Received via email by VERITAS at 12:16 AM EST. ~ Dinar Chronicles
Tuesday, November 29, 2016
"Questions from Canada for Veritas" - Guest Post by Canadian Girl
Entry Submitted by Canadian Girl at 2:29 PM EST on November 29, 2016
Dear VERITAS, I have been reading your questions and answers and with great respect. I have a LONG list, and I was hoping that you could give me your thoughts too. As my username reflects, I am CANADIAN. Those of us from North of the 49th parallel have relied greatly on the information coming from the USA. In Canada, we have had NO information provided from within our borders. It is a different business culture here in Canada. For example, when something is confidential that means NO INFORMATION is provided. Yes, some have been able to go to their Wealth Manager and get general information such as, “I will watch for those currencies.” I laugh saying this to you, but that is the honest start and finish to the conversation with Wealth Managers.
I HAVE MANY FRIENDS IN CANADA AND SO OF COURSE I COMPLETELY UNDERSTAND. THAT IS NOT TO SAY I KNOW EVERYTHING, BUT I DO KNOW THE PROVINCES (MY LITTLE JOKE). I HAVE BEEN FASCINATED WITH CANADA SINCE MY YOUNGER DAYS. I USED TO SEND FOR EVERY VACATION BROCHURE FROM EVERY PROVINCE AND DREAMED OF GOING THERE. WHEN I WAS FIFTEEN, I SUCCEEDED. I STILL CARRY YOUR TREMENDOUS COUNTRY IN MY HEART. I WILL DO MY BEST TO ANSWER YOUR QUESTIONS. THANK YOU FOR YOUR KIND REMARKS.
Here are my questions:
We have seen everything from SOUP to NUTS with rates, for example:
IQD: $1 USD to $3.70 USD
VND: .47 cents USD
ZIM: .13 to .22 cents USD
IQD: $3.70 to $7
VND: $3 range
ZIM: $1 (based on 20%)
THESE ARE REALLY A PRETTY GOOD AND CLOSE OVERVIEW OF THE POSSIBILITIES. I THINK A BIT LOW, BUT EXCELLENT JOB. REMEMBER, ASK THEM TO SHOW YOU THE SCREEN WHEN YOU ARE AT YOUR EXCHANGE SO THAT YOU WILL KNOW WHERE YOU STAND FOR EACH LEVEL.
Sky is the LIMIT :)
I wanted to ask you if you could clarify on WHERE these rates are coming from, if possible. Logic says that some may be depending on what a BANKER is advising is on a screen without showing what that rate means. I believe and understand that the 3 dollar rate range for the Iraq Dinar is reflective of their OLD rate prior to war being reinstated. There has been some verification that rates in the 3 to 4 dollar range has been done.
I AM AN OVERVIEW, QUICK AND DECISIVE KIND OF PERSON. I AM PROBABLY NOT BEST AT GIVING A THOROUGH REVIEW OF THE "WHY". I REALIZE THAT IF THEY SHOW ME THE SCREEN I CAN RELY ON IT. IF YOU WANT TO KNOW MORE, I BET THEY CAN ANSWER IT AND WOULD TAKE A FEW MINUTES TO DO SO FOR YOU.
There has been much discussion regarding SOVEREIGN RATES. When I hear sovereign it has always been with the understanding that this was TIER 1 (some) and that primarily this was a COUNTRY rate? Could you give us some REALITY so individuals have a better understanding of what to expect?
SUCH A GREAT POINT HERE. TERMS CAN BE SO CONFUSING AND IN THIS CASE THERE ARE TWO MEANINGS FOR SOVEREIGN THAT BECOME VERY IMPORTANT. SOVEREIGN DOES NORMALLY REFER TO A COUNTRY, YOU ARE CORRECT. IN OUR CASE, SOVEREIGN CAME TO REFLECT PRIVATELY NEGOTIABLE RATES, REGARDLESS IF IT WAS A COUNTRY OR A LARGE ORGANIZATION OR AN INDIVIDUAL WITH A REASON TO NEGOTIATE. I PREFER TO USE THE TERM PRIVATE NEGOTIABLE RATE SO THAT THERE IS NO CONFUSION ON THIS POINT. IN SOME CASES IT MAY BE A VOLUME OF CURRENCY THAT LEADS TO THIS CATEGORY. IN OTHERS IT IS THE INTENT FOR PROJECTS THAT MAKES INCLUSION POSSIBLE.
Yes, I have read that some people who have very well constructed HUMANITARIAN projects, could negotiate for a higher rate but if you could give us thoughtful reality, that would be very helpful.
You see, it is my logic that makes my face cringe thinking that a bunch of CURRENCY holders are going to go in with a short humanitarian list or project THINKING ….”All I have to do is tell them I want to SAVE A WHALE, and they will give me 50 QUADRILLION dollars to do that.”
I AM ROFL, AS THEY SAY. YES, I SHARE YOUR THOUGHTS. I HAVE WORKED FOR A DECADE DEVELOPING NOT ONLY A PROJECT CONCEPT BUT THE BUDGETING FOR 20 OR 25 YEARS OF OPERATION, INVESTIGATED OR OBTAINED EQUITY IN THE TECHNOLOGY, MET WITH GOVERNMENTS, OBTAINED PERMITS--YOU KNOW, REALLY WORKED AT IT WHILE YOU ARE WAITING. YOU JUST DON'T WANT TO SEE SOMEONE GO IN WITH A ONE PAGE OVERVIEW AND BE AT THE SAME RATE.
HOWEVER, I HAVE BEEN SINCERELY IMPRESSED WITH SOME PEOPLE THAT I HAVE MET THAT YOU CAN TELL THEY ARE SPIRITUALLY DRIVEN, FANATICALLY SO, TO DO PROJECTS DESPITE NOT REALLY HAVING ANY EXPERIENCE OR KNOWLEDGE. I THINK THEY WILL ALSO BE VERY SUCCESSFUL IN THEIR OWN WAY.
LET ME SAY THIS. YOU JUST DON'T NEED THE MAXIMUM RATE IN ORDER TO HAVE PLENTY OF PROJECTS. IT REQUIRES REALLY LOOKING AT YOURSELF AND YOUR MOTIVATIONS.
IN A PRACTICAL WAY, IT HELPS YOU TO GET A HANDLE ON YOUR IDEA WHEN YOU PUT IT TO PAPER. YOU CAN DO AN EXECUTIVE SUMMARY THAT DESCRIBES THE PROJECT WITHOUT DOING AN ENTIRE BUSINESS PLAN. IT IS A GOOD PLACE TO START. IF YOU DON'T HAVE EXPERIENCE IN PROJECTS, YOU ARE GOING TO HAVE TO HIRE SERVICES OUT, SO WHY NOT INVESTIGATE THE TYPES OF COMPANIES THAT OFFER INSTANT BUSINESS SERVICES SO THAT YOU CAN INDICATE WHO YOU PLAN ON WORKING WITH? THERE ARE LOTS OF THEM OUT THERE NOW. YOU CAN GET AN INSTANT SECRETARY, LAWYER, ACCOUNTANT, MANAGER, ETC. YOU WILL NEED GOOD PROJECT MANAGEMENT SO LOOK AT PROJECT MANAGEMENT FIRMS THAT CAN TAKE THAT ROLE FOR YOU.
YOU CAN ORGANIZE YOUR THOUGHTS IN THIS WAY EVEN ON THE INTERNET IN A FEW HOURS. IT WILL MAKE A HUGE DIFFERENCE IN YOUR LEVEL OF CONFIDENCE IN WALKING THROUGH THAT EXCHANGE DOOR. IT'S FUN. IF MONEY ISN'T THE OBJECT, HOW WOULD YOU DO IT? WHO WOULD YOU WANT TO WORK WITH?
IN SUMMARY, LINE UP TWO AREAS IN YOUR MIND.
1) YOUR EXPERTISE. RATE IT ON A 1 TO 10
2) YOUR MOTIVATION LEVEL, RATED 1 TO 10.
ADD THEM TOGETHER. IF YOU COME OUT AT A TEN OR HIGHER AS A TOTAL, FEEL GOOD ABOUT THINGS. CONSIDER A STRUCTURED SETTLEMENT IN THE MID-RANGE. IF YOU ARE CLOSER TO THE 20 MARK, FEEL CONFIDENT THAT YOU SHOULD BE AT THE TOP END. GET IN THERE AND NEGOTIATE A PRIVATE RATE PERHAPS. THAT IS JUST A COMMON SENSE APPROACH. TAKE IT OR LEAVE IT.
Your wisdom is appreciated, and will make the exchange process FAR easier.
GREAT. HOPE THAT HELPED
WHY are we part of this?
In understanding the BASEL III requirements of countries and institutions (Banks), logic tells me that the CURRENCY holders are the LIQUIDITY for the BANKS and COUNTRIES. We have heard a GREAT deal about GOLD backed currencies of late but, is this GOLD backed perhaps not better named: ASSET BACKED as per Basel III?
ABSOLUTELY RIGHT. NATURAL ASSETS. AS OUR TECHNOLOGY HAS CHANGED, THE ASSETS THAT ARE IMPORTANT CHANGE. JUST LOOK AT WHAT RARE EARTHS HAVE DONE FOR ZIMBABWE ZIMS. DECADES AGO, THOSE TYPE OF ASSETS WERE COMPLETELY UNKNOWN.
So IF I am correct in seeing the IMPORTANCE of managing debt (ZERO), resetting global debt, and ensuring that countries and banks are ASSET BACKED once again…. it is not a FAR REACH to see that the importance of the FIRST STEP is to have the money come into these countries and banks via the CURRENCY HOLDERS. POOF liquidity.
AGAIN, RIGHT ON.
I too am Christian and love “Blessed are the meek, for they shall inherit the Earth” Mark 5:5
The importance of this question is to HELP the currency holders not only understand that they will have MORE MONEY in their accounts, but WHY?
TO CHANGE THE WAY WE LOOK AT LIFE, THE WAY WE LIVE LIFE, THE WAY WE CARE ABOUT EACH OTHER AND THE WAY WE TREAT EACH OTHER. IT ISN'T ABOUT MONEY AT ALL. IT IS ABOUT AN OPPORTUNITY TO NOT BASE LIFE ON NEEDING OBTAINING OR WANTING MONEY. ITS LIFE BASED ON TRUST AND RESPECT AND LOVE. AWESOME.
STRENGTH of the BANKS (post exchange)
Generally thinking, the BANKS will be much safer after the RESET (or what ever name given to this). WHY would banks be safer? It is the LIQUIDITY provided through the currencies to the banks, backed by sound debt free governments. This liquidity will FUEL countries to have massive INFRASTRUCTURE funds to employee the billions of people on Earth.
Do you too have thoughts about the SAFETY of most banks?
YOU ARE RIGHT. IT WILL BE SAFER. IT WILL TAKE SOME TIME TO STRAIGHTEN IT ALL OUT, HOWEVER. I WOULD SUGGEST ONCE YOU GET YOUR FUNDS, DIVERSIFY INTO MULTIPLE CURRENCIES, BUY GOLD OR OTHER HARD ASSETS, REAL ESTATE, ETC. DIVERT TO MULTIPLE BANKS AND MAINLY SMALLER, LOCAL ONES LIKE CREDIT UNIONS, OR THE LIKE. HAVE A RELATIONSHIP AND USE YOUR "BIG" BANK, BUT NOT EXCLUSIVELY. THINK OF IT AS A VEGAS BUFFET AND YOU WANT GOOD VARIETY.
INTEREST RATES and STRUCTURED PAYOUTS
I have seen a lot of information about WHAT to invest your NEW FUNDS in. Some people have stated we may be offered ANNUITIES or STRUCTURED PAYOUTS with fixed high interest rates. Now I definitely see the VALUE for most people to look very STRONGLY at STRUCTURED PAYOUTS but I am wondering HOW we can manage interest rates of 8% or higher on the significant volume.
There is a beautiful thing called COMPOUNDING that really is almost more important than the original exchange itself. If people are LOCKING IN at high interest rates such as 8%, the original amount you put in is going to grow at an astronomical rate.
COMPOUNDING IS A VERY SIMPLE EFFECTIVE METHOD TO SECURE THE FUTURE. IF PATRICK ALLOWS, I WILL SHARE SOME RESOURCES HERE AT THE RIGHT TIME. THIS IS THE SAME AS EVERYTHING ELSE IN THIS PROCESS--IT IS ABOUT CHOICE. DO YOU WANT SAFETY VS. RISK? ANNUITIES. DO YOU WANT HIGH RETURN? TRADES. THE REASON I WILL PUT MOR LATER IS THAT A LOT OF THE WAYS OUR MONEY SYSTEM WORKS NOW IS ABOUT TO CHANGE. BIG TRADES MAY NOT BE THE NORM ANY MORE. BUT THERE WILL BE OTHER WAYS TO BE EFFECTIVE. I WILL BE HAPPY TO SHARE AT THAT TIME.
I have seen some posters comment about HYPER inflation from the influx of the exchange monies. This is a VERY VERY GOOD QUESTION… Are any of your contacts able to give details on what is going to counter hyper inflation occurring?
For example: If 1,000,000 (1 million) people run out and starting BUYING houses, cars, businesses, etc. this is a beautiful example of supply/DEMAND!!!! Yes, I intentionally capitalized the DEMAND part because if people are worried about a RUN on the BANK…. they really should be more intrigued by the RUN ON THE MARKET.
I’m smiling right now, and again appreciate your wisdom.
I'M SMILING, TOO. THAT IS EXACTLY THE KEY. THERE IS A REASON PROJECTS WERE CHOSEN AS THE METHOD FOR INTRODUCING THESE FUNDS OUT. PROJECTS TAKE TIME TO REALLY PUT IT ALL OUT THERE. IT IS A SLOWER, MANAGEABLE METHOD. STIMULATING THE MARKET IMPACTS MANY OTHER FACTORS IN A POSITIVE WAY. WE WILL ALL WATCH AS THIS HAPPENS. PAY ATTENTION. THIS IS A ONCE IN A LIFETIME CHANCE TO STUDY WORLD ECONOMICS. I BELIEVE THAT IF YOU IDENTIFY YOUR MARKET AND DELIVER SOMETHING THEY DON'T BELIEVE THEY CAN LIVE WITHOUT, YOU WILL BE FINE. THIS CAN BE NON-PROFIT AS WELL AS COMMERCIAL. FIND THE NEED AND IT WILL ALL WORK FOR YOU.
EXCHANGE of CURRENCIES
My logical heart and mind says, this will be like a NORMAL exchange with just the most fabulous balance in my bank account. When this exchange takes place, I HIGHLY suspect that our banks, and financial planners will be taking a strong lead in training and providing specific details to each of their NEW BIG clients.
Are you also hearing that the BANKS and FINANCIAL planners (Wealth Managers) are WAY ahead of us in the list of simple steps that each of the currency holders will take?
YES, BUT THEY WILL BE OFFERING STANDARD FARE. THAT'S OK, BUT PLEASE TAKE AT LEAST A PORTION AND TAKE SOME RISK WITH IT. RISK IS WHAT ALLOWS UNPROVEN TECHNOLOGY TO GO FORWARD AND HAVE A CHANCE. RISK IS THE WAY TO BRING NEW THINGS INTO THE MIX. RISK SOLVES WORLD PROBLEMS. DOESN'T ALWAYS WORK BUT DOESN'T MATTER. IF YOU HAVE ONE SPLENDID SUCCESS THE REST OF THE OPPORTUNITIES CAN FAIL. A GREAT SUCCESS MAKES UP FOR MULTIPLE FAILURES.
We are in a beautiful window that is now LOUD in Iraq. Their news, government and CBI have all been confirming that Monetary Reforms are soon if not up to January 2017. This is an unprecedented UPDATE from Iraq. So, my thoughts are we are in a WINDOW between NOW and January 2017. Do you too agree that this is the window? What are your thoughts on SLOW AND SYSTEMIC roll-out to SLOW any potential for hyper inflation?
SLOW IS GOOD, BALANCED WITH SPENDING FOR STIMULUS.
I am unaware of any information that pertains to Canada having any groups, or contracts? Do you have any information about Canada that could be helpful for those of us who are NORTH of the 49th parallel?
You are the BEST and I greatly appreciate you taking the time to answer my questions.
I ENJOY LOOKING AT YOUR INTERESTING QUESTIONS. I HAVE DEVELOPED A LOT OF PROJECTS FOR CANADA, NOT THE LEAST OF WHICH IS CLEANING UP THE TAILINGS PONDS. I WOULD WELCOME CONVERSATIONS ON THIS AREA OR SIMILAR PROJECTS. PASS A CONTACT THROUGH PATRICK IF YOU'D LIKE. YOU HAVE UNIQUE SITUATIONS. DISAPPEARING NATIVE AMERICAN WOMEN, POLLLUTED LAKES, AQUIFER CONTAMINATION. THERE NEEDS TO BE NEW INNOVATION TO STIMULATE THE ECONOMY AS SOME OF THE TECHNOLOGY THAT IS TRASHING THE COUNTRY IS ALTERED. CANADA IS SECOND TO NONE IN NATIONAL, NATURAL TREASURES, AND NOT THE LEAST OF THESE ARE HER PEOPLE. THANK YOU FOR YOUR QUESTIONS TODAY.
Tuesday, November 29, 2016
"Dear Saint VERITAS" - Guest Post by Northern Light
Entry Submitted by Northern Light at 8:19 PM EST on November 29, 2016
Dear Saint VERITAS,
Yes, you are human and yes you are fallible, but you are real, compassionate and this community trusts you....or maybe I should speak for myself....I trust you. All those who were deemed saints walked as humans. St. Paul was a murderer but still a saint. Thank you so much for what you do, from the bottom of my Canuck Heart.
BLESS YOUR GENEROUS, CANUCK HEART THEN. THANK YOU.
It seems everything has changed in the blink of an eye.
This leads me back to my original questions...since circumstances appeared to have changed.
1) is there a limit to the time frame for redemption? I am hearing the 6-10 day window is now a thing of the past.
I LAUGH AT THAT BECAUSE I'D LIKE TO SEE THEM STOP US FROM GETTING IT DONE QUICKLY. EVERYONE IS READY. THEY WILL LET US KNOW.
2) is there a limit to the time frame that a particular redemption rate will remain active?
I DO HEAR THAT THERE WILL BE SOME LIMITATIONS. THE PRIVATE NEGOTIATED RATES WILL ONLY BE AVAILABLE FOR THE FIRST FEW DAYS. IF THAT IS YOUR INTENT, GET IN AND GET IT DONE. YOU DO HAVE THE RIGHT TO STATE REQUIRED TRAVEL OR ILLNESS ISSUES AND AS LONG AS YOU MAKE YOUR APPOINTMENT, YOU CAN EXTEND PAST THE DEADLINE TO HAVE THAT APPOINTMENT.
3) if there are no limits in these areas, is there a reason can you give me for not gifting my friends and relatives with a (for instance) $200,000 VND note for Christmas? They could take them and exchange them for whatever they managed to negotiate. I think they would likely do some research and come to some conclusions of their own, thereby alleviating me of any burden to educate them and then (or thinking me crazed) allowing them to speculate on where my personal wealth may have materialized from and being unable to determine the depth of said wealth.. This would be accomplished without breaking any NDA.
MY SUGGESTION WOULD BE TO CONSIDER A CHARITABLE REMAINDER TRUST (CRT) AFTER EXCHANGING AS AN ALTERNATIVE. THIS IS A REALLY GREAT WAY TO DIRECT A BENEFIT WITHOUT HAVING A GIFTING OR TAX HIT. I JUST LOVE THESE. IN THIS CASE, YOU CAN USE YOUR ASSET TO ESTABLISH AN INCOME STREAM FOR YOUR FRIENDS AND FAMILY. IT LOWERS THE AMOUNT OF TAXES PAID, PROVIDES A STEADY INCOME STREAM AND LEAVES THE REMAINDER TO A FAVORITE CHARITY. IT IS TRULY A WIN-WIN-WIN. IT IS A GREAT WAY TO HANDLE GIVING THE BENEFIT AWAY. LOOK IT UP ONLINE AND SEE A LOCAL EXPERT IN IT.
I sense you walk with the Lord, as do I. I hope to one day meet you on the other side of this RV...while we change the world together.
I am your neighbor to the North and a Sister in the Lord.
Pretty awesome eh????
VERY AWESOME. I CAN'T IMAGINE WALKING WITHOUT HIM. HE HAS BECOME MY PARTNER IN RELATIONSHIPS, IN BUSINESS, IN FAMILY, IN FUN AND IN LIFE. THE SUSTAINING POWER BEHIND BEING ABLE TO HANDLE THIS "PRE" EXCHANGE TIME HAS BEEN ANOTHER WITNESS TO ME OF HIS GREAT POWER AND WISDOM. I HAVE GROWN MORE THAN I COULD HAVE IMAGINED. I FEEL SO READY AND IT BRINGS PEACE TO MY SOUL. I AM ALREADY SHIFTED INTO THIS OTHER WAY OF LIVING AND EAGER TO GET ON WITH IT. PLEASE, LET'S MAKE IT A POINT TO GET TOGETHER. THERE JUST ISN'T A PART OF CANADA YOU CAN TUCK AWAY IN THAT I DON'T ENJOY VISITING, EH?
HOURS OR LESS AWAY, EVERYONE.
I DON'T KNOW ABOUT YOU, BUT I HAD A HEADACHE TODAY FROM THE CRAZY UP AND DOWNS. I AM GLAD I HAD THE TRUST TO REMAIN CALM, BUT STILL A LOT GOING ON. I LISTEN TO THAT VOICE WITHIN AND KNOW THAT WE APPROACH OUR TIME. IT IS HIS VOICE I TRUST THE MOST. MAY HE BLESS ALL OF YOU AS OUR JOURNEYS BEGIN.
WHAT TRULY WONDERFUL PEOPLE YOU ARE. I HAVE SEEN THE BEST OF YOU AS YOU HAVE ASKED QUESTIONS AND COME FORWARD. I DON'T HAVE ANY QUESTION OF YOUR FUTURE SUCCESS.
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