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Thread: could this really be the shtf moment?

  1. #1
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    Default could this really be the shtf moment?

    i just got done reading a story that originated at super station95.com
    in which there is talk of china to release the new gold backed yuan.
    and here's the kicker it will not be tradeable in us dollars in any way.
    yuo cannot sell dollars for the new yuan or buy yuan with dollars.
    given the untold trillions of us dollars floating around over seas.

    well can you imagine the hyperinflation that would ensue. just saying
    and this is supposed to take place on apr19 this month. find out
    if this is indeed fact sorry had no time to vet the resource.

    if this pans out as fact it's time to do some power shopping
    while your still able.
    Last edited by patriot1; 04-14-2016 at 08:48 PM.

  2. #2
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    it was published Aug 18, 2015..
    Reading what is there about the author does lend some credence to that article.

    One to read it is a push for Trump. I will admit it was just one sentence.

    I have reading for last 5 years or so that India and China have been stocking up on gold.
    Don't really know what to think, except that 'paybacks are hell' keeps coming to mind.

  3. #3
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    thanks Nicor, i guess somehow i missed the 2015 date but what caught my eye was it
    mentioned apr19, 2016, aqnd given the fact that the FED had 2 closed door meetings
    with the pres and 1, with the VP also that is not good news by any means.

  4. #4
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    I keep saying if we went back to Constitutional gold backed currency it would not just stabilize our nation but nations globally.
    With certain particle accelerator tech, it's possible to turn lead into gold. Problem with that it would devalue gold to nothing.
    Interesting and trying times are coming.

  5. #5
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    I didn't realize you were into alchemy, Al....
    leave the gun... take the cannoli...

    In times of strength prepare for times of weakness...

  6. #6
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    Still related I think... the following is a comment posted about the article on that site.

    "So if the dollar is displaced as the world reserve currency, then the demise of the petro-dollar will swiftly follow. What will replace it, the new gold backed Chinese currency? If oil can only be purchased by gold backed currencies, then I suspect that the United States would quickly remove all restrictions and become the worlds largest oil exporter. Using the gold backed currency income from the purchase of its oil, America could take advantage and pay off its (now severely depreciated) dollar debt. This scenario alone may keep China from acting in such a manner."

    OPEC has been wanting to get away from the USD oil pricing for long time now and moving to the Euro.
    OPEC could change its view of the Euro and want to go with the yuan.

  7. #7
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    the london bankers would never allow it. venezulea is a member of opec and when ugo chavez wanted gold or euros
    for it's oil they killed him, omar khadafi the same thing,

  8. #8
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    Everyone please remember that "super station95.com" contains BOGUS material!

  9. #9
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    This might shed some light on the OP article...

    http://www.bloomberg.com/news/articl...as-imf-beckons

  10. #10
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    Quote Originally Posted by HatetosayItoldyouso... View Post
    I didn't realize you were into alchemy, Al....
    It goes in hand with certain tech. I think this year they are doing palladium or platinum collisions.

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