THIS IS HOT OFF THE PRESS!!!
From: MIKE XXXXXX (Our trader in London)
Sent: Friday, May 11, 2012 3:56 PM
To: XXXXXX
Subject: Re: OBAMA IS IN RENO TOMORROW FOR FOUR HOURS [ cashing out? ]
Sent: Friday, May 11, 2012 3:56 PM
To: XXXXXX
Subject: Re: OBAMA IS IN RENO TOMORROW FOR FOUR HOURS [ cashing out? ]
LATEST REPORT
THE CHINESE ARE PROVIDING THE DOLLARS TO FUND THE DINAR RV.
THEY'LL TAKE THE DINAR AND BUY OIL WITH IT - WIN WIN.
THEY'LL TAKE THE DINAR AND BUY OIL WITH IT - WIN WIN.
ITS ALL TO BE DONE [initially?] THROUGH Wells Fargo Banks.
THE SCREENS GO LIVE AT 12 MIDNIGHT EAST COAST TIME SUNDAY.
THE U.S.Gov. GETS NOT ONE DIME -
BOY, THEY WERE KICKING AND SCREAMING ABOUT THAT.
BOY, THEY WERE KICKING AND SCREAMING ABOUT THAT.
EIGHT BIZ DAYS FOR THE HIGH CASH IN RATE -
THEN IT DROPS TO THE RV RATE.
NEXT REPORT AFTER IT STARTS.
BLESSINGS,
On Thu, May 10, 2012 at 11:11 PM, MIKE XXXXX
I'VE ALWAYS SUSPECTED THAT the President WOULD WANT TO TAKE CREDIT FOR THE RV
SEPARATELY - THE SECURITY PERSONNEL AT THE BANK ARE ON HIGH ALERT AND STANDING BY - THERE ARE FORMER MILITARY FOLKS THAT ARE KNOWN TO SOME OF THE FORMER MILITARY AMONG THE 300 FOLKS WAITING WITH DINAR IN HAND.
THE BANK HAS HIRED SOMETHING LIKE 16 OFF DUTY POLICEMEN.
8 comments:
1st Question: Is China providing the "Dollars" for the RV funding in worthless Fed.Reserve notes (hence dumping their reserves of this worthless paper) OR will they be funding the RV with new US Treasury notes that are asset backed?
China obviously wants their gold/assets back, so I am asking this with regards to how this will be funded...?
2nd Question: Is this ONLY to occur in the USA at Wells Fargo? I ask because I do not live in the US and hence need to cash out at a different bank that WF.
Thanks in advance to whomever knows the answers...
John, How does this lineup with your previous post about "Waiting for an Official Banking Announcement" to insure that we get cashed in out in asset backed Treasury $$´s and not FR notes?
"12 MIDNIGHT EAST COAST TIME SUNDAY."
Well, Sunday is here and no news of this actually happening.
If you mean Sunday night, then say so. Each new day technically starts at 12:00 midnight.
I hope this helps:
TFMR Podcast #19 - Jim Willie
http://www.tfmetalsreport.com/podcast/3782/tfmr-podcast-19-jim-willie
If one would bother to read the last sentence of 12 USC § 411
- Issuance to reserve banks; nature of obligation; redemption " Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are authorized.
The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues.
They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank."
The important part is "...shall be redeemed in LAWFUL MONEY ON DEMAND..."
When cashing out tell the banker you wish to cash your Dinar out for LAWFUL MONEY. This makes the transaction a non-taxable event. The FEDERAL Reserve System deals only in debt and credit. Debt represents "INCOME" and "CREDIT" does not. CREDIT cannot be taxed.
Lawful money is united States of America Treasury motes, NOT FRNs (Debt) notes.
Can you really make a "demand" to be paid in Treasury notes...or will they just refuse and arrest you if you make a fuss? Banks do what they want. when they want! Food for thought!
Thank you for posting this podcast! This is the 2nd Jim Willie interview I have heard and he is fantastic.
All you are doing is taking advantage of the Redemption provided by their U.S.Code (12 USC 411). One would only be exercising the redemption offer made in the Statue. Don't know of any violation for following the code to the letter.
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