Historian chat from GET Team CC (transcribed) !!
This was last night's conversation by Historian on the GET Team conference call. Very informative info !
Historian from GET Team CC on 7/18/2012
Historian: Most of what I have been reading gets too complicated for most people. There are a lot of financial and banking scandals coming out. They’ve heard some of them and then just more and more information comes out. Things like central banks buying up lots of gold. More than they have been use to doing. More details on one thing after another. So what I would rather do is look at that as a whole. Before I do it I wanted to comment on some of the things you guys have been chatting about.
Historian: The interesting thing is, that I heard quite a long time ago, was that a whole lot of soap opera writers were actually hired to write a lot of this stuff (laughs) . Think about it. Watch the pattern of the articles in a lot of things that are related to the whole Dinar RV. If you want to keep people guessing, those are the best people to hire.
Read More Link on Right
If you look at the pattern of the articles doesn’t it not circle around the way the soap operas do? Absolutely. That’s their style. They are just creating a little fantasy world out there and it is probably one of the best ways to cover the truth. I’ve heard this from more than one source on more than one occasion. They are writing for whomever they need to keep confused all over the world.
Historian: I will talk a little bit about financials. It is getting to the point where some people can follow this, but large numbers, the significance of it is beyond a lot of people. This is a ridiculous amount of debt really that these financial institutions were holding, ridiculous to the extent that it is many times the world economy, so this is just absurd to the point that there is not enough physical assets out there to cover this.
That’s why the old financial system is not sustainable, we cannot keep using it so it’s going the way of the Dodo bird and it’s going to be removed. So a lot of the financial stuff is along these themes these days. We are moving from that FIAT system tone in which we will have asset back currencies. It might be gold or a combination of other assets. A lot of the articles coming out is part of that picture or of the old system falling apart.
There are scandals making mainstream news talking about people being charged with fixing interest rates and charged for laundering money , the drug cartels. These are entire institutions that are being taken apart for this and fined. There was an article about UBS turning coat and becoming the whistle blower and now we are hearing about all these scandals. This has been going on for awhile. The amount and frequency of these articles hitting the news is amazing.
Larger institutions are becoming the ones at fault and are being hit by this. The reputation of all these big financial institutions is just in the trash can and it is going to get worse too. I believe that’s the strategy. This is being done to take down everyone’s reputation a little bit. Let’s let the world and the average people see how they have been operating all this time and how disgusting this old system was. This is part of the communications war.
Holding off on the RV, or as long as they are waiting to do that and I don’t know if they are holding off , but while we wait and they put out this stuff that’s just “them “ taking out everybody’s reputation a bit at a time and these folks are never going to rebuild themselves. This is one of the things that is going on.
Historian: The other thing that I notice is the gradual towards a system that is asset backed. There was an article posted today (7/18/12) on FOX Business is ”China proposes to launch interbank trading” for precious metals. This is about allowing metals trading on the interbank market (from bank to bank). They are looking to launch it on August 1st.
The financial systems are moving away from the parties that controlled it before. Things are shifting towards the newer parties like the BRIC’s (Brazil, Russia, India, China) who are inclined to look at things like actual assets and asset backed currencies. They are not into printing money. Central Banks are not trusting to the FIAT system and are moving towards asset backed currencies.
I heard somewhere that quite a few places will no longer take the US dollar (Fed dollar) and the Euro either. So many of the major FIAT currencies are no longer being used.
Historian: So what does that tell me ? I think for us the RV and the change from the current financial systems to a new one are really linked hand in hand now and have been for a while. I think it is impossible for them to RV into the existing system and they are going to have to switch systems. the existing system is too corrupt, it’s got too many problems, it’s got too many holes all over the place and it just doesn’t work.
You end up with these institutions that have massive amounts of dollars on the books that are worth absolutely nothing. When you have something that dysfunctional you don’t want to put the wealth of the world into it. So I think that what happens is that yes there are thing going on in Iraq and everywhere else as far as the timing of this, but one of the reasons why we are seeing take as long as it is it is a huge coordination effort, but also I just think they want to make sure that people clearly understand how bad the current system is and why it is that we need to move over and when we do we learned a lesson and that we will never, ever go back.
A comment was made by Blue Dog (one of the other speakers): When it comes to trying to guesstimate when this thing will happen, as we talked earlier, the screen writer may change the timing of the whole thing right under our nose and so this goes along with what you are talking about.
Historian: Believe me, those screen writers have the last episode written. They are all set to do that. I don’t think we can predict at this stage when this is going to occur. My view is that they have everything they need ready to go and I think there are just strategic reasons and among those are the things that I discussed this evening and there are probably other things as well.
They’ll do it when it suits them and we have to be ready. If you are one of those folks sitting there debating about whether or not you want to get Dinar, you’re not going to have enough time to see a change in anything in the news for you to go “OK. It’s time for me to run out and get my Dinar”. I think you need to analyze the situation for yourself and decide whether you are in or out and make sure you have your base amount that you might want to invest.
You need to have that ready. We actually look at the Dinar as being a safe haven currency because it can’t go anywhere but up. There is no stock, mutual fund, interest rate or real estate that is going to make me the same amount what this will make because this is so cheap right now and they can’t keep it down there forever because they have way too much wealth.
This is ridiculous, it’s that simple. When they move it, they will move it. I don’t invest in anything else right now. I either have Dinar or liquid cash and a bit of Vietnamese Dong. My view is that this currency is pretty well at the bottom.
Blue Dog: As far as HCL and all the agreements, Last Sept in 2011, we were saying all this stuff is done . it is just sitting in a file cabinet. That’s when I began to say this is a screen play. There is a beginning and an end to it. It’s a Marshall Plan. The people that started it are going to end it. It is my opinion, and only my opinion, that when we get close you’re going to see a complete turnaround like what we are seeing with Barzani right now.
He’s making a turnaround, so that’s an indicator. That everybody is going to sit down, the orchestra is going to play and it’s going to sound so beautiful and you will never think that Iraq ever had a problem. There are always going to be problems in any government, but it’s going to look like a complete turnaround. When you see everybody starts getting into their seats and pick up an instrument we are very, very close to an RV.
Historian: I agree with you. I believe that’s what it is and they are ready to switch it over. I think a lot of the financial system has already been in the background and what you are actually seeing is more and more countries have moved away from the old system over the last several years.
What they had to do is calculate what the value is of every single country in the world on an asset backed system which means they have analyzed every country to say what are your assets ? When they are ready to go, they will switch from one system to the other. I don’t think we will have any warning.
Matt: Comment from one of the other mods: When I start to see what’s going in the global finance arena and then I hear about things . It’s the global pieces that are out there circulating around the moon. That is what I think you have to be looking at rather then what is going on in Iraq.
Historian: I do not research Iraq at all. I look for the financial stuff. What is interesting is that all the scandals coming out are all Federal Reserve System banks. All of them as well as the partners and allies. And just watch they are going to start going down one by one like 9 pins in terms of their reputations.
The fact of the matter is these changes are going on. The part driving this RV are likely set up to turn it on whenever they choose and all we can see is the progress towards it. This progress is not a required progress in my view. It is an optional one that they are choosing to do publicly because they could just switch the whole thing over now and still deal with all the other things and put out bunches of news about financial scandals.
We are just sitting there waiting on their pleasure and that’s it.