Q: BackDoc, what is your opinion of larger countries (like the Euro zone) … what could they (treasury people) have possibly talked about during past meetings? Do you think that other currencies could already be printed and sitting in the wings ready to go?
BACKDOC – yes … I think that is possible. I’m sure they have contingency plans in place. They’re just waiting for the right timing of who to blame.
PIF – true! Remember … it’s not the physical currency. Digitally – it just switches. It’s what backs-it that is real and that changes the value of a currency that is in the basket. 30,000 tons of gold … really … that’s no gold at all. That’s like going down a rabbit hole where a trap is set at both ends.
Q: What about smaller countries … could they participate (put in a basket) even though they may not be fully ready yet? Maybe they don’t have their “true value” yet. Could that happen so they can’t be taken advantage of just because they’re not up to speed?
BACKDOC – the thought that there’s enough gold out there to back-up all of the fiat currency out there is not rational. The “backing” – you’re dead-on about that, and I think that people get that concept.
PIF – well at least here they do.
BACKDOC – when you think about all of the trade out there … 94% of all trade going on out there is in 1 of 4 currencies (Euro, Yen, Dollar, British Pound) … so those 4 control the lion’s share of settlement. Even if the Yuan made a huge jump … it still wouldn’t be able to compete with the USD.
PIF – The Yuan cannot take the place of the USD. It doesn’t have enough value to do that. They don’t have the assets to back all of the bad US dollars. Show me in writing that we are going to a 100% gold backed currency … on a global scale. It doesn’t exist.
That couldn’t happen overnight. There still has to be confidence in the Yuan. Has China or the so-called “family” proven that what they have is what they have. Is Yuan is worthy? Prove that to me … don’t just give me a story.
Thousands of years … treasures … you need to convince me that they have control of it. Nobody but a select few know about it? Ask yourself, how silly does it sound that just a few people hold an asset that could determine who should benefit humanity? What makes it their money to determine who is right or wrong?
Let’s get back to factual stuff. The IMF has a way (a system) that moves money (swift system). You can call their money movement system whatever you want … but it still works with the swift. The Ireland system that Wells Fargo owns still works. If they improved that software/hardware and cybersecurity (which you’ve heard them talk about) - so that more countries received “recognition”
This won’t go from one country controlling something to another country controlling something.
Has any Asian or Eastern country been the reserve currency for the globe? No
How about anciently? Yes
How about Russia? Yes
In other words … the system (historically) has failed.
Even when Greece had it … they failed … because they started using less gold.
So how is the US any different than when Greece started shaving-off gold from their coins and filling it with other things – a mixture of ingredients?
Things are controlled by the weight of the coins.
So … all of this time has gone by … and they still have yet to perfect the monetary process that works. So generations to come … will probably have problems too.
Was fiat money bad from day-one … or was it a way to try and improve things … but over time it morphed into something else.
FACT – if the monetary reform moves forward … expect the banks to be closed for a few days and our exchange will proceed forward … PRIVATELY!
Notice where the “stories” come from. Some guru’s have “disappeared” lately.
The banks don’t want you to be knowledgeable about this topic. The best thing that you can do when this happens is to BE QUITE!!!!!!!!!!!
So let’s talk about some negative stuff …
If the MR does NOT move forward … could there be disruptions … countries upset with each other … people upset with each other? Yes. I’m not a doom-and-gloom type of person. If I knew something differently … I would tell you. Just be prepared if there is a disruption.
Just think … if banks are closed for 4 days … the world (media) will report that the world has come to an end … but we will know exactly what is happening (the MR kicking in).
Be safe and smart. Find ways to be prepared. Get on Google and research how to be prepared. What will you do if you don’t have gas/electricity for a while?
Did you know that you can save the water in your water heater for your body. Buy some cases of water. Stock-up on high-in-protein items.
The rest of the world will look at things as a crisis. You will know better … and the end of chaos … you will be in a much better position. Be prepared to take care of your family.
Be strong in numbers. I’d rather not talk about this topic … but I think it would be foolish not to mention it so that you are prepared.
BACKDOC – if there is a down-turn … you don’t want to be vulnerable and place all of your eggs in one basket. Spread out the risk.
PIF – I don’t like to be political. My goal is for you to “THINK” … look at the mistakes that other communities are doing? Some allow criminals to come in a riot. Crazy.
The alternative media is giving one version … and the main stream media giving another. It’s hard sometimes to tell the truth. Be a community that looks out for each other. If a change comes … those who cooperate will survive well.
Let’s cover some other ideas …
I know that a lot of you know Okie … I called him today … he had a long-time friend past-away and I wanted to reach out to him. He served our country. He is a good guy.
Many of our members ask how he’s doing. He said that he is doing ok. He is looking forward to this happening. He’s taken a beating from some people. He was given information, and some wasn’t too accurate. He’s been around this a long time.
Today, he just sits back and listens. If you are listening Okie … the forum appreciates you and wishes you the best. If you ever want to say hi, just let me know.
If the Monetary Reform does NOT move forward as we expect it … would we end up in all-out-war? No. Remember trade agreements? Remember security, security, security? The US provides “protection” … and if some countries don’t move forward … they could become isolated.
The US has over 700 military bases across the globe. The US has been stockpiling food and supplies for a “what-if” event. It would be foolish for them not to prepare in advance for some things.
If you are going to be an ally of the US … and if this takes it’s sweet-old-time … those countries that are currently receiving protection … why would we continue to do that?
Are you going to be diversified when this happens? So will other countries.
China and the US now how 10 year visas. Humm. ;)
What laws are on the books? They are the laws until they are changed.
I believe that America will be fine … we have massive amounts of land that can help take care of feeding/caring of its citizens. We have plenty of food, water, minerals and technology to take care of itself. If something nasty happened … how many companies (that moved overseas) would come back?
If people want to get nasty … it does nobody any good.
If the MR does NOT move forward … expect a brief sharp downturn in the economy … but remember we are a country that can implement things quickly. Think about it … if we did shut-down our borders in trade … we could take care of ourselves.
IF the MR does NOT move forward … expect the IQD and VND to do very well. America has vested interest in their success. We know Vietnam loves the US Dollar.
BACKDOC – that’s right. 80% of the contracts moving forward are written in USD.
PIF – remember last week we told you that we (USA) sold Vietnam our old navy ships – (which is by far better than anything that anyone else has). Humm. We just made our military bigger … allowed those ship to stay in service (instead of a graveyard) with partners (Vietnam) who now has the ability to patrol and protect their borders (and others).
The US only plays a game of chess … by knowing their next 10 moves will be in advance.
Iraq and Vietnam … if the MR on a global scene does NOT happen … they are the proverbial elephant in the room. ;)
We are not waiting for the monetary reform to start. It started many, many, many years ago.
We’ve hit many, many, many milestones.
There are things I’m not allowed to share … and if the day comes that I can … I will.
I’m not going to talk about the IMF tonight because we’re going to run out of time.
UPDATE ON IRAQ
Iraq makes this looks like it’s in their control.
BACKDOC – they have a few laws that they’ve been sitting on to push through until the last minute. They had to leave something behind to talk about. Basically to let’s people think they have control of this. I think we’re in the end-phase here. Maybe we’ll see something “BLINK” in Greece, or Germany … maybe before the deadline.
PIF – Excellent! You guys know that there is nothing such as a RV or GCR. It’s called a Monetary Reform. GCR is just dinar-world “jibber-jabber” term.
We are past the easy stuff. Now do you believe that it’s an “IF” and not a “WHEN” they are told to do this?
BACKDOC – Absolutely! I’ve never, ever questioned that.
PIF – Nor have I.
So next … Abadi’s trip to Paris and his visit with “O” – was he snubbed?
BACKDOC – I couldn’t comment because I didn’t see it.
PIF – here’s what I believe took place. It’s the G7 … and Abadi’s in Paris just before Bilderberg? What’s he doing there? Humm. I don’t think you should worry or react to people’s facial reactions of what you may or may not have seen. Especially with all of the G7 there. It wasn’t about “O” – it’s about the G7. Russia wasn’t there. But Russia is helping Iran get in line.
Q: What about the new paper currency to hit the streets in July?
Newspaper articles … you may not know what month is which month. Did you notice that dinar-world focused on the word “next” month? They missed the whole point of the statement. Some said it meant June, July, and even August. Dinar-world often doesn’t comprehend what’s going on.
New paper currency to hit the streets to hit the streets next month.
BackDoc, what do you get out of that statement?
BACKDOC – unless you have multiple articles that confirm each other … I just say … “ok, it’s coming pretty soon.” Don’t stress over it.
PIF – When was the article written? You’ve got to go back to the source and check it out. Dinar-world focuses on the date/rate. Who cares what month it is? What everyone should have been focusing on is the fact that NEW PAPER CURRENCY IS COMING! The date doesn’t matter … and it’s not just about dinars!
Many countries will release new currencies in the coming month. They won’t tell you WHEN … because people could hedge on it. They’re NOT supposed to tell you the date. They know they can’t hide something (this big) but they keep it controlled and keep people guessing. Follow the money!
Q: What percentage of dinars has the CBI (electronically/digitally & physically) removed from circulation?
BACKDOC – it’s gotta be really, really small at this point. Especially due to the contracts and what they’ve been able to do with them.
PIF – let’s say for easy numbers … if they pulled off 75% of dinar count … NOT NOTE COUNT … DINAR COUNT … and that includes every single fraction off of every single dinar. Whatever the amount is … they’ve pulled 75% off the street.
That doesn’t mean they paid full price for those (75%) dinars. In fact the CBI clearly states that they haven’t.
If you take the 25% that is still out there … put it at a set rate … let’s say $4 … if they’ve got 75% in the offers at the CBI (digitally or electronically) … and 25% is in the streets … if it’s all worth even money … which we know it’s not …
but let’s say it is now because they own it … even though they paid less for it … and we know we paid less for it … it’s when you exchange it – that’s when the value means something.
So if they got cheaper … and they pulled 75% off … cheaper … just like we bought our 25% cheaper … that’s what we bought it for. So it’s who holds it when the value goes up is the winner in this.
So you’ve got the 75% that the CBI holds … at let’s say $4 (to USD) … I’m just using USD for this example … it could be different numbers for different currencies.
That means they’ve got … it’s only going to take them 25% of the 75% that they have in to offset what’s still out there. Keep in mind … they might not even have paid that much to gain those for it to be a wash.
They might have gained that 75% at half that … so really they’re only going to give up 12.5% to pay off the remaining 25% that’s out there. Do you follow the formula that’s on the spreadsheet now? Follow the money!
Even if they did it dollar-for-dollar … it would take the 25% … which reduced them to 50% to buy-back the outstanding dinars. Which you’re never going to pull back in all of your dinars anyway. The banks are going to hold them. If the banks hold them, other countries in the reserve -- you're ’ever going to pay for them. There just going to sit there just like gold sits there.
So for those who say there’s not enough money in the world to pay for an RV … it’s a bunch of BS. Because it depends on what they paid for it and what they control.
In other words … let’s say that Iraq has 90% in their control and then they do private contracts to sell oil to the other 10% that’s outstanding … and they get all of their dinars back … they are basically a debt-free country.
They need some lower denoms for circulation around their country … but as far as out-of-country … we just do it digitally. What does it cost us?
There is clearly somebody out there in dinar-world who does not understand whatsoever the concept of following the money! Just like when people say that “when the US dollar comes home to roost” … believe me … there are many countries … some that don’t want US dollars … and they start devaluing …
there will be countries that will grab it left and right – at a reduced price. Because they know they are the number one consuming country … and they’ll be able to buy more goods with the contracts they have in place. That’s how you follow real money.
For those who say you can’t prove to me how it’s going to be done, the first thing that you have to do is open your ears and be willing to listen. Just because somebody disagrees with somebody else – doesn’t make you right, because you haven’t been proven otherwise. Especially when you’ve been told and you blow-it-off.
Some people are so far down “rabbit-holes” right now … and using their so-called status quo as a way of leading people … you can’t lead people if you … still yourself … don’t understand how to follow currencies and how they work. That’s why you can’t just convert back to 100% gold backed currency.
Believe me, the USA is not going to be hurting if that was the case. Why? Because you cannot show me that China has what they quote they say they have. If you’re claiming that they’re honest … because you’re following a certain person … you’re mistaken. Why are you not able to educate these people? I’ve had these conversation multiple times on how to follow the money.
There always is a buyer … and a seller of currencies … trillions a day! If you tell me it doesn’t exist … I’m sorry … it does exist.
If you think that this is going to change overnight to the point where gold is going to rush sky-high … there is no true way to monitor what gold is going to weigh based on the hoarders in the American public let alone the other countries.
Do you think citizens will tell their government how much gold they have – based on what’s happened in the past? They’ll try to take it. It’s in history what they’ve done before.
Why would the citizens ever want to go back to a totally gold-backed currency when the government can take over and control the wealth of the people? Think it through people.
I’ve shown you an actual appraisal that shows quite an substantial amount of precious metals in just a 10 acre parcel … has anyone else ever shown you any proof that they have? No.
Do I get offended or get my feelings hurt when people challenge me on that? It doesn’t hurt my feelings … but it disturbs me when people say things and it affects my kids.
For those truth-seekers … there will come a day … (and I hope it doesn’t happen to you) … that you’ve ever made a mistake and your kids are told horrible stories about you that are not true. Things that are not factual. I don’t own a baseball field.
I don’t collect anyone’s dinars! Don’t fall for the internet BS that is out there! You’re going to lose your currency if you believe that stuff.
So … what is the purpose of the $833 Million Dollar Loan? Was it in USD? Was it in IQD? Let’s open up a thread and we’ll discuss it. Don’t just rely on one article.
SPREADSHEETS – I’ve been asked to stop for now about the spreadsheets. I do expect that all the auctions will appear. ;)
Many people ask about Indonesia and Vietnam. Are they ready? They are ready … but they don’t want to create anymore speculation on these. I don’t talk about it. If it’s time – it’s time. If you do anything on these … you’re doing it on your own. I don’t sell currency.
Is Vietnam is mirroring Iraq? Yes … but you don’t see it is because very few people pay attention to it. I called it the 5-legged horse from the beginning. There is nothing to talk about. You either have it or you don’t.
Vietnam merging banks and using USD? Hey … it’s free money … (think QE) … lots of countries have done that.
What about Vietnam and the TPP. What do you think BackDoc?
BACKDOC – it does appear that they are moving quite quickly on that agenda. I see this as a major trading agreement (TPP) not just with Vietnam – a lot of countries. The agenda … companies like UPS and FedEx will be a part of this trade process. Some countries will have some equality in this process. Some will exploit their resources. This is a very comprehensive deal.
PIF – we just created a navy to protect that.
BACKDOC - You can’t be worried about the Yuan taking over tomorrow. 80% of the contracts in Vietnam will be settled in dollars. This allows Vietnam to control their note count. It’s amazing … they did this in plain sight. Restructured 80% of their debt in USD not VND.
PIF – China doesn’t want to lose our business to Vietnam. Basically China has done to the south pacific what the USA did to South America – in a way. I think China has a critical situation on their hands within their own region.
Even though China is set up to use the BRICS … what will they use really? It’s just an option. China will still take the USD. LOL. Iran wants to sell oil ... so let ‘em sell it in Yuan. Give China some recognition … make them a little happier.
It’s not all about “bad people.” Stop buying into the notion that there are secret people that you don’t even know about. You can’t tell me that these well-off families don’t know who the other well-off families are. We’ve only become stronger because we remain consistent.
BACKDOC – we know that all of this trade will have a major impact on economies. When you look at the new port being built between Iraq and Kuwait … the estimates are that GDP will affect some countries to the tune of 35-50%! Plus a massive port is being built in Vietnam. How will that be for the GDP of Vietnam? This is a much bigger deal than what most people are giving it credit for. That spells confidence! ;)
PIF – So what about contracts with Vietnam, Russia and China and how the VND becomes an intermediary currency between those --- especially factoring in the BRICS. As you know, the USA is not a part of the BRICS. But the USA can use the VND as a tool to manipulate the BRICS. Remember, the BRICS is NOT a currency. Some say that they’re going to come up with a 100% gold-backed currency … but remember … all that is … is a piece of gold.
I live in a state where “gold” is a currency – and there are a few other states in the US that do as well. Do they really want to get rid of the currency and make “gold” their currency … OR … do they want to pledge ASSETS against it … in case the country can’t deliver? No one is going to have their currency flood in … in one day … and have to give up their assets. If they did … they would get all of their money back. Ok. You have to understand what currency is.
Can you imagine how fast a small country … if we went in and took all of their US Dollars ... whatever they call it … in fact … let’s say for minute that the dinar was 100% gold backed.
This is a good example of WHY they WON’T DO 100% GOLD BACKED … there is NO WAY any country will make their currency 100% gold backed. National security is one reason.
If you are a smaller country and you pledge all of your gold against your currency … and a big country like the US comes in and takes all of your dollars in trade … and they say … “ok, we don’t want to trade with you anymore … so here’s your dollars … we want all your gold.”
All of the sudden – they have NO GOLD! We own you … thanks for playing. Follow the freakin’ money. They’re NOT going to do it! There’s NO way in the world! I don’t want to live in a country or be allied with a country who is foolish enough to take their nest egg of gold and pegged 100% of all of their natural resources – because they could be taken over!
So why are countries buying gold? Because it’s cheap? No – that’s not the case. Dinar-world has everyone convinced that gold is going up. That’s not the case.
Gold is still high right now – it has been higher. When most of the gold that was bought … the US sold because they knew they had a lot more than what they disclosed – and they sold it for top dollar. Some countries like Russia and China bought high.
No stories come out and say that you can’t find gold. Well … there is a lot more to the story to those who say there is not enough gold and that we’re running out. There is a lot more gold in the ground than most people know.
BACKDOC – that’s why they are evasive about it.
PIF - Would China be crazy enough to say that they paid $1,200 an oz. for gold … what happens if gold dropped to $300 oz. Oops! How much would they have lost on their currency? What a huge mistake! This is basic economics. Notice … gold hasn’t moved.
Q: What about Sterling?
Here’s the situation. I can only speak of what I know. This is a touchy topic. I’ve always commented to you all … the truth will come out in the end. I have to keep my mouth shut on things and let the truth come out … someday. The only thing I can do is to tell you to save your receipts that you’ve done business with … with anyone.
You will need good people around you when it comes time to exchange. I don’t say a lot … justice will play itself out. It’s not important that someone made a mistake … the mistake is trying to cover it up. My heart goes out to anyone who is hurting.
I’m not waiting until this happens to pay it forward. I don’t talk about what I do to pay it forward. Others will talk about “things” – because that’s what they do.
There are a lot of people out there who are being misguided. I beg everyone to do the right thing. Don’t give up your dinars! Why do you think the bankers are getting into trouble? Because they’re trying to play both-sides.
Save your receipts and not day one when this happens … but give me about a month and you’ll get more details about pay it forward. I’m not asking for anything in return. Pay it forward is about giving without others knowing about it.
Pifpifpif.com will be around for generations. We know who we are and what we stand for.
What other crazy things will occur as we near the home stretch on this?
Watch for countries settling debts as indicator that the RV is near.
Don’t give up your dinars to anyone!
I did offer an invitation to DS. I offered to take him up on his challenge – a debate. I haven’t heard back from him yet. It’s time to learn how to follow the money. I know who the people are in this industry. Exaggerating things does not help people. They need factual information that can be backed up.
Thanks to our team, members, everyone for their help!