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You will find some conflicting views from some of these authors. You will also find that all the authors are deeply concerned about the future of America. What they write is their own opinion, just as what I write is my own.


Thursday, February 12, 2026

Granna Bytes: Clarity About California Team

 By Anna Von Reitz

When I "fired" the new Co-Coordinators for continuing to dredge up past issues, that was not a condemnation of them as people. It was a recognition that, as a group, the past still had a hold and it was being dragged into the present and the future.

I meant no disrespect to any individual.  It's not like they committed any crime. I left the door open to come forward and say, "I didn't mean it that way." or "I didn't make those accusations." or ---whatever was true. Maybe the truth was simply, "I wasn't thinking of it in terms of the past. I was trying to solve a current problem." 

At least two of those who were impacted by this decision thought about it and did exactly that --- came forward and explained what they were grappling with and what they were trying to do.  And then I could understand and sympathize.  

Then I could suggest paths forward, open doors, and smooth away the ruffled feathers, show them what I was dealing with, and what I needed from them.  

David Hara simply explained his life situation and desire to concentrate on recording secretary duties.  He wasn't removed from being a Coordinator, if he had desired to continue.  

Laura Jordan came forward and explained her intentions and what she was trying to do, and we discussed it all.  The group had a worthy goal.  It was the way they approached it that went sideways.

And that is often the way things go. Just a little fine-tuning, a little adjustment in the way things are thought of or presented, can make all the difference in the world.  Laura is welcome to come back any time she wants to. 

Communication broke down because the Co-Coordinator Team was trying to do it all themselves with no help, trying to relieve my burdens by not asking questions or discussing the problems they were encountering. 

As it turns out, they were struggling over some terrain that the Federation had already cleared, not knowing the whole story because they didn't talk to me or other Federation Officers who could have and would have helped.  

There's a fine line between "not bothering us" and sensing when you don't really know the answer, and maybe need to talk to us. 

Nobody has done this for 160 years. 

Even the Federation -- people who have researched and dug and asked questions for decades --- often get stumped and have to dig some more.  

There's no shame in asking questions.  That's why there's a Summoning Authority -- to stand behind and assist the State Assemblies as they assemble, to guide them in the process, to encourage them to take right action on their own behalf, in accord with the customs and traditions of the American people and our Lawful Government. 

The former Co-Coordinators are not in any disgrace, not kicked out. The door is still open and the path is free to walk.  

The lesson is that there are right ways and wrong ways to do everything, and yes, it's appropriate to ask.  I regularly ask questions ---which is how I wound up in this situation, so be forewarned. 
This is also why I don't mind taking the time to answer questions for the Assemblies.  Even if I don't know the answer, I have access to the deep knowledge of other researchers.  

This is why Coordinators are in the field -- to act as liaisons between those who are building their State Assemblies and the Federation Think Tanks that have or can get answers the Assemblies need as they build their internal structures and come to grips with their duties and rights as the foundational components of the American Government. 

If your Coordinator isn't regularly in contact with the Federation and asking questions and returning with answers, they should be. That's their job.  There are those who persist in the error of thinking of the Federation in the same way that they think of the Federal Government.  It's important that nobody continues with that mistake. 

The Federation is not any part of the Federal Government.  

The Federation pre-dates the Federal Government and stands above the Federal Government --- in Law, in Truth, in Fact. 

And even if the present British-led imposters try to obscure this, it remains the truth. 

Our Federation Officers are Americans owing no loyalty to Britain. They are American State Nationals like everyone else. They belong to the Assembly in their home State where they live like everyone else. 

Our Federation Officers have every right, every duty, every responsibility of any other American and can serve in any capacity that any other ASN can serve -- with one (1) exception.  They can't serve on their State's International Business Assembly. 

Other than that, we are rank and filers like everyone else.  

Granna  

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International Public Notice: Gaia is Mars

 By Anna Von Reitz

We live on a landscape left behind by cosmic warfare, the "War in the Heavens", and its aftermath.  That aftermath includes the destruction of Mars as a life-supporting planet, the tilting of Earth on its lop-sided axis, the sudden disappearance of islands and parts of continents, ice ages, and more.  

When people talk about "Gaia" and about "restoring Gaia" many people assume that we are talking about Earth, but no, we are talking about the restoration of Mars. 

Gaia is the name of Mars. 
Terra, sometimes spelled as "Tara" is the name of the Earth. 

In a world that is already terribly confused, we don't need to add to the chaos.  

Restoration of Gaia has become possible as a result of advances in AI, energy collection, and robotics. For some on this planet, including Elon Musk, this has been a cherished dream because of direct ties to Mars.  For others, it has been seen as a open door to an alternative environment for an over-crowded Earth. 

What happened to Mars?  It's atmosphere was blown away by the solar wind as vast plasma fields converged upon it --- and what was once a beautiful planet became the dry husk seen today. 

The Earth needs recalibration, which is a different kind of restoration.  Earth's restoration involves unblocking certain "energy dams" called "seals" that have been artificially inserted and used to manipulate the natural flow of energy on the planet, cleaning up vast pollution of the biosphere, and other adjustments.  

Many are aware of this work and took part in clearing two of these seals, which restored the natural flow of energy to Africa.  

Though most Africans will never know the goodwill that prompted this effort, you can see the effects in the advancement of the African Union and their ability to recognize and throw off the chains of the Corporate Colonialists.  

There were always those who saw the chains but few who tried to do anything about it.  Now that the energy is restored, Africa will easily rise above the Colonialist threats and the local corruption that have bound generations of Africans to a form of commercial enslavement. 

One day soon, we will wake up to the happy realization that Colonialism has finally ended, not only in Africa, but throughout the world. 

Issued by: 
Anna Maria Riezinger -- Fiduciary 
The United States of America
In care of: Box 520994
Big Lake, Alaska 99652

February 11th 2025

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Granna Bytes: About Homelessness

 By Anna Von Reitz

I have the deepest empathy for all those who are struggling over housing issues.  This shameful state of affairs is totally unnecessary and is the result of gross breach of trust and misadministration .  We are moving as quickly as possible to correct it by ousting the District Courts and by forcing them to review their decisions and exonerate those taken against Americans.  Believe me, I am putting the hammer down on the rats so hard that they can barely squeak.  Their abuse of the court system, their failure to provide remedy (and therefore the illegality of the Federal Reserve Note), and their trespass on our States of the Union is being rammed down their throats on a daily basis.  

Their breach of trust and service contracts is the topic that won't go away, and the Due Process that was served on them for seven (7) years won't go away, either. 

Our approach at the Federation level is to ignore the brush fires in favor of catching the arsonists ----and putting them in jail or deporting them outside our borders.  This solves the basic problem at the source, and will then allow us to attend to the individual situations. 

At the present time, using the data and statistics available, the homeless population is largely composed of the elderly, young families, and "unemployables" who are disabled in some way.  The split is uneven and varies from state to state, but remains consistent overall.  

What can we do for the homeless right now?  We can open our hearts and really look at them and really see them.  That's the hard part.  Look into their faces, stop to talk, try to figure out who they are and where they rightly belong.  Then do what we can to get them there.  

Jim and I once converted an old log outbuilding on our property into a make-shift home for homeless men.  Jim went out on the streets and talked to them, and those he deemed safe, he brought home. They had to cut their own wood, shovel their own snow, keep their own outhouse clean, do their own laundry, haul their own water, and cook their own food.  I typed up their resumes if they had skills for those kinds of jobs, and they were all welcome to pursue any day work they could find.  I scouted the Goodwill and Salvation Army stores for clothes for them and furniture for their needs. There was no electricity in their shelter, but they had books and board games and hobby supplies.  Our 16" x 40" shed had an average of three men, sometimes up to five or six all living peaceably together, surviving the winter.  We gave them basic food -- ham hocks, onions, root vegetables, beans, rice, flour, coffee, lard.... the basics of life, a bed to sleep on, chairs to sit on.  Come winter, they had a "freezer" in the form of an insulated fish locker.  

The hardest cases were men too old to work hard, who had no family.  They made friends and tried their best to help and guide the younger men.  

All that came to an end in 1996 when the Miller's Reach Fire devastated our whole community and burned down our house and the shelter building, both.  

Our success at running a make-shift, unofficial shelter for homeless men depended on Jim's unerring ability to discern those who could fit into the social setting we had to offer. 

In case there was any doubt, we are most cruel to homeless men in this society; women can usually find somewhere to stay and get preference, especially if they have children. I guess men are supposed to freeze at lower temperatures than women.  Whatever reason it is, men take the worst of the homeless blight. 

"Taking in strays" as our disdainful neighbor called it, isn't for everyone.  Jim was still a mighty man in middle age so there were no bunkhouse fights or problems of that kind, but it was most likely because Jim was formidable in his own quiet way, and because he knew men.  He could sort the addictions and the hard luck stories and discern the truth.  He knew when someone would fit into our place and who wouldn't. 

I think about all those men "just passing through" our lives, some for a week, some for a month, some for a winter.  I know what happened, ultimately, to a few of them -- but most just went on down the road.  The one thing they had in common is that they had shelter from the cold and a lifeline through the winter.  

We often wondered how all the churches in the area stood there all warm and bright, and largely empty all the time, and never appeared to think that the homeless clustered helplessly nearby, freezing and starving, might be their brothers, or even their Lord -- that they might be honor-bound to do something practical to help.  To at least try.  The attitude of the snooty neighbors just echoed the institutional failures.  Good people, they believed, don't end up on the street.  

Our experience contradicts that self-satisfied excuse.  Good people wind up on the street every single hour of every single day, and it's not their fault that they do.  

An effective effort begins with having the courage and taking the time simply to talk to the homeless as people.  Find out who they are.  And then having the street smarts to evaluate what they tell you.  Are they mentally ill? Veterans suffering from untreated PTSD? Workmen who hit a stretch of bad luck?  Abused wives with nowhere to flee?  Orphaned or abandoned teenagers chucked out of State programs at the age of 18?  Chronic alcoholics?  Drug addicts?  Criminals working a beat?  Immigrants who don't know the language or culture?  

Someone has to ask the questions.  Who are they?  How did they get into this situation?  What do they need, right now, today, and what do they need to make their way forward? 

Somehow, despite over two billion Christians, Jews, and Muslims who have all been taught better,  the homeless and the orphans continue to suffer and die.  

Nobody is honest. Nobody admits that the condition of the homeless scares the wealthy and the complacent.   Yes, it frightens them.  They recoil and glance swiftly away.  Or keep their head turned avoiding eye contact altogether.  They don't want to ask the questions.  They don't want to know the answers.  They just want to get away and keep endlessly working, so that they don't end up the same way.  

Sometimes, in a misguided attempt to help, people wind up creating something worse.  Here's an example of it -- the so-called "orphan trains" that saved children from one bad situation, just to land them in something arguably worse: https://www.youtube.com/watch?v=w0eYVPgLVdg&list=PLNPtrE3klhpBBw0uuszXzrQb-PVx6QBHv

If you can take a moment to go beyond being "entertained" and listen to a woman's experience of being an orphan at the mercy of the Childrens' Aid Society, it may change your life. It may bring you into a whole new realization of the ways that the homeless have been exploited, and how commercialism, abuse, and enslavement go hand in hand, and always have. 

But before you run off to do your homework and watch this video, I want to say something crucial.  

The woman who shared her life story in this video was wrong about something.  She thought that she "lost" something, in her case, the ability to connect and to feel, and she believed that she couldn't get it back.  She believed that she was just "broken" and could never be mended. 

That belief became the truth for her.  It was a self-fulfilling prophecy.   Others defined her as a thing, a worker, a tool, a slave.   That was the only definition she knew.  The only way she was taught to react.  She most likely lived out her life never realizing that she could redefine herself, could be her own parent, could live for some other purpose than work, work, work. Most likely, even her own children, never stopped and asked the questions.  Never took the mending or the potato peeler out of her hands.  Never sat her down and played a song for her and certainly, never taught her to dance. 

Everyday, I have to deal with the brokenness of the world,  with broken children, and broken adults.  They come to me in droves.  They cry on my shoulder.  They tell me things that they can barely admit to themselves on a dark day in the bathroom, alone.  And it always comes as such relief to them, to simply tell the truth, whatever the truth is.  To have someone listen. 
To have someone be truly present for them.  

No matter how you cut it, it all begins and ends with communication.  The answers, and the healing, begin with communication. And courage. Always, solutions take courage. 

Sometimes the most fierce battles are the ones you have within yourself, when you are tired, when you are fed up, when you feel like you've got nothing left to give, when the weight of your own problems seems to be just about more than enough and your pocketbook is slim.  

It happens when you walk by that Salvation Army volunteer, because you are embarrassed by poverty and faith.  It happens when you turn aside from the young beggar in the parking lot, asking for gas money when he doesn't have a car.  It happens when you think that you don't have anything in common with a black man in his forties or a Muslim mother from Sudan. 

One day, the moment comes, when all the riches in the world mean less than nothing at all.  All the pride falls away.  You are left looking back at your life, and what you did, or failed to do with it.  You suddenly see yourself as your own Observer, realizing what a gift and resource you were given, and also, realizing how you wasted it, spent it chasing things that didn't matter, and failed to do what you were called to do, and what you could have done. 

Don't let that moment find you, when you have nothing left to say.  

Granna

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Tuesday, February 10, 2026

Granna Bytes: My Request of All of You -- Assembly Instructions

 By Anna Von Reitz

Several Assemblies have been operating as oligarchies and that is not the form of government that the American Government adopted many years ago.  Let's review: 

1. We are not a democracy (mob rule) where a 51% majority rules and individual rights are discounted.  

2. We are not an oligarchy where a small group of leaders has power and dictates to the group. 

3.  We are a republican form of government where the rights of the individuals are supreme, where respect and mutual support are paramount, and where the primary work of government gets accomplished via committees.  

If your Assembly is being organized as an oligarchy, report it.  We don't play "in crowds" and cronies in the American Government. 

The General Assembly is the primary body of the Assembly. 

The Jural Assembly, the Militia, and the International Business Assembly are subsets of the General Assembly.   Any idea that a Jural Assembly or Militia or International Business Assembly or any Committee can bypass the General Assembly needs to be overturned right now.  

Your arm is subject to your body, and so is your big toe.  Learn to work together cooperatively and respectfully, or go home, soak your head, and stand down.  

Everyone has the equal right to speak at meetings.  That means EVERYONE.  Whether you personally like what they have to say or not is not the issue.  Their right to be heard trumps your right to be offended. 

Any "unequal" use of the mute button to silence people you don't like or opinions you don't agree with is strictly forbidden by our customs and traditions.  

The only reasons to mute people are: (1) drunk and disorderly; (2) swearing and name-calling; (3) refusing to get on topic; (4) refusing to yield once their time is up.

If I get any more complaints about people being arbitrarily or capriciously muted or otherwise sidelined for holding different opinions, there will be consequences.  

All Assemblies operate by and through Committees, so you need to assemble your committees ASAP.   Assembly Committees are usually ad hoc affairs; the Coordinator or Speaker announces the formation of a Committee for a specific purpose, such as "New Member Outreach", and takes volunteers, then the volunteers meet separately and choose a Committee Chairman from among their members.  

Committees meet where and whenever is convenient to them.  It can be before or after General Assembly meetings or on different days and at different times convenient to the members of the committee.  
New committee members are added as more people volunteer or show interest in that committee's work.  

Any attempt to block members from working on committees or allowing "committee cliques" to develop is prohibited.  Anyone can volunteer to work on any committee they want to join.  

The Committees bring the results of their work back to the General Assembly on a regular basis, share what the Committee has learned, or done, or is in the process of doing, so as to invite more awareness and participation.   

In addition to the Coordinator Team, which is open to new volunteers to help with the workload and provide better service across the State, there are State Recorders and there should be a State Assembly Secretary Pro Tem chosen by a floor vote of the General Assembly at this time. 

The State Assembly Secretary keeps the records for the Assembly. 

Those records include the (1) minutes and/or video of the General Assembly Meetings, and (2) one black and white copy of the declaration and witness statements and any other records (baby records, etc.) that establish the member's identity and claim of birthright status; (3) a second black and white copy of the foundation records can be retained pending the opening up of County Assemblies when the second "county copy" can be turned over to the County Assembly Secretary, (4) records of any licenses, business contracts, or similar business-related affairs involving the assembly. 

There is no need for and no known precedent for creating or retaining four hard copies of anyone's records for any additional purpose, and  I would limit the liability to the two copies mentioned above and concentrate your efforts on: (1) finding a safe agreed upon place for the Assembly Secretary Pro Tem to keep these hard copy records; (2) creating a jpeg copy of these black and white records that can be updated regularly and maintained securely by the State Assembly Secretary and the Marshal at Arms and when you elect one, the State Assembly Chairman/woman.  

Thus you have two paper copies -- one for County, one for State, and jpegs of all the records distributed to three officers.  Now use your own heads to keep these records updated and safe.  It's not rocket science and it does not require an Act of God to assign these duties to responsible adult members of the group.  

Regarding the officers --- each assembly has two official positions attached to it that are Federation (not "Federal") Officers: the Coordinators and the Marshals at Arms.  Their jobs are (1) Coordinators are there to help you all get yourselves organized, hold elections, form committees, hold regular meetings, etc. and (2) Marshals are there for your safety and to provide a State level link to the PKTF and other services. 

There are other Federation (not "Federal") Officers that your Assembly may more occasionally have dealings with.  None of these people are associated with the present Federal Government and there should be no taint or suspicion or any other garbage attached to them or presumed about their activities.  

They are: (1) Continental Marshals charged with preserving the peace and enforcing international land law; (2) PKTF personnel who are charged with networking emergency services, communications, and forward planning for everyone; (3) Military and Militia liaisons who specialize in answering questions you may have about these functions; (4) County Assembly Organizers who fulfill the Coordinator functions at the County level and help get the County Assemblies set up properly.  

None of these people are associated with the existing Federal Government nor the corporations operating as the Federal Government and I repeat --- they are all State Nationals, they are all vetted, and they all have jobs to do.  

They have every right to step up and participate in the State Assembly where they live and are just like everyone else with no special powers or authorities over any other State Assembly member within the context of State Assembly functions. 

Remind them if they need to be reminded. 

Assemblies can recommend people to fill these Federation positions but can't "elect" them per se.  They are volunteers and they step forward.  We vet them, check their criminal records, etc. and make a determination of eligibility.  If they are eligible and willing, we train them or test them, and they get assigned. 

Everyone has been indoctrinated into a hierarchical authority structure and it takes time to learn and teach yourself to let go of those behaviors and assumptions of authority based on ranks and positions. 

Instead, we are just here doing a job for the good of all, within the limits and context of the work to be performed.   

Our assemblies have been racked by personality conflicts, petty power-mongering, suspicions, and gossip.  Be aware that you are undermining your own efforts from within when you do this and when you allow individuals to indulge in these behaviors unopposed.  

Shun gossip and let the gossipers know that isn't something we do in our Assemblies.  

It is not appropriate to apply the term "district" to anyone or anything that stands apart from the actual existing district government structure. 

Likewise, the term "insurrectionist" should never, ever be applied to any American who has declared their birthright status, and who simply opposes your view or your actions or those of the State Assembly. 

Insurrection is a specific and serious crime involving other crimes like looting and armed rebellion.  Be careful of your words and be aware that they have meaning and a life of their own.  

We are all allowed to express and hold our own opinion and to pursue what seems to us the best course of action in whatever lawful and reasonable way is possible.  Unanimous consensus is very rarely required, while censorship and name-calling are never appropriate. 

There have also been petty attempts to use "lawfare" techniques to punish people considered to be rivals or who simply hold a different opinion ----and that will not be allowed.  We are here to put an end to the abuse of the law for political purposes. 

You cannot "bring charges" against anyone for anything but injury to person or property.  We don't have 80 million statutes and crimes attached to each one of them.  No thought crimes.  

Vetting Committees, Oversight Committees and Ombudsman Committees are the most likely places to find abuses of power and I remind everyone that the job of the Vetting Committee is simply to determine basic eligibility for office, which is simply stated in terms of -- (1) are they State Nationals in good standing? (2) do they meet any age requirements of the office? (3) do they have any criminal records that would connect to the office they are seeking? (4) are they physically and mentally able to perform the duties? 

We have a case boiling up in one of the Assemblies because a candidate for State Justice doesn't have a background in American Common Law.  

At this point, hardly anyone has a background in American Common Law.  It has to be learned on the job using books and references and doing the best you can with it. 

It takes two years to retrain a Bar Attorney so that they aren't constantly falling back into "Equity" Law and only a year on average to bring someone totally new up to speed, so be fully aware that having experience in other forms of law is not a help and is more likely to be a hindrance to proper functioning of your new court system. 

Look for someone who is honest and fair-minded and diligent and willing to work and read.  There is your best hope for a competent State Justice. 

The American Common Law system is not here to micro-manage anyone's life.  So long as you don't do any harm to someone specifically, or to their property, there is no Cause of Action.  

We don't entertain thought crimes or political correctness issues. 

You can disagree with someone's vote, but their vote is theirs; it's not your business and if you attempt to use lawfare to censure them, you will be brought up by the proverbials and corrected. 

The Subset Assemblies --- the Jural Assembly, the Militia and the International Business Assembly --- are all part of and subservient to the General Assembly.  

They should be conducting their specialized business via committees and reporting regularly to the General Assembly, not trying to create their own little hegemony off in the corner. 

Lastly, a question has come up in an instance where a person actually left one State, moved physically to another State, and yet continues to function as a State Assembly member and officer of the State Assembly he left behind. 

This is not possible. 

It's understood that many people have reasons for moving to take care of sick or elderly family members, to pursue advanced training, etc., etc., all the while intending to return home to what they consider their home State.   

The fact remains that when you have lived in another State for a year and a day, you become eligible to join and support that State Assembly, and you need to do so.  

There is no provision for Absentee State Assembly officers.  Once you decide to leave, you arrange to turn over your keys and records, etc., and you may or may not recommend someone to fill your vacated position, and that's it.   

You can't live in one State and continue to participate in the political process and administration of another State at the State level.  

People get confused about that because they observe Federation officers doing business in multiple States.  That's because the Federation has duties and jurisdictions involving all fifty States.  

State Offices, however, are  fixed within the boundaries of one particular State, just as the powers of County Offices are fixed within the boundaries of one specific County. 

These are all, in the main, topics that I have discussed with Assemblies all over this country before and it appalls me that I have to keep coming back to these basics again and again. We have to get along with each other, keep faith with each other, forgive each other and keep moving for our own sakes and everyone else's. 

With all the very serious issues facing our country and our Assemblies, we need to pay attention to what is important and real, keep focused on solving problems and supporting each other in times of trouble, because these are profoundly troubled times. 

Keep focused on what's fair and good and right and true.  Turn away from the media circus and the bank fallout and all the "drama" that threatens to engulf Washington, DC and similar capitals around the world.  

The good news for you and other Americans is that you are safe. You won't be left without what you need and through you, your extended family and communities will be enabled to survive and thrive.  

My request to all of you is that you ground yourselves in the customs and traditions of your forefathers and turn away from all fear, selfishness, small-mindedness, prejudice, ego, and greed. We have a job to do and a worthy calling.  We don't have time or energy to waste on trivia and pride. 

If we fail to pass this one remaining great obstacle, we will fail altogether, and the challenge is simply this: to overcome our addiction to struggle and conflict, to recognize that we don't need any "drama". 

Even though it is oh, so familiar --- and may be oddly comforting because it is -- all the fighting and lying is what is destroying humankind and there are no victors in such a paradigm. 

This is what keeps everyone forever "fighting for freedom" and never experiencing it.  

We must realize that we have been conditioned like Pavlov's dog to "eternal war" and there is a part of us that wants to retreat from peace and get caught up in fighting and struggle and duality.  

It's like a default setting, drug addiction or other bad habit, that people get sucked into and all they want to do is fight, fight, fight. 

Recognize that the challenge is to stop fighting and instead aim to be worthy of peace and freedom, because until you all overcome this "war" mentality, you will not be able to find the peace and freedom that you all seek, and you won't be able to give this gift to each other.

Granna

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Monday, February 9, 2026

Granna Bytes -- The Word "Volatility"

 By Anna Von Reitz

What has happened?  After ten (10) years of shilly-shally and delays and ignoring Basel III compliance requirements, the cards have been called.  It's more a matter of the timing and the specific conditions under which the Basel III compliance is being enforced, and how it is being enforced, that are noteworthy and arguably wonky.

The Federal Reserve is on the ropes because they still have a seven trillion dollar debt left over from the Big Short in 2008, because the Treasuries market has gone soft, and because the entire basis that they operate on is based on unauthorized and undisclosed "borrowing" of assets belonging to the American people.  

Bottom line, they have nothing extra to loan other banks that may be in trouble because of changes to the "volatility index".  

This is a year-to-year evaluation of "asset classes'.  Assets are rated from Tier 1 to Tier 3.  Cash and actual precious metals are rated as Tier 1 assets and considered liquid and stable.  Tier 2 assets, things like mortgages, are relatively not as liquid and may not be as stable, either, but still represent known value. Tier 3 includes all the risky, locked down, regulated, and questionable assets --- like unallocated silver delivery contracts --- that a bank may carry on its books.  

As a result of what has just gone on in the silver market and the gaping hole it revealed between silver on paper, in the form of delivery contracts which proved to be undeliverable, and actual silver in hand, "unallocated silver" went from being a Tier 1 asset to being a Tier 3 asset overnight.  

This means that the banks must suddenly "cover" that risky Tier 3 asset by holding at least 85% of its purported value as additional Tier 1 assets --- and if it doesn't or can't provide that additional (usually an additional 75% of the value of the silver delivery contracts the bank is holding) Tier 1 liquidity to back the "unallocated silver" contracts, the bank loses its license to operate in the BIS system.

This may soon become a -- yuck-yuck -- silver lining and unforeseen benefit to the smaller banks that are forced out of the central bank system because they got caught holding "unallocated" silver contracts they couldn't cover. 

The bank system will try to imply that these banks that couldn't cover the "extra 75%" of value demand were somehow doing something illegal or wrong.  They weren't.  They were playing by the central bank system rules -- which turned out to be risky.  Now, to cover its own butt, the central bank system has changed the rules with only 72 hours notice.  Over the weekend, no less. 

This becomes a game like Musical Chairs.  There is only so much actual silver in the market, and the math says that it is leveraged 32:1.   That is, they have 32 ounces of paper silver liability for every one ounce of actual silver held by the banks.  

How about cash?  They are in short supply of that, too.  

No matter how you cut it, there aren't enough Tier I assets available in the (very) short term to cover the unallocated silver contracts --- that is, not enough chairs for everyone, and the music just stopped.  

This process will expose large banks that skated the edge of legality without common sense, betting that the fractional reserve of about 10% of the actual metal, was sufficient to carry the demand for physical silver long enough for them to meet their existing delivery contracts. 

They were betting on the come, similar to kiting a check -- which is a  fraud scheme infesting all banks and brokerages that practice "fractional reserve banking".   

The customer thought (and was left to assume) that he was buying actual silver, whether it was "allocated" to him specifically, or was "unallocated" as part of a big pile of silver presumably sitting in a warehouse somewhere. 

Instead, there was no big pile of warehoused silver waiting to be allocated.

The banks greedily oversold silver delivery contracts without having the actual silver in hand.  This would be like selling you a horse and giving you a saddle, instead.  The unallocated silver contracts have value because they are a bank liability -- but a saddle isn't a horse and a silver delivery contract isn't silver. 

The banks never bought the silver they promised to deliver when they received the Buyer's funds and sold the delivery contracts. They just took the funds and skated along, betting that if the customer ever asked for physical silver, they could hurry up and buy enough silver to fulfill the order on the open market. 

The Buyer could do the same.  That's just the point. 

Now that the Dirty Deal, an institutionalized Substitution Fraud Scheme in which silver delivery contracts have been passed off as silver bought and paid for is obvious to the public --- now and only now, the Bank for International Settlements leaps out the closet like the Bogey Man and says, you've got 72 hours to cover these silver delivery contracts with Tier 1 assets, or you are out of business.... 

You can see why this reeks on all sides. 

The banks that the BIS is punishing were allowed to do this by the BIS.  All the banks involved had cause to know that they were doing something risky and fundamentally dishonest, so did the BIS, but it was allowed anyway.  Now, many of these banks will not be able to meet the new Tier 1 holdings requirements in addition to the devaluation of the paper silver contracts from Tier 1 to Tier 3 assets.  

The banks have only three options: somehow come up with enough physical silver or enough physical cash to add to their balance sheets, or face being cut off from the SWIFT monopoly which is a death sentence for them, or -- and here's the third option: they can come home to the land and soil jurisdiction, have their debts paid off, 
and join the Global Family Bank network as a Prosperity Center. 

Among all the other things that people have forgotten, including the difference between fact and fiction, it's time to remember the jurisdiction where all physical assets naturally belong.  

If your local bank is being forced to close its doors because of exposure to derivatives or because it is coming up short and is unable to cover silver delivery contracts it is holding, make sure that they know there is a Third Option.  

Joining the Global Family Bank network is easy and fast and  provides new avenues and new customer bases outside the monopolized central bank and SWIFT systems.  Within a week they can be back up and running with a new asset base, no monopoly to deal with, and a new mission that offers far better rewards.  

Granna

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