Lindsey Williams : The Dollar Died On Sept 6th While You Were Watching The Democratic Convention
Lindsey Williams on Radio Liberty Sept 11 2012 : On September the 6th 2012 China officially announced that any country in the world that wishes to sell crude oil using its currency the Renminbi instead of the US dollar can do so , the following day September the 7th Russia announced that she will sell China all the crude oil that she needs no limitations whatsoever and they will not use the US dollar for their trade , while you were watching the democratic Convention the Dollar Died says Lindsey Williams.
Continued below.
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After numerous public speaking engagements in the western states, certain government officials and concerned individuals urged Mr. Williams to put into print what he saw and heard, stating that they felt this information was vital to national security. Mr. Williams firmly believes that whoever controls energy controls the economy. Thus, The Energy Non-Crisis.http://geraldcelentechannel.blogspot.com/
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What a load of baloney – china has nearly 2 trillion USD reserves and wants to use them to get rid of them and buy hard assets with them. As if they are not going to use them to buy oil from worlwide suppliers. Sure when the have spent all their USD they will then look to purchase commodities in their own currency (which they can print!! Sound familiar??)
But the problem is who will accept dollars, when you can get gold bars or another currency. Sure, China would like to get rid of them, but what can they buy? Foreclosed houses in Riverside, CA? They tried buying Union Oil company, but that got shut down real fast….
There is simply not enough physical gold to realistically conduct global commerce, and the Euro is a basket case. The USD will continue for some time to be globally accepted, like I said China will continue to use and spend it. Communist China’s currency could be worth alot less when it has it’s hard landing. A global currency some years down the track looks like the way the Elitists are positioning, buy gradually destroying all existing fiat currencies and replacing it with a digital global one.