DJ: 2022 DID YOU KNOW?
As we watch the ever evolving GCR/RV/ Historical Asset redemption’s manifest, there are so many opinions and narratives that circulate one as a hell of time trying to figure out which one to follow or have faith in.
Forget all the mechanisms needed to facilitate the events for a second, such as asset recovery, OFS system development and implementation, applying hard tier one assets to values and on and on. The real question is “Who is in charge of what? “
There are three categories; Repatriation, Revaluation and Redemption .
It has pretty well been established that the 1924 German and Yellow Dragon bonds will be “repatriated first”. The shot callers and authority lies with the Department of Defense. There are sovereign liability issues attached to those particular bond issues.
The “revaluation of currencies” follow the repatriation and the authority lies with the IMF and the U.S. Treasury. And currently the ZWD only. And only a particular year and type. Again because of how the currency was printed and the sovereign liability attached to it.
Different to most currencies this one year issue, used bond verbiage that ties the good faith and resources of the country as guarantor to the value of the currency. The “redemption” of the Historical Bonds and Assets are handled by a “Sovereign Committee”. The name is somewhat self descriptive on how the committee was established.
The bonds and assets in question also have ties to multiple sovereigns and financial institutions’ liabilities as guarantors and are event driven to trigger. These bonds and assets are, in effect, contracts. The liabilities and guarantees are visible in the literature of the bonds themselves. All you have to do is “read the bond” to understand why they must be redeemed.
When you look at the totality of all the events none of them can occur without first establishing a baseline for valuing. So first relieve the liabilities associated with these instruments and the assets attached to them. Then redirect the values freed up to establish the baseline. Everything going around this concept is merely semantics and mechanisms to carry out the process.
In the past 6 weeks I have been told some five times that things were going to start. In the past 15 years I have been told literally hundreds of times the same thing.
So we need to quit watching the paint dry , when things kick in there will be no question of it happening. Everyone everywhere will know ……. DJ
https://www.rumormillnews.com/cgi-bin/forum.cgi?read=203642
