Chris says: Should we make our 1st exchange our last?
whitehatauxiliaries says: I plan on doing just that. Please do as you feel best when that day comes.
M. says: Hello WHA, When the currency reset takes place and the VND and other EM curriencies are revalued upward, what will the loss in purchasing power of the USD be? Will the the move be in lockstep USD reserve currency moving down as EM curriencies move up?
The reason I ask this is, if a major revaluation takes place globally then there is always winners and losers to any such deal, will Americans that exchanged one revalued currency for another be in any better shape if the costs of “hard assests” moves dramitically upward in response to the lose in the purchasing power of the USD. I.E. will imports items suddenly spike exponentially in response to this reset?
My understanding, and correct me if i am wrong, is we are moving to a Global System where fiat economies (Western Economies) will be replaced by assest based economies (BRICS and other resource rich nations), and it is this rebalancing that must take place to stabilize the Global Economy.
So will our ” new found wealth” buy much in the way of real assests or just be a conduit in which to pay off our existing debts of fiat?
If tomorrow the reset was announced and the VND revalued at .10 then those holding a million VND would have 100k in USD, and then I went to exchange if for silver bullion….would that silver have revalued from its current rate $20.00 +\- to $100-500.00 in the same time frame or do we have a small window of opportunity to purchase hard assests and be in the position to take advantage of the reset to our full advantage?
Thank you for your time and look forward to your response.
whitehatauxiliaries says: Hello, Your questions are very good, but I have to honestly tell you that such answers are way above my pay grade.
Let me struggle through this, with a caveat that I am not giving any financial or legal advice.
We are told that the FRN will devalue over time. We do not know the rate or pace of the devalue.
I would assume that a devaluation of the USD would make imports more expensive for us.
I cannot say that gold and silver will appreciate that fast and that high. Some think it will. I simply do not know. If one thinks they will, well, te salude Don Corleone. Then it would mean those who buy now would be happy tomorrow.
I would also think it would mean the asset backed currencies would be prized as well and prove up to be safe place for value. Gold/silver was money for 10K years. Only in he last hundred years have we gone bonkers and sold out to banking cartels who tried to convince us otherwise.
Now we come full circle to revert to the former, and only because the death of fiat money forces the hand.
I do not know the direct plan to retire debt with BRICS asset based currencies. I do know that WGS released funds would, after tax, provide a huge tax receipt and retire a lot of the debt in that way. That is generally speaking, as I do not know the total details in which this is to be done.
Bottom line, I think it is wise to own silver and gold at all times. A sound monetary system should practice the same thinking – asset backed money is simply backing our medium of exchange with the same things we want in everything we obtain: value.
Because I do not know the exact makeup of what is to come, I can only hope it works out for the best. Society wants access to the resources of our world. Shelter, transportation, food, clothing, consumer goods and such. If the new system allows more people to share in such, with less want and deprivation because of economic fraud, then our work here would be twice honorable.
Occasnl Trvlr says: According to Dr. Jim Willie, the essence of the reset is the initial revaluation of currencies relative to gold. If so, then by the time the currencies are reset, the prices of gold (and silver) would have leapt up.
Both Dr. Willie and JC Collins postulate that there will be a regional, gold-backed dinar before a world-wide reset, and this would explain Iraq’s purchase of 36 tonnes of gold this month.
As I understand, the White Hats have made clear that a currency exchange in the US after the reset would be for an asset-backed dollar. But, if for any reason this were to change, and the exchange was for a non-asset-backed dollar, then I would anticipate very rapid devaluation.
If that is the case, then I would consider very fast purchases of hard assets to lock-in as much actual value as possible. The prices of anything imported (which is lots of stuff), or manufactured domestically by foreign companies, would rise rapidly.
I think it is possible that, just as there may be a narrow window of time for exchange, there may be a narrow window of time to gain benefit from the exchange.
john s. says: the usa is a resource rich nation, also. and the brics nations also currently have fiat currency. while the dollar may devalue. it is not going to zero value.
allen says: “The White Hats, and other good US Patriots, have the one key contact needed who has the essential knowledge, experience and standing needed to assist them get those funds into their own Platform use for the true benefit of all. They do all work very closely together with huge integrity.” ” get those funds”
question. are we talking WGS here? If not can you give more info? Also; “Many have asked about private trading platforms that were abused by Bush, the agencies and cabal.” Were not they already shut down and are now nonexistent? Thank you.
whitehatauxiliaries says: Hello,
I do not think that was a reference to the WGS funding, which is world-wide among the sovereign nations. Private placements are just that – private. But it is my understanding that they will result in much public benefit.
I cannot answer the question about the platforms simply because I do not know the immediate answer to that question. I will leave that question to those who can answer it. The information in the article was as much information as was available at this time.
CK says: WH, WHA, and OWoN…Thank you for your service, and caring for those of us who are the “little guy/gal” in all of this…Maybe the WH or OWoN could comment on where we could go to exchange our dinar/dong…I, like many, only hold a little bit of each and would like to be prepared to exchange…
You are saying contact banks that already do international currency exchanges, and they would be our best bet to exchange immediately after this is released? I am asking because many of us do not have wealth managers, or personal banking relationships…
You see bankers do not normally like to offer their time to those that do not already have immense wealth, and because this is speculative the banks will not tell us anything…I have developed a trust for your information, and am just trying to be a step ahead when this is released…Thank you and may this be over soon…
whitehatauxiliaries says: Hello,
I would think that any federally chartered bank with a currency desk would be able to exchange whatever currency is showing on their screen for whatever rates are showing at that time.
I know of no single place to exchange that would be better than any other place as long as they are able to exchange internationally recognized currencies.
For example, in my small town we have a Wells Fargo and a Chase Bank. Both have currency desks. When I see the rates change, I am going to simply take my modest amounts of dinar and dong and ask for the rates. If they indicate a revalue has indeed taken place, I am going to exchange, go home, come back here and advise you all how it went and hope like hell you all move like Mercury to do the same.
I do not know of any other procedure to follow. Simply go to any bank that can do currency exchanges and exchange them. That is all I know at this time.
angrytiger says: What I did for my own sanity was Google this search string:
“foreign currency exchange” bank l**********What came up was http://www.travelex.com/ – they have 3 locations in my state that are in banks. One is 10 minutes by car (7 if I drive like a maniac). I called them and their currency desk is open in the branch during all normal business hours. They do all currencies listed on their web site. The Iraqi Dinar is not listed so I did not ask about it.
My plan is brutally simple. I check the WHA site for new Fact Checks starting 8am Pacific time (-8) over a dozen times a day. I work online so I just leave a window open and refresh. When I’m out, I check with my phone or iPad.
When the word comes down, i will follow any instructions from the WHA here– barring that, I will get in my car and go to the US Bank with the open Travelex desk in the bank right near my house. I assume even my modest 1.5 million Dinar will require me do open an account there before I leave since banks don’t have much cash.. I will remember to negotiate a higher daily cash withdrawal amount.
Even at an RV of $1.00, I plan on calling my friend who knows about large sums of money, frankly I don’t have a clue what to do. I think first, I will have a good cry whit it hits me my life will improve… Next, I will report back here and attempt to express my gratitude…
Should I locate alternate locations in case there are limits? How does my plan sound to you WHA? I really value your input.
Thank you, CML
whitehatauxiliaries says: Every time I see your posts, I think of your initials “CML” and it reminds me of those of Christine Lagarde, which are eerily similar.
I think your plans are well thought out. We may have a one day pre-warning. That is not a guarantee, and is subject to change. You can imagine the pressure on my shoulders should we get this wrong and unleash a torrent of people charging into a bank with pitchforks and lanterns.
So, bottom line, just watch the currency sites for rate changes.
As we have been told, banks are pretty much clueless, as is proven out by the responses that many of you have gotten from the bank employees: “HUH?”. This strikes against guru “intel” that says they are warming up for your arrival with tea and crumpets.
Whatever your plans are in the details, just make acting promptly your number one priority.
HardtoSmile says: Will Al Hodges ever update the CMKX shareholders again? I know I don’t need to repeat his Christmas ’13 update as we all know how ‘soon’ he said we were to get paid, but here we are MONTHS later with empty wallets and it feels like we’ve been left hanging.
It’s getting really difficult in believing in any of these events actually occurring. I’m not saying I don’t believe the WGS, and etc, aren’t real. Just that its never going to be allowed to happen.
whitehatauxiliaries says: Hang in there. You are not being told all, and for a good reason.
tiny says: I am very disappointed to hear the news regarding thePPP being a world away. I thought I have been reading all things are to happen about the same time. My this let a great deal of joy out of me. As always now this has become very confusing to me. What can one expect or believe.
whitehatauxiliaries says: Don’t despair. There are small worlds and there are big worlds.
It could be just a small world away…..