It has NO ‘Counterparty’ RISK! What is it?
DEFINITION of ‘Counterparty Risk’ : The risk to each party of a contract that the counterparty will not live up to its contractual obligations. Counterparty risk is a risk to both parties and should be considered when evaluating a contract/trade. In most financial contracts, counterparty risk is also known as “default risk”. Do Federal Reserve Notes have ‘counterparty’ risk? What about ‘Cash’ (our cyber dollars) in one of your investment or savings accounts? What about all the derivative contracts, stock contracts, bond contracts, mortgage contracts, etc., etc.? Counterparty risk is everywhere and this means losses for the many over time…especially as we enter the collapse mode for Keynesian economics!
Stock up now while ‘price’ suppression continues!
But what, currently, has NO ‘counterparty’ risk and has served as a store of value since the dawn of man (say the past 5000 years)? I would suggest that both silver coins (say the one ounce variety) and gold coins which I own physically and within my possession, have NO current ‘counterparty’ risk. This means that these ‘precious metals’ could serve as a medium of exchange when a ‘barter’ event occurs (now or future moments of now). I can trade these coins for bread, butter, meat, milk, soup, and for most other needs. History reveals that people desire some ‘thing’ (which others have viewed as valuable) when all other fiat currencies vanish into ‘money heaven’. An event which could be emerging soon!
Gold price has been ‘slammed’ using ‘naked short’ trading strategies for the past 4.5 years. This works as ‘trading’ strategies now use ‘algorithms’ to suppress this cyber price! We have a ‘window’ to buy at these ‘suppressed’ levels!
The vast majority of mankind is deceived about what is tradable when established official markets breakdown. History, however, can be a guide for all of us. That which is physical and material (composed of ‘matter’ and ‘mass’) can be traded when our imaginary cyber currencies vanish into ‘money heaven’. Money Heaven is where these currencies started and they will eventually return to this same ‘location’. Cyber currencies are IMAGINARY and without any ‘matter’ or ‘mass’. I am unable to TRADE these units after they disappear into ‘money heaven’. But I can trade my silver and gold coins for immediate needs.
Cyber or digital currencies are created from consciousness and return to consciousness (after a collapse of confidence). This is now occurring! Why? These units are imaginary!
If I need to travel to a foreign country, I can also trade or exchange these silver/gold coins for the cyber unit of another country (usually). This allows me flexibility and access to some freedom of choice as Official currencies may ‘come and go’ during a collapse period. Precious metals have a history which transcends any one country or political regime. What does this mean? I would suggest that NOW is the time (while prices are being ‘suppressed’) to store up some tradable ‘value’ for possible events which are emerging. The ‘prices’ of silver and gold are currently being ‘suppressed’ by our deceived political authorities. Why is this so? Think: DECEIVED!
Bitcoin, Bit-anything, as well as Paper Notes have serious ‘counterparty’ RISK! All these units are viable when confidence is strong but worthless when a real crash occurs! Think on that which has Tradable Value (barter value)!
I would suggest that our political and financial Authorities want us all to THINK of cyber currency units as real and physical. They want us to assume that they can manage these imaginary currencies so they will serve as real money. This deception within our political regimes plays to our advantage as of NOW. Price ‘suppression’ means that we can stock up on silver and gold at bargain prices. Now is the time to take advantage of this ‘window’ within our markets. Buy and hold at your own private location so that you have some tradable value if our cyber (imaginary) markets collapse! Enjoy this time of ‘price suppression’ which our deceived political/financial leaders have provided us! I am: https://kingdomecon.wordpress.com.
P.S. I will “fundamentally transform the United States of America”! Who said this? Is it happening? Read about what just happened on September 27/28, 2015! Our counterparty over in Europe has also adopted this Agenda (which leads to Global Communism)!
EU welcomes adoption of the 2030 Agenda on Sustainable Development by the United Nations (Our President Obama committed America to this Agenda)!
Today, the 2030 Agenda for Sustainable Development will be adopted by the United Nations at a special summit. The EU has been a leader in contributing to this process from the start. It is now committed to take this agenda forward, both inside the EU and through the EU’s external policies by supporting implementation efforts in other countries, in particular those most in need. Ahead of the Summit, First Vice-President Frans Timmermans, responsible for sustainable development and leading the Commission delegation on behalf of President Juncker, said: “This Agreement is a historic event, and a significant step forward for global action on sustainable development. I am proud to say that from the start, the EU has been strongly committed to reaching an ambitious outcome, with a universal agenda for all countries, rich and poor alike, fully integrating the economic, social and environmental dimensions of sustainability. The result is a landmark achievement uniting the whole world around common goals for a more sustainable future. We are determined to implement the 2030 Agenda which will shape our internal and external policies, ensuring the EU plays its full part”. The 2030 Agenda sets out a global framework to eradicate poverty and achieve sustainable development by 2030, building on the Millennium Development Goals (MDGs) adopted in 2000. As the first ever global agreement setting a universal, comprehensive agenda for action, the 2030 Agenda includes an ambitious set of 17 Sustainable Development Goals (SDGs) and 169 associated targets, mobilising all countries and stakeholders towards their achievement and affecting domestic policies. A press release, a factsheet on the MDGs and another one on the SDGs are available. (For more information: Alexandre Polack – Tel.: +32 229 90677; Sharon Zarb – Tel.: +32 229 92256)
Comment: Note the words, such as ‘universal’, ‘comprehensive’, and ‘committed’. My reading leads me to the conclusion that Global Communism is the goal of our elite! Think and weep as our ‘Founding Fathers’ would reject this entire Agenda if they could speak! Personally, I reject this Agenda and the entire policy of universal COMMUNISM.