U.S. Postal Service Starts Quoting SDR to Dollar Conversion Rates, and IMF Endorses Replacing Dollars with SDRs

Washington’s Blog | I have repeatedly pointed out that it is possible that the IMF’s special drawing rights (SDRs) will become the world’s reserve currency.

IMF document illustrates plan to raise global currency

Raw Story | For months China and Russia have pushed ever subtly, for a new “global reserve currency,” to give governments around the world enhanced economic stability in the event of greater fluctuations in the dollar’s value.

Smoking Guns of U.S. Treasury Monetization

Jim Willie | A significant feature of fiat money systems is the privilege for the custodian of the reserve currency to engage in regular practices of ham-fisted monetary management.

Gerald Celente: Go for the Gold

As the economy continues to struggle, the dollar has become more of an issue with its unstable behavior. Gerald Celente says that the dollar is an unreliable international currency and should be replaced by a more stable system. He also adds that the only stable market is gold, as the economy worsens gold’s value will continue to increase.

Dollar should be replaced as international standard, U.N. report says

CNN | The dollar is an unreliable international currency and should be replaced by a more stable system, the United Nations Department of Economic and Social Affairs said.

Go Out And Buy Gold!

June 18, 2010 Reuters By Carole Vaporean and Amanda Cooper (Reuters) – Gold bullion came just short of its all-time high and U.S. gold futures ran up to their highest close ever on Thursday on both concern over Europe’s credit problems and downbeat U.S. data which encouraged a fresh sweep into safe-haven assets. Euro strength also propelled gold’s advance

Crisis by Design John Truman Wolfe on Coast to Coast AM 14 June 2010

The Financial Coup : Coast to Coast AM 14 June 2010 John Truman Wolfe reveals the Root Causes of the Worldwide Economic Crash, why it happened, where it is headed and what you can do about it. Author and ex-banker John Truman Wolfe argued that the current world economic crisis is an international coup designed to take down the U.S. dollar and install a global financial machine. He named the Global Monetary Authority (GMA) as a “financial dictator of the planet” and the Bank for International Settlements (BIS) in Switzerland– as the central bank for such entities as the Federal Reserve, Bank of England, and Bank of Japan. In fact, “all 55 central banks on the planet are members of and junior to the Bank of International Settlements,” which he described as being above the law. The idea of the amero replacing the dollar is a “red herring,” said Wolfe– “the global currency that is being rolled out as we speak is the SDR,” a fiat currency of…

Bilderberg 2010: Globalists Panic Over Euro Collapse

Paul Joseph Watson | Elite to seek reassurances from Spanish leaders that ultimate agenda for global currency will not be derailed

Iran To Dump 45 Billion Euros For Gold Bullion & Dollars

Paul Joseph Watson | Gulf states also begin to flee from collapsing single currency.

Dollar to be Replaced with IMF’s SDR as Reserve Currency?

Zero Hedge | Will the next reserve currency be a diluted melange of other flawed fiat constructs?

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