I want to apologize in advance for the bad notes below. I did not have intentions of taking notes during this call, but almost midway through, I decided I better take notes because of the topic. So almost half of what I wrote was from memory while multitasking (trying to memorize what was being said so I could take additional notes).
I will try to summarize this information later, if i can. This was all about global settlements and the RV. I mentioned in an earlier blog that I wanted to learn more about global settlements. I think I learned more than I wanted to learn. I think you'll be shocked at what was said just as I am. Read on!
Links to recorded call (2 parts):
1. http://tinyurl.com/477284w
2. http://tinyurl.com/4qzzhlo
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· Global settlements are designed to take down the central banks and the federal reserve
· The RV will not happen until the global settlement payments are released, which may be tonight
· China is in control and they are in Washington meeting with Obama
· 19 countries are saying that the Fed Reserve will no longer be in charge
· The settlements have been accumulating for over 30 years
· George H Bush stole the money. Now the countries want payment and China is in charge of the payments
· June 15th – June 30th of 2010, China was to release the payments
· May 11th China announced that there would be a basket of currencies
· Obama has been dragging this out
· Treasure notes will be given – not fed notes
· Fed notes will be removed and replaced with treasury notes
· There will be an adjustment to 401ks
· No immediate change to currencies; Geithner’s new 100 dollar bill; currency is already printed; planting seeds in American’s people’s minds
· Not enough gold to cover all the money printed, but enough of precious metals and golds; 80% precious metals and 20 % gold; this is why you’re seeing these rise
· Why is this happening?
· Obama is spending a ton of money because he knows this will zero out
· Kuwait says they will revalue our currency when the treasury says they are ready to go
· The value of the USD will be held against 80% precious metals and 20% gold
· Our dollar will not be worth a dollar; we caused hyper inflation, which is being discussed with China now; all countries are experiencing hyper inflation; this is why a reset is necessary
· IMF changed things so that countries can monetize their assets
· China picked up all their gold in England and brought it back
· What is estimate on what the treasury dollar will be worth against FRN; Okie thinks it would be worth less in purchasing power because we don’t have much precious metals and gold
· Gold is not at an all-time high; when they find out how short they are on gold, it will shoot gold through the roof
· England will come up very short
· First trying to get currency situation under control
· Then later announce there will be a metal backed currency
· Thing 1 thinks the currency note will eventually be worth a dollar again
· Between Montana and North Dakota, the US has the Balken oil field, which contains more oil than Saudi Arabia
· We do have the resources to back our currency
· How will the reboot world-wide going to affect the soverign nations like Portugal, Spain, Greece etc? The reset will help because their debt will be wiped out and they will receive a couple trillion
· IRS will be phased out and restructured
· Will this cause a panic? MPR did a 2 hour session on currencies; what the Feds have done to crash the systems of countries world wide; They are trying to educate people slowly; Feds closed down and seized assets outside of the US; this was part of the effort to fund the global settlements
· If this reboot goes worldwide, will it erase all countries debts, or reduce? It is a global reset, which means they have to forgive debt and revalue. Then, everything will start again from ground zero. Based on this, this is why all the currencies will revalue after the global payments are settled.
· Robert Mahue headed up group and created this plan; he did this because the Fed Reserve is bad; he wanted to save Americans
· A lot of the gold in Fort Knox is being held for other countries and the US doesn’t own much of it
· Will it erase the US citizens’ debt? No
· Fannie Mae and Freddie Mack will be gone
· Derivatives and OCDs will be deemed worthless; who will be responsible? Fed Reserve will be long gone
· 6.2 trillion will be given to the US when global settlements go out to refund the treasury
· How will this affect us when we cash out? The Fed notes will remain good for a while until the treasury notes are being fully utilized
· What will happen to our debt with China? No answer
· Global settlements must be released, Fed Reserve will be removed
· 19 countries are involved in the global settlements; 19 countries will revalue
· How will this change affect our investment? This change will allow us to be paid
· Oil will be traded on the GCC
· In terms of the value of the dollar today, will our investment have the same value? Yes
· Settlements to be released tonight will refund the treasury; Fed note will equal a treasury note
· NOTE: They just got word that Canada announced an RV; they think Canada announced the Iraq RV;
· Some currencies will be devalued and some will be revalued; not sure which countries will be devalued
· China will be a super power in the next 20 years; they chose to partner with Canada, gold companies etc. to remove the Federal Reserve; they wanted to make sure that the Fed Reserve did not turn the US into a 3rd world country; if it were not for China, we would never see this take place; China is expediting this; they’ve been very patient; they’ve lost a lot of money due to American Wall Street; they held their currency for more than 13 years waiting for this situation; China basically saved us Americans;
· This is a redistribution of wealth
· China stood up against the illuminati to protect the US from becoming a 3rd world country
· Speaker spent many years in China; says they have been patient; worked hand in hand with Canada; Canada will bring the US out of recession; Robert Mahue worked with them
· China is going more towards domestic consumption vs importing
· Hyper inflation that is going on in China is substantial
· China must have a US that can support their economy
· If we can’t buy, they can’t build
· China didn’t want to get left holding the bag
· We have a currency that is backed by commodities; our industrialization has decreased over the last 30 to 40 years; we’ve been buying with printed money that is not backed by anything; now all this debt goes away
· 14 tril in debt is the debt of the corporate United States; we will become a republic; the 14 tril will be forgiven; global settlements will fund the treasury with 6 tril; should have a 10 tril surplus in 10 years
· When they cash in the dinar, the treasury will get more money
· If we don’t use debt to create money, everything will work the way it is supposed to
· Fiat system is a debt based system
· Everyone is in favor of this plan; Obama is not; illuminati is not in favor of this; Obama will lose his job
· G19 is in favor of this
· The shake up of this will be worse than the long-term effects
· Illuminati have been fighting this for more than 20 years
· The greater good is winning against Illuminati
· This is supposed to happen tonight
· Bad guys hold dinar but have had a lot of it seized; China is wanting to make sure that Dinar is accounted for
· 20 countries vs less than 5,000 people (bad guys)
· US has just printed and printed money; this has to stop;
· In last G20 meeting, pulled Obama aside to have words with him about allowing Bernanke to print more money
· If we do not change now, hyper inflation around the world would be horrible
· You must back your currency with a precious metal
· G20 will continue to meet regularly to ensure that no one cheats
· They will restructure the world bank and the IMF
· Trying to replace the individuals with people who will help with this cause
· G20 will likely develop some force that will maintain stability
· Will see if global settlements are released tonight. If they are, then we should see the RV
· Will try to have same guest speakers back on the call tomorrow
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