2014 will be the year of the currency reset and gold backed trade note
Kenneth Schortgen Jr Finance Examiner - December 28, 2013
Kenneth Schortgen JrFinance Examiner - 2013年12月28日
On Dec. 26, financial analyst and statistician Dr. Jim Willie provided a look at major economic events that will take place and shape the global financial system in 2014. Of the several key changes set to occur in how nations trade amongst one another, the two primary events. that of a currency reset and the implementation of a gold backed trade note, will be the catalyst for China's vision of a de-Americanized financial order.
金融分析師兼統計學家Jim Willie 博士在12月26日發表了對2014年經濟的看法。他提到明年將會發生幾件會改寫全球金融體系的大事。這其中比較關鍵的改變包括國際貿易方式的改變，貨幣重置和實施金本位貨幣。這些政策將會促成中國在國際金融圈去美國化的未來願景。
The next year will feature many powerful new effects. The Indirect Exchange will become a prominent fixture, its channel filled. It will direct many $billions in USTreasury Bonds from large scale asset acquisitions by Eastern and BRICS players, sent back to New York and London. The payments for the asset purchases will be done in USTBonds, as the Eastern entities dump them as fast as they can before the great devaluation.
But the biggest shock waves will come from the currency reset followed by the introduction of the Gold Trade Settlement. The return of the Gold Standard is near, but it will arrive on the trade vehicles, not the FOREX currency or SWIFT bank platforms. It will feature the Gold Trade Note, used as letter of credit. - Goldseek
At least 23 nations have already prepared for a new trade system that will occur outside the dollar and Swift systems. Through their moves away from reliance on the dollar via the creation of new currency swap lines, major economic powers are transitioning away from the 42 year old petro-dollar system that saw America devalue its currency nearly 98%, and export inflation to the rest of the world.
A global currency reset is inevitable, especially when you consider that the historic life cycle of a purely fiat currency is only 30 years, with a maximum length of 42 years. This falls in line with the U.S. dollar which has been a purely fiat currency since President Nixon took America off the gold standard in 1971, and subsequently allowed the central bank to grow the economy with debt rather than sound money and real production.
2013 will go down in history as the year of global currency wars. But intermixed in this financial conflict will be the rise of China, and their plans for a new financial order. And as Dr. Willie points out in his assessment for the coming year, when the global currency reset happens, the vacuum that will occur will not be void for long, and will be quickly filled by China with two new options that promise greater stability than what the U.S. had offered for more than a decade.
Patrick Shih 翻譯