Awake-in-3D: Are you Prepared for Currency Exchanges in a New Gold-Backed System?, 4 AUGUST

 Are You Prepared for Currency Exchanges in a New Gold-Backed System?

On August 3, 2024
By Awake-In-3D

New gold-backed digital currencies are coming and learning as much as we can about the future of GCR currency exchanges should be on everyone’s to-do list.

A new and promising financial system alternative is emerging—one that harnesses the intrinsic stability and value of gold-backed digital currency technology.

It has long been my view that a gold-backed component is what will create a significant revaluation (RV) of our GCR currencies and bonds.

Key Takeaways

• Understand Gold-Backed Value: Grasp the concept of how gold-backed currencies tie value directly to gold, ensuring more stability compared to fiat currencies.

• Learn Transaction Mechanics: Familiarize yourself with the process of direct peer-to-peer transactions in the new system, which bypass traditional banking methods.

• Embrace Digital Tools: Utilize modern digital apps and platforms designed for managing and converting gold-backed currency units seamlessly.

• Prepare for the Transition: Stay informed and ready for the shift to gold-backed currencies to gain a significant advantage in the evolving financial landscape.

As we all witness the logical conclusion to the Great Global Fiat Currency Debt System experiment, understanding and preparing for the introduction of a new gold-backed currency system alternative becomes essential.

This alternative financial framework, often referred to as the Global Currency Reset (GCR), offers a more stable and reliable store of value by tying currency directly to gold.

Unlike fiat currencies, which are backed only by government promises, gold-backed currencies ensure that the value of money is anchored in a tangible and historically trusted asset.

In the not-too-distant future, we may witness a shift where digital platforms facilitate direct peer-to-peer transactions using gold-backed currency units, bypassing traditional banks and reducing transaction fees.

This system promises greater transparency and security, making financial exchanges simpler and more efficient.

This article explores the mechanics of how GCR currency exchanges might work, providing you with information needed to help understand this impending change.

By familiarizing yourself with these concepts now, you can position yourself advantageously as this new financial paradigm takes shape.

The Basics of Gold-Backed Currencies

Gold-backed currencies are mediums of exchange where the value of the currency is directly tied to a specific amount (weight) of gold. Unlike fiat currencies, which are backed only by government promises, gold-backed currencies offer a tangible asset that provides an intrinsic store of value.

This shift is expected to bring greater stability and reduce the risk of manipulation that plagues our current global fiat currency system.

Why Gold?

Gold has been a symbol of wealth and stability for centuries. Its inherent value, rarity, and universal acceptance make it an ideal foundation for a new financial system. As fiat currencies face devaluation and economic uncertainties, gold offers a safe haven, ensuring that currency retains its value over time.

The Mechanics of Currency Exchange

In the emerging gold-backed system, currency exchanges will look quite different from what we are used to today. Instead of dealing in purely digital or paper money, transactions will involve units that represent a specific amount of gold.

For example, a unit might be equivalent to one gram of gold. This means that the value of your currency is directly tied to the market price of gold, providing a more stable and reliable store of value.

Imagine you have a substantial amount of new gold-backed currency units after an exchange, each based on 1/2 gram of gold. Today, one gram of gold is worth around $75.

As the new system values these units in terms of gold, they will have substantially higher purchasing power when exchanged for pure fiat currencies such as the US Dollar or Euro. This is how the GCR currency revaluation is realized, leading to significant gains in value, especially as the global economy adjusts to this new standard.

Practical Applications

How will this work in practice? Let’s say you want to buy a house. In the new system, you could transfer the gold-backed units directly to the seller without the need for traditional banks. This direct peer-to-peer transaction not only simplifies the process but also reduces fees and eliminates the need for middlemen.

Digital Integration

One of the most exciting aspects of this new system is its integration with modern digital technologies. Apps and desktop platforms will allow users to manage their gold-backed currency units seamlessly.

You can convert your units into local digital currencies, deposit them into your bank, and spend them as you would with any other form of money.

This blend of old-world value (gold) with new-world technology offers a compelling vision of the future of finance.

Future Implications

As the new gold-backed currency system gains traction, we may see a significant shift in how we perceive and use money.

Traditional fiat currencies like the dollar or euro might eventually adopt gold backing to remain competitive. For now, this system offers a robust alternative, promising greater security, transparency, and stability.

Are You Ready?

The transition to a gold-backed currency system is more than just a financial adjustment; it’s a paradigm shift. Understanding how this system works and preparing for its implementation can give you a significant advantage.

Stay tuned to the “Endgame GCR” podcast for more insights and updates on this transformative journey. The future of finance is golden, and now is the time to get prepared.

Many more details and examples of the new gold-backed currency system and RV/GCR exchanges are discussed in Episode 3 (links below).

• Podcast on YouTube: Endgame GCR Episode 3 (YouTube)
• Podcast on Rumble: Endgame GCR Episode 3 (Rumble)

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© GCR Real-Time News

Iraqi dinar 💥 Revaluation Coming Soon From Federal Reserve Bank & CBI 💥 ...

"FOR THE SUCCESS OF THE MONETARY REFORM!!!" BY FRANK26, 4 AUGUST

 KTFA

FRANK26: "FOR THE SUCCESS OF THE MONETARY REFORM!!!"...........F26

Urgent study to localize gold in Iraq

8/1/2024

Minister of Trade Athir Dawood Al Ghurairi discussed this morning, Thursday, with a number of gold traders the obstacles they face in their work inside Iraq and working to provide the necessary facilities to localize the gold industry in the country.

During the meeting, the Minister of Trade confirmed, according to a statement by the ministry, a copy of which was received by {Al-Furat News}, that “the Ministry of Trade, within its ministerial program and concerned with formulating trade and foreign policy, is working to support and organize the work of commercial sectors, including the gold trade sector, due to its great weight in the country’s economy.”

Al-Ghariri said, “Through this meeting, we want to identify the work mechanisms and obstacles in order to provide the appropriate environment for economic growth and develop policies that contribute to enhancing the position of the gold sector in the local and international market.”

The Minister of Trade pointed out that "the Ministry is ready to cooperate with traders and begin taking steps to overcome obstacles and provide the appropriate environment to achieve the localization of the gold industry within Iraq according to the needs of the market and the consumer, so that this industry returns as it was before, and even stronger, in light of the government's direction to support the commercial and industrial sector in the country."

Minister Al-Ghariri announced, "While speaking about regulating commercial sectors, instructions will soon be issued to regulate e-commerce in Iraq. This is a step towards updating commercial policies and keeping pace with developments in this area to provide a safe and prosperous commercial environment that contributes to driving the national economy."

For their part, the gold traders thanked the Minister for his interest and support, and raised a number of problems and challenges facing their work, expressing their hope that these meetings would contribute to improving and developing this sector.

According to the statement, the meeting resulted in “an agreement to submit a comprehensive study to localize this industry, following the example of developed countries that have been famous for this industry in recent decades. A period of fifteen days was set to prepare the study, and another meeting will be held to explain the study, its basic aspects, and its returns, in order to come up with recommendations to be presented to the relevant government agencies and take the appropriate decision.”

LINK

RV UPDATE BY TEXAS SNAKE, 4 AUGUST

 TEXAS SNAKE

Texas Snake, [08/03/2024, 7:12:43 p. m.]

It is presently 3:10 AM in Bagdad Monday morning and additional info is coming forward over and above what was shared on the Conf Call I was included in last night.  Still very encouraged about tomorrow in US as well as this coming week.

---

TEXAS SNAKE

Well folks never have suggested dates or rates but I am really looking forward to this weekend.  GOD Bless everyone

I am waiting on a CC but you are welcome to add ypur views

TEXAS SNAKE

Texas Snake, [07/31/2024, 8:12:51 p. m.]:

While I was advised about this time yesterday that an announcement at midnight EDT we would be advised the RV would begin, this info could not be confirmed so I didn't share.  As usual no such announcement was forthcoming.

  All I can say folks all provisions for RV exchanges are completed relative to those trained to complete the exchanges and we continue to move forward.  

We are closer each day so stay strong and continue to pray this..FOR READ MORE: https://dinarevaluation.blogspot.com/2024/08/rv-update-by-texas-snake-2-august.html

Iraqi Dianr News Today Iraq RV Hype and New Exchange Rate Five-Year Plan...

"YES!!!... REGARDLESS OF THOSE THAT WANT TO DELAY THE MONETARY REFORM!!!" BY FRANK26, 4 AUGUST

 KTFA

FRANK26: "YES!!!... REGARDLESS OF THOSE THAT WANT TO DELAY THE MONETARY REFORM!!!"........F26

Prime Minister's Advisor: We are moving towards reforming the government banking sector

8/1/2024

Baghdad: The pillar of the emirate

The financial advisor to the Prime Minister, Dr. Mazhar Mohammed Salih, stated that reforming the banking system is one of the most prominent priorities of the government program, due to its positive impact on all aspects of the economy, indicating that the first steps of this reform began through the government banking sector, which currently dominates more than 85 percent of the banking system's assets, and its banking operations and activities account for almost the same percentage of total deposits and credit.
Earlier, Prime Minister Mohammed Shia al-Sudani chaired a special meeting to develop the work of government banks, and directed the finalization of procedures for developing the work of Rafidain Bank. The Prime Minister
's media office said that during the meeting, which was attended by representatives of Ernst & Young for auditing and financial consulting, Al-Sudani was briefed on the technical and administrative procedures for the Rafidain Bank development project, which were taken during the period following the signing of the contract with the company specialized in structuring and developing work in the banking sector.
It is noteworthy that the Rafidain Bank development plan includes a comprehensive review and evaluation of the bank's work, and structural administrative reforms, aiming to provide a package of integrated banking services to citizens and companies, relying on advanced electronic programs, modern technology in all banking transactions, optimal use of human and technical resources, and transitioning to automated work, which helps the bank's ability to meet
global banking requirements.
Advisor Saleh told Al-Sabah: "The government's vision for economic reform focused largely on banking reform, which is one of the priorities of the government's program, and the first steps began through Rafidain Bank," noting that "the reform principles established by the government program, which was approved by the House of Representatives, are based on regular executive priorities, foremost of which is reforming the banking sector, as the Prime Minister's vision for economic reform focused on reforming the government banking sector, which currently dominates more than 85 percent of the banking system's assets, and its banking operations and activities account for almost the same percentage of total deposits and
bank credit."
Saleh pointed out that this beginning came because these banks are large and important, but they are burdened with the legacy left by the conflicts of the past half century and their repercussions on the efficiency of this large banking system, whose capital base still constitutes only a low percentage not exceeding 22 percent of the total capital of the banking system, indicating that "in light of this banking dominance burdened by inherited problems, our country suffers from limited growth in the activity of the banking market and its division between private banks, the number of which exceeds 50 banks, but they are limited in activity in deposits and credit, but they do not have a unified and homogeneous competitive banking market with government banks, as government banks monopolize market shares and banking activity and they are suffering greatly and their activity lives on sovereign banking liquidity as they are banks of a purely rentier nature that deal with large government deposits that affect their liquidity."
The government advisor explained that "in order to advance the Iraqi banking market, the first steps of reform have inevitably begun with government banks, especially major commercial banks such as Rafidain Bank. Based on the above, and with the aim of making government banks operate according to capital efficiency standards and lead the financing and development activity in the country on competitive foundations that provide financial inclusion at the same time, the study being prepared by the global auditing and accounting firm Ernst Young is based on the principle of creating a highly efficient government commercial banking sector that takes the initiative with the rest of the banking market in financing market activity on digital foundations and financial and accounting technologies in accordance with modern financial engineering.
He pointed out that this leads to the birth of a government bank specialized in managing government banking operations exclusively and is a fundamental pillar in organizing the treasury account and stabilizing government cash flow budgets, i.e. at the same time being the arm of public finance in government banking organization."
Saleh believes that these steps can achieve the goals that lead to “the birth of a homogeneous banking market that operates according to competitive principles and can integrate with the local and international financial and banking system with high credit and banking efficiency required by the goals of sustainable development and the requirements of the availability of market institutions and their integration between financing services on the one hand and real investment and production growth on the
other hand.”

LINK

JUDY NOTES, 4 AUGUST

 Fri. 2 Aug. 2024 Redeeming Zim Bonds: Dave XRPLion $100T Trillion Dollar ZIM Bond$ Dirty Little Secret Just Got Exposed Must Watch Trump News | Prophecy | Before It’s News (beforeitsnews.com)

Judy Note: I have no opinion one way or the other on Dave’s above information in the video. I assume it is in his opinion only because I have not heard him quote instructions from any high up source having to do with the Zim Redemption. I do not know from where he gets his information.

• It is my opinion from information I have learned over the nine years I have been in this GCR, that you need to type up a simple 1-2 page summary of your Humanitarian Project including goals you hope to achieve; how many people you will employ; the length of your project (how many years you want funding); have an idea of how much money you will need to do the project and write a paragraph about yourself including your interests and why you are qualified to do the project.

• Have at least two type written copies of your project  to hand in at the time of your redemption.

• If you do not have a specific Humanitarian Project you are doing yourself you will be offered the default rate on your Zim redemption – which is supposed to be very good.

• At your Redemption Appointment they will be offering you opportunities to participate in the Global Humanitarian Projects.

• If you do have a specific acceptable Humanitarian Project you are doing yourself they will make sure your Zim Redemption monies will cover the cost of your project.

• You will be required to sign an NDA. Read it carefully. If you break the terms of the NDA all your account monies will be frozen and you may not get the money back – ever. That is why you may not want another person at your redemption appointment with you as they also will be required to sign the NDA and if they break it all your monies will be frozen. I do not know how this works for a married couple .

• You do not have to join a group to do a Humanitarian Project. They will judge you on your honesty, sincerity and how your project will help mankind.
• https://dinarchronicles.com/2024/08/04/restored-republic-via-a-gcr-update-as-of-august-4-2024/