Believe it.......Or not?

[Wall Street Junkie]

This information has not yet made the financial news, but here is a heads up for all of you on the group of currencies in the first "basket of currencies" out of the 168 scheduled for revaluation or devaluation.

I'd strongly suggest that you study these currencies, know what their current value is, find out what the nation's asset base is, and make your own determination as to the feasibility of investing in them.

Time is of the essence in this -- obviously!! Two of the currencies listed are two we've talked about and are very familiar with -- the IQD and the VND., or within days What is interesting about this list is that these two currencies are obviously revaluing either at the same time of each other.

The IQD's revaluation is literally "moments away", if I can put it like that, and the Dong will follow almost immediately thereafter.

Following is the list as it was provided to me: Jordanian Dinar, Somali Shilling, Seychelles Rupee, Sao Tomean Dodras (whatever that is), Tunisian Dollar, Syrian Pound, Tanzanian Shilling, Malaysian Ringg, UAE Dirham, Peruvian Nuevo, Philippine Peso, Qatari Rial, Namibian Dollar, Euro, Nigerian Naira, Omani Rial, Chinese Yuan, Kazakhstani Tenge, Lebanese Pound, Vietnamese Dong, Iraqi Dinar, Colombian Peso, Bolivian Bolivano, and the Venezuelan Bolivar.

The Venezuelan Bolivar devalued this past week by something on the order of 50% against the USD. The Euro is slated for devaluation and elimination several weeks or months from now, and it will be replaced by the new German Mark (the Mark II), which will be the new currency of the European Union.

You'll notice that the USD is not among this list. The USD is going to lose value, but from all I've seen and heard, its value will drop and then gain in stages in relationship to other currencies.

One currency not on this list that I was advised was going to devalue this week is the New Zealand Dollar. I'm not sure if that was an error or not, or if it is supposed to be in the next basket, but keep an eye on the NZD.

[jl2nyc]

Whether we believe it or not, or hope that it's true... this is a rumor without a link/source/media reference and should be in another forum.. nothing more than what we've heard many times before.

[deniscanada]

If its Not in the NEWS or in MAIN STREAM MEDIA its BS  !! plain and simple.

 

Post this in proper catagory

[sellmhi]

If its Not in the NEWS or in MAIN STREAM MEDIA its BS  !! plain and simple.

 

Post this in proper catagory

Even if it's in "MAIN STREAM MEDIA" it's BS !! plain and simple.

[fib1618]

no comment

[Danneedsrvnow]

The post comes from Eagle1

[C.H.]

DELETE, DELETE, DELETE.  PURE SPECULATION.

[The Machine]

I've seen articles like this one a few times over the past few years and this one is no different   

 

the main reason whay I think its complete BS is the fact that they always put the Venezuelan Bolivar in this "basket of currencies" lol

 

The Venezuelan Bolivar has devalued 5 times in the past nine years most recently in January this year by just over 30% !!

 

The new addition in this article is the Euro .... ha ha ha really !! what idiot wrote this .... the Euro is going down just like the dollar and the british pound.

[Jmasters]

no comment

You just did.