#2 “Masterpiece” Issue #281 February 23, 2018 (Dinar & Zim Currency Report)

Cashiers Checks

50 million is the limit on cashiers checks, and remember, a lot of smaller banks and credit unions won’t be able to accept this size despot anyway. So you’ll be in the same boat again if you don’t use a larger bank after the RV. I know a lot of you are loyal to your local bank and want to bless your local bank / credit union, which you can, just in smaller amounts later.

We’re hearing there isn’t a limit on how many cashiers checks you can cut at the time of exchange, just have a list with names and amounts ready as a courtesy.
Exchange Window

Hearing five days, also have heard six, but given China’s start time, maybe that’s the same thing, so lets go with five days to redeem your ZIM as abond, and be eligible for sovereign rates—which is basically a blank check you fill in. And if we go by Zimbabwe’s own announced timeline of a February 28, 2018 amnesty period to repatriation of all assets taken out of the country, which includes ZIM bond notes printed in 2008-09, that brings us to February 23, 2018 or between midnight – 4 am Saturday. Personally I think it goes on Saturday night after banks close at 8pm EST to 2am Sunday… but its anybody’s guess. Basically we should get 5 full days to redeem at private sovereign rates, and then it goes to a straight currency redemption which while miraculously great, ain’t infinite. We know that 80% of privates will be knocked out in the first 24 hours, and that 72 hours is all they need to redeem 98% of privates. The extra two days must be for stragglers who wake up to this late. That won’t be Human Angels as long as you’re a paid subscriber or hardship subscriber and check in at least once a day.
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Bond vs Currency Rates

It’s more a matter of asset class period redemption than the bill itself. Same note actually. I think because the ZIM leaked out on the internet years ago, they had a moral obligation and legal obligation to redeem it with the general public as it was issued back in 2008-2009. As a sovereign bond. When Zimbabwe announces the bonds are now currency, which they are expected to do in late February or early March, then the asset class changes legally. However, our diligence regarding the true intent of the issue and research regarding international law governing sovereign bond reconciliation has forced both Zimbabwe and China to offer this special redemption window. That alone will change the world faster, but it does cause massive headaches for the NPTB. As our families in both theory and practice become financial equivalent to families that have existed for thousands and thousands of years, at least in terms of raw liquidity, not hard asset ownership of course. Right is right, and they had to do it by the books if they wanted to gain control legally of the whole system, which means every asset has to be reconciled per international law that is legally obtained and redeemed at it’s negotiated value per the international community. Obviously Zimbabwe is the richest country in the world by far (go see Black Panther the movie if you want to know how and why) and thus the infinite nature of the Zim bond note redemption. As a currency, ot as much but still stellar. Just over $1.90 USN closing today with HSBC.

Initial Liquidity

How much cash will they let me access up front at the exchange? We’ve 20% in the first 45 days, and 40% in the next 45 days, with 100% in a total of six months. Honestly, I’m not certain on these figures, the sources were all over the map. No consensus. But at the end of the day, it’s going to be phenomenal either way and you don’t that much cash period. So it’s silly to even worry about. Many want to buy real estate out of the gate, lots of it orexpensive real estate, you can begin negotiating with a letter from the bank demonstrating you’re able to perform up to a certain level, say 100M or 500M or 1B… whatever it is, just know people will begin to see what you’re worth by what your bank will accommodate with credit and they will start puttingthe pieces together… so the key is not showing too much, but showing just enough to begin the acquisition process ASAP. This goes for cars too… don’t show a
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