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EXCHANGING ALL OF YOUR CURRENCY QUICKLY TRAP

Tuesday, July 29, 2014 15:05

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EXCHANGING ALL OF YOUR CURRENCY QUICKLY TRAP, what is the advantage of exchanging all of your currency at once? (I only have dong.) The only one I can think of is maybe more perks from the bank. Wouldn’t it be better to exchange maybe $250,000 worth (FDIC insurance limit) & then wait a bit to exchange the rest while you figure out wealth strategies, tax implications, attorneys, CPAs, and wealth managers? What may be the disadvantage of exchanging just a small amount immediately? Thanks!

Christian Da Silva: Dong is straight exchange. Dinar will be a structured annuity payout unless you are in a PP. And it must be an approved UST PP. FRN vs TRN makes zero difference to you if in the USA.

SHANNON: Wasn’t there a change to that annuity requirement? I am under the impression WF takes 2% and you are free to do whatever you want with your money. Only thing is you sign the NDA to get the contract rate.

Please correct me if I am wrong. Thanks!

SUSAN K: According to Tony and DC, when we pay that 2% to the bank, we are free to do anything we want with the exchanged fund, including withdrawing all of it and switch it to other bank. As for me I’m not interested in the annuity deal so I would do everything I need to avoid that (and it should not be difficult). As far as NDA, we must sign it in order to get higher rate as you said. So I will be very careful what it says. Again quoting Tony/DC nothing of it is too complicated and it’s only four pages long. Hope I am not too simplistic and optimistic.

Mac:Christian tell me.about this exchange annuities you have been talking.about with the Dinar?

Christia D silva:Because of the large amount of dinar in circulation the UST has set up with WF annuities on dinar exchanges. You will be able to cash out up to 100,000 dinar could be less but that is the ceiling.

The remainder will be put into an annuity that will pay you out the remainder over 29 years plus around 5% interest. So lets just say you have 1 million dinar and the exchange is $3.

That will be 3 million dollars. So you will receive monthly payments of $8700 plus interest. If you have 10 million dinar then payments will be $87,000 per month plus interest. You get the point. THhe funds from the dinar are kept with the bank and used for certain projects mandated by the US Government.

These projects will be small business loans, mortgageassistance, and other economic stimulus things. The money the bank will make from these things will essentially fund your payments and pay for the RV.

There is no Dragon family supplying gold and NOONE has 300-400 Trillion laying around to pay for the RV. If someone says it doesn’t matter because it is all digital then they don’t understand much about the reality of things. I am not promoting PP’s but they will be 100% funded and not have to go through the annuity process,

This is because the UST will put the dinar in the US Reserves to help support the asset backed currency. They needed a certain amount and that is what they have secured in the PP’s. So still everyone wins.

Finnick Odair:Very interesting Christian! Thanks for sharing. What you say makes PERFECT SENSE if the US Corporation keeps going forward.

Do you know if the Gen64 group is a PP or will they also go via the annuity route?

Another question that I have is about Zim. Will Zim be a straight exchange or will it be also an annuity type deal?

Christian Da Silva:Zim will be a straight deal. So will other currencies only dinar will be like I mention. Generals is a WF deal specifically. They will get a structured payout as well.

Galactoman: *And* the VN Dong? - Separate I suppose, simple full exchange.

The Gen64 *list* is apparently with Wells now, we’ll get calls/email from Wells apparently.

Finnick Odair:He said yesterday that the Dong is supposed to be a full exchange. I wonder if the Zim is as well. The Dinars with so many people having them it is smart of them to go via the annuity route. It would be like a retirementcheck for most folks since they only have less than a million Dinar.

Source: http://nesaranews.blogspot.com/2014/07/exchanging-all-of-your-currency-quickly.html

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