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How Does the Dollar’s Reserve Status REALLY Affect You?

Chuck Butler (August 18, 2009)

FREE Video Has the Answer…

Lately the world’s leaders have been coming out of the woodwork to criticize the dollar. They’re saying the U.S. dollar no longer deserves to be the world’s reserve currency.

Indeed at last month’s G-8 meeting in Italy, Russian President Medvedev even pulled out a new “world reserve coin” to illustrate how he feels about the dollar.

Prior to that, Suresh Tendulkar, economic adviser to Indian Prime Minister Manmohan Singh, was advising the Indian government to diversify its $264 billion in reserves away from the U.S. dollar.

Reason? India’s leaders were concerned about the dollar holding up its end of the deal as the world’s reserve currency.

So this all begs the question: What would really happen if the dollar lost its reserve status? Would that actually affect you or the common American on the street?

Each week, Chuck Butler films a special video just for his Currency Capitalist members, where he answers one question from one of his readers.

In a recent video, Chuck explained exactly what would happen if the dollar lost its reserve status. As an exclusive here in FX University, we’re bringing you this video below.

You can click right here to view this special video…

Good Currency Investing!
Kat Von Rohr, Managing Editor
World Currency Watch

P.S. If you’re not a Currency Capitalist member yet, then you’re missing out on 12 issues packed with Chuck Butler and Ashish Advani’s currency insights…a full currency portfolio with new recommendations each month…weekly Q&A videos like the one above…five special reports designed to jumpstart your currency education (and your portfolio)…and so much more. Click here for details.

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