Global Reset?????

[circletrack15]

I think saying everything being brought to a level playing field is not how I should have said that? What I mean is that There are several countries not just us who are in trouble with debt and on the verge of collaspe. The whole point here is that Basel III and its Global Currency Reset is planned to stabilize all currencies to keep everyone afloat and not crash! From what I read from G-8 summit articles and the IMF articles is that our Federal Reserve is going to merge with the UST Department.

 

I didnt mean that all currencies will be the same valve or even close to it. There will still be some countries in bad shape and some who will flourish! like (Iraq).  I remember President Bush saying that this war (Iraqi) will pay for itself. I believe its because they (The powers that be) knew where Iraq was going and how they would be after a dictator was replaced with some kind or form of Western influence? and I dont care what anyone thinks as its just my opinion here, but we the USA has tons of Iraqi Dinar!!

 

I remember Hilary Clinton saying that Iraq will be the richest nation on earth because of their assets (OIL!) So Iam not trying to take away from our RV I need it!!, Iam 4 months into being laid off from a great job of over 13 years!!. I have lost my car, my wife will be loosing hers soon, can barely pay our house payment and have kids. Its really hard here sooooo if anyone is praying for this RV its ME!!!! For the first time in my life, I tried getting that Obama plan help and I was turned down!!So, Iam sorry I dont trust our President, or his foot soldiers!!

 

Sorry trying to stay calm but its so frustrating but Iam on your side. Iam just bringing you a different point of view that is not getting any attention, or is it? I see just today that some of the Guru,s are starting to talk about what?  Global Currency Reset and Basel III. WOW! I cant be to far off here guys. They been talking about moving into a New World Order for years now! as well as one world Government and Currency, But thats another story!! Lets just pray that the Governments let us have this!!!

 

This is my story and Iam stickin to it!! God Bless!! and YES!! GO RV!!!!!

[millionaire in training]

Circletracker15,

 

No need to get frustrated not everyone has researched  this sort of information. People tend to be weary when someone mentions Global Reset. I guess it sound scary to some. I appreciate you posting what you have found..... this way people will start thinking about this and when it happens they'll remember where they read about it before. I think all in all its a good thing.

 

Sorry to hear about your situation. Hang tight, we will be RVing soon and your life will change for the better as will ours.

Blessings to you and your family.

M.I.T.

 

[umbertino]

love your enthusiasm.

 

I used to have some about 9 years ago.  

That makes 2 of us, Bro.

Quote

Iam 4 months into being laid off from a great job of over 13 years!!.

End Quote

 Sorry to hear that. Wish you the Best.

[storm1]

http://stockcharts.com/c-sc/sc?s=$USD&p=D&b=5&g=0&i=0&r=1373283543794

 

 the dollar is falling????

 

what the heck chart are you looking at?

as a matter of fact the dollar just broke out

you better do more research

i post a link with facts that the us dollar is rising and NOT falling and i get negative ratings? I guess I shoulda posted some fairy tales from mother goose.

[R2d2dc]

Dover

Now That's Funny!

r2

[Rasica]

My private banker at WF recently told me that I should get what I can for my Dinar - turn it back into USD while it's still worth something!  When I told him that I understand that the U.S. owns billions (as mentioned in the first post in this thread) if not trillions of Dinar, he said...."Show me one piece of evidence anywhere that this is true.  It's part of the story that is seducing people like you into buying Dinar." 

 

So - can anyone send me anything from the web or from any reliable source (NOT a message board) that shows that the U.S. owns Dinar?  Ditto for Trump?  I'd love to prove him wrong.

 

THANKS!!

This is your 'private banker' and this has been going on for the last 10 years ~ perhaps you invested into IQD w/o discussing this first with your 'private banker'?

 

If so and you got this far w/o him knowing that you invested into IQD, I would certainly now ask him to show you the evidence that you should divest immediately. It seems he is advising you rather concretely and I at least would want to know the reasons.

 

On the topic of The Federal Reserve holding IQD either 'digitally aka circulation' or 'physically aka; supply' I certainly knew way back in 2003 or so that the Fed R. did a swap of USD for IQD to allow Iraq the mechanism for digital oil transactions to be in USD & not IQD.

 

This was necessary because Iraq was going to keep the 'supply' aka; physical supply of IQD 'separate from the 'circulation aka; digital'. The IQD 'supply' would be kept under an [artificial value by tight monetary control] while they rode out the rebuilding phase and not succumb to the same mistakes Germany made after WWII aka; runaway inflation. Iraq has a very low rate of inflation 2013 hovering around  1.1% ~ Iraq acquired this level of inflation control through 1) Buy back program which began in earnest in 2008 & 2) Tight monetary control policy. 

 

You have USD being used for oil transactions and IQD being used within the borders of Iraq for their citizens to 'basically and for all practical purposes' to get accustomed to the New IQD.

 

None of this is rocket science and I would expect my 'private banker' to at least be considerate of these facts and not retort to 'show me' the contracts that were used to jump start Iraq so they could buy oil with USD.  

 

Remember, this was so they could build wealth over the trek of the last 10 years via oil while keeping the 'supply' protected by an artificially low value and thus lowering the inflation rate through the whole process to what it is now 1.1%.

 

Seducing people by saying the Feds jumped started Iraq just doesn't follow for me.

 

Or how about the claim dealers seducing people by saying Iraq is to return to their pre 1990 International standing when their IQD was $3.22 to 1 USD? 

 

Was that really seduction? Not in my books. 

 

For example last Thursday Iraq was released from Chapter VII and in “draft resolution’s preambular part” which I read personally, The U.N. Security Counsel stated that they recognize that it is important for Iraq to return to their PRE 1990 International Standings. This when their IQD was in fact $3.22/USD.

 

No I wouldn't employ that 'private banker' anymore If I Was You.

[circletrack15]

My friend I mean no disrespect, all Iam saying is that yes the USD is up right now but Iam telling you its a false reading. The world currency fluctuates all the time so our dollar moves up and down in value. What Iam trying to tell you is that Everyone is bound by what our USD value is as everyone has to base their value on our USD. Iam sure that you know this. When we Global Reset, that will no longer be the case as each country will have to stand on its own merit and value based on its own assets.

 

China is banging the drum to get this done not only because they want to be top dog (as they are as far as making ALL! our imports) but also because they cant stand the fact that we are in sooooo much debt, instead of making a budget (Thats Balanced!) and making our own products (Like we used to, to export!) they hate that we just keep printing money as we need it? (We are the only country that can do that) sooner or later the credit card runs out of credit and money! I know that you understand what Iam getting at!

 

Our dollar might be up but Iam saying it again, its a false value!!!  Just as our wonderful community organizer, our President who has spent more money than all Presidents combined, who has said and was  reelected based on his promise to create jobs, make it affordable for college students to go to school (Not in California! it just went up again and students our being forced to quit because they need 3 jobs to pay for school!), has not allowed us to have a balanced budget for our country from the time of being sworn in to office, allowing our Government to take over our mortgage lenders, Auto Industry, and Banking system, giving Billions!! of dollars to start and fund Companies that have gone bankrupt, to allow the money presses to just print more money that we dont have, its beyond crazy and this is where Global Reset comes in. Theres comming a day (sooner than later!) when we will NOT! be allowed to just print money when they need it.

 

When the markets crashed in 07-08 ?? No one for the most part saw it comming, The USD was in no different shape than now except that now, we have gone so over board that when takes a hit again, and it will, it will be just like the Jimmy Carter days!!!! HYPER INFLATION!!! One thing I know for fact is that history repeats itself and brother we are going to see this happen again if something is not done about it!! This is not the same America that it was when I was a kid and it scares me and breaks my heart!!! Not bashing friends but I Love! My Country!!!! and it hurts seeing us move away from what we were founded on!! I pray all of are blessed by God above and we can talk about this stuff and not get to personal about! LOL! after all I just started the thing as a question statement!

 

Its Ramadon!!!! Let it be done soon Global Reset or not! lets RV!!!!!!!!!!

[Rayzur]

Circle, sorry to hear things are so rough and prayers that it will soon do a 180 in your favor..... 

I would really appreciate just one link... one sentence from any government agency talking about a reset.... And maybe I should say, talking about a reset the way its been bounced around in the goo roo pen.... Many currencies have re-adjusted, and I imagine it willend up being around 197 when they get done.... but the substance of that re-adjustment is so small its barely detectable in the world of you and me... and most certainly NOT at all what the NESRA folk have thrown out there so many times as a major windfall (what would be the purpose of doing that, we would end up in the same place... but just agreeing our money was worth more?? I actually really don't even understand it and have never seen a break down of what its supposed to be mechanically..... 

 

Also, Basel lll compliance in its complete form is not expected to be complete until 2019. I posted the exact table of dates and completion expectations in another thread.... if I can find it, I'll bring link in here if it woudl help your research.... 

 

And like Dog ... I love the exuberance with which you attack the quest for knowledge.... 

[Rasica]

Circle, sorry to hear things are so rough and prayers that it will soon do a 180 in your favor..... 

I would really appreciate just one link... one sentence from any government agency talking about a reset.... And maybe I should say, talking about a reset the way its been bounced around in the goo roo pen.... Many currencies have re-adjusted, and I imagine it willend up being around 197 when they get done.... but the substance of that re-adjustment is so small its barely detectable in the world of you and me... and most certainly NOT at all what the NESRA folk have thrown out there so many times as a major windfall (what would be the purpose of doing that, we would end up in the same place... but just agreeing our money was worth more?? I actually really don't even understand it and have never seen a break down of what its supposed to be mechanically..... 

 

Also, Basel lll compliance in its complete form is not expected to be complete until 2019. I posted the exact table of dates and completion expectations in another thread.... if I can find it, I'll bring link in here if it woudl help your research.... 

 

And like Dog ... I love the exuberance with which you attack the quest for knowledge.... 

 

Here are some financial experts discussing the necessary reset.

 

(Source: Bloomberg)

[BJinMontreal]

Nicely put Rasica

[Rasica]

Circle, sorry to hear things are so rough and prayers that it will soon do a 180 in your favor..... 

I would really appreciate just one link... one sentence from any government agency talking about a reset.... And maybe I should say, talking about a reset the way its been bounced around in the goo roo pen.... Many currencies have re-adjusted, and I imagine it willend up being around 197 when they get done.... but the substance of that re-adjustment is so small its barely detectable in the world of you and me... and most certainly NOT at all what the NESRA folk have thrown out there so many times as a major windfall (what would be the purpose of doing that, we would end up in the same place... but just agreeing our money was worth more?? I actually really don't even understand it and have never seen a break down of what its supposed to be mechanically..... 

 

Also, Basel lll compliance in its complete form is not expected to be complete until 2019. I posted the exact table of dates and completion expectations in another thread.... if I can find it, I'll bring link in here if it woudl help your research.... 

 

And like Dog ... I love the exuberance with which you attack the quest for knowledge.... 

 

 

Basel III went into effect July 2, 2013 but it will not be completed for the smaller banks until 2019 like you said.

 

Also there is a lawsuit to try to turn this back LAWSUIT =>

[BJinMontreal]

My only concern with Basel III is the need for banks to have Unencumbered High-Quality Liquid Assets to back their liquidity needs.

 

These are the same bankers who took subprime mortgages and were packaging them up and selling or trading them around as if they were Grade AAA Investments.  These guys already gambled with the economy once and lost - butt got bailed out by our governments.  Are we expected to believe they won't attempt the same thing again?

After all - Basel III states that these HQLA could be stocks - they don't have to be cash, gold, silver or other precious metals.

 

HQLA are comprised of Level 1 and Level 2 assets. Level 1 assets generally include cash, 

central bank reserves, and certain marketable securities backed by sovereigns and central 

banks, among others. These assets are typically of the highest quality and the most liquid, 

and there is no limit on the extent to which a bank can hold these assets to meet the LCR. 

Level 2 assets are comprised of Level 2A and Level 2B assets. Level 2A assets include, for 

example, certain government securities, covered bonds and corporate debt securities. Level 

2B assets include lower rated corporate bonds, residential mortgage backed securities and 

equities that meet certain conditions

[Rasica]

Basel III & Dodd/Frank are basically commingled for pulling the blinders over America's eyes again.

 

Thats right, they are doing it again with [Dodd/Frank Basel III] it is no longer seen as a bailout ~ now this whole scheme is set up

as a seditious [bail-in].

 

Meaning they can call anything "unencumbered" by "derivatives" aka; 'circular reasoning' via no 'gold standard' just a 'paper standard for schemes'. Yes stocks!

 

These guys are ruthless!

Edited July 9, 2013 by Rasica

[Rayzur]

Thanks much Rusica! I will read it later when I get to a more stable internet connection.... most interested in seeing what the folk have to say... and that something definitive was said.....

 

 

In other news, completely unrelated.... BJ do you know if Linux Mint has/requires  OS drivers for Linksys.... either bridge or wireless G adapter.. have both  ( I really really want to stay up in the loft without moving the modum) The install hardward is for Windows or Mac OS and I'd like to play with Linux for a bit... thanks!

[Rayzur]

Okay, just listened the  " Financial experts discussing the necessary reset"..... I didn't take notes, but the opshot I got was two expert investors were on the Bloombertg show Rewind, discussing "what keeps them up at night" ... they seemed to be focusing upon the Euro (which was taking headers off diving boards last year. There's no referential date other than that given in the description... as July 25th... I would guess of 2012. Thier background and commentary seems to be centered around the stock market.... In their opinion, it seemed certainly plausible that one Saturday night a new calibration of currency would be announced re: the Euro

The notes were:

July 25 (Bloomberg) -- Themis Trading's Sal Arnuk and Aegis Capital's Stanley Crouch speak with Bloomberg's Matt Miller about the concerns that keep them up at night as investors. They speak on Bloomberg Television's "Bloomberg Rewind." (Source: Bloomberg)

 

I'm certainly in no position to argue their opinion and have no expertise in market analysis and those things that drive it (other than to make a pile of money that I then lose,..... like catching falling knives).....

Given this discussion was at least a year ago.... and nothing of the type has happened.... and of course it still could certainly play out that way.....it doesn't seem to carry the same weight it might have in closer proximity to the date of broadcast...  And this is genuinely an opinion piece..... Expert at that to be sure... but one that does not in any way drive any monentary and/or fiscal policy.....

 

I was hoping for something a little more IMF eeeee or treasury ish.... or central bank ish.... etc etc that discussed the rubrics of such an event (even in the theoretical), or something with a tad more economic theory or structure... or a geo-political juxtaposed with geo-financial discussion.... kind of thing....

 

Interesting piece... and thanks for the link....

 

 

 

PS great lawsuit.... fingers crossed this goes forward and they prevail.....

Edited July 9, 2013 by Rayzur