[1yinca] GM TNT...what did you think about the BellaGrits post on recaps....is that what Tony was talking about?
[spades] 1yinca ... one would have to believe in a gcr new republic thing for it to mean anything . I believe all of that is just a side show to keep the masses entertained . Imo
[1yinca] spades I picked up on some of that but what about the US being left behind?
[spades] 1yinca we have nothing to worry about . This will happen when it is time . Just sit back relax and enjoy the show .
[spades] 1yinca ... nations lead nations follow . The sun rises and set on many an empire . . We will be alright . I as an American know that we are a strong people who don't like to follow or be told what to do so . We will be just fine .
[kenbo] one thing to remember.. when this rv goes international....every one that has dinar will be able exchange for the international rate. Some will have better rates but no one will need to take less
[1yinca] I don't expect to see it till the new GOI is seated....if it comes earlier...hooray
Boisedago: What effect is the signatory who was backing the world wide sale of the new US Treasury Reserve Notes with gold bullion, withdrawing their support and moving over to China? This move makes all of the notes produced and sold by the US virtually worthless. To quote a source:
"Breach of contract by the U.S. Treasury and amid interference by IMF (International Monetary Fund), Managing Director, Christine LaGarde, President Obama, several key members of the U.S. Congress, Treasury Secretary, Jack Lew, and the World Bank has fueled the pullout.
The gold bullion provided by the signatory would have backed the new U.S. Treasury Reserve Notes, known commonly as the TRN.
Use of the new TRN which would primarily occur between central banks, would stabilize the world economy, solve the U.S. debt crisis, provide the basis for debt forgiveness and the standardization and revaluation of all world currencies under a new gold backed system known as the “Global Reset” by those involved in the process".
Forestrain: sounds like the US would have to be stupid to pass this up. And, the US is not stupid so what is it we don't know. Hmmm I guess we'll see in the wash.
dbcbillStupid is as stupid does, goes a twist on the old adage. Greed and the lust for power have made many a person 'stupid'. Let's hope we'll see in the wash. I'll not be surprised to see several foolish politicians and bankers wash out.
JuanValdez: One possible significance of the ''pullout'' could be that, IF TRUE, as Okie seems to confirm, any TRN -based exchange / private placement transactions prior to this date leaves the Elite holding bank credits that are most likely expressed in terms of the alleged bona fide TRN / USTN currency.
That is, they 'exchanged' for and did business with their iqd / iqn holdings expressed in terms of new currency most likely. This is speculation only.
But, why would they agree to accept old FRN currency units for their gold-backed or asset-backed dinar when they could most likely compel performance on such exchanges / contracts in terms of the new yet-to-be officially released TRN / USTN????
The pullback by a major collateral source would cause the entire scheme of the TRN to go sideways, and cause the banks to have to deal with refunding / returning iqd / iqn instruments which they may not themselves even hold any longer....who knows??
It also causes the banks to have to generate another go-round of digital and paper trail making for all previous parties who exchanged or contracted with them in advance of official release.
By coming back to the bank to state a claim, on the basis created by the pullback of collateral, they are in essence making a fraudulent claim based upon a hypothetical criminal conversion and violation of their 'public trust' (if involved in gov't units), or otherwise, trading in commerce with a currency that was at the time not yet internationally recognized.
Just thinking out of the box. Juan