SitRep "HSBC Comment" 3/5/17

Direct comment from HSBC - HK Private Bank on Sunday evening (morning in US):

"We're currently taking existing ZIM clients in order, and by the duration of their accounts with the bank, going one by one at a very slow pace to get acclimated with the exchange process.

The plan is to build momentum, speed and numbers, until corporate feels comfortable adding more intake points worldwide.

It feels like we are trying to learn or adjust on the fly, but I don't know that, it could just be a slow roll out strategy. Maybe both.

It's not been a "shotgun start" for the ZIM, at least not here in Asia, all other currencies maybe, but those we are told will follow in the near future.

I know corporate wants ZIM holders completely separated from the initial rush, so they're taking the necessary time to build consensus with the rank and file, as well as taking deliberate precautions to accomplish that end."

Well, SitRep, all its going to take is a couple of phone calls from the sheep, when they call the banks, asking to cash out a worthless currency, the sheep will be very embarrassed & angry at you for putting them threw this, & you wonder why people say things about you, well there right! Your a liar, & your as far as a man if God can be, but you are a son of the god of this world though.

Folks, just go to the reserve bank of zimbabwe website - they have a list of reserve dealers.  The entire country functions on a multi-currency platform that does NOT include any sovereign currency for Zimbabwe.  You cannot purchase ZWD from RBZ.  They don't exchange it.  It's DECOMMISSIONED.  It's not legal tender.  They had to start issuing, 'bond notes' out of desperation, and those are enumerated in USD.

If you cannot exchange ZWD (there is no such thing as ZIM) directly with the Reserve Bank of Zimbabwe for ANY rate of exchange, HSBC has zero authority or friggin INTEREST in exchanging decommissioned, non-legal tender toilet paper ZWD.

This whole scheme is a LIE.