Comments on Market Skeptics: Khaleeji Will Be The Gulf's Common Currency In 201...

This is going to be very interesting to see anothe...

2010-07-07T12:47:06.419-07:00

This is going to be very interesting to see another major currency enter the forex market.

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This action proof to be a win, win situation. This...

2010-06-07T03:44:34.519-07:00

This action proof to be a win, win situation. This is a true art work, which will be a success story. The above statement is seen to be contradictory. The situation is very critical and need an experience complainer to resolve it. This conversation is going no where. It’s lacking the place of a good leader to head the things to come out on conclusion.
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The new currency is very exciting and I was readin...

2009-02-19T14:09:00.000-08:00

The new currency is very exciting and I was reading it may be out as soon as Sept of this year. However, I have not seen anything but rumors which say it will be backed by gold. I approve and would love it, but to date I've only seen a basket of currency including the dollar and euro. If you can point to a URL where it has that info it would be great.
Mark Herpel
Editor - DGC Magazine

It's going to be exciting to see another major cur...

2009-02-18T23:58:00.000-08:00

It's going to be exciting to see another major currency enter the forex market.
But currently, with the deteriorating price of oil, this new currency isn't going to be so strong...

BINGO!!! Thats the point Eric. Its the manufactu...

2009-02-18T23:45:00.000-08:00

BINGO!!! Thats the point Eric. Its the manufacturers meeting the commodity producers, someone, somehow, someway needs to introduce these parties to each other!!! Bind them with a common currency backed by commodities, currencies and of course gold, and it is a DONE DEAL!!

Peter Schiff was in the middle east telling the sheiks to buy the gold miners, if they take his advice your going to see the sparks fly.

This is going to happen! And it is going to happen SOON!!

When our central bank monetizes the debt and starts buying treasuries look for all HELL TO BREAK LOOSE!

The Chinese are silently backing out of treasuries buying a stake in Rio Tinto,getting a foot into Afica, they can see the writing on the wall. The long suffering Japanese are going to have to deal with a phony economy built to service a phony economy (ours). They will be mirred in stagnation/deflation untill someone leads them by the nose, kicking and screaming into the new world order. But once they get the hint that they need to change with the times, they will. The Japanese are industrious, smart and frugal, these are good points to base an economy on.

This is gonna get done folks, OPEC coupling up with the far east will equal a GLOBAL decoupling. Trade surplus countries will unite into a mutually beneficial trading block devoid of the G7 albatross.

Look for a dollar crisis THIS YEAR. If you need durable goods get em now. Take a look at Canadian oil trusts to lock in your hedge against higher oil prices. Stock up on grains, canned meats, imported goods etc. Take advantage of the current liquidation phase of the economy everything is getting close to as cheap as its EVER gonna be again.

This is gonna get messy and it's probably gonna catch everyone flat footed. Buy gold to lock in future purchasing power that you aren't able to spend on grains, oil and firearms DONT WORRY if gold goes down in price at this point, EVERYTHING else will follow (except for oil which is at a historically high ratio to gold.)

Batten down the hatches, if these dolts (OPEC, eastern Asia) ever get their collective act together, your going to see an absolutely HUGE global transference of power, wealth and prestige in a VERY short period of time at OUR expense.

Good luck.

PS:Eric you buying grains yet? Gold is at a grand, better hurry.