Fiat Currency COLLAPSE Update 04/07/18

in #money6 years ago

maxresdefault (5).jpg

As I am writing to you around the world, it seems like many fiat currencies are yet again to cycle through their lifecycle and there are a few that if you saved money in them, you would suffer. I thought I'd let you know what is happening worldwide. We are about to celebrate the US independence Day, but what people forget is that they areslaves to the current bankster owned and run central banking system.

Here is an update as of today 04th of July 2018.

Sudan and the Sudanese Pound:

Since April 2010 the new Sudanese currency has fallen -87.57%. What a great investment? Fiat never is, but the poor people living in the country where they were forced upon this currency had their live savings disintegrated from massive devaluation.

sudanese pound.png

Here is another unknown currency. It is the Uzbekistanian Som. It has dropped -81.44% since August 2009. Of course, these are the values towards the dollar which is regularly devaluing from more and more monetary creation.

uzb som.png

The next one in Egypt. Its Pound has dropped -74.38% since January 2003 Josh, and I made a video on their devaluation a while back.

egy pound.png

How about the Angolan Kwanza that has dropped -68% since 2009.

angola-currency.png

Or the Liberian Dollar dropping -71.54% since December 2008.

lib dollar.png

Here is the Kazakh Tenge that has dropped -75.38% since January 1999.

kaz the.png

Or the Mexican Peso that has dropped -48.61% since 2010.

mxn peso.png

We cannot forget the notorious Argentinian Peso that has dropped -96.48% since 1992.

arg peso.png

Here is the Brazilian Real since 1994 has dropped -76.56%.

brl real.png

The Iranian Rial has also had a severe devaluation going down -76.56% since May 0f 2000.

iran rial.png

The Uruguayan Peso has dropped -43.71% since August 2011.

erg peso.png

Last but least I wanted to show you the historical decline of the Venezuelan Bolivares Fuerte. It has dropped -99.99% since January 1989. Current exchange rate using BTC as an intermediary has the exchange rate at 3,108,103.92 to USD not the official number of 114,856.30 to USD.

vbf fuerthe.png

The observation is that these currencies have been devalued against the US Dollar. Has the US Dollar become stronger than or has the US Dollars value fallen as well? Let's use the old medium of measure called gold and see if the dollar is losing value and with that the other currencies losing even worse value.

If you use the gold price from 2000 you'll find that the USD has lost -78.34% in value, but that's the paper price and if you account for the market cap of the GLD vs. real gold, not paper the price of gold should be closer to $679,397 if you take away the 542 paper claims per physical deliverable bullion available. Let that thought sink in and then if you consider that price the dollar has lost -99.95% of its value since 2000. That is just a thought experiment and not the potentially real price, but I just used the COMEX paper claims per physically deliverable ounce of gold.

comex gold coverage ratio (3).jpg

Peace, Love and Voluntaryism,

John Sneisen

Sort:  

Very information in this post

That's why i say, invest in crypto ;)

Coin Marketplace

STEEM 0.24
TRX 0.12
JST 0.030
BTC 69420.53
ETH 3671.20
USDT 1.00
SBD 3.23