We have actually brought you the concepts of Brian Dale Davison before, but there's a new reason to consider exactly what he has to say because he is warning us that June 21 will bring a civilization-shifting change that will considerably disrupt the monetary security of the world-- and your own finances.
Around then, Davidson, figures, the effects of the precipitous decline of the U.S. dollar as the globe's preferred currency - especially as the basis of "petrodollars" - will be in full sway. And that means you should be seriously considering moving or fortifying your investments in forms of currency that will be strengthened by such a tectonic shift: gold and silver.
Of course, my investment firm has actually been advising our clients for many years on the importance of transforming their paper money into God's money--gold and silver--for a number of reasons.
And it's not as if Davidson, a geopolitical pundit of legendary proportions, is the only one sounding such dire warnings.
A story on CNBC Today asks if the dollar is on its deathbed and discusses its concerns that the dollar's regime as the world's currency will come to an end. All this is a reflection of a worldwide financial instability despite all the media talk about the "recuperation" in the U.S. and Asia. In fact, the Tokyo stock exchange has been plunging into a new correction, with shares now off by well over 10 percent from their recent highs.
However, let's return to Davidson. He believes that, as weakened as the U.S. dollar and the American economy is right now, things are going to get a lot more interesting because of two factors: the unfortunate state of America's fiscal affairs, and the decisive step taken by oil-exporting countries away from their 40-year practice of basing the entire petroleum industry on the dollar.
The game-changing event began when the Tehran Times published a short article about a year ago which said that Iran would certainly start moving away from relying on the petrodollar. As this idea spreads all over the world, it is sapping away the power of the The United State every single day, and this power is moving to other currencies and various other expanding economies, such as China.
What are regular investors to do in the face of such history-altering events? Davidson recommends a couple of possibilities. One of them involves a fait-money play called the Powershares DB US Dollar Index Bearish Fund, an exchange-traded fund. But his other recommendation is the one that we agree with: buy gold.
Around then, Davidson, figures, the effects of the precipitous decline of the U.S. dollar as the globe's preferred currency - especially as the basis of "petrodollars" - will be in full sway. And that means you should be seriously considering moving or fortifying your investments in forms of currency that will be strengthened by such a tectonic shift: gold and silver.
Of course, my investment firm has actually been advising our clients for many years on the importance of transforming their paper money into God's money--gold and silver--for a number of reasons.
And it's not as if Davidson, a geopolitical pundit of legendary proportions, is the only one sounding such dire warnings.
A story on CNBC Today asks if the dollar is on its deathbed and discusses its concerns that the dollar's regime as the world's currency will come to an end. All this is a reflection of a worldwide financial instability despite all the media talk about the "recuperation" in the U.S. and Asia. In fact, the Tokyo stock exchange has been plunging into a new correction, with shares now off by well over 10 percent from their recent highs.
However, let's return to Davidson. He believes that, as weakened as the U.S. dollar and the American economy is right now, things are going to get a lot more interesting because of two factors: the unfortunate state of America's fiscal affairs, and the decisive step taken by oil-exporting countries away from their 40-year practice of basing the entire petroleum industry on the dollar.
The game-changing event began when the Tehran Times published a short article about a year ago which said that Iran would certainly start moving away from relying on the petrodollar. As this idea spreads all over the world, it is sapping away the power of the The United State every single day, and this power is moving to other currencies and various other expanding economies, such as China.
What are regular investors to do in the face of such history-altering events? Davidson recommends a couple of possibilities. One of them involves a fait-money play called the Powershares DB US Dollar Index Bearish Fund, an exchange-traded fund. But his other recommendation is the one that we agree with: buy gold.
About the Author:
Stop by Anne Trimble's site where you can find out all about her latest bookFaith Through The Flames.
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