Friday, January 17, 2014
UPDATE FOR THE GCR (CHINA AND IRAQ INFORMATION) FORWARDED BY ERASMUS OF AMERICA -
Update For the GCR
I'll try to make this as brief as possible, but there are a number of things to discuss today.
As a preface to where I'm going today, let me take you back to a prophetic Word issued by Chuck Pierce perhaps as much as a year ago when he was in Beijing. Speaking to a large group of economists and business leaders, Chuck prophesied that China (and I'm paraphrasing him here) would reverse its financial position in the world with the United States. Holy Spirit has on several occasions prompted Chuck to prophesy with regard to a move of the Spirit in China, and he has visited the country on several occasions, being welcomed by both government officials and Christian leaders in the country.
Following that visit of a year or so ago and his ministry to this large group of economists, one of China's leading economists and a member of the current government stood in that same meeting and made a rather bold statement. "From now on, China will begin operating financially after the model set forth by Jesus Christ." (Again, I'm paraphrasing his comments since I don't have the text of that statement in front of me.)
Other prophetic leaders in the body of Christ have for the past years been speaking about a vast turnaround in China and a move of God to come that would transform the nation.
I'm not suggesting that we've seen this incredible change as of yet, and certainly the mainstream media only focuses its reporting on the international political wrangling between the U.S. and China, as well as China's efforts to influence the global currency reset. That said, China has certainly become a driving force in the ongoing process to release the GCR.
For some time, now, we have been aware of a growing shift as the "button-pushing" capability has moved towards China. We've already commented on some bond issues and bond-swap (or debt-swap) issues between the U.S. and China that have been a factor in the hold-up, and have also noted that American investors have (or may yet) held more Chinese debt than the Chinese government holds of U.S. debt. Don't misunderstand or misconstrue what I'm saying here, please. There have certainly been other factors influencing the delay of the Global Currency Reset including political events in Iraq. With Iraq's currency being the pivot in this process, they certainly play a major role.
Again, I want to stress that this is far more than an Iraqi event, and if folks only keep their eyes on what is happening in Iraq, they will be misled. Nevertheless, let me remind you that before Dr. Shabibi was so rudely and corruptly removed from his post as the Governor of the CBI, he several times made the statement that the CBI would need a three-day period in which to revalue the Dinar. Some months ago, I made comment on one of Frank's CC's that I had been on the CBI website when they were testing out new WebPages in preparation for a new website.
I note this only because the CBI website has been down, and today is the third day the information -- at least on the English-language portion -- has not updated. We saw the information completely removed, then saw the work being done on the Arabic side of the site, and then watched them put numbers back up on the English-language side in red. The humor in the numbers on the English-language side is that they are the same numbers that were up prior to the take-down of the CBI site. It almost appears that there was an auction today using the old rates, but when you compare today's numbers against the numbers of three days ago, they are identical; and the odds of duplicating to the last detail on two separate trading days are pretty remote in my opinion.
Moving along, we note that Vietnam's Central Bank has also been making significant changes to its numbers and its website. When one realizes that China is a primary backer of Vietnam, this portends great significance. Repeating something I wrote perhaps 15 months ago, PriceWaterhouseCoopers has projected that Vietnam is due to become the 17th largest economy in the world within the coming decade. The revalue of the Dong should be of real importance to us in our strategic planning in the days to come, and it is possible (according to some of my sources) that the eventual return on the VND/VNN will outweigh the return on the IQD/IQN.
I've said all that to say this: Because of a number of political and economic events unfolding behind the scenes that I will not comment on in this post, it appears that there is significant cooperation taking place between China and Iraq in the timing of the RV/GCR release. A number of people have asked me if Iraq will revalue its currency first, and then -- a few days or weeks later -- the GCR would be released. The straight answer to this question is a resounding, NO! With the potential return on the VND, the IDR and other revaluing currencies, a gap between the RV of the IQD and other currencies would spawn double-dipping on a scale you can't even imagine, and it could tip the balance of economic power in ways global economists shudder to think about.
Let's get to the end of this report, shall we? All of the evidence in front of me suggests that China is going to pull the trigger on the GCR in cooperation with the CBI. It is my position that we have seen a shift of the favor of God towards the Chinese, no matter how you might want to characterize this otherwise. The timing of events behind the scenes is simply too coincidental to ignore. Will they do that this weekend? Could be! Will they push it off yet a few days or even a week or more? If I could personally talk to the central bankers who are all cooperating together in this move, perhaps I could answer that question more specifically. Let's just leave it that the event is absolutely imminent. I'll take it one step farther by saying that we are literally on a moment-by-moment basis.
I won't speculate on the various rates of the currencies -- we've done enough of that in the past -- but everything I've heard from within my sources (IMF, WTO, banks and USG agencies) tells me that the numbers have not shifted much from what I have previously discussed -- and I won't rehash that here.
Suffice it to say that everything has moved along, even if at a snail's pace, and after more than ten years of waiting through Basel III, Babylon II and international political and economic wrangling we are coming to a conclusion: one you will all appreciate!
Again, it is important to remind everyone that while we see many hands and many voices in this entire process, there has been one overriding force in bringing this to conclusion and that is the Lord Jesus Christ! The benefit to the Kingdom of God as this event matures is principally to fund the last great harvest of souls prior to Jesus' return. Beyond that, it is a promise of God -- a covenant promise clearly stated in Deuteronomy:
"But thou shalt remember the LORD thy God: for it is he that giveth thee power to get wealth, that he may establish his covenant which he sware unto thy fathers, as it is this day."
Blessings on you,
COMMENT BY ERASMUS OF AMERICA - I get a lot of interesting email reports. I thought many on the internet might find this interesting as one additional angle on the RV issue for international currencies which I know many are interested in!
Should be sending out our first federal income tax packages which we advertise on our website. I collected key legal problems with claiming the federal income tax was legally passed and is valid law today. What Judge Roger Sherman helped organize at the U.S. Constitutional Convention made sure that it could not be legal today! And I step on more toes such as with the story how President Eisenhower signed the papers making Ohio a legal state which Congress forgot to do 150 years earlier. And how this taints the issue of the 16th Amendment being correctly and legally passed according to the U.S. Constitution. Until Congress and state legislatures are going to pass the Omni Law, this federal income tax package I plan to keep available. Their tax collection system is illegal on several counts according to the U.S. Constitution. I was a good history scholar over the years and located key mistakes in the tax code set up. A friend of mine and I are scheduled to be guests on the national radio talk show at Eastern Standard Time on World Spirit Radio and I may be tempted to cover some of the tax issue along with other issues that America faces today.
Well, hopefully the Omni Law is passed soon or else I may cut off the tax finances for the federal government and state governments by my federal income tax package which also covers state law until the Omni Law is passed. As soon as the Omni Law is passed, we will cover the finances for federal and state government so this tax issue is solved then by correct economics to replace high taxes or else no need for income taxes any longer. Until just before World War I the federal government financed itself without federal income taxes. Didn't need them! Hope you didn't forget this part of American history!
Pass this report around. Disappoint Wash., D.C. Don't remain ignorant of the truth like they want you to be! And if ever they tell you part of the truth, they fit the proverb, "To stretch the truth utterly ruins the truth!" And if they mix some lies and truth together, it is still called a lie and denial of the real truth. And if they tell you all lies but sounding like the truth, this is utter lying and con game of politicians of which the key skilled player at this is Obama who has been caught in a rather massive list of lies to the American people and hoping that you forget the continual pattern of lying that he has practiced on you the American people! And to censor the important truth from you is a lie by suppression of the truth from you that you needed to know!
Yours For God And Country, Erasmus Of America (pen name for that historical scholar who digs up these gems of history Wash., D.C. doesn't want you to know about!)
Posted by John MacHaffie at 10:32 AM