The U.S. Dollar’s Days are Numbered …

“The U.S. and the euro zone will likely complete a free-trade agreement next year. It will be the largest agreement of its kind in history, representing almost 50% of world GDP. Mexico had the highest percentage growth in household wealth from 2012 to 2013, with an increase of 17%.  The Chinese renminbi is already entrenched as one of the top 10 most-traded currencies in the world. And the Chinese domestic bond market is already the fourth largest — and it’s growing at 30% a year!  The Reserve Bank of Australia has already announced that it plans to invest about 5% of its reserves in Chinese debt.  Since 2005, the renminbi has appreciated about 35% against the U.S. dollar.”

http://thesovereigninvestor.com/2013/11/01/u-s-dollars-days-numbered/

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