Board of Governors of World Bank and IMF announce transition to asset-backed currencies – Posted 3-23-15

[PRESSWIRE] Washington DC, United States – 09 March 2015 – The Board of Governors of the World Bank and IMF announced that fractional reserve fiat currencies will be replaced with gold from a trust created at the end of World War II.

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Jose Rizal, Superior General of the Society of Jesus, and his lawyer, Ferdinand Marcos, established this trust for the benefit of humanity.  The trust also contains other precious metals, gems, and artwork.

The Federal Reserve and the US Treasury do not possess the monetary gold reserves of the United States; these reserves are in the trust administered for the benefit of humanity by the Bretton Woods institutions. Instead, the Federal Reserve owes quadrillions in compound interest on obligations issued during the 1930s.

The Board of Governors has filed Financing Statements with the Secretaries of State in the 12 states where the Federal Reserve Banks are located to secure this debt.  National debts are going to be offset against the indebtedness of the Federal Reserve.

Antal Fekete, a monetary expert of the New Austrian School of Economics, said: “A negative gold basis tells you that there is an excruciating shortage of deliverable gold.”

The Board of Governors determined that  the fractional reserve fiat currency of each country is going to be exchanged for their national currency in aurum (http://www.peakprosperity.com/podcast/84359/new-way-hold-gold).  Treasuries will issue gold certificates on an interim basis.  The certificates will be replaced with aurum as they are minted.

With restored confidence in international currencies, peace and prosperity will be preserved.  Legal tender laws will go out of effect, and local currencies will be permitted. Countries may also issue asset-backed currency with other commodities than gold.

The Bretton Woods institutions held the trust secret for 50 years so that the assets were clear and free for humanity as a whole under the statute of limitations.

The 50 years of sequestration ended in 2005.  A coalition for the rule of law has come into existence to end the secrecy and to safeguard humanity’s patrimony.  This coalition was predicted by an accurate power transition model developed for the US Department of Defense by Jacek Kugler (https://s3.amazonaws.com/khudes/sentia+model.pdf).

The fractional reserve fiat currencies of the central bank members of the Bank for International Settlements will continue to circulate until they are exchanged with aurum.

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Karen Hudes, the Acting General Counsel of the International Bank for Reconstruction and Development, is legal counsel to the trust.

Contact:

Karen Hudes

karenhudes at hotmail dot com

Phone: +1 202 316 0684

www.kahudes.net

ENDS

RV Intel Analyst Dave Schmidt – Special Report – Dragon Family Taking Control of Federal Reserve, IMF – 10-15-14

Dave Schmidt

The Dragon Family is Taking Control of Fed and IMF

Commentator Ron van Dyke – Dragon Family Now Owns – IMF, Federal Reserve, – 10-18-14

paradoxman316

“This is one we’ve been waiting for! Yes, the Ambassador confirms that the Family is now the lawful owner of the Federal Reserve that has waged war on humanity for over 100 years. They are responsible for operating the largest and most oppressive criminal operation, an extortion racket and human slave trade, in the history of the world. They totally failed in their mandate to serve humanity; and their mandate has not been renewed. Instead, steps are being taken to transform society, restoring people’s natural rights along with principles of limited government (Republics) outlined in the founding documents of the united States in America. Again, he admonishes us to look in the mirror and to stop aggression, greed and the illusion of self importance.”  –  Ron van Dyke