Currencies

If we want to better understand the answer to the elusive question of "When will the fiat US dollar collapse?", we have to watch the petrodollar system and the factors affecting it.

Many believe that the American Dollar and the British Pound hold the highest monetary value among world currencies. While these are very strong and popular currencies, neither is the strongest in the world.

Today, more than 60% of all foreign currency reserves in the world are in U.S. dollars - but there are big changes on the horizon...Some of the biggest economies on earth have been making agreements with each other to move away from using the U.S. dollar in international trade...[and this shift] is going to have massive implications for the U.S. economy. [Let me explain what is underway.] Words: 1583

I came to the conclusion several years ago that it was just a matter of time before the world realized that the relative functionality of the U.S. dollar was about to go belly up - to collapse. Below is an explanation as to why I have come to that conclusion and what I think it would mean for the well-being of the world.

Warren Buffett has been a vocal critic of Bitcoin in recent years, repeatedly dismissing the cryptocurrency as worthless and a risky, speculative asset. Here are 16 of his best quotes.

Below is the list of the top 10 strongest currencies in the world, as measured by their percentage of the foreign trade market based on their combined interest in the world's 3 foreign exchange markets.

The significant trend change in gold that started 20 years ago is a total condemnation of the central banks and their failed experiments in creating an unlimited supply of money that has ZERO value - a clear indicator that we are now seeing the end of the fiat money system.

Jim Sinclair has come out with a video and stated that with so many Dollars being printed to uphold the economy that Gold would eventually rise up to his top target of $87,000 an ounce.

Stephen Roach, former Morgan Stanley Asia chairman, is sounding the alarm on the U.S. dollar predicting that the U.S. Dollar Index will drop by 35% and foresees legitimate challenges to the greenback’s status as the world’s dominant reserve currency. [Here are the reasons why.]

Over the past few years, there have been many rumors about a coming global currency, but at times it has been difficult to pin down evidence that plans for such a currency are actually in the works but not anymore. A shocking new report by the IMF is proposing just that - a global currency beyond national control! Words: 820