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8.16.2017 - Free Investing Newsletter Bookmark

Wizard of OZ
 
In the movie the Wizard of Oz, the all-powerful, all knowing Oz really just turned out to be a little man behind a curtain, with no special powers, but who had all sorts of smoke and mirrors and eerie noises he could use.

Well we have Wizards of Oz’s too. The highest level global elites that push the buttons and pull the levers and change the perception of the world. However the difference is that our Wizards don’t only change perceptions, they change systems. They change economies. And the next change is going to be one so big, that getting our arms around it is not easy.
 
Ever since the introduction of Bitcoin, the concept of using block-chain technology has exploded. While Bitcoin and Ethereum are the two best known crypto-currencies, there’s over 200 of them out there now and more being developed every day. Now, some of these are trying to work like old fashioned money used to work, by having a physical, tangible backing of some sort. For instance there’s now two crypto’s formed where their digital coins are actually based  on grams of gold. 
 
But I need to go full circle on you all for a minute. Remember way way back, say maybe  the early 2000’s, I wrote a few articles concerning the use of SDR’s? As the stock market meltdown was causing economic troubles around the world, the IMF was doling out SDR’s to countries, in a sort of “bail out’ maneuver until they got stabilized.
 
So, what’s an SDR?  The SDR was created by the IMF in 1969 as a supplementary international reserve asset, in the context of the Bretton Woods fixed exchange rate system. A country participating in this system needed official reserves-government or central bank holdings of gold and widely accepted foreign currencies-that could be used to purchase its domestic currency in foreign exchange markets, as required to maintain its exchange rate.

Only a few years after the creation of the SDR, the Bretton Woods system collapsed and the major currencies shifted to floating exchange rate regimes. Thus the use of SDR's was lessened.  However, more recently, the 2009 SDR allocations totaling SDR 182.6 billion played a critical role in providing liquidity to the global economic system and supplementing member countries’ official reserves amid the global financial crisis.
 
 
 
An SDR is a Special Drawing Right. Basically it’s the money of the money controllers, Central bank reserve money. A way for the IMF and  Bank of International Settlements (BIS) to sure up economies when they run into trouble. It consisted of the Dollar, the Pound, the Yen,the Euro and Then in 2009 and 2010 I wrote a lot about them, because China wanted their currency included in the weighting. That came true, just as I expected it would and now the Yuan is part of the SDR.
 
Okay, so why am I talking about them now, especially in the context of blockchain developments? Well, there’s been some very very strange developments lately and I think that if I’m reading this right, the “reset” I’ve been saying has to come, is going to be bigger and much more different than I first thought.
 
In doing research for the “economic/financial” reset, I said that the IMF was currently working on adding up the actual physical assets of each nation, to get a “value” of that nation for their equations. So they’d look at the lumber it could produce, or the oil it could produce, or the wheat, or the manufacturing, or the ore, or what have you. All those things combined, along with the “monetary” wealth of its citizens, gives you the “value” of that nation.
 
But recently, we’ve got hints that all of that “value” is being digitized. Block chained into a digital form, that eventually can be “traded”.  I’ve said until I’m blue in the face that one day the US dollar will NOT be the global reserve currency. I’m going to be proven right and this NEW SDR is going to be the global reserve currency.  This is sort of scary.
 
I want you all to watch this 2 minute video, produced by an outfit called acchain.org.  Here’s the Video:  https://www.youtube.com/watch?v=CJ73hIFWcpw

It’s done in English but was created in China. At one point it says “Blockchain, the Devil uses it to destroy the world. Then next it says, “the God uses it to benefit mankind”.  That’s pretty weird talk, especially from an outfit doing something I’ve never seen before. Follow along....
 
In the 2 minute video, it appears show how all nations will digitize and go through “nodes” of which there are only a few. So if I’m following the script here, the new SDR is to be digitized, with the Assets of every country AND PERSON and his PROPERTY digitized.

So, once they blockchain digitize all the assets of everything everywhere, that will be the SDR’s value, and all currency will be pegged to that value. No more dollar/Euro or Dollar/yen. Nope, it will all be based on the nations share of value in the global SDR. 

The name acchain.org actually stands for “Asset collection chain”, ( how creepy is that?) and first they digitized a bunch of tea in China, and turned it into a digital coin. But what they’re doing now in TEXAS is really frightening to me.
 
A land developer based in China, has bought up 900 acres and is building homes. The Homes and land have been digitized and an ICO (Initial coin offering) has been launched. Now here’s the kick. It states implicitly that US citizens can NOT be involved with this project. You can’t buy into this. Only foreigners. What the hell is up with that? The housing is in Texas! 

Check this, it’s frightening:

 
 
So follow the plot. The IMF wants a digitalized SDR, where the value of everything on the planet is included in the calculations. Every home, car, boat, RV, etc, gets digitized value and turned into a token, which is going to be globally tradable.  Now this gets spooky. They’re promoting the idea that if you have tangible assets, why not turn them into digital money and go spend it at the mall, or the doctors, or go shopping?  Well, what happens when you “spend” all your asset value? Who owns your house or car then?
 
This is all very new. The acchain.org stuff just got rolling in May. But it’s a start and they’re definitely testing the waters here. But it seems to me that while my prediction was pretty close, about how the IMF was working on valuing all the nations of the world to set their SDR value, I had no idea they’d be working right down to the personal property of  the average citizen. Well it appears that this is where they’re going. And... they’re going to want you to spend your “value”.
 
This isn’t some form of crude joke. This is happening. The real estate coin initialed at 50 million, and they’ve sold some 45 million already. So property just outside Dallas Texas, has been turned into digital tokens and bought up by foreigners, no US citizens allowed. Call me the conspiracy nut if you want, but there’s something long term sinister about all that.
 
They want a global currency. They’re going to try and do it with SDR’s. They’ve already started the process, and I’m not certain about how it develops, but this acchain outfit is definitely one of their testing grounds. It appears that the IMF has given the keys of developing the SDR’s for the world, to acchain.  We’re going to have to pay attention to this, it could get really creepy.  These folks are the real Wizards of Oz.
 
The Market:
 
And the beat goes on. Monday the market soared higher, Tuesday it took a pause day and today, despite it being the Fed’s “minutes” reading day, we were up quite strongly.  Yes things got a little sketchy when the manufacturing and policy forums that Trump had set up with the CEO’s of business, was declared dead.
 
The CEO’s afraid of Leftist boycotts and badmouthing, simply had to play the politically correct card and distance themselves from Trump. Despite what he said as being the truth and that both sides were guilty of vile things, the left only wants to hear that white nationalist men are the scum of the earth. The Nazi’s. and that Antifa, and anyone that will go fight them are somehow hero’s.
 
We’re headed for civil war folks. It’s already started. This insanity about toppling the monuments of confederate Generals isn’t some wonderful stand against racism, it’s a perverted view of  history. Note;  the civil war was NOT fought over slaves. That’s what people have perverted the issue into, however slavery was way way down the list of Confederate problems.  Another interesting fact is that 98% of the slave owners... were democrats. Ooops.
 
I don’t want to get into that whole discussion right now, but just so you know, this was a letter that Lincoln sent to Horace Greely a prominent New York Editor:

As to the policy I "seem to be pursuing" as you say, I have not meant to leave any one in doubt.

I would save the Union. I would save it the shortest way under the Constitution. The sooner the national authority can be restored; the nearer the Union will be "the Union as it was." If there be those who would not save the Union, unless they could at the same time save slavery, I do not agree with them. If there be those who would not save the Union unless they could at the same time destroy slavery, I do not agree with them. My paramount object in this struggle is to save the Union, and is not either to save or to destroy slavery. If I could save the Union without freeing any slave I would do it, and if I could save it by freeing all the slaves I would do it; and if I could save it by freeing some and leaving others alone I would also do that. What I do about slavery, and the colored race, I do because I believe it helps to save the Union

Well if he was willing to do anything in his power to “save the union” including not doing squat about slaves... then obviously slaves weren’t the issue at hand. The union needed saving from something else. ( the north taxing the hell out of the south was the big one)

Anyway, after dipping on the CEO/disbanding of the policy forums, the Fed’s minutes hit. Well you couldn’t have asked for a more dovish set of minutes. Nowhere was there mention about reducing the balance sheets and selling assets. In fact it seemed like they were talking about when they might talk about it.
 
So  the market bounced right back up. But, it didn’t last. Yes, they liked the fact that the Fed’s seem impotent. But with the CEO’s abandoning Trump, they instantly thought that getting tax reform done might not happen.
 
The bell rang and we had 25 DOW points, 3 S&P’s and the NASDAQ got 12. They weren’t willing to buy it all up, and not willing to sell it off. A lower volume, indecision day.  You can see that via the chart candle the DOW and S&P made. When you have a long thin tail and a long thin spindle top, with the index closing “thin” between the two, that’s a sign of struggle. Push and pull, but no victory either way.
 
This isn’t hard to imagine. With all that’s going on around the world, the seemingly unstoppable noise over Trump/North Korea/Iran, etc, indecision makes a lot of sense. But I also wonder if the Central banks reasoning for propping up this market, has a lot to do with the IMF and their SDR scheme. I think it has to.
 
We’re very close to challenging the all time high levels. Resistance is normal. Some chop here is normal. Now all we have to do is wait and see if we break clear for another leg up, or we stumble. We should know soon enough. Stay tuned. 

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