[JESTER] HI AND HAPPY THURSDAY EVERYONE…
[tmorrow1953] Jester Is there any reality to changing over to asset backed currency and that being a part of the Historic Bond scenario?
[JESTER] tmorrow1953 THEY ARE TWO DIFFERENT THINGS ALTOGETHER…
[tmorrow1953] so no known connection..
[JESTER] THE ASSET BACKED CURRENCY IS THE SDR… I BEEN REPORTING THAT FOR SOME TIME… I THINK SOMEONE FINALLY CATCHING UP ON RECAPS TODAY…
[JESTER] I HAVE EXPLAINED HOW IT WORKS AND WHY THEY ARE DOING IT… AND HOW IT CAN BE USED TO LEVEL THE PLAYING FIELD AND ELIMINATE DEBT… ALL THINGS THEY HAVE BEEN TELLING YOU WITHOUT KNOWING WHY FOR SOME TIME NOW…OR HOW FOR THAT MATTER…
[tmorrow1953] just heard some rumblings about there being one depending on the other
[JESTER] THE HISTORIC BOND IS DIFFERENT DEBT THEY WILL LIKE TO CLEAR UP AND MAKE MONEY OFF IN THE MEANTIME…
[JESTER] tmorrow1953 EVERYONE WILL LIKE TO SAY IT ALL DEPENDS ON ONE THING… IT DOES NOT… IT IS ALL A PROCESS…
[JESTER] THAT IS LIKE SAYING THAT CHOCOLATE IS REQUIRED TO MAKE A MILK SHAKE… WHEN OTHER THINGS WORK TOO… JUST A DIFFERENT FLAVOR…
[tmorrow1953] just interested because this DID NOT come from anywhere on the internet
[JESTER] tmorrow1953 THEY STILL DON’T HAVE ANYTHING TO DO WITH ONE ANOTHER… THE CLEARING OF THE CHINESE HISTORICAL DEBT IS ONE THING…
[JESTER] THE SDR IS ANOTHER… AN IMF CURRENCY BASKET DENOTING VALUE BACKED BY SECURITIES OF ONE FORM OR ANOTHER… AKA… ASSET BACKED…COMMON SENSE…
[tmorrow1953] I had suspicions that someone was pulling a chain about that
[JESTER] I SAW WHERE MTN GOAT IS DISCOUNTING THE WHOLE GCR CONCEPT… THE EVIDENCE OF THINGS IS NOT EVIDENT ENOUGH FOR THOSE THAT DON’T LIKE TO SEE IT…
[tmorrow1953] well, regardless, it will happen when it happens…
[JESTER] THEY ARE SELLING SDR BONDS NOW… THE SUBSTITUTION FUND IS MOVING AROUND… THE VALUES ARE CHANGING… SOMETHING IS CERTAINLY GOING ON… IF YOU CAN’T SEE THAT YOU ARE NOT LOOKING CLOSE ENOUGH… WE HAPPEN TO BE TRACKING IT PRETTY WELL… ADJUSTMENTS ARE CONTINUOUSLY UNDERWAY…
[tmorrow1953] movement is a good thing
[JESTER] IT APPEARS THAT OTHER THINGS ARE IN THE WORKS… I AM TOLD THE BUDGET IN IRAQ IS PASSED… YOU DON’T SEE THAT ANYWHERE I FIND YET… WE’LL SEE…
[JESTER] I AM TOLD ABADI IS COMING TO THE INAUGURATION AND HAS A MEETING SET UP WITH TRUMP… AGAIN, WE’LL SEE…
[diditrvyeet] JESTER that’s a lot happening soon
[JESTER] I’D BE MORE COMFORTABLE WITH THAT IF I COULD GET IT IN WRITING… IN ENGLISH ANYWAY… LOL
[JESTER] I HAVE CONFIRMED THAT TRUMP DID INDEED INVITE HIM…
[Truth] JESTER good
[JESTER] YOU CAN LOOK AT ONE ARTICLE HERE…
http://rudaw.net/english/middleeast/iraq/181120165
[MarySunshine] JESTER Would you tell us more about the US treasury notes? You had posted something a few weeks ago shortly before we closed…. something about the new treasury notes will happen first? I remember the hope of the dollar being replaced by the Treasury bills when we were watching to see if we would become a republic again and the Fed Reserve would be hobbled…. I’ve aged since then…. and well…. I need an update… or a reminder of what this will look like now with the Treasury notes vs dollar sticking around
[MarySunshine] JESTER That’s an apology up front for not remembering….
[JESTER] MarySunshine DO NOT BELIEVE EVERYTHING YOU HEAR ABOUT THAT… THESE PEEPS THAT THINK THERE IS A NEW TRN OR USN OR WHATEVER AND WE WILL BE MAGICALLY ASSET BACKED ARE MISTAKEN IN MY OPINION…. UNLESS THE TREASURY STARTS PRINTING IT’S OWN CURRENCY… THEN IT MIGHT BE POSSIBLE… BUT THE ONLY THING THAT WILL BE ASSET BACKED WILL BE THE SDR IN MY OPINION…
[JESTER] THE SDR IS AN ALLOCATION THAT IS BACKED UP WITH SECURITIES IN THE CENTRAL BANK OF THE COUNTRY BY IT’S ALLOCATION… THAT ACCOUNT IS FUNDED… IE… ASSET BACKED…
[MarySunshine] JESTER That is interesting…
[JESTER] SECURITIES ARE PHYSICAL ASSETS…GOLD OR WHATEVER…
[MarySunshine] JESTER What will the Treasury be doing with the funding coming in for the dinar and China deal?
[JESTER] MarySunshine I AM NOT IN CHARGE OF THAT YOU’D HAVE TO ASK MUNCHIN… ASSUMING THERE IS A WINDFALL FOR THEM… WHICH IS NOT WHAT IT USED TO BE IN MY OPINION…
[JESTER] I AM GUESSING IT WILL BE MORE OF A DEBT FORGIVENESS THINGIE… LIKE HERE ARE YOUR STUPID WORTHLESS TREASURY BONDS BACK…. LOL
[MarySunshine] Oh no…. ! lol
[JESTER] YOU ARE ALL MISSING THE POINT OF THE DEBT… THAT HAS TO BE CLEARED OUT…
[JESTER] YOU FORGET HOW FAR BEHIND WE ARE…
[Truth] JESTER clearing out the debt sounds like a good thing.
[MarySunshine] Truth That’s what I was thinking, too……..
[JESTER] WHAT GOOD IS BALANCING OUT EVERYTHING WITHOUT GETTING RID OF THE DEBTS?
[JESTER] WHAT DO YOU THINK ALL THE BOND STUFF IS ABOUT?
[JESTER] THIS IS NOT MAGICAL HUMANITARIAN STUFF… THEY ARE TRYING TO BALANCE THE LEDGER…
[happyjack] JESTER I hope it clears out my debt too
[Truth] making a more level playing field globally – eh?
[JESTER] I DON’T THINK THIS IS NEW NEWS… I BEEN SAYING IT FOR A WHILE…
[Truth] JESTER true.
[MarySunshine] What a great way for Trump to start a Presidency……
[Truth] We all need to do our part in praying for our President. He needs our support as we need his leadership to see good at hand…..imho
[diditrvyeet] JESTER the world has another chance to get real again and out from under usd
[tmorrow1953] Jester I have almost finished “Confessions….”. My head starts spinning after a while and I cant decide which side I am on. The “no wonder the world hates us” side or the “we are just trying to make the world a better place” side. I think I am on both!
[JESTER] tmorrow1953 GOT A LOT TO MAKE UP FOR… NEED THE RIGHT GOVERNMENT… AND GET RID OF THE UNDERGROUND CRAP…
[tmorrow1953] and re earn the respect we have lost
[JESTER] tmorrow1953 TOO BAD THE LARGE MAJORITY OF AMERICANS DON’T EVEN GET THAT…
[JESTER] THEY ARE CLUELESS ABOUT THAT FACT… THEY THINK IT IS PREJUDICIAL JEALOUSY WHEN IN REALITY IT IS JUSTIFIABLE HATRED…
[tmorrow1953] unfortunate, but true
[JESTER] NITE NITE EVERYONE…
