How I Believe The Dollar Will Die
By Ray Gano
I want to say that first of all I am not a prophet nor the son of a prophet nor am I claiming to be a prophet. I am a watchman on the wall who has been sounding this alarm for over five years now regarding the demise of the dollar. Many people have listened and heeded the warnings.
What you are about to read is based on historical research, observing past and present situations as well as what has happened in other countries that are currently or have gone through a massive economic downfall. We are following these countries almost step by step towards implosion.
I believe that in the near future the dollar will die.
We are over leveraged to the point that a single event within the stock market can now bring this nation to her knees.
This is not a matter of “IF” it is a matter of “WHEN” and that is a historical fact.
Solomon, the wisest man of all times stated the following…
Ecclesiastes 1:9 (KJV) The thing that hath been, it is that which shall be; and that which is done is that which shall be done: and there is no new thing under the sun.
Man has not learned his lessons from history, therefore he is destined to repeat the same mistakes over and over again.
How It Will All Go Down
One day when nothing much is going on with the stock markets, there will be a commodities jump. Some commodity like gold or oil will “spike” out of the blue.
This will trigger already pre-programmed events and T-Bills / treasuries will be sold off because that is the only thing of “value” that today’s fund manager have at their fingertips.
The reason they will sell these treasuries off is to catch the quick chance to ride the “spike” and cash in on some profits.
What this will do is set into play another series of pre-programmed events at the FED. The FED computers seeing these T-Bills / treasuries being sold will snatch them up so that they can still maintain the low yields they have been manipulating in order to prevent deflation of the dollar. But the reverse is what will take place.
Because the feds bought up those T-Bills / treasuries this will set into action other asset managers, mega banks and other funds pre-programmed events and they too will sell off their T-Bills / treasuries to get in on the FED buying.
All of a sudden, all these computer programs that have been pre-programmed to catch the next profit margin will sell off their T-Bills / treasuries.
Now mind you, all of this can take place within a matter of minutes before anyone is really aware that this is going on. When someone finally realizes what is going on, it will be too late, the lots will be cast and the damage is already done.
It is at that moment the US dollar will die and the only thing that was “propping up the dollar,” the trust and faith of the people in the currency, is also gone. The trust and faith of the currency was just sold down the river and cannot be recovered no matter what the Federal Reserve, Banks or even the government will do. The death blow has been struck and we have entered upon the path of no return.
Now that all these fund managers, banks and asset managers have sold off their T-Bills / Treasuries and they are now sitting on a wad of cash. They are not going to buy more T-Bills / treasuries because they themselves have lost faith in the dollar a long time ago. They will not reinvest in a already sinking ship. The fact of the matter is that they were praying for that one chance to dump their T-Bills / treasuries and cash them out before the dollar died completely.
So where do these banks, fund managers, asset managers and others put all their money ?
By the end of that incredible day, commodities of all types, precious metals, industrial metals, oil, foodstuffs, all will increase exponentially.
If you see this happen, it will be your signal to go to the store as fast as you can and buy every bit of food you are able to purchase. Fill all your cars up and any extra gas cans you have. Charge it, write checks, do whatever you need to do. The dollar has gone bust and the world is about to get on the “E” ticket ride on the fastest speeding train ride the world has ever seen.