Jim Rickards: Secret ‘Shanghai Accord’ Kills the Dollar!

RickardsDuring Secret February ‘Shanghai Accord’ Meeting
James Rickards says a secret deal has been struck to kill the US dollar, and replace it with a world currency called special drawing rights (SDR):


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From TruNews:

During a secret meeting in Feb. — being dubbed the “Shanghai accord” — the world’s central bankers decided the IMF’s SDR will replace the USD as the world’s reserve currency.

  • A secret meeting occurred in Shanghai on Feb. 26th between Janet Yellen (US Fed), Christine Lagarde (IMF head), Mario Draghi (ECB head), Jack Lew (U.S. Secretary of the Treasury), and all their central bank and finance ministry counterparts from Japan, China, Brazil, Russia, India, and South Africa.
  • During this meeting, a deal was struck — which he has named the Shanghai Accord — because of its similarities to the famous Plaza Accord of 1985, which was the last major central banker backed operation to detonate the US dollar.
  • Keep eyes on upcoming central bankers meeting in Washington D.C. on April 13.

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