^{_{White Hat Auxiliaries}}

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crypto ready for a third moon as the dynastic re-funding project aims for a boon

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Greetings!

Thankfully, the recent Israeli-Iran war did not spin out of control into a nuclear one…yet. Both pounded each other a bit, but since the U.S. took out key Iranian nuclear sites, it has resulted in a cessation of hostilities. A good thing, for now.

Depending on who you ask, we are either heading into some very good, or very bad times. Quite frankly, I would suggest you always be ready for either. This allows you to pretty much experience an average of the two possible experiences with as much of a sanguine existence as possible.

I detest trying to play the role of geo-political analyst. So many others are far more qualified to do such research and I find the topic dreadfully dull. So, forgive me if we just move along.

First, a brief update from Londinium.

londonderry airtime

The South Korean Trade-Off reality. 

Too much is being speculated by blog trackers wishfully dreaming of easy bailouts from the Selective Global Re-funding Project (SGRP). Aspiring to all, entitled to nothing.

Worse…understanding nothing.

Nine months ago, we hosted the then current South Korean Prime Minister and his wife, plus a South Korean entourage support team of hundreds, then, and we were tacitly preparing, out of sight, new initiatives to move forwards with new strategies and Programs. Foundation heads were re-appointed ready for this year.  

Unfortunately, in February, social unrest started with protests and activists loose. Political control went haywire. The then Prime Minister declared Martial Law and the Political Hierarchy fragmented. The PM was besieged by Political outrage. 

He fell in March and his new PM appointee, Lee Jae-Myung, only started on July 3rd. 

We now have to set up vast new Agendas, re-educating the new Regime on all Strategies for approval. All playing out. 

The new PM wishes to build closer ties with China and reduce aggression. Political backlash from U.S. arms sales. Agency games!

Do NOT underrate a c75% USD Currency devaluation over 10 years. If we sell at $5T we need to develop a strong Investment strategy or our $5T will be worth only c$1.5T and the Gold sold would appreciate to c15T plus.

China, BRICS, Cryptos, the Gold Prices, Trump Debacles and Fed Rethinks are all issues in play. A Melting pot swerving DC Gorilla Snot.    

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So that’s the latest from the Re-Funding Trustee. Sorry that more information is not available, but that “unavailable information” does indeed exist. The last significant status report we received at WHA was that another table-top meeting was now requested between parties that last met in 2020. We do not know if such a meeting has been scheduled as of yet. We will share more when it is possible.

crypto hauls the mail

So far, throughout the history of WHA, the Cryptocurrency value increase has been the sole performer for the commoner. Laying in the technological rails for it has been a very volatile experience, but this is common for all new pioneering endeavors. Like General Mead at Gettysburg, the smart ones saw what was coming, and how it would come, and were ready for it. We did our best to pass such advice to all of you.

We can dispense with most of the hysterical shrieking about fads, tulips, bubbles, etc. Institutional and sovereign adoption is well underway, and in a world that is demanding more efficiency, there is no possibility that this sector will be abandoned in favor of a regressive affinity for vacuum tube infrastructure.

But, one must sort the quality from the sublimely ridiculous.

Here is what we see through the fog based on current metrics and news:

• BTC is on track to hit $150,000 very soon. If the US government starts buying, then $400,000+ in possible short order. Government buying is currently not priced in. Otherwise, $200,000 by year’s end is possible.
• Dynastic Elder buying possibilities would be unimaginably hard to quantify as to price impact. Virtually no Crypto analyst is aware of this potential angle.
• Trump has, so far, kept every promise he has made to support Crypto development.
• Alt-coin Season remains intact despite recent corrections.
• Any failure of interest rate cuts are not necessarily going to hurt BTC price. Bitcoin doesn’t thrive on cheap money. It thrives on economic strength. And right now? The economy is getting stronger.
• All Crypto fundamentals remain strong. Key signs point to what has transpired so far as just the beginning.

So, the suggestion remains: Buy the dips with your spare risk dollars, and hold.

You all wanted an “RV”. Well, you are getting it.

And…speaking of.

DINAR-RREAH

For over two decades now, millions of people world-wide have pinned their hopes on a financial windfall by speculating in Iraqi Dinar and other war-torn/suppressed third word currencies.

One of the chief explanations used by many self-proclaimed, overnight instant international currency “experts” that such hopes will be realized is the claim that Kuwait Dinar (KWD) created many instant millionaires when people who held the KWD cashed it in post-war after the value “re-set”.

This has been the main glue that holds many to this scenario of Iraqi Dinar millions.

Since AI is becoming more and more useful as a time saving device, we thought it an intriguing idea to let Grok have a crack at this notion…instantly compiling the numbers about the supposed mass KWD revaluation windfall for us to consider.

So…without any further delay…Grok? What say you? Did Kuwait revalue their currency and officially pay off millions in war currency speculation?

Grok:

The Kuwaiti dinar (KWD) underwent a significant currency event following the First Gulf War (1990–1991), but it was not a revaluation in the technical sense. Instead, it was a redenomination and reissuance of the currency, which restored its pre-invasion value. Here’s a clear breakdown of what happened and whether speculators profited:

What Happened to the Kuwaiti Dinar After the First Gulf War?

1. Pre-Invasion Context: Before Iraq’s invasion of Kuwait in August 1990, the Kuwaiti dinar was one of the world’s strongest currencies, pegged to a basket of currencies and trading at approximately 1 KWD = $3.30 USD.
2. During the Invasion: When Iraq occupied Kuwait, the Iraqi government declared the Iraqi dinar (IQD) as the official currency, forcibly pegging the Kuwaiti dinar to the Iraqi dinar at a 1:1 ratio. This drastically devalued the KWD, as the IQD was worth far less (about $0.30 USD). Iraqi forces also looted large quantities of Kuwaiti dinar banknotes from the Central Bank of Kuwait.
3. Post-Liberation Actions: After Kuwait’s liberation in February 1991, the Central Bank of Kuwait took decisive steps to restore the currency’s value:

• Invalidation of Old Notes: On September 30, 1990, the Central Bank declared the pre-invasion Kuwaiti dinar notes (third series) invalid to prevent Iraqi forces or others from profiting from stolen currency.
• New Currency Issuance: On March 24, 1991, a new series of Kuwaiti dinar banknotes (fourth series) was introduced. Kuwaiti citizens could exchange old, valid dinars (not stolen) for new ones at a 1:1 ratio until May 7, 1991. The new exchange rate was set at 1 KWD = $3.47 USD, reflecting a return to its pre-invasion value.
• Restoration, Not Revaluation: This was not a revaluation (an upward adjustment of the currency’s official exchange rate) but a redenomination, where old notes were replaced with new ones to restore the currency’s pre-invasion value. The international exchange rate of the KWD never fell below $2.90 during the crisis, according to IMF archives, so no formal revaluation was needed.

1. Economic Stability: Kuwait’s strong economy, backed by vast oil reserves, low production costs, and a sovereign wealth fund, supported the dinar’s rapid recovery. The Central Bank’s strict currency controls and peg to a basket of currencies ensured stability.

Did Speculators Become Rich?

The idea that speculators made fortunes from a Kuwaiti dinar “revaluation” is largely a misconception, though some profited under specific circumstances:

1. Speculators Who Profited:

• During the occupation, some speculators purchased Kuwaiti dinars on the black market at heavily discounted rates (e.g., close to the Iraqi dinar’s value of ~$0.30 USD). Those who held valid, non-stolen pre-invasion KWD notes and exchanged them for new dinars after liberation at the restored rate of ~$3.47 USD made significant profits. For example, buying 1 KWD for $0.30 and exchanging it for $3.47 yielded over a 10-fold return.
• However, this opportunity was limited. The Central Bank’s invalidation of stolen notes and strict exchange policies meant only those with legitimate, pre-invasion dinars could benefit. Many speculators, including those holding stolen or invalidated notes, were unable to exchange them.

1. Challenges for Speculators:

• Invalidation of Stolen Notes: The Central Bank canceled the value of dinars looted by Iraqi forces, which appeared on the international numismatic market. This prevented many speculators from cashing in.
• Limited Access: Only Kuwaiti banks, with limited operations post-liberation, facilitated the exchange, and foreign speculators faced logistical barriers. Many foreign workers and speculators who fled Kuwait could not re-enter to exchange currency.
• Misinformation: The narrative of a “revaluation” making speculators rich was exaggerated by later currency speculators, particularly those promoting Iraqi dinar investments. The Kuwaiti dinar’s recovery was due to redenomination and economic stability, not a sudden revaluation.

1. Scale of Profits: While some individuals who bought dinars cheaply on the black market during the occupation made substantial profits, this was not a widespread phenomenon. The strict regulations, limited exchange window (until May 7, 1991), and invalidation of stolen notes restricted the number of speculators who could capitalize. Posts on X claiming a sudden “revaluation” on March 24, 1991, oversimplify the event and inflate its impact.

Why the Misconception Persists

The belief that Kuwait’s currency underwent a massive revaluation that enriched speculators is fueled by:

• Iraqi Dinar Speculation: After the 2003 Iraq War, promoters of Iraqi dinar (IQD) investments cited Kuwait’s recovery as a precedent, falsely equating redenomination with revaluation. This has led to scams and misinformation, as Iraq’s economic and political instability differs significantly from Kuwait’s.
• Social Media Amplification: Posts on X and other platforms perpetuate the myth of a Kuwaiti “RV” (revaluation), often without distinguishing between redenomination and revaluation.
• Conspiracy Theories: Some narratives, especially among Iraqi dinar speculators, suggest hidden financial opportunities suppressed by mainstream media, further distorting the Kuwaiti dinar’s history.

Conclusion

Kuwait did not revalue its currency after the First Gulf War; instead, it redenominated and reissued the Kuwaiti dinar to restore its pre-invasion value of approximately $3.47 USD. Some speculators who bought valid dinars at depressed black-market prices during the occupation profited significantly by exchanging them post-liberation, but strict regulations and the invalidation of stolen notes limited widespread gains. The notion of speculators becoming broadly rich is exaggerated, driven by misinformation and comparisons to the Iraqi dinar, which faces entirely different economic realities.

(Some emphasis WHA)

-End Grok

I do not know about you, but when Iraq does bring its currency back to an internationally traded basis and sets its value based on hard economic reality, I would not want to be a “dinar guru” left holding a very angry bag of irate followers who will be clamoring for refunds of all donations, etc., if and when the dinar they are holding is repudiated.

To conclude. If we are EVER told that taking a position in any current third-world currency is a good bet, we will certainly make such a suggestion.

But, the truth remains – from the highest financial source we are consulting with in The City – no such over-night instant, unearned, mass-million-dollar payoff is possible, nor are any Dynastic/Sovereign concerns planning to make it possible, other than for state sanctioned infrastructure development, and other strictly regulated usage only.

Which then leads one to ask: Where is all this “Dinar Intel” coming from?

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We thank you all, again, for your inciteful, informative and sometimes provocative comments and questions in our discussion section.

Continue to be ready for anything that could possibly come your way.

More when possible.

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WHA
S*P*Q*R*
SI VIS PACEM PARA BELLVM

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