gratefulheart : In answer to your question Frank…
I grasp the seriousness of the proposed governing controls that the central banks, IMF, BIS, etc will bring to the entire global community. This is about so much more than world economics and taxation. It's about total control of human lives. The information we are reading and learning gives us a front row seat to world changes. Prayer and preparation is vital to the survival of us and those we love. Having said that…for purposes of our investment…IMO:
We DO want the CBI to be in control of the $ (as opposed to the GOI pilfering or outright mismanagement thru bribes, theft, etc………….or the US protection of DFI funds---because with the CBI being in control of the $ this shows that Iraq is now mature enough, responsible enough, and ready to manage themselves.)
Who would give the keys of a hot new sports car to an immature, irresponsible teenager?
The power of the vehicle alone would be enough to bring certain death to the kid AND as many friends as they could pack into that car…if not handled wisely.
So yes…I want the CBI in control of the money. If memory serves me…so does the BIS. Didn’t they tell the GOI to tell the CBI something similar just a few days ago? Sounds like they are now ready. IMO
Let’s see…..what else is ready?
• ISX—all systems go
• FATCA agreement in place (so we can all pay our taxes)
• Elections done
• AND NOW (thank you Walkingstick for this nugget!!!—a satellite ready to be launched)(for what purpose?)
Might as well go ahead and say what else I think…IMO:
Maliki will get his 3rd term
Government will seat when they see a real need to
Kurds and Oil---going as planned (scripted) and the $ held in Turkey banks juuuuust waiting for the new rate so they can BOOM…go on with their plans for expansion/tourism/possibly even separation from Iraq...IMO.
I get so weary of the “we’ve heard all this before” comments. Do false labor pains mean there is no baby??? Do the rumblings of an earthquake tell us there is something bigger coming??? How about distant thunder--does that reveal to us a storm is on its way???
Good to stay grounded and wisdom to carry on with our lives whether this ever produces the fruit we want it to or not. But we have NEVER heard some of these news items before. The lava flow is sizzling…IMO.
Frank26:m And my TEAMS do a .............. STANDING OVATION!!!
BRAVO!!!!!!! KTFA, Frank
Message from BGG: Based on what I hear from my contacts (not various other researchers or Gurus), I am very encouraged about the state of our investment. I will say this - no matter who is "elected" or what the various twists and turns - it is unlikely we'll be at this for much longer.
No stopping now Posted by Philip T. on June 1, 2014 at 3:43pm
ok according to what's really going on in the background everything is downhill…
if anyone tries to stop this now they will catch a bullet…. at this point anyone tries to stop this now they will find a pair new bracelets …..anyone trying to stop this now they're not invited to my party.
As far as we know everything that was been stated previously is golden. do not accept FRNS. USE A NON INTEREST BEARING ACCOUNT ZERO'D to start. Put a small amount into your cash account this money can be frn. and move your funds to aviva/ athene.com holding. Enjoy your money
Seminole on June 1, 2014
With all of this misinformation going on this weekend, can you tell me the status of the redemption of the Chinese Historical Bonds? My understanding is it has already started with trading platforms. Can you explain. Thanks
carden June 1, 2014 Seminole, I will explain this for you …You might also want to post this in the forum.
For the newbies: the Chinese Historical Bonds like the Historical Mexican Bonds, and German and Brazilian, (to name a few) are government bonds which were issued in previous years and some even have coupons which have been collected.
These bonds were issued by a sovereign government - one with a CENTRAL BANK - and sold to an entity which might be an individual or a corporation.
The bonds are termed "historical" because some are issued in the early 1800's and others such as Brazilian LTNs (long term notes) are from the 70's.
These bonds, like all paper issued against an asset, freeze that asset until the paper is remitted - "redemption" is the term used. Once the bonds are formally accounted//verified by the third party expert (various companies and at least one in each country, with an acknowledged authority for authenticating such historical paper) they go into the system.
The "system" includes: that country's central bank; the UN, which approves the release of funds against the bond, the BIS; the UST which again confirms the ability to release new paper against a new bond based on the value of hard assets released and supported by the "private monetary system" including several additional entities.
With that explanation is it any wonder that it has taken YEARS to get this process to completion? And YEARS is the right definition. So much "fraud" has been "uncovered" in the process of claiming these bonds. And the word fraud is in quotes because many normal people got caught up in this unknowingly.
Each central bank keeps a ledger of every single bond ever issued and the owner's name is found there. Like all properties ownership is tracked, It's been a challenging situation.
That said, it is my opinion that we have gone past the finish line and bonds are being redeemed and cleared and new government bonds are being issued.
We can surmise that by one single demonstration found last week when the market saw an all time high in bond sales (I believe it was 10x's more than ever before). This, if nothing else, demonstrates exactly where we are.
We are at KABOOM stage! Hope that helps your understanding.
carden > carden June 1, 2014
I might add that the reason these government bonds are able to be "redeemed" is because a couple of M1 accounts - "Heritage" accounts; were released.
Only after this happened (which was back last October, I believe), could this process begin in earnest, and it did...
More "frozen" accounts are still being held and these are all allocated for various things you have heard about. The legal maneuverings to release these accounts is continuing in earnest.