Jun 13 2009

Gold And The US Dollar YOUnique Wealth

Events are now being discussed by major global entities outside of the USA which will have historical ramifications for Gold and the US dollar.

“Brazil and China will work towards using their own currencies in trade transactions rather than the US dollar, according to Brazil’s central bank and aides to Luiz InĂ¡cio Lula da Silva, Brazil’s president. The move follows recent Chinese challenges to the status of the dollar as the world’s leading international currency”. Full article HERE

This extremely important financing event is the arrangement between China and Brazil to displace the dollar as China becomes the major trading partner with Brazil. Since then, the rial has been in an upward trend, and the dollar has been heading downward.

Now Russia has entered the picture.

“ST. PETERSBURG, Russia — Russian President, Dmitry Medvedev, questioned the U.S. dollar’s future as a global reserve currency and said using a mix of regional currencies would make the world economy more stable. Russia may consider ruble-yuan swaps.” Full article HERE

This is a once-in-(approximately)a-century replacement of a trading currency that has always meant a dethronement of the deposed and coronation of a new currency king. The last time this happened was when the US dollar supplanted the British Pound as the major trading currency. Believe it or not, the entity was Brazil 79 years ago!

It had taken the British approximately 300 years to achieve the same event with the Portuguese Escudo and the British Pound. This occurred only twice in 379 years.

I have seen these events coming now after understanding it for quite some time regarding currency and international trade. The historical example of the Portuguese and Britain pertaining to today with China / Brazil (two countries that are industrializing 8 to 12 times faster than the west did after WW2) is a very significant historically repetitive event.

This process has happened many times throughout history, yet very few actually pick up on it as they research history. The same thing happened to Rome with it taking approximately 200 yrs for the Byzantine Empire to achieve! The Byzantines did not collapse Rome; they simply replaced their systems with their own leaderships, systems (Gold issuance - Bezant gold coin) and then pushed the expansion out for another 200 years.

Sounds like today, doesn’t it? The reason being that developing nations today want the western world systems to accommodate their growth which they will get one way or another as time goes by! You see, our current systems will not be collapsed; they simply will have the leadership of them replaced, and then the expansion after a minor contraction will continue for decades to come. We are on the cusp of a massive boom like never before seen in all of human history. And as in the beginning of all major booms, it will be driven by what that society needs - in other words, strategic commodities!

This may sound contrary to the thesis which is developing in the main stream. Yet, back in the early 2000s I can remember being very contrary with my views to what is becoming the norm now. It was normal for me to hear audible skepticism coming from an audience. Fundamentally enough, I don’t hear from those hecklers today.

History is in the making, yet very few will see it in today’s world until many decades after the events of today!

This kind of understanding is within the realm of the Generationally Wealthy and their constituents. Is it any wonder Gold is called the money of Kings, mainly because only

Kings and their advisors are the ones who have the foresight, care and aptitude to understand it so that it will benefit those who follow them.

Selling value or getting out of a business that sells value is a sin.

More later,

Simon Heapes

Simon Heapes
Director / Treasurer
Anglo Far-East Bullion Company

http://www.anglofareast.com/globalinsider

1 Comments on this post

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  1. Spray Booth said:

    golds seems to be a very smart move now. just watched the Kyiosaki video and now i am convinced.

    July 20th, 2009 at 7:01 am

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