World Government Lurches Forward, by Jason Hommel

People continually ask me about the plans for a North American Currency, or Amero. They ask, "Will the Amero devalue the dollar, will it be silver?" I've read the news on it for years, but nobody knows, it's only theoretical and in discussions at this point.

But I do have several solid and well founded opinions.

1. A North American Currency will NOT be planned to be gold or silver. Silver's price (and gold's) is way too low still.

2. A North American Currency will probably not be accompanied by a rapid or massive 50-75% devaluation of dollars. That's not how they introduced the Euro, it was smooth, well planned, and prices were quoted in both Euros and national currency for two years during the transition. (more)