9:37 PM [kktwahoo] Historian? Hello, she IS here! 9:38 PM [kktwahoo] 3 emails
9:38 PM [kaycee] Referring to a trust, LLC, etc; not taking her seriously
9:39 PM [kktwahoo] 1. from tonya - wants advice on what to have in place before turning in dinar after RV? Trust, LLC, etc.?
9:39 PM [kktwahoo] 2. from sequinglitterbox - video - dire happenings - said to invest gold and silver - is not the dinar asset backed already?
9:40 PM [kktwahoo] 3. from Hanna - 99 yr charter for Fed Reserve? Supposed to end 21 Dec 2012?
9:40 PM [kktwahoo] Start with #2 - what to have in place before turning in dinar?
9:40 PM [kaycee] I'd like to leave the 3rd one for Rodney
9:40 PM [kktwahoo] Won't get into details on trusts - lots of people can do this - workshops etc. Once you have your assets and move forward with them - WHAT ARE YOU DOING?
Read More Link On Right
9:42 PM [kktwahoo] Need to understand this - NOT LIKE CHARITY - not donating it to them - when you transfer asset of any kind to trust or company - have to give something back equal in value to what you gave them!
9:42 PM [kktwahoo] Tax implications and asset protection implications Say $1,000 USD worth of dinar - put it there before RV - transfer to company - usually get back shares or promissory note or receivables
9:44 PM [kktwahoo] Say dinar is now worth $1,000,000.00 - a million USD worth Someone can come after you if you have $1m in receivable
9:45 PM [kktwahoo] You have something of value that you can claim from that trust or corporation - I would suggest if you intend to hold dinar in name of trust or corporation - get it in there asap If you have the money to set it up, do it now
9:45 PM [kktwahoo] If you do NOT have the money, there may be ways to work around it Have to have legimate reason to back date it
9:46 PM [kktwahoo] Accountant will have to value it at Fair Market Value on date of transfer - give them an instruction - can do later and do as date of instruction
9:47 PM [kktwahoo] If you time it properly - give them the instruction - can carry it out and bill you after the RV so you have money in pocket to pay them That is one way around that - cannot have it go on for years and years and years
9:48 PM [kktwahoo] I do NOT know how you can transfer on a later date and use value from earlier date - have to talk to wealth manager
9:48 PM [kktwahoo] Value is outside trust or company - someone can still get it from you Lots of changes jurisdiction to jurisdiction- think about YOUR needs
9:49 PM [kktwahoo] Trust is NOT for operating - longevity, hold assets, etc. Not normally inheritance tax on these assets Different type of investments require a different type of management
9:50 PM [kaycee] You might get into metals, gold, etc. Many choices - management considerations vary a lot Real Estate - have decpreciation Can only write them off against income
9:51 PM [kktwahoo] Will be interacting with other people to have them help you with your investments Some peeps have more than one entity and more then one kind of entity too
9:52 PM [kktwahoo] operating company - do all transactions with other peeps for maintenance, etc. Some jurisdictions tax trusts at maximun personal rates Do NOT let trust earn income
9:53 PM [kktwahoo] Companies in Canada have a low tax rate Not overly complex but also not as simple as having a bank account Get professional help
9:54 PM [kktwahoo] A lot to take in You need to learn basic bookkeeping - ledgers, etc. you need to understand this part of accounting Do NOT trust everything to others with your wealth - you could lose everything Drugs........ Made sense to TerryK
10:01 PM [kktwahoo] RV is one thing but use trusts and corporations for more then that
0:02 PM [kktwahoo] The one woman would not put here real property into trust and cost her estate big
10:02 PM [kktwahoo] Question #1 - dire happenings in world Watched video in link - includes threads of truth - one world govt etc Other working to make sure these things do NOT happen
10:04 PM [kktwahoo] Groups working against this - seem to be gaining upper hand significantly Gold and silver? Dinar asset backed?
10:04 PM [kaycee] Question was should we invest in gold and silver?
Historian won't invest in gold and silver right now - other things are better in her opinion Currencies have better upside - includes dinar and dong
10:05 PM [kktwahoo] G & S - investment plus used as money in case USD is worthless etc.
10:05 PM [kaycee] what will you use?
1005 PM [kktwahoo] I don't have any comment on that - have to decide for yourself I would actually get some other currencies Also get some foreign currencies - stable ones - that will be stable after RV Pick ones that are easily exchanged at banks in your country/area
10:06 PM [kktwahoo] I believe we are headed to asset based currencies If they are asset-backed then value is calculated based on values of underlying assets
10:07 PM [kktwahoo] Lots of news, deals, sites on coming changes - could be disruptions of certain types
10:08 PM [kktwahoo] I don't think you will have anybody getting away with their plans/dreams of ruling the world in their way
10:09 PM [kktwahoo] Last email #3 - 99 yr charter for Fed Res
0:10 PM [kaycee] Charger end on December 31, 2012 2/3 of states have to re-ratify to extend charter
10:10 PM [TERRYK] The Treaty of Versailles (French: le Traité de Versailles) was one of the peace treaties at the end of World War I. It ended the state of war between Germany and the Allied Powers.
It was signed on 28 June 1919, exactly five years after the assassination of Archduke Franz Ferdinand. The other Central Powers on the German side of World War I were dealt with in separate treaties. Although the armistice signed on 11 November 1918, ended the actual fighting, it took six months of negotiations at the Paris Peace Conference to conclude the peace treaty.
The treaty was registered by the Secretariat of the League of Nations on 21 October 1919, and was printed in The League of Nations Treaty Series.
Of the many provisions in the treaty, one of the most important and controversial required Germany to accept responsibility for causing the war (along with Austria and Hungary, according to the Treaty of Saint-Germain-en-Laye and the Treaty of Trianon, respectively) and, under the terms of articles 231–248 (later known as the War Guilt clauses), to disarm, make substantial territorial concessions and pay heavy reparations to certain countries that had formed the Entente powers.
In 1921 the total cost of these reparations was assessed at 132 billion Marks (then $31.4 billion or £6.6 billion, roughly equivalent to US $442 billion or UK £284 billion in 2012), a sum that many economists at the time, notably John Maynard Keynes, deemed to be excessive and counterproductive.
The argument by Keynes that the terms were too harsh—too "Carthaginian"—convinced many British and American leaders, but left the French unmoved. The result of these competing and sometimes conflicting goals among the victors was compromise that left none contented: Germany was not pacified or conciliated, nor permanently weakened. This would prove to be a factor leading to World War II.
10:11 PM [kktwahoo] Fed Res Notes - USD - were the reserve currency of the world for years Many countries have moved away from this - not using USD any more have to have a currency that works well with rest of world and is accepted
10:12 PM [kktwahoo] I do NOT believe Fed Res will be continued - not many want to use it any more They have a plan but others have other ideas
10:12 PM [kaycee] will be interested to see how they structure it
10:13 PM [TERRYK] Treaty of Versailles From Wikipedia, the free encyclopedia Jump to: navigation, search This article is about the Treaty of Versailles of 28 June 1919, at the end of World War I.
For other uses, see Treaty of Versailles (disambiguation). Treaty of Versailles Treaty of Peace between the Allied and Associated Powers and Germany Cover of the English version Signed 28 June 1919 Location Palace of Versailles, Versailles, France Effective 10 January 1920 Condition Ratification by Germany and three Principal Allied Powers. Signatories Central Powers German Reich ________________________________________ Allied Powers France British Empire Italy Japan United States Others[show] ________________________________________ Depositary French Government Languages French, English Treaty of Versailles at Wikisource
10:13 PM [kktwahoo] These 195 countries currencies are the ones being talked about now If Fed Res had the power the would have fixed the problems related to Euro but did NOT I think Fed Res will be removed