Russia & China Know Final Currency Devaluation Is Coming

Today 40-year veteran, Robert Fitzwilson, wrote the following piece exclusively for King World News. Fitzwilson, who is founder of The Portola Group, states that most of what we are seeing today, including the action in key global markets, is all part of a charade. He also warns, “Russia and China know that the final devaluation of the fiat currencies is coming soon.”

Below is Fitzwilson’s exclusive piece for KWN:

“In the 1920s a popular phrase was ‘Follow the bouncing ball.’ The phrase was created by Max Fleischer of Fleischer Studios. Included among the characters attributed to Fleischer Studios were Superman, Popeye, and Fitz the Dog, later to be renamed Bimbo.

“Following the ball was an early form of a sing-a-long. As the audience watched a cartoon, subtitles for the music appeared at the bottom of the screen, and a bouncing ball would hover over the words to the song so that the audience could participate.

An economic and investment version of following the bouncing ball is the Dollar Index….

Read More at kingworldnews.com .

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About F. Peter Brown

Editor at the Sound Money Institute and Associate Editor at the Western Center for Journalism. www.fpeterbrown.com

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The Sound Money Institute is and educational organization dedicated to the stability and soundness of the United States Dollar. Faced with unprecedented pressure to spend beyond its means the United States Government has pressured the Federal Reserve Bank to monetize the debt or in other words they are printing currency to fund deficit spending by the US Treasury.

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