{"id":508,"date":"2008-06-30T15:02:08","date_gmt":"2008-06-30T23:02:08","guid":{"rendered":"http:\/\/www.cogwriter.com\/news\/?p=508"},"modified":"2008-09-22T11:25:58","modified_gmt":"2008-09-22T19:25:58","slug":"dollar-concerns-china","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/prophecy\/dollar-concerns-china\/","title":{"rendered":"Dollar Concerns & China"},"content":{"rendered":"

\"\"
\nThe Strength of Dollars Have Long Been Part of the \u201cPride of the Power\u201d of the USA<\/em> (which will be broken per Leviticus 26:19)<\/em><\/p>\n

COGwriter<\/a><\/p>\n

The US dollar is in the news in China:<\/p>\n

Avoid Dollar `At All Costs,’ Investor Rogers Say<\/strong><\/span><\/span><\/h2>\n

Bloomberg <\/strong>– June 30, 2008<\/span><\/span><\/p>\n

<\/span>Jim Rogers<\/span>, who in April 2006 correctly predicted oil would reach $100 a barrel and gold $1,000 an ounce, said investors should steer clear of the dollar as the U.S. economy slows and favor commodities this year. <\/span><\/span><\/p>\n

The dollar has slipped 7.7 percent against the euro and 5.9 percent versus the yen in 2008 as the Federal Reserve cut interest rates to stave off a U.S. recession. Oil prices have doubled in the past 12 months, while gold is up 44 percent. <\/span><\/p>\n

Avoid the dollar “at all costs,” Rogers, chairman of Rogers Holdings, said in a speech in Shanghai today. “The best investments in 2008 are commodities and natural resources. Agricultural prices have much higher to go over the next decade. We have a shortage of everything, including seeds.” <\/span>http:\/\/www.bloomberg.com\/apps\/news?pid=newsarchive&sid=aLr71mSZqOLI<\/span><\/p>\n

Beijing voices new concerns on dollar<\/strong><\/span><\/h2>\n

Financial Times<\/strong>, London – June 30, 2008<\/span><\/p>\n

\n

China voiced new concerns about the weakness of the dollar on Monday. Wen Jiabao, premier, said he hoped the US currency would \u201cstabilise as soon as possible\u201d.<\/span><\/p>\n

Mr Wen, who was speaking to Condoleezza Rice, the visiting US secretary of state, also said he hoped the US subprime crisis would be overcome quickly, according to a statement released by the Chinese foreign ministry on Monday night. <\/span>http:\/\/www.ft.com\/cms\/s\/3eb4b722-46bd-11dd-876a-0000779fd2ac,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F3eb4b722-46bd-11dd-876a-0000779fd2ac.html%3Fnclick_check%3D1&_i_referer=http%3A%2F%2Fwww.ft.com%2Fworld&nclick_check=1<\/span><\/p>\n<\/div>\n

The US dollar will ultimately be worthless, but not yet.\u00a0 It is still not in the interest of the Chinese to dump their dollars yet.<\/p>\n

But that time will come.<\/p>\n

Two articles of possibly related interest may include:<\/em><\/p>\n

Who is the King of the North?<\/a> Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand<\/span>? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin?\u00a0 When will the US dollar be worthless?
\n<\/span>Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End?<\/a> Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? When does the six thousand years of human rule end?<\/p>\n","protected":false},"excerpt":{"rendered":"

The Strength of Dollars Have Long Been Part of the \u201cPride of the Power\u201d of the USA (which will be broken per Leviticus 26:19) COGwriter The US dollar is in the news in China: Avoid Dollar `At All Costs,’ Investor Rogers Say Bloomberg – June 30, 2008 Jim Rogers, who in April 2006 correctly predicted […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-508","post","type-post","status-publish","format-standard","hentry","category-prophecy"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t