"The Time Line News" Exposes Why And How China Is Going To Destroy The Dollar In Less Than

Okay...I am not going to clutter this news piece with ANY confusion...but prepare yourself for a lamen's term explanation of what is happening with China and the U.S. in a way that is going to effect you and everyone in the world, and its likely going to be in less than 60-days. Lets make a few quick points for the readers that needs a quick update:

First, from the very first computer generated trade in the 1960's the fate of the electronic monetary system was destined to END in the very same way it began...with a click on a keyboard! You read that right. Fiat currency is NOT backed by anything, so its worth exactly NOTHING except the perceived value placed upon it, and accepted by the ones using it, and its up to whomever is running the system to decide when to erase it...and that is going to happen in less than 60-days. In fact, from our "Insider Resources", very recently, as reported on Zerohedge, it recently nearly ended because of a glitch. Read about it here: The $12 Trillion Fat Finger: How A "Glitch" Nearly Crashed The Global Financial System - A True Story http://www.zerohedge.com/news/2015-08-08/12-trillion-fat-finger-how-glitch-nearly-crashed-global-financials-system-true-story "And here is Zero Hedge's conclusion: the next time you think all those paper reps and warranties to claims on billions if not trillions of assets, are safe and sound in some massively redundant hard disk array, think again." It becoming more and more clear everyday - electronic assets are not built to last and they will disappear much more quickly than they were adopted. The history of transforming money into electronic blips is only 50 years old and yet 99.999% of the world population has total and complete faith in them. Unfortunately, they will likely learn the hard way why it is so important to hold your assets OUT of the Global Electronic Monetary System. But, I digress as to what this has to do with China and the U.S. and you diappearing dollar.

China Is Going to (Currency) War! Whats it Mean to You...?

China is going to war! Not over islands in the South China Sea, but over the value of its money.

The People’s Bank of China launched an aggressive salvo overnight, devaluing the country’s yuan currency by 1.9%. That may not sound like much, but in the world of currencies, it’s huge. As a matter of fact, it’s the single-biggest devaluation since China adopted its current monetary system in 1994.

The devaluation comes as China’s economy and financial markets are increasingly on the rocks. Growth is slowing. Bad debts are rising. Exports just plunged by more than 8%, more than five times as much as economists expected. The stock market has been tanking, suffering a series of huge swings the likes of which we haven’t seen in years.

Why is China taking this step? The PBOC claims it’s part of an effort to make the yuan’s pricing more market-based, and increase currency market flexibility (NOT). It said it would be a one-time move (NOT).

That’s hogwash. The real reason it’s devaluing is the same reason several other combatants in the ongoing global currency war are doing it: To give their exporters a competitive advantage (But, China wants more...the demise of the dollar).

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Think about it this way. Cutting the value of your currency is like running a sale on your goods. You’re telling the world: Buy from us … everything we sell is now 1.9% cheaper.

The problem, though, is that it also makes goods from all your competitors relatively more expensive. So all your Asian neighbors panic, and are forced to launch their own competitive devaluations to avoid suffering a competitive disadvantage. That’s why a basket of Asian currencies tanked the most since 2008 after China’s news hit.

At the same time, think about what signals you’re sending to global investors by devaluing. You’re basically telling them your economy stinks. Not only that, you just made every bond, stock, or assets those investors own that’s denominated in your currency worth 1.9% less.

So what are those investors going to do? They’re going to sell, that’s what. One estimate in this Bloomberg story is that every 1% decline in the yuan against the dollar alone leads to roughly $40 billion in outflows.

China has a huge pile of foreign exchange reserves – around $3.7 trillion. So it can withstand the pressure for a while. But those reserves have already dropped for four straight quarters, by about $300 billion in total. Worries over accelerating capital flight could reverberate through global capital markets.

Moreover, I’ve been around the block for many, many years. I can remember distinctly what happened the last time a major Asian currency crisis broke out in 1997-98.

A wave of competitive devaluations swept through Thailand, Indonesia, Malaysia and South Korea. Then the crisis spread to Russia, and ultimately to U.S. stocks. The Dow Industrials plunged almost 2,000 points, or more than 20%, in just a few months in 1998 alone. And that was when the U.S. economy was in fundamentally much stronger shape than it is now.

Finally, this move is sure to worsen U.S.-China relations. U.S. manufacturers have already been suffering from a rising dollar, and politicians have lambasted China in the past for manipulating its currency to give its companies a relative advantage. This is going to increase those tensions significantly, and raise the possibility of retaliatory “trade war” type actions.

Bottom line: The capital markets were already getting more volatile and risky, as I’ve been warning for a few months. Now China is launching its most aggressive currency war in decades – threatening to add even more uncertainty and risk to the mix. So if you haven’t taken protective action, now may be a very good time to do so.

WHY SHOULD YOU DO THAT...? Well, we are less than 60-days away from a time you will wish you did not have to live through. The end of the U.S. dollar. Worse yet, there is nothing we can do to stop it...as a matter of fact our fearless leaders welcome it. Thats right, they're prepared, and welcome it. Why?

The Chinese are a very intelligent country...don't under estimate them. They are maticulous, calculating, and rarely miss their goals or intentions. About five years ago, they decided they could gain world wide power if they could replace the dollar as the world currency, and kick the U.S. to the curb in the process. They knew our dollar was no longer backed by gold, or anything else, as most currencies are not in other countries. Each of those currencies fail, as has been happening country after country, and now its America's turn.

They proposed to introduce a stable gold backed currency and become the world currency, and become the world leader (they already replaced the U.S. as the economic leader and power). They are known for patience, and they have been...for five years, as they have systematically been buying up all of the available gold and silver worldwide...even gold and silver mining companies. They now have enough accumalated to now introduce a worldwide currency, gold backed and stable...right on time, in just five years.

They are now making their play. They are first destabilizing world currencies, as they did today when they devaluated, and will continue doing. You can now expect more destabalizing, probably everyday now. The goal is to make things so unstable, that the the world, including the U.S., will come begging with open arms for the solution...a worldwide gold backed currency...theirs.

If you have been a subscriber to our FREE blog, "The Time Line News", you know we have been reporting from our reliable Insider Resources worldwide step by step what has been leading up to this very time. If you are not plugged in to The Time Line News, I suggest you do that immediately, and review the past archives for much of that news.

If last month, you watched the news and saw what was happening to Greece when their currency was destroyed, you saw chaos, anarchy, looting, as overnight they had no more access to the money in their banks, credit cards, pensions, social security, government subsidies, and no hope. But thats what always happens to a fiat paper money currency that is backed by nothing.

We in America are overdue, and would have failed long ago, were it not that the world WAS so dependant on us. But that was past, as now we have run out of time. In debted in trillions of dollars that can never be repaid, government subsidies that cannot be lived up to any longer, unemployment, corrupt government...we are overdue, and the dollar is going to end, in less than 60-days...all Insider Resources confirm it.

Why doesn't our president or congress do something. They can't...its unfixable. Each adminstration has known it, and knew that they just needed to keep our hopes up, and kick the can down the road, hoping that they could hold on to their position, and that the dollar would remain the world currency a little longer, so we could maintain world status leadership. But China is going to end that. And quite frankly, your politicians are happy about it.

Oh, they will put on a sorrowful show, competing with the Academy for acting awards. But, don't be fooled, they want this to happen. It lets them off the hook publicly. They can blame it on the Chinese...its their fault. They are great at blaming others for their own actions, and it is their actions. Not just one party, but all of them...they have all taken us down this path of printing worthless money, spending worthless money, and brainwashing us in thinking worthless money had value.

Well that true value of that money is about to be revealed. It's worth no more that what is the value of the paper its been printed on. So, what do you do?

Get all of your money out of your bank, pensions, IRA's, CD's, 401k's, and do it NOW. You have very little time. What ever you were saving that money for, use it for that NOW. If it was for food, medicine, home, bills, etc., put it toward that NOW, because one second after the dollar ends, its too late, and no one will be accepting your dollar anymore, just like in Greece.

If you want to preserve your wealth, take those worthless dollars and buy silver and gold coins. Silver and gold coins will skyrocket in value when the dollar ends, so the more you can get, the more wealth you will preserve or expand. They also will be an accepted currency exchange for the new gold backed currency coming. Silver and gold coins are getting hard to find, as those people that have already been getting prepared have been buying it up.

WARNING: Caution when buying any silver or gold coins, as many cases of counterfeiting is going on, especially on Ebay, and online. We suggest you buy from a dealer that is dealing directly with certified U.S. Mint approve products, like the ones we deal with at www.mytcb-formula.com although, even they will tell you that the U.S. Mint is often out of silver or gold, but they will help you find what you need if you work with them. Further, when you get your silver and gold coins, don't put them in a safety deposit box at the bank. Like in Greece, the bank has the right, and will open boxes and seize assets. Get creative, and store it at home. Don't buy any silver or gold contracts, and don't do any business with the COMEX. They will be worthless, and will be gone when the dollar goes to zero.

So, how's this going to come down? Well, there seems to be a lot of talk about September 13th. But the banks would like a long weekend when it happens, so maybe Labor Day weekend. It doesn't matter...no matter when it happens, you will immediately feel you did not do enought to get prepared. You have little time, and you better get busy.

I know, I know. People have been saying that for years only to be proven wrong time and time again. This time really IS different! Insider Resources that have reliabley been keeping me educated for years, and they are absolutely prepared for this

But, I have no problem saying it this time, as the world has never, and I mean never, experienced the total collapse of an un-backed World's Reserve Currency. Not one time. And no one has EVER come to help America when in conflict, we have always been the helper. We will be alone, and hated, and abandoned. Truthfully, I find the most incredible part of the story behind where we stand is that this system has lasted so long! Totally un-backed since 1971...astounding! And the ONLY way it was able to be accomplished by "The Powers That Be" is by rigging the markets via computer programs. 100% rigged - 100% of the time. BRAVO Alan Greenspan and friends (like Stephen Devaux and John Kemeny). The really amazing thing is that they kept it a SECRET from everyone...even from the people that control the world! Amazing job. But as was always planned...this game must end and when it does, it must end with enough ferocity to destroy the power of the Banking Cabal and their minions. That's where we are now and this fabricated system will be destroyed the same way that it was maintained...VIA COMPUTERS! See: Computers Play a Key Role in Market Crashes...by Design! http://www.roadtoroota.com/public/1023.cfm We are in those "difficult days" of waiting for the hammer to drop (or should I say mouse to click!). Difficult because the controllers of our system can and will do anything in their power to preserve their power till its taken from them, as China will do.

That includes keeping the stock markets high and slamming gold and silver prices as to not cause a panic too soon. In these times all those who claim they know why the metal prices are so low seem to be correct...but they are not.

Gold and silver aren't in a bear market, they aren't in any certain part of a historical cycle and they certainly aren't oversupplied with a lack of demand. Spot prices are based on the worthless derivative gold and silver contracts pricing system. Physical gold and silver prices are skyrocketing, and are way higher than nobody is reporting, except The Time Line News. Gold and silver prices are rigged. 100% of the time by computers and derivatives and those that refuse to understand that will find themselves in the wrong place at the wrong time. Markets and exchanges CANNOT function without the full functionality of the global fiat banking system. And the global fiat banking system cannot function without computer market manipulation and derivatives. All will come to an abrupt halt and on that day - those not holding physical in their own possession will be the ones kicking themselves for believing in the market forecasters.

I hope this has reached your eyes in time. Read it, re-read it, and pass it on to your loved ones, friends, fellow employees, neighbors, and get plugged in at your FREE subscription at The Time Line News.

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Want the Inside News that mainstream won't/can't report? Subscription FREE, "Reliable Insider" news blog, one place online...FREE...! "The Time Line News". Enroll NOW...!

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So what do you think about this move by China? Is the global currency war going to get worse now? What does it mean for the U.S. dollar, U.S. stocks, and your investments? And how about the politics of the move? Will U.S. officials (and presidential candidates) threaten retaliatory action in response? What will that mean for the markets?

Please do head over to our website news blog at www.thetimelinenews.com and weigh in to share your thoughts or questions, as this is a big market story – and I’m sure your fellow friends and investors will appreciate hearing from you. I know I will.

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