China Trashes U.S. Dollar ! Calls For New World Currency

Larry just sent us this urgent dispatch from Asia — just one more reason you should not miss our online briefing this coming Tuesday, June 30. Click here to register. — Martin

Urgent dispatch from Asia ...

People’s Bank of China officially proposes a new “super-sovereign currency” to be managed by International Monetary Fund. Could have major implications for nearly every investment you own.

Dear Subscriber,

If you think everything you’ve witnessed in the economy over the last two years is virtually unprecedented, think again.

The People’s Bank of China — the central bank for 1.3 billion people and America’s biggest creditors — has just issued an economic report calling on the world to replace the U.S. dollar as the world’s reserve currency ... and for the International Monetary Fund to issue a new, single “super-sovereign currency.”

Make no mistake about it: As China and other major nations with surplus reserves move steadily forward with this new mission, it could have massive implications for almost everything you own.

It could impact every single stock traded in the U.S.

It could affect the value of every long-term Treasury bond ... corporate bond ... and municipal bond.

It’s bound to send gold soaring through the roof ... and could spark another rocket ride higher in the prices of oil and gas.

But as much as I don’t like it, it comes as no surprise to me, or to anyone who has been following the patterns of history over the years.

Indeed, there is a little-known nonprofit foundation that pinpointed the timing of this dollar’s decline many years before it began. They did it with:

A scientific market timing methodology
that has been largely hidden from
investors for nearly 80 years!

And you’ll learn how in our upcoming online investment briefing THIS COMING TUESDAY, JUNE 30 ...

SOLVING THE TIMING MYSTERY, PART TWO

Plus, you’ll also learn of ...

>> The startling forecasts we’re now making for the rest of 2009 and through 2012 ...

>> The three massive economic cycles that will be converging to create “The Perfect Storm” and how they will impact stocks ... gold ... silver ... the dollar ... and more over the next three years ...

>> 7 specific investment recommendations designed to help you harness the money-making power of long-term and shorter-term cyclical convulsions in these markets and ...

>> How you can USE this paradigm shift in investment timing with specific “buy” and “sell” signals to sharpen your investment timing both over the long term AND ALSO to help you profit from shorter-term fluctuations along the way.

But the ONLY way to make sure you get this crucial information is to click this link to reserve your place now!

Warning: Registration ends Monday.

Best wishes,

Larry

When I first went to Asia in the Marines in 1963 an American Dollar was worth 360 Japanese Yen. It was also a Federal Offense to use American Money in Japan and China [Hong-Kong], you were suppose to use Military Paper Currency (MPC) only.

Today the American Dollar has depreciated from the 1963 value of 360 Japanese Yen per dollar to 95 Yen - thats roughly a 70% depreciation since 1963 (46 years).

3rd world country ? If you visit an American inner city you won't have to ask that question again !

I'm amazed just looking at people that we have in this country now, IMO I can't figure out who in the hell would ever hire them, let alone how are they surviving ?

IMO: On second thought, it seems like old news just being rehashed.

In Japan 2006 I could get 118 ¥ for a dollar, now 95 ¥. I'm going again this September. Have you ever paid $30 for a Domino's Pizza or $30 for a watermelon ? I have in Tokyo :(

U.S. stocks fell, giving the Standard & Poor’s 500 Index the first two-week decline since March, after the highest American savings rate in 15 years spurred concern that consumer spending will slow and oil retreated. The dollar dropped after China’s central bank reiterated a call for a worldwide currency.

bloomberg

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