China is now overtly pushing for the U.S. dollar to be replaced as the world's reserve currency.
Xinhua, China's official press agency on Sunday ran an op-ed article which kicked off as follows:
"As U.S. politicians of both political parties are still shuffling back and forth between the White House and the Capitol Hill without striking a viable deal to bring normality to the body politic they brag about, it is perhaps a good time for the befuddled world to start considering building a de-Americanized world."
China does have a broad strategy to prepare for this event.
She is encouraging the creation of an international market in her own currency through the twin centres of Hong Kong and London, side-lining New York, and she is actively promoting through the Shanghai Cooperation Organisation (SCO) non-dollar trade settlement across the whole of Asia.
She has also been covertly building her gold reserves while overtly encouraging her citizens to accumulate gold as well.
There can be little doubt from these actions that China is preparing…
Reports like this confirm our colleague Porter Stansberry was right. The "End of America" – the loss of the dollar's "reserve currency status" and the terrible inflation that could follow – is coming… and it could be coming sooner than almost anyone expects. If you still haven't followed Porter's four simple steps to prepare, click here
now before it's too late.
More on the "End of America":
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