As most of you are aware, I represent Mr. Michael C. Cottrell who will be responsible, under the Gold Treaty, to implement the U.S. Dollar Refunding Project.
In the course of such representation we of course engage in a continuing colloquy. Today, in hopes of shedding some further light on what is occurring in the background, I want to share a few items with you:
1. Very early this morning I received another inquiry [there have been hundreds of similar] to the effect of “…Shouldn’t we shareholders (and others) be DOING something?”
These are normally received in the obvious context of assisting and hastening the denouement of ER, the WGS and the GCR. I again posited this to Mr. Cottrell, who responded as follows:
SINCE AUGUST 2015, WE HAVE SEEN CHINA TAKE DIRECTED ACTION TO DAMAGE AND DESTROY THE FIAT/DERIVATIVE MARKET BY ATTACKING THE CURRENCY VALUATION OF THE FIAT USD AND EURO BY REDUCING THE VALUE OF THE YUAN AND PACKING AS MUCH (USD/EURO) DEBT INTO THEIR MARKETS WHICH ARE ALSO EXPOSED TO THE WESTERN SECURITIES MARKETS.
THIS ACTION HAS PLACED ALL FIAT BASED MARKETS ON A VERY SLIPPERY SLOPE, SINCE CHINA NOW ONLY HAS TO MAKE A SLIGHT MOVE — AND LET PANIC DO THE REST.
THAT IS WHAT WE ARE SEEING NOW — FOR THE LAST FOUR DAYS.
IT IS MY OPINION, THAT THE MARKETS WILL MELT DOWN BY THE BEGINNING OF NEXT WEEK OR SOONER….SINCE THE WESTERN MARKETS HAVE NO RECOURSE OR METHOD TO STABLIZE THE LOWERING OF THE MARK-TO-MARKET PRICING,
THIS DESTABLIZES THE VALUATIONS OF THE FINANCIAL INSTITUTIONS’
PORTFOLIOS MARK-TO-MARKET PRICING. ERGO, THESE PORTFOLIO VALUES WILL CONTINUE TO DECLINE TOWARD ZERO ON A STEEP SLOPE —- UNTIL THEY HIT THE WALL OF BANKRUPTCY, AND THE DISSOLUTION OF DERIVATIVE FINANCIAL INSTRUMENTS.
IN OTHER WORDS, WE HAVE STARTED THE FIGHT —-CHINA AND PUTIN ARE FINISHING THE WAR.
IN MY OPINION, WE WHO, WITH A LOT OF HELP FROM OUR FRIENDS, HAVE STARTED THE FIGHT, NOW NEED TO STAY OUT OF THE GIANT’S SANDBOX UNTIL THE BLOOD IS CLEANED UP—- VIA THE IMPLEMENTATION OF THE GOLD TREATY AND THE RELEASE OF THE GOLD-BACKED REPUBLIC TREASURY NOTE.
THESE ARE THE RATS THAT I HAVE BEEN TALKING ABOUT..
THIS SENATOR SHOULD BE TAKEN OUT AND HANGED ON THE CAPITAL LAWN…..FOR ALL TO SEE WHAT A RAT LOOKS LIKE.
The import of these two items is simply to advise you that things are proceeding in the background, enormous progress has been made to date, and many if not most of the RATS have been identified [and are being dealt with].
My advice – sit back for a week or so and watch the fireworks.
Blessings to all,
A.Clifton Hodges (CSBN 046803)