Arab Gulf States Join Chinese Campaign To Dump The Dollar

hrmmm, dollar Go Beddie Bye Bye…

Video Rebel's Blog

Alasdair Macleod said recently that Gulf State billionaires are sending their .995 pure 400 ounce gold bullion bars to Switzerland to have them cast into .9999 pure gold kilogram bars. Dr Jim Willie has said that the one kilogram gold bar will be the center piece of the new system of international trade designed by China to replace the dollar. Dr Willie has said he was told that the price of gold will be set at $7,000 an ounce. Jim Rickards who is a member of the Council on Foreign Relations and a corporate insider has separately said it would take $7,000 an ounce for a gold exchange standard to work.

Please understand this: When the dollar is rejected as the international reserve currency, American wages and pensions will be cut 50% if not more. An alternative would be Debt Cancellation and monetary reform.

Currently, Americans do not have to…

View original post 1,227 more words

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