Amero currency to replace dollar

THE NEW WORLD DISORDER
 
NorthAm currency
for U.S., Canada,
Mexico to replace
weakening dollar
 
una2008g.jpg
 
Euro-like ‘amero’ to counter China power;
even Union in Africa to have ‘gold mandela’
 
una2008s.jpg
 
Bank strategist expects currency changes
as Canadian dollar matches US greenback
 
 
By JEROME R. CORSI
WorldNetDaily.com
05 October 2007
 
 


A commemorative amero coin

BankIntroductions.com, a Canadian company that specializes in global banking strategies and currency consulting, is advising clients that the amero may be the currency of North America within the next 10 years.

“The amero would compete against other regional currency blocks,” BankIntroductions.com says. “At present, with the Canadian dollar approaching par, more talk for an amero currency unit will become popular in Canada.”
 
The company says that with the successful implementation of NAFTA, “the one dragging component for the amero will be Mexico, but in time this will change.”
 
“Implementation of the amero currency may actually give Mexico an economic boost, thus helping to alleviate Mexican immigration pressures into the United States for those Mexicans seeking financial gain,” BankIntroductions.com advises.
 
“The amero one day may well be circulating throughout North America.”
 
Matt Bell, president of BankIntroductions.com, told WND in an e-mail to “feel free to quote our currency research on Canada. Our general opinion on the amero stands as stated.”
 
As WND reported, coin designer Daniel Carr has issued for sale a series of private-issue fantasy pattern amero coins that have drawn attention on the Internet.
 

WND also reported the African Union is moving down the path of regional economic integration, with the African Central Bank planning to create the “Gold Mandela” as a single African continental currency by 2010.
 
The Council on Foreign Relations also has supported regional and global currencies designed to replace nationally issued currencies.
 
In an article in the May/June issue of Foreign Affairs, entitled “The End of National Currency,” CFR economist Benn Steil asserted the dollar is a temporary currency.
 
Steil concluded “countries should abandon monetary nationalism,” moving to adopt regional currencies, on the road to a global “one world currency.”
 
WND previously reported Steve Previs, a vice president at Jeffries International Ltd. in London, said the amero “is the proposed new currency for the North American Community which is being developed right now between Canada, the U.S., and Mexico.”
 
A video clip of the CNBC interview in November with Jeffries is now available at YouTube.com.
 

WND also has reported a continued slide in the value of the dollar on world currency markets could set up conditions in which the adoption of the amero as a North American currency gains momentum.
 
http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=57980
 
una2008c.jpg
London stock trader urges move to ‘amero,’ says many
unaware of plan to replace dollar with newest currency
 
 
By JEROME R. CORSI
WorldNetDaily.com
28 November 2006
 

IN AN interview with CNBC, a vice president for a prominent London investment firm yesterday urged a move away from the dollar to the “amero,” a coming North American currency, he said, that “will have a big impact on everybody’s life, in Canada, the U.S. and Mexico.”
 
Steve Previs, a vice president at Jefferies International Ltd., explained the Amero “is the proposed new currency for the North American Community which is being developed right now between Canada, the U.S. and Mexico.”
 
The aim, he said, according to a transcript provided by CNBC to WND, is to make a “borderless community, much like the European Union, with the U.S. dollar, the
Canadian dollar and the Mexican peso being replaced by the amero.”
 
Previs told the television audience many Canadians are “upset” about the amero. Most Americans outside of Texas largely are unaware of the amero or the plans to integrate
North America, Previs observed, claiming many are just “putting their head in the sand” over the plans.
 
CNBC asked Previs whether he thought NAFTA was “working and doing enough.”
 
He replied: “Until it created a lot of illegal immigrants coming across the border. I don’t know. You get the pros and cons on NAFTA. For some people it is a good thing, and for other people it has been a disaster.”
 
The speculation on the future of a new North American currency came amid a major U.S. dollar sell-off worldwide that began last week.
 
Yesterday, the dollar also reached new multi-month low against
the euro, breaking through the $1.30 per euro technical high that had held since April 2005.
 
At the same time, the Chinese central bank set the yuan at 7.0402 per dollar, the highest level since Beijing established a new currency exchange system in 2005 that severed
China’s previous policy of tying the value of the yuan to the U.S. dollar.
 
Many analysts worldwide attributed the dramatic fall in the value of the U.S. dollar at least partially to China’s announcement last week that it would seek to diversify its
foreign exchange currency holdings away from the U.S. dollar. China recently has crossed the threshold of holding $1 trillion in U.S. dollar foreign-exchange reserves, surpassing Japan as the largest holder in the world.
 
Barry Ritholtz, chief market strategist for
Ritholtz Research & Analytics in New York City, in a phone interview with WND, characterized today’s downward move of the dollar as “wackage,” a new word he coined to convey that the dollar is being “whacked” in this current market movement.
 
Ritholtz told WND that yesterday’s downward move “was a major market correction that points to the risk of subsequent downside to the dollar.”
 
Asked whether he would characterize the dollar’s downside move as signaling a possible collapse, Mr Ritholtz told WND, “Not yet.”
 
Ritholtz pointed out market professionals had long looked at a dollar collapse as a “low probability event,” but the recent fall suggests “the probabilities have increased of a major dollar correction, or even of a collapse.”
 
U.S. trade imbalances with China have hit a record $228 billion this year, largely reflecting a surging flow of containers from China with retail goods headed for the U.S. mass market.
 
Secretary of Commerce Carlos Gutierrez is in Bejing leading a trade delegation of more than two dozen U.S. business executives.
 
“The future should be focused on exporting to China,” Guiterrez told reporters in Bejing, noting that this year, U.S. exports to China are up 34 percent on a year-to-year basis, surpassing last year’s gain of 20 percent.
 
One way to improve the U.S. trade imbalance may be to ease up on restrictions of exporting high-tech products and allowing technology transfers to China, a move likely to be politically charged in the U.S.
 
The decline in value of the dollar will also make U.S. exports more attractive and Chinese exports to the U.S. more expensive.
 
In February 2007, a virtually unprecedented top-level U.S. economic mission is scheduled to
travel to China. Included in the mission are Treasury Secretary Henry Paulson, Jr., Secretary of Commerce Carlos Gutierrez and Federal Reserve Chairman Ben Bernanke.
 
Previs declined to be interviewed for this article, telling WND in an e-mail he did not want to be quoted directly in any article that may express a political point of view.
 
naftasuprhghway.jpg

 
 
Amero, NAFTA Super-Highway,
and the future of North America
 
By JUDI McLEOD
Canadian Free Press
Thursday, 14 December 2006
 
Pope John Paul II, EuroTHE PEOPLE’s Republic of China, long lauded by America’s enemies as the world’s next economic power, will be the country that will force the creation of the `North American Union’ (NAU).
 
Kofi Annan’s former pointman, Canadian Maurice Strong, has been boasting from Chinese soil that China soon would be replacing America as economic king, using the jingo that’s the official language at Turtle Bay.
 
The billions of dollars China has invested in the flagging American economy will be worthless. They will have to negotiate the exchange rate to the new amero. This will then force the creation of the North American Union.
 
The cloak of the NAU, fashioned in secrecy, will be thrown over an unsuspecting public, erasing the borders of three countries. Mexico, which already has legions of its citizens living and working inside America, is, in effect already inside the NAU. Their governments will inform the American and Canadian people that there is no option but the bread line.
 
Unfortunately, the plan, which has been in place for some time, now, has been all but ignored by the mainstream media.
 
One of the signs that the NAU is on its way is the collapse of the American greenback dollar paving the way for the debut of the ‘amero’.
 
“Two analysts who have reconstructed money supply data after the Fed stopped publishing it argue a coming dollar collapse will set the stage for creating the amero as a North American currency to replace the dollar,” (WorldNetDaily, Dec. 13, 2006).
 
The euro followed the same blueprint of stealth and surprise. It was already issued as replacement currency before the masses could coalesce to fight it.
 
Who ever would have dreamed that the euro of a secular bureaucracy one day would be accepted for use at the Vatican? Pope John Paul II, who repeatedly condemned the “moral drift” of secular Brussels, sanctioned an official Euro for the Vatican.
 
In appearance, the Vatican coin looks very much like other Euro coins. But on the flip side of the coin, the image of Pope John Paul II faces left.
 
“By permitting his image on this new coin, John Paul II has given another symbolic and powerful stimulus to the European Union, which with the issuance of the Euro, is taking an important step towards the Universal Republic,” said Atila Sinke Guimarnes in Daily Catholic.
 
Was it all that long ago when people said the formation of the European Union was impossible? Today, the EU European holds 27 nations under its authority with other countries lined up for membership.
 
In the US, experts are now predicting that the collapse of the dollar is imminent.
 
“People in the U.S. are going to be hit hard,” says Bob Chapman publisher of The International Forecaster newsletter. “In the severe recession we are entering now, Bush will argue that we have to form a North American Union to compete with the Euro.”
 
“Creating the amero,” Chapman explained, “will be presented to the American public as the administration’s solution for dollar recovery. In the process of creating the amero, the Bush administration just abandons the dollar.”
 
While the amero is being groomed to enter stage left, another phenomenon has been gathering steam outside of media headlines.
 
The North American Union, which got its start in secrecy, has been pulled out of the closet by a grass-roots effort, that will force it onto the agenda when Nancy Pelosi and Company open the 100th congress next month.
 
Pressed on by Conservative Caucus Chairman Howard Phillips; WND columnist and author Jerome Corsi; activist and American icon Phyllis Schlafly, leaders of the 50-member strong coalition are poised to halt any effort by the U.S. to enter into a North American Union with Mexico and Canada.
 
Members of Schlafly’s Eagle Forum have been in training for the past two months to lobby on Capitol Hill when Congress convenes.
 
The resolution–sponsored by Republican Reps. Virgil Goode Jr. of Virginia, Tom Tancredo of Colorado, Walter Jones of North Carolina, and Ron Paul of Texas–expresses “the sense of Congress that the United States should not engage in the construction of a North American Free Trade Agreement (NAFTA) Superhighway System or enter into a North American Union (NAU) with Mexico or Canada.”
 
It’s no idle boast when Phillips says, “this could be the most important project on which we’ve ever worked.”
 
Armed with the Internet release of about 1,000 documents, obtained in a Freedom of Information Act request to the Security ad Prosperity Partnership of North America, the coalition has the potential to embarrass the governments of all three countries.
 
According to Corsi, “the documents show the White House is engaging in collaborative relations with Mexico and Canada–outside the U.S. Constitution.
 
Very little about the NAU has been covered by the Canadian media.
 
The stage has been carefully set and only intervention will stop North America from taking the same stealth route that Europe took in creating the European Union and its legal tender the Euro.
 
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s