South Africa this week will take some initial steps to unseat the US dollar as the preferred worldwide currency for trade and investment in emerging economies.

29 comments on “South Africa this week will take some initial steps to unseat the US dollar as the preferred worldwide currency for trade and investment in emerging economies.
  1. Flopot says:

    This is so unfair. How the f**k is the US supposed to instigate regime change in all these countries?

  2. Argentum says:

    Jim Rogers has been right all along, asking to hold on to the RMB if one had any holding. So does Max, who has been talking about a ‘basket’ of currencies propagated by BRICS, as an alternative to the USD.

    The lines are thicker and clearer now. The ‘third world’ with > 50% of its population is ready to enjoy the fruits of its sacrifices and diligence, without subsidizing it to the ‘developed’ West.

  3. James T says:

    Gee, what will happen to the value of a currency when the international demand for it significantly decreases? If I remember my Econ 101, when demand goes down and supply (via helicopter Ben) goes up, price decreases. At some point even the hopelessly corrupt Bureau of Labor Statistics will be admitting to 10% inflation. That will probably be when the inflation rate is around 25% per year.

  4. Palantír says:

    Substituting one worldwide currency with another, where do we end up then?
    What would a new worldwide currency bring to the table that is different from what currently exists? Better control of the printing press… for how long?
    Or are we seeing the fall of a superpower to the advantage of several regional currency powers across the world, would that be more preferable?

  5. Mini US says:

    More opinions on inflation/Deflation/Stagfaltion.

    Just to muddy the waters a little more :)

    http://www.youtube.com/TheSchaefReport

  6. Al Kyder says:

    It looks like they are going to bring in some kind of PM standard, thats why they wanted BRICS, they needed SA on board to make sure Gold could become the standard unit of trade.

    Russia and South Africa have all the gold, and I was taught that the reason te US went off the Gold Standard was to prevent these two countries from becoming world economic powers.

    That move by Nixon destroyed the buying power of the Gold Krugerrand. I can remember people refusing to take Gold Krugerrands on more than one real estate deal, claiming that they were a “Scam” and worth nothing.

  7. Sharky says:

    How long before we hear that South Africa are developeing nukes or harbouring terrorists?

  8. MirrorMirror says:

    Obama-Pledges-His-Allegiance-to-Her-Majesty-the-Queen

    http://www.youtube.com/watch?v=nzAWY6LMLZg

    Crazy stuff .

  9. Mattdog says:

    @ Al Kyder, Maybe there has been a substantial find of oil off the coast of Namibia, or something else, (gold? diamonds?) since so much has been hush-hush about it. The invested interests have done a good job of making sure control has some “African” Authority?

  10. Christophe says:

    @MirrorMirror: thanks for that mind-blowing video of Oblabla openly stating his pledged allegiance to “her (his) majesty”.

    It’s nice that there remain at least a few (less than a handful, surely) legitimate politicians in Washington and that they are trying to get him impeached, trying to stop us from going to war with Iran.

    I wonder if global nuclear warfare is indeed TPTB’s desired endgame. I guess we’ll soon be finding out…

  11. Al Kyder says:

    @ Mattdog
    @ Sharky

    Namibia has a transit corridor eft over from colonial times. I have reported the real estate market collapse and the IPO for the oil pipeline in the transit corridor here

    http://maxkeiser.com/2012/03/17/kr263-keiser-report-rip-out-eyes-tear-off-head/#comment-453043

    I am guessing they are planning to pump central african oil from here. Namibia is mostly desert and very sparsely populated. The population in the cities appear to be well educated.

    I wonder what the SCO has to say on this matter?

    There was also this earlier in the year
    Namibia: Govt Green Lights Chinese Uranium Buy-in
    11 JANUARY 2012
    The go-ahead would allow Taurus Mineral, a subsidiary of state-owned China Guangdong Nuclear Power Holding Company (CGNPC), to buy a controlling share in Australia-based Extract Resources, which holds exploration licenses for the massive Husab uranium deposit in west-central Namibia.

    Lots of happy face pics from the Official Chinese website on the tour.
    http://www.npc.gov.cn/englishnpc/Special/ChairmanWuVisitsNamibia/node_16189.htm

  12. Troy Ounce says:

    Do not worry about SA.

    They are firmly in the Fed camp of the controlled demolition of the US$.

    Tito Mboweni, ex-SA Reserve Bank Governor, now has a well-paid job at Goldman Sachs in Johannesburg. Not because he’s competent but because he’s was the Reserve Bank Governor and was a political appointee with a great network of ANC politicians.

    No monetary move without polician’s consent, ANC -, Reserve Bank -, Tito’s -, Goldman Sachs -, Fed consent.

    Everybody eats in the SA from the trough of fiat-money despite the fact that they are digging out real money in tons at the time.

  13. Danny Cunnington says:

    It’s certainly true that South Africa has been and is been heavily controlled by Western powers. You could clearly see this in the shenanigans surrounding the end of apartheid.
    What’s different now is that South Africa is been tempted into a new power configuration which will give it more power. Obviously the old guard won’t go without some sort of fight
    and South African politics has been infiltrated by a group called common purpose international who are based in London, originate from a political think-tank called DEMOS and have Chatham house secrecy rules.

    They are a registered charity but then their people make up at least half of the UK charity commission.

  14. MirrorMirror says:

    Timeline to America’s Total Destruction with Pastor Lindsey Williams
    http://www.youtube.com/watch?v=uDppA3mMBas

    # USD & EUR will be dead by end of 2012
    # Saudis will supply Chinese Oil
    # Saudis will admit to massive reserves underground
    # The Indicator for the USD crash will be in the Derivatives market.
    # The plan was to load the world to the hilt with Debt.
    # New World Govt. is ready and waiting
    # Obama may NOT get re-elected ( Tom Fowler , ex WS insider )

    We’ll see if Lindsey Williams is right again.

    .

  15. susan says:

    @MM:

    Ahah! Thank you for that post – exactly as my instincts have been telling me for some while. There is no cavalry. China is actually ‘China’, with you-know-who centrally-controlled banks, you-know-who now needs to crash dollar and euro and wipe the floor with the rest of us. You-know-who could not allow anything like the emerging markets to go unnoticed, with all of those people to sell ipads and iphones to, plus they still stay on top. Fulford has been telling us all what is about to happen, but omitting to tell us that it will be centralised world government control – greening the deserts (you mean, like Gadhaffi was doing?); new technology which will make oil (eventually) obsolete) happiness, joy, end to hunger and environmental degradation, as long as we bow to:

    The New World Order.

    Shit.

  16. MirrorMirror says:

    RT: Dmitri Orlov : ‘America will collapse’

    America must work on starting a new economy and not restarting the old one or it will resemble the former Soviet Union, says author and blogger Dmitry Orlov.

    http://www.youtube.com/watch?v=NmTBnhOXufg

    11 mins

    .

  17. susan says:

    oh, and presumably that earthquake in Mexico with the epicentre in the town where Obama’s daughter was staying was the warning shot across his bows to toe the line?

  18. Al Kyder says:

    @ susan- oh, and presumably that earthquake in Mexico with the epicentre in the town where Obama’s daughter was staying was the warning shot across his bows to toe the line?

    HA ha ha ha Thats a good one it would work better on one of those religious bampots like Romney.

    You could play on he psychological terror created by the quake. I see earth quake survivors become nervous and the hair on the backs of theor necks stand up just talking about their experience.

    Great opportunity for mind control, especially on the supple American Evangelical mind.

    Damn, I must give it a try sometime. Just for LOLZ, I’m nit really into world domination although it might be fun too.

  19. MirrorMirror says:

    .

    @Bonn & @Youri … UFOs in Norway

    The Portal – The Hessdalen Lights Phenomenon – FULL

    http://www.youtube.com/watch?v=sNObDdZPsY8&feature=player_embedded

    47 mins.

    20 sightings / week.

    .

  20. Danny Cunnington says:

    @Susan, I’ve considered that the new change could be the old actors but the way to tell is by their actions. Ever since the time of the Pharaohs, power was primarily held by controlling food and energy. This is the basis of control today. If previously suppressed new super low cost energy is released and developed, that form of control will no longer be possible. This would prevent a uni-polar authority from collectivising everything.

    Also the NWO are obsessed racists who hate and despise people of colour. So watch for empowering technology for Africans and Asians (NWO would never do that). I’m following a plasma generator which not only produces nearly free energy and is light and portable but can extract water out of the atmosphere and has profound health implications for all mammals including humans. It’s currently blacked out of the media and can’t be shown on the internet at the moment. (The producers had to agree to this because otherwise they would have been shut down). I’m lined up to buy one as soon as it becomes possible to do so.

    The Brics uniting is a very significant geo-political event. The current system has only survived this long because it has no competition. This is why Rothschild is quoted saying “competition is a sin”. It has to be a monopoly to survive. Remember that the only aggressors on the planet now are US/UK/Israel and France plus their slave states. Everyone else wants to progress through trade and cooperation. Trying to start WW3 is not the actions of a winning side but more like Hitler’s scorched earth policies. If these type of people are forced to leave the field they ALWAYS do it in the most destructive way possible. The NWO can only work in a uni-polar world. The concept simply doesn’t work without this prerequisite.

  21. trish says:

    Danny Cunnington
    It’s currently blacked out of the media and can’t be shown on the internet at the moment. (The producers had to agree to this because otherwise they would have been shut down).

    Huh? who did they make this agreement with? and why if those that forced them to make this agreement not just shut them down anyway. It makes no sense. How do you know it is even real if you have not seen it?

  22. Danny Cunnington says:

    @Trish,
    I have seen it and some of what it can do. After that meeting held in Belgium they are not allowed to show it working anymore but can talk about it and show other things at other meetings. The people who are restricting it are government authorities in Belgium and Holland. They have concerns about health & safety, taxation and also about people hooking them up in their houses to the grid and selling surplus energy back. (You can do that here with solar panels and small windmills). Some of their concerns are understandable and legitimate so it’s important to stick to agreements made.

    The producers have been upfront and worked with the authorities from the very beginning. That they have not shut it down is an encouraging sign. To some degree they may not be much point because there are at least three other new energy things coming out in the near future. Both South Korea and Japan have developed cars which run only on water. Rossi of Italy has produced an E-cat converter that’s low temperature fusion which is also new energy in a unit that can heat and power a house. All these countries Belgium, South Korea, Japan and Italy are energy import dependant. It doesn’t make national interest sense to shut any one of these down when the cat is almost certainly going to come out of the bag anyway. It just remains a very sensitive issue at present and media speculation would be a hassle that producers don’t need.

    The Rossi E-cat is verifiable and is on the internet. The Japanese also have some water car prototypes on You Tube if you search around a bit to find them.

    The last US person to develop a water fuel cell to power a road vehicle (It was a VW beetle based beach buggy) was Stan Meyers in 1998. He was mysteriously poisoned in a restaurant and died shortly after he showed it. His place was robbed and the buggy and loads of other stuff was stolen never to be seen again. You can verify this on the internet.

    The moral behind that story is just don’t try this in the US!

  23. susan says:

    @Danny:

    Wow! Be careful, you’re starting to get my hopes up again! Just when I thought it was all ‘done and dusted’, you come along and tell us that there are new technologies that are clean, better for everybody and remove to uni-polar world that has existed since…when? WWII?

    OK, I’m going to keep an open mind for the moment, and a glimmer of hope alight. It’s true that a while ago I saw a video on a small plastic tube which could make clean drinking water out of muddy water – instantly – I think it was a TED talk. But I’ve always supposed that this new technology would be for the 500,000 left after the purging of the ‘useless eaters’.

    I’m assuming that Tesla was on to something as well – I have the book ‘The Tesla Papers’ which makes for interesting reading. I’m still a bit concerned about the geoengineering aspect of the future, but it’s true that lately there have been fewer ‘chemtrails’ and more old-fashioned normal puffy white clouds, and changeable weather, which is more ‘normal’. I hate the thought that we think we’ve ‘back-engineered’ the weather (as well as the brain, ugh!) and understand how it all works – how arrogant is that?

    But still, thank you for your posts, and please post more on the new technologies, for us all to share and marvel at. Long may your allotment (however small) prosper! Let me know if your need any ‘coeur de boeuf’ tomato seeds!

    @Al Kyder: see ‘Dutchsinse’ for more on controling the weather, whose best friend was shot whilst in his bed by masked gunmen……coincidence? He has been predicting, with remarkable accuracy, the recent earthquakes.

    @All: re Lindsey Williams: if the dollar and the euro fail by the end of the year, what does that leave…..££££££. Hmmmmm……

  24. Hegelian Dialectic says:

    “( South Africa) is expected to become party to endorsing the Chinese currency, the renminbi, as the currency of trade in emerging markets”
    So, which one are we bombing next?

  25. Danny Cunnington says:

    @Susan, Thanks for the offer of tomato seeds. I have all mine in and 15cm tall. They are hardening off slowly as I type. They are mostly early vines for the yard and bushes for the garden. I want to select for seed this season so I have to avoid cross pollination.

    Most of what I said was in reply to whoever Trish is. In hindsight, I probably said too much.
    Rest assured though, I will tell it here when It’s okay to do so.

    Tesla: We have a group here in the village who study this. They build small systems which do undeniably produce energy out of the surrounding biosphere albeit less than the amount to charge a mobile phone on this scale.

    NWO? This is a sort of war between new powers and old powers. The old power is resorting to hissy fits and death threats. The new powers are trying to unite legally and inside international law. The new powers are also breaking new ground in their potential because they are in a completely different position then they have experienced. This means the outcomes are quite unpredictable.

    As the Americans say, “In ain’t over ’till the fat lady sings”. Dirt farmers can only watch and plan accordingly.

  26. What-me-worry? says:

    Talking of energy – plasma extravaganza on 21st April – The Keshe Foundation announced on 16.3.2012 that the Foundation would hold an exclusive and special presentation at its centre in Ninove, Belgium.

    The purpose of this exclusive presentation is the introduction of the Keshe Foundation gravitational space technology to the international space agencies and governments.

    The Foundation is and will stay a neutral organisation without ties to any government.

    This event is by invitation and application acceptance only.
    http://www.keshefoundation.com/en/introduction/the-kf-center/123-events/257-special-presentation-by-the-keshe-foundation

  27. Danny Cunnington says:

    @What ne worry, Yes you have to get an invitation.

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