Jim’s Daily Rant. How The US Can Convert The Fed Reserve Dollar Notes Into Gold Backed Money.

The night before I heard from my friend Jack, in a dream state I saw how the title above can be done.

Yesterday you saw where my friend Jack asked my opinion on why Trump told the Federal Reserve that he will not revalue gold, which he has the power to do. My response to Jack was “If Trump does not revalue the gold, the Federal Reserve is bankrupted. Once they are insolvent or bankrupted, Trump is free to revalue the gold and save the U.S.”

Jack called me an hour later and we discussed how the above might play out. We agreed that Trump’s starting position is to simply take the M1 figure (the Dollars in world circulation) and divide it by the number of ounces of gold the U.S. has. That answer is the starting point for the new gold valuation in the U.S., but not the world. Sounds simple enough, doesn’t it?

But it’s not that simple. First if Trump declares that answer is $XXX,000 Dollars per ounce and other countries compute it to be $XXX,000 plus or minus $XX,000 per ounce, there will be a panic for money changers to swap currency into gold in countries that rate it on the minus side, and then sell it to countries that rate it on the plus side. This is called “Arbitrage” by the money assholes that get filthy rich playing with money all day but never creating anything in the process but destruction.

The above is Trump’s problem #1. His #2 problem is the spooks all over the world have printed Dollars off the books of the Treasury/Federal Reserve. Thus the numerator (M1) in our original formula could be double in size because of all the Off Book Dollars created by our CIA, other countries’ cousin CIAs, and all of their bastard kids (corporations and NGOs). Our government never wanted to know about all of this looting (wink, wink) and so never published it the official numbers.

So imagine that all Federal Dollars and Treasury Bonds are to be converted in only one day at Bank “A” only. The calculation was done and the required gold backed Dollars have been printed representing all the gold the U.S. has and is in that bank’s vault.

The bank opens and by noon they have run out of the new Gold Backed Dollars. Then they realized all was well until the CIA and Black Rock walked in and wiped out the entire vault!

To make it worse, they were indeed printed by the treasury but for some reason there is no record found for those Dollars’ serial numbers. In the meantime, those two dudes ran out of the bank and sped away!

Now you understand Trump’s two major problems.

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This is what I saw the night before. The whole problem can be resolved by a contract between the countries that wish to play.

Step 1:  The largest denomination of the Dollar is the hundred Dollar bill. Treasury notes (T-Bills) are single pages representing up to Millions of Dollars. Most of the T-Bills are held by foreign governments. Let’s assume the Overseas T-Bills are worth $X Trillion.

Step #2: Trump can create a new Digital Coin called Bitcoin II for international trading and inter country settlements. By contract, all supporting countries will trade all of their T-Bills for an agreed upon value of Bitcoin II. Those T-Bills are then returned to the US for destruction.

The Bitcoin II can never be cashed for gold. They are like Poker Chips that will always hold their original value. They are traded back and forth at the big Poker Table of international trade.This one move will reduce the World Dollar supply by a lot. All of the Overseas T-bill are now dead.

Then the U.S. will be responsible for retiring the rest of the overseas T-Bills and Dollars held by non-governments. They might all have the power to dispute some presentations, such as black Ops groups that worked under the table of the US Treasury.

This covers the T-Bills and Dollars Overseas.

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This same process will occur in the U.S. Black Ops and illegal operations may be left holding the bag, so to say. Suppose Trump declares the Harvard Foundation to be a Terrorist group. They are now Shit-Outa-Luck. Same for the Spooks.

My personal touch is to have large cash groups required to be per-approved by the IRS/Treasury prior the one day exchange date. If they are rejected they will have to be helped at the Help desk, It will be manned only by Chinese employees that do not speak English well. They will all stutter. This was described by the comedian Richard Pryor to run off complainers in Chinese restaurants demanding a refund.

Now if all this sounds crazy, look at this headline out yesterday: Withdrawing cash in Spain could trigger €150,000 fine, new rules require advance notice. [For over 3,000 EU]. Watch for all countries to emulate this action to separate the seeds from the con-stalks.

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Now the number of remaining expected T-Bills and Dollars can be better calculated, helping to arrive at a reasonable dollar valuation to be established. Based on the inter-country contract, all signors will mimic that valuation world-wide (perhaps for a limited time period). All non-signors will have to be sanctioned until they pony up.

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Jack called me a few hours after our conversation. He said he called a friend who is in the Trump camp and relayed the above plan. His friend said that is indeed the Reset plan.