Received via email by Veritas at 11:16 AM EST. ~ Dinar Chronicles
GOOD DAY. I OFFER HERE MY OPINION ONLY; IT IS NOT TO BE CONSIDERED LEGAL OR FINANCIAL ADVISE, I.E. DISCLAIMER. YOU SHOULD USE A LICENSED PROFESSIONAL WHEN APPROPRIATE.
GETTING SO CLOSE. EACH TASK I DO, I WONDER IF IT WILL BE MY LAST BEFORE I GET THE 800 REGISTRATION NUMBER. AWESOME FEELING.
"Question for Veritas: NDA" - Anonymous Guest Post
Entry Submitted Anonymously at 3:34 PM EST on November 14, 2016
Question for veritas: .
If our funds are tax free, then all proceeds from investing it are also tax free, especially after nesara and new republic where irs is no more. So even if we refuse NDA they should still offer us the structure investment program 8.5% for 50 years. The question is can we move our funds at any time to another bank that may offer a higher rate like 20% and better service ? Banks must compete and give us the best rates so we should not be locked in with any bank.
WOAH, WAIT A MINUTE THERE. JUST BECAUSE YOUR FUNDS ARE TAX FREE DOES NOT MEAN THAT PROCEEDS FROM INVESTING IT ARE TAX FREE. NOT AT ALL.
IT IS REALLY IMPORTANT TO REMEMBER THAT UNTIL NESARA HAS CLEARLY HAPPENED AND TAX CHANGES ARE IN PLACE, YOU ARE OBLIGATED TO THE CURRENT SYSTEM. I WOULD NEVER SUGGEST THAT YOU ASSUME A FUTURE TAX SITUATION. YOU MUST BE PREPARED FOR THE CURRENT REALITY.
THERE ARE CERTAIN SITUATIONS WHERE INVESTMENTS WITH TAX FREE FUNDS HANDLE TAXES, BUT IN DIFFERENT WAYS. YOU CAN PUT THEM DIRECTLY INTO A 501C3 FOR INSTANCE, A ROTH IRA OR A ROTH 401K, OR A MUNICIPAL BOND OR A CHARITABLE REMAINDER TRUST, A VARIABLE LIFE INSURANCE POLICY, ETC. YOU CAN OFFSET TAX WITH TAX CREDITS FROM A SOLAR INVESTMENT. YOU CANNOT PUT IT JUST ANYWHERE AND HAVE IT BE TAX FREE. I CANNOT STRESS STRONGLY ENOUGH HOW IMPORTANT THIS POINT IS. IF YOU ACT UNWISELY AND PUT TAX FREE FUNDS INTO A TAXABLE ENTITY, YOU WILL BE TAXED APPROPRIATELY. PERIOD. NO GOING BACK.
THERE ARE BETTER WAYS TO STRUCTURE THAN THESE ENTITIES. IT REQUIRES A TOTAL STRUCTURE PLAN THAT MAY INCLUDE SOME OF THESE AS PIECES TO THE ENTIRE PUZZLE. THIS PROBABLY WARRANTS AN ENTIRE DISCUSSION IN AND OF ITSELF.
TO ANSWER YOUR QUESTION ON AN EARNINGS OF 8.5%, WE NEED TO DISCUSS THE POSSIBLE MEANINGS OF THE TERM "STRUCTURED SETTLEMENT". AS OF TODAY, WE DON'T KNOW WHAT THE BANKS WILL BE PRESENTING.
A STRUCTURED SETTLEMENT, SUCH AS YOU RECEIVE IN A COURT CASE, FOR EXAMPLE, IS MERELY A WAY TO PAY AN OBLIGATION, NOT AN INVESTMENT VEHICLE. IN THIS CASE IT IS NOT A BATTLE OVER NEGOTIATING FOR LARGER PERCENTAGES, IT IS A MEANS TO RECEIVE PAYMENTS DUE ON AN ORIGINAL OBLIGATION.
THE BANKS MAY HAVE CHOSEN TO USE AN INSURANCE COMPANY AND AN ANNUITY TO PROVIDE FOR THESE PAYMENTS. IN THIS CASE, IT DEPENDS ON WHETHER YOU CAN TRANSFER THE ANNUITY TO ANOTHER COMPANY, DEPENDENT UPON THE AGREEMENT ITSELF AND HOW IT IS TIED TO THIS UNUSUAL SITUATION POST GCR. IT MAY BE POSSIBLE TO SHOP AROUND FOR THE BEST RETURNS BUT NORMALLY THESE ARE NOT HIGH INTEREST VEHICLES.
WE DO KNOW THAT A TRADE WILL BE THE MEANS OF FUNDS INTO THE SELECTED STRUCTURE. WHY? BECAUSE IT MAKES IT A CAPITAL GAINS TAXABLE EVENT. THAT MAY TICK YOU OFF, BUT IT WAS A NEGOTIATED ITEM. I LOOK AT IT THIS WAY. WITH A REVAMPED GOVERNMENT HERE, IT IS DOLLARS GOING BACK INTO OUR COUNTRY'S INFRASTRUCTURE, SOMETHING THAT IS VERY MUCH NEEDED.
SOME QUESTIONS TO ASK. IF AN ANNUITY, IS IT TIED TO YOUR OWN LIFE? CAN THERE BE BENEFICIARY DESIGNATIONS? AN ANNUITY IS ONLY AS GOOD AS THE INSTITUTION PROVIDING IT. IF THAT INSTITUTION FAILS, SO DOES THE ANNUITY. IN THIS CASE, I WOULD PREFER SETTLEMENT WHERE THE BANK IS DIRECTLY RESPONSIBLE. I THINK THE DRAGON FAMILY, ALREADY OWNING A LARGE PIECE, IS MOTIVATED TO STAY AROUND, SO I HOPE THAT WHATEVER MEANS THEY SELECT IT WILL BE TIED TO THE BANK. THE INSURANCE INDUSTRY IS QUITE VULNERABLE RIGHT NOW WHILE BANKING IS ABOUT TO GO THROUGH THE ROOF, DUE TO THE GCR.
Is your source a high level banker, and if so which bank ? if it is just your opinion, then humbly say so because Clint Eastwood said “a man’s gotta know his limitations.”
A LIFETIME OF EXPERIENCE, A FAMILY HISTORY OF SUCH THINGS, MULTIPLE, HIGH-LEVEL CONTACTS ACROSS BANKING, FINANCE, LEGAL, BUSINESS, POLITICAL. THAT SHOULD COVER IT. HOWEVER, CONSIDER EVERYTHING HERE AS SIMPLY MY OPINION, NOT LEGAL FINANCIAL OR BANKING ADVICE IN ANY WAY. THIS IS A CONVERSATIONAL FORUM FOR GENERAL DISCUSSION ONLY, I.E. DISCLAIMER.
Banks are greedy and by forcing us to take a lower rate they will have less money on deposit so this may be used to get them to drop NDA so we could put more $ into the bank….can you confirm this?
Ask the bank to explain on why NDA is in our best interest….and if the cant or wont, they politely ask them to drop it…will they do this?
HERE IS MY UNDERSTANDING ON THE NDA. FIRST, YOU ONLY GET TO SELECT ONE RATE THAT APPLIES TO ALL YOUR CURRENCY. YOU CAN'T TAKE PART OF IT AT BASE RATE AND PART AT A NEGOTIATED RATE. IF YOU TAKE A BASE RATE, THEY ARE NOT INDICATING AN NDA. IF YOU TAKE A STRUCTURED SETTLEMENT, THERE WILL BE AN NDA. THE NDA IS FOR OTHER PURPOSES SO YOU CAN'T NEGOTIATE IT AWAY. THAT IS DETERMINED AT HIGHER LEVELS AND NOT UP TO THE BANK.
THE BANK MAKES THEIR MONEY TWO WAYS. THEY CHARGE FEES FOR HANDLING THIS TRANSACTION, TYPICALLY 4 POINTS. THEY WILL MAKE MONEY OFF THE MONEY WAITING OR PROCESSING TO PAY THE STRUCTURED PAYMENTS. THESE ARE ENORMOUS AMOUNTS, YOU ARE QUITE CORRECT. I WOULD START BY NEGOTIATING YOUR FEES DOWN BY HALF. I WOULD BE CERTAIN TO SEE THE GREEN SCREEN AND VERIFY THAT THEY ARE NOT CUTTING THE RATE FOR YOU AS THEY DO RETAIN EXCESS.
There are always bad bankers who game the system to steal our money, so instead of preaching Yosef should look for ways for us to rule the banks, control our money, get the best returns because 8.5% sucks…..
Did you know that banks can arbitrage a 2% rate difference on Treasuries or do a carry trade on foreign exchange and leverage it 30x to make 60% a year? So for them to pay us 8.5% is pure theft
YOU OBVIOUSLY HAVE EXPOSURE TO A HIGHER LEVEL OF KNOWLEDGE. MY SUGGESTION TO YOU WOULD BE TO TAKE A BASE RATE, CREATE YOUR OWN BANK, USE YOUR OWN ARBITRAGE OR TRADES TO EXPERIENCE THAT RETURN. WHAT YOU SUGGEST WILL DEPEND ON YOUR OWN EXPERTISE OR THE EXPERTISE THAT YOU HIRE.
THAT SAID, THESE ARE SUCH LARGE AMOUNTS THAT THERE IS A POINT WHERE ONE MUST QUESTION HOW MUCH IS ENOUGH. HOW MUCH DO YOU WANT TO BE RESPONSIBLE FOR? THE SIMPLER METHODS ALLOW YOU TO FOCUS ON PROJECTS AND NOT ON MONEY MANAGEMENT.
I AM GOING THE PRIVATE BANK ROUTE BECAUSE I AM FAMILIAR WITH IT, TOO. THERE ARE OTHER METHODS THAT INCREASE FUNDS AS WELL. I THINK A LOT OF US WILL WANT TO FIND WAYS TO PROVIDE FUNDING FOR OUR DESCENDENTS WITHOUT RESTRICTION OR LIMITATION. IT REQUIRES A LOT TO SET IT UP BUT THE BENEFITS ARE LARGE AS YOU HAVE SAID. I USE MY OWN PRIVATE BANKER TO SET UP STRUCTURES. THAT WAY I DON'T HAVE TO WORRY ABOUT THE REGULATIONS. HE DOES. I WILL ASK PATRICK ABOUT SHARING RESOURCES HERE FOR A FUTURE POST.
Tell us about roll programs or platforms for trading with quintillions, because we are used to 100% returns or better…..we should be partner with the bank on all trades so NDA and giving us low rates are really obscene and destroy all trust with the bank.
AGAIN, I THINK YOU WILL NEED TO TAKE BASE AND THEN DO YOUR OWN MULTIPLYING. I HIGHLY DOUBT THE BANK WILL PARTNER WITH YOU UNLESS YOU HAVE A SPECIAL BACKGROUND PERHAPS. I SUPPOSE YOU NEVER KNOW UNTIL YOU ASK. MORE POWER TO YOU.
I DON'T THINK THAT IT IS YOSEF'S RESPONSIBILITY TO FIND AND BRING THESE THINGS TO YOU. IT IS YOUR OWN RESPONSBILITY TO DETERMINE HOW YOU WILL HANDLE IT AND NEGOTIATE YOUR OWN
Tell the bank NDA=intent to screw that pissed people off so they should just drop it to improve customer relations and reputation of the bank
BE VERY CAREFUL HERE. IF YOU GO INTO THE BANK AS A "PISSED OFF" PERSON, YOU WILL FIND YOURSELF ESCORTED OUT AND DENIED ACCESSAAAFROM EXCHANGING ANYWHERE YOU WILL LOSE EVERYTHING. GET A PROFESSIONAL UNDERSTANDING AND WORK WITHIN THAT FOR REAL EXPECTATIONS. YOU CAN ACCOMPLISH EVERYTHING YOU HAVE DISCUSSED HERE ON YOUR OWN AFTER YOUR EXCHANGE. ANGER HAS ITS PLACE, BUT NOT EXPRESSED INAPPROPRIATELY. TAKE CHARGE BY GETTING ALL YOU REASONABLY CAN, BUT THEN THE ONUS IS ON YOU. YOU TAKE IT FROM THERE FOR YOUR OWN INCREASES. REMEMBER, THERE ARE PLENTY OF CUSTOMERS FOR THE BANK. YOU ARE ONE OF MILLIONS. DON'T BECOME THE CUSTOMER THEY WILL NOT WORK WITH OR EXCHANGE. TURN YOUR PERSONAL AGENDA INTO A FIERCE DETERMINATION TO DO IT YOURSELF. YOUR LIFE WILL IMPROVE GREATLY AND SO WILL THOSE AROUND YOU.
"Can Veritas Help With Trades?" - Anonymous Guest Post
Entry Submitted Anonymously at 8:43 PM EST on November 14, 2016
I have a few questions regarding the exchange itself, the value of the USN and trading platforms, that I hope you can answer;
1. What is the true and current value of the USN against the USD? i.e. 1 USN = ??? USD
MY UNDERSTANDING IS ONE ON ONE AT THIS MOMENT.
2. Is there a possibility that the amount (face value ) of ZIM being exchanged by an individual will be capped (regardless of what rate is agreed upon), and the excess amount will be moved to the custody of the exchanging bank, and removed from the individual exchanging?
THERE WAS A LOT OF DISCUSSION OF CAPPING IN THE BEGINNING BUT NOT IN THE WAY YOU MENTION. THE STRUCTURED SETTLEMENT REPRESENTS THE CAP. THE QUESTION HAS BEEN AROUND WHAT PERCENTAGE CAN BE TAKEN OUT IN CASH UP FRONT WITHOUT OBLIGATION FOR PROJECTS. IN THE PAST, THERE HAS TYPICALLY BEEN AN 80/20 RULE, OR TWENTY PERCENT OUT OBLIGATION FREE AND 80 PERCENT OBLIGATED TO PROJECTS. THAT IS WHY THE TIER 1S GATHER PROJECTS. IN THIS CASE, THE QUESTION WAS IF IT WOULD APPLY TO EXCHANGES.
OF COURSE, WITH THE LARGER AMOUNTS, THIS PERCENTAGE ALLOWED OUT WITHOUT OBLIGATION COULD DROP DRAMATICALLY. THE NET EFFECT WILL BE THE SAME AS FAR AS THE CASH YOU MAY HAVE ANTICIPATED, BUT THIS MAY BE THE WAY THEY TRY TO SLOW INFLATION. IN OTHER WORDS, IF YOUR RATE GOES WAY UP, YOUR UP FRONT MAY GO DOWN, BUT IT WILL BE A SIMILAR AMOUNT SINCE THE OTHERALL RATE INCREASED. I HOPE THAT IS UNDERSTANDABLE. I BELIEVE YOU WILL HAVE PLENTY TO MULTIPLY IF YOU WISH, DO WHATEVER YOU WANT WITH. THIS IS NOT SOMETHING THAT WILL BE NEGOTIABLE. IT WILL BE DECIDED BY THE SOURCE OF THE MONEY, AS IT IS THEIR RIGHT TO DO, THE DRAGON FAMILY. AGAIN, THIS IS MY UNDERSTANDING ONLY. WE WILL ALL SEE AT THE EXCHANGE.
3. Do you have direct access to trading platforms in either the US or Europe? I would like to have the option of taking the screen/market rate, and then managing the funds in order to generate profits to fund the humanitarian projects, my self.
MARVELOUS! I CAN'T DIVULGE SOURCES AT THIS TIME BUT WILL SPEAK TO PATRICK ABOUT HOW THIS TYPE OF INFORMATION MAY BE DISSEMINATED. IN NO WAY AM I ATTEMPTING TO SELF PROMOTE. I WILL DISCUSS THIS WITH HIM. MY FOCUS, AS YOURS SURELY IS, ARE ON THE PROJECTS I HAVE METICULOUSLY PREPARED AND GETTING THEM OUT TO HELP THE SUFFERING MILLIONS.
Thanks in advance
YOU ARE WELCOME. HOPEFULLY WE ARE MAKING INROADS INTO AN UNDERSTANDING OF THIS CHANGE FOR OUR GREAT COUNTRY. IT IS QUITE A PROCESS. I KNOW THAT MANY ARE FRUSTRATED WITH THE DELAYS AND TIME FRAME. I DON'T FIND IT DISCOURAGING AS I STUDY THE ENTIRE PROCESS AND ALL THAT IS INVOLVED. EVERY SINGLE ONE OF US WOULD FEEL DIFFERENTLY IF WE WERE ACTUALLY ON THE FRONT LINES. WE CAN HELP BY WATCHING WHAT HAPPENS AND UNDERSTANDING AND TRUSTING THEIR CHOICES ON THE FRONT. IT IS VERY CLOSE NOW. THAT IS WHY I AM HERE, ANSWERING QUESTIONS. PREPARE YOURSELF MENTALLY WITH POWERFUL VISIONS OF THE FUTURE AND YOU WILL HELP BRING IT HOME.
TO PATRICK, LEENISH AND OTHERS. THANK YOU FOR THE COMMENTS. THEY ARE A WONDERFUL SIDE BENEFIT OF THIS KIND OF EFFORT.
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