Q & A XXXVII: BRICS bank, End of the Dollar, Other Currencies, Other Countries [Group Post]

Q. Hi PF! Could you do a reading on Two important latest development i.e. Launching of BRICS world bank and opening of Shanghai gold exchange. I think these two steps are precursor to new economic & monetary system. What plans do the chinese and Russians envision with two of these organization. Do India have any plans for them?
A. BRICS: I first see that countries are emerging, and tired of feeling suppressed by the current economic system.  I get a message about them (referring to the group of countries involved) having something to offer (goods, services, money) and want to be a part of the bigger picture.  I also get that these countries, even though the do business with US, are trying to break away from the suppression that the US and the US dollar has forced onto them.  They are looking for alternative means of trade and worth to allow them an opportunity to grow and become stronger without feeling like they have to bend the what the US wants or the US influence.  I see for now a good relationship between these countries and the US until their system is strong and established, but then a shift happens in which the countries start to be a little more dominant and less scared of US retaliation for lack of compliance or tolerance (with trade, deals, occupation on their land, etc).  

I also get that the CIA is working overtime to as "damage control" to avoid any uprisings and closely watch the actions of these other countries.  People in government here are a little scared of the long term effects of this BRICS bank and what it could mean for the future of the dollar (that is barely hanging on now).  Once this bank if fully functional, I see other countries joining in and this becoming a strong (reliable and backed) alternative to our current banking system.

Shanghai Gold Exchange:  I get this is a "Eyes Wide Shut" situation.  They (China) is in plain sight changing their need and dependency on the US dollar.  They are starting their own way of business in which they control the monetary system based on something real (and not diluted), and those using the dollar won't have the option to use their version of diluted currency.  I see them forcing the conversion to gold as a way of doing business.

Q. You always say prepare for the U.S. dollar collapse but how does one maintain their savings to reinvest during the stabilization? Keep it in a money market, or is that as risky as stocks? Keep cash in a home safe, or will the dollar be useless anyway?  Invest in foreign economies, as if I'd have the know how? I feel my very good financial institutions are not completely honest lately about the crash, wanting to keep their clients. I'm very nervous.
A. This is difficult, especially if you are of limited means and access (I too reside in the states).  When I tune into this question, I always hear that the "best defense, is a good offense."  My impression of that is to plan ahead, and not be caught up in the aftermath of something happening.  I also hear to "look with your eyes."  Pay attention to what people say (and what you read and hear in the media), but pay even closer attention to what you witness.  Diversify yourself to the best of your ability, and try to accumulate tangible things that are of worth- regardless of the monetary system certain items will retain value and can easily be incorporated into a new currency such as land, real property, precious metals, etc... 
Q. Hi Lynn. Can you tell us if there is any truth to the new financial reset where by certain currency has an increased value? Vietnamese Dong etc. is there any time line to NESARA?
A.  When all things are exhausted and we have no other option but to reset our current system, some currencies will be more valuable (or maintain their true value) when compared to the dollar.  Any currency back by something real (not diluted, or a promise to pay, or based on some kind of credit) will be much more desirable.  I don't see a definitive time line, but I see major changes happening to the dollar by the end of 2014 to early 2015.

Regarding NESARA... It feels too late with this current monitary system to implement this... We would need a total reset (and I do see attempts at what NESARA describes once we can no longer sustain).  The issue will be that we (during our struggling time) cannot compete with China globally, and I see some forced change occurring.

Q. Hi Lynn, what will happen to euro € and European union when dollar collapse end of the year, as you predicted?
A.  I see the Europeans on this "high alert" status regarding the value of the dollar.  They are paying close attention to the stock market, and even though they aren't in the country, the "Powers that Be" have eyes and ears everywhere.  When things get close, I hear the phrase "pump and dump" will occur as if the ones in the know are going to make their final bits of money before pulling out and getting their money converted into something else (I want to say gold?).  Many of the rich have a plan to mitigate their losses, and largely they will pull from US market at the end.  The world in general will feel the effects, but I see safeguards are being implemented to reduce the magnitude of them.

Q. Can you please do a reading on what will happen to Australia and its economy when the US dollar collapses? Will it be safe to put our money in the banks during the crisis since there have been rumors about banks trying to takes people's deposit next time they fall into a crisis. Do these rumors feel true to you?
A.  These rumors do feel true to me.  What I see first happening is those with substantial amount of money in the bank (those top 1% people) will have a sweep of money taken.  There will be some promise of tax breaks, etc to "make up for this."  The top know it is coming, and hide a lot of money elsewhere in accounts that cannot be touched (I get part of it will be only accounts on US soil will be swept).  I don't see a sweep in other countries, but if you live in Australia and have an account here, pay attention to what is going on.  

I also get that when things for the US get bad, a new system will be put in place that will allow commerce with other countries to occur.  It is as if other countries are queueing up to take over with the US cannot provide (trade, jobs, financing, investments).  

Q. Back in July you made comments about silver going up pretty substantially in July. There is a lot of international attention on the precious metals. What are your current feelings on the PM's? Especially silver! thanks : )
A. I see a false suppression going on.  It is as if people in the know are holding it down to allow them to buy more of it while prices are low, so when the price goes more true to value they make tons of money.  I see it being held down while the issues with the dollar are sorted out and plans for the next phase of a monetary system get situated.  In my focus sessions when I try hard to fixate on a date, I always see a Christmas tree, which I interpret as Christmas 2014 or early 2015 as a date to see some real change, or obvious clues as to what is going to happen.

And that is all I have for now.  Thank you.  Narrated reading to be posted on YouTube.