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By Dr Jim Euclid
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Currency re-evaluation

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Much has been written about the NESARA-style changes being implemented covertly, but it seems that China is well on the way to forging a new gold-backed currency.

As was recently reported in Zero-hedge.com, the amount of gold purchased by China during 2012 has risen by more than 700% since the same time last year. Though pessimists see this as a method of currency hoarding by the Chinese, it can only be interpreted as an economic reality that any new currency must be backed by goods and commodities, especially, gold, silver, oil, gas, etc.

It would not be surprising to see an announcement by China toward the end of this year that they have announced a new gold-back currency-form, a revised Yuan. This would trigger a global panic by investors but must be done, not as an attempt to destroy the USA economy but to ‘reset’ the global financial system which has necrotised itself into a purulent mass of derivatives and debt.

The end result will be a redistribution and probable restitution of global debt, with each country amortising their debt based currency and renewing outstanding loans based on individual country GDP.

With a bit of luck, the world will be non-the-wiser as the system resets, in order to allow trading, investments, purchases and shopping to continue without panic. It is hoped that the introduction of this new system will transfer equity with the least amount of disruption to normal trading. Although China seems to be the winner in this non-coup financial revolution, she has shown her lack of interest in global military expansionism.

In God we must trust that all bodes well as this new currency emerges in 2013.

Read more at Regolish


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