As the last currency standing, free from direct or indirect debasement,
unlike all major paper currencies of the world.
From
(1)
'The Fed’s Only Escape Is to Trash the Dollar'
August 13, 2016, Jim Rickards, editor, Strategic Intelligence
https://bonnerandpartners.com/weekend-edition-the-feds-only-escape-is-to-trash-the-dollar/ "There are four ways to get inflation when rate cuts are off the table.
These four ways are helicopter money, world money, higher gold prices,
and currency wars."
Rickards says in august 2016 only debasing the US dollar was doable,
helicopter money in 2017, IMF world money or SDRs in 2018 and finally
gold money when all currencies go down, in 2019.
me- The last year 2019 most significant, since in the article above, if the
FED would trash it's own currency in 2016, something has to go up when
the US dollar goes greatly down. He says it's the yen and euro. But these
currencies are as much basket cases as the US and pound are.
That just leaves gold as the last currency standing, as he admits for
2019.
(2)
me- however it could be a lot sooner if what Rickards thinks is going to happen
on april 21, 2017 onwards, happens, at the IMF, which is a force trashing and
dethroning of the US dollar.
And then the consequences of that afterwards in the voting at the IMF.
We probably won't even be made aware of it in a broad public news reporting
way. Just from our favorite analysts digging in the background for what is really
going on, on the world stage of currencies, central banks, brokerages, hedge
funds, high frequency trading, bonds/stockmarkets/RealEstate, bubbles, and
you name it.
Apparently most importantly what happens at the voting allotment arrangement
at the IMF. Who controls the most vote has the biggest say and veto power.
If the US loses VETO power, the US currency is history.
From
'
NEXT TRIGGER EVENT: April 21st, 2017, 9:00 AM' By Jim Rickards, intelligence, gov'ts and financial world
advisor
https://pro.agorafinancial.com/p/AWN_dollarreset_0716/MAWNS813/?h=true (On april 21, 2017 the allotment of voting power changes and quite possibly
into the BRICS favor now, with China/Russia as the leaders of the BRICS
and not kindly disposed to the US anymore, if ever. This is the allotment now
in graph form.)
me- Scroll down to "
As you can see, the U.S." as the important point to begin.
Here's a brief snippet of what is important and perhaps not needing to read
the rest.
"
As you can see, the U.S. is the only country with a percentage over 15%. That's exactly enough voting power to veto any IMF proposal. Up until now,
it's why it's been easier for the U.S. to call the shots. However, this coming
year -- 2017 -- those quotas are set to "re-balance." And they're going to
re-balance away from U.S. interests like, say, keeping the dollar as the
world's #1 reserve currency. How so? ....... " The question is, is that going to happen or not? We might not find out tomorrow
in a public informative news way?
But we might infer it in a indirect way, if the stocks markets of the west go down
a lot?
However since all currencies are out of whack and debased, the last one
standing, if the US's goes down by IMF reallotment voting, will be gold, and
apparently before the inevitability of that in 2019.