The Amero - is it real ?

The alleged replacement of the US dollar, Canadian loonie and Mexican Peso with Amero raises eyebrows. Just like Euro which is the common currency of the European Union, the Amero has been rumoured to be the currency for North American Union, consisting of United States, Mexico and Canada. This is supposedly the agenda to be one step closer to UN dreams of a one world government.

The amero coins and bills has already been printed, though its announced to be more of a collective nature rather than real currency.
Try googling up amero, and you'll find plenty of news on it.

I've been thinking about the US debt. Their debt is probably going parabolic, the government is not a bunch of stupid people. They know what they are doing. The huge and perhaps, unrecoverable debt makes the dollar worthless. If, assuming the rumours are real, and that the powers will be creating a new currency to replace the greenback, then it makes sense to chalk up a mountain of debt. Since you're not going to repay your debts in dollar anyway. So you spend and spend, buy and buy...

I've no idea if its true. Time will tell.

Asia (China ?) has been agressively buying Gold & Silver. Both these precious metals have finally broken out and up of its diagonal triangle, so this means the short term direction is up, targetting a Gold target of above $1000. As for Silver, its still below its all time high of $21, lets hope it can reach that level soon.

As stated in my previous posts, will Gold & Silver follow the deflationary trend in equities ? My guess is no at this point of time, because I suspect the upcoming tsunami will be triggered off by public's confidence in our very existing monetary and fiat currency system. The currency storm.