How do you remove the dollar as the reserve currency?

As regular readers understand only too well, America has a huge advantage over the rest of the world because the dollar is the reserve currency. The advantage comes from the fact that only America can print dollars. What a great way to pay your debts eh? You simply print the money you need. It’s like playing Monopoly and when one of the players lands on your property they simply print some more money to pay your bill. You would be furious – and that’s just a game. Now translate that into the real world and you can see why countries outside of the US are pretty hacked off with the current arrangement.

The dollar as the reserve currency will soon end.

You may be tempted to say “Hey, but we can print our own currencies too, so it’s not all one sided”.

Er, yes it is because the US has also come up with another cunning wheeze whereby you can only buy oil in dollars. Since pretty much every country needs oil, every country needs dollars. Clever eh?

So how do you break that monopoly? (see what I did there?).

The answer is you find a way of NOT using dollars and that’s exactly what’s happening even as you read this blog.

Russia has just delivered a massive blow to the “petrodollar” by announcing a monster $20 BILLION oil deal with Iran which bypasses western sanctions and the dollar based monetary system. Every barrel of oil that flows without the need for a dollar exchange further loosens the dollars grip on the global monetary system. The dam is fractured and the flow will only increase.

America’s days of having the biggest unfair advantage of any country in the history of the world will soon come to an end and carnage will follow.

Gold and silver will rise in value as paper currencies revert to their true worth – which is the value of the paper they are printed on. How can I be sure? Easy!Every single currency in the history of the world has been devalued to 1% of its original value – and the dollar is no different. It has already lost 90% of its value in 90 years – what more proof do you need?

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6 Comments

  • At £100 to double-you’re not really competing with large scale seasoned professionals.

    Once you go down the doubling numbers you begin to compete in effect with institutions and or Goverment policy etc(as that kind of continual doubling becomes an Intrest to the other 7 billion people and stated Goverment)

    As a result-after a handful of these ‘doubling’ moves…the ability and time and competing positions from other investors and said governments etc just make the ability a compounded hardness.

    Hopefully as we become more sophisticated we can enjoy these posts but realise they are like any other headline….attention seeking!

    • I’m afraid that none of that is even remotely true, Gerry. Remember, DYWTAM was written by not one, but two, multi-millionaires using these very techniques. I suspect that you’ve been ripped off in the past by the many “get rich quick schemes” that are out there. That’s a real shame. Having done all of the fourteen levels myself, (and I watch others do the same every week), I feel highly qualified to disagree with every single one of your comments. If you’re not rich now then you have to change your thinking if you want to make serious money. Here’s the thing; “If you keep doing what you’ve always done – you’ll keep getting what you’ve always got”. Stop and think about that for a minute. I don’t know if you live in a two million pound house but if you don’t, here you are telling someone who does that this won’t work. Really? The DYWTAM Programme is a genuine no-nonsense guide on how to become a millionaire – and absolutely anyone can do it.

  • Barry, is it only 10 issues of Double your way to a Million? A friend of mine who is interested wants to know, thanks.

  • hi barry i am interested in your horse racing course and your recommendation of using isiris,i understand kevin booth has resigned from isiris do you still recommend we use this company still thank you,and also i notice on your websitethat it is still dated 2017 .

    • Good question. I have not used the Isiris service recently. I had a brilliant 11 year run but eventually I got closed down by all the bookmakers. I guess that’s a real sign of success but it was fun to do and I actually miss it. I did not know that Kevin had actually retired but I understand that the results this year have been extremely good. Maybe regular readers who still use Isiris can update me on that one and let me know how they are doing.

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