The E. C. Riegel Blog: #0: X22 Over The Weekend

Sunday, October 16, 2016

#0: X22 Over The Weekend – 10/14 to 10/16/16

Today Prime Money Markets Can Suspend Withdrawals During An Economic Crisis - Episode 1101a

EU Prepares For 'Dark Scenario' Cyber Attacks That Could Blackout Europe - Episode 1101b

The Hour Is Late, If You Haven't Prepared For The Economic Crisis, Start Now: Bill Holter
Current Economic Collapse News Brief - Episode 1102

We will attempt to start the proposal and everything required to start the VEN once more people understand that the Titanic they have been on all their lives is really sinking. But the internet may not be up then. What are you going to do? It's going to be harder to rescue people with no lifeboats, but we will continue to measure the Value Unit based on THEIR prices for THEIR precious metals as long as that lasts. We will attempt to set up whatever valuations seem likely up until we encounter 1 oz Au = 1,000 Value Units and then we'll see what happens. Right now, we are living in VERY dangerous times. Be seeing you.

This just in: Bill Holter - Between Now & Election Extremely Dangerous

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Current Value of Proposed Valun

V1 = $2.89
7 May, 2021

$2.59 at 22nd Valun inception 6 August, 2020. The lowest price a proposed international standard value unit or Valun will ever trade in US dollars. If this 22nd inception point is exceeded by a rise in the price of gold in dollars, a 23rd inception point is chosen, always higher, never lower. In this way the Valun maintains and builds its purchasing power. Details in this blog.

Valuns are proposed as alternative currency, not "buy and hold" investments.

NOTE 4/25/21: For about the last week we have observed delays in reporting and closes when they come that seem to attempt to short the markets on gold and silver. Though this does go on all the time, the past week's performances have seemed manipulated. When or if this subsides, this note will be removed. We'll then resume the usual times posted for market daily closes.

SPECIAL NOTE: Each change in the Valun price is updated by hand. Between 5/10/21 and 5/24/21 regular Valun updates will not take place and will resume after that date.