Tuesday, 3 June 2014
David Wilcock reply to Benjamin Fulford – June 2 2014
There’s much more that needs to be / should be covered. It appeared the US was going to be forced to sign a massive deal to reform the global financial system as of April 10-11th but they refused. The problem, then, was that there was no means to immediately force them to change their minds. Instead, the response is taking more time. Perhaps the Alliance didn’t expect such a blatant move.
Now it appears that the massive equity in the Collateral Accounts is going to be used to create an alternative financial system that will dwarf the IMF and World Bank in size, with the full backing of BRICS and other allies. This will be a gold and commodity-backed currency. Once people start using this for international trade instead of the dollar, it’s curtains for the FRN.
Also, perhaps the single biggest reason we haven’t seen arrests yet is the Cabal will destroy the financial system and thus take the planet down with them. There has been an urgent need all along to figure out “how to pay for it” once the hammer comes down. That’s why this new bank is so significant. The Cabal knows they’re out of time.
It is not clear how this will all manifest and time estimates are inherently risky — but it does appear that the alliance intends to have the bank launched by some time next month. I have other sources independently saying Germany will be a part of it as well as potentially France, right from the start.
It also appears the US is in position to make a switch from Federal Reserve notes to Treasury notes. The new money keeps getting counterfeited by the Iranians almost as soon as they design it, and apparently fully eight different designs have been made and printed only to have to start over yet again — just in the last 2-3 years. This means 1s, 5s, 10s, 20s, 50s and 100s have been made on eight completely different occasions with different designs for each, only to be shredded and to start over yet again.
There was talk that a one-time devaluation of US currency would occur, where if you were stashing cash (and only by amounts up to 10K per day), you could trade in FRNs for TNs if you did it within a week, and not lose any value. The gossip was that after a week the FRNs would be worth 35% less and then after 6 or 8 months they would drop by another 35%.
All money actually held in the bank would just convert from FRNs to TNs with no devaluation whatsoever. This move would convert the “black cash” held by criminals, drug dealers, et cetera into worthless paper and also eliminate what is apparently a massive problem with Iranian counterfeit, of very high quality. Apparently 2/3rds of all 100s in circulation are Iranian counterfeit bills and it’s a huge problem.
The latest gossip I’ve heard is that the FRN to TN conversion will not involve any devaluation — at least for those with their money in the bank. I am not sure about any of this — it’s only what various credible sources are reporting.
The US signing this deal on April 10th and 11th would have been a nice, neat, organized story, and instead what we have is a lot messier — a financial war reaching critical mass, where we really don’t know precisely what will happen or when it will happen. However, I do believe we will see the dam break and a great deal of suppressed knowledge will come out all at once.
It was just revealed that FOX only has 177,000 people watching in the key 25-54 advertising demographic. MSNBC is only getting 103,000 and CNN is down to 99,000.