Central banks start to abandon USD

[I am me, I am free]

Here we go -


Just last week, America's debt lept $166 billion in a single day. That one-day run-up is greater than the entire U.S. annual deficit in 2007. And Americans, the world's consumers, continue much of the behavior that helped the U.S savings rate drop so low.

http://wallstreet.blogs.fortune.cnn.com/2010/07/09/central-banks-start-to-abandon-the-u-s-dollar/

[Ponce]

Something is going on, in Jan I told the president of my bank that by the end of the year she should expect some changes in the USD and she said "No way"..........now she treats me with great respect.

[FunnyMoney]

Something is going on, in Jan I told the president of my bank that by the end of the year she should expect some changes in the USD and she said "No way"..........now she treats me with great respect.



Ask about FDIC coverage amounts, see if she drops her coffee or something. I'm not saying she has a direct line into the PTB, but maybe they've heard something interesting.

[Grand Master Melon]

Funny, I've started abandoning the US dollar too. ;D

[ximmy]

Funny, I've started abandoning the US dollar too. ;D


Right! the majority of us here and on all metal forums... the general populace of sleeping sheeple will be the last and most damaged beings for their lethargic reliance on government truth telling.

[Plastic]

Right! the majority of us here and on all metal forums... the general populace of sleeping sheeple will be the last and most damaged beings for their lethargic reliance on government truth telling.


Not just lethargic, but downright willful disregard on the part of many MANY people. Most of us here are thought of as either strange, paranoid or fringe for buying guns/garden seeds/prepping foodstuffs/gathering metals by the people we have warned. My parents think I am an idiot for prepping, I still stock food for them secretly though.

[DMac]

Re: Central banks start to abandon USD

U.S. Stripped of AAA Credit Rating...By China?! (http://www.zerohedge.com/article/us-stripped-aaa-credit-ratingby-china)

snip

Dubbed as the world’s first “non-Western” sovereign credit rating agency, in its debut international report, Dagone (means Big Justice in Chinese) downshifted the US to AA with a negative outlook, while UK and France were given AA-; Belgium, Spain, Italy with A-.

[I am me, I am free]

Dubbed as the world’s first “non-Western” sovereign credit rating agency, in its debut international report, Dagone (means Big Justice in Chinese)

OUCH! That's gonna leave a mark.

[DMac]

Dubbed as the world’s first “non-Western” sovereign credit rating agency, in its debut international report, Dagone (means Big Justice in Chinese)

OUCH! That's gonna leave a mark.


Yeah I got a kick out of that line too! :D