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China has just made several moves against the U.S. dollar, and currency wars with the U.S. have a way of turning into real wars.
China Is Actively Working To End The Petro-Dollar
Petrodollar Collapse – Economic disaster on the horizon
World War 3 Economic Collapse Happening NOW ? Fiat Petrodollar Hyperinflation False Flags
Here It Comes – Australia to Abandon the U.S. Dollar
Australia’s announcement that it is abandoning the U.S. dollar for trade with China is the latest broadside in the global currency war.
Year of the yuan: China’s explosive currency goes global
The ‘people’s currency’ of China is redefining the global economic monetary system. The closed-capital pariah is
blossoming into a reserve standard and is hedging appeal against the indebted dollar and the untested euro, piquing
foreign interest.
Degenerating credit quality across the board has prompted asset managers to shy away from the dollar, euro, Japanese
yen, British pound, and Swiss franc. And some are turning to the yuan, a currency that 10 years ago was completely off
limits to foreign investors.
Will the US Dollar Collapse in May?
John Williams, founder of Shadowstats.com, predicts the US dollar will collapse by May 2013 from a massive self-off
(i.e. the value of the dollar will crash because other countries will dump dollars in favor of other currencies) by May 2013.
10 Reasons Why The Reign Of The Dollar As The World Reserve Currency Is About To Come To An End
March 26th, 2012
Read more at http://investmentwatchblog.com