Stock Ideas arrow Stock Ideas arrow Investors Daily Edge arrow Amero is deigned to be currency of US, Canada and Mexico
Rating
Discounted Properties_120x600

Market Watch

I avoid companies that pay dividends like the plague," wrote Andy Kessler.
Kessler used to be hedge fund manager in Silicon Valley... trading technology stocks during the boom. 
More...
 

Login Form






Lost Password?
No account yet? Register
Amero is deigned to be currency of US, Canada and Mexico
User Rating: / 1
PoorBest 
Wednesday, 27 August 2008
By Dr. Russell McDougal
Are we likely to hear those fateful words one day? The answer is a resounding yes if conniving globalists have their way. Canada, the US and Mexico are destined to be one more major currency block. What exactly will that mean for you and your progeny?       
First of all, we need to comprehend exactly what is to bring forth this new “arrangement”. What is wrong with the old one?

Image
The US dollar is on life support. The failing debt markets in the US are the foundation of the dollar. The buck has seen no fundamental improvements that account for its most recent upward move. Consider it a bounce in a long-term bear market. The dollar index had not been under the 80 level since the mid-90s, not even when Nixon removed its gold backing in the early 1970s.

You may review my four part series from a year ago entitled “The Buck has a Stage 4 Malignancy” for my rationale regarding the dollar end game scenario. (Part 1, Part 2, Part 3, Part 4.)

Rupee Ganing strength

Indian rupee is gaining strength against the dollar the partially convertible rupee hit a nine-year high of 40.53 per dollar on Monday, has since retraced to
+ Full Story

The Story Of The Grave Dancer

Until the 1980s, real estate had been a highly fragmented, locally based industry financed for the most part by savings and loans, banks, and, to a lesser extent (for bigger projects), insurance...
+ Full Story


For the purposes of this article we’re going to look at life after the dollar. Another series is likely under way.

One of the main things propping up the dollar currently is the fact that most other currencies are trash in their own right. The Euro has its own problems. So does the British Pound and the Canadian Loonie. The one solid currency, gold, gets trashed on a semi-regular basis.

You’re not supposed to opt out of the fiat system with such an alternative. Still, gold persists in grinding higher.

The Amero is deigned to be the currency used by the US, Canada and Mexico. I’m not the only one who sees the dollar demise. Our President is in on the fix. It’s hard to keep up with all the various schemes of the elitists who believe they know what is best. Best for who?

I travel to Canada and Mexico on a fairly regular basis. At the risk of generating scorn from our neighbors and allies… please permit a few generalizations. It seems the Canadian people have no desire of being assimilated into a larger regional currency system or country. Neither do the citizens of the US for that matter. Apparently the people of Mexico would love to link up with the US. There are somewhere near 12 million illegal immigrants in the US. Many are making their way back home because of the present economic malaise in the US.

Maybe some of our Mexican readers can correct me on these premises. Do Mexicans, as a whole, desire national sovereignty on a long term basis? Would you welcome a North American Union?

There is tremendous chaos in Mexico. Corruption and instability abound. The US is also in an extreme economic crisis. Dramatic changes often come forth during times of crisis. Order comes out of chaos… New World Order. You will want to watch for it.

Let’s take a quick time out here. We had a lot of fun with the locals during my recent trip to Vancouver. We persisted on asking a cabbie, a concierge or a local where to go for the best Canadian food around. All were pretty dumbfounded at the request which was made in jest. What exactly is Canadian food? Doesn’t every country have peculiar culinary delights?

We heard about halibut, maple syrup, french fries with mayo and bacon. What else do Canadians specialize in? This is important, especially if we’ll soon be one big happy family. The food we enjoyed was primarily multi-ethnic and was superb.

Why would elitists want to combine these sovereign countries? It’s always about power and money. Canada is incredibly rich in natural resources. The US is rich in financial shenanigans and good old fashioned ‘know how’. Mexico has both resources and plentiful labor.

The sovereignty of all three countries is at risk. Treaties are made that make end runs around the US Constitution (and others). Borders are left unprotected. Road maps to a currency union are drawn up.

A common currency is only an initial step. National sovereignty comes later. The twenty-seven nation European Union and its Euro are the prototype. Bigger is supposedly better. Centralized power over as many citizens as possible is the goal.

You are being assimilated. How does that set with you? Let me know your thoughts and we’ll continue this line of thinking next week.

Invest Resourcefully,

Rusty

P.S.  To let me know what you thought of today's article, send an e-mail to: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
  • We endeavor to decipher analysis of this Teaser/News Letter to distinguish the thoughts of Authors/Editors.
  • Please post your Review/Comments, your rating helps other users gauge the value of an article ...


This investment news is brought to you by Investor's Daily Edge. Investor's Daily Edge is a free daily investment newsletter that is delivered by email before the market opens. It's published by Fourth Avenue Financial, a subsidiary of Early To Rise  (an affiliate company of Agora Publishing). In each weekday issue you'll receive practical strategies for protecting your portfolio and multiplying your money. You'll also learn about undiscovered opportunities in emerging sectors and markets, deeply discounted stocks, recommendations for bonds, cash, commodity and real estate investing, and top ETFs. To view archives or subscribe, visit Investor's Daily Edge .



RSS comments

Write review Your rating helps people guage value of an article
Name:
E-mail
BBCode:Web AddressEmail AddressBold TextItalic TextUnderlined TextQuoteCodeOpen ListList ItemClose List
Review:

I wish to be contacted by email regarding additional comments
Sorry but! We have to make sure that you are not a bot Please solve this simple math before you submit:
GLI         PSG      
  R    5    2 2   FAF
  H   X5X   7 O      
  J    D    F Y   PUP
  5         L2K      

 
< Prev   Next >