Commentary on Judge Dale by Anonymous 10

John,

I fail to understand why intelligent people are not discussing the issues that Judge Dale alluded to.

For a while I thought we were looking for the USN/TRN to show publicly so that we would have an asset backed currency to exchange into.

Now I realize that is not the only criteria.  The bank holiday that Zap has spoken of earlier and that Dale addresses is really the prime issue.  Why?

Because of the worthless trillions in derivatives.  Under Dodd-Frank, the bail-ins will take all deposits, once the Fed dollar, dollar denominated derivatives, and thus the whole market fails.

Of what good is it to release Project funds, PP/F&P funds, or exchange funds when they will be subject to forfeiture under the current state of affairs?

That has to be dealt with first.  Thus, now that everything is in place, the order of things must be that physical gold must start trading in Shanghai.  This will begin the collapse of the paper gold and silver derivative markets.

Once the price of real physical gold reaches five times is current value, then the 20% asset backed currencies will now become 100% asset backed by gold alone.

All the other tier one assets become more or less irrelevant as backing instruments, including fossil fuel reserves. This opens the door in the immediate future to various forms of free energy, most specifically cold fusion, in order to convert over to a hydrogen based energy program without upsetting the asset backing of currencies backed by oil and gas reserves.

Do we think that this was their plan?  I sure do. It fits perfectly.

Once the Fed Dollar collapses with the rise in physical gold values, then the derivative markets, denominated in failed Fed dollars will also fail, as will the whole stock market.

That is the only way the old system can be ended.  We don't need the old system because the asset backed matrix funds will provide all the liquidity that is needed to start over and re-industrialize with new technology.

However, the old banking system network must be preserved.  So with the demise of the dollar and its derivatives, there must be a bank holiday necessary to seize these banks, back them from operational collapse by eliminating their worthless derivatives, and reorganize their deposits with new asset based currency.  This would place them under new ownership and new management.

What about the existing shareholders?  The value of their stock will go the way of the markets and the people who take over the major banks will immediately assume ownership of controlling interest as they buy up the stock for pennies under contract.

Once that takes place, then we will have both an asset backed currency as well as a safe place for our deposits.  This must happen first, otherwise there is no point in doing the GCR/RV.

So this must be what we are to look for.  Not the meaningless gibberish that gets bandied around as intel.

Anonymous 10