The Next World Reserve Currency: The Chinese Yuan?

The National Inflation Association has a new video posted below about what China is doing to protect THEIR economy from the destruction of the US Dollar.

Watch this short video. It is only a matter of time before the dollar collapses. Either (a) the nations of the world will cause the collapse, or (b) China will destroy Washington themselves with economic warfare, never having to fire one bullet in anger or place one Chinese army soldier on American soil. Remember…China holds almost $900 Billion in Treasury securities…more than any other entity on the planet. All China has to do is dump 5% of their Treasuries onto the bond market on any given trading day and it’s all over for America.

We hear over and over how our clueless American presidents bluff and bluster to China about revaluing the yuan to make it more “fair.” China takes care of China first. Wouldn’t it be nice if our national leaders did the same for America?

Ladies and Gentlemen, I keep telling you to buy silver. For Christ’s sake, don’t allow peasants in China to be smarter than you.

American hubris will soon be answered by Chinese nemesis.