Hi , hope everything is good with you. Thanks for subscribing to the Newsletter. I just posted this new article on worldwide currency resets:
I wanted to end 2016
with a recap of what has been going on in 2016 since there has been so much news on currencies changing value this year.
Here is some of the article I just posted:
- Venezuela plans to pull their 100 Bs.F (Bolivar) banknotes, which represents 46% of their circulating currency. According to the
official exchange rate, it’s worth 15 cents US, however, the black market rate has it worth just 2 cents, and even that number is expected to drop.
- India pulled 86% of it’s cash out of circulation by removing 500 and 1000 rupee notes, with no warning.
- Venezuela Bolivar Loses 45% Value in Just November 2016. Black market value of US Dollar skyrockets.
- Venezuela pulls their 100 Boliva banknote just as India pulled their 500 and 1000 rupee banknotes.
- Venezuela begins printing new 20,000 banknotes as their currency and economy hyper-inflates like Zimbabwe’s
has.
- Zimbabwe releases bond notes in November 2016.
- Withdrawal limits put on Zimbabwe bond Notes
- US Dollar gains nearly 20% against Pound as of December 2016 following Brexit vote on June 23, 2016, British Pound at lowest level in 31 years
- Iran plans to revalue, rename rial currency Toman
- Aussie Dollar Plunges As Inflation Slumps To Record Low
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you all a very Merry Christmas!
Nick Giammarino
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Nick