Bill’s Commentary:

“This is obviously huge news! I am still wrapping my head around “why” and what it means? My very first thought was that DTC does not want a collateral implosion that affects the entire daisy chain (good luck with that!). My guess is they know bubbles revert to and below the mean and ultimately finds its intrinsic value? What is the intrinsic value of a (any) cryptocurrency? And they just within the last year elevated gold to “tier one” status on balance sheets. Curious? I do not think so…”

Bill’s Commentary:

“Our pal Pastor Stanley on the “Great Taking”. Please understand this is NOT SPECULATION, the laws are already on the books to take EVERYTHING you think you own!”

‘Bail-In’ Bonds Will Bail-Out Failed Derivatives Contracts Comprised of Clearing House Holding Which You ‘Own’ as ‘Beneficial Owner’-Your Broker Never Told You Who Owns What You Paid For

Why would a Clearing House fail? Because the assets as part of large trades that are being ‘cleared’ are contracts that for some reason (like a nuclear event or World War III) cannot be fulfilled and the contract fails.

The Depository Trust and Clearing Corporation (DTCC) is an American financial services company founded in 1999 that provides clearing and settlement services for the financial markets. This includes the settlement of large and largely unknown massive quantities of derivatives trades. Some estimates place the value of worldwide OTC derivatives at over $1 Quadrillion (>$1,000,000,000,000).

Read more here…

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