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Could all currencies re-set tomorrow?


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#1 Luigi1

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Posted 14 April 2013 - 10:25 AM

Guru I4U believes all currencies will re-set tomorrow.

 

He also heard on Bloomberg that a global re-set all at one time will be the only thing that can possibly save the Euro & USD at this time.


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#2 RVPleaseToday

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Posted 14 April 2013 - 10:46 AM

All countries can't agree to the simplest International accords, much less to an economic reset. The concept of a global currency reset is pure fantasy.


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#3 BETTYBOOP

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Posted 14 April 2013 - 10:48 AM

I do not know enough about currencies to really comment but sadly if they do i dont think what we are looking for will be in amongst them.
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#4 Luigi1

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Posted 14 April 2013 - 10:55 AM

All countries can't agree to the simplest International accords, much less to an economic reset. The concept of a global currency reset is pure fantasy.

 

 

Not diagreeing.

This has been in the works for decades & will eventually pave the way to a one world currency called the Bankor note.



I do not know enough about currencies to really comment but sadly if they do i dont think what we are looking for will be in amongst them.

 

 

There are several sites you can go to & obtain information.

 

Google it. Key words, Bankor Note,  one world currency, NWO, WTO, digital or e-currency.


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#5 staunch

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Posted 14 April 2013 - 10:58 AM

ugh..............


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#6 BETTYBOOP

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Posted 14 April 2013 - 11:00 AM

cheers luigi. :twothumbs:
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Life is like a box of chocolates.............you NEVER know what you're gonna get..... Forrest Gump.

" No child is born a criminal, to become tormented and a lost soul to mental illness, or to be ravaged in mind and body through substance misuse.............. Life choices, circumstances and society " assist" in making it happen. ".......... Elizabeth Robertson. (Bettyboop).

At the going down of the sun, and in the morning.........WE will remember them. Thank you to the veterans of the world, past and present , for my freedom.

#7 dog53

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Posted 14 April 2013 - 11:03 AM

Tomorrow ?  Hmmmm  let me check my schedule

Yeah tomorrow will work. :)


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#8 Silverdinar

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Posted 14 April 2013 - 11:11 AM

Nice find...hope it is a global day of change tomorrow.... Go RV!!!!!!!!!!!!!!!!!1 :twothumbs:


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#9 sxsess

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Posted 14 April 2013 - 11:13 AM

Luigi, I have been a equity investor and a currency trader for 25 years. I have had great success in stocks (specifically biotech's). Currency traded has not been so kind. I can tell you from my experience and from other forex traders I communicate with on a frequent basis that a global currency reset is a fantasy. If this did happen, the USD would take a hard fall because in comparison to strong currencies such as Kuwaiti Dinar, UAE, Swiss Franc the dollar would definitely be devalued as it should be. Look what just happened in Venezuala with their recent currency devaluation of 30%. Chavez ordered it devalued from his death bed because of years of that government and Chavez's corruption with spending the country bankrupt. IMO, until we get these governments out of power, they will continue to spend other people's money. That's socialism 101. Sorry if my rant got off base.
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#10 Luigi1

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Posted 14 April 2013 - 11:18 AM

Luigi, I have been a equity investor and a currency trader for 25 years. I have had great success in stocks (specifically biotech's). Currency traded has not been so kind. I can tell you from my experience and from other forex traders I communicate with on a frequent basis that a global currency reset is a fantasy. If this did happen, the USD would take a hard fall because in comparison to strong currencies such as Kuwaiti Dinar, UAE, Swiss Franc the dollar would definitely be devalued as it should be. Look what just happened in Venezuala with their recent currency devaluation of 30%. Chavez ordered it devalued from his death bed because of years of that government and Chavez's corruption with spending the country bankrupt. IMO, until we get these governments out of power, they will continue to spend other people's money. That's socialism 101. Sorry if my rant got off base.

 

 

Thanks for the comment.

 

What's your opine on a one world currency?


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#11 4aprofit

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Posted 14 April 2013 - 11:23 AM

Whether anything happens now or ever...who knows...but for the last appx. 3 years, most all monetary entities worldwide, have been mentioning a "GLOBAL RESET" coming...

 

The G-20 Meeting in Los Cabos, Mexico, as well as the IMF...put out articles..depicting where the "EMERGING MARKET COUNTRIES"...would boost and/or bail out the "GLOBAL ECONOMY"...

 

Can anyone explain what all or any of this means?....For what it's worth....


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#12 sxsess

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Posted 14 April 2013 - 11:23 AM

IMO would never happen.. China is the biggest currency manipulator in the world. South Korea also holds their currency down. A one world currency would never work because most countries would never give in to the rules in the first place.
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#13 4aprofit

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Posted 14 April 2013 - 11:27 AM

At the rate things are going economically...at least in most areas...should there not something come along that will boost or bail out some of these monetary systems..it really wont matter...as it will all be over anyway...it really wont matter what color or kind of money your holding...lol...



Either there is a plan...or there is'nt...but for many that can read between the lines...there must be something, at least if things are to continue...


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#14 Luigi1

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Posted 14 April 2013 - 11:30 AM

IMO would never happen.. China is the biggest currency manipulator in the world. South Korea also holds their currency down. A one world currency would never work because most countries would never give in to the rules in the first place.

 

 

Agree. China, SK & Vietnam are under pressure by the WTO to RV to prevent further currency wars & give Western nations a fair advantage over lavor & costs of exports compared to emerging markets. This kinda evens the playing field.


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#15 RVPleaseToday

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Posted 14 April 2013 - 11:30 AM

4aprofit, history is not on our side. All economies and societies eventually fail. 


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#16 sxsess

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Posted 14 April 2013 - 11:34 AM

Whether anything happens now or ever...who knows...but for the last appx. 3 years, most all monetary entities worldwide, have been mentioning a "GLOBAL RESET" coming...
 
The G-20 Meeting in Los Cabos, Mexico, as well as the IMF...put out articles..depicting where the "EMERGING MARKET COUNTRIES"...would boost and/or bail out the "GLOBAL ECONOMY"...
 
Can anyone explain what all or any of this means?....For what it's worth....


4aprofit I can see a revaluation of multiple currencies happening at once. I understand why this RV is taking so long, because many factors are at play here. It's not just about the Iraqis and their bickering. This RV will affect every tradable legitimate currency in the world. If they are planning a multiple RV all countries will have involvement. IMO this must be what they are talking about with a global reset.
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#17 Luigi1

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Posted 14 April 2013 - 11:38 AM

4aprofit, history is not on our side. All economies and societies eventually fail. 

 

 

 

True. These are only stop gap measures to keep the global economies from deteriorating further.

 

The Great Depression was global. This next downturn will also be global. Many nations could fall just like Greece & Cyprus.


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#18 sxsess

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Posted 14 April 2013 - 11:45 AM

True. These are only stop gap measures to keep the global economies from deteriorating further.
 
The Great Depression was global. This next downturn will also be global. Many nations could fall just like Greece & Cyprus.


Yes your right. If this country (US) goes bankrupt, and it looks like it will, the world will suffer immensely. Financial instability puts our national security at great risk. If things stay in this direction, this will be a very scary place to live.
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#19 coolbeans

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Posted 14 April 2013 - 11:46 AM

We are in a currency war. The only thing we will see is the US dollar fall in value to the lowest levels ever.

 

That is all guru Bullsh*t about the global reset.

 

Here is what is really going on, brace yourself for the truth.

 

http://w3.newsmax.co...CFQgHnQod0DQA7g


Edited by coolbeans, 14 April 2013 - 11:47 AM.

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#20 10 YEARS LATER

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Posted 14 April 2013 - 12:13 PM

We are in a currency war. The only thing we will see is the US dollar fall in value to the lowest levels ever.

 

That is all guru Bullsh*t about the global reset.

 

Here is what is really going on, brace yourself for the truth.

 

http://w3.newsmax.co...CFQgHnQod0DQA7g

The World is in a World of S**T            As a subscriber to Newsmax & Moneynews, well I'v'e been reading about this for a while now. Xcellent find coolbeans  :twothumbs:


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