Collateral accounts were a creation of the Cabal after WW1 when they persuaded many nations to give up their gold into their custody with an excuse that a gold-backed financial system with strong independent national banks creates geopolitical instability and can lead into wars like WW1. Bank of International Settlements (BIS) was created for that reason in 1930. After the creation of BIS, the Cabal went to China and persuaded the Chinese (sometimes gently and sometimes not so gently) to give up their gold in exchange for phony bonds.The Cabal never had any intention to repay these bonds back. The next phase of their operations was to steal the rest of the Eastern gold through the operation Golden Lily and then bury their lot in Philippines (Yamashita gold) and in Indonesia.
This gold was used to underwrite the western financial system under Bretton Woods agreement. The Cabal controlled the apparently fiat financial system which was visible and hid the shadow banking system which was created by putting large sums of money into central banking trading programs, using the hidden gold to back up their investment. Those programs soon generated astronomical sums of virtual money which could not be taken out of the banks as it was part of the shadow banking system (for example White Spiritual Boy account with all its virtual quadrillions of dollars) and only very small part of it was taken out through money laundering operations. Nobody who was not tied to Cabal was ever allowed close to those prosperity programs and even a small fraction of the programs that tried to include non-Cabal oriented people were soon seized or shot down by the Cabal.
The Cabal was steadily using the gold they have stolen to finance the construction of their underground military bases and their secret space program between 1953 and 2004.
In February 2012, the Resistance Movement removed all that gold from the hands of the Cabal. This is the reason Fulford can not find real proof of any current gold vaults anywhere in Asia. That removal of gold was a brilliant move. From then on we are having a real fiat financial system on the surface on the planet. That kind of financial system is very unstable and the Cabal has to be very careful with their financial machinations. For the first time in human history the financial system in not underwritten by gold. This creates a dynamic tension which speeds up the Event because such financial system can not exist for a very long time and would eventually collapse on its own due to lack of trust and lack of real foundation and that would be the last possible moment for the Event.
Now the Cabal tries to underwrite their unstable financial system with worldwide real estate grab and this is the reason for so many foreclosures of homes.
There is a lot of misunderstanding about the bonds the Cabal was issuing since the 1930s. These bonds can be never repaid back since the Cabal does not have the gold they stole throughout the ages from humanity anymore. They are also very short on liquid cash and that little they have is far from enough to repay even a small fraction of those bonds.
The purpose of these bonds is not to extract value from the Cabal but to use them as a tool to enforce the bankruptcy of their corrupt financial system when the time is right.
Historical owners of all that gold and bonds that represent it are not the Chinese, nor Keenan, nor White Dragons Society, nor anybody appointed M1 (monetary controller). The institute of M1 is a creation of the Cabal. The owner and true heir is humanity as a whole and after the Event the collateral accounts will be transferred to humanity in total.
After the Event the Resistance will return the gold to humanity and it will be stored on the surface of the planet to underwrite the new financial system. Therefore that gold will not be traded in open market, whereas gold in private ownership will be traded and exchanged freely.
This structuring of the new financial system is one part of a secret agreement which was made between 57 members of the Eastern Alliance in the Monaco Accords meeting in August 2011.
No new M1 will be appointed. No member of the Cabal will be allowed anywhere close to the collateral accounts, let alone the new Jesuit pope, and most of those people will be arrested anyway.
Various groups that are working to liberate the financial system from the hands of the Cabal (White Dragons, Keenan, OPPT) will have advisory role and a council of government officials democratically elected after the Event will be the trustees of the collateral accounts. The whole system will be completely transparent and this transparency will be supervised by the Resistance Movement.
Currency Revaluation (Iraqi Dinar, Vietnamese Vong) will have a minor role in the reset of the financial system as this is a transition into a true gold backed system under the supervision of the Light forces and NOT a speculative revaluation of currencies.
This new financial system will be only a temporary solution as true cashless society will be created on the surface of this planet after the First Contact, backed up by advanced spiritual technologies of the Galactic Confederation. This cashless society will recognize true value of incarnated human souls and will provide them with physical and spiritual abundance.
Many people are wondering why the Event does not happen already. It is because all etheric negative entities must be removed before that in order for the key members of the Event operation teams on the surface of the planet to work harmoniously. It is true that statistical mean value for the expected number of casualties at the time of the Event is around 100,000 people. But if anything goes wrong among the key people of the surface population coordinating the Event operations, it could be much higher and easily reach tens of millions of people and that is something the Light forces are not willing to risk. We have seen so many instances when so-called light workers or light warriors manifested intolerable behavior because they were under the influence of the etheric Archons. You might remember the French Revolution. It started so well and you know how it ended.
The Event will happen when it will happen. Until it happens, let us do everything that is within our power to make it happen as soon as possible in a harmonious way. It is important for the Light forces on the surface of the planet to unite, communicate, coordinate intel and align strategies.The next part of the planetary situation update will be most likely posted one or two weeks from now.