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It is mainly in US company and GSE home loan backed securities anyhow. And aside from the US – unlike Australia – is not a small country. But the strategy that Pimco utilized (own foreign possessions swap from the money) is common. And in a US currency crisis (if such a thing ever happens) the runs on funds that use that strategy could be large. It’s a potential issue.
Go thru your currency again. Be sure you got your two kinds of photo ID. Make sure a costs is experienced by you or some type of thing that shows where you live. It could be a phone bill. Maybe it’s a gas expenses, whatever you have. Take that with you. The phases of the thing goes quickly fairly. Make certain let’s say your have three or four 4 different currencies, make sure you have the total and not the amount of notes like (10) 100 Trillion notes. The actual total number of Zimbabwe dollars for your bonds.
Get that total for Dinar, total for Dong, Rial, Aghani, etc. any total of the currencies you have. Have those typed out clearly. Bruce: Now the only other thing I that I was going to mention is as it pertains to the public, a date is being noticed by us for the general public start.
This is kind of a movable beast. It might change. It might not be right, april 24 for Tier 5 but I am hearing, or the so-called Joe Public. I do not know if that will endure, but I believe that is doable. An added thing before we go.
A while back again I told you men it was international law that the last day for the Zim to be redeem was April 12 at midnight. I just heard today that was no longer the case. That April 12th deadline is not correct anymore. So, it has been moved. I do not know where it’s been moved to, but I believe it has been transferred back and perhaps in that time frame later in the month.