A FedRes Sponsored Currency Collapse is on the Way!

“These events will lead to the rise of a new, likely digital, global currency.” – Quote

• Phase 1 of the introduction of the new One World Currency is about to happen. In this phase, this One World Currency will only be used government to government, central bank to central bank, settlement of trade at the international level …. It will not be used by the sheeple for buying groceries, pay bills … ie. NOT as a direct replacement for national currencies yet. That is in phase 2.
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• This phase 1 implementation is what Dr. Jim Willie and Pastor Lindsey Williams call: Global Currency Reset (GCR). My understanding is that: the implementation of the GCR is via the Revaluation of the price of Gold!
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• Gold will be revalued upwards (by America) to around US$3000/oz! Ie. about 2.5x the current price of US$1200/oz. Countries all over the world will then revalue gold upwards accordingly in their national currencies based on IMF guidelines. For eg. a country like Singapore may revalue gold higher by just 2.0X (instead of 2.5X in America). This will effectively mean an appreciation of the Singapore dollar (SGD) against the USD by :
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              (2.5 – 2.0) divided by 2.5 X 100% = 20% appreciation 
              (or 20% devaluation of USD vs SGD, same difference)
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• Similarly, should the Chinese revalue the price of gold in CNY (Chinese Yuan, RenMinBi) by only 1.5X  (instead of 2.5X in America), it will imply an appreciation of the CNY vs USD by:
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              (2.5 – 1.5) divided by 2.5 X 100% = 40% appreciation 
              (or 40% devaluation of USD vs CNY, same difference)
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• In this way: all fiat currencies will be reset (ie. based on gold price). The Illuminist will announce a One World Currency backed by gold during the GCR. This is the major event which, IMO, a lot of people will overlook. This is to lay the groundwork for the destruction of all fiat currencies via a global currency meltdown, scheduled some time during 2015! After which, only the One World Currency backed by gold will be used for all financial transactions worldwide (phase 2).
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• A Fed-Sponsored Currency Collapse! 
  by Jason Simpkins, http://www.outsiderclub.com/ 
  There’s No Such Thing As “Good Money”
  We’re used to seeing the Fed abuse the dollar, but now it’s going after other currencies, as well… From Canada to Brazil to Indonesia and even to Australia, currencies around the globe are being crushed by the Federal Reserve.
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  How? Well, the Fed’s expansive monetary policy weakened the dollar and drove down Treasury yields. In response, a tidal wave of investment capital fled to riskier emerging markets seeking higher returns.
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  Essentially, the Federal Reserve’s reckless spending created bubbles in emerging markets. Now that the central bank is reversing course, those bubbles are starting to pop, one by one…
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  Morgan Stanley has released a report on what it calls the “Fragile Five” — the five emerging market currencies under the most pressure against the U.S. dollar. Of course, it’s not just emerging markets that are vulnerable. More developed countries like Canada, Japan, and  Australia are vulnerable, as well…
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  The Fragile Five
  Morgan Stanley’s Fragile Five include the Indonesian rupiah, the Indian rupee, the South African rand, and the Turkish lira. With money flying back to the United States, these countries have seen massive outflows of capital that have driven up their borrowing costs and wounded their currencies.
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  Indeed, when the Fed first turned hawkish back in May, bond yields spiked 430 basis points in Indonesia, 220 points in Turkey, and 120 points in Brazil. President of the World Bank Jim Yong says that’s only one-third of the overall increase in interest rates emerging markets are likely to see.
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  International Monetary Fund managing director Christine Lagarde offered a similar assessment, saying cumulative net flows to emerging markets had risen by $1.1 trillion since the global financial crisis. According to Lagarde, that’s about $470 billion above the long-run structural trend.
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  The end result:
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  read more!

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