Visitors Now: | |
Total Visits: | |
Total Stories: |
Story Views | |
Now: | |
Last Hour: | |
Last 24 Hours: | |
Total: |
Lindsey Williams on Radio Liberty Sept 11 2012 : On September the 6th 2012 China officially announced that any country in the world that wishes to sell crude oil using its currency the Renminbi instead of the US dollar can do so , the following day September the 7th Russia announced that she will sell China all the crude oil that she needs no limitations whatsoever and they will not use the US dollar for their trade , while you were watching the democratic Convention the Dollar Died says Lindsey Williams.
Continued below.
Congress Told: U.S. Life Unsustainable After EMP
These 12 Outrageously Deadly Weapons Are Legal In Most States
Gerald Celente – Gold, Silver & A Major October Surprise
Jesse Ventura: I’d Rather Take A Bullet To The Head Than Vote For Obama Or Romney
China Crash 2012: Heres How Its Finally Happening This Time
Here’s How Facebook Is Tracking Your Internet Activity
The Scariest Thing About Living In The United States
No Time Left, Gold & Silver To Go Sky High
$150 Silver & An Ocean Of Paper Money To Flood The System
Incredible Video Of Motorcyclist Crashing And Flying Through The Air
Watch A Nuclear Bomb Explode Under Water
Tribute To Girls ‘BREAST Friend’ [75 PHOTOS]
Where are the official links to this info to read for myself?
What a load of baloney – china has nearly 2 trillion USD reserves and wants to use them to get rid of them and buy hard assets with them. As if they are not going to use them to buy oil from worlwide suppliers. Sure when the have spent all their USD they will then look to purchase commodities in their own currency (which they can print!! Sound familiar??)
But the problem is who will accept dollars, when you can get gold bars or another currency. Sure, China would like to get rid of them, but what can they buy? Foreclosed houses in Riverside, CA? They tried buying Union Oil company, but that got shut down real fast….
There is simply not enough physical gold to realistically conduct global commerce, and the Euro is a basket case. The USD will continue for some time to be globally accepted, like I said China will continue to use and spend it. Communist China’s currency could be worth alot less when it has it’s hard landing. A global currency some years down the track looks like the way the Elitists are positioning, buy gradually destroying all existing fiat currencies and replacing it with a digital global one.