Good Evening, Family:
With the bazillion questions that have arisen since my last couple of posts concerning the Global Currency Reset, the time has come to bring everyone up to date.
First, some clarifications. We've talked about the reinstatement of the IQD being part of this first basket, and people have asked how in the world the IMF can go from a program rate to a reinstatement of its original value to an international release without first doing a redenomination in country.
The question misses the fact that all of these events can happen virtually instantaneously.
The inclusion of the IQD/IQN in this first basket of currencies is a decision that was made when the baskets first began to be configured years ago.
The fact that it was still under a program rate was irrelevant to the fact that when the planning began, the "authors of the plan" knew that a swift and systematic process would result in the lifting of the sanctions and bring the rate to a tradeable and functioning position in country.
Read More Link on Right
I see a misconception in some of the questions -- some of which presuppose that there must be some period of time to elapse between the redenominating and reinstatement of the rate.
From a practical perspective, one might think that there should be time for the nation to adjust to a redenominated rate in country before the IQN goes international at a rate roughly tantamount to a reinstatement of its original value.
I've provided my two cents worth to folks at the IMF in suggesting the way things should happen and unfold, but somehow my suggestions don't carry any weight! Imagine that! They don't seem to be listening to me. (Grin)
The point here is that the IQD/IQN is doing all of these things at the same time. Let me spell it out: (1) The three zeroes get lifted. (2) The IQD gets redenominated at 1:1 in country. (3) The IQN (the newly reinstated Iraqi Dinar) is then released to the rest of the world for trading as part of this first basket of currencies.
These events can either flow sequentially over a period of hours or a few days, or they can flow seamlessly as a single event.
Once again, it is important to understand the Dinar's role in this basket of currencies, and its role internationally in stabilizing and bringing asset balancing to many nations.
We tend to become economically myopic in looking at just the Dinar without realizing the role it plays worldwide in the Global Currency Reset.
It is critical to all of us to look beyond Iraq and the political events taking place there. It is also important not to place excessive weight on the in-country violence.
Without minimizing what is taking place in Iraq, let me see if I can say it like this. The Dinar plays an important role in what is unfolding, but it is almost insignificant in terms of the global picture.
We have a total of 198 currencies being restructured. The IQD/IQN is a lynchpin in this restructuring, but there is a much larger picture unfolding.
Without telling any tales out of school, I will say that there are some enormous events unfolding beyond public view. The first basket of currencies has much activity taking place with it as I write this. Keep your eyes peeled.
Pay attention to some of the news items that are coming out on FOX Business News, Bloomberg Television, CNBC, etc. Hearing ears and watchful eyes should hear and see important developments before this coming weekend!
Let me cite one article that appeared today on Bloomberg Television. Aegis Capital's Stanley Crouch was being interviewed and he spoke of a shift that is taking place with the Euro. The item of significance was his reference to "many currencies being revalued or restructured," the Euro going away and being replaced by a new currency; and he said, "I believe that we're going to go to bed on a Saturday night, a huge shift will take place, and we'll wake up on a Monday morning to find a completely different economic world."
He's not far off from the truth! I can't tell you that the Euro will disappear next week or next month. What I can tell you is that the IMF has a plan in place to replace the Euro with a new currency -- and that change is likely to happen before the end of 2013.
The fact is that the European Central Bank is no longer able to continue to bail out continuously failing countries like Greece, Italy, Spain, Portugal, Ireland and Iceland. Germany's Angela Merkel is sick and tired of being called on to fund nations that have not the will nor intestinal fortitude to correct spendthrift socialist policies that simply don't work!
The Global Currency Reset (Basel III Protocols) is moving along rapidly now, after working through a series of Babylon II software glitches, some massive delays and political issues.
Serious discussion has taken place as to the possibility of releasing 198 restructured/revalued and devalued currencies simultaneously.
My honest opinion and conviction is that we will see the second basket of currencies released a week from the first basket, but there certainly is a strong possibility that baskets two and three could be released simultaneously.
There are many variables here that I don't yet have answers for.
I've posed the question as to how the USD devaluation fits into this and have been advised that if the IMF moves ahead with this plan all at one time, we will see an instantaneous hit of 50% to the USD internationally.
I remind you that the impact of this shift will not hit everyone instantly -- or perhaps more accurately, that it will be seen over a period of weeks as Americans pay higher prices for some imported goods and goods manufactured abroad.
What all my sources tell me is that we are holding pretty firm to the values for the IQD/IQN, the VND, and the IDR as they are released internationally. I won't post those rates here, but suffice it to say that we are in for a blessing! Most of these currencies are coming out at rates that will surprise a lot of folks!
Let me finish by saying once again that it is really important to all of us to understand that this is a blessing from the Lord. Does He want us to prosper? Of course He does. The Kingdom of God is the focus of what is taking place!
If you want to continue to walk in the ongoing blessing and the continuing prosperity to follow, make sure that you bring the first fruits of your blessing to the Lord. I'm not talking about your tithes, and I'm not talking about seed-sowing otherwise; I'm referring specifically to taking the first -- and the BEST -- of the blessing of whatever you profit by.
Present that to the Lord. Sow it into some ministry that is producing fruit for the Kingdom of God.
Once again, keep your eyes peeled and your ears open.
Blessings on you.