We've delivered the principle ideas of James Dale Davison previously, but there's a new urgency in considering what he has to say because he has issued a new caution: On June 21, there will be a civilization-changing development that will substantially impact global financial stability and your household.
Around that date, Davidson says that the effects of the precipitous fall of the U.S. dollar as the preferred currency of the entire world -- especially as the foundation of "petrodollars"-- will become very apparent. And that implies you should be seriously considering allocating or strengthening your financial investments in alternative forms of money like gold and silver because precious metals will certainly be highly favored by such a change.
Of course, my investment firm has actually been advising our clients for many years on the importance of transforming their paper money into God's money--gold and silver--for a number of reasons.
And it's not as if Davidson, a geopolitical guru of considerable influence, is the only one issuing such dire cautions.
A story on CNBC Today asks if the dollar is on its deathbed and discusses its concerns that the dollar's regime as the world's currency will come to an end. All this is a reflection of a worldwide financial instability despite all the media talk about the "recuperation" in the U.S. and Asia. In fact, the Tokyo stock exchange has been plunging into a new correction, with shares now off by well over 10 percent from their recent highs.
But back to Davidson. He believes that, as weakened as the U.S. dollar and the American economy have become lately, they're about to experience an unprecedented swoon because of two things: the sad state of America's finances, and the decisive move by oil-exporting countries away from their 40-year tradition of basing the entire petroleum economy on the use of the dollar.
The game-changing movement actually started more than a year ago when the Tehran Times published an article which pointed out that Iran would begin moving away from the petrodollar. As this trend spread worldwide, it sapped away the influence of the US and other economies are becoming much more influential, like China, for instance.
What are regular investors going to do when faced with this change in a historical pattern? Davidson recommends a few possibilities. One of them includes a fait-money play called the Powershares DB United States Dollar Index Bearish Fund, which is based on an exchange-traded fund. Yet his other suggestion is the one that we agree with: invest in gold.
Around that date, Davidson says that the effects of the precipitous fall of the U.S. dollar as the preferred currency of the entire world -- especially as the foundation of "petrodollars"-- will become very apparent. And that implies you should be seriously considering allocating or strengthening your financial investments in alternative forms of money like gold and silver because precious metals will certainly be highly favored by such a change.
Of course, my investment firm has actually been advising our clients for many years on the importance of transforming their paper money into God's money--gold and silver--for a number of reasons.
And it's not as if Davidson, a geopolitical guru of considerable influence, is the only one issuing such dire cautions.
A story on CNBC Today asks if the dollar is on its deathbed and discusses its concerns that the dollar's regime as the world's currency will come to an end. All this is a reflection of a worldwide financial instability despite all the media talk about the "recuperation" in the U.S. and Asia. In fact, the Tokyo stock exchange has been plunging into a new correction, with shares now off by well over 10 percent from their recent highs.
But back to Davidson. He believes that, as weakened as the U.S. dollar and the American economy have become lately, they're about to experience an unprecedented swoon because of two things: the sad state of America's finances, and the decisive move by oil-exporting countries away from their 40-year tradition of basing the entire petroleum economy on the use of the dollar.
The game-changing movement actually started more than a year ago when the Tehran Times published an article which pointed out that Iran would begin moving away from the petrodollar. As this trend spread worldwide, it sapped away the influence of the US and other economies are becoming much more influential, like China, for instance.
What are regular investors going to do when faced with this change in a historical pattern? Davidson recommends a few possibilities. One of them includes a fait-money play called the Powershares DB United States Dollar Index Bearish Fund, which is based on an exchange-traded fund. Yet his other suggestion is the one that we agree with: invest in gold.
About the Author:
Learn more about Anne Trimble and her amazing gift of predicting financial markets and uncannily accurate Biblical prophecies in her autobiography Faith Through The Flames.
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