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Dollar falling again ...


From: Larry Edelson at Weiss Research, Inc. (alerts@e.weissinc.com) Sent: Sat 8/04/12 2:10 PM To: Emilio (emiliortiz1@hotmail.com)

Dear Emilio, The U.S. dollar has been falling of late, even against the sickly euro. Thats pretty amazing when you consider the bad shape Europe is in. On the other hand though, its not all that surprising. The U.S. is in bad shape too. The U.S. economy is slowing and Washingtons debts keep mounting. Plus, as Ive been warning for some time now, our leaders in Washington dont give a hoot about maintaining the dollars purchasing power. Indeed, its quite the contrary: Washington wants the dollar to LOSE purchasing power. Our leaders want to devalue the dollar because it means that Washington would then have a fighting chance to pay off its debts instead of defaulting. But its all a ruse because paying back debts in the future with a currency that is worth less is still a default. Its just a default on the sly, as I call it. Thing is, as Washington moves to devalue the U.S. dollar, its been enlisting the support of the Chinese government in Beijing. And Beijing is cooperating. Its doing everything it can to revalue its currency, the yuan, higher and help Washington engineer a dollar devaluation. Why would China accept a dollar devaluation when they have so much invested in the U.S. government in U.S. Treasury markets? Seems illogical, I know. But its not illogical at all. Fact is, Beijing is willing to accept a loss on its dollar-based investments because ... A. It has other investments that will rise in value as the dollar loses purchasing power. Namely investments in natural resources. And ... B. China wants to capitalize on the opportunity Washington is giving it to push its yuan to the top of the hill, and push the dollar to the number two slot in the worlds currency markets. There arent many who have exposed this collusion between Washington and Beijing. I understand; it can get one in a lot of trouble. Not only with Beijing, but also with the authorities in Washington. But the hell with it. YOU need to know how all this is going to affect your wealth, and thats why I am willing to be so vocal about it. Its all laid out for you in a special video I produced on the doorstep of the Shanghai Financial Center. The video exposes the truth on how Washington and Beijing are actually in cahoots with each other to devalue the U.S. dollar ... And it includes the steps you must take to immediately start protecting and growing your wealth as the dollar loses its purchasing power in the weeks and months ahead. To view the video, simply turn up your computer speakers and click this link; the video will begin playing immediately. The video costs nothing to watch. I repeat: Click here now. Best wishes, Larry Edelson We love hearing from readers. But our editors wont get your e-mail if you simply hit the reply button. So please send your questions, comments and suggestions to: support@weissinc.com.

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30/07/2012 16:10

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30/07/2012 16:10

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