David Morgan: Dollar Collapse Starts Sept 30? Gold Bull Will Rage (Video)
With major analysts predicting a convulsive impact to the US Dollar this fall, driven by a global rush into the new SDR basket of currencies once it becomes turbo-charged with the Chinese Yuan and gold, how will Gold and Silver react, and what can you do NOW even beyond holding gold & silver to position yourself ahead of the next surprise leg of the bull market?
IN THIS INTERVIEW:
Approaching Sep 30, 2016 Chinese Yuan addition to the SDR basket of currencies
Jim Rickards has predicted a major upset to the global fiat currencies, including the US Dollar at the end of trading (4pm EDT Sept 30, 2016)
Most nation states know that there needs to be a reset – SDR will be funded by all the nation states, will the SDR be enacted as the new global currency? At least for state-to-state finances?
SDR may well be perceived as more desirable since “more stable”: a hedge against individual currency fluctuations. Will dollars be swapped out for SDRs by major holders all over the world?