FULFORD: CHINA IS PROPOSING TO REPLACE THE US DOLLAR WITH THE HONG KONG DOLLAR
Benjamin Fulford
China is proposing to replace the US dollar with the Hong Kong dollar
At a top secret high-finance meeting scheduled for this weekend, China will propose that the US dollar be replaced by the Hong Kong dollar, according to a senior MI6 source. The proposal is under serious consideration by the backers of the new financial system.
As we have previously reported most US dollars ever created are now backed by gold at the rate of 1/28th of a gram per dollar. The fraudulent Federal Reserve Board fiat dollars issued after September, 2008 are not. Nor are any dollars derived from fraudulent "derivatives." So, to replace the US dollar with the Hong Kong dollar all that would be required would be to rename the gold-backed dollars. Any new Hong Kong dollars issued would be backed by the Renminbi, according to the Chinese proposal.
It might also be a good idea to rename the Hong Kong dollar the Hong Kong Yen (pronounced Yuan in Chinese). This is not for chauvinistic Asian reasons but simply because the dollar symbol $, is derived from a Satanic image of two snakes fighting while the word Yen means “fountain of life.”
benjaminfulford.typepad.com/benjaminfulford/