Since 2009 they have made currency
agreements with more than 20 countries and various regions including
Switzerland, Brazil, South Korea, the United Kingdom, the Eurozone, and Russia.
All of these deals simplified
trading by allowing these nations to makes exchanges in local currencies
instead of U.S. Dollars. And this trend is accelerating…
China has now worked with more than
10,000 financial institutions (up 1,011% from June 2011) to do business in
Chinese Yuan.
And many are convinced that China is
working to back their currency with gold to make it the number one alternative
to the U.S. dollar.
READ
MORE: Here
is China’s Plan to Destroy U.S. Dollar
China is even promoting its currency
as a world leader. Take a look at this billboard spotted by Simon Black of the Sovereign
Man outside an airport in Thailand.
“China is literally advertising its
currency overseas, and it’s making sure that everyone landing at one of the
world’s busiest airports sees it,” says Black. “They know that the future
belongs to them and they’re flaunting it.”
Stuart Oakley, a Managing Director
at Nomura Group recently told CNBC, “Let’s not kid ourselves, [China’s rise to
power] is well underway and further down the path than many think.”
And now, an
American PhD currency expert
named Steve Sjuggerud says we have a very good idea how the Chinese will secure
their spot as the true “alternative” to the U.S. Dollar and it’s all very
likely to start Octobers 20th of this year.
On this date, China, with the help
of one of the world’s leading international banking agencies, is looking to
make an
epic move in the world’s currency markets,
which will send shock-waves throughout China, America, and the rest of the
world.
Dr. Sjuggerud says: “The truth is,
you’re unlikely to see a currency event of this magnitude again in your
lifetime. I believe this announcement will trigger one of the most profound
transfers of wealth we’ve ever seen – You simply must be prepared, and
understand what’s about to happen.”
Dr. Sjuggerud is so concerned, he
has put together a full analysis on this situation, which you can access free
of charge, on his website here…
READ
MORE: How
China will dethrone U.S dollar
http://teapartyupdate.com/why-americans-should-be-worried-about-october-2015/
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