I Called It… Part 1

Three years ago in the Sons of Liberty Academy I said the Anti-Hegemon of non-Anglo-American nations would align to oppose the domination of our empire.  I even wrote about this last year in the Rise of the Anti-Hegemon.  Since then…

  • China and Russia have dumped the dollar in bilateral trade.
  • Iran is selling oil for gold to India.
  • Japan and China have dumped the dollar in bilateral trade.

And now this…

 

Brics’ move to unseat US dollar as trade currency

2012-03-25 10:00

Thandeka Gqubule and Andile Ntingi

South Africa will this week take some initial steps to unseat the US dollar as the preferred worldwide currency for trade and investment in emerging economies.

Thus, the nation is expected to become party to endorsing the Chinese currency, the renminbi, as the currency of trade in emerging markets.

This means getting a renminbi-denominated bank account, in addition to a dollar account, could be an advantage for African businesses that seek to do business in the emerging markets.

The move is set to challenge the supremacy of the US dollar. This, experts say, is the latest salvo in the greatest worldwide currency war since the 1930s.

In the 30s, several nations competitively devalued their currencies to give their domestic economies an advantage over others.

And this led to a worldwide decline in overall trade volumes at the time.

The north will be pitted against the entire south in a historic competitive currency battle – whose terrain has moved to the Indian capital New Dehli – where the Brics (Brazil, Russia, India China and South Africa) nations will assemble next week.

China seeks to find new markets for its currency and to lobby to internationalise it throughout the Brics states.

For China this is not a new game. In 2009, senior Chinese banking officials issued a statement that the international monetary system was flawed owing to an unhealthy dependence on the US dollar and called for a “super-sovereign” international reserve currency.

Experts say Beijing’s first step is to internationalise its currency (by expanding its reach beyond China), liberalise it (to allow its value to be determined by the market instead of actively managing it as they currently do) and then make it a reserve currency for many nations in the developing world. Africa’s largest bank, Standard Bank, says in a research document: “We expect at least $100 billion (about R768 billion) in Sino-African trade – more than the total bilateral trade between China and Africa in 2010 – to be settled in the renminbi by 2015.”(source)

Those that did not see this coming should have NO say in where we go after it gets here.

Get ahead of the curve and join a group of forward and positive thinking people, ready to create our own paradigm in the Silver Shield Report.

8 comments to I Called It… Part 1

  • RGD

    Spot on my man. You really put this one together. It isn’t going to be long now before the end is in sight. The game is almost up. JP Morgan and HSBC are at the end of their rope. I for one am prepared. Physical silver, a hearty home garden, and a strong local network are what will keep you alive over the next year. Those that know will be ready. Spread the word and keep stacking physical. I picked up a $5 FV roll of mercury dimes this morning. 50 days of hard labor in the safe.

    RGD

  • claudius

    hallo, ich bin aus Österreich !
    und habe damals ” nein zu EU” nein zu *EURO* gesagt , aber überstimmt. in einer Demokarischen Republik, in eine Theokratie entscheidet die Mehrheit im VOLK ?
    ich sehe aus memories “1930″ wird bald kommen. Aus gehabten Schaden nix gelert – imo nach jedem Generationswechsel (75-80jährigen)Bestand einer Währung kommt die nächste. Fabian, dem GOLDschmied gefällt’s, jetzt fängt er wieder von vorne an mit seiner *Geschäftsleitlinie* -> §”" gib’ mir die Welt plus 5 % “”§.
    nicht POLITIK, nicht die elitären Adabeis reGIERen die WELT !
    alles = Lüge ! denn schon immer war’s ::* GELD re gier t die Welt !
    USD ist bald tot. -Dann erst werden USZIONFED realisieren : *** Ihr Leiden am sinnlosen, unmenschlichem, kalten Leben ***—reich ist derjenige, der arm ist an Bedürfnissen. NOTENSCHEINE=SCHEINNOTEN = MONOPOLY = … es brennt der Hut was liebe ich Hubert van Goisern, Protestsongs von Konstantin Wecker und Brandreden vom Wutbürger Österreich’s mein Roland Düringer ;-) .<3
    "Wissen = Macht = für immer # WIFI # … aber bei soviel STAATSSCHULDEN gibt es keine Lösung.
    Wer auf *** ReGIERung + Banken *** vertraut hat auf Sand gebaut ! die Finanzpyramide bröckelt wie der Turmbau zu BABEL – wie blindes feuchtfröhliches tanzen um das "goldene Kalb " jetzt en vogue " der messing-Bull e aus USA, NY, wallstreet.
    USD ist tot. es lebe vielleicht ? HKY ?
    wer weis ? wem nützt es ? Cui bono ? wir alle sind Sklaven ohne Ketten – observiert, manipuliert, degradiert, desillusioniert durch """ Illuminati LOGE """.

  • You realize the US will go to war, perhaps the last war, to stay on top. They are deeply prepared. a

  • adam

    Please address the Fukushima issue, Dr Sircus who has a blog, (just type in Dr Sircus blog in your browser and it will come up) has stated that North America (as well as Japan) will be a dead zone if Japan suffers another quake and building Reactor Number 4 comes down. With all that is going on to add this to the mix seem unusually cruel but there is is.

    Further and I quote, “It is no exaggeration to say that the fate of Japan and the whole world depends on NO. 4 reactor.” said Mitsuhei Murata former Japanese Ambassador to Switzerland and Senegal, Executive Director, the Japan Society for Global System and Ethics. The NO.4 Pool is about 100 feet above ground, is structurally damaged, and is exposed to the open elements. If an earthquake or other event were to cause the pool to drain, this could result in a catastrophic radiological fire. The pool holding these fuel rods is structurally damaged and ready to give way. It is an accident waiting to happen.

    • Silver Shield

      Do you know how many nuclear explosions that have been ripped in this world? Would it surprise you over 1,000. The fear pushed on the Fukushima issue is no different than all other fear based, input-output, control that deprives logic of the Trivium.

      Yes Fukishima is dangerous to the local populace and perhaps the much longer term detriment of Tokyo but the idea that this is an extinction level event is insane. Heck look at Hiroshima and Nagasaki today. Meanwhile Detroit has been destroyed by the socialistic thoughts instead of individual empowering free market capitalism. You should be questioning what those that push that meme get out of pushing it.

      This is another distraction keeping so many in fear and NOT focused the power they have to positively impact their lives. Looking for outside dangers or white knights purposely keeps individuals from seeking the power we have.

  • [...] I Called It… Part 1 » I Called It… Part 2 By Silver Shield, on March 26th, 2012 Along with my call on the [...]

  • [...] about in theory in the Sons of Liberty Academy are now becoming reality and in quicker succession. 1, 2, 3, 4, 5, and 6.   It seems like there is another “I told you so” every week.  Case in [...]

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