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Canadian Dollar Will Drop To Half a Cent USD

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from World Alternative Media:

As experts claim the Canadian dollar will hit 59 cents or less, there’s no sign it will stop falling. Jeff Berwick (The Dollar Vigilante) says 2016 will be a bloodbath. Legendary author G. Edward Griffin gives the dollar 2 years at the most until its inevitable collapse.



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    Total 16 comments
    • Judge Roy Bean

      Is G. Edward Griffin related to the Das Griffin who wrote “Descent into Slavery” and “The Third Reich of The Rich”?

    • Dustdevil

      If you are old enough, you realize that Canada has dropped onto the American dollar more than once in ‘general use’ by its people when their currency was so severely devalued. I remember in the 1970′s when their dollar hit $0.73 equivalent USD, and a lot of them on the border were coming down weekly to trade out merchandise at pawn and consignment shops to regain some of it. Afterwards, an American bank account was ‘a family necessity’ for years. This will be no different.

      • sitrep

        Updated bits n bytes from the Internet:
        SitReport:
        Everything is looking very grim. War is on the Horizon, just by reading articles around the Internet. Yes bits, and bytes, and then putting the puzzle together. MSM is silenced, more worried about their new pill pushing sponsor ads, and dumbing down the public.
        Russia, China, and many more countries make up the eastern Coalition (EC).
        Also there are many Countries that make up the Western Coalition (WC).

        1. The EC has now for many years, buying up huge amounts of gold to back their new monetary banking system.

        2. EC has now implemented their banking system, it is up and running.

        3. EC has in some cases spent much less money, than WC although has advanced weapons technology, and has demonstrated only a few, as they have not revealed everything.

        4. Some Countries within the WC have, or in the process of joining the EC, under the guise joining their new banking Systems. When these countries join the EC bank, and drop the Dollar, whos side are they really on?.

        5. New Banking systems, Low Oil Prices, Sanctions, Mass Migrant influx, negative interest rates, higher taxes, new taxes. to list just a few.

        6. EC has been massively building new weapons, and weapons platforms, and stocks of various supplies, also noted in many Internet articles.

        7. NATO massively building up troops, and heavy equipment, Tanks, Howitzers, mortars, missile shields ,various attack craft, land, sea, and air, all in the news.

        8. Lot of secrets, back door deals being made. Who is who?

        9. Turkey, gone rogue, not sure who they actually report to. They claim to be part of NATO, although are they really? For the moment they could be just using NATO, as a guise to start war. They seem to have a plan, but not a good one.

        10. Reading more Internet articles suggesting all countries are on some type of alert status.
        War readiness alerts, stages of war doctrines implemented. Submarines from EC, and WC now in total black out mode, stealth initialized, alert status high.

        11. Top Internet News articles stated the EC, mainly China, Russia, and others. Have Launched many rockets with space weapons as their payload, now most likely activated.

        12. EC was highly underestimated, also N. Korea is being underestimated.

        13. N. Korea discovered within their country Rare Earth Elements worth over 60 Trillion dollars. NK is now ripe for invasion, as some of this Rare Elements could also be off world type elements, and may be only source on the planet. Highly Valuable, priceless.
        New unknown elements also in the mix.

        14. Now S. Korea building up Military forces on their border with NK.

        15. Most everything now electronic, linked to the Internet, and satellites. Most people now communicate using human interface devices, rarely speak face to face, or by phone. This is not good, and a disadvantage.

        16. Articles further report. Will countries set back do nothing, as all banking infrastructure, and economical collapse on the horizon? That would further lead to rapid degrading on an exponential scale?

        17. Most all trends researchers are giving very grim reports to their paid clients. Most leaving to their shelters/bunkers/safe zones. Do they know what is coming?

        18. Internet search pattern results question where will countries like Mexico be in a warIII situation. Some Trends reporters suggest, that if there is an invasion, Mexico would totally collapse within 48 hours, and be fully taken over by hostile forces. All their resources would be used to extend supply, logistical, command, communications routing to sustain a blitzkrieg type attack.

        19. Where does Cuba stand in the mix? Has Cuba’s role in this been underestimated?
        What do the Tacticians say?, and the Trends Researchers? Considering Cuba at a tacticians view. One would look at Cuba’s location on the map, its proximity to other countries.

        20. Are people prepared? Last summer the Gov put out several Commercials Ads using various media outlets. They used scenario type situations, explaining to the public that there could be at any time some unforeseen disaster, and to prepare. Now they stopped the preparedness ads on the radio, and have a new ad basically telling every one they may have Autism. (Ad Council) are these ads cryptic? they do hold a message, and some perceive them differently. The ads can be traced back to WWII, “Loose Lips Sinks Ships”, etc.

        21. What countries are jumping the ship? how long could a country hold out if a major collapse is coming? Would immediate war be necessary for the survival, as a collapse would bring exponential degrade, and total infrastructure collapse. These are questions that are being answered by the Trends Researchers, People/Corporations with money pay a lot for this Information.

        22. What type of job do you have? do you actually physically produce anything? Do you have skills, other than being on social media sites, and using a smartphone. Does reading more than 3 words at a time upset you?
        Do you know what a ration card is?

        23. We do not know what is coming, although either way it may be rough. Best to stay calm, and see what the Tacticians, and Trends Researchers are saying.
        The websites that spread fear to sell their products are only worried about their bottom line, and will say to others in their circle, “Its Good Entertainment”

        24. The economic Situation in Canada seems to have exponentially degraded, and as the Top Trends experts agree on, it is a sign for things to come. As historian experts, along with tacticians have explained, the events that are unfolding has happened in history during periods of Major Wars, and Conflicts, are they right?

        25: China Island Territory disputes. What is China up to? Are they are in search of very rare earth elements, including new undiscovered elements
        Further News articles reports: China has launched, and deployed space weapons into orbit, and rumours of space drones now being utilized by their military space command/control centers (CCC).
        China also in frantic hurry, and has built up their military forces, and continue at a fast rate, and have publicly said they need to for protection, and war if needed, against aggressive countries.

        27. As all reports suggest most countries, are rapidly building up their military. Staging, and encroachment of borders on all fronts are now a common. It is not a rare event, as planes are getting shot down, and pilots rarely survive, as they are shot, and found dead entangled in their parachutes.

        28. Tactical advantages, and operational agents, using disinfo on a broad spectrum in theatre to confuse, delay, proxy-counter proxy the hostile enemies. All components have Intel structures, trying to infiltrate at any level to achieve intel gathering, using highly sophisticated means.
        What is going on, no one knows except within high command structures.
        Are the Trends Experts right? some are saying the war is full on right now, and at a rapid pace escalating.

        29. Now that the Proxy wars are out in the open, what’s next?. Seems all components are in a frenzy. Will S. Korea now do a pre-emptive strike on N. Korea?. It is primed, and ready plus N. Korea just instantly are rich, with the Rare Earth Element find.
        Yes, their elements are prob worth over 200 trillion, especially if within this cache is out of world elements, which are the most rare. With all those Trillions, N. Korea could emerge as a great power player, and invest in the China Banking system.

        • Sun Rabbit

          Good analysis, and some of my takes on your points:

          ad 4. Sides are meaningless because all these smaller countries will gravitate instantly to any kind of reserve currency/reserve bank that’s not American because US has abused that power many times with sanctions, bank freezes, asset confiscations etc. The BRICS system seems to be fairer, and enables greater diversification esp. for small countries. Sides are as irrelevant as the whole Demopublican vs. Republicrat phony dichotomy. People really think that Trump is a Republican?

          ad 9. Turkey links both the EC and the WC and is trying to sit on both sides of the fence. In true Machiavellian fashion the condemn terrorism, while buying oil off ISIS. In true Trotskyite fashion they’re using their own Islamic radicals and refugees as pawns to expand their power base. They were getting way more than enough money and dotations to contain the problem but they wanted more.

          ad 13. I did not know this. But if there’s any country in a position to pull off a takedown of the “Worker’s Paradise” it’s not Best Korea, or Japan, but China. China’s been growing a pair of horns in their own region of influence, especially with the huge 5th column they have in Australia and all ITS resources. They could easily pull off an invasion and nobody would have the werewithall to do anything, least of which the US, with its forces diluted in the ME region, and Japan has its own problem.

          ad 29. No! Your facts are good but your conclusion is wrong. Population of N. Korea does not have the flexibility to do anything like that. It’s gonna go through the same post-communist turmoil as we saw in the USSR. They would never invest anything in China’s banking system because not only would that be very UN-Juche, it would be a drop in the bucket. The GNP of N. Korea is a couple of million Dollars. They might be a figurative Gold mine but they lack the money to prime the pump.

          The post 2nd world war financial system has been on its last legs since 1999 when Nato had to flex some muscle to show everyone who’s the boss. Since then, countries worldwide have been shipping their Gold and Dollars out of the US. Germany has 1500 tons in storage in account with the Fed. They requested that Gold back and the US said NO! To date they’ve repatriated just 5 tons. The US-backed petrodollar system is flimsier than a house of cards.
          It’s like a feeding trough. If a section here or there rots through, you nail some boards over it. But if the whole thing gets attacked by termites, it’s easier to chop the whole thing up and burn it; then build a new trough.

      • vaalix

        Except that was the start of the u.s petro dollar, and we are seeing its ending. No one will be starting u.s accounts, but I do like that idea of pawning things for u.s money right now or even just selling things to Americans in general.. That is a good tip.. I live in a border city but the u.s city is small compared to ours.. Northern most city in michigan..

      • vaalix

        The CDN won’t drop to half a cent that is ridiculous. Every currency in the world is being affected right now except the worlds Reserve petro dollar. Nothing will change until they announce the world reserve out the IMF and everything will re-peg to it, including the u.s.d. Then you will see all currencies re-valued based on the countries debt and resources. I.E the u.s is mega-screwed that is why they are fighting tooth and nail to keep this system afloat, not realizing how much damage it is causing to other nations..

        This whole mess will continue until the u.s.d is no longer the worlds reserve currency, and I think it is coming very soon, and you will see an entity like the IMF issue a world currency that will be stable and used between countries for trade, and probalby tied into that carbon tax/credit system somehow.

        But we won’t really fix anything unless North americans get back to work in factories.. You can’t sustain governments when half you population is working for minimum wage in walmarts, and the other half is employed by the government or things like education or city workers.. How can they possibly sustain this current system? They can’t..

        • Before It Was All Pop Ups

          Factories? Explain how an information age employs people in factories – they don’t. NA countries aspire to have 100% post secondary educations. that is not compatible with obsolescence.

    • Sun Rabbit

      Why do I get the impression that you kids are valuating currencies like equities? A currency’s value vis-a-vis other assets is determined by its interest rate relative to its inflation rate. That, plus a whole slew of “news” reagrding mostly non-issues, and side issues like political stability, fiscal and monetary policy, supply vs. demand, and taxes. A currency is not like (for instance) a share of stock, whose fundamental value is the underlying value of the company’s assets, MINUS loans, and MINUS bonds outstanding divided by the number of shares outstanding. Currencies do NOT have a fundamental value because if a country gets liquidated, the underlying assets do NOT back up any of its value. This has never happened. Quite the opposite, in that it’s always the currency that goes to wallpaper before the country issuing it goes to the curb.
      You can’t possibly “invest” in a currency because it’s valuation ultimately depends on another currency. It’s only a means of exchange whose value is completely devoid of it’s issuer’s natural resources or their value. Because all countries use fractional-reserve banking, ALL currencies are being devalued at roughly the same rate, and the only differences between them are partially based on how fast this is done.
      The only rational way to valuate anything is in terms of man-hours, because ultimately, labour is the one thing that all value is derived from. If you own a Gold mine, it’s not worth anything unless you have someone willing to put in the man-hours to mine it and refine it. For this you need a store of value, like above-ground Gold or its substitute like US Dollars to get the Gold out of the ground and onto the market.
      I don’t think the CAD will go to 0.005 USD anytime soon. If it did, it would not affect markets nearly as much as a comparable move in the GBP, JPY, CHF, or the DKK. Why would the CAD/USD ratio be any more important than the USD/DKK ratio because don’t forget DK owns Greenland, one of the largest reservoirs of fresh water ice. And Canada and Greenland are neighbours last time I checked.

    • Bad-Clown

      Not if yous Americans elects a Canadian to be yer next president! Then we is gonna makes yous our colony, and forces you to buy our special tar-sands oil. (We can’t uses it ourselves ’cause it’s way too cruddy!)
      https://www.youtube.com/watch?v=4-CwEVy2XEA

    • Klemens

      Baltic Dry Index goes more down:
      http://www.dryships.com/pages/report.php
      :!:

    • Widetracker

      Ezekiel 7:19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the “I AM”: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their inequity.

      Please read: “The Way home or face The Fire”.
      http://jahtruth.net/wayad.htm

      • vaalix

        When 1/3 of the angels rebelled and fell to earth, they setup all the religons therafter because lucifer wanted to be worshiped like a god. And that is who you people worship.. Satanism, demons, hell, all created by Lucifer to drive human souls into his religon and kingdom which is heavily controlled in the 4th dimension by Archons which can look like angels or beings of light but are actually the ones who feel from grace.

        You also sound like a cult member to outsiders. So just bare that in mind when you interject your non-sensical garbage where it is not wanted nor needed.

      • Golden Calf

        Religions are mind control programs setup by the Annunaki Extra Terrestrial races to keep people in control. There is no firey pit of hell that people go to and the Jesus heaven is controlled by the evil ET races, or fallen angels. they will recycle you back on to one of their 3D enslavement planets over and over again. I recommend watching Robert Morning Sky’s videos on youtube to see how you are worshiping these ET gods who are enslaving you.

    • Widetracker

      Luke 23:34 Then said Jesus, Father, forgive them; for they know not what they do (they are insane). And they parted his raiment, and cast lots.

    • FraMar

      The CAD being 1/2 cent, if you mean of the USD, is highly unlikely, since the USD is about to collapse as well.

      Still, everything else you suggest is quite logical and probably accurate.

      Regardless, there are other even more serious dangers facing us today.

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