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Saturday, December 12, 2015

TNT CHAT WITH ELMERF123456, PART.2, 12 DEC

elmerf123456 wrote
9m ago

As you know, THIS weekend would circumvent a myriad of problems approaching later in the week. At this moment, it appears that this WILL be an RV into asset-backed gold-backed US Treasury dollars. The actual adjustment will likely occur Saturday night, so be ready for news either Sunday night or Monday morning. The problems being the market and how it relates around the world. We are in a fantastic position!

COdreamer wrote
4m ago

elmer does the RV into asset-backed gold-backed UST dollars change anything for us at exchange time?

elmerf123456 wrote
1m ago

Intel call is moved to 11 est.

elmerf123456 wrote
1m ago

It could come as fiat. Asset back is parity rates not the rates we've been hearing. That is fiat. If it goes fiat, more than likely it will be a short window b4 going asset backed.

elmerf123456 wrote
22s ago
Correct. The asset backed system has been in play quite a while. If it goes Fiat, the question ischia much pain threshold can the banks withstand.

elmerf123456 wrote
10s ago

I hope we are done. I want this just as much as anyone and am in the same spot as most.
COdreamer wrote
16s ago

elmer any thoughts on how asset-backed affects the rates at exchange time?

g8way2k wrote
moments ago
Is there a tutorial in our forum that explains what asset backed and fiat means in relation to our exchange?

elmerf123456 wrote
34s ago

Contest rates and high rates are segmented with the fiat system. Asset backed rates are more of a parity play butcyouvhave more buying power because an asset backed dollar is more valuable than fiat because it's backed. Fiat isn't backed by anything!

cudbuck wrote
1m ago
Reuters reported yesterday that the head of CME, which controls/runs the COMEX, resigns today..Ms Hunnable formerly worked for NM Rothchild, so she is eyeball deep in the metals market manipulation and the 600 BILLION+ puts coming home to roost on the 16th...main reason why the markets will go crazy, per martha & iko

elmerf123456 wrote
21s ago
Cud buck. That's called the unwinding.

elmerf123456 wrote
moments ago

Contract not contest.

elmerf123456 wrote
moments ago
I will take the rate system that comes and work my plan. Finishing this is the prize regardless of how it goes.

lovely2 wrote
1m ago
elmer would u prefer asset to fiat?

elmerf123456 wrote
39s ago

Fiat first then asset is my hope.

pigmy577 wrote
17s ago

Elmer inyo if we exchange in fiat and it is in a account what will happen when it goes asset backed to the ammount?.................

elmerf123456 wrote
16s ago
Pigmy a dollar is a dollar. You will have more buying power once it's asset value.

elmerf123456 wrote
moments ago

As China goes the world will follow.

Driftcurrent wrote
moments ago
I think if all bricks and n11 are going to be asset backed than a fiat dollar no matter how small a window it takes to go asset will be a big hurt for US

elmerf123456 wrote
moments ago
Currency system can be one way. You can have asset-backed currency and Fiat currency operating simultaneously it's one or the other

lovely2 wrote
40s ago
elmer if it comes out as fiat would you put it into the yuan until we go asset backed?

elmerf123456 wrote
12s ago
Lovely that's my plan.


Additional talk:

Driftcurrent wrote
4m ago
Elmer like you said how much pain can the banks handle under fiat

elmerf123456 wrote
3m ago
Drift not much more IMO.

Driftcurrent wrote
3m ago
Elmer we will have to be on our toes and move fast if this thing pops or smells like fiat

elmerf123456 wrote
2m ago
Yes it will. Drift yes you will.


lovely2 wrote
1m ago
elmer what will happen if we dont make the change to yuan and our currency stays in a us bank? do we stand to lose alot?

elmerf123456 wrote
1m ago
Lovely once this happens the banks will be flush for appeared of time it's important that you don't deal with banks that are very high in the derivatives you can go on Bis.org and look up that

elmerf123456 wrote
21s ago
You don't have to buy Yuan. However once that changes to go back it should increase about 600 to 800% so another words whatever you purchased it will go up about 6 to 8 times in value of that making money on your money

elmerf123456 wrote
14s ago
Gold backed

elmerf123456 wrote
10s ago

US dollar will not fail. It will adjust.

elmerf123456 wrote
moments ago

Hence the word currency reset.

elmerf123456 wrote
moments ago
We as a country during this adjustment. Will experience some hyperinflation put us currency holders will not be affected like others

elmerf123456 wrot

But not put
COdreamer wrote
54s ago
elmer if it goes asset-back first, would you still hold off investing until things adjust and calm down?

elmerf123456 wrote
1m ago
B2. US currency will go through an adjustment period like others but of course it will not fail but it will take a step back and a leap forward

elmerf123456 wrote
32s ago
There is no doom and gloom here currency reset is just what it says and because of the current season we all hold There is no doom and gloom here currency reset is just what it says and because of the currencies we all hold

elmerf123456 wrote
25s ago

It will be a blessing for all of us.

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