The left – right combo before the knock out…

I am speaking of two stories that represent a lighting fast two punch combination intended to set the opponent up for the knockout blow. There will be some more body blows to the mid-section of what was once the world reserve currency before the knock is delivered however there is no doubt as to the outcome of this bout.

The US Dollar is dying and shortly will be the corpse of a currency. The winner will be China's Yuan Renminbi. American citizens will be left holding the bag and the rest of the world will be free of paying for our consumption. The free ride is about to end, badly.

To the news.

The Sharp Left-
You will find an on announcementBloomberg that the UN is calling for a new global currency. Heiner Flassbeck, the director of the UN Conference on Trade and Development stated in a published report Monday the dollar needs to be replaced as the reserve currency. Of course he goes on to say that a yet to be determined world financial regulatory organization will have to manage the transition. This is two fold, one it will set the dollar free to implode while setting up a world government.

The Right Hook-
On Market Watch is an article in which China’s Ministry of Finance said Tuesday it will sell 6 billion yuan worth of bonds. This is the first milestone towards China internationalizing their currency. Now, if no one buys then the dollar’s hegemony is intact. If there is strong demand for these Chinese bonds then the dollar is a dead man walking.

If you are curious as to why FEMA has foreign troops training in the US to respond to “terrorist” events this is why. When the dollar implodes and americans finally awake form their 60-year slumber they will not like what they see. It will be a traumatic event realizing themselves and their children are destitute. The government cannot count on US troops to disarm and/or fire upon their fellow citizens, so they need to have foreign troops integrated within FEMA for this kind of response.

At least we know it is coming and can prepare.

PS. Gold and silver are up dramatically over the last four days.