Rob Kirby: Dollar Devaluation Clock About to Strike Midnight

Socio-Economics History Blog

  • Rob Kirby: Dollar Devaluation Clock About to Strike Midnight
    by Greg Hunter’s USAWatchdog.com (Special Release)
    Emergency Fed meetings at the White House, the launching of new gold trading market at the Shanghai Gold Exchange, revelations Deutsche Bank admitting it manipulated gold and silver prices, China starting its own global payment system. These may all seem unrelated, but according to macroeconomic researcher Rob Kirby, they are all connected.  Kirby explains, “With China and their upstart CIPS, which is the China Interbank Payment System, China appears to be on the verge of merging their interbank payment system with SWIFT.  My gut is telling me that this will very much marginalize America as the main processor of global payments.  This, in my view, will embody very possibly a global reset in terms which currency is going to be the world’s reserve currency.  I have a very sneaking suspicion that when China merges with the…

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