Wednesday 1 April 2009

Dear Friend, 

Could President Obama and Treasury Secretary Geithner suddenly impose currency exchange controls on the United States and the U.S. dollar?

Still only a conjecture, controls might save globalization but it could devastate thousands of American investors.

With the G20 meeting in London this week, the entire global financial system is up for grabs -- or reorganization. 

Exchange controls would establish a two-tier currency - one for internal and one for external use. U.S. investors with foreign holdings might not be able to repatriate their wealth.

My latest article explores the possibility of establishing a global currency and exchange controls for the US dollar.

Special Alert: U.S. Currency Exchange Controls?