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Dollar Value Could Suffer Instant Change-David Morgan

from USA Watchdog:

Silver expert David Morgan is warning of coming financial changes that may be forced on the U.S. during the next G20 meeting.

Morgan says, “The impetus here is the U.S. has had too much financial power backed by the military for far too long, and they (G20) are going to implement change one way or the other. The IMF is basically an extension of the United States. Even though it’s called the International Monetary Fund, it is really U.S. based. With what’s been proposed here, the IMF is not going to have the clout that it once did because the G-20 is going to be able to overrule the IMF vote. This is a point in history, monetary history and global economic politics that could set a precedent . . . where it’s official that the U.S. dollar has lost its primary status as world reserve currency.”

Morgan goes on to say, “For years and years, decades, the United States has exported their inflation because it’s a reserve currency, and we have the ability to just print at will.

Read More @ USAWatchdog.com

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7 comments to Dollar Value Could Suffer Instant Change-David Morgan

  • Eric

    Haha! “It’s up again. It’s up again. Oh It’s up again….” Get ready to hear it over and over and say, “Of course it is” with a smile 🙂

    “Consumer confidence is at a 9 year high” haha!

    Very good interview with David.

    Thanks guys!

  • Bruce Barry

    “SLV… no silver in that”

    OMG. You’d think this was “Eric” of KWN fame. Dude, if you don’t like the “DOLLLAR” you can always GTFO and trade in RUB.

    When did alternative media become communist propaganda?

  • hal

    If gold (and not silver) is reintroduced into the global financial system, backing the SDR or direct gold trade settlement or something, I think David makes a very good point that the rush into silver would likely be great as most people would not have the $$ or access to get into gold.

    Bruce, why do you spend so much time on a site that you seem to despise so much? Why not go to sites you enjoy?

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