Tag Archives: currency

FACT CHECK #95

“……In a future essay I will be focusing on the re-emergence of Vietnam into the global economy.  But for now I’d like to bring notice to the fact that their economic growth is astounding with a middle class that is swelling and an economy that is attracting huge investment.  Vietnam has the lowest unemployment rate on the planet. Samsung is moving its factories into Vietnam.  Russia has signed an agreement with Vietnam to build a $28 Billion oil refinery, the second largest in all of Asia, with more to come.  Even Starbucks is getting into the Vietnam craze.

The Vietnamese people hold 300 to 400 tonnes of personal gold.  That is equal to or greater than the gold holdings of Great Britain. The State Bank of Vietnam is planning on converting this gold into dong deposits with the intent of strengthening the currency.  Add this to the gold that will be imported into the vaults of the central bank through the Shanghai Gold Exchange, and you have the makings of a very strong regional power.  I would suspect that Vietnam will become a contributing member too the BRICS Development Bank and the SDR compositions for the region.”

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We thought this article was very interesting for many who feel that Vietnam is still a backwater surrounded by rice paddies and crumbling temples, without any hope of seeing a valuable currency.

Even more interesting is the comment on gold and its use to provide the kind of hard metal backing that will allow the currency to appreciate in value within the framework of the new gold backed system of international exchange, which will replace the USD as the reserve standard. 

The articles on this blog, so far, have been some of the best we have seen in clarifying the new horizons. And overall, it lends further credibility to the absolute fact that the GCR is real.

Vietnam is just one example of the 20 countries set to see their currencies revalue up and down, including the USD. 

Hold on to your hats. 2014 is going to be one for the books.

WHA

http://whitehatauxiliaries.wordpress.com/2014/01/30/fact-check-95/

 

SDR’s and the New Bretton Woods – Part One

Some real heavy duty writings from this writer, JC Collins.  Link to part 2 in the bottom.

 

BRICS Inject Capital into I.M.F. Basket of Currencies

Jan 21, 2014

By JC Collins

In my previous post I briefly explained how China was in the process of assuming the liabilities of the Federal Reserve, in addition to their already held liabilities of the U.S. Treasury.  Such a strong statement will require even stronger evidence.  This I will attempt to achieve over this multi-part essay. 

one-world-currency

“The legislative process is underway right now. We want the reforms to be adopted expeditiously. It’s really the U.S. Treasury, Jack Lew and his team that’s taking the lead on getting these measures through the U.S. Congress that are required to implement the 2010 reforms.”

“Just to remind you what those are, the 2010 reforms do a couple things. One, they bring four dynamic emerging market countries into the top 10 shareholder ranks or what we call quota ranks of the institution. China, Brazil, Russia, India. It also doubles our permanent capital, the quota. And it also creates a fully elected Executive Board.” 

                          – William Murray, I.M.F. Deputy Spokesman, Jan 9, 2014.

“The IMF is explicit in its antidemocratic leanings, what it calls “political considerations”.  The SDR blueprint calls for the appointment of “an advisory board of eminent experts” to provide direction on the amount of money printing in the new SDR system.  Perhaps these “eminent experts” would be selected from among the same economists and central bankers who led the international monetary system to the brink of destruction in 2008.”

                                   – James Rickards, Currency Wars, Penguin Group, 2011

 _______________________________________________________________________________

G. Edward Griffin’s mind altering “The Creature from Jekyll Island” introduced many of us to the somewhat hidden history of the U.S. Federal Reserve.  It told of how the Federal Reserve Act was passed in Congress during the Christmas break in the year 1913.  It was insidious.  And it changed the course of human history, as it planted the seed of what would slowly grow to become the world’s reserve currency.

 

Though the U.S. dollar didn’t become the official reserve currency until the Bretton Woods Agreement of 1944, it is commonly accepted that the dollar had already usurped the British pound of this title well before it was officially acknowledged. As I believe the U.S. dollar has now already been usurped by another.  We’ll get back to that in a while.

There was another event which took place in the year 1913 which has been little understood or known at all in the western world today.  After the collapse of the Manchu Dynasty in 1911, the remaining Government of the Chinese Republic issued bonds to foreign investors for the purpose of raising capital to rebuild the country.  These bonds were titled the 1913 Chinese Government 5% Reorganization Gold Loan.  Emphasis on the word gold for later reference.

These bonds were pegged to the price of gold as a hedge against future inflation and were denominated in four currencies.  The underwriting banks for the bonds reflect the four currencies which the bonds were interchangeable with at the time, which are now known as HSBC, Deutsche Bank, the Bank of Tokyo-Mitsubishi UFJ, and Caylon – Credit Agricole Corporate and Investment Bank.

Keep in mind that these bonds were issued in the same context as the U.S. Treasury Bonds which the world’s central banks have been gobbling up since 1944. These bonds had a yield.  These bonds have never fully been acknowledged by the Chinese government.  As a part of the deal with the British government for the return of Hong Kong, the People’s Republic of China did honor 10% of the outstanding bonds at about 62% of the face value.  And what I can say at this time is that there is in fact a deal in the works for a final payout on the remaining bonds.  We’ll get back to that in a while.

10323072_1

In 1944, as a part of the Bretton Woods system, the International Monetary Fund and the World Bank were created.  These were western dominated institutions whose sole purpose was organizing foreign markets for the acceptance of U.S. dollars.  We will leave the full explanation of these institutions and their role in structuring our current debt based system for another essay series, but for our purposes here, it’s important to understand that they propagated the exporting of dollar inflation to what we now call the “emerging markets”, or the BRICS countries.

Since the initial printing of the Federal Reserve Note (U.S. dollar) in 1913, the “dollar” has lost 95% of its value.  We see this devaluation of the dollar as inflation, or the increase of costs for items we buy.  This devaluation of the dollar has had a few milestones.  One is after the Bretton Woods Agreement when the dollar became the primary reserve currency of the world.  The second came when President Richard Nixon uncoupled the dollar from its peg with gold.  This was in 1971.  A third milestone can be argued to be in 1973, when the so called “petrodollar” was created with agreements between the U.S. and Saudi Arabia, and later all the OPEC countries.  This “petrodollar” scheme ensured that all oil trades were completed internationally in U.S. dollars.  This was a slight-of-hand from the Bretton Woods arrangement to the “petrodollar” arrangement.

A fourth milestone was obviously the onset of Quantitative Easing after the financial crisis of 2008.  The chart below clearly shows how with each milestone the amount of debt (money printing) by the U.S. Treasury and Federal Reserve tag team has been multiplied dramatically leading to inflation.  This is shown by an increase in the red line, which represents CPI – Consumer Price Index, the amount you pay for stuff.

20131212_Fed1

The only end to this pattern is an end to the dollar as the world’s primary reserve currency.  Just like the British pound before it.  In the chart below you’ll notice the same gradual downward pattern as the U.S. dollar.

BritishPound1791-2004NOTES

The central banks of the world were buying up U.S. treasuries before the British even accepted that there was a problem with the pound.  The same is happening today with the dollar.  In fact, most of the world outside the United States has already accepted the demise of the dollar as fact.  But the idea is unfathomable to the average American.

The International Monetary Fund issues a currency called SDR – Special Drawing Rights.  The SDR’s are valued on a basket of currencies.  In essence, it’s a true to life multiply reserve currency system.  It has been slowly built up since the early 1970’s, at the same time the U.S. dollar started its serious devaluation.  Could the plan have been in place since 1971 to end the dollar system through hyperinflation before implementing the SDR as a true world currency?  Perhaps.

On January 9, 2014, I.M.F. Deputy Spokesman William Murray was giving a press briefing.  With zero coverage of this briefing in the western media, it’s important to relay what happened when the questioned was asked about the implementation of the 2010 Code of Reforms, or Governance Reforms.  Mr. Murray answered by stating:

“The legislative process is underway right now. We want the reforms to be adopted expeditiously. It’s really the U.S. Treasury, Jack Lew and his team that’s taking the lead on getting these measures through the U.S. Congress that are required to implement the 2010 reforms.”

It seems both the U.S. Treasury and the I.M.F. are very anxious about these reforms.  So what are they?

“Just to remind you what those are, the 2010 reforms do a couple things. One, they bring four dynamic emerging market countries into the top 10 shareholder ranks or what we call quota ranks of the institution. China, Brazil, Russia, India. It also doubles our permanent capital, the quota. And it also creates a fully elected Executive Board.” 

This tells us a few important things.  One, the influence of the BRICS countries within the structure of the I.M.F. is going to be greatly expanded.  As stated, they will be in the top 10 shareholder ranks.  These are positions previously dominated by western financial and U.S. dollar interests.  The gravity of this statement cannot be understated.

Second, it’s telling us that the BRICS countries are bringing capital with them.  Enough capital in fact, to double what the I.M.F. presently holds on reserve.  The BRICS countries will be injecting a huge amount of capital into the SDR system.  One only has to research the amount of gold being exported to the BRICS countries, especially China, to understand where this capital, or worth, will come from.  We’ll get back to that in a while.

Thirdly, expanding the influence of the BRICS countries within the structure of the I.M.F. also “creates a fully elected Executive Board”.  The Executive Board of the I.M.F. is responsible for SDR allocation.  Let that sink in for a moment.  The BRICS countries are going to have an equal say on SDR allocation.  The SDR is being built up as the world’s reserve currency.  The value of the SDR will be based on a basket of currencies.  And the U.S. Treasury is pushing congress to make this happen.

On August 5, 2013, the Peoples Bank of China called for a “New Bretton Woods” system where the U.S. dollar would be removed as the world’s primary reserve currency.  It also called for an expanded usage of the SDR and for the new system to be supported by gold.

In Part Two, we will explore how the U.S. debt, being the liabilities of both the Treasury and the Federal Reserve, will be consolidated with the treasury bonds held by China and rolled into the new SDR system.        – JC Collins

Continue to SDR’s and the New Bretton Woods – Part Two

http://philosophyofmetrics.com/2014/01/21/sdrs-and-the-new-bretton-woods-part-one/

America’s Karma and World War Two Gold Theft

 

source:  http://philosophyofmetrics.com/2014/01/30/americas-karma-and-world-war-two-gold-theft/

And the Gold Recovery Attempts of the Korean and Vietnam Wars

Jan 30, 2014

By JC Collins

Missouri_Fires_16inch_Broadside!

This essay serves as an Addendum to one of my previous posts titled “China to Purchase the Federal Reserve”.  The article itself has generated a lot of interest and many questions.  Such things are not easy to prove and take book length discourses to fully understand and grasp the complexity of not just the process, but also the history behind it.  Such are the expectations of pivotal events.

Let’s back track 100 years to 1913 and the creation of the Federal Reserve.  The Fed was set up as the central bank of the United States.  It has a 100 year mandate (there are questions about extensions) and quickly went to work printing money and building up the American war machine for World War One which began the very next year.

 

The hidden purpose of World War One was the take down of one of the two last monarchies in Europe.  The Austro-Hungarian Empire was a “dual monarchy” created in 1867 as an agreement between Hungary and Austria for the purpose of defense against the onslaught of revolutions initiated by banking powers.  These revolutions started with the French Revolution as a means to overthrow Europe’s monarchy’s and plant the design of the modern state in the minds of the people.  The form of government and banking systems that spewed forth from this injustice slowly crawled from country to country, digging its roots into the industries and cultures of the conquered lands.

The second monarchy was Russia.  Also by design, the bankers created dismal economic conditions within Russia which in turn, through propaganda, was blamed on the Romanov royal family.  This, as we know, led to the Bolshevik Revolution and the installation of the synthesis to democracies thesis, communism.  See my previous post for a brief explanation on the usage of the Hegelian Dialectic.

The bankers quickly went to work in Austria on a plan to economically destroy Germany and build it back up as the Third Reich.  Similar patterns were unfolding in Asia with the rise of Imperial Japan.

World War Two officially began in September of 1939.  Like World War One, there was a hidden purpose.  This time it was the theft of gold held in both Europe and Asia.  The lands conquered by both armies were stripped of their gold reserves which were then sent back to the vaults of the western banks.  Most of this gold eventually ended up in Fort Knox as both official and unofficial gold deposits of the Federal Reserve System.  There is plenty of information available on Nazi Gold to satisfy the inquisitive mind so I will not elaborate here.

Gold Storage

Once the gold hoards were shipped west, America finally became embroiled in the war to help clean up the debris left over from the bankers gold theft.  This afforded the bankers another opportunity to earn great returns as they funded both sides of the war and literally made a killing.

But the Japanese did something unexpected.  They hid some of the gold in the tunnels and caves of the lands they conquered in Asia.  The bankers quickly caught on to this scam riding under their scam and became furious enough to drop two atomic bombs on Japan.  Fat Man and Little Boy aside, the bankers never got the gold and it was quietly moved into other locations.  Most likely it never stayed in one place for too long.

Not to be deterred, the bankers continued to build up their war machine into the American military industrial complex and set it loose upon Korea and eventually Vietnam in search of the Yamashita Gold.

There are many reasons why the bankers wanted this gold.  Traditionally gold moves towards regions that manufacture and the western world was modernizing with manufacturing as the driving force.  In order for manufacturing to continue increasing, it needed funding.  Funding came from the debt creation system that put money into circulation.  In order to print more debt, somebody needed to hold it.  The U.S. could not hold all the debt within the country because it would cause too much inflation.  As such, inflation needed to be exported to countries with markets which had been “engineered” specifically to import that inflation.  Obviously the people of these countries suffered the inflation through poor living standards and working conditions.

Note:  This is exactly what has been happening and will continue to happen in America as manufacturing has fled its shores too cheaper markets.  The gold soon followed and the living and working conditions have been getting poorer and poorer for the majority of average Americans.  This is the karma which is being exacted upon America for endless war and debauchery.

vietnam-war-rare-incredible-pictures-history

The history of our world and its wars is the history of the movement of gold.  From ancient Babylon to today, gold is the backbone of development and economic security.  Anything you hear different is simply propaganda spewing forth from the feces spigots of television sellouts who are milking an almost empty system before discarding the carcass upon the heap of history.

Gold is on the move once again.  In a big way.  Much of it going to the Chinese government and the People’s Bank of China.  Things have increased even more dramatically in the last few weeks as the Shanghai Gold Exchange has had 159 tons of gold withdrawn since January 1st. The JP Morgan gold vault has seen 44% of its inventories depleted just in the last 4 days.  Let’s not forget that the JP Morgan vault is now owned by China. Where is this gold going?

China has been setting up gold vaults throughout Asia. Vaults will not sit empty for long.

The new economic system being slowly implemented through the I.M.F. with the support of China is paying greater attention to the geographical locations of central bank gold vaults.  These locations will be in the ASEAN members as well as mainland China.  Some of the countries importing gold into central bank vaults are Vietnam, the Philippines, Singapore, Thailand, and Indonesia.

The gold which was stolen is being returned.  It took a world war to get the gold but there will be no war to get it back.  It’s already moving.  This deserves repeating, there will be no major war over this gold movement.

In the near future the Comox will no longer price gold as the Shanghai Gold Exchange will set the fixed rates along with the I.M.F. SDR framework agreements. Gold trade settlements will be structured in SDR’s but managed through the Shanghai Free Trade Zone.  From there we drop another level to the RCEP, or Regional Comprehensive Economic Partnership, comprised of the ASEAN members as well as Japan (no war with China), South Korea, Australia, New Zealand, and India.

In a future essay I will be focusing on the re-emergence of Vietnam into the global economy.  But for now I’d like to bring notice to the fact that their economic growth is astounding with a middle class that is swelling and an economy that is attracting huge investment.  Vietnam has the lowest unemployment rate on the planet. Samsung is moving its factories into Vietnam.  Russia has signed an agreement with Vietnam to build a $28 Billion oil refinery, the second largest in all of Asia, with more to come.  Even Starbucks is getting into the Vietnam craze.

Hanoi vietnam city

The Vietnamese people hold 300 to 400 tonnes of personal gold.  That is equal to or greater than the gold holdings of Great Britain. The State Bank of Vietnam is planning on converting this gold into dong deposits with the intent of strengthening the currency.  Add this to the gold that will be imported into the vaults of the central bank through the Shanghai Gold Exchange, and you have the makings of a very strong regional power.  I would suspect that Vietnam will become a contributing member too the BRICS Development Bank and the SDR compositions for the region.

A long way Vietnam has come from the American military onslaught and attempted Yamashita gold theft.  It’s almost fitting that the small country and its people which were bombed and killed by the Federal Reserve military machine will now be the partial holder of the official gold that once sat within the hollowed walls of the now empty Fort Knox.

Could this be the ultimate triumph of Confucianism over Platonism? The shame of the Asian Confucian cultures once subjected to the western idealism of Plato. And now the guilt that the west must feel as the karma is balanced.

And now the Federal Reserve System is almost dead, as the Chinese pick at the bones of what was once their tormentor.  The new Federal Reserve will issue the U.S. foreign bonds in the form of SDR compositions.  These bonds will be for international use only.  The Trans Pacific Partnership will be the pipeline for these international SDR’s as they are spewed forth from the Federal Reserve.  The allocation will be structured around the SDR basket compositions as I’m detailing in “SDR’s and the New Bretton Woods”.

The internal U.S. dollar will be issued through the Treasury.  Guess who will purchase these bonds?  If you guessed your pension fund, then you’re on the right track.  The timing of the MyRA announcement was not coincidental.  Nothing is.  – JC

http://philosophyofmetrics.com/2014/01/30/americas-karma-and-world-war-two-gold-theft/

go read some other articles on that site, good stuff.

IS THE INTERNATIONAL MONETARY FUND HINTING ABOUT AN ECONOMIC RESET?

 

So, let’s see what happens by Jan 28th, 

 

It has been rumored for quite some time that the economic powers in the world, namely the Bank for International Settlements, The International Monetary Fund, and the World Bank have been working closely with most of the worlds countries on an economic reset.

The idea behind the reset is to prevent a complete collapse of the banking industry worldwide.  When one calculates the amount of debt in the world today, the instability of the whole system is obvious.

So the main components of a reset will consist of a global currency revaluation, a new gold trade settlement system, and improved banking regulations to increase a banks assets and decrease their liabilities.  The Bank for International Settlements has been slowly and quietly implementing these new regulations, Basel 1, Basel 2, and Basel 3.   So banks decreasing their liabilities (less leveraging) means a contraction or reduction in the credit supply.

Since credit is another way of saying debt, we can reason that the plan is to have less debt in the world economy.  So what happens when every dollar in circulation is a debt dollar?  How do you reduce debt without decreasing economic growth?

Christine Lagarde, Managing Director of The International Monetary Fund, speaking from Nairobi today, said that they will be revising upward their forecast on global growth.  This new forecast will be made public in 3 weeks.  She stated that it was premature to say anything more.

It was only this past October that the I.M.F. issued their last global growth forecast and it was downward for 2014.  So what has changed in the last 3 months for the I.M.F. to revise the forecast upward?

If the plan is less leverage, how can we expect growth when the system of money creation is a debt based system?  We can micro analyse endless charts and money velocity forever.  The fact is our money creation method is debt based and debt is increasing at alarming rates.  So what gives?

A global currency revaluation is one of the main components of an overall macro economic reset.  The consensus is that the world’s currencies will become partially asset backed and will be revalued to reflect each countries capacity to produce and bring those assets to market.  In essence, it will be a bastardized version of fiat currencies and commodity currencies. It will be a Frankenstein monstrosity which will lumber around the country side dreaming of becoming real money, like gold or silver.  And like the sad and ill-fated beast, it will eventually die the tortured death of things that wanted to be but never could.

That death will most likely occur 10 to 15 years after the currency revaluation, so we need not worry too much about it right now.

A currency revaluation will also mean a downward revalue of the U.S. dollar, which has been the world’s primary reserve currency since 1944.  This will leave a geo-political and military hole in the world.  In fact, we are already seeing this vacuum being filled in by Russia, China, and the rest of the emerging economies.  Remember how suddenly the U.S. backed down on their Syria threats, and started making peace with Iran shortly after.  And there are rumors of secret negotiations with Cuba, Hezbollah, and even North Korea.

This rumored reset would have to be one of the most complicated and intricate systems ever attempted.  In fact, if one knows where to look, you can see this new system being created just underneath the surface of the old.  And like new flesh crawling upwards to cover the bones of the old, the economic reset will happen.  The monster will be given a new body and new life, if only temporarily.

Perhaps the I.M.F. just gave us a hint of what is too come.  Commodities may be a great place to transfer some wealth.  Especially into the very affordable Silver.       – JC

Link to the Economic Times of India article on todays announcement:

http://economictimes.indiatimes.com/news/international/business/imf-to-revise-upwards-global-growth-forecast-christine-lagarde/articleshow/28525415.cms

 

Judge Dale, Ret’d ~ Global Currency Reset And NDA Contract

http://shiftfrequency.com/judge-dale-global-currency-reset-and-nda-contract/

Guest Writer ShiftFrequency  November 25 2013

The Global Currency Reset may be a trap! So exercise good judgment.

At the outset of the Iraqi invasion, the World Bank and United Nations devalued the Iraqi Dinar based upon the petition of the US Attorney General. The Iraqi Dinar at that time was worth $3.22 USD. Today (November 25 2013) 1,000 dinars = 86 US cents or .86 USD.

Like many others I saw the potential for money to be made from the devaluation of the Iraqi dinar. This entailed investing in the foreign currency and waiting until it revalued. I then discovered that the Vietnam Dong had also been devalued during the Vietnam War, which was a long time ago. It never revalued.

I considered the fact the same situation could repeat itself regarding the Iraqi Dinar. I decided to take the gamble and invested a small amount in both currencies. I was tempted at times to invest more but decided not to.

As time went by I discovered the devaluation of the Iraqi Dinar was planned by the Secretary of the Treasury and Vice President and had nothing to do with the invasion of Iraq. It was about the Military Industrial Complex making another killing on a foreign investment off the backs, lives and misfortune of the Iraqi people.

The average member of the world public was not supposed to know about or be able to see through this plan. The Currency Exchanges were glad to have the business and even offered incentives to tell a friend. Dinar gurus suddenly emerged on the scene, encouraging readers to invest and get rich overnight. Unknown at the time was the fact that most of these gurus were connected to or were themselves currency brokers.

For years I had been telling family and friends that the United States government had become infiltrated by communists during the Wilson Administration and the entire federal system is a foreign corporate fascist group masquerading as the US government. Unsurprisingly, these statements of mine were regarded by family and friends as both unpatriotic and “conspiracy theory.” So I went in search of evidence and this is what I found.

What’s Behind The Global Currency Reset

The global currency reset for the United States is within one penny of kicking in. When it does kick in any US citizen wishing to exchange foreign currency at a Federal Reserve Bank, currency broker or currency exchange must agree to sign a 9-page Non-Disclosure Agreement (NDA). The NDA is a contract you are required to sign with this fascist corporate government to not disclose where your new-found wealth originated. This appears harmless enough except for the fact that the NDA is a contract signed under duress. Why duress? You do not have a choice to accept or not accept this contract. The corporate government is hoping that greed will cause you to accept its NDA, no questions asked.

You might think to yourself “They can’t do that. It’s unconstitutional” True enough. However as a US citizen and defined by law as an entity – a corporation – your corporate personhood has no rights except those granted to you by the government.

Some Background

The US Government is a private foreign corporation. Its existence is hidden behind the very Constitution that grants you the right to contract with whomever you choose. The NDA is a contract. The US corporate government requirement that you sign an NDA takes your contractual obligation to a whole new level. How does it do so? If you violate any provision of this particular NDA you will be arrested as a domestic terrorist under the National Security Act. This, in turn, alters what was formerly a civil contract into one that incorporates grave and serious criminal penalties.

You might be wondering who in their right mind would agree to sign such a contract? Well it turns out if you refuse to sign the NDA you will be denied your opportunity to exchange currencies at preferred rates, and you have only 30 days from receipt of the NDA to decide whether you wish to sign on the dotted line.

What isn’t stated is the 30-day limit is far more important to them than it is for the investor holding the dinar. The banks and US corporate government have major foreign oil contracts to fulfill, contracts they can no longer fulfill with the USD. They need your dinar to purchase oil now that Europe and other major trading partners are refusing to accept the fiat-based, ponzi-style USD.

Currency Exchanges

A currency exchange is traditionally a barter (equivalent value changing hands between private parties) and thus it is a non-taxable matter. However, this NDA contract requires you to agree to pay a Capital Gains Tax that has yet to be established. I’m hearing 10% but what happens if it turns out to be 50%? The currency brokers and wealth managers associated with the Federal Reserve banking establishment are recommending that you set aside 50% of your assets to cover taxes.

What do they know that we don’t?

The same NDA contract also requires that you agree to comply with any and all current and future laws during the next ten years, enacted by the corporate United States Government. This makes the NDA a noose placed around the signatory’s neck, then gradually tightened.

If you exchange your currency at a Federal Reserve bank you will only be allowed to exchange the equivalent of $10,000 in cash. You will be required to open one of the following:

  • checking account
  • savings account
  • trust account or
  • brokerage account

You will be forced to deposit the remainder of your assets into one of these accounts.

The corporate US Congress modified the US Banking laws this year to specify that all accounts – deposits, trusts, IRAs and safe deposit boxes – belong to the Federal Reserve bank. This means that once you execute a deposit you surrender all ownership of that deposit to the bank.  Should this foreign, privately-owned Federal Reserve system suddenly declare bankruptcy, all of your assets entrusted to them become their property. Within the fine print of all the banking accounts you own and/or open you will find the stipulation that the financial institution can use your assets to pay off the national debt, a debt that was never yours to begin with.

If you’re thinking the FDIC will reimburse you up to $250,000 on each account, think again. The FDIC filed bankruptcy in 2006 due to the swarm of bank failures that year, with claims against it in the trillions. The FDIC is done. Finished. It can never be revived without paying off those outstanding claims. I’m willing to bet your bank or wealth manager never informed you of that fact.

Your Money Is No Longer Under Your Control

Here is another “catch 22.” You cannot gift or wire any amount greater than $4,999.99 to a family member or friend without the Department of Homeland Security reviewing the check or wire transfer to investigate the origin of the money. Since you signed the NDA contract you cannot talk about the source of your money with anybody, even DHS. All of a sudden you’re turned into a suspect involved in a potentially unlawful financial activity.  Your gift will be confiscated unless you indicate Source Of Funds and if you do reveal the source you will have violated the NDA. This, in turn, can create the circumstance in which you are arrested as a domestic terrorist under the National Security Act.

The financial oligarchs may not be playing with the full deck but the cards they’re holding of a certainty belong to a stacked deck.

The Game Is Rigged

Did you know that Americans are now prohibited from transferring any assets out of the corporate United States without clearance from the Department of Homeland Security?  The reason for this crackdown has to do with the approximately four to 5,000 wealthy US Citizens who surrender their US Citizenship annually, transfer their assets and immigrate to another country. The government’s intent is to regulate the movement of money over national borders.

This is what is meant by the axiom “Finding yourself between a rock and a hard place.”

The Iraqi dinar currency exchange and its accompanying NDA is clearly a trap. The corporate US government is banking on the fact that you will agree to their terms in order to profit from your investment. However, if you make any financial moves in excess of $4,999 you will run afoul of DHS disclosure regulations. Given your signature on the NDA you won’t be able to disclose Source Of Funds and will likely end up in prison. How’s THAT for a rigged game?

One Legal Maneuver Is Still Available To Those Who Can Afford It

The only legal alternative that comes to mind that you can use to counter this madness is to purchase your freedom via Diplomatic Immunity. This relieves you of the burden of having to sign the NDA contract. I am certain that Diplomatic Immunity is still available to all and is honored in 90 plus countries. You will need to make this move carefully, however, as it is quite expensive to set up a Legal Expense (numbered) account with your bank or broker.

Given the costs involved in setting up a Legal Expense account (~$800,000+ USD) this likely will not work for the small investor. However, the fact remains there is no need for anyone to rush in to exchange anything. This 30-day limit is simply another fraud. They, the US Military Complex, need your dinar within 30 days to pay their oil contracts. If anything, at the end of the 30 days, the exchange rate will likely go higher due to the lack of confidence in the USD abroad.

I have a feeling (one I admit may be just a pipe-dream) that all this corruption enslaving humanity for millenia will be coming to an abrupt end in the near future. Once that happens our liberty as a species will be restored.

Blessings, Judge Dale

http://shiftfrequency.com/judge-dale-global-currency-reset-and-nda-contract/