{"id":26086,"date":"2017-09-25T06:07:31","date_gmt":"2017-09-25T11:07:31","guid":{"rendered":"http:\/\/olduvai.ca\/?p=26086"},"modified":"2017-09-25T06:07:31","modified_gmt":"2017-09-25T11:07:31","slug":"the-demise-of-the-dollar-as-we-know-it-a-break-is-coming-on-a-worldwide-basis","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=26086","title":{"rendered":"The Demise Of The Dollar As We Know It: \u201cA Break Is Coming\u2026 On A Worldwide Basis\u201d"},"content":{"rendered":"

The Demise Of The Dollar As We Know It: \u201cA Break Is Coming\u2026 On A Worldwide Basis\u201d<\/a><\/h3>\n
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The significance of the shift taking place on a geo-political basis to unseat the U.S. dollar as the world\u2019s reserve currency cannot be understated. It is, by all means, a complete upending of the financial and economic systems as we have come to know them. According to Keith Neumeyer, the Chairman of First Mining Finance<\/a>\u00a0<\/strong>and\u00a0Chief Executive Officer of First Majestic Silver<\/a><\/strong>, the world\u2019s purest silver producing mining company, the move is already taking place with countries like China, Russia, Venezuela and Iran already beginning to trade commodities with Yuan, Rubles and gold.<\/p>\n

Amid a recent announcement about developments in the gold and silver mining industry discussed in the following interview with SGT Report<\/a><\/strong>, Neumeyer, who previously called out, in very public fashion, the manipulation of precious metals<\/a><\/strong>by a small concentration of market players, says that\u00a0the global currency wars currently playing out on the monetary battlefield will lead to significant price increases in the world\u2019s most trusted hard assets of last resort.<\/p>\n

We\u2019re seeing Chinese and Russians trading in gold for oil\u2026 there\u2019s a real move on a worldwide basis\u2026 There is a break coming\u2026<\/strong><\/p>\n

It has\u00a0to\u2026 It\u2019s just time\u2026 The United States is a very powerful country\u2026 it has a very powerful military and they want to keep the system that\u2019s in place\u00a0because a lot of people have made a lot of money in the current system\u2026<\/p>\n

I think as the world develops and gets off oil, I think that\u2019s going to help facilitate a break from the Petrodollar system\u2026\u00a0\u00a0and everything that\u2019s going on in the world is very supportive of much, much higher gold prices\u2026 I do contend that silver is going to far exceed the move in gold.<\/strong><\/p><\/blockquote>\n