PIF Update Emailed to Dinar Recaps
Recaps Note: MR = Monetary Reform & DW = Dinar World
PIF update 12/29 5:00pm MNT
Thank you everyone for taking a break and hopefully, you, like me, took a little time for family and friends. Not that we are not friends. I wrote a post every day we were laying low, I have to deal with emergency rooms for family and tough moments and in the end, it is just a new beginning.
I choose not to share any of them. It was a tough thing to do. I love to interact and share. We all learn. Remember, the best teacher is the student. Your questions also help me and so many (when we don't do rate and date) So, let's visit a few items of where we are.
1. Global MR: (Monetary Reform) This is happening everywhere. See, there is lots of talk about the Brics (notice what China is really doing, buying other countries debit). Getting their USD and what is climbing and just might benefit from the MR with a new asset backed currency.
Just remember you will now start if you have not hear of this happening. There is a lot of people that will spin it another way. It is a positive change. However, the US citizens use USD. In the US, the currency is USD. It will, however, be done the same as other countries.
Now, I am simplifying it because we have discussed this many times. It amazes me the cheer-leading that goes on about how the Brics are taking over. It is not like that. It is a part of MR for every country. The change in MR is currencies are backed by assets.
So, what ever we want to call the adjective (TRN) it will change and that's the change you want, of course, for the USD. Internationally, the USD will change to asset backed as well...introduce TRN.
Now, it doesn't have to be done physically over night (as I have explained before we have had both fiat and assets backed at same time). It will be the transition of the new international notes.
However, digitally, it will go live just like all the other countries (no fan fare). I asked you to ponder what is said in DW. So, here is a question, not an answer. How much money does the Brics bank have?
It is asset backed, correct? 100b is what is said. Well, the USD, if it is asset backed, has more than anyone. Gold and other assets are kept off the books and will find itself appearing all over.
This will drop the value of gold before it goes up. Why?
People and banks will want it to be counted as an asset. The demand will still be there. There is a lot more to explain on the gold which maybe I will do this week. If it was only about the Brics, how would things really change if so many banks and countries hold USD?
See everyone needs a bigger fix then collapsing it. Now, we can look at what is real and what is possible.
If the new, asset backed currencies are brought in 1/1/15, then, it still allows for a transition from the fiat based currencies. It will start to correct itself without allowing countries to fail as long as they have a ratio of the assets to currencies out in the world.
It will also clear up the tracking of currencies and why it is important to prove what you have. So many people spin things like the clean and clear funds letters. If you exchange, they will know it is clean and clear. It is more about seasoning of funds when you buy something and need a down payment.
It is the way it is done. Yes, I am licensed on that topic. Now, if you pay for a house with cash, they will want proof of funds. So, they know you can get a loan or pay cash. A lot of DW confuses the two items.
2. Groups: Well, let's discuss the wishy-washy stuff. No names needed. Hey, I believe all should explore all opinions. However, if you think bashing other's deals and that your group is the only opinion because you say so and yet offer no proof of your deal, well, DW (Dinar World) needs to wake up!
When the story changes back and forth on process, it should be ok to ask the group leaders questions about it. I know I get asked and I answer. I don't have much to say about other's groups as time will tell.
Now, when the answer changes and group's deals change and the people that tell you that the bank is doing emails and then not, well, you need to educate yourself. The UST and WF said they are not involved. Well, if that's the case, then, no one will go.
Also, any banker or agent can speak as if their deal is the only one. Let's face it; they all have agenda. The 800 numbers and emails from the bank is suspect at best. There are laws, rules, and regulations against that. Look them up. All banks and all US citizens will go through a bank even if it is a China deal.
If you have to go through a bank, then, it will go through a few agencies, indirectly thru UST even thou anyone can deny it from WF and UST. So, anyone stating it is not the case better give you cash transaction. Well, that may be an issue for you.
It is not based on fear, it is just educating those out there that are only looking at how quick they can get in. If you mess up because of someone else not following the rules, it still may affect you.
Will it stop the exchange? No. They will deal with it as it happens. Until it happens, they will not waste their time. If a guru is sending out 800 numbers from the "bank," it maybe ok if it is the guru doing it.
The bank, itself, can't solicit or entice you or anyone. So when gurus go back and forth on whether the email will come from bank or leader, one should look to see the law, rules, and regulation and not what they claim or try to make as fact.
If you have waited this long, don't you think you should find out for yourself from your own professional and not the guru claiming it to be fact? If they claim that it is not the case, check it out for yourself.
It is best for all. So any guru that likes to get mad at me for educating and asking questions, well, so be it. They would rather deflect and question the transaction I have.
So, let's answer a few basic things. Some people didn't do our transaction because they had an option of a thumb print or a notary. It is no big deal, the banks want transparency and to know who they are dealing with.
After all, the other leaders say things like "finger prints shouldn't be given;" well, have you gone to a bank and cashed a check at a bank you don't have an account with?
They ask for thumb print as proof(think another DW myth). (Dinar World) Just because someone has a thumb print, it doesn't mean they can steal your identity.
If someone is going to do that, they would do it in a way that additional things are not needed to prove it is you. Think about it for a minute. How long have banks been asking for thumb prints?
I have been a notary; fear is what people like to put out there when they don't agree with someone else's process. Well, it is ironic they can't explain their own process because they don't know yet.
If that is the case, how can they answer for others? Sounds like a double standard. Bigger doesn't make it better. After all, I have yet to see any group exclude someone for having multiple options. Why not?
Why bother even putting others down other than address the common sense of awareness? It seems when people, you, ask questions about certain groups, those group leaders rather talk about other's policies and put fear in it without even looking at common sense.
Banks and agencies are the same ones all banks will use; and, it will be that for the US citizens.
So, the group leaders out there need to realize they are not the end all, be all of information. No one knows the time or the rate. My agreement is based on a formula not a rate. It is transparent.
The process would be the factual stuff you can get because it will be the same for all, unless you don't have an agreement yet. Time will tell; however, I will not want to be in that position afterwards.
Who wants to be around the drama after they exchange? Many think NDA is a bad thing. It merely protects you as it keeps others that go through the process from sharing the details, not the fact you exchanged. Again, fear by others is why people get worried.
Those are the people that you have to wonder what their agenda is in creating fear about a NDA when it works both ways and protects you from others sharing things they shouldn't.
After all, all bank transactions are private. So, this reaffirms that it is private. That's it.
Also, I am sure you know the laws like not to do illegal things with the proceeds.
This, again, just reassures you that others, and yourself, will do the right thing. Whether they sign NDA or not, the laws still apply. So, why would you fear the laws already in place? Only thing I can think of is agenda. So, do your homework and understand NDA, basically same laws apply.
3. The proof of your ownership of currencies: This is necessary to discuss because of the collecting that people have done. Just because they have collected doesn't mean they are bad.
It's just that they want to make sure the currencies go to who it is entitled to go to. Real simple. Smaller the amount; the easier to exchange.
Those with little amounts need it almost more than others in a financial way. All deserve what they bought. Entitlement though, as in demanding, is not the way business works.
There is truth in most things stated and it is more about how it has been spun. See, global MR is important. Just the RV is not enough to fix things. That's why multiple corrections are taking place.
By showing proof of your currencies, it will also help when you document it for any taxes you must pay. See, it is really straight forward. I have yet to see anyone's papers that makes it that you don't have options to exchange.
Listen with your ears. If they talk so much about others, and here is the key, they don't even have a way of backing up their own deal. How can they even know what is real or not?
Those are the questions I would ask. If they say the reason they know if it is real or not is because of their connections they have, well, it is simple. That same connection has not given them the agreement.
Let me ask you this, do you think others don't have contacts as well and everyone is living in their world?
See if they can (leaders) tell you an agreement on an exchange is bad and next sentence tell you they don't know the exact details of theirs until you call and go to appointment. Opppsssss.
How can they speak about real if they don't share the details and have it in writing? These are questions I have asked of the people I deal with. Your entitled to know and ask questions.
Answers you need to take with a grain of salt. No one leader has all the answers and the only contacts to do a transaction. However you need to ask the questions.
How happy will you be when you go to appointment and you don't like the offers, due to the fact it has not been disclosed. Interesting fact and you are entitle to ask these questions and ponder the answers.
Well enough for now and enjoy the new beginnings coming your way. PIF