2016 … "The End of the Dollar’s Reign (Noted Economist Proclaim the Unthinkable)
During the final days of World War II, 730 delegates from 44 countries met at the Bretton Woods Conference with one goal: To develop a new, more stable, international “reserve currency.”
When the meeting ended, the U.S. dollar was crowned as that new, more stable, “reserve currency”… a position it still holds today.
This crowning has given Americans a huge advantage over the last several decades. In short, the food we eat, the gas we pump, and the clothes on our back are cheaper because the dollar is used to set prices for many of these items.
However, the dollar’s reign as the “reserve currency” is coming to a sudden end, very soon, according to several experts.
“There’s a huge bubble with the dollar,” says Former presidential candidate Ron Paul, “The fundamentals are a disaster.”
Renowned investor Jim Rogers adds, “The U.S. dollar… is a terribly, terribly flawed currency. The U.S. dollar is not a safe haven.”
And economist Jim Rickards writes, “The coming collapse of the dollar and the international monetary system is entirely foreseeable… Only nations and individuals who make provision today will survive the maelstrom to come.”
Mind you, it’s not just politicians, famous investors and economists who believe the dollars days are numbered…
The United Nations Conference on Trade and Development denounced the dollar saying “the current system of currencies and capital rules that binds the world economy is not working properly….”
Most frightening of all though is the warning from one famous economist, James Dale Davidson. He boldly states …
“We could see the death of the dollar as soon as 2016,
and there is nothing President Obama, Congress,
or the Federal Reserve can do to stop it.”
Yes, the U.S. dollar could lose its world’s “reserve currency” status in 2016.
When this happens, and it will, the prices of everything will get very expensive, very fast.
In short, the prices of the food we eat, the gas we pump, and the clothes on our back will skyrocket.
We will go from deflation, to hyperinflation.
And that’s just the start.
As Davidson explains, “This is a landmark development that I am convinced will trigger the greatest depression we’ve ever seen. Yes, worse than the 1929 Great Depression.”
Unfortunately, Davidson’s warnings can’t be dismissed. He has a remarkable track record of calling every major economic shift over the last three decades.
For example, Davidson predicted the stock market collapse of 1999 and 2007, along with the fall of the Soviet Union and Japan’s economic downfall, to name just a few.
His predictions have been so accurate, he’s been invited to shake hands and counsel the likes of former presidents Ronald Reagan and Bill Clinton — and he’s had the good fortune to befriend and convene with George Bush Sr., Steve Forbes, Donald Trump, Margaret Thatcher, Sir Roger Douglas and even Boris Yeltsin.
And now, in a new controversial video, Davidson shows irrefutable evidence for this collapse (he uses over 20 unquestionable charts to prove his point).
“I know that everywhere you turn things look pretty good,” Davidson goes says in the video, “The market is near all-time highs, the dollar is strong and real estate is booming again. But remember, the exact same scenario played out in 1999 and 2007. The economy is unraveling right now, and fast. Very fast.”
Davidson warns that a 50% stock market collapse is looming, that “real estate will plummet by 40%, savings accounts will lose 30% and unemployment will triple.” (To see Davidson’s research behind these predictions, click here.)
And although our future may seem bleak, as Davidson says, “There is no need to fall victim to the future. If you are on the right side of what’s ahead, you can seize opportunities that come along once, maybe twice, in a lifetime.”
Indeed, in his video, Davidson reveals what he and his family are doing to prepare right now, and even profit. (It’s unconventional and even controversial, but proven to work.)
While Davidson intended his video for a private audience only, original viewers leaked it out and now tens of thousands are downloading the video every day.
With his permission, I reposted the video below. To start the presentation, simply click on the play button