Why China Is Secretly "Dumping" Its Gold

The story that threatens to take down every single world currency…       January 09, 2014           Why China Is Secretly "Dumping" Its Gold Dear Reader, There's a new story developing that may scare you. It's a true threat to the Fed's cartel-like control over your financial security. Steve Hanke was a senior economic adviser to President Reagan. He's calling this phenomenon "a competitive threat to all currencies." And he's right… Thirty-six U.S. cities across 20 states have now turned their back on the U.S. dollar. In fact, all over the world, people are abandoning paper currencies… including the euro, the pound, the yen… you name it. And it's not just paper money. In China, they're actually abandoning their gold. No money is sacred now. The head of Google, Eric Schmidt, recently held a secret meeting in a remote cottage in the English countryside to discuss what's happening… and how this story is "changing society." The mainstream media are keeping you in the dark about this. Luckily, our affiliates just completed their own research. And what they found was astounding. Click here to continue... Regards, Peter Coyne Managing editor, The Daily Reckoning                     The Daily Reckoning is committed to protecting and respecting your privacy. We do not rent or share your email address. To end your Daily Reckoning e-mail subscription and associated external offers sent from Daily Reckoning, feel free to click here. Please read our Privacy Statement. For any further comments or concerns please email us at dr@dailyreckoning.com. If you are you having trouble receiving your Daily Reckoning subscription, you can ensure its arrival in your mailbox by whitelisting the Daily Reckoning. © 2014 Agora Financial, LLC. 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.