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USD (Fiat) to USN (Gold Backed) Exchange Rates
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USD (Fiat) to USN (Gold Backed) Exchange Rates
With all the postings from the "people in the know" about the exchange rates for the Dinar, ZIM, Dong, and Rial, there is 1 rate that they don't seem to be talking about.
Currency's (USN) have been distributed, ATM machines (USN) have been installed, everything is ready to go at the push of the button, but ask them...
What is the exchange rate going to be for the fiat currency (USD), that everyone has in their wallet, to the new gold backed currency (USN)?
Watch them scramble for the answer to explain that one!
RamblerNash- GURU HUNTER
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Re: USD (Fiat) to USN (Gold Backed) Exchange Rates
Good one .... I'm still trying to figure out where all these ATMs stocked with USN are hidden ... Just got $100 from the bank for the weekend, not a USN in the bunch ....
Kevind53- Super Moderator
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Re: USD (Fiat) to USN (Gold Backed) Exchange Rates
Looks like someone decided to address this question.
"Also in the near future, all fiat USD notes will be converted at a 1:1 ratio for gold backed USN."
[size=18]http://www.dinardaily.net/t55217-rtc-sunday-june-19-2016[/size]
"Also in the near future, all fiat USD notes will be converted at a 1:1 ratio for gold backed USN."
[size=18]http://www.dinardaily.net/t55217-rtc-sunday-june-19-2016[/size]
Ssmith- GURU HUNTER
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Re: USD (Fiat) to USN (Gold Backed) Exchange Rates
I see the rainbow note thing has come up again as well. I revealed them as Photoshop fakes a couple of years ago, Not bad ones, but clearly so if you knew what to look for. Might have to dig that up and brush it off ...
Kevind53- Super Moderator
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Re: USD (Fiat) to USN (Gold Backed) Exchange Rates
1:1? LOL
Then they have no reason to change that currency right now.
Where is the news to Americans that this change is going to take place?
Is there enough gold in the world to cover all that currency?
Especially the...ZIM!
RamblerNash- GURU HUNTER
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Re: USD (Fiat) to USN (Gold Backed) Exchange Rates
They've already got the ZIM problem covered w/structured payouts. LOL
From the same article: http://www.dinardaily.net/t55217-rtc-sunday-june-19-2016
"The infamous Zimbabwe Dollar has climbed atop the RV value mountain, and now sits at $100.00 USN to $1.00 ZIM (face value ZIM redemptions to occur at Wells Fargo, HSBC, Bank of China, Toronto Dominion, Scotia Bank only).
This sudden $30 change in value means a single 100T ZIM note is potentially now worth 10 Quad, but no one has to accept that much for their currency--it's all a personal choice of how much you desire to redeem for--but as we understand things Sunday morning, 100.000 USN is the new and real top sovereign rate for the ZIM.
An obscure but meaning change has occurred to the mathematic calculations of the ZIM, as its now much easier to determine USN conversion value--just add 2 zeros to the end of every ZIM note and voila… that's what it is worth:)
Also, as a result of the sudden ZIM increase, structured payout program interest has fallen to 1.11% - 1.97% and minimum skeleton trust term now is 20 years ranging up to 50 years."
From the same article: http://www.dinardaily.net/t55217-rtc-sunday-june-19-2016
"The infamous Zimbabwe Dollar has climbed atop the RV value mountain, and now sits at $100.00 USN to $1.00 ZIM (face value ZIM redemptions to occur at Wells Fargo, HSBC, Bank of China, Toronto Dominion, Scotia Bank only).
This sudden $30 change in value means a single 100T ZIM note is potentially now worth 10 Quad, but no one has to accept that much for their currency--it's all a personal choice of how much you desire to redeem for--but as we understand things Sunday morning, 100.000 USN is the new and real top sovereign rate for the ZIM.
An obscure but meaning change has occurred to the mathematic calculations of the ZIM, as its now much easier to determine USN conversion value--just add 2 zeros to the end of every ZIM note and voila… that's what it is worth:)
Also, as a result of the sudden ZIM increase, structured payout program interest has fallen to 1.11% - 1.97% and minimum skeleton trust term now is 20 years ranging up to 50 years."
Ssmith- GURU HUNTER
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Re: USD (Fiat) to USN (Gold Backed) Exchange Rates
First of all 1%+ is about what most annuities (and generally that is what a structured settlement is,) are currently paying out. Never mind the fact that there is no ZIM, and if there was there would not be enough money in the world to pay even a tiny fraction of the old, defunct, demonitized notes that are being held.
Kevind53- Super Moderator
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Re: USD (Fiat) to USN (Gold Backed) Exchange Rates
Kevind53 wrote:I see the rainbow note thing has come up again as well. I revealed them as Photoshop fakes a couple of years ago, Not bad ones, but clearly so if you knew what to look for. Might have to dig that up and brush it off ...
I think I found it Kevin:
The website that was mentioned in that thread no longer exist and the archives didn't include the images.
http://www.penoriss.com/djm/notes/rainbow.html
I did find a site that I believe are the images that were talked about:
RamblerNash- GURU HUNTER
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Re: USD (Fiat) to USN (Gold Backed) Exchange Rates
Yea looks like the right one. As I noted, the historical notes were actually referred to as "Rainbow Notes" since they were so colorful.
Kevind53- Super Moderator
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Re: USD (Fiat) to USN (Gold Backed) Exchange Rates
:tup: :tup: :tup:
RamblerNash- GURU HUNTER
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RamblerNash- GURU HUNTER
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Re: USD (Fiat) to USN (Gold Backed) Exchange Rates
this may be a new 100 dollar bill they may come out with but it will not be Gold back WILL NOT HAPPEN
Allenj- VIP Member
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RamblerNash- GURU HUNTER
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