Dollar to be Obsoleted Soon?

Is the Death of the U.S. Dollar Imminent?

For a long time I’ve recognized that the death of the U.S. dollar is inevitable. It is so thoroughly debauched that it should be worthless right now, but it’s also such a vital instrument that nobody can afford to let it die, at least not yet. Moreover, as I’ve learned over the years, while it’s easy to predict what is going to happen – that’s usually just a matter of logical deduction – it’s nearly impossible to predict when it’s going to happen. I have to admit that I’ve been awed by the acumen of the powers-that-be to keep levitated the corrupt system we have today. I guess when you own the world’s reserve currency, the world’s most powerful military and have a media empire in your back pocket you can do pretty amazing things, for a while anyway.

Nevertheless, the other day I ran across an article titled, Bank Holiday Coming? Prepare?, that contained a quotation that left me sort of shaken. The quotation, attributed to Bob Chapman over at The International Forecaster, read,

Some US embassies worldwide are being advised to purchase massive amounts of local currencies; enough to last them a year. Some embassies are being sent enormous amounts of US cash to purchase currencies from those govts, quietly. But not £’s. Inside the State Dept there is a sense of sadness & foreboding that ‘something’ is about to happen, unknown re a date – just that within 180 days, but could be 120-150 days.

As I said, for a long time I’ve accepted as inevitable the death of the U.S. dollar, and I have also anticipated an eventual nationwide “bank holiday,” so stories along those lines don’t work me up into a lather anymore. The above quotation, however, is something completely new. The only reason U.S. embassies would be instructed to purchase massive amounts of other countries’ currencies is if someone was anticipating that the U.S.’s own currency was going to become worthless, and as indicated in the above quotation, soon. I contacted Mr. Chapman, for whom I have great respect and trust, and he confirmed that the quotation cited above is his own and that he stands behind it, even a month after writing it.

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