So….Who Wants to be a Millionaire? With the Coming Global Currency Reset, Just About Anyone Can…..If They Want to!!! Here’s Some Practical Thoughts and Advice!
The upcoming global currency reset or currency exchange (C/E) reset has raised a lot of questions. This Q&A is intended to add some prudent information to help those who are not sure about getting involved or have some questions.
But first a little background, on me. Most of you remember me as the initial Director of The Hope Chest and I was the co-host on the “Let’s Talk 2012 and Beyond” radio program, and just last week I started a new radio program on Wednesday nights called “The Sedona Connection.” (www.thesedonaconnection.com.)
But, I also have a background in banking and finance, was a former State Senator and I’ve been a market trader for over 17 years. I now live in Sedona, AZ and I’m helping a group of about 50 of us that have purchased dinar and dong……we’re all about to become overnight millionaires and we are taking the prudent steps of being responsible with our new gift of wealth.
I’ve been writing, giving help, direction and practical application to the group now for about 5 months. I am offering this insight to a larger group with some practical Q&A. Many of you have friends or family you’d like to participate in this C/E but they are not about to believe in what many consider a hoax or scam. They want some proof or practical reasoning about what is about to happen. This Q&A should help.
What is the Global Currency Reset or Revaluation?
While the Iraqi dinar (IQD) has had most of the attention, there is actually a complete global currency reset about to happen. About 198 currencies in the world are being reset backed by assets and commodities such as gold, silver, oil, wheat, rice, etc. Various economists and experts have said we must do this or the whole global financial system will collapse.
What is the Basis of This Currency Reset?
A few weeks back there was a You Tube video posted on various blog sites by Bix Weir mentioning the elimination of worldwide debt. The real basis of the interview was the coming currency collapse. All of the G8 countries (U.S, Canada, France, Great Britain, Germany, Italy, Russia, and Japan) have fiat currencies, meaning there is nothing backing them up but the good faith of the government. We know how good that is considering most of them are theoretically bankrupt. The Federal Reserve in the U.S. can print money at will and put it into circulation at any time. They have been doing this by the trillions for the last few years; it’s obvious they think money can grow on trees as they can just print up whatever they want whenever they want. This normally causes a huge cycle of inflation, devaluing of the currencies, and leading to a collapse. Every fiat currency in the history of the modern world has eventually collapsed and all of the G8 countries are currently in debt beyond their ability to recover. They are all theoretically bankrupt beyond their ability to pay back their debt, meaning it’s only a matter of time before their currencies collapse. This printing of trillions is just kicking the can of the collapse down the road. Bix Weir stated we are on track for this collapse in the next 2 to 4 months. The collapsing currency also eliminates all debt as money has become worthless. He stated we are on a path of two choices, currency collapse or a global currency reset backed by commodity assets. One is inevitable (the collapse) if we do not do the other (the reset).
Who’s Behind this Currency Reset?
The shadow governments controlled by the cabal/illuminati have manipulated the global finances of the modern world for a couple of centuries. They currently manipulate and control the stock market, price of gold and price of oil. They have deliberately kept about 60% of the world’s population living on less than $2 per day and the rest of the developed world in some form of economic slavery. The ultra-wealthy 1% has controlled the rest of the world’s population through the power of controlling the world’s money supply.
Their lust for power and control is about to fall apart. A coalition of about 160 countries led by the BRICS nations (Brazil, Russia, India, China, South Africa) have formed a united front on the G8 and called their bluff of corruption and greed. The G8 so weakened the world economy it gave way for the 160 nation coalition to step up and call “check” in the world financial chess match. It’s game over; the coalition is demanding a return to asset backed currencies to stabilize the world economy. The IMF (International Monetary Fund), World Bank and BIS (Bank of International Settlements) have quietly been working on this reset for 5 to 10 years.
Why are the Iraqi dinar (IQD) and Vietnamese dong (VND) so Important?
There are three currencies that are way out of balance with the rest of the world; the Indonesian Rupiah is the third. While I’m not familiar with Vietnam’s full story, Iraq’s has been more center stage. Both of their currencies were devastated from their wars with the U.S. as their currencies can be purchased for 1/10th of pennies on the dollar. In 1990 when Saddam Hussein invaded Kuwait, the country was placed on economic sanctions by the U.N. They could not trade their goods on the open international market and their currency was taken off the foreign exchange. This is a U.N. Chapter 7 seven status.
On June 27th, 2013 the U.N. Security Council voted 15-0 to remove Iraq from chapter 7 and return them to chapter 6 status. Here they once again became a member of the international trading alliance, but to do so they must bring their currency back onto the foreign exchange market, meaning it must be revalued.
Today 1162 dinar will trade for $1 U.S. In 1990 before the sanctions .29 dinar would trade for $1. To reverse the trade value, in 1990, 1 dinar would trade for $3.47. Today approximately 21,100 Vietnamese dong will trade for $1 U.S. So you can see the huge imbalance. When the currency reset is backed by commodity assets those values will skyrocket and come back into balance with the rest of the world.
So Why Are the Dinar and Dong Going to be So Valuable?
Each country’s currency value will be based on the countries tradable commodity assets. Not only does Iraq have the 2nd largest oil reserves in the world, but they have huge gold mines. Many are speculating that Iraq’s dinar could become the strongest currency in the world. Their Prime Minister was recently quoted as saying, “We have billions and billions of barrels of oil to trade, but we do not even have running water.” Their country has been devastated by war and they want to rebuild. They are hungry and anxious for this reset to happen and are willing to pay handsomely for it.
For Vietnam, it’s rice, the world’s largest food commodity. Vietnam is the 2nd largest rice producer in the world, have large amounts of rubber and they have offshore oil rigs. They have been selling their rice and oil to China who has kept their currency in suppression since the war. Based on an open and free market the value of their rice and oil will explode to be on par with the rest of the world.
So, What are the Exchange Rates of the Dinar and Dong going to be?
That’s the trillion dollar question!!! Some individuals have been working on this C/E for close to 10 years. For most of that time speculation had the dinar returning to its 1990 value of $3.47 and the dong around $.47. Based on my involvement, talking with scores of people involved and reading the blog sites every day, I believe these are the minimum rates. But, in the last month so much has changed. The key was the U.N. vote on June 27th to bring Iraq back into the global open market, when that happened everything changed. Since then the blog sites have been saying the reval could happen any day now. But, things change virtually every week, and sometimes every day.
What most people don’t know is the U.S. government has trillions of dinars to exchange. They want the value to be high so they can pay off the U.S. debt and they have been negotiating behind the scenes to get the rate as high as possible. Many insiders who have contacts in the IMF, U.S. Treasury, the Central Bank of Iraq, and some of the larger banks in the U.S. have been reporting the rates are already appearing on the back screens of the bank officer’s computers. This has been going on for over a month and the rates are reported to be very very high. While this is all speculation at this time, the intel appears to be very reliable. Some feel those rates are just test rates and will not be accurate, while others are reporting those are the C/E rates for the private groups (I’ll explain that later.)
Ok….OK…so what are the Rates?
Speculation has the minimum rates of the dinar at $3.47 and the dong at $.47. The upper rates…..I hope you’re sitting down. The dinar is at $23.50 and the dong at $3.60. Do the math; you’ll see why we can get excited!!!
100,000 dinar minimally will become $347,000 and 100,000 dong will become $47,000. At the high end 100,000 dinar will trade for $2,350,000 and 100,000 dong will become $360,000.
So……What are the Costs?
There are different options for purchasing the currencies. Because the dong is currently tradable on the open market it can be purchased at a local bank. But, don’t expect to walk in and get the currency the same day. Most of the banks have to order it from larger HQ’s and it will take about 3 days before you will have it in hand. Others have mentioned you can go to a foreign exchange booth at a local airport. But, I wouldn’t count on that either. For security reasons they do not keep large quantities on hand. The larger quantities you would likely have to get through a bank or through the online certified dealers. - READ MORE HERE