How To Reduce International Dollar Debt and Insular Dollar Entitlement Payments
Monday, December 17, 2012 7:53
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by Jim Sinclair
JSMineset
Hi Jim,
In his last report, John Williams expects hyperinflation by the end of 2014. He has advised (in an interview separate from his most recent report) that when this happens, the purchasing power of the US Dollar will collapse and in about six months a new currency will be issued. All of this leads to a lower US dollar in an intact trend channel that goes to and below .5600 on the meaningless USDX index.
You’ve talked about a new, two-tiered currency regime (if I understand correctly) that will consist of a basket-type currency traded among central banks and national or multinational-basket currencies used by the rest of us.
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2012-12-17 07:41:46
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