Tag Archives: gcr

A little clarity for the “subject”

 

Occasnl Trvlr says:

“Level Playing Field” & “Debt Jubilee”

Considering the temporal realm, what does “wealth” consist of?  For anyone answering something like “lots of cash,” or “money in the bank,” thanks for playing, and you get no consolation prize.  I doubt that very few, if any, readers of WHA’s blog would have given such an answer;  we see through the false promises of fiat currency.

Gold, silver, energy (oil and gas), farmland, real estate, water rights, mineral ores, machinery, patents;  these are better measures of, and stores of, actual (temporal) wealth.

Let’s look at gold as an example.  (I’m going to play a little fast and loose with the numbers, but they’ll be close enough to make the point.)  The amount of gold known to have come from the Earth is somewhere in the neighborhood of 150,000 tonnes.  So let’s start with that, throw in the 170,500 tonnes that Karen Hudes talks about, and then just for fun, let’s throw in another 50,000 tonnes.  That would give us a wholly-unprovable, generously-high, world-wide estimate of a total of 370,500 tonnes.

Now, let’s level the playing field.  Given the estimate of some 7.2 billion of us on Earth, we each end up with about 1 and 2/3′s troy ounces of gold.  I would be delighted to receive 1 and 2/3′s ounces of gold;  it is nothing to sneeze at.  But I daresay, I don’t see that as a life-changing windfall for most people living in the developed economies.

The same is true of any measure of actual wealth or value:  all of it (including generous estimates of any hidden wealth), spread out throughout a truly level playing-field, doesn’t add up to a life-changing windfall for anyone except the world’s desperately poor.  And, remember, for such a theoretical exercise as I did above, the assets aren’t added to what each person already owns;  everyone who owns anything loses everything first, so that everything can be evenly redistributed.

Want to go a step further, and disannul all debts through a debt jubilee?  Keep in mind, in this cursed fiat-currency world we live in, every unit of currency that is anyone’s asset is someone else’s liability.  Any “money” anyone has saved in a pension, IRA, bank account, savings for education, or stuffed in the mattress, instantly becomes worthless.  It’s axiomatic, currency cannot exist without debt:  relieving everyone of their debt would dissolve the underlying obligation behind every existing unit of currency.

Thinking that a “level playing field” or a “debt jubilee” is in order?  Everyone should be fully aware of what they are hoping for.

Thank you, WHA, for the blog!

The New Exchange Rate System

M1 Money Supply and Inflation

By JC Collins

Dong to Dollar

Purchasing Power Parity and Arbitrage are two terms that everyone should make themselves aware off as the world’s economy moves closer toward a centralized SDR trade system through the International Monetary Fund with accounts balanced by the Bank for International Settlements.

Purchasing Power Parity is the balance between exchange rates when there is also balance in the domestic purchasing power of the currencies.

 

Arbitrage is taking advantage of the price imbalances between markets and profiting from the market differentials.

Arbitrage cannot exist alongside Purchasing Power Parity.

M1 money supply refers to physical currency as well as checking account deposits.

For your reference, M2 money is M1 money plus savings accounts and money market accounts.

And M3 money is M2 money plus large deposits and other long term large deposits, such as larger liquid assets as well as short term repurchase agreements.

Keep these terms in mind as we further define the structure and mechanisms of the emerging multilateral system.

As an extension to the SDR’s and the New Bretton Woods series, let us discuss a much talked about and confusing aspect of the system.  When the currencies of the world are released from their peg to the dollar and pegged to the SDR supra-sovereign currency which we have been reviewing, there will in fact be a new exchange rate structure.

What this structure will be has not yet been made available to the general population.  All the talk of specific exchange rates and timing of release of the rates are not founded in facts or accurate information.

And on the flip side of that there are those who are stating that a Global Currency Reset is a conspiracy theory.  To these people those that proclaim such a future “event” apparently do not understand the micro and macro of economic fundamentals or how exchange rates and money supply truly work.

Their argument appears very logical on the surface.  As a country increases its money supply through debt creation and currency printing, the value of that currency decreases.  More money in circulation means more devaluation of that currency, basic supply and demand principles.  So how can a currency revalue upward when there is so much of it in circulation?  Makes sense right?  Wrong.

If the key performance indicators (KPI) of any countries M1 money supply were that elementary, then we would live in a much simpler world.  We can make many examples of why this isn’t the case but none is more obvious than that of the U.S. dollar itself.

If more money in circulation meant a decrease in the value of that currency on the exchange rate market, then the dollar would be almost worthless today, much like the dong and other currencies.  More U.S. debt (money creation) has been added in the last 6 years than the entire history of the U.S. itself, from George Washington to George W. Bush.  Yet the dollar’s exchange rate has maintained itself within a small range of fluctuation.  The reason that the dollar has maintained this exchange rate over the years tells us that there are other KPI’s which need to be factored into the equation when measuring a countries exchange rate and inflation level, outside of direct manipulation of course.

Some of these indirect KPI’s are imports and exports.   And there is no direct relationship between M1 money supply increases and inflation.

Final_Shifted_M1_and_CPI

Since 1944 the U.S. dollar has been the reserve currency which means that international trade imbalances have been settled in dollars.  This forced other countries of the world to hold dollars which allowed the U.S. to export the majority of its inflation.

As the U.S. printed more money, expanding its M1 money supply, the inflation which should have settled domestically was in fact exported to the very same markets that were forced to hold a reserve of U.S. dollars in order to balance their trade accounts.

As we reviewed in “Why the Vietnamese Dong Will Reset”, the State Bank of Vietnam was indirectly forced into devaluing their currency in order to attract trade and also be a dumping ground for U.S. inflation as the Vietnamese people used the dollar instead of the dong in their everyday lives.

As the new centralized system of SDR allocation emerges between now and 2018 we will see less U.S. dollars in the foreign reserves of other countries.  As an example, in the last 5 years Vietnam has decreased their dollar holdings by almost 50% and at the same time have increased their gold holdings dramatically.  Interestingly enough, their SDR holdings also increased by a factor of more than 400%.

The question of what Vietnam will do with the trillions of dong that are now in circulation is a legitimate question.  When the exchange rate of the dong adjusts to reflect the economic reality within the country, these trillions of dong cannot be in circulation, as it would create an M1 money supply that is disproportionate to the actual economic weights used for the SDR composition.

Therein lays the solution to the problem.

Keeping with our pattern theme of transitions from micro to macro states, we start with the process of the dollar, the world’s reserve currency, being printed and exported to the central banks of the world to facilitate trade.  The inflation and exchange rate decreases that would be logically associated with this increase in the M1 money supply is hidden or sunk into the markets of the emerging economies.

As the world shifts towards the SDR system we will see a similar process unfold.  In essence, Vietnam will export their inflation (current M1 money supply) into the SDR bond system just like the United States has been exporting its inflation into emerging markets and countries like Vietnam through trade imbalances.  What we will see is Vietnam slowly begin to buy back the dong in circulation and re-capitalize it through the SDR bonds.

Once a predetermined level has been achieved the rest of the dong M1 money supply will remain in circulation and be pegged to the multilateral SDR and not the U.S. dollar.  In fact we are beginning to see this process unfold already in the numbers we presented above.  This slow trickle will eventually become a stampede out of dollars and into SDR’s.  It will be the same for every country.

The U.S. debt will also be rolled into SDR’s and factor into the overall economic weight of that country’s SDR composition.  This is where the substitution account we referenced in Part 6 of the SDR series becomes invaluable.  This substitution account will act as a transition market for dollars to SDR’s to ensure that current holders of U.S. debt do not see that asset value decrease dramatically as the system shifts.  China will utilize this substitution account just as much as the United States Treasury and Federal Reserve.

China will not be dumping dollars.  They will transition the dollar debt which they hold into SDR’s through this substitution account.  The one aspect that is holding the process up right now in the American Congress (2010 Code of Reforms) is how this dollar to SDR transition will factor into China’s overall SDR composition for the renminbi.

This is one of the hardest aspects of this new system to understand, which is why it is still being negotiated.  It would do us well to spend more time in the future exploring the different angles involved in the Great Consolidation aspect of the Global Currency Reset.  One cannot exist without the other.  It has been intentionally designed this way.

Most don’t know this, but the Syrian pound is already pegged to the SDR, and has been for about 5 years.  One can only speculate if this has something to do with the civil war in the country.

What some analysts don’t factor into their equations is how much the economic system of the world will change, and is changing, as we move towards the multilateral monetary system with all the currencies of the world pegged to the SDR.  For those who doubt the reality of this new system, the volume of information that has been available and is coming available would seem to prove its existence.

The new system will create Purchasing Power Parity and at the same time eliminate Arbitrage.  Arbitrage is one of the economic weapons that the small rent seeking elite use to transfer wealth from the larger disorganized masses.  The M1 money supply will most likely also be redesigned to more accurately measure the weights of the new SDR system.     – JC Collins

Click the link to see all great comments:

http://philosophyofmetrics.com/2014/02/19/the-new-exchange-rate-system/#more-209

FACT CHECK #97

Posted on February 10, 2014 by 14 Comments

 

Greetings, To All Of You!

The last two years have seen  information of a different character from ages past. Those who are in the trenches have come forward  to provide highly accurate pieces of information to be shared with those interested in reading it. This contrasts with information found in prior years that was from just about anyone and contained just about anything. All these years later we can look back and conclude that although many had their heart in the right place, there just was not a reliable way to cross check and verify the source. So, the information was just labeled as “from a source”.

This is certainly okay to come up with material for a blog, but leaves something to be desired in the accuracy department. Hence, for over a decade, we saw nothing come of the “updates” regarding the events germane to our discourse.

Well, as you have seen over the past several months, various analysts both inside and outside of the communication channels that GCR/WGS aficionados frequent, have seen converging news items pointing to the factual nature of a Global Currency Reset heading our way.  This was not the case, in terms of frequency of reporting, just six months ago. A few years ago, if you mentioned that we were going back to a metals backed US Dollar, you would have been called a psycho. As many of you know now, there is ample evidence from people with considerable credentials that it would be psycho to NOT believe it.

We are in a whole new ballgame now. We owe this to those who are working hard behind the scenes. It has nothing to do with me. I just wanted to make sure we had a conduit, no mater how slim, to someone with the truth, and could withstand scrutiny. Well, we have that with out WH contact, and I have done my best to see that the information in our Fact Check posts was accurate to a WH standard. It is the WHs who deserve your thanks for this. Don’t forget that.

Now, onto the business at hand.

The last 24 hours have been a frenzy. Out of that frenzy came this information, found at OneWorldofNations blog:

“Major moves on RV behind the scenes. Watch and see. It has now bypassed O for decisions. With or without him, it’s going forward. He still thinks he’s the real President? Lol. Well a Pig did fly.”

This information was confirmed by our generous WH contact as being true.

Now, contrast that with other blogs which posted the following in the last 24 hours:

“OBAMA finally signed off on the RV Sunday Evening at 6:00 pm in Reno Time. This signoff tardiness cancelled [sic]the announcements scheduled for Sunday.”

Well, I hope you can appreciate the difference here. One cannot sign off and be bypassed for that signature at the same time. If he signed off, then he obviously wasn’t bypassed. If he was bypassed, he wasn’t needed to sign off. Holy mackerel!  Imagine the power behind a process that can render a Presidential signature irrelevant when the whole world is about the change!

So, I leave it to you to decide which of the two scenarios probably played out. I wanted to show you a good example of what having the correct information can mean in forming an accurate picture of what is truly transpiring and just who is for the change, and who is not.

REMEMBER: Just cash in. Take the rate you see and run.

More to follow as needed.

Thank you all for your support. We are an all volunteer effort, and exist to make sure you have the most accurate, up to date information that we can bring, courtesy of your friendly neighborhood White Hat. 

For the first time in years I am feeling extremely optimistic about this world changing event. Even a very close friend of mine, whose son is a VP with a Deutsche Bank subsidiary, and is the equivalent of a human grumpy cat, admitted that there is talk of a “reset” in their office. He hated to admit it, but he did.

No word if he has jumped yet. 

Ha!

More when needed.

WHA

FACT CHECK #96

Posted on February 5, 2014 by 14 Comments

 

Hello,

Thank you all for your continued readership and kind words.

We are read in 122 countries, with almost 200,000 visits to date. This blog is not selling anything, so those numbers may be pathetic to some of you internet marketing experts. And truth be told, we never will suddenly convert to a private domain with Dinar banners and affiliate marketing links. If we should, then I invite you all to stop reading, because that is not the focus of this blog and never will be. We are here to support the White Hats, and only for that reason. When this matter is concluded we will briefly stay around to assist with exchanging information and such, but there will be no profit motive attached to this blog now or ever.

Now, the issue at hand.

Today I spoke to my White Hat contact who has been nice enough to accept my calls for the past few years. When the call was completed, I felt that I had just been sucked into a 747 jet engine and spit out the back end, still alive, but with a new found respect for jet engines. Do you understand? My analogy is meant to impart to you something to keep in mind. Don’t always think that the world is as it appears to be, especially when you are about to experience an event that will most likely be the centerpiece of history for the rest of your lives.

I presented several questions that were the most asked on the blog. Here is a summary of those questions and the answers. The answers have been cleared by my contact for your consideration and may not be inclusive of all the information that is available, but not publishable for reasons of discretion related to what is transpiring at this late hour.

1) Is the recent announcement by several congressmen, that they will not seek re-election, related to the sting operation that Mr. Hodges referred to in his update in December, 2013?

Yes. Be advised – the real reasons for their departures will not be published in the press, or otherwise revealed.

I was told to leave it at that.

2)  Will we see the FRN and the TRN circulate in the USA at the same time after the GCR? 

There will be no way to avoid it. The TRN will stay and the FRNs will slowly be removed from circulation over time as they are flushed out of the system.

3)  Will there be an announcement by someone, such as the President of the US or other lofty bureaucrat that the GCR has happened? 

The precise details of how this will be done are not known, but an announcement will have to be done. So, yes. There will be an announcement.

4) The recent written opinions on the PhilosophyofMetrics blog imparted that the GCR was somehow meant to deprive all nations of the their sovereignty and place such sovereignty into the banker’s control, is this true?

No, not true, and the inference that the White Hats were working towards such a nefarious end, by releasing the GCR, was not appreciated. National sovereignty is going to be kept intact, and it will be up to the people of each nation to hold their leaders accountable if they are not in agreement with how things are running. I was also told, with respect to bankers flying off of rooftops, that it was not happening because they were  having flashbacks based on all the LSD they took in the 60′s and 70′s. Imagine why someone would suddenly fling themselves off of a bank building. Just think up some reasons. You are probably right.

I cannot say  more.

5)  Is the US Congress holding up the RV because they cannot come to an agreement with the IMF over recent proposals for quotas regulations?

Direct answer FROM A WHITE HAT: Congress cannot even figure out how to get out of their own way. They have NOTHING to do with this event.

6)  What are the reasons for your advice for people to immediately “cash in” their dinar/dong?

     Remember, this is going to be a windfall – akin to a lottery winning, NOT AN INVESTMENT. You would not put a winning lottery ticket in a drawer and hope it increases in value. You would cash it in. Do not let your gambler mentality get the best of you. Cash it in, don’t look back, and head to your nearest qualified, reputable financial adviser and thank God you found this blog.

There are many reasons, too numerous, too complex and too divergent to give you a single reason for this suggestion. Even John from OneWorldOfNations may not be entirely incorrect with his reasons that the dinar may not be the ticket to wealth for all that think it will. Take the hint, and just act as quickly as you can, and don’t try to figure out why. Just cash in. That should be your new slogan. “JUST CASH IN”.

7)  Will currencies be regulated to within 5% of each other after the GCR?  

The powers that be could certainly do so, but it is unknown if they plan on such.

8)  Will the FRN devalue over time or immediately after the GCR?

      Over time. The precise rate of devaluation is unknown.

9) Is Neil Keenan seriously dealing with Chinese Elders?

Neil Keenan is not dealing with Chinese elders of any significance.

And, finally, yes.  Yes, things are progressing, and it was told to me that the event is going to happen, again, this year,  and as soon as they can push the button, they will. Yes, I did ask about Hong Kong, and, you guessed it, it’s not a topic for discussion.

With that, I am going to call it a day. Like all of you, I am anxious for this matter to conclude. I know it is in the right hands; in the hands of those who are wanting to do the right thing for our country and our world. Continue to conduct yourselves with dignity and remain on alert for things to transpire. Stay away from guru advice and just let things fall into place as they happen.

In closing, my contact called my attention to an interesting fact. We have a country of 335,000,000 people who are being herded by 1000 beltway bureaucrats. How is this possible? It’s possible because too many of us do not hold them accountable and we continue to re-elect those who are not representing our interests.

When was the last time you told your representative that you do not want a drone flying over your house taking pictures of you in your hot tub, or having TSA perverts feeling up your wife or looking at her with a scanner? Start making yourself heard, because your rights will not be pressed by themselves.

Thank you, again,

WHA

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.”

============================================================================

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/

 

FACT CHECK #89

 

 

FACT CHECK #89

Greetings! 

Today I had the rare pleasure to speak to our informed source. Actually, it would be better to refer to him as THE source, but some modesty is in order. After all, this endeavor is not about any one man, or even about this blog, which is just a humble endeavor to answer the call from the White Hats to spread accurate information about the coming changes. We take no credit for any of this. None. We just talk to the right people and then report here what we can  so you can stay informed with confidence.

A lot was discussed. I cannot disclose it all, but I can reveal the following. Take this information as from the top, without any doubts. 

Tomorrow, a key meeting is taking place to finalize the GCR and all subsequent events that are peripheral thereto. There is a reason we have not seen an “RV”. It’s simply because they have not gotten to that point yet. There is no reason to listen to guru’s who tell you, “Well, it was supposed to have happened, but we don’t know why, people are mad, etc.”. The reason IS known. It is simply that the process just has not gone through the last stage where agreements are signed.

When the agreements are finalized then payments to the first tier are to be done. This places funds into the hands of those responsible for disbursement. This then signals the world that all can now proceed. Another meeting will then be set in Hong Kong to put the finishing touches on the paperwork.  Then you will see your “RV”, the GCR, prosperity programs, etc. set loose, at a subsequent date, as has been described over and over in the past. 

Now, many of you have been waiting to hear clarification about posts made on another blog that claimed that the IMF was going to take steps to see that people would not reap the benefits from holding dinar and dong. We thought this was a queer statement to make since it was earlier claimed by the same people that the RV was just not going to happen for these “people” in the first place. If it was not supposed to happen in the first place, then why have to take steps to stop it? The answer to this issue is this: No such steps will be taken against people with dong or dinar. 

Next, from this informed source, a warning. When you see the revalue of your dong or dinar, take immediate steps to exchange it, and don’t look back. Do NOT hold on to it and hope for a better rate. Take the rate as it is released.

The new US currency will be metals backed. They will be known as Treasury Reserve Notes. These are what you will receive when you exchange your dinar and dong, receive your prosperity package (if you are in a program), etc.

The USA is going to have to suffer through these changes. There will be a price to pay to get to the promise land in terms of dollar devaluation. Prepare. Don’t take those words lightly. Prepare. Stock food, water, means of protection.

The update from Mr. Hodges was “right on the money”, according to my White Hat contact. Mr. Hodges stated, in essence, that we are pretty much there, and in relative terms, we are. It didn’t fall into place on the 1st, but from what I was told, that is just picking gnat turds out of pepper. Just hold on a bit longer and let these fine people do their work. 

The information from Dr. Willie was extremely accurate. Consider Dr. Willie as a vital source for advice on what is coming and how to protect yourself. Dr. Willie’s warning on dollar devaluation was accurate, as written earlier.

As for a rate for the dinar and dong, I did not even ask because this ground is well trod and no matter what is said now, nobody can guarantee that you will get such rates on that day. So, I think it is best to just wait for it to happen, and then act without delay in exchanging your funds and shoring up your fortress for what may follow. Don’t be obsessed with rates. You cannot do anything to change them. Just wait for the rate, and then you will know what it will be. I know that is very Nancy Pelosi-ish, but in this case, it’s a prudent tactic for your peace of mind. 

Well, at this time I think I have done what I could. I could have asked other key questions, but why bother? We are so very close that we should just wait a little longer and let the process proceed by which all answers will be given by the events themselves. What better answers to have than the process itself, unfolding and revealing every detail in real time! 

Let me say that the magnitude of who I spoke to today hit me hard for the first time. I had to stop and realize who this person was and who they were meeting with tomorrow. You would all recognize the name, but I cannot reveal it.  

Just remember that what you are reading about is going to happen. Be ready. Wait for further information and then act as necessary. 

2014 is going to be one for the books.  

WHA

P.S.  This was posted from Mr Hodges on a CMKX forum a few hours ago. I share it here just to be in the moment:

QuotePost by alch11 on 2 hours ago

Thank you one and all. The unwavering support of you folks, and many others too numerous to mention, over the years means [and has meant] a great deal to me personally. I know as well, the very significant positive impact it has had on many of the fence-sitters and doubters. I thank you from the bottom of my heart. Blessings to each and every one of you. 

When we all get to Las Vegas, the drinks are on me! Please come and lift your glass in celebration of what we have achieved.

PS. ZAP seems to think sometime next week, so make your plans accordingly.

Update from Attorney Al Hodges, regarding CMKX, The WGS, GCR, etc:

 

Source at the bottom:

 

Hodges and Associates – 12/25/13 “THE IMPOSSIBLE DREAM”

FIGHTING THE IMPOSSIBLE DREAM

To dream … the impossible dream … To fight … the unbeatable foe … To bear … with unbearable sorrow … To run … where the brave dare not go … To right … the unrightable wrong … To love … pure and chaste from afar … To try … when your arms are too weary … To reach … the unreachable star … This is my quest, to follow that star … No matter how hopeless, no matter how far … To fight for the right, without question or pause … To be willing to march into Hell, for a Heavenly cause …

That is the real reason I became counsel for seven brave travelers of similar mind and spirit some five plus years ago. I was frustrated by all the B.S. continually being fed to the CMKM Diamonds Inc. shareholders, I was confused by the fact that no one appeared to ‘be in charge,’ and I was perplexed by so many years having already passed since I had been told by the “founders” that “…. it will all be history within no more than a year.” I was simply overcome with a compulsion to get to the bottom of what was taking place with my not insubstantial investment in this public company, CMKX. Accordingly, because I then enjoyed the luxury of time and resources, I dove in head first and was soon consumed on a full time basis with pursuing the answer to my quest; I can assure you all that it seemed at that point to be an impossible dream.

I did not begin this quest out of a sense of arrogance, power madness, or other such motive; I began this quest because of the vacuum that existed. After some reflection I began to appreciate that I might be the only substantial shareholder with the proper mix of professional skill, investigative skill, intellectual impetus and stimulus, and where-with-all to pursue it. I do not intend to recite here the efforts and travails of the intervening years; some have already been published – the rest will have to await another time.

What I do wish to discuss in this message is some of the reasons for the extremely protracted delay in achieving resolution. In that regard, please understand that circumstance still constrains what I can relate and what must remain, at least for the moment, hidden. To repeat myself again, “…I have previously stated, we have confronted, with added pressure from the ‘lien-holders,’ the vilest, most contemptible, well financed forces for evil on the planet – and we have won!” As I have previously stated, some many months later, that must seem to have been an idle boast. However, it does reflect the mighty struggle that has been raging in the shadows.

The essence of the delay relates directly to the relatively small role CMKX has played in this developing correction. I use those words specifically, and intentionally, to convey what this has been all about. It has not only been about Wall Street, or financial corruption, or fiat currency, or political corruption, or concentration of all the world’s resources in the hands of a few such that the rest of the population become slaves, or the allowance by the American public of having their Constitutional Republic craftily usurped and replaced with a Corporation, or any combination of such ‘horribles;’ it has rather been about all of these things and more. It has been about the US of A and every other civilization on this planet; it has been about returning the US of A to its rightful intended form of government; it has been about crafting a successful and transparent global financial system based on real values; it has been about agreeing with all of our neighbors to a system of trade balance such that the playing field is equally available to all and represents fairness to each; it has been about allowing the world’s resources, both natural and financial to be equitably allocated among all civilized nations; and, it has been about preparing the world for the future.

You’ve heard me state repeatedly that we’ve won; in the face of that you wonder all these many months later why I would lie to you and/or misrepresent the state of affairs. Indeed, I would not do so under any circumstance of which I can conceive, so, let me be perfectly clear: we won the battle over CMKX and our right to be compensated for those wrongs perpetrated against us . I did not mean to suggest when making that statement that the battle was over – if some were left with that impression, I apologize for the inadequacy of my expression. I tried repeatedly to make clear that the battle raged on, and would so continue, until such time as we had received ER. ER was then defined on multiple occasions as receipt by another of my clients of the BASEL approved funds due to be paid to him for the express purpose of conducting the US Dollar Refunding Project, a part of the World Global Settlements (WGS), as is the Global Currency Reset (GCR).

As I have set forth in essentially every legal document and every CMKX Update, achieving ER was a sina qua non to the CMKX shareholders being paid; the reason is a simple one – THAT’S THE WAY THE ENTIRE GAME PLAN WAS STRUCTURED. The fact that the game plan was set up that way became a great stimulus to me to get involved with the WGS and GCR; it simply became the only means available to ‘hurry up’ the CMKX pay-out. No one insisted I become involved and no one has paid me to be involved; however, I have picked up several new clients along the road, and I hope to assist them in their socially responsible efforts after these WGS/GCR programs become realized.

I tried originally to focus the attention of the shareholders on receipt of ER because I had received advice that such receipt would not only be public, but in fact would be the last item completed on the G-20 approved BASEL List of items to be accomplished necessary to support the World Global Settlements and the Global Currency Reset. Accordingly, I concluded, based upon all the information I had discovered, that the CMKX ‘packages’ would be delivered right after the receipt of ER, mostly as a result of the mandate that CMKX moneys be paid out in asset-backed currency. However, the miscreants came to the very same conclusion and have focused intensely on preventing Economic Receipt by any and all means possible.

Their efforts have involved literally every means possible; if you can conceive of it, it is a method/approach the cabal has taken advantage of and utilized. To counteract such behavior, the “sting” approach has been utilized frequently and repeatedly by the ‘good guys.’ The most recent example of this concerns the expected RV of the Iraqi Dinar [IQD] currency, part of the Global Currency Reset. Because of their high exalted status, many Congressional seat holders and other D.C. ‘bigwigs’ were originally allowed to convert their IQD holdings to Bank SKR’s, or Safe Keeping Receipts; these were originally done at various rates of expected exchange value which was in most cases substantially below the rumored $32.00 rate. These same people were recently [w/i the last six weeks] given the opportunity to convert these SKR’s to GFR’s, or Guaranteed Fund Receipts; at that same time they were generally provided approximately 10% of the GFR value in cash equivalents with the express promise that said cash would not be utilized to purchase more IQD. We are currently advised that many thousands violated such proscription almost immediately. Some of these people will be resigning their offices and some others will undoubtedly be prosecuted. Use of these continuing “sting” operations has helped to weed out those who continue to support the cabal and accede to their instructions; most of the other ‘miscreants’ have been arrested one or more times [Timothy Geithner for example has been arrested more than four times] and currently face prosecution in the near future.

The cabal is finished! Most of the high-level and medium-level people, both in and out of government, have by now either been “stung” or arrested, and now face some combination of disgrace, loss of financial advantage, loss of position of power, loss of official office, and/or near term prosecution. In my opinion, having closely monitored the events as they occurred, we have reached the position of imminent conclusion. Although it is very difficult to appreciate the length of time this has taken, I can now accept that the acts involved were necessary to accomplish the goals sought. As a result of this opinion and now having a fuller understanding of both the goals, and the accomplishments to date, I will once again stick my neck out to advise you all that your journey is all but over.

It is my opinion, based not only on what I am told each day by those at the top of the new powers that be, but more importantly on the status of the imminent Global Currency Reset. Its status is important because it cannot become a public fait accompli without the US Treasury becoming a hard-metal asset backed issuer of US currency. Accordingly, when you publicly see the Global Currency Reset you will know that we have an asset backed currency, and you will know that we have received ER. Every indication from every credible source is that the Reset will become public today, tomorrow, the next day, or certainly by January 1, 2014.

I cannot guarantee this of course, but it does represent my best opinion based on all available information. I can absolutely assure you that the wonder of what you are so soon to experience – REALITY – will mightily blow away any doubt, disbelief, bitter humor, or unhappy memories that recent experiences have encouraged and supported. As I have said in the past, “you will be paid a great deal more than any have the right to expect [based on the amount of [your] investment]. In addition, you will receive a payment for the unconscionable length of payment delay.”

Sincerely. Al Hodges

Ps. Let me take this opportunity to wish each and every one of you a very Merry Christmas, Happy New Year and Joyous Holiday Season.

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There you have it, folks.

One thing we can see is that the $32 rate for the dinar was not true outside of a sting environment as Mr Hodges confirmed  in this report. How incredible it was set up as a sting operation for insiders to “cash in” only to pay the price for further corruptions after the fact!

We are most happy that Mr Hodges feels the issue is just about concluded. His wishes are our wishes as well. Now, we just have to remain patient a little longer and let these honorable men conclude their work.

We wish to thank Mr. Hodges and all the White Hats for their continuing work and sacrifice on behalf of all nations that we can share the earths resources in equality and abundance so that all peoples may live to a higher standard free from the corruptions that have diminished our culture.

To our readers: Thank you for supporting our modest blog which was set up to answer the call of the White Hats that we participate and help spread the word. We look forward to the day when we can take this blog down and call it “mission accomplished!”.

Merry Christmas and a very Happy New Year to you all!

Sincerely,

The White Hats Auxiliary