Reasons why the U.S. dollar may lose its "Reserve Currency Status!!! Sooner rather than later....

The attached link may be one of the most interesting outline of why the U.S. Dollar is about to lose

its reserve currency status.  My question is what effect will this have on the importance of natural gas and natural gas prices. The video show in this link detailed what I already knew was happening when Russia and China have already gotten together with other countries to replace the dollar as the worlds reserve currency but also revealed other aspects of how the countries of the world are reacting to this information.

http://pro.moneymappress.com/MMRBSSH39/PMMRQ919/?iris=255948&h=...

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Permalink Reply by paleface on September 19, 2014 at 1:10am

 Pre 1982 pennies are 95% copper you can buy them on E-BAY for about 1.5 cents there melt value right now is about 2.10 cents.The melt value fluctuates but stays above 2 cents. 

Permalink Reply by Tim Tarr on September 19, 2014 at 3:23am
Lead and gunpowder. When US goes to digital currency and recalls greenbacks the "stuff" will hit the fan.
Permalink Reply by Robert Matthews on September 19, 2014 at 3:32am

Tim,  I don't think that digital currency will ever happen.   too many crooked politicians and drug dealers.... I am with you on the lead and gunpowder though...

Permalink Reply by Carl Krebsbach on September 24, 2014 at 1:21am

It is already happening.  Thousands of retailers are accepting bitcoin.  This article cites some of the larger companies.  http://www.nasdaq.com/article/what-companies-accept-bitcoin-cm323438

After 2016, Amagi Metals will no longer be accepting payment in dollars:  http://www.coindesk.com/bullion-dealer-amagi-metals-stop-accepting-...

Permalink Reply by Summer Johnston on September 24, 2014 at 2:35am

When US goes to digital currency and recalls greenbacks....

One of my big concerns, recalling and re-issuing the dollar, making current tender illegal.Or $100 recalled and $90 (or less) reissued. And probably done so to flesh out "drug money," although it will certainly impact anyone squirreling away any mattress money. From an international standpoint, who will want our currency? That's the perfect time to nationalize corporations. So far just bondholders have been screwed over.

Check out page one of your accountant's profile sheet. "Do you engage in bartering?" Government doesn't want what they can't track.

I can't begin to imagine what different scenarios could arise, but ain't none of 'em good.

Permalink Reply by Renee E. Dorsey on September 23, 2014 at 3:14pm

All you need to know is to learn about how the Federal Reserve and central banking works.   Then you won't sleep for awhile.   Because we ARE screwed and have been since 1913.    Why do you think I started a Prepper business?   

As to another Reagan?   Well, we had the closest thing to him and the RNC screwed him and those of us who supported him in 2012.      They got what they deserved - another 4 years of the puppet.

Added:  A REALLY good book to read is "The Creature from Jekyll Island" - by one of my personal heroes, G. Edward Griffin.   It will give you the truth.

Permalink Reply by Carl Krebsbach on September 24, 2014 at 1:40am

You tube has lots of videos featuring G. Edward Griffin speaking.  Here is the Jekyll Island book on audio:  https://www.youtube.com/watch?v=dukczz_kyco

Your mention of what happened in 2012 reminded me of the kick-off press conference:  https://www.youtube.com/watch?v=s-2Zs0-N1dA

Permalink Reply by Joseph-Ohio on September 24, 2014 at 2:01am

My prediction:

When the world's foreign flags stop calling on us to defend their established governments / systems with our military might and flesh and blood then perhaps the world may also choose to abandon the U.S. dollar as the world's 'Reserve Currency'.

How likely do I think that will happen ?

Unlikely is my answer.

Also, I think Bitcoin is a scam.

All as always only IMHO.

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