Where is the world currency going?

How come i don't see this being in the headline much. Gold reached all time high today breaking its previous resistance back in Nov 09. With the Euro falling in respect to USD. People are glad to see USD gaining ground against what? against junk. Fiat vs fiat currency, all lost to gold! So what's next?

Government Ponzi scheme and currency manipulation

The massive Ponzi scheme of all time recorded in human history shall be realized sooner or later. They are these colossal social security guarantee and the federal and state pensions funds.

Definition of Ponzi scheme: A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from any actual profit earned.

The people of our generation are obligated to pay into this massive poorly manage funds while having no chance of reaping any return from it. These subsequent investors like us are those will take the 100% lost.

On top of that, the top currency manipulator can be portrait here right on this chart below. The greatest expansion of U.S. dollar has literally skyrocketed from $800B to $2.2T and counting. Almost tripling the monetary based. From a simple economic equation

GDP = V * M where V is velocity of money, and M is monetary based.

V decrease in the recession, but with this massive increase in M, we kept seen a stable grow in GDP. This is a fake, drugged up, steroid-ed injected grow which look great on paper but rotten inside.

Vietnam devalued its currency

From: http://www.nytimes.com/2009/11/26/business/global/26devalue.html"The central bank on Wednesday re-set the mid-point of the band to around 17,961 per U.S. dollar, effectively devaluing the currency by 5.44 percent."" the black market, where the dong has been much weaker, trading at 19,700 per U.S. dollar."
http://truthingold.blogspot.com/2010/02/more-bs-in-press-about-gold.html" Viet Nam devalued its currency yesterday, and based on the premium of $54 over the spot price of gold being paid in Viet Nam, it would appear that the population there is scrambling to buy physical gold. Viet Nam is quietly one of the largest buyers of gold in the world."

North Korea revalues currency

North Korea revalues currency, destroying personal savings

Washington Post article

"I worked like a dog for two months for the winter, but the money became useless paper overnight," a resident of Sinuiju

"According to two Web-based groups with sources in the North, that limit was set Monday at 100,000 won, which at current black-market rates amounts to $40. All North Korean currency that individuals possess in excess of that amount becomes worthless under the revaluation."

This was a measure to control the free market and privatization... Hard work, saving are wiped out over night. As the dollar is devaluating, we might not see the effect over night but over years. American's saving are also worth-less. Be conscious of the government monetary polices and find diverse ways to secure your hard earned saving.