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To: Galirayo who wrote (214820)	8/9/2009 9:03:23 PM
From: nextrade!	Respond to of 306849

Bank Holiday Some US embassies worldwide are being advised to purchase massive amounts of local currencies; enough to last them a year. Some embassies are being sent enormous amounts of US cash to purchase currencies from those govts, quietly. But not £’s. Inside the State Dept there is a sense of sadness & foreboding that ‘something’ is about to happen, unknown date—just that within 180 days, but could be 120-150 days. During the FDR bank holiday, thousands of banks never reopened; it was a face-saving way of shutting them down. I would guess the same would occur today; thousands have little or no net value, loaded with debt, bad mortgages. Any kind of bank holiday will push the US dollar lower, which may be a bonus benefit to their ongoing scenario of letting the dollar fall. Such a fall would get the devaluation they want without having to openly declare it. In sum, the insiders want more bank & system control, fewer banks & a lower US dollar. A bank holiday would suit all their needs. It would also open the door to a One World Bank currency. rantrave.com