Yesterday, reports circulated that the Arab oil sheiks were in conversation with major countries (China, Russia, etc) to stop using the dollar as the currency that is used for all oil purchases, and instead go to a ”basket of other currencies”…
Glenn Beck uses props and works through exactly why this would be very bad for the value of the American dollar… and he talks about Hyper-Inflation and why the politicians are hell-bent to go down this path…
The only thing that I think Glenn Beck missed of major importance is that when all those dollars are “given” back to the US, they will be getting STUFF in return— commodities, land, businesses…
All that money that is used for foreign exchange just cost us ink and paper- it is now about to be cashed in for real stuff that we’ll have to ship to them…
Gold is surging on this news, and the dollar is dropping fast. We need our politicians to wake up and smell the coffee… and the more informed we are as citizens the more likely we are to force our representatives to take the castor oil right now, rather than kill the patient through inaction.
{ 19 comments… read them below or add one }
I love sarcasm. Beck talk about comfort…well he just took that away as he should. We should be worried and that SHOULD be a call to action. I love that you arebringing these topics to our attention.
Jen Battaglino
The Harwood Center – Tinnitus, Chronic Illness, Fears, and Anxiety
An awesome video, and eye opener.
Robert Martin
http://www.carbuyinghq.com
Cool Stuff… I always enjoy your blog… Thanks for the insight and great information. It’s cool learning about a new topic that I didn’t know much about.
http://www.scottpayne.me
http://www.salesjunkie.net
Rob great post again…brilliant advice
Thanks for the vid Rob. Glenn Beck knows how to get hard hitting information across in a entertaining manner.
MissMentor
Buy stuff while you can. Gonna put up a Shoppin’ List?
Unfortunately, this sounds extremely plausible.
Guess I should wait a while before buying up Kevin’s store with my GBP!
http://www.martin-wright.com
Very interesting. I know very little about this subject so thanks for the information.
Bert (alter ego- Mister P)
MisterP.org/blog
It’s like watching the sinking Titanic with everyone partying on. Suspect the only thing that will get through is the final collapse of the USD.
Basket of currencies – I’m no expert but I’m not stupid enough to buy forex robots either. All currencies are intertwined so wouldn’t this effect us no matter we use?
K
Anything Alternative
But I like my money, I don’t want it to be worthless! I need to do some affirmations – “My money is worth more than everyone thinks, my money is worth more than everyone thinks!”
Lisa McLellan
Babysitting Services – Babysitters and Nannies
Hi Rob,
I thought of you today with your Buggin’ in blog when I was ready Louis D. Brandeis. He disagreed with all that was going on with the banking system close to 80 years ago.
Mighty interesting points indeed. Good to think ahead and be prepared.
Happy Dating and Relationships,
April Braswell
Single Baby Boomer Dating Success Expert
Gold looks like the way to go
Jose Escalante
http://www.joseescalante.com
They need to wake up and smell the dollar! We’ve lost sight of our country. We need to retrench. It is time to solidfy our base.
Kate
The dollar as a reserve currency is teetering on a weak foundation. It’s only a matter of time. Buy Gold, buy silver, these are the best stores of value.
Steve Chambers, Sale Trainer Speaker
Hope Lisa’s affirmation works for her
) But it won’t 
(
Great video to wake people up.
John Ho
Numerology Expert Helps Understanding Personality for Better Influence & Persuasion
We need our politicians to wake up and smell the coffee…
or drink some to stay up and fix what is happening.
Vicki http://www.bridal-threads.com
My wife loves Glenn Beck, and watches him religiously.
Thanks for the video. Very interesting information, as always.
Health, Fitness for Working People — Darryl Pace
Rob,
Beck is great to watch. He gives with emotion and with good reason.
Lynn Lane
http://www.Warriorofsuccess.com
The good news, bad news is that these countries hav enot had enough incentive to figure out how to agree on anything in the past. Our outrageous spending pattern may be enough to tip them over the top. Can you imagine how bad it must be if this basket of countries can finally decide to do something that will be pretty painful to them too??
Stay tuned for adventure,
Katie