China, Russia quit dollar

Posted: November 24, 2010 in Current Events, Financial Survival

This is huge.  China and Russia will no longer use the dollar for bilateral trade, they will use their own currencies.  Americans need to stay focused on China and Russia.  Do not get to distracted with the Middle East or North and South Korea, China and Russia will determine the face of the New World. 

In the meantime continue to protect your wealth through gold and silver.  If you cannot afford gold and silver you may want to begin storing foods with long shelf lives, inflation will be huge in 2011 for items we need such as food and energy. 

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Comments
  1. China, Russia quit dollar « Your hedge…

    Here at World Spinner we are debating the same thing……

  2. […] Yes we are the world’s reserve currency for now, however this is changing.  Recently Russia, China and Turkey have announced they will no longer trade in US Dollars.  There are many parts of the […]

  3. […] only reason why we are not spending 40% to 50% of our income on food is the dollar is still the world reserve currency, however this is […]

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