Memphis » June 6th, 2013, 7:19 pm •
Good evening family. This morning I made a few quick posts and then woke up to discover that they had been dragged over to another website (left unnamed) that specializes as a sort of clearing house for many forums and the current thinking.
Although this has happened often, my postings from today on KTFa did not lend themselves easily to a wide audience that knows nothing of me, Eagle1 or our 'heart' hear on this forum.
For that reason I felt it worthwhile to post a reply just now ON that forum in an attempt to bring understanding to some of the 'haters'! (Yes there are some mean ppl in the world)
I say all this by way of introduction to THIS post. Below is a copy/paste of what I just published as my reply and I am bringing it here in the off chance that one or two might find it interesting...
quoting myself (LOL is this vanity?)...
For the past 9 months I have taken a back seat approach towards posting on the dinar. This has afforded me the opportunity to be a better student of the big picture as opposed to dissecting all the Iraqi news into a paraphrase that could be read by real humans.
Read more Link on Right
Even today I carefully avoided adding to the (RV) hype in my (now rare) postings on KTFa.
Understandably, many take exception to claims that appear sensational and contrary to our own experience. To this I will give you just one quote that was received by Eagle1 on Monday.
This comment (a close paraphrase) came from a man who is CEO of one of the world's 10 largest financial firms. In reference to the global currency reset he said this:
"This is going to be the biggest financial event the world has ever seen."
Although not intended as a defense I would like to speak briefly to the comments here and use this quote (from above) as a starting point:
"Currently the US is Basil III compliant right? Wouldn't that hold the current value if it is true? If we are not really Basil II compliant until the value of the USD drops by oh say 50%, then how can we be Basil III compliant now?"
The FED (and a few other Central banks) have missed several deadlines RE: Basil III compliance and this for good reason. The FED cannot meet the Basil requirements and this is central to the present discussion of the USD.
Meeting the Basil protocols will necessitate a reset of our current monetary system. There is no other way. Will it take place in June? Although possible, we are hearing dates as far out as October.
My own studies have found (credible) projections as far out as 2015.75 but the state of affairs that I see in the world tells me it is much sooner.
For example, has anyone studied the published results of the FED advisory board meeting last week? Folks this was troubling! THEY are starting to tell us whats coming. For these things to be openly stated by them (if you can discern the 'plain language' of their flowery speech) has caught my attention.
As I told Eagle1 last night, such statements must necessitate that the prudent course is to expect things to manifest sooner rather than later. To conclude that the system is to reset in October in light of last weeks report is not logical as it gives ample time for anyone who is truly watching to simply "get out of the game".
To those who subscribe to the premise of "follow the money" I would point out that there is strong evidence that many of the power players are already getting "out of the game". What's that? You want names?
OK, start with G. Soros and W. Buffet. These men are now effectively out of the US banking system.
One last point...
Ask yourself WHY we have seen a rise in the USD this year. The study of financial cycles and (international) capital flows (although relatively new to me) is a game changer in our understanding of whats coming.
The most recognizeable catalyst towards this unjustified rise in the $ was Cyprus. Although it began much sooner, the eyes of the Western world were final opened to the much bigger plight of S. Europe (and other EU nations most notably Ireland)
The entire world has been herded like cattle into the USD and this increase in the velocity of the $ has artificially and temporarily given it a high exchange. This is not reality.
I liken this to a river overflowing it's banks. Picture this scene with me as the wildlife scrabbles towards high ground in fear of the rising water. In a relatively short period of time, their is but one lone hill that stands above the others, the one last bastion of safety for these creatures to save their very lives.
They did not have to be taught this tho. It is embedded into the deepest levels of their DNA by their Creator! THAT is the USD at present.
The USD is that safe haven that so many have fled to but sadly their instincts have not fully prepared them because they do not see what is below the surface. The current beneath that is eating away at this place of apparent safety like a dam that has been slowly breeched by running water.
Central banks and people of influence the world over are (and have been) meeting quietly behind closed doors planning their quite escape from the USD. THIS is reality. Look at what the BRICS nations are doing as a good starting point to this study.
For the serious student, look a the recent meetings of the GCC and their 'concern' over the huge North American boom in 'fracking'. THIS is a game changer in the oil industry and the GCC has taken notice...publicly.
Additionally, OPEC has grown weary of the 40 year old arrangement for the petro dollar and is already making side deals.
The bottom line here is that as the demand for the $ across the globe declines these >_s are coming back to America. As this trend escalates, inflation will rise proportionately.
At the risk of rambling here let me mention one more thing. S. Europe is not even the elephant in the room. THAT would be Japan's bond market. When Japan begins to experience inflation it is expected that they will be the first to implode and in case you have been living under a rock this week, they are (by necessity) now INTENTIONALLY trying to force this inflationary cycle to stop the bleeding.
Their central bank Gov's intentional and repeated devaluing of the YEN for months is ample evidence that things are becoming untenable.
I know this post is lacking in focus but these are some high points that seemed to speak to some of the concerns above. I must state tho that we ought not to be fearful of these events.
God, who knows the beginning from the end, has everything under control and my only concern in the days ahead is that I remain sheltered beneath His wings (Ps Ch91) as I do my best to prepare for my family.
I will now recede to the background (where I belong) and let Eagle1 take the spotlight in future postings.
Let me leave with these words...
When we see an event that might cause us to freak out or to initially be fearful, be encouraged as you remind yourself that God was not taken by surprise.
He not only knew about it beforehand but also allowed it and has made a clear path for you THRU it!