Posted 2-15-12, 08:09 AM
[jonnywg] Over the next few days we will cashin our rv’d DINAR. It is imperative to protect your principal amount that you put this money in an non-interest bearing account under the Frank Dodd Act. Or place your money in a money market account
… DO NOT INVEST YOUR MONEY IN ANY ASSETS AS THERE WILL BE A RESET, REVALUE, REALIGNMENT AND A RELOCATION OF CURRENCIES. The Stock Market, Gold, Precious Metals, Land, Properties, Yachts, Bonds, Mutual funds, Oil AND THE USD WILL RESET, …… Do not invest in any asset based investment for at least the next 6 months, reviewing every 30 days.
[KYRV39] I live in a trailer in a not so good area and you suggest we not buy for 6 months. Does that mean property values will drop and become cheaper?
[jonnywg] KYRV39 - PLEASE TEMPER JUSTICE WITH MERCY . GET OUT OF THE BAD AREA BUY A HOUSE .. JUST DO NOT INVEST IN PROPERTIES
[Trouble Maker ] Why worry about 'non-interest bearing' to be protected if we have Lloyds to protect us?
[jonnywg] Trouble Maker LLOYDS WILL NOT PROTECT PURCHASING POWER............... ONLY INTEREST BEARING AND MONEY MARKET WILL BE US TREASURY
[pollyanna] But won't your money in the bank also reset in value?
[jonnywg] pollyanna NOT IN THE tag account
[jonnywg] President's speech delayed from last night
[shalom babe] Jonnywg is suggesting to not invest for 6 months but I am thinking that as the USD drops so will the value of our new wealth..which will give us less $$ to use in 6 months. If I purchased a home for $500,000 and in 6 months the home value dropped along with the USD..wouldn't it be the same?
[jonnywg] shalom babe - in those accounts it will be gold backed
[1biz4u] BellaGrits is your intel still saying today or tomorrow?
[BellaGrits] 1biz4u YES, IT IS....I AM NOT AFRAID TO BE WRONG....I WILL GIVE YOU WHAT I HEAR.... I WANT TAKE THE SAFE WAY OUT....AND TELL YOU....IN THE NEXT WEEK OR HANG IN THERE...OR IT LOOKS GREAT....OR ANY OF THAT----THATS NOT WHAT I AM TOLD, WHY SHOULD I TELL YOU ANYTHING LESS?
[shalala] I understand that TAG insured deposits on non-interest bearing accounts for banks that did not opt out. What I do not understand is how the TAG protects the "value" of the dollars there. If I have $1M today and USD revalues, I still just get my $1M back at new reduced purchasing power right?
[jonnywg] shalala - TAG accts will be gold /oil/ precious metal based
[Gwaithfoed3] Jonny, are you saying that everything we have been hearing over the last couple of years about the Fed going away and the UST coming back with gold back currency is really what is happening? Moving back to a republic?
[jonnywg] Gwaithfoed3 yes
[jonnywg] BellaGrits destiny123 destiny123 it is happenin
[jonnywg] Cha Chang - Google Dodd Frank interest-free account
[BellaGrits] GOOGLE "DODD FRANK INTEREST BEARING CHECKING ACCOUNT" .... YOU CAN LEARN ALL ABOUT THE ACCT....THEY CALL IT SOMETIMES A "TAG" ACCT.....
[jonnywg] racehorse You will not lose 25% as in U.S. Treasury gold backed...... however moving it into other countries is is good ............ CANADA, UK, BRAZIL, AUSTRALIA
[SALTYDOG] What about Swiss francs?
[jonnywg] SALTYDOG SALTYDOG - NO, SWISS MAY LOSE THEIR GOLD POSITION
[texmom3b] It's very scary for me.... I have been in for a year and now with all the changes possibly coming, I fear I'll make a mistake and lose all we've waited for. So confused as to what to do when RV happens
[jonnywg] texmom3b - DO NOTHING BUT PARK YOUR MONEY IN AN INSURED ACCOUNT UNDER DODD FRANK ACT
[birdie] Where are we? Did China and USA come to an agreement?
[jonnywg] birdie - IN MEETINGS. WAS TO BE FINISHED YESTERDAY. THE CHINESE ARE STILL HERE
[shalala] BellaGrits Help me understand. I do understand insurance but seems if I put in $1M, it protects $1M not the reduction in purchasing power. I just dont understand that piece of it. I'm in banking/finance, but do not know anything about the new UST notes gold backed. What am I missing? Thanks.
[jonnywg] shalala - CURRENCY IN THIS ACCOUNT IS US TREASURY DOLLARS...... ALL OTHERS ARE FED RESERVE DEBT DOLLARS
[BellaGrits] shalala IT'S SIMPLE.....PLACE IN A NON - INTEREST BEARING CHECKING ACCOUNT---USE THE DODD FRANK ACT WE OUR OFFERED....
[Gram] UST dollars are already printed??
[jonnywg] Gram - YES
[biggyjc] I have a non-interest bearing checking account. How do i confirm if it's covered under the Dodd Frank Act?
[BellaGrits] biggyjc - ALL FDIC INSURED BANKS MUST OFFER THIS
[coach125] Aren't those called Tagged accounts??
[BellaGrits] coach125 - TAG ACCOUNT
[drizz] So does Iraq have hard currency today?
[jonnywg] drizz - THAT IS WHAT THEY ARE PUBLISHING
[1biz4u] In your opinion, will the rv occur in the next few days?? Or even today????
[jonnywg] 1biz4u YES -- IT IS NOW LATE.....
[BellaGrits] F D I C - FEDERAL DEPOSIT INSURANCE CORPORATION....... DODD FRANK IS IN ADDITION TO THE FDIC....NO FDIC DOES NOT STAND FOR DODD FRANK.
[Gram] Are the non-interest bearing accounts insured by the FDIC insurance the ones that can take 100 years to pay out?
[BellaGrits] GRAM - NON-INTEREST BEARING ACCOUNTS ARE COVERED BY THE DODD FRANK ACT TIL DEC 31, 2012. FDIC STANDS FOR FEDERAL DEPOSIT INSURANCE CORPORATION.....DODD FRANK IS IN ADDITION TO FDIC....ALL FDIC INSURED BANKS CARRY THE DODD FRANK ACT, OK?
[BellaGrits] DaisyMay - If your bank is FDIC insured, a non-interest bearing checking account is covered by the DODD FRANK ACT....ask your BANKER..... that is the law.
[MRP] Is it advisable, if we can, to open a TAG account now? I heard that this might help us not have to wait 24 hours to access money after cashin?
[jonnywg] MRP SEEMS THE BEST THING TO DO.......... OPEN IT NOW
