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Sunday, October 5, 2014

KERMIT53 TIDBIT: COMMENTS BASED ON SOURCES INVOLVED IN THESE TRANSACTIONS, 5 OCT

10-5-14 Kermit53: This is extremely important. The Chinese Historical Bonds are all gold backed and therefore the currency used to buy them back automatically becomes gold backed.

The original plan was to pay in TRN's only (gold backed digital currency). Now the banks have the approval to convert TRN's to the Sterling Pound and Euros which will now make those gold backed as well, but only for the amounts involved in these transactions (think high trillions).

The end result is that most of the major currencies will be partially gold backed (asset backed). This is one of the most important ways for funding the RV/GCR and other global projects.

My above comments are based on sources involved in these transactions.

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