Shift...


So the real question becomes how to profit from these currency shocks.

I say one of the easiest “no brainer” ways to do this is
to simply buy and hold Asian currencies (including all the little guys
who will profit from the Chinese yuan gaining in strength).

It will cause many currency shocks through the years,
just as it did when things were changing from the British pound being
the world’s reserve currency to the dollar being the reserve currency.

Now the same thing is about to happen again as money
moves away from the U.S. and towards Asia (in particular, China).

Simply buying and holding Asian currencies (yes, including the yuan) will let you profit as these shocks continue.

Thanks for reading!

matwms
Elite Member
Elite Member

Posts : 208
Join date : 2011-08-31
Age : 70
Location : Ocala, FLorida

http://www.ocalamobilenotary.com

Back to top Go down

The Currency Shock of the Century  Empty Re: The Currency Shock of the Century

Post by happywelshguy Thu Oct 06, 2011 1:57 pm

You have made some interesting comments, but I feel it's necessary to make two very important comments, of my own.

The $USD, may no longer be the most valuable currency in the world, but it is still the "Most Used Currency" in the world.

The $USD, has always stood for stability and trust and while future events may cause some distruption to the $USD, it's my personal opinion that the Chinese currency will "Not" replace the $USD,

China is a Communist Country, with total disregard to many of Humanities Rights and China is regarded as "Suspicious."

China will "Never" be seen as a Country of Stability unless the country goes through "Massive Reform" and due to their long term history, I cannot see China, being prepared to do that.

As such "Their Currency" simpy won't be stable enough, to compete with the $USD

bounce

matwms wrote:

Sharing an Email I received from The Sovereign Investor!!



By Sean Hyman, Editor, Currency Cross Trader


Dear Sovereign Investor,


“The day of the U.S. dollar as the global currency standard is a thing of the past.”

...at least according to Chinese President Hu Jintao. He told the Wall Street Journal that recently.

Yes, China is getting awfully brave these days. And they
certainly are not quiet about how much they detest the U.S. dollar.

But what everyone fails to realize is China can afford
to be brave. China is growing so fast that they are about to overtake
the U.S. economically.

One day, we won’t be able to hide behind our status as
the “holders of the world reserve currency.” That privilege will go to
the next superpower.

When it happens it will be the greatest shock to the U.S. dollar in history...

How soon will it happen? To know that, you need to watch the other superpower’s growth - China.

Many economists estimate that China will dominate the
world in just eight short years. The chart below seems to agree with
them.

China Becomes the Top Economic Powerhouse in
the World in 8 Years!
The Currency Shock of the Century  SI_CUC_Day12



I know, I know...some people are still in denial on this one.

But you can see from the chart above, China’s GDP will
overtake ours by the year 2019. (On the chart, that's where China’s
dark red line crosses our declining blue line.)

So you can see why the Chinese president is flexing his
muscles. The sad truth is America is compeltely unprepared when his
prophetic words come true...as a nation or as individuals.

While the U.S. has been publicly sacrificing our
dollar’s value to prop up the U.S. economy, China has been quietly
making their country (and currency) more valuable.

China Did Their Homework While the U.S.
Fell Asleep at the Wheel!



For instance, during the recession, China struck deals
with six nations to trade with them directly in their local currencies.
Before that nations had to convert to dollars before they traded with
any nation.

That means they effectively cut the U.S. dollar out of
their international trading - a major blow to the dollar.

Meanwhile, the Chinese are now allowing their currency
to play a more prominent role in global trading. For years, China would
not allow their currency, the yuan to trade anywhere.

But in 2010, China allowed the yuan to trade offshore
for the first time in Hong Kong. Then they gave the green light for the
yuan to trade vs. Malaysia’s ringgit. Next they went one step outside
of Asia, and allowed the yuan to trade vs. the Russian ruble.

After that, China opened up its bond market to foreign
banks. Now even big U.S. corporations can buy up their bonds.

Then you’ll remember that back in August of last year,
McDonalds had a yuan bond sale. In November, Caterpillar did the same
thing. Both bond auctions went very smoothly. (Two more big votes for
the yuan!)

It goes even further than corporations. Ever since all
of this started to unfold, big banks such as HSBC, BBVA, JP Morgan
Chase and Citigroup have all been doing road shows in Latin America to
encourage the use of the yuan in trade with China.

Roll the hands of time forward to just this past week
and we see France’s Sarkozy encouraging the IMF to include the yuan in
its SDRs (Special Drawing Rights). This basket of currencies already
includes the dollar, euro, yen and the British pound.

So as you can see, the yuan is gaining traction from all
over the world. Remember...it was that way for the dollar too before
it became the world’s reserve currency.

Therefore, I suppose it’s no surprise that the yuan just
hit a 17 year high vs. the greenback just a couple of weeks ago.

A Coming Nightmare for the U.S.!


Now here lies the problem.

When the yuan becomes the world’s reserve currency, the
U.S. will be forced to exchange its dollars into yuan to pay its debts
to other countries (just as other countries have to convert into
dollars today).

In other words, you will see the ultimate “currency shocks” hit America!

When this all starts to unfold, everyone will lose
whatever faith remains in the U.S. dollar. Without its reserve status,
the dollar’s value will shrivel up quickly.

Americans will become poorer relative to much of the
rest of the world and America’s GDP will continue to decline as a
percentage of World GDP.

As a result, America will continually lose more and more
influence in the world. You only have to look at the declining line on
the chart above to see where it’s all heading.

Even now, you can see that there is a shift taking
place. The shift of power is moving from the “West” to the “East” as
more Asian economies continue to grow much more rapidly than that of
the U.S.

How to Profit from this Power Shift...


So the real question becomes how to profit from these currency shocks.

I say one of the easiest “no brainer” ways to do this is
to simply buy and hold Asian currencies (including all the little guys
who will profit from the Chinese yuan gaining in strength).

It will cause many currency shocks through the years,
just as it did when things were changing from the British pound being
the world’s reserve currency to the dollar being the reserve currency.

Now the same thing is about to happen again as money
moves away from the U.S. and towards Asia (in particular, China).

Simply buying and holding Asian currencies (yes, including the yuan) will let you profit as these shocks continue.

Thanks for reading!
happywelshguy
happywelshguy
Elite Member
Elite Member

Posts : 774
Join date : 2011-06-18

Back to top Go down

The Currency Shock of the Century  Empty Agreed

Post by rfguy Thu Oct 06, 2011 2:14 pm

happywelshguy wrote:You have made some interesting comments, but I feel it's necessary to make two very important comments, of my own.

The $USD, may no longer be the most valuable currency in the world, but it is still the "Most Used Currency" in the world.

The $USD, has always stood for stability and trust and while future events may cause some distruption to the $USD, it's my personal opinion that the Chinese currency will "Not" replace the $USD,

China is a Communist Country, with total disregard to many of Humanities Rights and China is regarded as "Suspicious."

China will "Never" be seen as a Country of Stability unless the country goes through "Massive Reform" and due to their long term history, I cannot see China, being prepared to do that.

As such "Their Currency" simpy won't be stable enough, to compete with the $USD

bounce

The Chinese government is a communistic government that stagnates their people. Their economic growth being vaunted by financial experts unnerves me. Frankly, having a free market system with a communistic oversight is bound to eventually collapse. China's currency is very undervalued and intentionally so. While one may think they are poised for growth my business partners in Vietnam, Korea, and other pacific rim countries are learning quickly that while China may produce quickly and cheaply my partners are learning that they are paying far more for these products in terms of bad quality. We are an OEM based in another country and while China may appear to be smart and very high growth, I would never invest in anything Chinese as they are only interested in our patents here in the USA. China does not want to innovate they want to replicate. I am in agreement with the Welsh guy.

matwms wrote:

Sharing an Email I received from The Sovereign Investor!!



By Sean Hyman, Editor, Currency Cross Trader


Dear Sovereign Investor,


“The day of the U.S. dollar as the global currency standard is a thing of the past.”

...at least according to Chinese President Hu Jintao. He told the Wall Street Journal that recently.

Yes, China is getting awfully brave these days. And they
certainly are not quiet about how much they detest the U.S. dollar.

But what everyone fails to realize is China can afford
to be brave. China is growing so fast that they are about to overtake
the U.S. economically.

One day, we won’t be able to hide behind our status as
the “holders of the world reserve currency.” That privilege will go to
the next superpower.

When it happens it will be the greatest shock to the U.S. dollar in history...

How soon will it happen? To know that, you need to watch the other superpower’s growth - China.

Many economists estimate that China will dominate the
world in just eight short years. The chart below seems to agree with
them.

China Becomes the Top Economic Powerhouse in
the World in 8 Years!
The Currency Shock of the Century  SI_CUC_Day12



I know, I know...some people are still in denial on this one.

But you can see from the chart above, China’s GDP will
overtake ours by the year 2019. (On the chart, that's where China’s
dark red line crosses our declining blue line.)

So you can see why the Chinese president is flexing his
muscles. The sad truth is America is compeltely unprepared when his
prophetic words come true...as a nation or as individuals.

While the U.S. has been publicly sacrificing our
dollar’s value to prop up the U.S. economy, China has been quietly
making their country (and currency) more valuable.

China Did Their Homework While the U.S.
Fell Asleep at the Wheel!



For instance, during the recession, China struck deals
with six nations to trade with them directly in their local currencies.
Before that nations had to convert to dollars before they traded with
any nation.

That means they effectively cut the U.S. dollar out of
their international trading - a major blow to the dollar.

Meanwhile, the Chinese are now allowing their currency
to play a more prominent role in global trading. For years, China would
not allow their currency, the yuan to trade anywhere.

But in 2010, China allowed the yuan to trade offshore
for the first time in Hong Kong. Then they gave the green light for the
yuan to trade vs. Malaysia’s ringgit. Next they went one step outside
of Asia, and allowed the yuan to trade vs. the Russian ruble.

After that, China opened up its bond market to foreign
banks. Now even big U.S. corporations can buy up their bonds.

Then you’ll remember that back in August of last year,
McDonalds had a yuan bond sale. In November, Caterpillar did the same
thing. Both bond auctions went very smoothly. (Two more big votes for
the yuan!)

It goes even further than corporations. Ever since all
of this started to unfold, big banks such as HSBC, BBVA, JP Morgan
Chase and Citigroup have all been doing road shows in Latin America to
encourage the use of the yuan in trade with China.

Roll the hands of time forward to just this past week
and we see France’s Sarkozy encouraging the IMF to include the yuan in
its SDRs (Special Drawing Rights). This basket of currencies already
includes the dollar, euro, yen and the British pound.

So as you can see, the yuan is gaining traction from all
over the world. Remember...it was that way for the dollar too before
it became the world’s reserve currency.

Therefore, I suppose it’s no surprise that the yuan just
hit a 17 year high vs. the greenback just a couple of weeks ago.

A Coming Nightmare for the U.S.!


Now here lies the problem.

When the yuan becomes the world’s reserve currency, the
U.S. will be forced to exchange its dollars into yuan to pay its debts
to other countries (just as other countries have to convert into
dollars today).

In other words, you will see the ultimate “currency shocks” hit America!

When this all starts to unfold, everyone will lose
whatever faith remains in the U.S. dollar. Without its reserve status,
the dollar’s value will shrivel up quickly.

Americans will become poorer relative to much of the
rest of the world and America’s GDP will continue to decline as a
percentage of World GDP.

As a result, America will continually lose more and more
influence in the world. You only have to look at the declining line on
the chart above to see where it’s all heading.

Even now, you can see that there is a shift taking
place. The shift of power is moving from the “West” to the “East” as
more Asian economies continue to grow much more rapidly than that of
the U.S.

How to Profit from this Power Shift...


So the real question becomes how to profit from these currency shocks.

I say one of the easiest “no brainer” ways to do this is
to simply buy and hold Asian currencies (including all the little guys
who will profit from the Chinese yuan gaining in strength).

It will cause many currency shocks through the years,
just as it did when things were changing from the British pound being
the world’s reserve currency to the dollar being the reserve currency.

Now the same thing is about to happen again as money
moves away from the U.S. and towards Asia (in particular, China).

Simply buying and holding Asian currencies (yes, including the yuan) will let you profit as these shocks continue.

Thanks for reading!

rfguy
Active Member
Active Member

Posts : 46
Join date : 2011-07-07

Back to top Go down

The Currency Shock of the Century  Empty Re: The Currency Shock of the Century

Post by matwms Thu Oct 06, 2011 4:16 pm

http://www.economist.com/content/global_debt_clock

We shall see.. . the clock is ticking euro, dollar, tick tock. Protect yourself.

matwms
Elite Member
Elite Member

Posts : 208
Join date : 2011-08-31
Age : 70
Location : Ocala, FLorida

http://www.ocalamobilenotary.com

Back to top Go down

The Currency Shock of the Century  Empty Re: The Currency Shock of the Century

Post by ministerb Thu Oct 06, 2011 5:33 pm

Is it really necessary to copy and recopy articles? What is stated is based upon current conditions and as we all know everything changes.

Besides, Sean Hyman trashed everyone's dream of the IQD ever being worth anything. He stated it is a scam and not to be considered. Laughing I reminded he represented a respected publication and the Sovereign Society and got a form reply. The Currency Shock of the Century  576492484

Will you place your faith in a man who laughs at your investment? OK...go ahead...I'm sitting here waiting for the Rv to arrive. Consider this: "the best lies are always at least partially true." (Blue Moon)

China? Yuan? Our brother from Wales said it very well. You've got to remember Goliath was huge too.
ministerb
ministerb
Elite Member
Elite Member

Posts : 256
Join date : 2011-06-18
Location : TX-USA

Back to top Go down

The Currency Shock of the Century  Empty Re: The Currency Shock of the Century

Post by petunia Thu Oct 06, 2011 5:40 pm

"Sharing an Email I received from The Sovereign Investor!!"

I have been recieving these emails for several years. None of the predictions have come true as stated as far as I could tell.
According to these guys the USD was to tank and become totaly worthless at least twice in the last two years.
Maybe some day, who knows.

petunia
New Member
New Member

Posts : 21
Join date : 2011-07-10

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum