Truth & Growth Education
Tuesday, 09 December 2014 14:26
Mountain Goat RV News! Dec 9/14
I will be posting RV Bank training for Canadians shortly. USA RV Bank updates www.tntdinar.com Bank training www.tntsuperfantastic.com www.tntsuperfantastic.org www.tntsuperfantastic.net
UU8533 – “So when do we celebrate?”- Mnt Goat
It’s a blessed day here in the Aplines. The sky is clear and as blue as it can be. The temperature is freezing now since winter is here. The peaks are filled with fresh white snow. People have begun decorating for the season of Christmas. Tourist are now flocking into my village more each weekend. Life is good!
Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Please refer back to my last news letter of 12/5 (LINK) as this news letter is a continuation of this news.
I see many of you are still edging on every word of news poking to find a hint of RV. Some even follow ongoing global financial news and figure it all hooks up to the Iraq RV. This of course is very silly. You should relax and enjoy the preparations before Christmas. You can not live everyday for the RV. It is not healthy and is very stressful.
So today I come to comfort those in this situation. Again I say relax and enjoy the holiday season. The RV is coming shortly and I can guarantee you of that.
I want to point out a few things to you and stress their importance in this RV saga. These items are all important because, even though I feel this RV is now being delayed , there are still many events pointing out that they can’t continue moving forward without having a real currency.
By real currency I mean one with a true value and one recognized and traded internationally.
First we know for a fact that the government is targeting to have the 2015 budget bill before the end of the financial year. This is pointed out in many, many articles to us. Here is yet another recent article.
More good news I mean they are again stating they want to get this done before the end of the year
Deputy Prime Minister Bahaa al-Araji, the government action on the completion of the preparation of the budget bill before the end of the financial year to suit the global oil prices.
They said that "the Council of Ministers Akif on the completion of the preparation of the general budget in the coming days and before the end of the financial year in the form that suits the global oil prices and give the necessary priority to sectors such as security and defense, health and the ration card and social welfare." He added that "in any case, the government is determined to take the necessary measures to not be affected by this crisis citizen, especially since Iraq's oil country and has a large provision of oil." He said al-Araji, "we have to think, how can we get out winners from this crisis? And through the research and development of the Iraqi state resources other than oil, as well as aspects of knowledge and spending priorities." The prime minister Haider al-Abadi attributed the delay in the passage of the budget bill to the decline of oil prices, pointing to the formation of a committee to review the budget in the light of the data
and the new price, pointing out that he was getting approval from the House of Representatives to cut off his vacation and convene a special session to approve the budget at the completion of preparation.
What does this tell us and why is it important?
It is important because this are also telling us their financial year is Jan 1st thru Dec 31. So now we know this for sure. Put this in your RV cap and remember it. It is very important! Sounds to me like they are targeting a brand new start for Iraq come the new year at least we know this is a target. Maybe they intended to roll out the RV prior, but due to circumstances it now looks to me that they have shifted the new target till after our holiday season.
Wouldn’t you not want to begin a new currency rate at the beginning of a new accounting period? All you accountants out there - What do you think?
This now seems to be their strategy since they are so close anyhow. Seems they keep doing this. They get close and then they shift to a new plan due to delays in implementing all they needed to accomplish. Will they complete on time? You tell me! Follow the news.
Other articles have told us in the past they plan to begin full implementation of tariffs too at this time. I know for a fact they fully intended to implement them in full gear back in January 2014. So what happened?
Iraq needs an RV for this to happen and I have pointed out the technical billing and fee collection problems to you in my prior news letters. We know this for a fact. This is not rumor. They fully intended to have the new currency in place by that timeframe. It did not occur. They have told us this many times.
Why else are they delaying the tariffs now for over a year? Tariff laws all done but not yet in force. Why? There are billions of annual revenues at stake and being missed due to delay. We know they are in a financial crunch. I am telling you why are you listening?
So is Maliki important?
I have also been saying that the fate of him is important and saying this to you over and over again. So have many other but many don't listen. Instead they are bent on dismissing this factor for some reason. He is important and he is a factor. After all he was the "new" dictator. Is this not why the US led a second invasion in Iraq? To get rid of the "old" dictator and his terrorist tactics?
So why now would they then bring back the currency when this bad influence is still in the picture, even as minimal as it may seem to you. In fact Maliki is worst than Saddam. Did the USA not go to the UN to get the currency downgraded and essentialy shutoff globaly due to the "old" dictator? Why turn it back on while a "new" dictator still prevails with any kind of influence. After all he is the first Vice President is he not? They let him have this position. Maliki still has influence since he has millions of followers. I doubt he woould try anthing but this may only be my perspective. This would now happen but the intelligence scenario plays out all the options. Have you ever worked in an intelligence organization?
Other articles are telling us they will have a hearing on the fate of Maliki in Dec (this month) and plan to have the final blow to him done by early Jan. I think he could face his execution too in early January. I think they want to get rid of him and all his goons. Yes – they need to take their time with this since they do not want to seem sectarian. Remember the benefit of having al-Abadi in office is that he is a Shiete and so will look more honest now doing it this way.
Next they go after the judicial system and clean it us. It is all coming in the “judicial reforms”.
Many of you might be aware that Maliki refuses too to leave the prime minister palace. Does this seem strange to you?
This place has been reserved for the new prime minister. Could they force him to evacuate? Yes – but they are waiting. He has been told to get out ! But he persists. Why? So what is in his palace? Why does he not want to vacate it? Does he have a very large stash of USD or dinars? Was he hording cash like Saddam?
We will find out shortly just want is behind door number 3…..lol….. He will be arrested shortly and held for treason. I have some very reliable sources telling me this is coming. I don’t know about you but this is when I open my bottle of champagne and begin the real celebrations……lol…..lol…
One last note- ALL and I repeat, ALL agreements made between the provinces and the GOI must do through parliament and get voted on. The president then must then ratify the agreement prior to it becoming law and implemented. This is how a democracy works. There is also now another layer and it is the Provincial Council (Federation Council) as all provinces must now also agree prior to submitting to the parliament.
I would be cautious of anyone telling you otherwise. They are just once again attempting to pump you up and get you excited to expect the RV to happen today. This is wrong and I do not like these people who do this to you. What am I leading to? This hype about the HCL being done is false hype. There is only an agreement signed by the Kurdistan region and the GOI. Yes- a very good start, but the agreement will be fine tuned as they progress and finally it will end up in parliament for a vote. This will probably happen before the end of this year since they are telling us they want to begin full implementation of it beginning in 2015. So you see it is not “all done”.
So why is HCL important in the first place as it relates to the RV? We are here to learn about the RV aren’t we?
It is important because:
1)it guarantees payments of oil using the “petro-dollar” thus preserving for years to come that at least Iraq will create a demand for the USD and thus help keep the petro dollar alive, at least for now. The USA is very, very happy and this one item alone I know they have been waiting for prior to any RV. I have mentioned this to you many times already in my past news letters;
2)more security in Iraq since Baghdad is now working together with Kurdistan as one united nation and not fighting each other. I have told you many, many times how Iraq needed a stable environment for the market place to operate in the new environment post RV. Now we know for sure they are going to get it;
3) assurances to big western run corporations coming into Iraq to do business that they can operate in a safe and stable foreign country;
4) more revenues for Iraq since they can finally get the oil pumping to maximum output;
5) guaranteed revenue to the provinces thus they can distribute % it to the citizens. Also have funds to build up provincial security forces to protect the self governing provinces (remember the de-centralization plan?, but it cost money to implement). Happy and Content people are less likely to riot or join terrorist organizations.
Now that Maliki and his goons will be gone shortly, peace will come to Iraq. Remember he has been instigating this constant state of fear and bombings throughout Iraq.
Some say Iraq will never be peaceful and that they have been fighting each other for thousands of years. I disagree! This kind of thinking only creates hopelessness and more despair. What Iraq needs is hope and unity. I think it is here and is slowly taking root through trust and finally honoring agreements made by this new government.
So we can now expect this tourist mecca to pop up suddenly over the next couple years. Wait and watch for this happen. It will be amazing to watch! Will you visit Iraq? You just may have that opportunity.
But first Syria must be dealt with and there is a plan now in place. The US ground troops now have the long awaited immunity and they are also allowed to once again occupy the needed bases to stage aircraft, ammo and supplies for the upcoming battles to be raged in Syria.
Will the US and Coalition forces rage an all out “shock and awe” battle with Syria?
Or will they slowly fight the terrorists in small ground battles? These are the million dollar questions. We watch, wait and hope that whatever strategy they have it is quick and decisive.
This all brings me to yet another set of questions. Was ISIS infiltration into Iraq from Syria intentional on the part of the USA as well as Iraq (Maliki) ? Did it just happen or was this a carefully laid out plan? Kind of like letting a tiger out of the cage and hoping it would attack someone. Once out of the cage it is uncontrollable but nonetheless served its purpose. How do you get the tiger back in the cage? THINK ABOUT IT !
Then when can we expect the RV?
I believe we are in a rare opportunity and window like never before. In the coming month’s timeframe we should expect the RV. Remember I am not predicting the RV just passing on the evidence and from it derive my own conclusions and pass them along to you. All these events now happening are interconnected. There is no one event holding up the RV. We are so very close!
Peace and Luv To Ya All,
Mnt Goat www.dinarrecaps.com
Target Stores - Sad News
TARGET STORES ARE NOW IN CANADA , SINCE MARCH OR APRIL OF 2013. THEY HAVE TAKEN OVER THE ZELLERS STORES. TARGET IS LOOKING FOR NEW AREAS AS THEY ARE GETTING A VERY BAD RECEPTION IN THE U.S. MAINLY DUE TO THEIR NON-CHRISTIAN ATTITUDES AND POLICIES.
TARGET STORES HEAD OFFICE IS IN FRANCE . THE OFFICE IS NOW MUSLIM CONTROLLED, WHICH EXPLAINS THE NON-CHRISTIAN ATTITUDE.
Target Stores What a surprise! Wasn't it last Christmas that Target refused to let the Salvation Army ring their bells in front of their stores?
Dick Forrey of the Vietnam Veterans Association wrote:
Recently we asked the local TARGET store to be a proud sponsor of the Vietnam Veterans Memorial all during our Spring recognition event. Remember, there are also Canadians occupying space on these walls.
We received the following reply from the local TARGET management: "Veterans do not meet our Area of giving. We only donate to the arts, social action groups, gay & lesbian causes, and education." So I'm thinking, if the Vietnam Veterans Memorial Wall, and Veterans in general, do not meet their donation criteria, then something is really wrong at this TARGET store. We were not asking for thousands of dollars, not even hundreds, just a small sponsorship for a memorial remembrance.
As a follow-up, I e-mailed the TARGET U.S. Corporate Headquarters and their response was the same...That's their National policy!!!
Then I looked into the company further. They will not allow the Marines to collect for 'Toys for Tots' at any of their Stores. And during the recent Iraq deployment, they would not allow families of employees who were called up for Active duty to continue their insurance coverage while they were on military service. Now, I'm thinking again.. If TARGET cannot support American (or Canadian) Veterans, then why should my family and I support their stores by spending our hard earned American or Canadian dollars in their stores??? and, have their profits sent to France to Support Muslim Organizations.
Veterans Helping Veterans
Please send this on to everyone you know, to let Target know we don't need them either, we're all in a position to reduce sales to these stores as soon as this gets around....
Benjamin Fulford Report!
Benjamin Fulford ..First the evil Pope, then the dumb Secretary of Defense, now Netanyahu, next the Bush clan_
Weekly geo-political news and analysis
The satanic cabal is suffering a series of catastrophic defeats. Like a snowball gradually turning larger, the removal of a few cabalists is now turning into an avalanche of losses for the cabal. The removal of Pope Maledict and the abdication of a several European royals is now being followed with the removal of key cabal power brokers in the United States. The low IQ, and easy to manipulate, Secretary of Defense Chuck Hagel has been replaced with Ashton Carter, a polymath with a PHD in theoretical physics. Under cabal rule, meritocrats like Carter ran into a glass ceiling. The fact that such a man is now in the top post is a good sign but, Carter will have to show with his actions that he is on the right side. The early omens are good. The US military industrial complex is out to oust mass murdering psychopath Benyamin Netanyahu had have already managed to overthrow his government. The evidence presented in a British court that Netanyahu was one of the key planners of the 311 tsunami and nuclear mass murder attack was a key reason for his loss of support inside the military industrial complex as well as in the Israeli government, Mossad sources say.
As soon as the US move to oust Netanyahu was reported in Israeli newspapers, US President Barack Obama was sent to a top military hospital for “acid reflux.” MI5 sources say it was likely he was poisoned by people close to Netanyahu. What the people close to Netanyahu fail to realize is that even if they had killed Obama it would have made no difference because he is just a spokesperson for the military industrial complex. The military industrial complex has a lot more men with guns than the cabal could ever dream of defeating even with their usual tool of targeted assassinations.
The other big sign that it is not business as usual in Washington is the fact the US Congress passed legislation that amounted to a declaration of war against Russia
but this was ignored by both the military and the media. It means the cabal bribed fools in Congress have been removed from any real power.
The next thing the Joint Chiefs of Staff must do is to start rounding up and putting in jail the members of murderous Bush clan, starting with George Bush Sr.
In China as well, there was a very big move last week with the arrest of former top Security Chief Zhou Yongkang.
According to Chinese government sources, the removal of Zhou was
part of an ongoing purge of Maoists. Mao was a cabal stooge who took his orders from Nazionists. Take a look at the pictures near the bottom of this link to see some of Mao’s handlers.
The Chinese say that the removal of Zhou, following the removal last year of politburo heavyweight Bo Xilai, is aimed at purging all cabal influence from China’s power structure. Zhou was close to the Bush clan, the sources say.
There have also been some very interesting developments in Japan. The government of Shinzo Abe and the Bank of Japan have been caught laundering stolen gold, according to Japanese right wing sources.
Gold stolen from the IMF (2800 tons), from Germany (370 tons), from the Ukraine (42 tons) from South Africa (300 tons)
etc. is apparently being sold to the Bank of Japan and the money produced is being laundered to top cabalists via the Japanese stock market. Take a look at this chart
and note the Nikkei stock index started moving in exact (but reverse) tandem with the gold price immediately after Abe took power. Gold is sold, the price falls and then, slightly later, Nikkei is bought and the stock index rises. The money is then sent overseas and the Japanese yen falls. Remember Abe was put in power via an election stolen using Musashi Engineering vote counting machines. A paper trail of ownership of Musashi led to the Rockefeller controlled Council on Foreign Relations. Japan’s listed companies are all under effective control of cabalists like the Rockefellers, Bushes and Rothschilds so we can see that so-called Abenomics is just a giant cabal money laundering operation. Japan’s GDP is plunging (annualized minus 7.1% in the second quarter and minus 1.9% in the third quarter) because Japan is being looted to keep the cabal from bankruptcy.
Abe is now being told he will have to resign after the coming election even if his party wins, the right wingers say. No decision has been made yet over who will succeed him, the sources say. However, the new regime will be fundamentally different and the looting of Japan will be stopped, they promise.
A back of the envelope calculation shows that if the Japanese took back the shares illegally acquired by cabalists, there would be enough money to give the yen equivalent of $100,000 to each man woman and child in Japan. If the Americans did the same thing an even bigger bonanza would be possible in the US too.
There was also a major geopolitical tectonic plate shift in the Middle East last week when Turkey and Russia announced a gas pipeline would be built through the Black Sea connecting these two countries. There was also a major nuclear power deal announced. What this means is that a NATO member country, with the most powerful military in the Middle East, just broke ranks with the cabal. The Turks are also on very friendly terms with the Iranians.
The gulf oil monarchies and Israel are now circling the wagons and making their secret alliance not so secret but, that will not save them.
The Anglo Saxon military industrial complex is going to ally itself with the Russians, Turks and Iranians to help create a moderate Sufi based Muslim confederation in order to put a permanent end to the Saudi financed Salafist extremists. The new Israeli government due to take power in March of next year will have to come to terms with this in order to attain true peace in the Middle East.
Finally, take note of the fact that somebody has given new marching orders to UN head (and cabal stooge) Ban Ki Moon. He is now saying the UN’s new agenda involves “ending poverty, achieving shared prosperity and protecting our planet.”
This is exactly what the awakening citizens of the planet have been asking for. It is finally happening. www.benjaminfulford.net
Last Updated on Tuesday, 13 January 2015 16:31
Wednesday, 03 December 2014 14:48
Your State's financial "Open Disclosure" Score Card?
by Walter Burien - CAFR1.com
The following link will give a State by State listing of Financial Transparency sites each has established and the corresponding legislative bills that led to the transparency "as shown"
The focus for all should be on a clear listing of the CAFR (Comprehensive Annual Financial Report) for each but in fact many try to center the focus on "Budgets" with obscure links showing of the CAFR.
I note that upon review of several legislative bills that passed for disclosure, steps were taken to thwart clear listing of the many City, County, State, School District CAFRs in the State.
EXAMPLE: In 2011 for Arizona HB2572 passed as introduced by Representatives Barton, Montenegro, Stevens: Crandell, Lesko, Proud, Yee, and Senator Shooter. The bill as introduced would have require all local governments to list their CAFR on and through one State Sponsored website as well as on their own local government website. What was inserted as an amendment into the bill to cut off the requirement for all local governments to list their CAFR and limit it to just a few was:
"THE DATABASE SHALL INCLUDE THE INFORMATION AS PRESCRIBED IN THE COMPREHENSIVE ANNUAL FINANCIAL REPORT OF A BUDGET UNIT THAT HAS BEEN PRESENTED WITH A CERTIFICATE OF ACHIEVEMENT FOR EXCELLENCE IN FINANCIAL REPORTING BY THE GOVERNMENTAL FINANCE OFFICERS ASSOCIATION."
Well, http://GFOA.org issues the "Certificate" to a few local governments and only to those local governments that submit their CAFRs for consideration for the "Certificate". By inserting that amendment into HB2572, it effectively neutered the bill's effectiveness to list "all" and limited it to only those local governments that received the "certificate". That in effect cut off the requirement to the majority of local governments (probably about 95%) to list their CAFR as required by HB2572. Kinda like in baseball if it was required to list all professional baseball players in the state and an amendment was added to only list the Hall of Fame players from the state, big difference between the two. Whomever mandated that amendment to HB2572, I do not know who it was, but whomever it was the "intent" is clear to me. Most would not make the 1 + 1 = 2 equation, but it stood out clearly to me.
So, as you look at what was done in your state per "open disclosure", keep in mind the tactics played by the key inside players to thwart "true and open disclosure" of the CAFR and sidetrack / derail the efforts of any bill introduced by representatives who "had the intent" for full disclosure.
Focusing the viewer's attention on "Annual Budgets" IS NOT and in no light open disclosure. Budgets are for the year, a CAFR is for all time, the "Statement of Net Worth" developed over decades if not over a century. Again, the difference between your personal "Budget" for operating your house for "a year" compared to your own "Statement of Net Worth" derived from all time, a very big difference between the two.
On a last but not least note: The biggest game played is to turn a standing balance asset into a liability, to move it from the "plus" columns to moving it to the "minus" (liabilities) columns. If a small local government has a profit of ten million dollars or a standing balance of a hundred million dollars, they create a liability account, make the transfer, and POOF, there goes a standing plus balance now designated as a negative liability. On a larger local government you may be dealing with billions of dollars with the same done. The larger the liabilities, and number of liability accounts that are created, the bigger war chest(s) created to stash millions if not billions of dollars for the inside players use. Pretty slick don't you think?
Detroit bankruptcy? They projected out their liabilities 35-years and their income 1-year. If any of us did the same (including Bill Gates) we all would look like we are on death's financial door. Again, pretty slick don't you think?
Sent FYI from,
Walter Burien - CAFR1.com
P. O. Box 2112
Saint Johns, AZ 85936
Tel. (928) 458-5854
Revised Cafr Numbers
National CAFR listing to view and download many local government CAFR Reports - 2013
by Walter Burien - CAFR1.com
The following link is to GFOA's listing of local governments that won their "Certificate of Excellence" award in CAFR accounting with a download link to view that CAFR. To get the award a local government "must submit" their CAFR for review and then if the guidelines are strictly followed per CAFR accounting they can be awarded the certificate. So, only a few local government CAFRs are listed by category here of State, County, School District, etc.
One thing that caught my eye was a category entitled "Council of Governments". Would be interesting for all to see who the listed players are in their state that are shown there in those reports.
This listing is the most comprehensive listing of CAFRs for downloading in any one location. The listing is for a little over "3000 CAFRs" out of the 140,000+ Annual Financial Reports produced by local government "entities" in the USA but it is a good collection to qualify and show CAFR reports to the population who have been sitting and left clueless. ** Look and download the reports from your area and put all on one DVD for distribution to others in your area (press included). That should be a real eye opener to many and allow for easy distribution of the same. Many of the CAFR reports are .pdf documents which makes them easy for "Key word" searches. Get creative there and you will be amazed at what you find contained therein, especially in the note section of the reports. http://www.gfoa.net/cafrwinners/2013/index.html (To get the download listing - Click on the "Winners List by Agency Type" in the centered blue boxes) ** On that page's left side in blue are the links for 2012, 2011, and 2010, so also take a look there and you will find some local government CAFR reports that did not make the 2013 listing. For Canada local governments, they produce the same but it is called a CAnFR - http://www.gfoa.org/canfr The reports there I could not find a download directory as I did for the USA but just a listing of 2012 CAnFR award winners for Canadian local governments on that page. Please share this communication with all of your contacts and post via blogs and news sites.
Sent FYI and for your use from,
Walter Burien - CAFR1.com
P. O. Box 2112
Saint Johns, AZ 85936
Tel. (928) 458-5854
PS: Federal is a totally different arena and wealth contained there is massive also.
You have to ask yourself:
If 474 Turkish teachers were imported into the US to teach our children, how many US Teachers were imported into Turkey to teach their children?
ARTICLE BY: Charlotte Iserbyt - 11/24/14
Sent FYI from,
Walter Burien - CAFR1.com
Gold And Silver -For Elites, All The World's A Stage, Including China And Russia.
Michael Noonan of Edge Trader Plus - IF - Fri Nov 28, 9:33PM CST
Saturday 29 November 2014
While the Shakespearean reference, from As You Like It, compares the world to the seven
ages of man, it can also be applied to the way in which the Rothschild formula for gaining
control of a nation's money supply ultimately leads to that nation's total subjugation to the
elites. It is the elite rent seeking who control the world, and that will not change in the
lifetime of anyone reading this, perhaps even for several successive generations to follow.
"Rent seeking" is defined as those who spend wealth on influencing a nation's government
in order to increase one's wealth without creating new wealth. Think of it more as a
transfer of resources from any faction in favor of gaining control of those resources to those
who have the power to influence. It is an inherently unfair redistribution mostly
accomplished by manipulating disadvantageous competition, abetted by those who are
in a position to bring about such change. Rent seeking through lobbying efforts is an
easy example. The fascist corporate model in the US today, like Monsanto and its
mandated use of GMOs is another, almost always at the expense of everyone else.
Think of the Rothschild system of moneychangers gaining control over a nation's money
supply and its government as the highest rent seeking template. China and Russia are
about ready to enter that web. Last week, we posited that both countries are likely to be
the next world leaders over which the Rothschild system will eventually prevail, [ see
Is The Golden Rule Broken? starting around the 11th paragraph.] What prompted that
tangent thought was when Putin stated a few months back that he thought it important
that the IMF be respected.
Just a few weeks ago, Putin met with Christine Legarde, managing director of the IMF,
while the two were in Bejing. Shortly after, while in Brisbane for the G20 Summit,
Chinese president Xi Backs Higher IMF Standards. While surprising that the two
seemingly anti-NWO stalwarts would be cozying up to the "enemy" is actually not so
Neither China nor Russia are in a position to have their currency replace the FRN "dollar"
as a world reserve currency. The entire global financial system has been staunchly in
place for almost a century. Both China and Russia participate in it through their
respective central banks, so it only makes sense that these two "outsiders" are eager to
become primary insiders on a global scale.
Knowing the Renminbi or Ruble cannot replace the fast-fading, self-destructing FRN
"dollar," what will? The Special Drawing Right [SDR], a basket of existing currencies is
waiting in the wings to become the next global "currency," and when it does, it is game,
set, match for the NWO. Kiss any national sovereignty good-bye. Pledge allegiance to the
United Nations, Agenda 21, IMF, et al. Kiss individual freedom good-bye, not that there
is any, thanks to the NSA, GCHQ, NWO collection arm IRS, etc, with most citizens around
the world already living in a militarized police state, including the United States.
Zhou Xiaochuan of the People’s Bank of China is one of the most vocal members of the
international community calling for the implementation of this new SDR system. And a big
part of the structure of this new system is the Basel 3 regulations as put forth by the Bank
for International Settlements. So it’s no surprise to learn that Zhou Xiaochuan is in fact
one of the board members of the Bank for International Settlements. This should put to
rest any conspiracy theories about China overthrowing the current banking system. We
already know Russia cannot.
Back to SDRs. The current basket of currencies is the US FRN "dollar," Pound Sterling,
Yen and Euro, all fiats and none with even the slightest hint of intrinsic value. What will
change is the inclusion of the Renminbi and Ruble, partially gold-backed, and the SDRs
will have some kind of gold backing and likely some degree of other commodity backing,
certainly oil, and maybe some other natural resources, we do not know.
What this implies is a more orderly transition away from the "petrodollar" as the world
reserve currency, although it looks like the most dangerous country on the planet, the
US may not bow out gracefully, the rest of the world will go along with the new
Rothschild SDR system. The federal US, on the other hand, may instead try to start
WWIII, using Ukraine, the US staged coup, but blaming it all on Russia
The last thing the world wants is the collapse of the petrodollar for it would collapse the
entire banking system and throw the world economy into a tailspin. The United States
is the only loose cannon, and while its MIC may be fading,
it can become a dangerous world-renegade-gone-amok if the US cannot be contained in
its current demise, fast becoming a Third World nation, empty of all ability to sustain
itself economically, having squandered away all its industrial resources to outsourcing.
For those expecting a new currency reset to be backed by gold and silver, it ain't gonna
happen. When the Rothschilds took over control of the United States via the Federal
Reserve Act of 1913, FRNs were then also backed by gold and silver, circulating with
gold and silver-backed United States Notes. That was by design to get Americans
accustomed to Federal Reserve Notes as the nation's currency.
Also by design was the gradual recall and destruction of all US specie-backed Notes, and
then the eventual withdrawal of gold and silver backing from Federal Reserve Notes, then
and now backed only by the Full Faith And Credit Of The United States, aka fiat. This is
a classical example of a decades orchestrated bait-and-switch by the Rothschilds, so
that the public would accept Federal Reserve Notes without having noticed the switch.
Enter the Chinese Renminbi and Russian Ruble. Rinse and repeat. In some way or
similar fashion, over a period of the next 50 to 100 years, the Renminbi and Ruble will
suffer the same fate as the American Dollar, once considered "as good as gold." This,
in brief, is how the elites work.
How will this impact gold and silver? The most immediate clue may come from the
Swiss Gold Referendum concluding this weekend. If it passes, it would send a message
to the rest of the world that the elites do not want, the encouragement of other nations to
follow. If the moneychangers are still in total control, the referendum should fail. That
is just our opinion, for we have no clue what the outcome will be. One thing is certain
for all: no one has a clue as to how all this is going to unfold. There are clues, to be sure,
as some have been given here, but the outcome, while not random, remains unknown.
Will there be $5,000 or $10,000 gold, $200 or $500 silver? If the transition is to be
via Special Drawing Rights, it may not be necessary to have such a dramatic increase for
either metal. Keep in mind, regardless of whatever concessions the elites make toward
including a partial backing of gold and silver as a part of the new SDR basket of currencies,
they do not want either gold or silver to be viewed as a money substitute that will
challenge their fiat-driven system. This argues for a tempering for a future PM rally.
China and Russia, or maybe only China with Russia relegated to a lesser important role
than might be expected, are but players on the elite's stage, and make no mistake, the
moneychangers remain in full control if SDRs are to become the new world currency.
The rest of us remain bit players of no consequence on that stage, other than to serve
and toil for the elite rent seeking directors behind the scenes.
Another look at the charts, as 2014 draws nearer to an end and putting to an end all of
the pronouncements from so-called experts that PMs would be much higher. We state,
once again, do not listen to what others have to say about the market, but instead, watch
what the charts are saying about others. The charts do not lie, and opinions,
regardless of source, always change to suit the current activity.
After making comments on the charts, the theme appears to be how developing market
activity provides the best guide for market direction. One qualifier, because there are
many who express disdain for charts, and we have no quarrel with inability or ignorance,
charts are not like a crystal ball that lets one see into the future. Instead, developing
market activity, shown as the structure of a bar in its high, low, and close, coupled with
volume form patterns, and these patterns often repeat over and over in any market.
It will not be the exact same but often sufficient enough to rhyme.
There is no foreseeable change for gold and silver that has not already been covered in
previous articles and certainly elsewhere, so we are going to be more chart-oriented,
When you see a particular pattern unfolding, it signals how the market may unfold in
the immediate future, from a probability stand point, and that is what trading markets
is all about: higher probability degrees of how a market will unfold. While there is no
specific pattern developing in the charts for this article to address, we do point out how
specific activity points to the likelihood of how price will eventually respond in the near
Another important factor before commenting on this week's charts, when you are able
to identify chart patterns and know how they develop through empirical observation, if
you create a set of rules that define how you will trade a specific pattern, you are taking
control over when and how you will participate in a market and not leaving your decision-
making to chance or whim. When you start trading on higher probability outcomes only,
your odds for successful results increases dramatically, and your risk exposure decreases.
Comments on the monthly chart demonstrate how the market advertises its intent. Very
often, you will not know what a market will do until after the fact, even when trading a
specific high probability pattern that offers increased odds for a favorable outcome. This
is why it is important to have activity confirm your observations prior to making a decision.
Last Updated on Thursday, 04 December 2014 14:50
Sunday, 30 November 2014 15:59
Canadian Common Law Juries & Councils forming all integrity based mentally healthy Canadian born patriots join in to support Canada. links www.thegoodlylawfulsociety.org or www.republicofKanata.org or www.humanrightsdefendersleague.ca
Please pass this along to as many Canadians as possible. This is great news and for those of you that are interested in the Canadian Common Law Courts. Time to get onboard. Laura
To: Tami Dickson
Canadian Councils Forming join in!
Common Law Juries in USA = www.nationallibertyalliance.org
I will be posting RV Bank training for Canadians shortly. USA RV Bank updates www.tntdinar.com Bank training www.tntsuperfantastic.com www.tntsuperfantastic.org www.tntsuperfantastic.net
Cabal Killing Bankers who may implicate them perhaps so here is list of dead bankers!
Subject: Anonymous posted an astonishing list of dead bankers
Date: Thu, 27 Nov 2014 17:30:22 -0500
Anonymous posted an astonishing list of dead bankers
1. Nov - Shawn Miller, 42, banker found dead in bathtub with throat slashed.
2. Oct - Edmund Reilly, 47, a trader at Midtown's Vertical Group, threw himself in front of a speeding Long Island Rail Road commuter train.
3. July - Julian Knott, 45, JPMorgan Executive Director,Global Tier 3 Network Operations, SELF-INFLICTED GUNSHOT WOUND
4. June - Richard Gravino, 49, Application Team Lead, JP Morgan, SUDDEN DEATH cause unknown/pending
5. June - James McDonald - President & CEO of Rockefeller & Co - apparently self-inflicted, GUNSHOT WOUND
6. May - Thomas Schenkman, 42, Managing Director of Global Infrastructure, JP Morgan, SUDDEN DEATH, cause unknown/pending
7. May - Naseem Mubeen - Assistant Vice President ZBTL Bank, Islamabad, SUICIDE jumped
8. May - Daniel Leaf - senior manager at the Bank of Scotland/Saracen Fund Managers, FELL OFF A CLIFF
9. May - Nigel Sharvin - Senior Relationship Manager Ulster Bank manage portfolio of distressed businesses, ACCIDENTAL DROWNING
10. April - Lydia (no surname given) 52, France's Bred-Banque-Populaire, SUICIDE jumped
11. April - Li Jianhua, 49, Non-bank Financial Institutions Supervision Department of the regulator, HEART ATTACK
12. April - Benedict Philippens, Director/Manager Bank Ans-Saint-Nicolas, SHOT
13. April - Tanji Dewberry - Assistant Vice President, Credit Suisse, HOUSE FIRE
14. April - Amir Kess, co-founder and managing director Markstone Capital Group private equity fund, CYCLIST HIT BY CAR
15. April - Juergen Frick, Bank Frick & Co. AG, SHOT
16. April - Jan Peter Schmittmann - former CEO of Dutch Bank ABN Amro, (Possibly suicide, SHOT)
17. April - Andrew Jarzyk - Assistant Vice President, Commercial Banking at PNC Financial Services Group, MISSING/DEAD
18. March - Mohamed Hamwi - System Analyst at Trepp, a financial data and analytics firm, SHOT
19. March - Joseph Giampapa - JP Morgan lawyer, CYCLIST HIT BY MINIVAN
20. March - Kenneth Bellandro, former JP Morgan, SUICIDE jumped
21. Feb = John Ruiz â€“ Morgan Stanley Municipal Debt Analyst, died suddenly, NO CAUSE GIVEN
22. Feb - Jason Alan Salais, 34, Information Technology specialist at JPMorgan, FOUND DEAD outside a Walgreens pharmacy
23. Feb - Autumn Radtke, CEO of First Meta, a cyber-currency exchange firm, SUICIDE
24. Feb - James Stuart Jr, Former National Bank of Commerce CEO, FOUND DEAD
25. Feb - Edmund (Eddie) Reilly, trader at Midtownâ€™s Vertical Group, SUICIDE
26. Feb - Li Junjie, JP Morgan, SUICIDE
27. Feb - Ryan Henry Crane, SUDDEN DEATH cause unknown
28. Feb - Richard Talley, UNKNOWN CAUSE
29. Jan - Gabriel Magee, SUICIDE
30. Jan - William 'Bill' Broeksmit, HUNG/POSSIBLE SUICIDE
31. Jan - Mike Dueker, SUDDEN DEATH cause unknown
32. Jan - Carl Slym, SUICIDE
33. Jan - Tim ****enson, SUDDEN DEATH cause unknown
34. Dec 2013 - Robert Wilson, a retired hedge fund founder, apparent SUICIDE leaped to his death from his 16th floor residence
35. Dec 2013 - Joseph . Ambrosio, age 34, Financial Analyst for J.P. Morgan, died suddenly from Acute Respiratory Syndrome
36. Dec 2013 - Benjamin Idim, CAR ACCIDENT
37. Dec 2013 - Susan Hewitt - Deutsche Bank, DROWNING
38. Nov 2013 - Patrick Sheehan, CAR ACCIDENT
39. Nov 2013 - Michael Anthony Turner, Career Banker, CAUSE UNKOWN
40. Nov 2013 - Venera Minakhmetova Former Financial Analyst at Bank of America Merrill Lynch, CYCLIST HIT
41. Oct 2013 - Michael Burdin, SUICIDE
42. Oct 2013 - Ezdehar Husainat - former JP Morgan banker, killed in FREAK ACCIDENT when her SUV crushed her to death
43. Sept 2013 - Guy Ratovondrahona -Madagascar central bank, Sudden death â€“ cause not confirmed
44. Aug 2013 - Pierre Wauthier, SUICIDE
45. Aug 2013 - Moritz Erhardt, SUICIDE
46. July 2013 Hussain Najadi CEO of merchant bank AIAK Group, SHOT
47. July 2013 Carsten Schloter, SUICIDE
48. July 2013 Sascha Schornstein - RBS in its commodity finance, MISSING
49. April 2013 David William Waygood, SUICIDE
50. Mar 2013 - David Rossi - communications director of troubled Italian bank Monte dei Paschi di Siena (MPS), SUICIDE
51. Fang Fang - JP Morgan, China, DISGRACED
52. Nick Bagnall - Director at Bank of Tokyo-Mitsubishi, son accidentally killed himself while trying to re-enact a Tudor hanging
53. Robin Clark - RP Martin -Wolf of Shenfield City banker shot, SURVIVED
54. Kevin Bespolka - Citi Capital Advisors, Dresdner Bank, Merrill Lynch and Morgan Stanley, Seriously injured and son dead
55. Robert Wheeler, 49, a Deutsche Bank financial advisor, DISGRACED
56. Chris Latham - Bank of America, ON TRIAL, Murder for Hire
57. Igor Artamonov - West Siberian Bank of Sberbank, Daughter found dead (POSSIBLE SUICIDE)
58. Hector Sants, Barclays - resigned due to stress and exhaustion, after being told he risked more serious consequences to his health if he continued to work - a remarkable turnaround as the Church reportedly approached him two months later and was told he had made a full recovery,
59. April 21st Bruce A. Schaal, 63, died suddenly Banker in Twin Lakes for 35 years
60. April 20th Keith Barnish 58, Died Suddenly (Still working as Senior Managing Director at Doral Financial Corporation. Previously Bear Stearns, Bank of America Senior Vice President
61. March 12th Jeffrey Corzine, 31, son of MF Global CEO and Chairman Jon Corzine involved in major banking crime was found dead in an apparent suicide.
62. Keiran Toman, 39, former banker who believed he was being stalked by a reality TV crew starved to death in a hotel room, an inquest heard today.
63. An inquest was opened after his death in July 2010 but his family asked for a second hearing as they were not informed. Police found all of Mr Tomanâ€™s possessions in the room, but despite documents mentioning his family, failed to tell them he had died.
64. Nicholas Austin, 49, A former bank manager from Hersden died after drinking antifreeze in an effort to "get high". was found in a coma by his wife Lynn at their home in Blackthorne Road on October 5. He died the same day.
We took special note of the last entry, no. 64 ~ he died drinking antifreeze in an attempt to "get high"? Funny one that is, ... as if anyone would be stupid enough to try that? ...
The list is shocking, we never saw so many suicides and car accidents. No gall bladder stones, cancer deaths, strokes, or simply falling ill from a Medical Condition. How Strange !... What are the odds of that happening?
Dinar RV Progress Continuing!
Millionday - AS WE KNOW THEY HAVE BEEN HAVING MANY ECONOMIC MEETINGS… – IT WAS CHAIRED BY THE GOV OF CBI AND ALSO ADDRESSED HUGE ISSUES THAT ARE OF GREAT CONanCERN WITH THEIR ECONOMIC REFORM. ABADI IS GIVING A SPEECH…ABOUT THEIR ORDERS FOR THE OPENING TO A MARKET ECONOMY DUE TO THE ACT OF TRANSFERRING FUNDS ABROAD… ABADI CALLED THE CBI AND ASKED FOR THEM TO GO OVER ALL THE BANKING LAWS EVEN THOUGH THEY CAN NOT BE CHANGED YET DUE TO THE ZERO CURRENCY IS NOT CHANGED YET BECAUSE THE SUITABLE CIRCUMSTANCES IS WHEN THE ZERO CURRENCY IS REMOVED.
THIS WILL BE ALL AT THE SAME TIME AS THE NEW LAWS DONT APPLY TO THE OLD CURRENCY AND BANKING…THE NEW LAWS APPLY TO THE NEW DEVELOPED ECONOMY OF IRAQ. NO ONE SAID…WHEN IT WILL BE APPLIED BUT THEY WERE SAYING THAT THEY NEEDED THEM TO BE GONE OVER TO BE PREPARED. THE ECONOMIC COMMISSION HAS ANNOUNCED TO THE COUNTRY OF IRAQ AND THE WORLD REALLY THAT THEY ARE DONE AND READY AND WANT THE PARLIAMENT OFFICIALS TO GET IT ROLLING… THEY WANT IT MOVED THROUGH WITH NO CONFLICTS.
TONIGHT [SATURDAY] THEY FINISHED THE DISCUSSION OF THE 2015 BUDGET AND ABADI IS BRINGING IT WITH HIM TO PARLIAMENT IN THE MORN…ALSO THE FIRST READING WILL ALSO BE DONE FOR NEXT YEAR`S BUDGET THIS MORNING. THE ONLY WAY THEY CAN FORM THE PREPARED 2015 BUDGET IS WITH THE 2014 BUDGET DONE — THE REASON I CAN SAY THAT IS DUE TO THE WAY THEY ARE DOING THE TWO BUDGETS — …IT WOULD BE IMPOSSIBLE FOR THEM TO BE DONE AND SENDING IT TO PARLIAMENT FOR THE FIRST READING TOMORROW WITHOUT THE 2014 BUDGET COMPLETE.
RICH FRIENDS IN REGARDS TO THE 2014 BUDGET IT WAS SATISFIED AND APPROVED COMPLETE THREE WEEKS AGO I GUESS PEOPLE JUST DON'T THINK THROUGH WHAT HAS BEEN SAID. THERE WERE SEVERAL NEWS ARTICLES THAT CLEARLY STATED THEY WERE COMPLETING AND FUNDING SOME FEW PROJECTS THAT WERE ALREADY STARTED AND FUNDED WITHIN THE 2014 BUDGET WITH BORROWED MONIES AND ALL REMAINING PROJECTS WOULD BE MOVED TO THE 2015 BUDGET FOR PASSING AND THE 2015 BUDGET ( THIS WAS A EFFORT TO SPEED THINGS UP ) WOULD BE AMENDED AND APPROVED IN THE NEXT COUPLE WEEKS . THOSE WEEKS HAVE PASSED AND THE 2015 BUDGET IS IN THE PM HANDS TO BE VOTED ON THIS WEEK. POPPY3
MAN ALL I CAN SAY IS ITS BEEN A LONG TIME GETTING HERE BUT I DON'T KNOW HOW THEY COULD MOVE FASTER THAN THEY HAVE IN THE LAST FEW WEEKS THAN THEY HAVE . ABADI IS REMOVING OBSTACLES EVERY DAY AND MOVING IRAQ FORWARD IN FINANCIAL REFORM TO EXPLODE THEIR ECONOMY. JUST WATCH AS THIS GUY BRINGS IN OUR HARVEST. PO box
Mountain Goat RV Update
Last Updated on Tuesday, 02 December 2014 16:34
Wednesday, 05 November 2014 15:03
Goose bumps, spinal chills, and butterflies in the
Initial enrollment in the First Congress of Freedom Force has been deeply gratifying. It already has progressed to the point where we no longer have to worry about meeting the minimum number for a quorum. Yahoo! It's unfolding exactly as planned, and the excitement is building.
Alan Donelson, who is one of the enrolled Delegates to the Congress, expressed this excitement exquisitely when he wrote:
God bless and keep all of us who join in the noble endeavor of Freedom Force. ... [In anticipation of attending the Congress] I shall welcome and entertain goose bumps, spinal chills, and those "butterflies in the stomach" that a great British actor once acknowledged, without which he declared he would not go on stage!
WHAT'S THE BIG DEAL?
In case you have missed our previous announcements, the big deal that is causing goose bumps, chills, and butterflies is nothing less than launching the world's first organization based on enumerated principles of freedom and with a Freedom Academy to teach and perpetuate those principles. For those of us who have been in the ideological trenches fighting against collectivism and loss of personal liberty, it is a very big deal, indeed. Nothing like this has ever happened before in history, and it is going to occur on December 12 and 14 in Paso Robles, California,
You are invited to be there, not as a passive observer, but an active participant.
The thought of being able to participate in such a historic event really is enough to cause goose bumps, but, if you are not familiar with Freedom Force International and its unique mission, none of this will make sense to you. If that is the case, please put the rest of this message on hold until you spend some time on the Freedom Force web site. Only then will you see what makes us optimistic about the future in spite of the gathering storm.
Go to: www.freedomforceinternational.org
If you already are familiar with Freedom Force and are ready to stand for liberty, read on.
UPDATES ... FIRST FREEDOM FORCE CONGRESS
The first step in Operation Lift-Off is the creation of the First Congress of Freedom Force International and the selection of the Leadership Council. This will happen on December 13 and 14, 2014, in Paso Robles, California, and you are invited to attend as a Delegate. Details are provided on the Enrollment page, but here are a few updates to the information previously published.
► The original deadline for the best price has passed, but the hotel and caterers have given us a few more days before they up their price for late enrollments. Sooo...
Here are the revised deadlines:
November 7 for the lowest enrollment price.
November 14 absolute deadline.
See Enrollment page for details.
► Time is running out for best choice of accommodations. The Paso Robles Inn is a popular resort hotel, especially during the Christmas season. The block of rooms held for us at special rates now is down to only a few more traditional rooms, two spa rooms, and four suites. There are other hotels in the area, and our Event Coordinator, Annaliza Spiga, can help you find alternate accommodations if necessary but, if you want to be at the Paso Robles Inn, time is of the essence. The group rate expires after November 7.
To learn more about the First
Freedom Force Congress, click here.
If you are familiar with this background
and want to go directly to enrollment, click here.
May the Force of Freedom be with you.
G. Edward Griffin
Why didn't I send
this to you in 2012 ?
The topic of this email is cutting-edge and controversial. It's at the center of one of the most heated debates ever witnessed among economists, politicians, bankers, and philosophers. That's because it's about the nature of money. To be more specific, it's about what the nature of money should be.
The reason for raising the issue of why I did not send this analysis to you in 2012 is to focus on two facts. The first is that, if I had done so and if you had acted on it, you would have made a lot of money. In fact, your investment would have multiplied twenty-five times!
The second fact is that, in 2012, I didn't have enough information to offer an opinion on this topic, and I didn't want to endorse something that I didn't fully understand. There are risks with any investment, but this one is unique because it represents something entirely new, something that never previously existed in history. That means there also are risks that previously never existed, and I wanted more time to find out what those might be before entering into the debate.
The experience of the last two years has provided the answers. It now is possible to identify, not only the unique risks with this investment, but the unique advantages as well. To explain what those are is the purpose of this report.
THE TOPIC IS BITCOIN
By now, you undoubtedly have heard about Bitcoin, usually described in the news as crypto-currency or digital money. You have heard that some people became wealthy from it, that some lost money when a dealer went bankrupt, and that the Chinese government recently told its banks to stop accepting it as money.
By following the links in this report, you will learn exactly what Bitcoin is and what makes it unique in the historical evolution of money. You also will see the status of this global money system after absorbing the shockwaves of a bankrupt dealer and the China declaration.
In my view, Bitcoin is an important experiment in monetary freedom. It offers a potential alternative to the world's national fiat currencies that now serve as mechanisms of legalized plunder on behalf of governments and their banking partners.
I would like to state clearly that I do not endorse Bitcoin as a “get-rich-quick” scheme, nor do I believe that it is without risks, which I will identify shortly. Because of these risks, it would not be wise to place all of your savings in Bitcoin. Bitcoin is not gold. It has not been around for thousands of years. It has not stood the test of time and proven that it will hold value. It is volatile. It is unpredictable. It is brand new.
Here is a summary of the risks associated with Bitcoin as I see them.
❶ Bitcoin has no intrinsic value, which means it has no use except as money. Intrinsic value is one of the time-tested characteristics of successful money systems. The arrival of the digital age may lessen the importance of this feature but, if there should be a long-term collapse of the Internet (think EMP or X-Class solar flare), Bitcoin could not function. However, the same can be said of checkbook money, savings accounts, credit cards, stocks and bonds, and just about everything else except precious metals and life-necessities in one's physical possession.
❷ Governments recognize that Bitcoin is a threat to their fiat currencies and will attempt to demonize it (through the media) and place legal barriers against its use. However, the same can be said of precious metals and food stockpiling. In both cases, citizens eventually may have to choose between becoming lawbreakers or protecting their savings.
❸ Although it may be impossible for the number of Bitcoin to be increased beyond the built-in limit (which is what holds the currency's value over time), imitators will enter the market with new currencies based on the Bitcoin model. This process already has begun. Competition is healthy, because it allows freedom-of-choice and insures that only the best options succeed. Eventually, it is likely that two or three of the most popular crypto-currencies will become the market champions. The potential down side is that the total number of spendable units in all of the currencies combined would not be as limited as if there were only one. Even so, the inflationary effect of this phenomenon would not even be close to the devastating loss of purchasing power that is built into fiat currencies. In fact, the addition of a second or third crypto-currency actually might be beneficial because it would allow the gradual expansion of the money supply in response to the expansion of goods and services. The net effect would be similar to mining more gold in response to rising gold prices caused by consumer demand for more gold money.
❹ Bitcoin accounts are computer based and, as such, could become targets of sophisticated hackers. If hackers break into a dealer's computer, it would be possible to transfer credits to other accounts without a trace of where they went or who did it. However, the same can be said of online bank accounts, savings accounts, and brokerage accounts.
❺ Bitcoin is still a new phenomenon and may contain additional risks not yet perceived.
Now let's look at the advantages of Bitcoin. Here is the question:
In spite of the risks and the powerful forces loyal to fiat money, does Bitcoin have the potential to advance the freedom movement and, at the same time, improve your personal financial position?
Allow me to introduce you to Max Wright who is in the best position to answer that question. I first learned about Bitcoin in 2012 from Max who, incidentally, has been a member of Freedom Force for many years and who helped organize the first Australian Freedom Force Meet-Up in 2006. His excellent understanding of monetary history gives him a solid foundation for explaining how Bitcoin fits into the evolution of currency. Max has written and spoken on this topic worldwide, and he is the reason I first became interested in the technology.
Max recently published an excellent report that shows just how big the potential of Bitcoin is, and he has agreed to send you a free copy. You can get your copy [here].
When you receive this report, you also will find a link to a short video in which Max reveals his predictions for Bitcoin in the next 12-24 months. These are just predictions, of course, but they are well worth considering.
Does this mean that I have given up on gold as the ideal money? Not at all! I am still the same Gold Bug I always have been. However, here is something to think about.
When gold and silver rise in value, it generally is a result of a decrease in purchasing power of fiat currencies. An ounce of gold today buys approximately the same basket of goods it bought a hundred years ago even though the number of dollars it represents is much greater. Acquiring gold or silver, as good as that is for protecting the purchasing power of your savings, does nothing to improve your wealth. For that, you need an income, a source of revenue, a profit on your investment. Except in times of economic panic, when the masses rush to exchange their fiat currency for anything of intrinsic value in the last stages of currency collapse, gold and silver do not produce an income.
If Bitcoin becomes widely accepted as money, it will become exactly like gold and silver in this regard. Possessing or spending it will not produce income. Like all good money, it will be passive in that regard. It's total function will be to measure the value of goods and services and be available as a medium of exchange.
THE POTENTIAL FOR STUNNING GROWTH
Right now, however, Bitcoin could experience an upsurge in value during the transition period leading to its universal acceptance, and therein lies the potential for a stunning growth in value from an increase in demand that far outpaces its supply. In that event, real income would be the result ̶̶ just as it occurred over the last two years. We do not have to abandon faith in gold and silver to realize that, if we have funds somewhere that we can afford to risk, it might be smart to acquire Bitcoin.
As stated at the beginning, if I had sent out this information two years ago when the price of Bitcoin was $12, it may have made a big difference to your savings or retirement account, given that one Bitcoin now is worth over $300. According to Max’s predictions, there still is a lot of room for growth.
I hope you enjoy learning about this new technology.
And don’t forget to get your [free download] now.
G. Edward Griffin
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