@KarenHudes Board of Governors of World Bank and IMF announce transition to asset-backed currencies

19 May
1h1 hour ago

Board of Governors of World Bank and IMF announce transition to asset-backed currencies

[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.

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.

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

———- Forwarded message ———-
From: Karen Hudes <h.k3511@gmail.com>
Date: Fri, Mar 6, 2015 at 7:35 PM
Subject: Fwd: Notice of Formal Press Release to be issued March 9, 2015
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———- Forwarded message ———-
From: Karen Hudes <h.k3511@gmail.com>
Date: Fri, Mar 6, 2015 at 7:29 PM
Subject: Notice of Formal Press Release to be issued March 9, 2015
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http://rt.com/op-edge/236219-russia-china-germany-trade-axis/
Pepe,
You have it right as far as one part of the coalition – the BRICS, Germany, and the G-77. The other part of the coalition is the United States minus the Federal Reserve. The Board of Governors of the World Bank and the International Monetary Fund have approved public filing of Financing Statements under the Uniform Commercial Code with the Secretaries of State where the 12 Federal Reserve Banks are located. Ten UCC-1 statements have been filed electronically, and the remaining two statements are in process.
The Global Debt Facility (a trust established at the end of WWII) contains the world’s gold reserves and other wealth for the benefit of humanity. The Bretton Woods institutions, established to administer the Global Debt Facility, hold 200 boxes of Federal Reserve Notes, together with Eagle U.S. Hardware Mother Box 5 Boxes, and Treaty of Versailles Mother Box 45 Boxes in this trust. Together with compounded interest since the 1930’s, the debt of the Federal Reserve evidenced by these UCC-1 filings offsets the country debts of the member countries of the World Bank and IMF.
The fractional reserve fiat currency of each country is going to be exchanged for their national currency, but containing gold. Countries will abolish legal tender laws, and permit local currencies to be issued as well. Countries may also use other commodities for issuing their asset-backed currency.
The corrupt fractional reserve fiat currencies of the central bank members of the Bank for International Settlements are only going to be permitted until they can be exchanged for asset-backed currencies to be issued by the members of the coalition for the rule of law.
This comment will be issued in a formal press release by the Board of Governors of the Bretton Woods institutions in forty eight hours.

Read more:

https://s3.amazonaws.com/khudes/presswire.pdf

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