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<p>[QUOTE=&quot;desertgem, post: 1952802, member: 15199&quot;]&quot;<span style="color: #ff8000"><i>Not in the &quot;financial domsday theory&quot;, no, but in the end of the USD as a preferred medium of exchange, absolutely. It&#039;s been hobbling along for many years now, assisted with as much craftwork as members of the Federal Reserve and the US Treasury can muster.</i></span></p><p><br /></p><p><span style="color: #ff8000"><span style="color: #000000">An article from today&#039;s business section indicates that foreign central bank reserves globally has increased the US Dollar ratio to 61.2% of total, the Euro has dropped from 25.3 % o 24.4%, so that is approx. 85% of World wide the economic faith USD/Euro , even with our non-friendly countries. No indications to the reverse , even with the Feds saying that they are phasing out the expansion this fall.</span></span></p><p><span style="color: #ff8000"><br /></span></p><p><span style="color: #ff8000"><i>They&#039;re just about out of maneuvers and time, and when the lights finally come on, the cockroaches will surely scatter, leaving our currency to stand on its remaining merits . . . none.&quot;</i></span></p><p><br /></p><p><span style="color: #ff8000"><span style="color: #000000">On the other side of the economic world, BRICS ( Brazil, Russia,India,China,South Africa decided to finally start their own World Reserve bank , bank in China, India has first presidency which will rotate. </span></span></p><p><br /></p><p><span style="color: #ff8000"><span style="color: #000000"><a href="http://www.ndtv.com/article/india/india-to-head-brics-100-billion-new-development-bank-559330" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ndtv.com/article/india/india-to-head-brics-100-billion-new-development-bank-559330" rel="nofollow">http://www.ndtv.com/article/india/india-to-head-brics-100-billion-new-development-bank-559330</a></span></span></p><p><br /></p><p><span style="color: #ff8000"><span style="color: #000000">There are other stories ( google BRICS), and many have doubts about the success, as China is the key, and they really want more control which delayed the event by 2 years.</span></span></p><p><br /></p><p><span style="color: #ff8000"><span style="color: #000000">So now everyone investments can be based on the USD-Euro type of world bank companies or the BRICS investment companies. For investments between now and 20 years I would go with the USD as the primary reserve as the safest bundle. IMO.</span></span>[/QUOTE]</p><p><br /></p>

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