investmentwatchblog.com / February 9th, 2013
JIM WILLIE: FEVER PITCHED CURRENCY WAR & USDOLLAR REJECTION IN 2013
The Competing Currency War threatens to disrupt international relations
The year 2013 will be the year when the USDollar is isolated and set up for rejection
A return to the Gold Standard is in the works. The key to the solution is a USDollar alternative, actually trade settlement outside the USD
A Gold Trade Note is coming, the basis of Eastern trade, serving as a Letter of Credit
THE CURRENCY WAR HAS REACHED A HIGH FEVER PITCH
Watch for a G-20 Meeting flash point, especially if the US & UK boycott the conference in Moscow beware the requiem for the US nation.
Global currency war could get nastier, warns Brazil’s Mantega
(Reuters) - The global “currency war” could get even worse if Europe joins the fray, says the man widely credited with coining the term.
Brazilian Finance Minister Guido Mantega told Reuters European countries should focus on reviving their economies with more investments, rather than trying to weaken the euro to protects jobs as France has suggested ahead of next week’s meeting of G20 economic powers.
