Below is each Global Reserve currency and summary circumstances surrounding the downfall of their status as such.
Source: Pictorial: Global Reserve Currency Empires | ZeroHedge
Tag Archives: gold
In discharging their responsibilities to the status quo, central banks will end up destroying their own currencies.
So, why do we persist in pricing everything in failing currencies, when that will almost certainly change?
When the difference between legal money and declining currencies is finally realised, the public will discard currencies entirely reverting to legal money. That time is being brought forward rapidly by current events.
Source: Macleod: The Upside-Down World Of Currency | ZeroHedge
A very important read. This is what is coming and what we’ve been working on for the last six years without pay. -ed
BCBS is the Politburo of the world, whose Secretary General, according to rumours, is comrade Baruch, and the underground structure of the Central Committee is even more secret. It has many euphemisms, the most adequate of which is “Zurich gnomes”. This is what Swiss bankers are called. Not even owners of commercial banks, but namely those ordinary-looking men sitting in the Swiss city of Basel who Hitler – who tried to attach the whole world to the Third Reich, and who preserved neutrality with Switzerland during all the war – didn’t dare to attack. And, as is known, in Switzerland, besides Swiss rifleman, in reality there isn’t even an army. So who was the frenzied Fuhrer afraid of?
Nevertheless, the “recommendations” that were made by BCBS on March 29th 2019 were immediately, at the snap of the fingers, accepted for execution by all the central banks of the world. And our Russian Central Bank is not an exception. There is even the statement of the press service of the Central Bank of the Russian Federation posted on the official website of the Central Bank. It is called “Concerning the terms of implementation of Basel III”. The planned world revolution was in 2017 (magic of dates and digits or just a coincidence [a reference to 1917 – ed]?), but it has started only now.
Its essence is simple.
Read to the end from the link below and buckle up, especially you in the USA and vassal states (like Canada). -ed
Source: Gold & Basel 3: A Revolution That Once Again No One Noticed | Zero Hedge