Tuesday, December 16, 2014

From Rouble to Gold

The devaluation of Rouble could bring about the fall of the U.S. dollar

The American dollar as a FIAT currency obtains its prowess from the value and trade of oil and an over-stated and fictitious military strength. The petro-dollar is dying and many countries in the Middle-East and Asia no longer use it as a currency for conducting trade.

The paradox is that with falling oil prices the American petro-dollar continues its ascension in value.This unprecedented and illogical rise in the dollar only means one thing - it is about to collapse.

The stage has been set and the timing perfect for Russia and China to unlock the gold vaults and back their respective currencies with gold, silver, palladium and other precious resources.

The GCR (Global Currency Reset) is around the corner.

Thank you,
Joseph Pede

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