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"100T ZIMs Still Available" by TJ - 11/11/18
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"100T ZIMs Still Available" by TJ - 11/11/18
Seeing 100T Zimbabwe dollar bond/notes for sale today from a commercial source on the internet is not a good sign.
From seeing this anyone would naturally deduce from basic common sense that any talk of ZIMs currently being redeemed must be nonsense. Before redemption of ZIMs happen the remaining un-bought ZIMs would be removed by those organising the redemptions, or they would immediately be bought out by those who suddenly had proof that ZIM redemptions were real.
If ZIMs really are being redeemed currently, then these ZIMs that are for sale most likely are fake or non-existent.
It reminded me that although I have always believed that the undervalued currencies will be reinstated / revalued to their proper levels, I do not have anything like the same confidence in ZIM bond/notes having value. I bought some ZIMS because the price was low while the possible payback was huuuuge, which would greatly expand my humanitarian plans if they worked out, and therefor worth the risk. I would not allow myself to complain if they turned out to be worthless. However I would be very happy if they produce a return, the bigger the better, which I designated 100% to humanitarian projects when I bought them.
TJ
From seeing this anyone would naturally deduce from basic common sense that any talk of ZIMs currently being redeemed must be nonsense. Before redemption of ZIMs happen the remaining un-bought ZIMs would be removed by those organising the redemptions, or they would immediately be bought out by those who suddenly had proof that ZIM redemptions were real.
If ZIMs really are being redeemed currently, then these ZIMs that are for sale most likely are fake or non-existent.
It reminded me that although I have always believed that the undervalued currencies will be reinstated / revalued to their proper levels, I do not have anything like the same confidence in ZIM bond/notes having value. I bought some ZIMS because the price was low while the possible payback was huuuuge, which would greatly expand my humanitarian plans if they worked out, and therefor worth the risk. I would not allow myself to complain if they turned out to be worthless. However I would be very happy if they produce a return, the bigger the better, which I designated 100% to humanitarian projects when I bought them.
TJ
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Re: "100T ZIMs Still Available" by TJ - 11/11/18
"Re: 100T ZIMs Still Available" by Still Hanging On
Yes, exactly, TJ. Makes no sense, does it?. That is like owning one of the most coveted late 1950's Fender Stratocaster guitars, which my brother does own, and selling it for 25 dollars. The top selling models are valued at around 25,000 dollars.
Someone needs to ask how a Zimbabwe note, which can be purchased rather cheaply, will soon turn the buyer into a US dollar trillionaire? How can that be? Would someone please explain that? Maybe I am not understanding something. Maybe I am misreading something. Maybe I am not smart enough to understand it all. Please help. When and where will a person go to get their trillion dollars? Can a person get it in 20's and store it all in a 1970's VW van? Is a VW van safer than that QFS thing that can read your mind? Will that QFS thing know if I prefer blonds over brunettes? Can I give everybody on my street a million dollars? Can that new computer in Oak Ridge,TN that can do 200 thousand trillion computations a second keep up with all the wild and crazy stories about the GCR/RV? Maybe I am just dumb. Maybe St. Germain can come inside my brain and explain it all to me.
I do believe we are currently in some stage of a Global Currency Reset, and I do believe that some purchasers of certain currencies will make a nice profit at some point.
Sign Me: Still Hanging On
No, I am not a paid shill, just have a lot of time on my hands
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