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What does being a base currency mean exactly? .. By Mountain Goat!

 

Europe central bank

 

Editors note:  …  This incredible article, written by someone under the name “Mountain Goat”, was forwarded to me for possible inclusion on our site.  After reading it I knew it was one you all should read and pass on to everyone you know.  The Save America Foundation does not necessarily agree with the writer and as with all things financial recommend that you all do your research……….Fred Brownbill.

 

I am afraid this post may be a bit longer than usual so I hope you don’t fall asleep..lol… But I felt that at this point in time when most are getting discouraged I needed to again point out some history lessons to you. After all the future is full of the past!  I hope this helps.

I know that in the past Iraq has had several revaluations in the month of September so this seems to be an excellent month for them for this purpose. But I also have to tell you I know for a fact that the USA has been trying desperately to get this revaluation done and out to the public for exchange as quickly as they can. There are many reasons for this and its called Global Reset. But why is this so important and why now?  Remember no global reset without this revaluation of the Iraq dinar. This currency is the base currency for the rest. It is all linked together.

Any other currencies such as VND (Vietnamese Dong) , IDR,(Indian Depository receipt), WON (South Korean Wong) etc,, will be re-balanced in relation to the rest of the currencies too but are just normal revaluations (even though some might go a bit higher than normal). You can take these into any bank any time and exchange as you would any currency left over from you European vacation or foreign trips. Did you hear me…no rush, no 30 day time period. Do not put these funds from exchange in the same accounts used for Iraq dinar exchange funds. Keep them all separate. It is important.

So why is this revaluation so important?
What does being a base currency mean exactly?

First let me address why the IQD (Iraqi Dinar) revaluation is important
You have to know some facts in order to understand what is happening here now. Going back to 2010. When Iraq announced it finally formed its government (the term GOI – Government of India) we as investors began celebrating too because we thought the RV was very close at hand. This was a benchmark we knew would bring us our cash. But what happened? Why did it not RV in 2010?

It did not RV is 2010 for a couple main reasons:

1) Maliki decided he was not going to play along and be part of the process, instead he decided to take on dictatorship attitude. He refused to carry out agreements made that would share his power and actually complete the government. Instead of having an actual completed gov’t he seated over 3,000 positions at proxy positions. These were not appointments, elected officials that were reviewed and approved by the parliament, which makes them legal. So instead he basically stacked the deck in his political favor so he had allies all around him to support him, gain strength and do his dirty work for his future dictatorship plans. Yes he had some plans for Iraq but not what everyone thought….

2) In 2008 the USA experienced the economic impact of the mortgage crisis. Bad securities (backed by bad mortgage contracts) sold by the federal reserve to back our national debt. It took until 2010 to come up with some scheme and a way to try to resolve this crisis. All kinds of money was dumped into the banks to keep the liquidity and from them going insolvent (broke). This seemed to be a temporary solution since the money flowed out as soon as it was loaned to them. We all heard about this on the news. So where did all this money go? This did not work so a new plan was needed. This was now a global financial issue not isolated to the US banks.

3) New banking laws and structures were necessary in Iraq so they could operate with the international community in the future and this would take time to put into place.

4) There was also the issue about sanctions being lifted as a requirement for an RV and the question is still uncertain for many.  Would and could Iraq have RV’s without getting out of Chapter 7 sanctions?  Coupled with the Maliki game playing at the time it was very doubtful. Negotiations also with Kuwait were ongoing and not yet settled. No way!

So in reality in 2010 there never was going to be an RV, there was no plan for it and it was just a lot of hype and misunderstanding on the part of the “intel providers” at the time. This too is when many of the intel providers began their conference calls and continue to this day. But most importantly this is when many of you first invested.

So the plan to solve this now global economic problem was to seed large sums of Iraq dinar in the 3 zero notes of provisional currency in any bank that needed funds to meet the new liquidity requirements of the banking laws.
The problems with this strategy were:
a) this Iraq currency was almost now worthless – so how could it help?
b) if you are having liquidity issues now due to the economic collapse -  how do you pay for the dinar to be used as seed?

As evidenced in many mainstream news articles and financial news media we saw over the next 2 years 2011 – 2012 large sums of money (in the billions) being transferred around to different developed countries throughout the world. The USA too seeded much of the Iraq dinar especially in its reserve currency stockpiles. But the USA did not seed much in its banks like the other countries and there was a reason for that. Instead in the USA the banks expected to take in large sums of the dinar from depositors and convert to actual banks deposits on their balance sheets. This is actually better than having dinar reserves for liquidity. So who is going to exchange all this dinar to dollars and deposit it in the banks or in investments?  It is you and me that is who. We will make these seeds grow! So you see why this revaluation and the dinar is so important for the USA. Now lets look at the other countries too. So what happens to them when the dinar revalues? They too benefit since all their bank reserves get a huge boost in value overnight and thus bring them into liquidity requirements. They are now just on standby. The world awaits this IQD revaluation. Suddenly they (the IMF) will literally create all this wealth out of nothing..and I mean nothing. But the important part to remember is it is not really out of nothing since the new world order global Basel II laws say all currency now has to be asset backed. So the confidence level will be high that the currency values assigned actually have something tangible assets backing them.

Remember that paper currency is just an I.O.U. We forget this fact since we take it for granted and use it so freely each day. Do you know what an IOU is? An IOU (literally I-Owe-You) says that you owe me this amount of tangible asset ON DEMAND. You can create your own IOU simply by writing on a piece of paper what you promise to give the bearer of the paper in the future and sign it. A checking account check too is a personal IOU. Some people do it in poker games to back their chips..lol… It is illegal not to make good on an IOU. The government prints formal money for this purpose. It keeps commerce going and gives the general public a means to do the daily transactions with others instead of lugging around tangible assets all day long. Printed money makes it easy. It is getting now even easier since we are going to electronic banking where actual paper currency is not  used anymore. This is tricky and opens itself up to a another whole set of fraudulent and bad practices. This I believe will be the ultimate failure in the banking systems in the future if not tightly controlled. Remember what they are doing in this global reset is a huge band aid and is not the final solution. They hope it will lead to stability and with that confidence will build once again and money will flow like before. It will take time but business will never be as usual since banking rules have changed.

Oh wait a second….didn’t the USA have banking rules and regulations in place as a result of the great depression. What happened to all this regulation? Yes the USA did but many of the laws have since been watered down and/or appealed for the benefit of the very wealthy. We have seen this through the many administrations over the years. Is this all crooked? Yes it is and this too is part of the problem. Funny how everyone ranks on Obama for trying to turn the clock back. Not that I am or am not an Obama supporter. There must be a reason why so many high ranking Republicans do not want to go along with his policies. The global community (the operative word is global)  however did not have such stringent laws and rules in place. With globalization (you should be familiar with this term by now) money must now flow freely across borders. The whole financial climate changed since the 1930′s and it was time for a new set of major global reforms and banking laws. There was Basel one and this helped but now it was necessary for even more to tighten the rules with Basel two. The big question is -  will this be enough in the long term?  Read on…

Using the IQD as the base currency for Revaluation.
If you were in charge of coming up with one currency that could be used to gauge most developed nations  currencies values what would you use?  In the past it was the US dollar. It was stable and confidence was high that it was backed by something of value. After all was the USA not the riches country in the world? This in itself was part of the problem not the solution.  So they had to find something else for base currencies. Today they have many base currencies so the dependency on one nations economy does not bring the entire global structure to its knees. Personally I would use a currency that has real solid value and is easily backed by gold or another asset with very high liquidity (can turn to cash very quickly). The Iraq dinar was picked as one with its potential for large much needed quantities of oil (black gold) and other natural exploitation (gold, silver, boxite,  phosphorous, etc..).

So it’s Thursday – Where is the RV?
So you see nothing is coincidental. There is a plan. If you understand what I have said above you now know a bit of the plan. At least the part that directly impacts you. Only they are having issues not executing the plan to the final stages. The longer they wait (now not intentional) the more magnified the situation becomes.  Some say the technical issue(s) are just an excuse to delay this due to actions going on with security in Iraq?  I do not believe this for one second since I know better. I know personally people who are involved in getting the technical issues fixed, so this is real and happening. I can assure you. When this is fixed we will get our RV. Unless something changes I don’t see any more discussions about the rates.

What lurks behind the curtain?
We are hearing more and more issues coming out about the Vatican in Rome. Why is this all of a sudden?  Why did pope Benedict all of sudden step down? Why did they put a Jesuit Pope (Pope Francis) in his place? And a Roman Pope too (oops I meant to say an Italian Pope). I won’t even go into this in any detail but think about this – remember Rome is just not only the head of the Roman Catholic church. Why did Hitler in WWII hesitate to go into the Vatican? Remember too how the Roman Catholic Church was established and what governing power ruled the world when it was established?
What compromises and transfer of wealth was made at this time?
Then when control was turned over to the Roman Catholic church- how long did they rule the world? Where did all the great wealth of the Roman plunders go in it’s downfall?
That is all I will say about this. Its can get really interesting really fast. There is more to this global reset that meets the eye….much more…

I know this is a very long post already but let me address one more issue that I hear on lots of the conference calls. I think it needs to be put to bed once and for all since there still seems to be lots of confusion. I hope this helps.

Federal Reserve Notes (money) vs  US Treasury Notes (money)
Oh yes..you just knew this was coming…didn’t you? So to begin to distinguish let me say first that there is a plan to convert the USA over from the federal reserve currency to the US treasury currency. This plan was scheduled to begin in the fall of October 2013 butt may be delayed to early 2014.

Why are they doing this?
They are doing this because the confidence of the public is very low for the federal reserve currency is backed by anything. They want to rebuild confidence and since all countries are going now to an asset backed currency the US currency must now also be renewed in confidence too and new paper currency printed to back the assets on the USA list. They also need to add some new security features too. They are also planning a new North American Alliance currency in the near future too that will replace the Canadian, US and Mexican currencies. Like the Euro they say it will create yet more ease of commerce between these nations. Like this concept the bigger plan for the middle eastern countries too is to have one common dinar. They would be moving much more aggressively on this plan now but Egypt and Syria and roadblocks that need to be overcome. Iran now is in a state that might consider any notion of a getting a higher value to their currency. So what really happens when a nation gives up it currency to join a common alliance? Does it lose it autonomy, its sovereignty as a nation? Something to think about. Germany did not want to join the EU but was essentially forced into it and almost pulled out a few times. Germany is a very wealthy country and is one of the base currencies for the Euro. As a base currency it is a donor nation and was picked to give many large donations to keep other EU nations a float until this global currency reset is kicked off. It hopes in the long run to receive much of these funds back.

The problem most dinaran callers seem to have is how will this be done as it relates to the Iraq dinar exchange. We have heard some bank stories. Let me say this - don’t put the cart before the horse it will never work!  Don’t panic either. Slow down and think about what I am now presenting here. Since this, I believe, is the root of the all the confusion.

First let me tell you that any wrinkled, torn or old faded currency now in circulation is already turned back into the US treasury for replacement. They print the money today and replace it. How do they do this? There is a system already set up so that the your local banks take in this old money and return it to the federal reserve system for replacement. It is a simple trade – old for new. This is exactly how they intend to do the switch from the old federal reserve notes to the new US treasury notes as far as the consumer is concerned. It will be a gradual process like they always do to replace the old bills. Slowly they will introduce the different denominations into circulation. If you don’t pay attention you would not even see any difference or know they were doing this.

Also remember banks don’t typically have lots of cash at hand. If you ever need more than a couple thousand dollars in cash you should make a special request from your bank so they can order the money from one of the main branches of the Federal Reserve bank. They will have a stack of nice fresh, crisp bills waiting for you when you arrive. Be careful though in that anything over $10,000 gets tracked special by homeland security for money laundering and terrorism. They have done for years now and this is not anything new. This is for your protection. Take a few minutes now to poke around this web site and see how the federal reserve system now works. The new structure will not be much different. It will probably even have some of the same people employed. See if this makes any sense.
http://www.federalreserveeducation.org/about-the-fed/structure-and-functions/

So now the juicy part.
The US treasury has decided that part of the implementation of rolling out the conversion from the Federal Reserve to the US Treasury is going to happen when you exchange your dinar at the bank.
They will track all US dollars from proceeds from the Iraq dinar exchange in US treasury notes electronically only. You must be careful that these funds are also in a segregated account from the rest of any other money you have in the bank. VND or other currency exchanges are to be also in a separate account so its not mixed with IQD. If you don’t do this you will be screwed from what is coming next. Next is the taxation on the funds. They will tax these funds differently than Federal Reserve funds since the value will be different (now asset backed). If you mix federal reserve with US Treasury you will be taxed as all Federal Reserve and you will be sorry since the tax would have been lessened knowing it was all US Treasury and from the Iraq dinar exchange. I am not a tax person and we all wait for the final IRS tax rules to be published but I am hearing there will be a quick flat tax on the dinar proceeds and it will not be too bad on us. On the other hand currencies such at the VND, IDR, etc.. will be taxed as usual (whatever usual is?) But this is what I am hearing so just be careful.

What if you want some CASH from your dinar proceed account?
Again I do not think you will get more than $10,000 dollars and that depends on the availability of the cash at hand that day in the bank you attend. I would think they are making special orders from the Feds for more than usual cash on hand for this purpose. For security sake though, why would you want to take home $10,000 in cash?  I do not recommend more than a couple thousand at most, if any. You will receive the current Federal Reserve notes not the new US Treasury notes. These are not even ready for distribution as of yet. I know you are now all confused but don’t. Getting the current Federal Reserve notes now does not really matter. Its the electronic tracking that is important.

Talk about a future devaluation of the US dollar
First let me say there has been way too much hype and almost panic about this topic. I need to put your mind to rest and here are a couple items to help do that.
Do you know we have devaluations of the US dollar all the time?  This expected devaluation will be bit larger than normal but the impact will be minimal since we will rebound quickly and the only real significance will be in the financial markets and your short term purchasing power. It will not impact your bank account in any way unless you decide to withdraw and spend the money or invest it unwisely.

This is why the markets can be dangerous if you do not have total control over your investments. If you let the banks talk you into a brokerage account and hand over the buy/sell authority to them (cause they are the experts…oh boy! ) you are mistaken. When the devaluation happens these investments may (and I mean might) take a huge hit too. If you had the power to control the buy/sell you simply hang on to them until the wave passed. Remember you don’t lose in these situations unless you bought high and think you have to sell short. This is called a panic. So hang on and wait for the value to rise again. But to do this YOU must have control not some high paid broker who could not care less about your money. All they want are commissions on their buy/sells for you.

A few last notes.
I am not an investment advisor/seller or broker of any kind. I speak on this topic from my very own experience and stories shared with me.
Many of the buy/sell transactions today (in these investment money markets and portfolios) are initiated by automated computer system algorithms with thresholds. They are for suckers! Sorry for being so blunt. They are set up to make the managers of these investment contracts and companies very wealthy not you. Bet you didn’t know this did you? These 401K plans are a typical example. There is so much overhead. Who do you think pays for it? You do!  So each time a buy/sell is done in your behave someone gets a commission and that’s money out of your pocket. Sure they give you deals today with “small” quarterly fees. Look at the fees you are paying. Are these small fees for what you are getting? You pay them whether they make money for you or not. There should be laws against this. This is a crime and part of the problem. This is the only  industry where you can get paid for losing someone elses money. Ironic is it not? Imagine that! This causes an erosion of your profits. A game they play. Just saying…so be careful in the timing and how you invest post-RV.

Best and safest approach to paying off your large notes, creditors and bills post-RV-
When you go into the bank to exchange your dinars have a list ready of all your major creditors you will want to pay off. I highly recommend (and I can’t say this enough) to get debt free ASAP before you spend anymore of the money on anything else. So when you go into the bank and exchange, after the exchange is all done and you have your deposit slip in your hand, ask the person you are dealing with if you can have some bank checks or cashier checks for the following list of creditors. Have on the list the creditors name (name to make the check out to) and the amount needed on each check. Simply hand the list over to the person and let them give it to a teller to prepare the checks for you. If you have millions in your account they better not charge you for any of these checks. When you get home mail these checks out ASAP and you are debt free at last…..freedom at last….lol….then open the bottle of champagne and celebrate. The chains of debt are finally gone forever….this is when you celebrate not before going to the bank. You want a level head when dealing with the bank. I also like Tony’s view point on spending the money- 50% saved for future taxes, 25% to pay off bills and creditors and 25% to enjoy immediately. It all makes good sense. He is a wise man!

Why are you asking for Bank or Cashier checks to pay off bills at the time of exchange?
You are doing this procedure because in case for some reason your account is frozen by homeland security. We should not expect this unless you are wiring out large sums but we are talking worst case here. Not to alarm you but this whole process has been weird.  You will have these checks and at least you will have some immediate benefit from your investment until they free up your account. Also remember what happened a couple weeks ago. The rates went live on Thursday night EST and then they deactivated them. Some people exchanged already but their accounts got frozen. Once they hand cashier checks over to you its out of the account and its your money. So this too can happen. This funky stuff just might happen to you. All just precautions to think about.

Well I think this post is long enough. I sincerely hope all this information is helpful to everyone. So no more questions on the Federal Reserve to US treasury conversion..right… if you do have questions go back to this post and see if you can find your answer.

Written by Mountain Goat.

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21 Responses to What does being a base currency mean exactly? .. By Mountain Goat!

  1. Fred Brownbill August 23, 2013 at 12:47 am #

    Folks, if ever there was a post that should be read, this is it. Please share this post.

    • Teresa August 23, 2013 at 7:26 pm #

      Fred – is this an article you wrote or did you publish from another source? This was posted on TNT Dinar by a member named Mountain Goat. It is a great read.

      Thanks

      • Fred Brownbill August 24, 2013 at 12:59 am #

        Hi Teresa, I was sent this by a close contact to “Mountain Goat!” Good spot but a vitally important piece for our members to read and pass on!

    • Barbara September 20, 2013 at 3:09 pm #

      Agree, it is a great article. Clearly explains in basic English what I have been trying to
      figure out for some time.

      This article is dated 8/23 is there a later follow up? Thank you.

  2. Dianne August 24, 2013 at 5:40 am #

    Dear Sir, please note that Godaddy is VERY WIPO/DMCA compliant regarding copyright infringement/Plagiarism. Thus far you have not given legal credit to the above article.

    • Fred Brownbill August 24, 2013 at 9:04 am #

      Thanks for the help and advice Dianne, Please note the changes have been made. Have a great weekend.

  3. Noah Pologies August 25, 2013 at 8:06 pm #

    What about this quote from Mountain Goat’s article:
    Also remember what happened a couple weeks ago. The rates went live on Thursday night EST and then they deactivated them. Some people exchanged already but their accounts got frozen
    Is this true? I find that hard to believe. I need more info on this statement. Can’t believe that some got their exchane started before anything official round the world happened.
    Who can believe this stuff?

  4. Noah Pologies August 26, 2013 at 7:29 am #

    …Well?

  5. Bud Wiser August 28, 2013 at 5:16 am #

    It was test traded on the interbank screen and a few took it up a notch and actually traded it but were locked down. This is what was said to me by a couple of high ranking bankers in Europe and US. whether true or not is anyone’s guess

  6. Noah Apologies September 1, 2013 at 7:04 am #

    Yes, I know, Mr. Wiser–high ranking bankers, credible sources, inside people, the higher-ups, someone very believable, etc etc etc whatever description that bolsters wishful thinking of a rumor. it is amazing how many people are hearing directly from someone very important who is supposedly in the know. Wow. I am impressed. Ten plus years of someone’s predictions that somehow never quite come true or become diverted by the world situation.
    This has become a cult with quite a few false prophets and many sheep following, who do not question even the most blatant unbalanced claims.
    I might add to the rumor mix that while you were conversing with U.S.and European bankers, I was conversing with O’s Vice President, the Pope’s right hand-man and Warren Buffet’s personal secretary. who each personally told me not to reveal what is really going to happen. Besides, like you said about your important sources, whether what they said is true or not is anyone’s guess.

  7. Noah Apologies September 1, 2013 at 7:22 am #

    Kudos to Fred Brownbill and this site for printing comments from a dinar holder who is not following all the hype. Most sites will not, in keeping with their gurus’ disapproval of questioning them and their fantastic claims.
    The iraqi dinar will revalue, it will have to one day. But who knows when. If someone keeps saying it will be tomorrow, one person will be right one day. Just as even a broken clock is accurate two times a day.

  8. etoilestar September 12, 2013 at 2:19 am #

    Good Evening Fred,
    Thank you sharing article from Mtn Goat, very informative read, appreciate, blessings! etoilestar

  9. Lilly Brown September 15, 2013 at 7:20 pm #

    I am a member of TNTDinar and a dinar holder for 3 yrs,its up to you what you want to belive this is real and mountain has sevral other articles on TNTDINAR,but she also has her own site now.

  10. tomslaker October 10, 2013 at 12:17 am #

    when the dinar rv’s at what designated banks will we be able to exchange it and also negotiate a lower fee that the banks will be charging. tom.

  11. JT November 16, 2013 at 7:21 am #

    Global Debt forgiveness and the arrests of Cabal members is to manifest shortly! The main reason for delays is the due to the high estimated global fatality rate which until recently was above 100,000 human lives. The Dark Cabal aka the 13 Illuminati Family Bloodlines that have controlled and manipulated humanity for over 13,000 years. Many people under estimate the scope of what is occurring on earth right now! Earth is the most valuable planet in the entire universe due to having over 200 DNA Womb Chakra locations which are high energy areas with potential for rapid evolution. It would be impossible for humanity to peacefully and successfully organize it self without The Galactic Federation of Light (an ascended collective of 250,000 Star Nations that seeded the human race 900,000 years ago), The Ashtar Command is a division of the GFL that specializes in the Ascension of species and planets. All planets originate in the 7th dimension until the planetary vibration is distorted and lowered to the lower 3rd dimension in our case. The fluid group lightworker teams are carrying out various operations around the world in the financial sector and also counter infiltrating violent groups that have active illuminati operatives with in them. We must dismantle the Cabal together by intending to heal Gaia and Ascend into the 5th dimension of Unity as opposed to this backward dark world. Once the Federal Reserve closes the Cabal will have no money to run the HARRP Frequency array network, which along with chemtrails and thousands of other devices dimensionally lock us into lower consciousness. We are soon to flourish into a unique Star Nation and reunite with our space family. For 54 million years all 2300 soul families and all 2200 species in the Universe have been at War through time travel in an attempt to go back in time furthur than any other group in order to become the first Graduating time line species. Due to excessive time travel millions of time lines were created which in the last 10 years have collapsed into one time line window from 54 Million years ago to 2014 January 1st, at which point the earths core will shift from its current state to a even higher form of energy. The entire universe is Ascending and the earth is the catalyst for the entire universe. We are the greatest physical angels in existence. 75 years ago the earth sent out a distress call to the entire universe for help with the level darkness and abuse she was undergoing. Trillians of beings from higher dimensional civilizations responded because the earth was once their home. Due to the need to modulate the anchoring of light energy into the earths planetary light grid multiple waves Starseeds were needed with DNA alterations for misson specific purposes, the second wave was the energy behind the 1960′s moments, third my generation from 1985 to 1996 with DNA codon upgrades like microcephalin and 2AAP which, causes brain development and increased perception, and finally the Crystal children of 1996 to today! These kids pretty much hit the ground running when they are born due to the fact they are an example of what humanity is to become. Truly no one over 25 is going to play a major roll in the new governance of this planet. There are over 900 Million lightworker’s. About 13% of the population are Star Seeds. We must unite as a collective and let the Illuminati members of Congress know that we will not tolerate this charade anymore! Join the light or you will be removed from the planet at the time of Ascension! We must begin healing and repairing the planet immediately, also destroying all Cabal weapons and repurposing some of there space ships unitil the Galactic Federation of Light gives the OK for the mass landings of there mother ships, healing ships, science ships, and command ships for the purpose of us becoming accustomed to them. I love this life!

    • mumin November 20, 2013 at 7:41 am #

      Perfectly said JT, you got my attention, i too am a light worker, i would like to chat more, email me at muccmin@yahoo.com peace and blessings

      • Amerval Du Planty November 29, 2013 at 3:35 pm #

        Wow! Refreshing to hear such an enlightened contribution!!! My commendations for JT’s message too!

  12. Hoser November 24, 2013 at 2:52 pm #

    Could JPM’s new policy of no wire transfers out of the country have anything to do with an impending IQD revaluation?

  13. Karen Hudes November 29, 2013 at 9:47 am #

    Here is an explanation of the criminal origins of the Iraqi Dinar scam: https://s3.amazonaws.com/khudes/iraq+dinar.docx

    Here is what the Jesuit-controlled financial system has brought this proud nation to:
    (this information was scrubbed from the internet to keep you dumb. The mainstream media, controlled by the Jesuits, has already tried and failed to keep the United States’ citizenry ignorant) https://s3.amazonaws.com/khudes/iraq+dinar1.docx

    Not to worry. The Council of Governors, the Board of Governors of the World Bank, the County Executives of America, and the Constitutional Sheriffs are about to authorize the issuance of US dollars issued by the Treasury (instead of the Jesuit-dominated Federal Reserve) backed by 170,500 Metric Tonnes of gold on deposit in the Bank of Hawaii.
    ———- Forwarded message ———-
    From: Karen Hudes
    Date: Thu, Nov 28, 2013 at 11:46 PM
    Subject: Fwd: Global Assets (In Confidence)
    To: “Mark J. Novitsky”

    ———- Forwarded message ———-
    From: Karen Hudes
    Date: Thu, Nov 28, 2013 at 11:35 PM
    Subject: Fwd: Global Assets (In Confidence)
    To: ocemail@montgomerycountymd.gov, NATO PA , scheduler@mikulski.senate.gov, andrew.lippstone@state.de.us, “dquam@nga.org” , bryan.whitman@osd.mil, dllr@dllr.state.md.us, rbaldwin@ncsc.org, alan_hanson@shelby.senate.gov, david_young@grassley.senate.gov, Rick Dearborn , Karen_Billups@murkowski.senate.gov, David_Ramseur@begich.senate.gov, paul_cancienne@mccain.senate.gov, Steve_Voller@flake.senate.gov, Andy_York@pryor.senate.gov, matt_sagely@boozman.senate.gov, Chris_Thompson@feinstein.senate.gov, Chad_wallace@boxer.senate.gov, sarah_moffat@feinstein.senate.gov, Laura_Schiller@boxer.senate.gov, Michael_Sozan@udall.senate.gov, Jonathan_Davidson@bennet.senate.gov, laurie_rubiner@blumenthal.senate.gov, Francis_Creighton@murphy.senate.gov, Jim_Reilly@carper.senate.gov, Todd_Webster@coons.senate.gov, Pete_Mitchell@nelson.senate.gov, cesar_conda@rubio.senate.gov, Charlie Harman , Teresa_Ervin@chambliss.senate.gov, chris_carr@isakson.senate.gov, andy_winer@schatz.senate.gov, 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    Ministers of Finance of 188 nations are irrelevant and serve no function, according to Raymond Bennell, who purports to represent the peoples of the Philippines: “there is nothing for the 188 Ministers of Finance to do in the future.” Mr. Bennell had asked me to ignore the Sovereign nations of the world. When I insisted on the rule of law, Mr. Bennell tried his hand with Wolfgang Struck, the authorized signatory on the Collateral Accounts. Mr. Bennell’s documentation leaves much to be desired.

    In the meantime, gold backwardation is imminent as the Federal Reserve Note is on the verge of collapse. https://s3.amazonaws.com/khudes/usdollar1.pdf This is while the authorized signatory has allocated the 170,500 Metric Tonnes of gold in the vaults of the Bank of Hawaii to back the printed and uncut US dollars issued directly by the US Treasury Department. Mr. Bennell has seized the horse from the wrong end.

    Sincerely,
    Karen Hudes
    Law Offices of Karen Hudes
    http://www.kahudes.net

    ———- Forwarded message ———-
    From: Wolfgang Struck
    Date: Thu, Nov 28, 2013 at 8:31 PM
    Subject: Re: Global Assets (In Confidence)
    To: Raymond Bennell

    Dear who ever you are,

    There are hundreds if not thousands of people, swindlers, doodlers, who make a living out of the mystery and they have thousands of documents. Please spare us and leave Karen Hudes alone. You have gotten everything wrong and you will not change. If ever you produce a document, do not show us the fake or a snow-peked. Your World Bank Deposit looks like this in reality and I really do not know what I need you for or why I would have to explain to you what I do in this mystery.

    Thanks and goodbye,

    Wolfgang Struck
    Attachments: https://s3.amazonaws.com/khudes/1972+Inventory+List+1.jpg
    https://s3.amazonaws.com/khudes/1972+Inventory+List+2.jpg

    On Fri, Nov 29, 2013 at 8:09 AM, Raymond Bennell wrote:
    Dear Wolfgang
    Thanks for your email. Karen doesn’t want to communicate with me at this stage as shown below* so I have not addressed to Karen.
    Meanwhile from what you have provided in respect of the Gold assets L-50, conflict with our records but have expired in 2000 / 2007 whatever document you wish to rely upon. I do not know what you are representing in these documents provided. I don’t know how the the Phil Government could have 40% and the Offshore Structure alleged would hold 60%. With the utmost respect, I do not believe you have the facts. It appears your document was dated 4th October 1982 in Mexico but the 50 Years grace was provided (in Trust only) 11th August 1952 (maturing in 2002) to the World Banks by our agreements signed with Marcos and agreed with the World leaders.
    It also seems your Bilateral Agreement may be incorrect as it only mentions 50 years. You only sent one half page with (5.5) pages blank out of (6). The original Bilateral Agreement the Trustees have in their possession is for 60 years going back to the initial use of 1943-1945 +60 years (2005) with the first deposits to set up the World Bank, UN and IMF were first lodged in 1943 through Barclays Bank, Singapore in the amount of USD64 billion from memory. I have attached the part deposit records of the World Bank for your info. You will note the Deposit was attached in mind with the Bilateral Minefield Breakthrough Successor Agreement which matured after 60 years in 2005.
    I appreciate there was a lot of confusion at that time with a great deal of dual documentations by President Marcos and subsequent Presidents trying to get hold of the assets including titles to the Philippine Islands of which the Trustees have the originals in their possession. All clearly stating the owners are the People of the Philippine Islands and not the Philippine Government. I am in the process of checking your documents provided in your email with the Trustees for detailed comment in due course.
    I note that Karen Hudes (below*) does not want to be involved until all the 188 Nations are involved. Unfortunately, it doesn’t look like we can move further with Karen as the World Leaders have nothing to do with the Global Assets now. Please see the International Court of Justice’s determination September 14, 2006 attached as accepted by the World Bank Group. We have many other original supporting documents to prove ownership and where no Originals, we have the physical. None is held by the Global Leaders as alleged.

    * “Before I can give any opinion, Allied Barton (the security guards of the World Bank, owned by the same persons who have brought untold misery to humanity) will need to step down peacefully, so that my agreement with 188 Ministers of Finance can be implemented. I am copying Allied Barton’s replacement, and expect that this can be effected without further delay.”

    The Global wealth of the People of the Philippine Islands does not only take in the alleged Yamashita Treasure but also included the first Liberty One Government’s assets (USA) as committed by George Washington July 10, 1778 already on file with the UN and World Bank Group. These assets were subsequently left to a Granddaughter of a subsequent owner who (Granddaughter) became Marcos’ first wife (at the age of 14 with Marcos 13). The assets were subsequently reclaimed by Marcos for the People of the Philippine Islands. In fact most of our files are all on file with the UN and World Bank Group and others. The important documents of proof are with the Trustees.
    I can see our interests conflict with Karen’s thoughts but we have the view that the World Bank has no assets of note and there is nothing for the 188 Ministers of Finance to do in the future. If Karen is interested in coming on our side to help the People of the World, then there maybe something we can talk about.
    Regards
    Raymond Bennell (Senior Partner)
    INTERNATIONAL FUNDING GROUP LP
    Direct Phones: +852 8120 3701; +61-2 8003 5080; +1 (302) 261 5228;
    Skype Name: raymondbennell
    bennell@ifgprojects.com
    http://www.ifgprojects.com.

    From: Wolfgang Struck
    Date: Thursday, 28 November 2013 10:19 pm
    To: “Karen Hudes (GMail)” , Raymond Bennell , “Mark J. Novitsky” , “Richard C. Matthews”

    Subject: Re: Global Assets (In Confidence)

    Dear Karen,

    This is quite interesting, isn’t it? Where did they get that version of the original and what are they trying with it? We can give them a helping hand, if they want: The BILATERAL has nothing to do with the International Court of Justice which was founded later. First was the BILATERAL. and the Delivery of 400,000MT of gold plus 217,500MT to other banks in other countries. This for reference and your are correct to stay away from such unwarranted claims even if with the best of interest which we can only assume. If I am in the cabal, I will also try everything to make you nervous. Do not worry, we can always counter which does not mean that we have a chance to win anything.

    As to the ICJ, it was created by the Jewish banks who had a problem in 1946. They had discovered that the gold was no longer in the bonded warehouses. Could they tell that to the people? Of course not! They were forced to lie and lie all the way until today. The first decision of the ICJ, for interested parties, was the claim that all gold found in the Philippines from buried treasure should belong to the (13) Original Claimants of WWII Loot as they were registered in the ICJ for some 946,000MT of gold.

    It could be an interesting point of legal discussion that the transfer of ownership in 1963 for the 7,145 islands of the Philippines from Fr. Jose Antonio Diaz donning the O.C.T. No 01-4 to Ferdinand Marcos had a provision for gold code 777 covering all known (registered) burial sites of the fabled but oh so true Yamashita treasure. Who comes first? Anyhow, the claim of the Original Claimants was given up in the year 1995 and replaced by the UNOITC.ORG to serve the same purpose, lay claim on all gold from the Philippines. Must be the same guys.

    Have a nice day,

    Wolfgang

    On Thu, Nov 28, 2013 at 3:18 PM, Karen Hudes wrote:

    ———- Forwarded message ———-
    From: Raymond Bennell
    Date: Wed, Nov 27, 2013 at 2:55 PM
    Subject: RE: Global Assets (In Confidence)
    To: “Karen Hudes (GMail)”

    Dear Ms. Hudes
    Thank you for the conversation today on the subject matter. This email is to confirm my contact address with you and does not contain the Presentation I spoke about this morning (my time in Sydney, Australia). What I have attached to this email is a copy of “Bilateral Minesfield Breakthrough Agreement” dated 11th August 1950 for 60 Years (expiring 2005) signed by several World Dignitaries including President Truman being only one agreement of scores of other similar Agreements with Banks around the World and the World Bank. The Agreement attached is provided in confidence as I do not know if it would be any use to you from what you mentioned to me this morning regarding the advices you have been receiving.
    A copy of the Presentation I spoke about will come via a separate email from the same address. I hope we can talk or communicate soon about this common ground we spoke of today. Thank you for listening.
    Regards
    Raymond Bennell (Senior Partner)
    INTERNATIONAL FUNDING GROUP LP
    Direct Phones: +852 8120 3701; +61-2 8003 5080; +1 (302) 261 5228;
    Skype Name: raymondbennell
    bennell@ifgprojects.com
    http://www.ifgprojects.com.

  14. Sarah Peterson December 19, 2013 at 1:51 am #

    Fred, you covered every imaginable iraqi dinar news topic known to man except for one. Iraq needs a complex and improved security force for the mere purpose of moving currency around in the country. What about that?

  15. Judy February 26, 2014 at 12:59 pm #

    Thanks for the clarification on exchange of Old Federal Reserve notes to New Treasury notes.
    There is a lot of dis-info on this.

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