NEWS, RUMORS & ARTICLES
4-23-14 wmawhite: There are articles out today suggesting that the new secured currency is being issued. Quote: "We are replacing the old currency with a new one be of the characteristics of high quality in terms of printing and the inability to forge and tampered with." He pointed out that the procedure, "will give the Iraqi dinar a large force in front of the rest of the other world currencies, as well as the ease of carrying and trading groups yellowed cash in banking transactions and the buying and selling and monetary exchange." This great news!!! For this currency to "work" there needs to be a change in the value of the IQD.
IMO, Iraq wants to make a big splash...get the world's attention...a float that you are dependent upon the world doesn't get them there quickly, IMO...the CBI is telling us so much. The only thing they are not telling us is how much. From their action they are doing things that indicate now. I am of the opinion that when the CBI make a change in the value of the IQD they will wants to leverage as much of it as possible...starting at 1166, or 1000 or anything less than a $1 to 1 IQD gets them nowhere on the world financial stage.
(Are you in agreement with rk and bgg that it should go before elections?) My opinion is that this is a financial event, not a political event. When the CBI does this in conjunction with the IMF/WB it will be based on their calendar not Iraq's election calendar, IMO. It can happen before, after, it doesn't matter, IMO. Comment
4-23-14 TNT DINAR CC (Notes by Canadagoose):
Replay 805.399.1500, PIN CODE 409029#
GOOD MORNING TNT............23 APR 2014
I AM SO GLAD YOU ARE HERE TODAY, WISH I WASN’T LOL
BEFORE WE START, DON’T KNOW HOW LONG THIS WILL GO......
YOU CAN ASK DC WHATEVER YOU WANT, BUT (LOL) DC IS NOT ON CALL WILL COME LATER
I NOTICED FIRST THING..........100 PEOPLE HANDS UP WITH QUESTIONS............IN FIRST 10 AT LEAST, SHOULD BE ALL NEW PEOPLE.....ONLY 1 REPEATER I CAN SEE, ACTUALLY 2 OUT OF 20 ARE REPEATERS
TODAY IS 23 APR 2014 WEDNESDAY
TODAY CAN BE A GREAT DAY, ALL PREPARATIONS HAVE BEEN MADE ONLY WAITING FOR ANNOUNCEMENT, GO BUTTON, STARTING GUN
PEEPS ALWAYS ARGUE AND WE’LL HEAR IT TIL THE END
YOU ASK IF I’M WONDERING ABOUT WHEN IT’S OVER, I CAN TELL YOU IT’S TODAY, IT’S TOMORROW, IT’S 30 APRIL, BETWEEN NOW AND THEN....................
WHY IS THIS DIFFERENT FROM ANY OTHER TIME?
IRAQ ON MEDIA BLACKOUT ON MONDAY...THEY WERE REPLAYING OLD STUFF
WHAT THEY WERE PLAYING THEN AND NOW IN THEIR NEWSPAPERS IS THAT THIS IS ALL DONE AND OVER, THEY APPLIED THE NEW RATES AND THE REST OF THE WORLD HAS CERTAIN AMOUNT OF TIME TO ACCEPT AND MAKE IT PUBLIC
CALL ANYONE YOU KNOW OVER THERE..........CALL OVER THERE AND ASK THEM TO GO THRU THE NEWS FOR YOU AND SEND YOU LINKS TO THE ARTICLES
CALL OVER THERE AND ASK WHAT THEY ARE SEEING ON THEIR TV TODAY.......WILL TELL YOU WHERE WE ARE AND HOW MUCH LONGER WE WAIT
THEY ARE EXCITED ABOUT EVERYTHING GOING ON THERE WITH VOTES AND ONLY THING THEY ARE UPSET ABOUT IS THAT THEY KNOW SOMETHING THE REST OF THE WORLD DOESN’T KNOW AND THEY WANT US ALL TO KNOW
TO GIVE THEM THE PRESTIGE THEY ARE LOOKING FOR AND NOT MUCH LONGER TO WAIT
WE HAVE DISCUSSED THE PROS AND CONS OF THIS HAPPENING NOW VS MAY OR JUNE AND WHAT THE RAMIFICATIONS WOULD BE
COMMON SENSE SAYS THIS IS OVER ....A LITTLE MORE THAN COMMON SENSE...INSIGHT FROM OURS AND PEOPLE AROUND THE WORLD
LETS TALK ABOUT PROCEDURES, QUESTIONS, WHAT-IFS AND SCENARIOS TO BEST PREPARE AND GIVE WHAT WE CAN TODAY...........OR
ANY OTHER QUESTIONS YOU WANNA ASK.....IF DC COMES WE’LL RE-ASK THEM TO HIM
NOTHING ELSE TO TALK ABOUT REGARDING INFORMATION BECAUSE THE ARGUMENT IS OVER, THE ONLY THINGS BEING DECIDED IS HOW TO ROLL IT OUT AND WHEN TO ROLL IT OUT
SOMEONE YELLING BUT NO ONE THERE
C; HOW ARE YA
C; NOT ON SPEAKER ON CELL PHONE
C; I WENT OVER THE LINE LAST WEEK ON THE CALL AND YOU TOLD ME TO STOP.............
C; WONT BASH YIOU OR NOTHING, I KNOW WE GOTTA WAIT........AT THE END OF THE CALL AND YOU HUNG UP YOU SAID HE GOT TOO CLOSE WHEN I ASKED IF THIS WAS IN CL’S HANDS AT THE IMF
T; DC ANSWERED THAT ..........NOT IN CLS HANDS CUZ IT’S DONE.......
C; NOTHING NEW TO ASK, I READ EVERYTHING, I KNOW STUFF, NOTHING NEW TO ASK, DON’T WNANA BASH JUST SITTING HERE WAITING
T; HOLD ON WAIT
T; ASK DC..........HE’S HERE
C; I ASKED THE QUESTION ABOUT IMF, IF THIS IS IN CL’S HANDS AND TONY SAID “HE GOT TOO CLOSE” AND CHUCKLED AT THE END...........WHO ARE WE WAITING ON TO REALLY PUSH THIS THING
DC; DITTO <LAUGHING>
C; IS IT THE C IN C (COMMANDER IN CHIEF)........HE HAS A LOT TO DO WITH IT, IS HE HOLDING IT UP?
DC; HERE’S HOW I CAN PUT IT...........FOLKS INSIDE OUR GOV’T WHO WOULD LIKE TO DELAY FOR PERSONAL GAIN.....STROINGLY APPEARS THOSE FOLKS HAVE ...[GARBLED DISJOINTED]....PUT IT THIS WAY, AND I AM BEING DISJOINTED ON PURPOSE....MOST OF THE WORLD INCLUDING US EXPECTS THIS ANY MOMENT NOW AND ANYTIME, THEY ARE ON LOCKDOWN, PHONES TAKEN AWAY
AGREEMENTS WERE MADE, SIGNED AND ENACTED....SOME INSIDE OUR GOVT PLAYING FOR MORE POWER AND PERSONAL REASON I’M UNCLEAR ON ALL OF THEM EXCEPT ONE, THOSE GUYS ARE TRYING TO SLOW THE PROCESS
IT SURE APPEARS THAT DUE TO ACTIONS THAT EVERYTHING IS MUCH IN OUR FAVOUR
HAD TO SAY IT BLANDLY BUT THAT’S AS CLOSE AS WE CAN GO
C; EVERYONE IN PLACE IN CONGRESS, READY TO GO, COME NOV ( I HOPE OVER BEFORE NOV) YOU DID SAY THAT............
T; HOLD ON
T; HE DIDN’T SAY IN CONGRESS...HE SAID IN PARLIAMENT IN IRAQ, THEIR ELECTIONS.....THEY ARE SAYING NOT TO GO THRU MAY 1 AND ALL THE RAMIFICATIONS.....NOT OUR NOV ELECTIONS, NOT HERE
C; OH THANK GOD!!
DC; THE ELECTIONS IN IRAQ NO ONE WANTS TO GET INTO.....
C; LAST WED CALLER ASKED YOU ABOUT END OF THE MONTH AND YOU SAID NO
T; WE DONT WANNA SEE WHAT HAPPENS IF IT DOES DO THAT
T; NO ONE ELSE DOES EITHER DC SAYS
T; RAMIFICATIONS NOT WHAT WE WANT, DON’T WANT TO BE PART OF IF IT HAPPENS OVER THERE
T; I THOUGH ONLY 2 REPEATERS IN 20.......EVIDENTLY THERE WAS 3
LETS DO SOMETHING ELSE
SINCE YOU’RE HERE........
WE HAVE SWTICHED ROLES CUZ YOU GIVE OUT MORE INFO THAN I DO CUZ I BEEN REALLY REALLY CAREFUL
I GOT A TEXT FROM A FRIEND THAT SAYS BE CAREFUL TODAY, OUR REALLY REALLY GOOD FRIEND
DC; I GET PHONE CALLS THAT SAY DONT MESS THIS UP BUT THEY DONT SAY ‘MESS’ LOL
T; HE ASKED IF CL IS ONE TO PUSH THE BUTTON, I SAY PAST TENSE
T; THEY ARE DISCUSSING ROLL OUT PROCEDURES WHEN, WHERE, AND HOW........WITHIN NEXT 7 DAYS COULD BE 7 HOURS BUT WITHIN 7 DAYS
T; 7 DAYS IS CLOSE ENOUGH
DC; SOUNDS GOOD TO ME
DC BOTTOM LINE IS WE UNDERSTAND TONY, ME AND A COUPLE OTHER GURUS WILL BE ASSISTING WITH EDUCATION PROCESS DURING ROLLOUT....TONY IS BETTER TO TALK ABOUT IT, THE PROCEDURES AND HOW THE WHOLE PROCESS WILL BE ANTICLIMATIC FOR MOST PEOPLE
BASICALLY YOU’LL GO THERE, RUN YOUR MONEY THRU THE MACHINE GET CREDIT IN YOUR ACCOUNT, NDAS FOR MOST PEOPLE, STRAIGHTFORWARD JUST DON’T TALK ABOUT IT, THERE’S NO GOV’T CONSPIRACY JUST DON'T TALK ABOUT IT........STRAIGHTFORWARD AND EASY
T; WHAT WE THINK WILL HAPPEN, WE WILL REVIEW THE NDAS, REVIEW THE CONTRACTS, POST THEM ON THE SITE, TO WALK YOU THRU IT AND ANSWER MOST Q’S BEFORE YOU GO....BIG THING TO STRESS TODAY IS TO STOP CALLING THE BANKS ABOUT THE DELARUE MACHINES.........STOP BEING CONCERNED ABOUT COUNTERFEIT MONEY...WE WILL WALK YOU THRU IT THEN THEY WILL JUST WALK YOU THRU IT....
EVERYTHING ELSE WILL BE GIVEN AS HEADS UP WHEN ANNOUNCED.........YOU’LL GET PHONE CALLS, APPTS, EXPLAIN THE WHOLE PROCESS ABOUT THE PHONE CALLS, ALL THE Q’S YOU CAN ASK, BANK REP ON THE CALL WITH US, WILL BE HERE FOR A WHILE.
T; SMALLER CENTRES 7 AM-11 PM, METRO CENTERS WILL BE 24 HOURS....
T; WE’RE GOOD TIL WE GET THE PACKAGE........
T; BANK PEOPLE ARE AT THE BANK, EXCHNGE PEOPLE ARE IN, PHONES TAKEN AWAY, ALL IN LOCKDOWN, LIKE THE BLACKOUT IN IRAQ, SAME HERE TODAY SO WE’RE GOOD
C; WHEN WILL YOU BE CALLING WITH THE PACKAGES? ANY TIMELINE?
T; YEAH WHEN I GET BACK FROM THE BANK...LOL
C; NOT 1 IN THE MORNING OR SOMETHING RIGHT?
T; I HOPE NOT
T; WHENEVER IT GOES, THEY WANT PEOPLE IN 2 HOURS, AT LEAST SCHEDULING APPTS WITHIN 2 HOURS
C; FOR DC........... CHINESE HAD DATE FOR END OF HIGH RATE.......HAS THAT EXPIRED?
DC; NO I DONT THINK SO, WE SHOULD BE FINE, MY UNDERSTANDING IS EVERYTHING IS WHERE WE WANT IT TO BE AND THINGS PASSED ARE GOOD
C; HAS HIGH RATE BEEN SET ASIDE FOR SPECIFIC GROUPS OR INDIVIDUALS ONLY AND WHAT WILL BE LEFT FOR US?
DC; I DONT KNOW ABOUT PERCENTAGES BUT ALL COMMON FOLK WILL HAVE CHANCE FOR HIGHER RATES BUT NOT ALL WILL GET THEM, BASED ON DECISIONS, TIMELINES AND THEIR OWN SITUATIONS, WHAT FITS YOU BEST AND WHERE WE ARE IN THE PROCESS
C; THANK YOU ALL
C; MORNING HOW ARE YOU
T; SUPERFANTASTIC, HOW ARE YOU
C; Q’S WRITTEN DOWN.......ONE COMMENT, WHEN YOU WERE TAKING GRIEF FROM THE PEOPLE ON THE CALLS, WE ALL GET UPSET, BUT I THINK ABOUT THE LORD SAYING THAT POOR IS A MINDSET.....IF YOU’RE RICH IN HEART YOU’LL BE RICH IN LIFE
T; YOU DONT HAVE TO BE RICH TO LIVE GOOD EITHER
T; MADE THIS COMMENT...WHEN PEOPLE CALL AND THEY ARE DEPRESSED AND FRUSTRATED AND I TELL THEM I ABSORB THAT CUZ THEY DONT KNOW WHAT I KNOW AND STUFF I CANT TELL THEM THAT WOULD MAKE THEM FEEL BETTER AND I TAKE THAT IN.....IF I COULD JUST TELL YOU SOMETHING IT WOULD CHANGE YOUR OUTLOOK.....IT’S THE ONES WHO ARE IGNORANT I DON’T WANT TO TALK TO
T; THERE’S LOTS THAT FEEL THE SAME WAY AND THEY JUST DON’T KNOW WHAT WE KNOW BUT THEY DONT HAVE TO BE IGNORANT ABOUT IT
C; WHAT IS THE SIGNIFICANCE OF THE EXCHANGE RATES DISAPPEARING ON CBI SITE AND COMING BACK AT OLD RATES BUT WITH NO MIDDLE EAST CURRENCIES LISTED?
T; MAN THAT IS SOOOO GOOD
DC; SOMETIMES ITS AN OOOOPS AND THEY SHOULD HAVE PUT THEM BACK ON..........SOMETIMES IT’S AN INDICATION OF WHAT THEY ARE DOING
DC; ALL THEIR SYSTEMS ARE SET UP TO REDIRECT WITHIN MINUTES
C; IS THERE A DIFFERENCE, WHAT ARE THE PROS AND CONS BETWEEN OWNING THE DINAR AND DONG........AND WHY
DC; RATE OF RETURN AND DIVERSITY...........RIGHT NOW DEPENDS.... ON ONE OF THOSE YOU WILL MAKE HIGHER ROI........AN ALSO DIVERSITY IN TERMS OF HAVING BOTH IS GOOD IDEA
DINAR IS THE BEDROCK FOR THIS WHOLE THING AND THEN BALLOONED FROM THERE
ANOTHER REASON TO HAVE THE DINAR, HAVE THE FOUNDATIONS BUT THE DONG MAKES SENSE FOR CHANGE
AFTERWARD, FOR THOSE PAYING ATTENTION AND ARE COMFORTABLE WITH CURRENCY PLAYS, THERE WILL BE A LOT OF MOVEMENT IN CURRENCIES AND PEOPLE CAN WORK WITH THAT. HARD GAME TO PLAY UNLESS YOU ARE EXPERT AT IT....TO UNDERSTAND CURRENCY GAMEST; IF YOU DO THE NUMBERS, ONE CLEARLY HAS ADVANTAGE OVER THE OTHER FOR ROI........
C; DONG TO FLOAT AS MUCH AS DINAR FOR MARKET RATE?
T; DONT EXPECT IT TO FLOAT AS MUCH BUT YES FLOAT BUT ACTUALLY YOU SHOULDN’T PLAY THE GAME UNLESS YOU KNOW IT.
C; CURRENCY IN BOTH MY AND WIFE’S NAMES, DO WE NEED 2 APPOINTMENTS AT 2 BANKS?
DC; I WOULD
C; IS THERE LIMITS ON HOW MUCH WE CAN CASH IN AT EACH APPT? CAN WE EXCHANGE SOME AT ONE BANK, SOME ACCOUNTS, DEALERS AND OTHERS
T; CAN DO THAT
C; HOW WOULD AFFECT IF I SPLIT THE EXCHANGE AND WITH THE NDA
T; SHOULD BE THE SAME, ONE NDA FOR THE RATE. CHANGE WILL BE WHICH BANK FEES THERE ARE AND HOLDBACK THAT TYPE OF THING
C; ANY SPECIAL BENEFITS WHILE DOING EXCHANGE TO EXCHANGE DIRECTLY INTO A NON-PROFIT RIGHT THEN, OR WAIT AND GET THE DEDUCTION FOR GIVING IT LATER...
DC; IF YOU GIVE TO NON PROFIT MAKES SENSE......BUT TO PUT IT INTO THEIR NAME.......YOU NEED ALL THEIR ACCOUNT INFO AND AN AGREEMENT...........TO DONATE IT.
T; YOU TALKING YOUR OWN FOUNDATION?
C; YES AN OTHER NON PROFITS..........SO I COULD DO ALL IN MY NAME OR I COULD EXCHANGE INTO NON PROFIT.....WILL IT MITIGATE THE TAX LIABILITY OR OPEN A CAN OF WORMS? OR SHOULD I JUST GIVE IT LATER FOR THE DEDUCTION?
C; OR IS THIS A QUESTION FOR RAY CUZ YOU’RE NOT PROFESSIONALS?
DC; TALK TO CPA OR ATTY ABOUT THAT AND YOUR SPECIFIC SITUATION, HOW YOU WANT TO DO IT AND THE TAX FOR BOTH....THERE ARE A LOT OF DIFFERENT WAYS TO SKIN THE CAT AND YOU NEED TO KNOW THE BEST
C; DO YOU SEE A DELAY THIS WEEK YOU HADN’T ANTICIPATED?
T; I DONT SEE IT
DC ME NEITHER
T; DETROIT EVENT? IS THERE SOMETHING SPECIAL FOR THAT PAM?
C; COUPLE Q’S..........ONE..........I HEARD THE PRIVATE PLACEMENT CONTRACTS WERE TO ABSORB SOME OF THE LARGER BILLS QUICKLY BEFORE EVERYONE ELSE.....DO YOU THINK THERE ARE TWO STAGES LIKE THAT OR ONCE THE NUMBERS ARE RELEASED ALL WILL GO?
DC; THERE HAVE BEEN TRANSACTIONS GONE ON IN THE PAST, THEY HAVE WOUND DOWN AND ARE DONE. MAJOR GROUPS WILL ALL BE AT SAME TIME............
C; NDA, COMMENTS AND THINGS I’VE SEEN....I KNOW WHAT THEY ARE, BUT ARE THERE SPECIFIC PROVISIONS FOR TALKING WITH CPAS AND ATTYS....I SAW PREVIOUS NDAS AND THEY MADE IT IMPOSSIBLE TO DO WHAT IS LEGALLY REQUIRED. ALSO THE CCC’S ..... IS THERE SOMETHING SPECIFIC WITHIN THE NDA TO ALLOW US TO DO WHAT WE LEGALLY HAVE TO DO?
DC; WHEN ALL ELSE FAILS LISTEN TO IRS........IF SOMEONE ELSE IS TELLING YOU TO BE QUIET, RED FLAG. IN THE NDA NOW, IT IS VERY PROBABLE A PROVISION IN THERE NOW, YOU MIGHT HAVE TO HAVE CPA AND ATTY SIGN YOUR NDA TOO.......THEY ARE USED TO IT.............
T; WE WERE HEARING A SPECIAL IRS CODE PROVIDED FOR THIS?
DC; HAD UNDERSTANDING ON SOME TRANSCTIONS LIKE PACKAGES A, B, AND C. FOR EXAMPLE:
A MAY BE SPECIFIC AND SAY IT FALLS UNDER WHATEVER INCOME AND STRAIGHTFORWARD
B MAY SAY SOME KIND OF SPECIAL TREATY AND TAXED APPROPRIATELY
C MAY SAY SEE YOUR TAX ATTY AND CPA
NO ONE KNOWS FOR SURE ABOUT THE TAXES UNTIL ONCE ALL THE RULES ARE OUT AND UNDERSTOOD
T; AS FOR A LETTER FROM THE BANK, IF THE FUNDS ARE WIRED IN FROM EXCHANGER THEY KNOW THAT.......IF YOU’RE WALKING IN WITH IT IN YOUR HAND, THEY KNOW THAT.......NO PROB WITH GETTING A CCC
C; I AM REP FOR CERTAIN BUSINESS ENTITIES.........WHEN I CALL THE 800 NUMBER, DO I USE MY PERSONAL ID OR THE ONES FOR THE COMPANIES??? OR WHAT??? THERE IS MYSELF AND SEVERAL BUSINESS ENTITIES
DC; GOOD Q FOR WHEN WE HAVE THE PACKETS.........TO THE GUYS WITH THE PACKETS: PUT THIS INFO INTO THEM FOR US............WE DON’T HAVE AN ANSWER YET
C; ASK THEM PLEASE AND LET US KNOW.........
DC; A LOT OF PPL IN SIMILAR SITUATION WE’LL TRY AND FIND OUT AND LET YOU KNOW
C; THANK YOU
C; MY EXPECTANCY RATIO IS SHOT.........I DON’T THINK I’LL EVER GET EXCITED AGAIN
T; I THINK WHEN THE 800 COME YOU WILL
C; LISTENING TO DC ABOUT CONTRIBUTING AND CHANGING THE WORLD...........LESS THAN 1% OF POPULATION HAVE DINAR, LESS THAN 1% OF THAT OWN ANY LARGE AMOUNT
DC; DONATIONS CAN BE $50 DOESN’T HAVE TO BE A MILLIONS OF DOLLARS............AT THE RATES WE TALK ABOUT ITS STILL A LOT OF MONEY.....YOU CAN STILL GIVE SMALL MONEY AND BE EFFECTIVE
T; NOT ONLY THAT BUT ALSO THE HUMANITARIAN PROGRAMS GOING ON ALL THIS TIME TOO
DC; A LOT OF HUMANITARIAN PROJECTS FUNDED WITH DINAR, GOV’TS DOING THIS ON A LARGE SCALE, WATER IN AFRICA, SCHOOLS, VACCINATIONS, ALL THAT....FUNDED WITH DINARS FOR THESE PROGRAMS TO BE USED ALL OVER THE WORLD AND BE OF HUGE HELP............BEING FUNDED IN MASSIVE WAYS BY THIS..........THOSE DEALS THEY ARE ALL COMFY WITH THOSE AMOUNTS AND NOW WORKING ON WHO IS RUNNING THEM AND STUFF. THEY AREN’T ARGUING ANYMORE, THEY ARE TALKING ABOUT SPENDING THE MONEY.
C; LEAVE SOME OF THE ROLLS ROYCES FOR US...LOL. BUT ITS ONLY A CAR AND WE CAN GO DO SOMETHING SEPCIAL WITH THE MONEY.
T; YOU TELLING ME NOT TO BUY MY ROLLS? LOL
C; ONLY A CAR.........
T; ONLY A CAR BUT I’LL LET THE WHOLE NEIGHBORHOOD DRIVE IT..LOL
T; CAN WE GET MORE IN DEPTH DC...HUMANITARIAN PROGRAMS BUT THIS MONEY IS ALSO USED TO FUND SOCIAL PROGRAMS HERE IN US AND THE WORLD
DC; LETS NOT CUZ THEY ARE SUPER ACTIVE TODAY AND LETS NOT MESS IT UP....
C; FELL ASLEEP, NOT SURE I’D WAKE UP IN TIME.........LOL
T; I CAN UNDERSTAND YOU BEEN HERE 2.5 HOURS
C; WORKED ALL NIGHT AND CALLED IN EARLY AND FELL ASLEEP.........LOL
C; THANK YOU ALL AND REALLY EXCITED EVERY DAY THAT HOPEFULLY IT’LL BE HERE SO I CAN QUIT MY JOB.........DC, THANK YOU FOR YOUR HELP...ALL THE MODS........THA’S ALL I HAVE
T; THANK YOU
T; DC LOOK AT THAT TEXT PLEASE?
C; YOU SAID NO BIG RUSH TO GET TO THE BANK, I’M HEARING A FIXED RATE FOR 6-8 MONTHS?
T; ABSOLUTELY NOT GONNA HAPPEN.............TOO LONG
C; I NEEDED TO ASK
T; I CAN GIVE YOU SOMETHING TO HAVE FAITH IN ....WHEN THE INT’L RATE COMES OUT, THAT WILL BE YOUR BOTTOM LINE, SHOULD GO UP AND DOWN AGAIN BUT NOT BELOW THE INT’L RATE.....SHOULD BE THAT FOR AT LEAST 90 DAYS............THE REST OF THAT I DONT UNDERSTAND
T; BELIEVE ME THIS........THERE ARE PEOPLE OUT THERE AND SITES OUT THERE LIKE BAGHDAD INVEST AND HE’S FROM IRAQ OWNS A SECURITY COMPANY AND HE IS TRYING TO GET PEOPLE NOT TO BELIEVE, TO SELL BACK TO GIVE BACK THEIR DINAR......THEY ARE TRYING TO GET YOU TO NOT BELIEVE. THEY’LL GET WHAT THEY DESERVE.
BUT PEOPLE THINKING YOU GOT TIME WITH A FIXED RATE, YOU’LL MISS OUT.....
C; THANK YOU ALL
C; SHUT THE FRONT DOOR, TONY!!! LOL DC!!!! I AM SO EXCITED!!!!! LOL
(SHE IS SOOOOOOOO EXCITED CAN’T TALK............LOL)
T; I WAS STATIONED AT WRIGHT PAT.........
C; WE HAVE VET IN THE HOUSE
T; YOU SOUND LIKE SO CAL............
C; NOT TRYING TO SOUND GHETTO..........LOL.......TRYING TO BE PROFESSIONAL A/A LOL
C; I’M AFRAID ABOUT GOING TO THE BANK WITH ALL THAT I KNOW, I READ EVERYTHING, I AM AFRAID THEY WILL HAVE A WORD OR SOMETHING IN THE CONTRACT TO THROW ME.............
Q; WHAT ABOUT THE SWEEP ACCOUNT PROCESS, CAN I DO IT WITHIN MY FIRST APPOINTMENT?
T; SWEEP IS WHAT THE BANK DOES AT NIGHT........THIS IS WHAT THEY WANT YOU TO DO...........WE WILL GO OVER THE NDA AND CONTRACT BEFORE YOU GO TO THE BANK...WE’LL HAVE BANK REPS ON THE CALLS AND ALL BEFORE YOUR APPT....THEY WANT YOU TO GO TO YOUR APPT, EXCHANGE YOUR MONEY, PUT IT INTO AN ACCT, AND LEAVE. DON’T DO ANYTHING UNTIL YOU SEE YOUR WEALTH MANAGER. YOU MIGHT HAVE TO AGREE ON INITIAL PERCENTAGE AND INTITIAL FEES BUT AFTER THAT...........BIGGEST DECISIONS AND THINGS SHOULD BE SECOND APPT
C; DOES THIS FALL INTO THE 30 TO 90 DAYS OF DON’T DO ANYTHING MAJOR.......LET IT SIT UNTIL SECOND APPT TO DO ALL THIS.........THEN WE SIT AGAIN ANOTHER 30 DAYS?
T; SECOND APPT COULD BE IN 48 HOURS............THEN MAYBE WAIT TIL YOU FEEL COMFORTABLE SO YOU’RE NOT RUSHING OUT SPENDING MONEY....YOU SET ASIDE YOUR TAX MONEY, KNOW YOUR SPENDING, SETTLE DOWN AND THINK.
TWO CRITICAL THINGS.............50% FOR TAXES..........25% TO WORK FOR INCOME................SO IF 25% YOU SPEND...YOU STILL HAVE SOME COMING IN FOR THE REST OF YOUR LIFE
C; TAXES.....DO WE HAVE A TIMEFRAME POST EXCHANGE WHERE IT SHOULD COME OUT? DO WE PAY RIGHT AWAY? IS IT CAPITAL GAINS? INCOME? ALL TIED TOGETHER IN THE 50%?
T; DC SAYS WHATEVER RATE YOU ACCEPT WILL HAVE DIFFERENT TAX SITUATION..NOTHING IN STONE YET
C; ONCE WE PAY TAXES ON THE EXCHANGE , IS THAT A ONE TIME TAX THING OR DO WE HAVE TO PAY THE SAME THING EVERY YEAR?
T; YOU’LL JUST PAY TAX ON THE INTEREST EVERY YEAR LIKE ALL BUISINESSES ACCORDING TO YOUR TAX RATE AFTER THIS..........
C; I FEEL LIKE I JUST ASKED A WHOLE BUNCH OF SMART QUESTIONS
C; BROTHER DIED AND MISSED ALL THIS
C; SOUTH KOREAN, SHOULD WE BE BUYING THEIR CURRENCY?
T; DON’T KNOW ABOUT IT.......NOT ON THE LIST
C; BUDDIES SAYING SOUTH KOREA WOULD BE A GOOD PLACE TO BUY CURRENCY
T; NOT HEARING ANYTHING THING ABOUT IT
DC; ME NEITHER
C; ON THE 50% WE PUT ASIDE FOR TAXES..........CAN WE GET INTEREST?
DC. YEAH ABSOLUTELY
C; THANK YOU ALL, WE ARE HERE WHEN YOU NEED US
T; SECURITY GUY?
C; WE KNOW YOU, WE WAIT FOR YOU..........
T; THANK YOU
C; WANT TO CLARIFY............YOU SAY NOT EVERYONE WILL GET CONTRACT RATE, MY INTERPRETATION OF THIS WOULD BE FOR EXAMPLE, THE 4 MILLION PEOPLE NOT LISTENING TO THESE CALLS WON’T GET IT........IF YOU WAIT TOO LONG YOU WON’T GET IT.......SOME WILL CHOOSE NOT TO TAKE IT DUE TO CONTRACT OR NDA.............AM I THINKING THE RIGHT WAY THIS IS HOW NOT EVERYONE WILL GET IT
T; THAT WAS PERFECT.
DC; YOU SUMMED UP BETTER THAN WE DID
C; I WANT THE CONTRACT RATE AND I LISTEN TO YOU A LOT..........SO MY GUESS SINCE THERE MAY BE A 20% CONTROL BY BANKS, I’VE HEARD THAT IS A POSSIBLITY BUT YOU SAID AFTER TAXES AND IT CONFUSED ME HOW DOES THE BANK KNOW ABOUT THE TAXES TO HOLD HOW MUCH....
DC; ON THAT CONTRACT ALL WILL BE DIFFERENT, THAT PARTICULAR ONE ABOUT THE 20% AND 40% THAT WAS AFTER TAX AND 6 MONTHS TO 2 YEARS......
C; THIS TYPE OF INFO WE WOULD HEAR ABOUT IT ON THE CALL BEFORE THE BANK
DC; THATS THE PLAN
T; THAT’S THE PLAN BUT THAT MAY CHANGE AND WE DON’T HAVE IT YET AND THE NUMBER COULD BE ANNOUNCED AND WE MIGHT SAY DO A CALL IN AN HOUR
T; FIRST WE HAVE TO GO OVER IT.......I HAVE TO UNDERSTAND IT MYSELF FIRST SO I KNOW WHAT I’M TALKING ABOUT.......NEED TIME TO DO THAT..........NOT SURE ON INITIAL CALL WILL WE HAVE A BANK PERSON? MIGHT TAKE TIME TO DO THAT FIRST CALL
C; FRIEND HOMELESS ON FRIDAY........NO OTHER OPTIONS..............I KNOW YOU CAN’T SAY DATE BUT CAN YOU GIVE INDICATION AND HOPE FOR HIM
T; WHEN IS HIS DAY, FRIDAY?
C; HAS TO BE OUT FRIDAY, DROP DEAD DATE
T; I WILL LET DC ANSWER THAT
DC NO PRESSURE EH? THANKS LOL
DC;WHAT WE CAN DO IS TELL YOU WE’RE SORRY HE’S GOING THRU THAT............HES NOT THE ONLY ONE..........WE CAN TELL YOU FROM OUR SIDE OF THE PICTURE:
WE’RE SEEING EVERYONE AT THE BANK LEVEL, TREASURY, IMF, IRAQ, UN........PHONES TAKEN AWAY, SCARED STRAIGHT TO KEEP THINGS QUIET, DC GUY EXTRAPOLATES FROM THAT YOU CAN’T HOLD THAT MANY PEOPLE THAT LONG IN THAT PRESENT STATE THAT ARE NOT THAT TYPE OF PEOPLE........... INDICATES THINGS LOOK VERY VERY GOOD.
T; GREAT ANSWER
C; I UNDERSTAND YOU CANT SAY A LOT, THANK YOU
T; EXPRESSES CONDOLENCES FOR ALL WHO HAVE LOST FAMILY FRIENDS/HOMES ETC...............
C; THINK I JUST HAD A HEART ATTACK! LOL
T; OH NO DONT DO THAT
C; SUPPOSED TO BE EXCITED AND ALL THAT BUT I FEEL LIKE WERE ON THE HAMSTER WHEEL. WE WERE TOLD IT WAS OVER, AND IT DOESN’T LOOK LIKE IT.
I’M HOMELESS, LOSE MY CAR FRIDAY.......CAN’T WORK, CAN’T FIND MONEY, LOSE MY DISABILITY......... EXCITED THAT IT ‘HADDA HAPPEN’ BY THE FIRST, BY THE 15TH.........I BELIEVE YOU BUT DONT SEE THE DIFFERENCE BETWEEN TODAY AND BY EASTER AND BEFORE
T; DIFFERENCE IS.......THE RV HAS ALREADY HAPPENED. I’M TELLING YOU THAT THEYRE BLOCKING THINGS IN IRAQ, CELEBRATING PUTTING OUT NEWS ARTICLES AND ALL.............THEY THREATENED PEOPLE WITHIN AN INCH OF THEIR LIVES TO NOT SAY SOMETHING.........WHY DO THEY DO THAT........ WHY DO THEY DO THIS IF THERE ISN’T SOMETHING THEY DONT’ WANT US TO SEE AND KNOW.......WE KNOW WHAT WE KNOW.......YOU DON’T PUT THESE KIND OF PEOPLE ON THIS LEVEL OF LOCKDOWN THAT THEY’RE ON WITHOUT SOME RESULTS....SOMEWHERE TODAY YOU HAVE TO HAVE FAITH ITS DIFFERENT FROM ANY OTHER DAY
ITS NOT THE 800 CALL BUT THINGS HAVE CHANGED REALLY DRAMATICALLY
C;L BEFORE YOU WERE ABLT TO TELL US WHAT DIDN’T HAPPEN......BUT COULDN’T TELL US WHAT HAPPENED......BUT RECENTLY WHEN THINGS BEEN PUSHED OUT AND YOU HAV EN’T SAID ANYTHING.....THATS WHY THE QUESTIONS FORM PEOPLE.
C; MAY BE ANOTHER CALL TODAY?
T; MAYBE? BEFORE EVERY TIME IT WAS DELAYED IT WAS MONTHS, WEEKS, THEN DAYS AND NOW ITS DAYS AND HOURS............
DC I THINK YOU NAILED IT ...........LETS TALK ABOUT THE COMMON FOLKS IN LOCKDOWN. THOSE OF US COMFY WITH MILITARY OPERATIONS ARE USED TO THEM TAKING OUR FREEDOMS AWAY AND TOLD TO BE QUIET. THE FOLKS THAT ARE LOCKED DOWN NOW ARE ONES WHO NEVER THOUGHT THEY WOULD EVER BE INVOLVED IN SOMETHING LIKE THIS...MEDIA TYPES, BANK PEOPLE, THEY ARE FORCED INTO IT AND NOT DESIGNED, NOT THEIR MENTALITY FOR THIS. INTEL AGENCIES AND MILITARY WE KNOW SOMETIMES ITS GONNA GET ROUGH. BUT NOT THESE PEOPLE. THOUSANDS OF THESE PEOPLE LOCKED AWAY, NO PHONES, NO FAMILIES AND ALL......THEY’RE AT THIS LEVEL OF INTENSITY......THEIR BOSSES ARE SAYING LET’S GET THIS DONE.......
C; MY DINAR, WHEN I BOUGHT IT I CAN’T FIND A RECEIPT, BUT I HAVE LESS THAN A MILLION DINARS........WILL THAT BE A PROBLEM?
T; I DON’T THINK IT SHOULD BE
DC; SOME DEALERS SPECIFY THEY WON’T TAKE IT.....BANKS HAVE ALL THE MACHINES AND BOOKS TO DO IT
C; SWEEPING ACCOUNT. HOW DO YOU FEEL ABOUT HOW THEY DO IT AT NIGHT, CAN WE PARTICIPATE IN IT?
T; YOU CAN’T PARTICIPATE..........THAT’S THE BANK MAKING THEIR MONEY YOU CAN’T DO IT
C; CAN I TELL THEM THEY CAN’T USE MY MONEY THEN?
C; SO THEY CAN USE MY MONEY TO MAKE MONEY BUT I CAN’T?
C; YOU CAN MAKE MONEY BY INTEREST AND INVESTMENT....BUT SWEEPING ACCOUNTS IS THE BANKS AND THEY WON’T GIVE IT UP
C; WHAT BANKS WILL HAVE LARGEST RATES
DC; THAT WILL CHANGE DEPENDING ON THE ACCOUNTS YOU GET INTO....SOME BANKS ADVERTISING 3% CHECKING ACCOUNT........AMAZING.......SHOP AROUND........
C; STANDARD FEE TO CHARGE IS 2%........
C; WHAT IS PROCEDURE FOR VNN VS IQN?
DC; PROCEDURES? HOW DO YOU MEAN?
C; IN THE BANK...........WANT DONG IN ONE BANK AND DINAR IN ANOTHER
DC; MAYBE BANK ACCOUNTS NOT BANKS...........BANKS WILL WANT IT ALL BUT WE BEEN ADVISED IN THE PAST TO KEEP THE DINAR AND DONG SEPARATE BECAUSE OF TAX IMPLICATIONS
C; ARE YOU DOING FOREIGN CURRENCY ACCOUNTS?
DC; MCAS? I USE THAT NORMAL EVERYDAY BUSINESSES
C; WHAT BUSINESS DO YOU DO?
DC; JUST A FEW...LOL.....YOU CAN USE THEM IF YOU LIKE IF IT BENEFITS YOU......MOST PEOPLE THEY DON’T NEED THEM..........
C; GOOD TO HAVE ONE OF THOSE TO DO THE FLOAT THING?
DC; YES IT WOULD BE BUT TO WARN YOU, YOU’RE PLAYING WITH FIRE, SHARKS EATING SHARKS
C; NDA.....ACCOUNTANT DOES HE HAVE TO SIGN TOO
DC; YES THE ONES I’VE SEEN..........THEY’LL HAVE TO SIGN TOO
SPOUSE AND CPA/ACCT AND ATTY........ ALL NEED TO SIGN............THE CPAS ARE USED TO THEM FROM THEIR OWN BUSINESSES
C; IF MY ACCOUNTANT IS ALREADY BUYING DINAR, CAN WE DISCUSS.............? AFTERWARD HE ALREADY KNOWS ABOUT IT, IS THAT OKAY?
DC; MAY BE SIGNING DIFFERENT NDAS SO UINDERSTAND EACH OTHER’S VERSIONS...............THERE COULD BE 10 DIFFERENT ONES.....
T; YOU CAN ONLY TALK TO PEOPLE WHO SIGN THE SAME ONE YOU DID................
C; WHAT ABOUT RESERVES? ANYTHING BEEN SETTLED?
DC; WHEN WE GET PACKAGE WE’LL KNOW. SO FAR SAME INFORMATION STILL ACCURATE.........
C; CAN’T USE THE MONEY FROM C/E TO BUY RESERVES?
DC NOT CLEAR ON THAT........
C; THANK YOU ALL
C; IVE BEEN VERY ILL BUT BELATED HAPPY BIRTHDAY TO YOU AND DC........WHILE IN HOSPITAL LISTENED ON CELL PHONE...........BEEN 3.5 YEARS WITH YOU.........MOST Q’S ANSWERED..........WANNA ASK.........HOW FAR DOES THE RUBBER BAND STRETCH BEFORE IT BREAKS?
T; NOT SURE IT DOES BREAK BUT DON’T THINK WE NEED IT TO STRETCH ANY MORE
C; TYPED UP BANK AND ACCOUNT AND ROUTING NUMBERS, IN MY PURSE, SO READY TO GO.........
T; YOU ARE READY SO YOU DON’T GOTTA GET READY.....GOOD THING
C; THANK YOU ALL.........ADIEU
C; MORNING TONY
C; THANK YOU ALL, PAM YOU’RE MEAN AS ALL GET OUT............
T; YOU MUST KNOW PAM PERSONALLY LOL
C; DON’T WANT TO KNOW HER.........STAY UP THERE IN MICHIGAN OR CHICAGO OR WHEREVER LOL
C; THANK YOU ALL.............LET YOU GO
C; I APPRECIATE YOU, PATIENCE AMAZES ME......HELLO DC AND PAM........
T; NOT A GIFT I HAVE........I GET A LOT OF PRACTICE EVERY DAY WITH PAM
C; KEEP IT UP PAM.........GOTTA KEEP OUR MENFOLKS IN LINE.........EVERY GOOD MAN HAS A GREAT WOMAN BEHIND HIM
T; I HAVE 3 BEHIND ME SO...........LOL
C; CALLER LADY SAID ABOUT TYPING UP HER BANK NUMBERS AND ALL........I’M GONNA DO THE SAME THING
C; AM I ALLOWED TO SPEAK TO MY IMMEDIATE FAMILY WHO ALSO HAVE DINAR, ARE WE ALLOWED TO TALK ON THE PHONE TO EACH OTHER........OR IS THAT SOMETHING THAT HAS TO BE IN THE HOME OR......?
DC; IF THEY HAVE SIGNED SAME NDAS, YOURE GOOD.........NOT OUT IN PUBLIC BLABBING AND ALL.
C; TEXTING AND PHONING...................
DC; SURE........IF THEY ARE SAME NDAS
C; CAN I INCLUDE IT IN MY NDA
DC; YOU CAN DO IT WIHIN YOUR NDA........HOPEFULLY BE ABLE TO GET THE DIFFERENT ONES AND EXPLAIN THEM ON THE CALLS
T; NDA COVERS DINAR AND TRANSACTION........AFTERWARD YOU CAN TALK ABOUT ANYTHING YOU WANT........JUST NOT WHERE THE MONEY CAME FROM...........
C; I HAVEN’T TOLD A LOT OF PEOPLE ABOUT THIS SO I’LL HAVE ENEMIES. I USED TO WARN THEM ABOUT BANKS COLLAPSING AND MY FAMILY DIDN’T BELIEVE ME AND DIDN’T PREPARE AND LOST A LOT..........BUT, SO I DIDN’T TELL THEM ABOUT THIS CUZ THEY DIDN’T BELEIVE ME
DC; ITS GONNA BE EASY NOT TO TELL EVERYONE ABOUT THIS AFTER......HUMANS JUST NATURALLY, THERE’S REALLY NO NEED TO TALK ABOUT IT........SHOULD BE EASY
C; I’M GOING TO DO WATER WELLS AND MEDICAL SERVICES...........AND OF COURSE THE CHURCH
C; THANK YOU ALL
DC; THINKS LOOK PHENOMENALLY GOOD AND I’M EXCITED ABOUT THE NEXT STEP WE’RE ABOUT TO TAKE
PAM; THANKS TO MODS AND TRANSCRIBERS AND GOOSE WHO IS DOING THE WHOLE CALL
AND THE INTEL TEAM, OBVIOUSLY WOULD NOT BE HERE WITHOUT THEM
RAY; UMMMM SMOKEY ROBINSON SAYS IT ALL...REALLY GONNA MISS YOU LOL
TONY; FIRST I NEED TO APOLOGOIZE TO PAMS SISTER, SHE’S TIRED OF ME THROWING HER UNDER THE BUS, HOPEFULLY LAST TIME................LOL
PAM; WHAT ABOUT THE OTHER GUY................LOL
T; OTHER THAN THAT, DIFFERENT CALL TODAY........IF YOU UNDERSTAND WHAT WE’RE TALKING ABOUT, GAVE YOU EVERY HINT WE COULD, WAS HOPING TO GET A CALL WHILE ON THIS ONE BUT IT DIDN’T HAPPEN. IN A SUPERFANTASTIC SPOT, POSITION............ANY MOMENT LIFE COULD CHANGE
DC; LIKE THAT A LOT
T; RIGHT NOW YOU SHOULD BE THINKING ABOUT THIS......ANY MOMENT LIFE COULD CHANGE, ARE YOU READY, ARE YOU CALM, DO YOU HAVE A PLAN, I DON’T HAVE TO BE THE FIRST ONE, JUST WAIT TIL I’M CALM AND KNOW WHAT I’M TALKING ABOUT THEN CAN GO IN...........
ENJOY YOUR DAY
HOPING FOR ANOTHER CALL, LOOKING FORWARD TO IT.... IF NOT, I GUESS WE WILL HAVE IT WHEN THEY’RE READY
TALK TO YOU LATER
4-23-14 American Contractor: Article: "Iraq Central Bank invites JP Morgan Bank to open branch in Baghdad." The Iraq Central Bank has sent an invitation to the JP Morgan Bank to open a branch in Baghdad. This is preliminary and we will see what develops. Great News!! Comment
4-23-14 EXOGEN: IMHO WHEN THE ANNOUNCEMENT TAKES PLACE, IT WILL BE IN LANGUAGE THAT MOST WILL NOT UNDERSTAND ANYWAY.
WORDING EXAMPLE: RESTRUCTURE OF THE GLOBAL FINANCIAL ARCHITECTURE & INFRASTRUCTURE MECHANISMS, FOR ENHANCED MONETIZATION AND SECURITIZATION, VIA STRATEGIC MECHANISMS FOCUSED ON ASSET BACKED CURRENCIES TO PROVIDE MARKET STABILITY & MEET GLOBAL OBJECTIVES FOR TRANSPARENCY & RISK MITIGATION OBJECTIVES IN CONJUNCTION WITH EM'S AND NEW SDR INTEGRATION MEASURES AND PROCEDURES TO ELIMINATE GLOBAL INCOME INEQUALITY, AND STABILIZE CENTRAL BANK LIQUIDITY CONCERNS & COMBAT GLOBAL TERRORISM VIA ILLEGAL FOREIGN CURRENCY MANIPULATION. THESE NEW ADMINISTRATIVE MEASURES IN CONJUNCTION WITH VOLCKER RULE, AND DODD FRANK PROVISIONS, WILL ENHANCE BANK ACCOUNTABILITY & TRANSPARENCY, SO FINANCIAL INSTITUTIONS MEET STRESS TEST AGENDA, AND NEW BASEL REQUIREMENTS AND STANDARDS AND ACCOUNTABILITY ENHANCEMENTS. Comment
4-23-14 TNT TONY TWEET: That call was special. I said exactly what you wanted to hear; you just didn’t pay attention. The day is not over! Comment
4-23-14 TNT DINAR CC: Good Morning TNT. The call will be on time. Ask DC whatever you want. Today will be a special day on TNT.
1 pm EDT / 12 pm CDT / 11 am MDT / 10 am PDT / 9 am AKDT / 7 am HADT
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4-23-14 TerryK: SO WHAT'S THIS RUMOR I HEAR WE MAY HAVE HAD A SIGN OFF LAST NIGHT...HAVE SOME CALLS INTO SOURCES. ONE IS TELLING ME THAT I NEED TO FUEL THE VEHICLE AND GET READY. Comment
4-23-14 Stryker: Stryker WebTV WEDNESDAY'S ROUNDTABLE DISCUSSIONS. STRYKER, MODS & PARTICIPATING MEMBERS ROUNDTABLE DISCUSSIONS.
- Erbil & Baghdad Deal
- Additional Frozen Assets Include $8 Billion in Property
- Money Transfer Directly with the CBI Includes Way More Than Just Western Union
- Budget Approval
- These and much much more tonight...
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If you are a member of Stryker Chit Chat Forums and would like to be a part of the roundtable please email us at info@StrykerBlog.com to get your Call In Information.
All other members or guest can watch us on the above webpage channel
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Stryker Blog - Comment
4-23-14 Iko Ward: WF info as of 04.22.04. Spoke to my wealth manager. I went in to set up my primary VNN and IQN accounts instead of waiting for the appointment. I asked her direct questions about the exchange. They have had meetings. They will only be doing retail level exchanges at our area currency exchangers (4 locations. I am NW of Philadelphia).
I will be passed on to the WF Private Banking subsidiary after my initial exchange. She knew nothing of contract rates. I will still have my everyday money at the local branch. She asked how much I had. I told her it was best not to answer. This was all she was allowed to say.
What was different this time is she was rehearsed, no hesitation, clearly there has been some training and since she is on the fast track in their wealth management division she was towing the line. She also told me the guy I had been dealing with on the next level up would tell me the exact same thing, and that he was being promoted.
I take all this as simple evidence of the pending event. All of us, me included, go through the worst case scenario, but conversations like this help me stay level headed.
Whatever bozo said something about two years this week pushed my buttons, but then I went down my checklist of how does that make sense? (a permanent saying now in my list of ten things to say) which always calms me down.
I still plan on the international rates, but have also planned scenarios for the contract rates. Whatever the case, I am wealthy. Comment
4-23-14 The I.Q.D. Team Connection: Straight Talkin' Mike, L.J., Diana & Debbie Investigate, Question & Deliver Tuesday, April 22, 2014.
Replay of Conference Call
or Call: 760-569-7699 / Pin: 769478#
4-23-14 Tlar: 8 days left until the parliamentary elections in Iraq. Maliki is still fighting to get a third term but all the blocks have basically turned their backs on him...He is extremely fearful of not being in some political position after the elections because if he is not, he loses his immunity. Maliki has stated that if he can't win the PM job for a third term that he will leave Iraq.
A poll taken recently that is supposed to be representative of the people of Iraq showed Maliki getting 11% of the vote. Maliki is finished in Iraq and if he does not escape the country, many are now stating he will end up being prosecuted.
Maliki made another run on the CBI. He attempted to use as his excuse salaries need to be covered and with the budget tied up they needed to borrow billions from the CBI to cover them. Turki again stood his ground based on the constitution, declaring the banks independence and the constitution obligation not to make loans to the government.
As Maliki slips in power Turki has grown in power. It is my belief that Turki is now educated in banking and is starting to act as a confident Governor and good things are finally at hand. Things look like they are finally falling into place. Comment
4-23-14 Jester: ALTHOUGH THE RUMORS ARE NOT FACTS ... AND WHAT WE HEAR IS NOT EXACT ... THERE IS SOME FEEDBACK THAT WE ARE ON THE RIGHT TRACK ... THINGS ARE MOVING THE RIGHT DIRECTION. Comment
4-23-14 Kaperoni: ...everything we have read indicates right after the elections. So I am looking forward to the CBI making a move shortly. Comment
4-23-14 Millionday: (Do you think the CBI already has a rate in the back of their heads?) Yes I think they have it already and it is not released. Comment
4-23-14 Iraq News Journal: Finance parliamentary reassure wary of raising money for the protection of the Iraqi.
Parliamentary Finance Committee reassured wary of raising U.S. protection for Iraqi funds deposited in the Development Fund for Iraq, while confirming that there is a settlement agreement approved by Parliament in 2011 to ensure the protection of those funds after the lifting of immunity.
Said committee member Abdul Hussein al-Yasiri: “There is a settlement agreement with the United States was approved by Parliament in 2011, to ensure Iraq after the UN mandate for the continued U.S. protection of Iraqi funds in the Development Fund for Iraq.”
He ruled Yasiri what was said about that the money will go to creditors after the lifting of immunity, asserting that U.S. President Barack Obama issued a decision in the protection of Iraq’s reserves of all banks in the world and of the Central Bank of Iraq. Comment
4-22-14 TNT TONY: The clock is ticking and this nightmare is coming to an end. I told you it was a superfantastic weekend. You will soon see! I'm looking forward to tomorrow's call and you should too (If not sooner). Comment
4-22-14 FRANK26: IQD CONFERENCE CALL (Notes by BullDogFord65):
• Frank introduced Nova, and for the first time, Frank is opening up a call to financial discussion with Nova as he is a licensed financial consultant
• Frank said that the CBI is revealing more and more each day, they cannot keep the MR hidden
• Nova came on the call at this point and began with explaining what the BIS and IMF have been doing and that they can no longer hide what they are doing; while in Nova’s opinion, none of the things that we are seeing speak to the rate being released “tomorrow,” but in his opinion, it certainly speaks to something happening; yesterday they took another big step in Nova’s opinion
• Nova said that the job of central banks is to control the monetary system, working through very large banks; these very large banks then work with medium and small banks; central banks do not work directly with small, local banks, or even medium-sized banks
• Yesterday the CBI made a statement, and really the statement came from the board of directors or board of governors – this is very significant, these are very powerful men; because these directors or governors do not release statements or speak to the media, the fact that they are speaking is extremely noteworthy; Turki reports to the board of directors, they are his boss
• The statement made by the CBI board was that banks around the world will be able to do business directly with the CBI – this includes medium and small banks globally
• Currently, the only way for large banks to participate in business with the CBI now is through the auctions; with this announcement, the CBI is saying they will now do business globally with medium and small banks; in fact, the CBI has to create additional bylaws to do business with these medium and small banks, it is a real pain to do this; the reason the board gave is that they are doing this for “special situations” – what is the special situation? Central banks are open 24/7, 365 days – there are no special situations – unless it is what we are all waiting for, in Nova’s opinion, an international rate
• Nova stated that not everyone in Iraq will buy bonds or gold, so what other special circumstances could there be, other than a new rate? This is also another way for the CBI to control the MR and pull in 3 zero notes – with all banks dealing directly with the CBI, they can directly gather in the 3 zero notes; Nova said he expected to see “cartwheels” being done on the forum due to this announcement
• Memphis agreed with what Nova said and commented that in his opinion, the CBI does not really wish to do business with third party banks, it creates much more work for them, however it makes perfect sense that they will do this to have control over the process and also to hoard currency, the 25K notes and other currency
• Nova is convinced, in his opinion, that this move is also done right at the very end of the MR, in Nova’s opinion, it’s not something that is done if there is a long time to go before the rate is released, it’s one of the very last things that they will implement before the rate is released because it’s not easy for the CBI to do, it’s a pain to deal with all of these banks, so in his opinion, this item would be one of the final steps before the rate is released; Memphis concurs
• Nova said to illustrate how big this is: in the USA, you cannot charter a bank to have a direct line to the Federal Reserve, the only way to have a direct line to the FedRes is to buy a bank that already has a charter with the FedRes – this is how much central banks do not want to do business with third parties, and again why, in Nova’s opinion, it is so significant what the CBI has done to open up to do business with any bank
• Frank asked the family to look on page 1 of today’s thread on the forum, Walkingstick has put together all of the articles to which Nova has referred; read and study them
• Frank also observed that by the CBI announcing they will do business with banks around the world – this is international
• Frank commented that for the past 2 years, the Iraqi citizens have been hoarding the 25K notes, they have created their own system of handling transactions and money, using the USD – in Frank’s opinion, all has been set up to very smoothly pull in the 3 zero notes from those going to exchange; the Iraqi citizens will exchange their 3 zero notes for LD’s and coins; this has set up a smooth transition
• Nova agreed with Frank, if a smaller bank exchanges the 3 zero notes and has to go to a larger bank for their exchange, why would the larger bank turn in the 3 zero notes to the CBI? They would not, they would hoard it and strengthen their balance sheet; by Sunday’s announcement, the CBI is going around the middle man and allowing the smaller third party banks to deal directly with them, to gather the 3 zero notes more efficiently
• Frank said in his opinion, this is all about control
• Frank gave a report from Delta: he asked us to recall the language law regarding adding Kurdish to the notes; Delta reported to Frank that once again the language law news is back on Iraqia TV, for the first time since February – again, timing; there has been nothing about the language law since February, and now it’s back in the news
• In Frank’s opinion, the CBI is pulling in as many 3 zero notes as possible by using all banks globally, but whatever notes they do not pull in will, in Frank’s opinion, co-exist, but they will not be found on the streets of Iraq
• Frank invited the family to look at the CBI website – look at what banks and investment companies are listed on the CBI website, you will see banks and investment companies in Michigan as the state with the highest Iraqi population is Michigan; one example is Al-Taif Money Transfer Exchange Co.; there are 33 investment companies that represent the CBI around the world, they are licensed with the CBI and give confidence to all doing business with them. Frank opened the line to questions.
• Question: should we leverage the IQD to other currencies?
Nova will not speak to a certain currency, however the CBI and other central banks are balancing their assets with other currencies, but the leverage comes from the purchasing power – finding places where you can deposit IQD as IQD (rather than exchanging into another currency) should preserve the purchasing power; try to mirror what other major financial institutions are doing
• Question: how to diversify? Nova replied first look at your lifestyle, what do you want to do, where do you want to be?
Where you are and where you want to be will drive much of the diversification; how actively do you want to manage? Once you start to identify these things, begin to hedge your assets and plan what will the strategy be if the investment does not yield what is expected? Also, be sure to look at legacy planning, how to protect and preserve your assets for future generations, or to pass along to organizations, etc.
• Question: regarding LLC’s and revocable/non-revocable trusts, what is Nova’s opinion?
We don’t want to avoid payment of necessary taxes, want to be ethical and above-board in all things, and also legally protect our assets; what are the best vehicles?
Nova commented about a TV interview of US Supreme Court Justice Rehnquist some time ago, and Justice Rehnquist said there are 2 tax codes in the USA – one for the informed, and one for the uninformed; every product or thing that we interact with every day is in some sort of entity like a partnership, LLC, etc; the tax codes were written for us to use the way they are written, we just need to work with the appropriate tax counselors to know what rules to apply and use the tools that are given to us in the tax code; Nova stated that in his personal situation, he has no credit card, no bank account, no property, no car, nothing in his own name, it is all owned by his trust or LLC; his LLC’s and trusts deal with managing his assets while he is living, and distributes them and carries forward his assets when he is no longer living; need to seek very good tax accountants and lawyers who know what states are the most favorable for assets, etc; for some trusts, we would need to be in the $100 million plus range for them to do for us what we desire, so the advice depends on the individual situation; all we have is from God, and we are accountable to be good stewards with what the Lord has blessed us, so seek out the best advisors and manage wisely
• Question: Is there anything Nova can offer on “Charitable Religious Trust”?
Nova has not heard of this – he has heard of a “Charitable Remainder Trust” but not a charitable religious trust.
Nova asked what is the caller trying to accomplish?
The caller said he has heard of a tax-neutral or tax advantageous trusts to give privacy and asset protection that churches, organizations and the wealthy use.
Nova replied that ultimately there is advantage to giving money away – the questions are about ownership and control; inside of a trust, you have control of the asset, but no ownership; in a charitable trust, the beneficiary is another person or an organization and applicable taxes apply; there is no such thing as a “tax neutral” trust, the amount of the tax break depends on the amount of money in the trust; again, having the right tax accountant is very important, and identifying what your goals are determine how to manage your assets.
• Question: In Nova’s opinion, will there be one RV or many RV’s with increasing rates?
In Nova’s opinion, we really need to see what the rate comes out at, if the first international rate is low, in Nova’s opinion we would see the rate increasing in a shorter period of time, and if the rate comes out high, then the rate would probably remain stable for a longer period of time, in his opinion.
• Question: What about irrevocable trust?
Nova: the key word is “irrevocable” so you’d better be sure – it is exactly what it says, you can give to a trust, but you cannot change your mind. They are useful tools, but you must be very sure.
There is something called “stacking” which is to compress taxes and create more layers of protection. An irrevocable trust does gives protection because you have given it away and it’s not yours anymore but because it’s permanent, you must be sure.
Nova advised that ultimately, we do not need to become financial advisors ourselves, we need to become good interviewers and start asking “who do you trust, and why?” “do they listen to you?”
Instead of being bogged down in the mechanics of how a trust works, focus on interviewing to find the right tax accountants and attorneys to set up the right vehicles based on your needs, wishes and desires.
• Question: Regarding the CBI working with all banks globally, is this a way to hold down the value of the dinar?
Nova asked why? How does that benefit the CBI? How does it benefit Iraq to keep the value low?
If the dinar value is low, Iraq has to pay more for all goods and services – if the IQD increases in value, they have more purchasing power versus the dollar. There is no reason why the CBI would want to keep the rate low.
• Question: Is there a bank (in the USA) where the IQD can be deposited as IQD?
Nova said that we would need to go to a major law firm that either has offices outside of the USA or a relationship with another law firm outside of the USA, then create an entity in that country and opens a bank account for that entity, then we would need to fly to that location and deposit the IQD as IQD.
Nova said there is no bank in the USA that will deposit IQD without first exchanging to USD.
Nova gave an example, Apple has over 90% of their money held in other jurisdictions around the world as the tax consequences in the USA are too cumbersome; this is a legal means of managing wealth if you have sufficient dinar.
• Question: The caller is older in age and wants Nova’s opinion about single and dual life annuities?
Nova asked why is he doing this? Caller replied income stream.
Nova replied that interest is very low, and very possibly the caller is leaving income on the table; there may be much better investment vehicles.
Caller asked about foreign annuities; Nova replied that it depends on who is the insurance company, and what if the dollar does devalue? There might be better cash management techniques, for example a cash management account.
• Question: If our money is deposited in a bank, can they take it, even up to 40%?
Nova answered yes, the way the laws have been rewritten, yes, it is a possibility.
Should we live in fear of it? No, but we should prepare for it with our attorney and accountant. In Nova’s opinion, a Cypress-style event is in our future, so we need to prepare appropriately.
• Question: Caller received an email warning that in the future, banks could confiscate our money, is there any truth to it?
Nova replied that for the first time in the history of banking, our bank deposits are considered a liability, and our deposits are the first thing that can be taken.
Many people want to create fear, however, a bail-in absolutely can happen (Cypress-style confiscation of deposits).
However, if you have a cash management account with an investment firm, that money is no longer in a bank and is not subject to bail-ins. Going forward, you want to position your cash in places that avoid a bail-in.
In Nova’s opinion, keep as little in bank accounts as possible, and work with your tax and accounting professionals to find other vehicles for your money that offer protection.
• Question: Caller used the example of giving $100,000 to a church; is it better to cash in the IQD, pay taxes and donate the remainder, or to give the church the dinar?
Nova replied that if you give the church the dinar, you can claim $100,000 as charitable donation and use it to offset your income made when exchanging dinar for your own use.
• Question: Setting up international accounts, can you work with a brokerage house?
Nova replied the key is you must physically go outside of the USA to deposit the money.
The problem with many of the Swiss accounts started because they set up a Swiss account in the USA and the deposit was made in the office in the USA, the account holder did not travel to Switzerland to make the deposit.
• Question: What would Nova consider an appropriate amount of dinar in order to go outside of the USA to set up an account?
Nova replied that is really an individual question on what you are trying to accomplish, and also considering the expense of doing it: hiring the law firms, setting up the international entity, paying for a private flight, having the bank, lawyers and customs meet you at the destination as you do not take that kind of cash on a commercial flight or thru the TSA, complying with FACTA; it needs to be “real money.”
• Question: How much cash can you travel with?
Nova said anything can be done within the law. Nova’s opinion is that he would never, ever go thru the TSA with dinar, in his opinion they will confiscate it and never get it back. Beware of taking a cruise, you deal with Customs. Nova’s advice is hire the right lawyers and accountants and then anything is possible.
• Frank thanked Nova for his patience in answering questions for an hour, and the take away is that we need to get our teams together, and in Frank’s opinion the time is growing short with all that the CBI is telling us
• Memphis observed that there are a lot of questions being asked on the forum about what to do to preserve our assets after the RV, and it’s so important to follow up with the appropriate advisors to tailor a plan to your specific needs and situation.
• Frank summarized that the CBI has done something remarkable by announcing they will do business with all banks and some investment companies globally; this is a pattern break for, in their words, a “special situation”; it is obvious this is about the MR; no one knows the date or rate, but in Frank’s opinion, he is convinced we are close and the rate will be released in this year, in his opinion.
4-22-14 Camdoc: Intel from a Canadian Bonds Trader Who Deals Directly with the Royal Family. News: As of 2 hours ago at 4PM, the RV was signed off on, and is now 100% - in 10 more hours at 12PM GMT, it will be announced globally. This is a personal contact of mine, but you have also seen this person on Recaps many times. Comment
4-22-14 Stryker: TRANSFER OF CURRENCY IN AND OUT OF IRAQ. DESPITE WESTERN UNION'S ADVERTISING NO ONE CAN WIRE OR TRANSFER MONEY IN OR OUT OF IRAQ YET....
THIS UPDATE COMES TO US FROM A CURRENCY TRANSFER COMPANY THAT CHECK DIRECTLY WITH CONTACTS AT WESTERN UNION THAT WE CAN'T ACCESS OURSELVES.
WE WILL KEEP EVERYONE INFORMED ON THIS...
Iraq is making moves to go international AND THAT MEANS THAT THEY MUST HAVE A CONVERTIBLE CURRENCY but they are not there yet, as soon as they are we should see the change come quickly...
We will keep all members informed.
FYI, OUR STRYKER EMAIL SERVICE IS ONLY SENDING OUT TO ABOUT HALF OUR MEMBERS BUT THEY ARE WORKING ON SOLVING THIS ISSUE WITHIN 24 HOURS.
PLEASE TRY TO SEND THIS TO EVERYONE YOU KNOW AND LISTING IT WHERE EVER YOU CAN.
Thank you. Stryker Blog – Comment
4-22-14 Sprint33: This is what my significant Wells Branch Manager V/P did with me. He talked OPENLY in front of his tellers about simply coming in after the RV is announced. The tellers on that meeting were obviously well briefed. He also said to bring in my friends who have currency after I asked about that. Comment
4-22-14 EXOGEN: (*)DIRECT REALITY (BANK) INTEL 4: 31 PM EST.
Just met with a bank VP for 2 hours today and they discussed the following:
1. IQD Exchange Procedures
2. How the IQD will be Verified
3. How They Count the IQD
4. Offsite Exchange Locations
5. New De La Ru Machines Ordered
6. Non Interest Bearing Accounts
7. Was Provided Overview Of The Wealth Management Bank Components
8. Received List Of Branches That Will Be Participating In The CE
9. Received Explanation As To How & Why All Branches Are Not Foreign Exchange Centers & Locations
10. Received Demonstration Of The Existing Currency Validation Processes
11. Met With The Wealth Management Liasons
12. Received Detailed Explanation Of How Initial Exchange Account Will Function
13. VND Exchange Procedures
14. Internal Bank Exchange Logistics
15. Explanation Of Where The Currency Goes Once Exchange Is Completed
16. Received all Exchange Information and will not need a 1-800 Number
17. Received Explanation Of Exchange Process For NON Customers versus EXISTING Customers
AND MUCH MUCH MORE................................
1. NO BANK ACCOUNT WAS REQUIRED TO BE OPENED TODAY
2. HAVE NEVER DONE BUSINESS WITH THIS BANK
3. DO NOT HAVE A BANK ACCOUNT AT THIS BANK
4. NOT (1) TIME WAS QUESTION ASKED HOW MUCH CURRENCY DO YOU HOLD
5. NOT (1) TIME WAS QUESTION ASKED HOW MUCH WILL YOU BE LOOKING TO DEPOSIT IN OUR BANK
6. THE MEETING WAS A RANDOM WALK IN BANK MEETING & NOT PLANNED OR SCHEDULED
4-22-14 Dinar Daddy: I’ve been hearing some extremely positive information about Iraq lately. I have NO WAY of being able to verify this information, so take it for what it is; nothing more than me sharing what I’ve heard.
Maliki (Iraq), IMF, US Administration (Obama and backers)… all on SAME page for the first time.
100% political… NOT something we can rationalize or explain away or even make sense of (man-made event, not a natural occurrence).
Will happen similar to Kuwait where the rate will just APPEAR without fanfare or announcement.
Rate is agreed upon by US Administration (more than what they want us to have, but willing to accept due to inability to continue to support Iraq (Obama won’t be able to get Congress to agree to send more money into Iraq while his administration is still unable to pay for Obamacare).
Watch for something to happen as soon as BEFORE Iraqi elections (April 30th).
Maliki needs to increase value of IQD in order to be supported by his party to be placed as Prime Minister once again.
Iraqi Dinar bank notes are extremely limited in Iraqi Banks and within the country, which has been verified by more than one credible source, so even if our US administration finds a way to filter large sums of USD to Iraq (to side-step Iraq’s currency going international… “RV”), which would only keep Iraq internationally stagnant, Iraq would still have to coax outside countries who hold Iraq Dinars to sell the currency back to them so they can increase their in-country money supply. This step would counter their last 3-4 years’ worth of removing their bank notes from their money supply.
I am being told there will be NO NEED TO RUSH to cash-in! Apparently there will be a FIXED RATE for 6-8 months.
This is a VERY FLUID, politically charged situation.
This was shared with me. If it was written by someone else, I’d place it in the Rumors section of my site. Because I’m Dinar Daddy, I have my own Tidbits section, so I’ll place it there. Again, I have no way of validating any of it, but I’m definitely getting excited! Comment
4-22-14 tlm724: Article: "Central Bank of Iraq declared that it granted approval to the companies of money transfer to open accounts directly in the Bank." Not only is this a way for the CBI to control spread of the market price thus creating the stability that is required of them by the IMF but it also allows them bring in the triple zero notes. By allowing the traders to participate in the auctions the CBI has complete control.
The CBI already has control over the banks dinar now they will have the traders dinar as well. Think about it what a brilliant plan! Having the dollar out on the street will not be an issue when it RV's or whatever the CBI intends to do because the people can just trade in their dollars for the newly issued dinar (LD's) when it is released. I think Turki is more than smart...he is a chess player and he is making his move, checkmate! Comment
4-22-14 ZAP: HI ALL…..THE PURPLE PIGS HAVE TAKEN OFF IN A BIG WAY…OFFICIALLY.
THE RV THAT CAME MONDAY (THE QUIET ONE, NOT THE PUBLIC ONE) FOLLOWED THE IMF’S SATURDAY PLEDGES THAT “The 188-nation International Monetary Fund concluded talks Saturday with pledges to work toward faster growth that will alleviate still-high unemployment. Managing Director Christine Lagarde told reporters that the world had gone through a lengthy economic "disaster" and now was moving through a period of strengthening growth.”
AS I SAID, THE RESET IS HERE.
LAST THURSDAY, THE BIS (BANK OF INTERNATIONAL SETTLEMENT) MADE THE FIRST PAYMENT OF FUNDS TO GOVERNMENTS AND ORGANIZATIONS.
ON FRIDAY, THE USA SIGNED INTO EFFECT THE ENTRY OF THE NEW UNITED STATES DOLLAR, THE TRN (THE TREASURY RESERVE NOTE BACKED BY GOLD ACCORDING TO THE BASEL III REGULATIONS COMPLIANCE).
THE MAJOR TRANSACTIONS WERE EFFECTED ON SATURDAY. THIS CONTINUED MONDAY AND WILL CONTINUE THIS WEEK WHILE THE NEW SYSTEM IS LEARNED.
THE TRN WAS IN LIMITED CIRCULATION IN SELECT BANKS AND REGIONS ON MONDAY.
THE FUNDS ARE MOVING DOWN THE VARIOUS LEVELS, AND ARE BEING SENT BY THE PAYMASTERS TO PAY ON VARIOUS TRANSACTIONS.
HONG KONG IS AHEAD IN THIS PROCESS BECAUSE THEY DO NOT RELY ON THE ISSUANCE OF TRN AND THEY CAN STILL WORK IN USD. HOWEVER PLATFORMS MUST WAIT FOR THEIR CONVERSION TO TRN. THE BANKING SYSTEM NEEDS A WEEK TO FIT THE NEW SYSTEM TO BE EFFICIENT AND MEET ALL THE BASEL III AGREEMENTS AND REQUIREMENTS.
IN THE FUTURE, ALL TRANSACTIONS MUST BE APPROVED IN COMPLIANCE TO BASEL III PROTOCOLS BY AN OFFICIAL THAT WILL VERIFY IT, AND MAKE THE APPROPRIATE ADJUSTMENTS TO BE IN COMPLIANCE TO THE REGULATIONS. SELECTED PLATFORMS WILL HAVE A FULL TIME (BASEL III) COMPLIANCE OFFICER ASSIGNED TO THEM FOR THIS PURPOSE.
PAYMENTS SCHEDULED FOR COMPLETED AND SELECTED NEW TRANSACTIONS WILL BE MADE, WITH THE MAJORITY OF SUCH WIRE TRANSFERS TO BE EFFECTED AFTER THE EASTER HOLIDAYS.
IT IS EXPECTED THAT THE RV AND GLOBAL RESET WILL BE ANNOUNCED THIS MONTH, AND A TENTATIVE DATE OF APRIL 22 HAS BEEN MARKED FOR THE PUBLIC ANNOUNCEMENT.
FIRMER KNOWLEDGE OF THIS EVENT WILL BE FORTHCOMING SOON AS PROGRESS IS MADE.
THE RELEASE OF THE GLOBAL MATRIX FUNDS FOR OUR HUMANITY BY THE CHINESE FAMILY ARE SCHEDULED FOR AROUND THE SAME TIME, OR SHORTLY AFTER. THIS RELEASE IS MASSIVE AS EXPECTED, AND WILL FUEL THE RECONSTRUCTION PROJECTS FOR DECADES.
THE HERITAGE ACCOUNTS FROM WHERE THE FUNDS ARE ORIGINATING FROM ARE BEING OPENED AND RESOLVED. THESE ACCOUNTS REQUIRE A SPECIAL SETTLEMENT PROCESS, AND MANY HAVE ALREADY BEEN DONE, WITH MANY MORE SCHEDULED. ALL SUCH ACCOUNTS NOT SETTLED BY THE ANNOUNCEMENT DATE WILL BE CLOSED AND MADE UNUSABLE.
REGARDLESS OF THE FUNDS BROUGHT FORWARD INTO THE ECONOMIES THROUGH THE BOND SETTLEMENT PROCESS, THE GLOBAL MATRIX FUNDS ARE THE KEY TO THE RECONSTRUCTION PROJECTS, AND ARE FAR GREATER THAN THE TOTAL SUM OF ALL BOND SETTLEMENTS.
THIS RELEASE WILL BE WELL DOCUMENTED AND A FORMAL CEREMONY WILL TAKE PLACE WITH THE SIGNING OF THE AGREEMENTS. THE DATE AND LOCATION OF THIS CEREMONY IS SECRET AT THE MOMENT, AND WE WILL POST THIS INFORMATION IF ALLOWED.
THE NET RESULT OF ALL THE ACTIVITIES REGARDING THE RV, GLOBAL RESET, THE TRN AND OTHER IMPORTANT ITEMS ON THE GLOBAL "TO-DO" LIST WILL HAVE OUR HUMANITY BREATHING AGAIN, AND IS THE CULMINATION OF HUNDREDS OF YEARS OF PREPARATION.
THIS IS OFTEN TIMES CALLED THE "DIVINE PLAN" FOR HUMANITY, AND IS DOCUMENTED IN THE FAMILY RECORDS DATING BACK THESE HUNDREDS OF YEARS. THESE RECORDS ARE SOMETIMES REFERRED TO AS THE PROPHECIES.
THUS FAR, THE PROPHECIES WE HAVE BEEN APPRISED OF BEFORE THE EVENT OCCURRED OVER THE LAST DECADE HAVE ALL COME TO PASS ACCURATELY, SO WE HAVE GOOD CONFIDENCE IN THE EVENTS IN THE NEXT WEEKS THAT ARE TO UNFOLD. Comment
4-22-14 BGG: The NEXT DINAR Talk INFO Call w/ BGG and Mr White - Apr 22nd @ 8:30 PM CST.
4-22-14 Millionday: Article: "Central Bank of Iraq declared that it granted approval to the companies of money transfer to open accounts directly in the Bank." ...this is announced as a step to set the international rates permanently but let me explain what they mean...at the airport when you arrive on an international trip -- you give the exchange place your usd and get whatever their currency is --- that company needs to give you their currency and also make drops of their funds at night as a regular business -- so...
They have announced that the companies that will be doing the exchange in Iraq will be able to exchange for dinar or dollar -- the national currency is dinar -- period -- per regulation but - they have huge projects going on -- and the usd is the world currency...now they are also going to be able to take part in the auctions -- in other words -- the dinar will have to have a reality rate for this when it is done -- that shows another step and these are by far HUGE steps that are very clear. Comment
4-22-14 Hub: I don’t pay much attention to the rumors or news articles. I just know the dinar has been a valued currency for hundreds of years and will do so again...very quickly I think. Comment
4-22-14 DC (From Monday's TNT DINAR CC): You definitely should be in a very, very happy mood. We are in a great place today. Our understanding is we don’t need that much time to exchange ... most will be done in 7-10 days. This needs to get done while the politicians who make the deal are still in place. It's important it gets done before the elections.
We know the banks are well rehearsed and prepared. The UST is prepared. All have their acts together.
We can't get into anything on rates...expect 3 dollars and anything more than that is gravy ... the rates are fabulous ... that’s all I can say ... Everyone will not get the highest rate.
It will be a nightmare if it doesn’t happen extremely soon. We are really close. Everything is very good… sit back and smile. Comment
4-22-14 wmawhite: I...believe that because all of this is a critical timed process...we never heard of any news in advance. What we are told about, even the gold buys, are after the fact. It makes sense, they cannot, will not, tell the world before it happens. Comment
4-22-14 The I.Q.D. Team Connection: Straight Talkin Mike, LJ, Diana & Debbie Investigate, Question, Deliver Conference Call - Tuesday, April 22, 2014 @ 8 PM EDT.
Join us tonight as we continue our mission to Investigate, Question & Deliver the "Straight Talk" "CONNECTING ALL THE PIECES" with all the UP TO THE MINUTE IRAQ NEWS related to Iraq, Dinar & the RV...Pre & Post RV...Followed by Live Q&A.
Call in Number: 760-569-7676, Pin 769478# or
Back Up: 760-569-7676, Pin 712222# (listen only)
The "STRAIGHT TALK EXPRESS" Rolls Along again TONIGHT WITH THE NEWS FROM IRAQ ... 8 PM EDT. Comment
4-22-14 moneytalks1: Hi Frank, Nova and Delta… IMO The process of the MR is almost done but will not be completed until the CBI receives our 3 zeroes. I think that is the best and most simple way of explaining where we stand. If you will, the collection of the larger notes may never be completed but, as far as we are concerned, who cares. IMO, the process is 99.9% completed. IMO, the CBI together with the AOP (Authors of the Plan) already have a target date and rate. The whole world will be privy to that knowledge when they feel deemed fit. Again-IMO, sooner than we think. Lastly, their checklist for the MR is at the end of their rope. Comment
4-22-14 Kaperoni: Someone asked me how long does the CBI have to hold that 2% spread until the IMF will let them leave to Article VIII? I do not know that answer...it could be days or months. I did see once, that the IMF did require that a country hold for 90 days but keep in mind, the CBI has held the dinar stable at 1222 for 3 months already and 1218 for the last week...so they may allow the CBI to transition out of Article XIV to Article VIII in short order..we will just have to wait and see. Once they are in compliance. So many rumors are going around that these article have something to do with dinar dealers in the US etc. It does not...what the CBI stated today [Monday]...is only in Iraq. Comment
4-22-14 Aggiedad77: Article: "Central agrees to open accounts directly for money transfer companies" Again...another article that announces the ability of money transfer companies to open accounts directly with the CBI to participate in foreign currency auctions...bringing further stabilization to the exchange rate. Comment
4-22-14 Tomorrow's Press / BAGHDAD: The governor of the Iraqi Central Bank and the Agency Abdel Basset Turki, on Tuesday, that the bank had invited his counterpart, "JP Morgan" the U.S. to open a branch in the country, while noting that the opening of the banks will facilitate transfers of financial and opens credit banking reliable global by the citizens.
He said Turkish for "tomorrow's Press," that "there are major banks opened offices in Baghdad and there are requests to open new branches inevitably to the Department of Central Bank of Iraq," noting that "Citigroup Bank of America is the first banking group to open an office in Baghdad."He added that "the central bank extended an invitation to JPMorgan the U.S. presence in Iraq by opening branches in Baghdad and the provinces," stressing that "the opening of such major banks branches in the country will facilitate transfers of financial and opens credits global banking reliable by the citizens." .The United States of American States, which has good relations with Iraq, which has a joint cooperation in the agricultural and commercial sectors. Article Link – Comment
4-21-14 TNT TONY CC:
Replay 805.399.1500, PIN CODE 409029#
Tony: Good morning, TNT. Man, we are glad to be here with you guys today. Today is April the 21st, it’s another great day. Let me take everybody off hold so they can hear me instead of music. And now we’re ready to go. So, they missed that first part, DC, because the guys on this side were still on hold listening to music, but the other side heard it. They’ll know. Unfortunately these are the guys that ask the questions though, so they didn’t hear it. Anyway, we’ll go on.
Okay, guys, it’s a great day, it’s a Monday. Hope everybody enjoyed their Easter, I surely enjoyed mine. I did send out a tweet saying it was a super fantastic weekend, it was a great weekend. We in fact did know things that other people didn’t know, feel good about the weekend, this week. Those things have simply progressed to a great point in our life, where we’re at. Negotiations were going on and somehow people came to the table, maybe it was a Sunday thing, Monday thing, I don’t know because everybody decided to play nice and say, “Let’s go on because we got other things we could be doing in our life.” So, this call is going to be real simple. You know what? I’m going to let you guys ask the questions, I’m going to try to give out the best answer that we can. I did tell DC that you guys can ask him anything, so I’m restricted with what I say but you can ask him anything! [laughter]
All right? So… but, man, I’m happy. I’m ecstatic. I think you guys should be. We did know… and I got some texts and calls that someone had put out some things that you guys should be concerned about, worried about, fearful. You know, there is a couple of things that are going on and people are mixing apples and oranges and not because they want to but because they don’t know any better, because they’re not getting the full definition of each conversation and meeting and they’re piecing it together and causing some of you to panic when there is absolutely no reason to panic anywhere that I can see. So, we’ll go with some notifications that people expect to see today or want to see with the exchangers, banks, that kind of thing. I don’t want to say that people just purposely put it out there as fear. I want to say they don’t understand the reason that they would be doing what they were doing. And if they did, they would have put it out there with excitement and not fear. Is that fair to say, DC?
DC: I think that’s a great way to put that, a great way.
T: Okay. There we go. We’ll see if the question will come up. Do you want to make a statement before we get started?
DC: Sure. Guys, we are really close, life looks incredibly good. And they are really… everybody is extremely excited. A lot of people are on lockdown all over the world and that is a very good thing for us.
T: So, I’m going to say one more thing before we get into it because it’s a great analogy, everybody understands it. We’ve been in and on the half inch line. WE’ve been at a prolonged time out, trying to decide the best run. We’re coming in from the sideline, we’re in the huddle, and what’s next? Just run the play, right?
DC: That’s it.
T: Okay. Just want to put that out there. All right here we go.
732 caller: I’m here, Tony.
T: How are you this morning?
C: I was hoping to be super extra fantastic today. With all the good the good info coming in, I thought I would be in line at the bank today.
T: The day is not over.
C: I don’t know, Tony. I’ve been listening to you faithfully for a while now, I just don’t know. Remember when I told you – when the politician is lying? When his lips are moving. You might remember from last week. (T: I remember that.) And you chuckled. So, everything is all set and ready to go… I think they’re playing us. As Thomas Jefferson once said, the government should be aware of what the people can do, not what the government can do. I think they’re playing us.
T: We are the people. It’s us against the world. I don’t. But, this is what I said so you guys can hear, I said you can ask DC anything you want today, not me. [laughter]
C: I’m frustrated to the level where they’re playing us, DC. I got a feeling they’re playing us.
DC: I would say…depends on your definition of “play.” I honestly… for the most part, if we play nice and don’t do anything stupid, then we’re not really in their sphere of what they think about on a daily basis. Are they purposely doing it to do something to you? No. What they’re highly worried about are stupid actions by folks and causing issues that ended up coming on the radar. In the grand scheme of thing we’re not that important in this thing as we’ve talked about so many times before. When we did “we the people,” that was very much of help. A lot of wrongs are righted, a lot of things cleaned up, which is nice. But now, we’ve gone back on their backburner while they’re figuring out other issues. So, you know, is it fun to be in this seat? No. Is there a much better place than we have been in the past? Absolutely. And I think we will be treated fair.
T: Not only being treated fair -- because we don’t see anything that’s not – we’re not that important anymore in the decision-making because it’s done, but we are in the roll-out, and that’s what’s being worked, I think, okay? How to best do it so you can have an enjoyable experience and for all of us, I think.
C: Basically, we’re on a wait mode, to sit and wait until they decide to roll it out.
DC: Pretty much.
T: Yeah, it’s a good thing.
C: Is it in Christine Lagarde’s hands, DC?
DC: Actually, we’ve moved beyond that stage now.
T: Okay, gotta go. He got too close. All right. [laughter]
903 caller: Hey, Tony. I was reading on Dinar Guru that Gen64 group already cashed in, is that correct?
T: Not that I know of.
DC: Never heard of it.
C: So, I thought today was going to be a super fantastic day.
T: It is a super fantastic day. (DC: It is.) It was a super fantastic weekend. I mean, a lot of things got accomplished that you guys might not know until Thursday or Friday, or like I told you on the last call, history will tell you. It was. And today is not over, guys, we’re early in the morning. It’s Monday on this week. We’ll definitely see something in this week. So, don’t… There’s no reason -- I’m going to say this – for anybody to be negative at this moment. Is that right, DC? Is there any reason?
DC: No. Everybody should be pretty happy, very, very happy where we’re at. Everybody should work on their 10 steps and their progress on how they’re going to handle themselves and research about investment and things, and maybe even dream a little about the car or house or something like that. But, definitely should be in a very, very happy mood.
C: I’ve been in this since 2010, but it just seems like they’re just holding out, holding out, and holding out.
T: Well, I’ve been in this since 2010, as some others people have, some since 2001, and they’re all feeling the same thing. But one thing about it is we know sooner and later it’s going to end. It’s not like it can go on forever. We know all the other things that have been discussed – WTO, the political situation over there, the passing of the budget, the GOI, all the things we’re seeing. We know that they told their people April the 1st this thing would be done. We know they came back and told them the 14th it would be done, we know the elections are going on at this moment, how critical it is at this moment. I mean, we put all the pieces together, it’s only very few steps that can be taken till the end. Even if we said if it was 4, or 1 or 2, you got to know by now this is where we’re really at. I mean, there are too many things are happening around the currency, the currency reform. I mean, the DFI funds have been released. There are too many positive things for you guys to be concerned that this could go on forever when it clearly can’t.
C: Well, you know, back in November last year, everything was being said, it’s a done deal, we’ll have it for Christmas. Now, it’s almost May and we’re still waiting. You know, it seems like they would … if they meant for it to happen that they would give it.
T: Again, you guys should follow the calls. We’ve explained November through April so many times, of what things were going on, why it didn’t happen, changes were made, over and over again what brought us here today. We’ve explained as April the 1st didn’t happen, what was done was for our best interest as a country, as an economy, and looking out for our future. So, we’re telling you guys all along the way what was changing, who was changing it, and how it benefitted us as a nation, a country, and a globe for our economy, not as dinarians who just want their money right now. This is bigger than us. We weren’t supposed to be in it, and the part that did affect us directly that we could affect, we did that. So, you should be in a good spot today.
C: Well, I know that we were not supposed to be in it. I know it was for the money men, the Senate and the House and all of them, and they were going to leave the little man out, but they caught with their britches down. I know every time I go to the gas pump or I go to the grocery store, I see the big increase in everything and I know somebody is making money and I know it’s the big people. And there are so many of us little ones out here that’s been drafting (???), been keep pulling the straw thinking we’re going to get the little straws, the little straw is supposed to be the winner. But, it’s like somebody put those big straws in there and taking the little straws out. [laughter]
T: I understand. I understand your frustration, I really do. And that’s why we’re here telling you today, we think all that’s in the past. DC just clearly tell you when we were starting the call with the last guy… well, actually I saved him. He was in mid sentence. [laughter]
DC: I was going no further.
T: That’s right. Anyway… that’s it. we’re in a good place, okay?
C: We appreciate what you’re doing. Just our faith is in our government is getting thin and thin and thin.
T: I understand. Thank you, sir. 925, good morning.
925 caller: Say super duper fantastic if you hear me.
T: Super duper fantastic.
C: Oh my gosh. I can’t believe this. [laughter] I’ve been here before and when you called 925, I started talking and I realized it wasn’t me. Thank you, thank you. [expressing appreciation] I have a couple of yes-no question. Are we still supposed to have gone in and open an account at some of these banks already or is that something we can wait for now because of all the confusion?
T: Well, they prefer you have the account open so it’s something they don’t have to do, so it doesn’t take up the time.
C: So, do we have the time to do that, do you think, from the time we get the number to the time of our appointment to do that? Or should we go right now and open accounts if we haven’t already opened them in?
T: I prefer to be ready than have to get ready.
C: At one point recently you said you can make two calls if the money is in your partner’s name, if the money is just in my name, my partner can just come me to the bank and sign anything and all that, right? I don’t have to put anything in both our names?
T: You said you bought it together?
C: No, I bought it on my… from my checks and such, but it’s ours since we live in California everything we have is shared. I’m assuming…
T: Then, yeah. Go ahead together, it’s a joint account.
C: Excellent. Well, actually the account isn’t exactly joint.
T: Well, it will be if both of you signed it.
C: Okay. And then, non contract currency exchange at banks. Like, if we go in a just take the international rate, or taking an international rate on some of our dinar and dong, would that still have clauses as to what we can use and can’t use the money for in the future? I’m thinking specifically regarding what you said we cannot invest in any currency in the future, things you can’t do. Is that only the contract rate?
T: Well, this is where we need to put the statement out, first of all. Everything we’re giving right up to this is our opinion. We’re not giving legal advice or financial advice. Okay? Now, DC, answer the question. [laughter]
C: How many buses do you have, Tony, that you throw people under?
DC: I’m finding out. How many, I don’t know, but it’s a lot. Hope you’re doing well today. The bottom line is, how and who will be able to invest in future currency – it’s still up in the air. We don’t know if it’s going to be an accredited investor, which normally means you have over a million or segment over ten million dollars. Those are being dealt with right now. I don’t believe they have a straight answer on those. Because what they don’t want to do is have yet another couple of million people invest in currency xyz and make a gazillion dollars again. It’s definitely has gotten out of hand due to the time they’ve taken due to the fact that a lot of these very senior folks from both political parties who said, “This isn’t right for us senior political parties to profit from this without the normal folks,” so they started leaking information to different folks to get the information out. They do not want this to happen again like this. It’s been an absolute nightmare for them and they want to change the rules.
So, where they end up changing that is unknown. The one rule that they’re very much strongly in favor of right now is going to accredited investors only at minimum investable amount, either at least a million dollars or at least ten million dollars is what they’re thinking right now. The rules will get modified and changed here right after it goes around and then they will continue to modify and change those rules because they can, be it the FCC or Commodity Future CFTC, or whether it’d be the Treasury guys. They can modify and change the rules based on their own belief and their typical procedures. My point of rambling on is to give you that a lot of it is not solved, there is no one agency that has put it in black and white yet. Everything is kind of up in the air.
C: You had mentioned, DC, earlier that some countries are in lockdown and I’ve noticed that the CBI sites have changed, a number of countries no longer have an exchange value for this IQD. Is this what you were referring to as part of it?
DC: I think it’s a very interesting observation. [laughter]
C: Thank you very much, sir. I guess I’m supposed to move on from here.
DC: I think it would be a very good idea, but I think you nailed it on the head about something.
C: Sometimes ago, I thought there was something mentioned that at least the clawback is going to go through for people that were called up to go and purchase dinar quickly and go cash it in or is that all just muddled…
DC: There have been… An equitable arrangement has been made. Most of the wrongs that we were complaining about and the Twitter campaign made a huge difference in righting those wrongs. Almost all of the wrongs were righted. Some weren’t, maybe we’ll have to live with some, some of the things we think were wrong, but frankly we’re going to take the win.
C: Awesome. Thank you.
601 caller: How are you doing?
T: I’m super fantastic.
C: I just want to give much love to you, DC, Pam, the mods, Ray. [expressing appreciation...chitchat]
T: You know, the one thing he did say as far as this goes, if you had taken this money and you invested it somewhere in a company -- I don’t care if it’s Facebook, Microsoft, Twitter, whatever it is – you’re just an investor. You don’t get to hear what’s going on at the board meeting every day. You don’t get to make any of the decisions. Everything is not about you, you’re an investor, you’re looking for your dividends, your returns on your money while they’re looking to build their brand, their company, and they don’t make their decisions based on, “I wonder what our investors are going to say? I wonder what they’re gonna do?” So that’s not reality. Not only that, they do that at these Fortune 500 companies and you will never have the opportunity to make the money that you will make today. So, when in fact this is a global, global opportunity, experience, and investment -- 200 countries are involved in. Why do we have to think every details are about us or every decision about us doing every day? That’s really not it. When we in fact came back to you guys and told you some things that have been holding this up, changes that have occurred, are not about the 5 million people that are holding dinar but the 350 million people who don’t have dinar. That’s what the key decisions have been about because you don’t know them all, or some people don’t understand them all, would rather just hear, “Obama stopped it, Obama stopped, Obama stopped it,” or “The US is holding it up.”
It’s not like they’re holding it up because, “Can you back up that truck and unload all that gold in my garage or can you bury that somewhere in my backyard so I can keep it for myself?” If that’s what’s going on, this would be a totally different situation. People would be reacting totally different. So, I think it’s time people should be more trust in and thoughts into when they hearing that. Or, as DC was alluding to earlier, you’re just gonna say, “I just don’t care. I’m where I’m at, it doesn’t matter.” Anyway, DC?
DC: I thought that was great. It’s a good picture – it’s not all about us. We’re just a minor player in here who are able to reap some amazing rewards out of this. I think we all need to sit back and be grateful that we have that capability. I know there have been some issues. I know there have been some junk that we didn’t want to deal with – God knows I didn’t want to deal with it either – but, we are where we are and this is a wonderful place where we’re at, so everybody just sit back and smile.
T: Yeah. We’re in a great place today.
347 caller: Was there an RV for the Admiral group over the weekend?
T: I don’t know if there was an RV for any group over the weekend.
C: I mean, private exchange. Correction, private exchange for the Admiral group.
T: For the Admiral’s group? (C: Yeah.) I probably got 5 calls on that. Saturday morning, he went in – nope. Saturday night he went in – nope. Sunday… You know, Admiral has gone in and got paid a thousand times already. So…
C: Now, I heard about the DFI funds, it’s only released because the dinar being RV and that happened abruptly two weeks ago. So, what is the last step? Like you said, their country is going through the election, everything is release, why are we still here?
T: Is this Jamaica?
C: It’s not. It’s not Jamaica.
T: Oh, okay. You sound like… (C: This is another Tony.) This is another Tony. All right, why are we still here? Let me see. The RV already happened, the rate has to change, they released the DFI funds, the only thing we’ve been saying lately – we’re waiting for it, the announcement, international. We know there was a discussion, negotiation about our rate, about the decline of the dollar, about the length of it and how fast it would happen. I tell you guys last time there were things going on related to our economy, that’s why we’re still here, to make sure those numbers come out favorably. I’ve explained that right now with the IMF, what was going on with the 15% -- 17 versus 15 – there was a veto and we didn’t do that, and the IMF has come up with 5 mini IMFs which would cause the decline of the dollar. So, we had to fight for a higher rate now knowing the effect that would have on that, our economy and all that. That’s why we’re still here until those matters were settled, which were bigger than you and me getting our money and us running to the bank. Now we tell you they’ve come to an agreement with that.
C: When we get the 1-800 number, that’s the only thing that’s keeping us, that 30-day window – is that off the table, is there a time period where we have to get in, get out, or what’s going on?
T: DC, what’s going on? They still have 30 days to complete the exchange once we get the 800#?
DC: Our understanding is, one, we’re not going to need that much time. We’re talking they’ll get most people done in the first week, maybe 10 days. They’ll get all that done. The rule they have the 30-day notice, my understanding is they have taken off the table for now, but there will be a longer period of time where they’ll accept that, the terms are like 6 months or a year. That’s very much on the table right now. So, there shouldn’t be an issue for anybody listening to this call or any of their relatives.
C: About the reserves. So, say it happens today, I called in and I’m locking in a rate: is my reserve locked in at the same rate or whatever rate that’s going to be when I receive my reserve to go to the bank.
DC: Whenever that money is credited to that transaction, right? So let’s say, let’s pick on Sterling because that’s who we’ve been talking about in the past. They have a couple of scenarios where they have timelines associated with that. Let’s say it’s 5:00 for argument’s sake, that means if you get everything done today before 5:00 then you’re fine, you’re locked in for that period of time. I understand from talking to Tony and Frank many times, they’re going to honor all those things on there. If you were a person who will then kind of playing the “gotcha game,” who will be just putting in 10,000 orders and hoping one day when it rises and catches it in between that, they’re going to notice that. They’re going to say that you’re trying to game the system, and you’re out. If you look at the explanation, it says that if you’re trying to game the system, we don’t have to honor that.
T: You’re talking about relative to your reserves and exchanging it at the bank or you’re talking about whether your reserves are still going to be honored? (C: At the bank.) Okay, so, today, I’m still going to let DC answer it though. I’m going to use your same scenario. 5:00, you go and exchange and the rate is $3.02 – which we know is not the rate, but anyway – he wants to know what happens to his reserves.
DC: Bottom line is you will pay off the reserves and be able to exchange those in. It’s going to be very straightforward, like we’ve talked about before. It’s going to be … if you locked in before that time, you will be fine. It all depends when you lock that thing in, before or after the RV.
T: This is what we’re hearing. If you go in, the bank has a process right now, which they haven’t announced. But, they do have a process to work with you with your reserves. So, when we get the 800#, we make the announcement, we will be able to tell you the process.
704 caller: [chitchat] I have a form that said we need to put our funds in a non-interest bearing account. Is that still necessary since the tax season is over for now?
T: You know, a year ago, two years ago we were hearing… as a matter of fact, I have banking people who said “this is where you need to put your money” just because of the changes that are going to be occurring in the economy and everything. They said, “you just let it sit over there because they can’t affect it like they do everyday accounts,” like checking accounts, saving accounts. If it’s non-interest bearing, it’s sitting there in a safety zone. So, everybody has to make the decision on their own whether or not that’s what they want to do.
C: Is the Zimbabwe currency considered at all at this point?
T: That’s a DC question. [laughter]
DC: It’s our understanding that it’s the same basket that’s going through there. Everything that was agreed before are going to be there. Now, there may be some last minute changes, that’s always an option as well as there may be a few … that we’ve talked about.
C: Let me get what you’re saying – is it or is it not?
T: She said, “forget all that other stuff. It’s yes or no?” [laughter]
C: Yes or no. Yeah, you sound like a politician. [laughter]
DC: Right now, our position is yes.
T: I gotta tell you guys, you’re actually truly blessed because I wasn’t going to say that. That’s why DC is here – he’s authorized to say that. I’m messing with him. [laughter]
865 caller: The public release of the RV, does that need to happen before the end of election in Iraq based on the agreements that have been made?
T: Oh, that’s a good question. Okay DC.
DC: Let’s talk about needs and wants. So, if we want the current power structure that’s in place, and we’ve talked about that – it’s really important whether you like Maliki, whoever you like, it’s really important for us for the US, as well as the world, when they revalued that the people they cut the deal with are indeed the people in power, right? Say, if I came in there new, “Wait a minute, I don’t like this clause, I don’t like this guy here, I want a new one.” So, everyone understands the gravity of the situation in terms of it needs to get done while the politicians they made the deal are in place, whether you like him or not, everybody accepts that. So, therefore, if one just take the next step from that, yeah, it’s important to get this done before the elections, just in case there are changes. And, also, a lot of these politicians, that’s kind of their winning strategy, “Hey, I got you the revaluation.” They don’t really have that many positive traits going for them. They may not have any! But, they are very much in. It is extremely important for these politicians that the revaluation happens before the elections. Remember, the elections are already in process.
C: Correct, but April 30th, does it not come to a conclusion?
DC: That’s basically it. If the tide is already switch to another… to another category… switch tide is going against them, it’s going to be hell to change this late in the game.
T: Let me put this in there real quick, DC. Over there, it’s not like they’re choosing a guy or this guy – they’re choosing a party. And that part is already going on, and the momentum is going and they can’t wait for the last day and say, “all right, now everybody go and vote for the prime minister.” It doesn’t work that way. So, maybe you’ll want to explain some of that, DC.
DC: Sure. So, the core of it is Iraq is a parliamentary democracy, like a lot of the countries are, where the head of the party becomes the prime minister. How they do it is they do it region by region or a town by town election. They said, “Okay, the Dollar party runs against… wins in this particular part of the green zone, Falluja, the *** party wins in these particular regions.” So, basically, it’s kind of builds in terms of which regions and which segments end up with it. It’s like the US in terms of when it comes to the people with the most amount of votes didn’t get to make the decisions. So, therefore, there technically are many, many parties. 3-4 parties will end up having enough votes to where they can all talk about it and discuss about it, “Hey, we end up with the most votes, let’s agree to do … we’ll work on this platforms, and we’ll work on these issues seriously and we’ll let your guy be the finance minister and let my guy be the prime minister.” So, it’s very much in a rolling scenario. That scenario is already occurring right now, so they’re very desperate to get this thing done yesterday.
C: A previous caller has asked about is it in the hands of Christine Lagarde and I thought I heard the answer “we’re beyond that” and then it kind of went a little garble on my end, so if I may continue with that. Is that saying that now it’s in the hands of the UST to say to the banks to go for it and do we have assurances that the banks aren’t going to do the same kind of gamesmanship that they did in prior times when it was in the banks’ hands?
DC: I did say that but … that wasn’t anything I shouldn’t have said but I need to stop saying it.
C: So, it wasn’t garbled on my line, it was sort of the fact that you purposely fell off the line or my line going blank?
T: It was garbled by design.
DC: We can say in general terms, not specific to today anything else, but we know that the banks are very well rehearsed; they’re immensely prepared. The UST is immensely prepared; everybody has got their act together. Anybody who has glitches and blips and whatnot have very much been addressed to where they’re running in very smooth oiled machine once this goes on.
C: Super. On going to the bank, before we have our actual appointment, we can take up to 25K note and is that per bank per person or is that 25K note, period, by a person?
DC: We’re supposed to say 25K note per person.
T: Regardless. Yes, it’s one bank. It’s going in the system, they are going to track it.
C: That’s what I want to be sure of. It’s not like we can go to 4 banks, have a 100K. Just 25K period.
405 caller: Follow up question from last week. I asked DC about 13303 and my question about that today is, if they don’t intend on extending the Executive Order, because they typically have March of every year, is that in itself not like something like a big pointer to say, “Hey, something might happen because they’re not extending 13303?”
DC: I think you’re a wise man. I think you’re a very wise man on there. I would also point out that has been one time that I know of – there may have been other times that I’m not – where they didn’t extend it until… actually they did on the 24th of May or a tad after, where they did that. Every year it has been March.
T: Last year they did it in May.
DC: Yeah, they went right up to it, a few hours past it.
C: 2nd question: I did see something about Kaperoni saying there is going to be some changes this week at the dinar exchange places. Haven’t heard you said anything about it yet, didn’t know if it was one of those questions that you will see if it’s brought up.
T: Well, and actually I did. I started off the whole call about the negative stuff that we were seeing this weekend and it could have been presented in a very different way. It could have been positive if it was fully understood. I think it would be positive. I can’t wait to hear it, to tell you the truth. I hope they’ll announce it in the next ten minutes. But the way it was put out there it was letting people assume that it was going to be something negative, which I don’t think it is at all. I think it’s going to be a great thing.
C: So is this going to be an announcement where everybody in the general population gets to hear or just something that only we would know, only in dinar land.
T: I think dinarland, that’s the only people that it would apply if it affects does happen and you do hear it. Any changes with the exchangers, I think only signify how close you are to walking through the front door of the banks, that’s what I think. DC, any comment?
DC: No. In fact, I would very much like them to make that call any second. Now would be a great time.
T: That’s right, now would be a great time while people are concerned, fearful and all that. There really is no reason for that. I don’t know if the information wasn’t relayed right or they’re just assuming that it’s going to be a bad thing. But, I think it’s going to be a great thing myself if they do it.
352 caller: Back to the 25K dinar bit. Now, when you walk through the bank, is that 25K per person, one for the husband and one for the wife? I would hope so.
T: I would think so if you have separate accounts. You could be exchanging your currency separately. They’re only going to take your personal information when you go in for an exchange. They won’t take you, your wife, and your kids – everybody has their own money, right?
C: Okay. Since I’m pretty much a hacker when it comes to sitting down with this kind of money and talking to a banker, we haven’t talked much about anything other than the $3.71 lately. When we walk into a teller and start talking to him, what rates are we expected to concern ourselves with? Is there a China rate, a contract rate, or a street rate, or a market rate? Do they show us all of them or how do you think this is going to happen when we go in now?
T: That was a DC question, right? [laughter]
DC: I’ll make an attempt and see where it goes. Our understanding, one there will be an international rate, which would kind of float within a range that everybody already agreed to, and that is going to occur on an international level. We also understand that there will be a market rate which will be used inside the US for a period of time, most likely 30 days. There will also be a contract rate, which will be … basically being purchased by different governments, primarily China. And so those things will go on there. Our understanding is that they have simplified that in a very straight order where hey have all those rates, while they are available they will be mentioned to you and those will be discussed from there, with the international rate being the lowest on there.
C: Will you be discussing once you get the package and the 800 numbers?
DC: Our understanding right now that there is a plan, and again, plan can change. Our understanding right now is that Tony, myself, as well as 2 or 3 other gurus that people in positions of power think are honest, straightforward people will be given basically a package and also a point of contact at one of two different base to help explain all the details, and we would go on and explain what we have, what cash-out procedures are and also some things we can or can’t say. I’m sure there are some sensitivities that they’re going to say, “DC guy, you stay the heck away from that,” and we’re going to have to oblige and say, “Yes, sir. Yes, ma’am.” We’ll go and move out.
Our understanding is they have definitely gotten the message through, one, being practical people and, two, being through some initial cash-outs that it’s very smart to … the more educated the people are, the better and faster their customers can go through the system. And so, there will be less questions and less hours taken to do something they’d like to do in 20 minutes. So, our understanding is we’ll very much be here and explain the different rates and how you ask for the different rates, etc.
C: Tony, has anything been said about the double digits possibility anymore?
T: You’re talking to DC, I have nothing to do with this. [laughter]
C: Just wondered if you will spill the beans for us.
T: That’s why I’m not talking, he is.
DC: I think the old adage: expects the $3 and everything above that will be gravy, be happy with. That’s all I’m going to say. Can’t give anything on rates.
T: And you know what, we’re going to have procedures, guys. The rates change 2-3 times a day and they’ll probably change every day, so I don’t want you guys to get locked in. We can tell you the number of rates and the range, but I don’t think we’ll be able to tell you the exact rates is what I’m going to say.
C: You don’t think that we’ll go to $3.71 to $11 in the same day, do you?
T: Well, it depends if you’re talking international, contract, or market – yeah, that can happen. (C: Easily.) Yeah.
C: So, it’s kinda like a crapshoot when you go in there at what time of the day you go into the bank.
T: Well, it’s not. The only one you’re concerned with with the time of day would be the international rate, really. The other ones, DC was trying to tell you, are based on availability when you go in; something totally different. Anyway, we’ll see when the package comes, how much of that we can say and can’t say. But, I’ve been given it to you guys for two years now. I’ve been practically laying it out, telling you what to look for. I’ve been telling you I can’t tell you everything before the package comes because it will change everything if I do that. It obviously is not going to help them, but let’s see what the package says when we get it.
662 caller: You have mentioned something about a clean… I don’t know what the word for it, but I missed it. I meant to write it down, something to verify your money is clear and clean, something like that, from the bank?
T: Clean and clear certificate, yup. You can ask the bank for it, and I’ll said I’ll take 20 copies of it, the original, because you’ll never know when you’re going to need them and you have one chance to get them and use them to make high-dollar purchases if they’re concern where your currency came from. You want to use it when you’re transferring your money from one bank to another so they’ll know where it came from. The original bank will know because you did your initial exchanges there or you had your currency wired in there. But if you move it from bank to bank, that’s when the question will come in, so you’ll want to have that available to you.
C: One thing that I heard DC said “cash out.” You’ve mentioned that we should use “exchange” and not “cash out,” right?
T: Exchange. Exchange, exchange, exchange. I said “cash out” and after the calls I always get beat up, “why are you still saying ‘cash out’?” So… Exchange, exchange, exchange.
C: One last thing, it is VNN and IQN, right?
T: VNN and IQN – yup, you got it.
864 caller: Do the elites also get to exchange dongs, if so, what was their rate?
T: They did not that I know of. They’re waiting for you.
C: The 25K note – why are they allowing us the option to go and exchange the 25K note when we can just go to the bank and exchange? Is that just for the in-between time?
T: You know what? You’re very smart. They’re hoping you don’t go do it. But for those who just can’t wait for that appointment, need money today, yes they want to have that. But they’re hoping you’re saying, “I can wait three more days and do it all at once at the highest rate I can get instead of going in there and taking an international rate just to have something in my pocket.” I mean, that’s what smart people would do if they could wait 3 more days. If it RVed, they could wait 3 more days or 5 more days, but because based on what the international rate is versus the market rate, people could be given up a couple hundred thousand dollars because they can’t wait 2 days. So, it’s really something you guys got to think about.
C: Could you explain what’s the difference between the international rate, the market rate and the contract rate? Is there a big difference between the market rate and the international rate? I know they were saying that the dong could possibly be at 47 cents. Could you just kind of give me a guestimate of what the difference between the international and market rates if the dong was 47 cents?
T: You’re talking to DC, right?
C: Yeah, I’m talking to DC, and no gurgling. Be straight up. [laughter]
DC: Yes, ma’am. The difference between the international and market rates – if you’re looking for the exact numbers we can’t go there. What we can go through is why there would be an international rate versus the market rate, etc. I’m just going to assume the latter. What we would be having is what countries is going to have international, contract, and market rate going to be paid off. During a short period of time, when they’re trying to get these notes from the retailers, they’re going to pay above the international rate because they got all sorts of benefits to do so, like China needs oil, the UST needs X. So, basically it’s more competition in the market to drive up those rates a little bit on there -- actually the US banks and some of other bank coalitions. So, therefore there’s going to be that difference. Once they got rid of most of the retail investors, speculators, then it’s going to all float back to the international rate and that’s where it will be pegged at. That’s the difference.
C: I know you can’t talk about rates and dates, but you did teach us that there’s more than one way to skin a cat… so my question is about 2 months ago, you talked about the dong would be between $2 and $6 and the dinar would be double digits. All we want to know is has anything changed since that conversation?
T: The only thing I know of that has changed since that conversation is that they asked us not to talk about it anymore. [laughter]
DC: Now who’s a politician? [laughter]
T: That’s right. If you’re as astute as you said you were, you just got that message, right?
C: I did, loud and clear. Do you have the 800#s yet and just can’t give them out?
T: Oh, that’s a really good question! Okay, DC, do you have the 800# yet that you can’t give out?
DC: I personally do not have the 800# in my possession.
C: Do you have a contract in your possession?
DC: No. I do not, in my possession, no ma’am.
T: I’m going to give you guys this because DC has given you a lot of stuff. The 800#s are out there, authorized, just haven’t been given the authorization to give them to you, but they are in fact floating around.
That’s the truth.
DC: Yup, very much so.
417 caller: [expressing appreciation…asking about putting on the forum] Do you all have the 800#s and contracts at your office?
T: No. I’m going to be like DC. I don’t. [laughter]
DC: I do not.
303 caller: Quick question for DC. One of the gurus that I read keep insisting that the dong and the dinar will go separately, a couple of weeks apart. Could you dispel that rumor?
DC: Sure. So, bottom line is that line of thinking was developed a while ago, just like the rupiah and the zim and everything else – that started a long time ago because that was the plan. But, thanks to Tony, thanks to other gurus, thanks to folks like myself who may be let that slipped out basically because they didn’t want people just buy a ridiculous amount going crazy with that thing, then they had to cut that down and cut that off where they all go in the same basket. Now, what CAN happen is some of the currencies – the Iraqi dinar and dong to my understanding are safe – some of the other currencies can be put off for a little bit of time, meaning put off while the country gets their act together, while the banks get rid of the dictatorial, genocidal, murderer… you know, things like that, things that countries need to do for the betterment of their own people.
C: But you don’t see that with the dong and the dinar?
DC: I don’t. No, sir.
T: Let’s go back to the dictator. What is he?
DC: Genocidal, homicidal… you know what. (C: which one are you talking about?)
T: You guys can see he really doesn’t like that guy.
DC: No. I had met him personally and found him wanting.
C: So, you sent out a tweet over the weekend, it was a great weekend and everything. I kinda take it that you can’t tell us what transpired over the weekend to make it that. We’ve been on the one inch line for how long, is there a back wall date that we can really trust as far as there is a back wall to this somewhere? We keep hearing about renegotiations and dotting the T’s and crossing the I’s.
T: Sure. Let me tell you something before DC answer you, why I sent that message out. Anybody who has listened to me over a period of time know that I’m basically going to tell you what I know, except when I can’t. But I’m going to tell you if it’s good or bad, I’m going to tell you that, “Hey, we need to fight for what’s right,” or “we need to let things lie and do what they need to do because it’s basically not affecting us.” What we’ve been talking about the last month, telling you guys, hey they said it for the first, they said it again for the 15th, they’ve released the DFI funds – again, the positive things and that we’re on the half inch line, we’re ready to go. And I tell you that, “I know something that you don’t know and that it’s a super fantastic weekend” you should be able to take that to heart that this is a great weekend and as DC said, you should be sitting down, smiling, or jumping smiling and doing something else, but you should be smiling, not frowning.
C: I’m personally not frowning. Therein lies our frustration…. We’ve been told so many times, been in this over 5 years, gone through the whole gamut. We just want some assurances that they can’t keep dragging it out. I don’t think it’s one political party…
T: I understand that. There are no insurances. The only thing that can insure you of that is when they announce the RV. Until then, there’s another thing, another thing unless it’s come to an end, like we’ve been saying, like DC has been trying to explain to you guys: they need this now in Iraq in order for them to effect change. We need it NOW because if things don’t come out the way the plan has said – and we’ll know come April 30th – then it’s going to destroy everything. It’s like being back at square one.
C: So April 30th is the drop dead back door date?
T: I don’t know. I didn’t say that. Did I say that? [laughter]
C: Well, you kind of said that, but I’m not pressing you for a date. I’m just asking: is there a back door date?
DC: I don’t believe there is. We’ve heard it before. There are too many people in line to do that. I believe, as I’ve mentioned in the past, when you’re past a certain time the cost of if just skyrockets and that doesn’t have to mean dollars and cents. It could be politically, or your risk of putting the entire darn thing in jeopardy skyrockets. Those kinds of things cost; it doesn’t have to be financially – can be many others. What I’m trying to say is you’re about to hit an absolute cliff in terms of cost. It is going to a nightmare if it goes on much longer because of the cost and what happens with it on there. Some people want to ride up right onto that cliff as close as they can. But, that’s a hell of a thing to do… this is not the time to do that. My understanding as well as Tony as well as a lot of other people is that we’ve gotten over that thrill-seeking attitude. We’re very comfortable with where we’re at.
360 caller: I’m just a little confused with stuff you’re reading about the banks taking 100% of your money, you’re going to walk away with nothing. Then, why are we all in this if that’s the case? We’re going to walk in the bank and then they’re going to take all our money for the next 20 years when we’re dead and gone and I mean, I’m confused here, there’s not much laid out on how to approach all this.
T: What do you mean when you said the bank is going to take all your money?
C: You read a lot of these… the blog saying do this account, sweep this account, the bank is going to take your money, they’re going to lock your money up. You can’t touch it. I’m sure you have heard or read some of it yourself. When we walk into the bank, are they going to credit your account and they’re going to take 75% of it?
T: No, they’re not. All right, let me put it this way. This is what’s going to happen. Once the RV is announced or not announced, we’re going to do a call. I’m going to try to give you the best explanation of the NDA that we can -- if we can, haven’t gone – and the contract based on what we know, see and that. Hopefully we’ll have a bank person to explain it. Are there things in there that you’re going to want to know about beforehand? Yes, and that’s why we’re doing it. Are there things in there that banks think they’re gonna do that are in your best interest – they haven’t decided how it’s going to be presented – because people don’t know what to do with this kind of money. And they’re probably going to say, “Hey, look, I’m trying to save you from you,” that kind of thing. Are there going to be some banks that are going to have some restrictions? Yes. The most we’ve heard up to so far is up to 20% up to a period of time, not to exceed 2 years. Is that right, DC, not over 2 years?
DC: I’ve only heard… I’ve heard 40% once, but most of them I’ve heard 20%.
T: So, are those things out there? Yeah, but … again, we’re going to walk through them, see what makes sense, what doesn’t make sense; try and help you guys go in and do that. Again, because what he said, your appointment is going to be a limited of time, so if you exceed that time, you’re going to the back of the line. I’m telling you that right now. Too many people, too much time to do. So, we’re going to try and ease the process for you.
C: I know the higher rates and the different rates, bottom line, are we going to see those rates or that time have lapsed so much and they’ve gotten theirs and it’s just going to be an international rate. You’re just going to have 4,900,000 other people scratching their heads saying, “Well, I guess the other guys got that rate.” Is there really a higher rate or we’re just all being fooled?
DC: There is a higher rate, not everybody will get it.
C: How fair is that when they all got theirs?
DC: It’s not fair. That’s just gonna be one of those tough things, you just gonna have to live with it… it could be worst rate on there… (1:26:39) Again, let’s be a little positive, “hey, the worst case is I make 3000 times my money.” Come on, are some people going to get it? If you pay attention to the timing of the event and walk your way through it, then you’ll do very, very well for yourself. Is everybody going to get these ridiculous high numbers? No, because there aren’t just that many out there. Have even the folks we have cash in already have gotten these ridiculous high rates? No. A lot of them got very low rates. In fact, some of these poor guys are sitting on 5 and 10 cents crap. And so, then frankly… there was a time where they have already talked about closing those things up and allowing everybody to get an international rate, and that was getting really close and due to the twitter campaign, we were able to raise it to a certain where the right people said, “hey, that isn’t fair. Why are were doing that?” So, we were able to right those things. So, bottom line, the way we understand it right now is everybody is playing fair and the game is as fair as it can be.
T: Let me add this, as DC was telling you guys. Some people have already cashed out at pennies; they literally have. Some of them at $2 or $3. They’re not going to have the same opportunity as you have even some who already got SKRs for $7 are going to miss out on what you’re going to have. That’s who I’m always going for, we’ve been going for, the masses, so we can. There is no way every single person, 4 million people, can get $32. A lot of you are going to be your options. I got people walking around me right now who are telling me, “I’m going to take my $3 and I’ll be done. I’m going to make money with it. Just give me that.” And a lot of people are going to run and do that because they don’t like the NDA, or they don’t like the contracts that the banks have with the higher rates. So, a lot of that is going to depend on you guys, who gets what, do you understand it, and do you feel comfortable with it, or you just want that lower rate. But that’s what I said, we’re going to try and make sure you do understand it, we’ll do whatever we can do to help you guys through that so you can make the right decision.
C: What’s your thoughts on the longer this takes the more the population… it gets out. Of course, they didn’t’ want us to get into this in the beginning. The longer it takes, word gets out, it’s going to spread like a forest fire.
T: It has been for the last ten years, you know what the word is? It’s a scam. It’s a fake. It’s not real. And the majority of them believe on that. Believe me, they have the numbers. DC, do you have the numbers?
DC: Yeah, we do.
T: They have the numbers. They know how many people have dinar, dong, this. I mean, how many people have over a million dinar, they have the number. If they continue to let it go every day, they can live with it. They do these rates 3 times day, they know what’s going on.
DC: A lot of what the population has done – let’s pick on my own family. They don’t really understand exactly what I’ve done but they understand that basically I’ve done a lot of things that it’s related to Iraq and related to other countries and have possession of some great information. These are my family members. When I told them this is a great thing to do, they go, “No. DC guy, no. How is that possible?” If my own family vaguely know where I’ve been and what I’ve done, they are saying, “what the heck?” A large of the population is just like that. And these are my own family. Meanwhile, I finally gave them the currency and said, “Just put it in your sock drawer and we’ll talk about it when we talk about it.” A lot of the population is just going to do that. If it’s been made public, a lot of people will freak out. They’ve asked the media not to do too much about it. They have some of the more negative stories about it, and but they’ve asked specifically to keep these things as quiet as possible because they don’t want a gajillion people all own the same thing. So, their strong belief, if you look at the numbers, the vast majority of the people – the vast majority – have less than a million dinar. Most people have a 25K note, that’s most people. The vast majority have less than a million. The ones who have more than a million, you’re getting into some pretty slim territory. About 10 million, even include reserves and all that, we’re talking about a very thin amount of the population who has that. A lot of the people are going to have a comfortable reward, but not an absolute-go-crazy billionaire mentality. There are very few of those.
C: Can you elaborate on the zeros on the Zimbabwe, how many may be taken off?
DC: We’ve heard 6, 8, and 9. I don’t know what the rate is. Tony, do you? (T: What the rate is?) No, the number of zeros on zim.
T: I’m actually … if it happens, I’m saying IF, each currency or each note could have a different number of zeros taken off of it is where it’s at. So, not just 6 across the board because of the 100 trillion versus the 50 trillion versus the other ones. And the series, one could have six, one could have eight. I know it’s confusing.
C: Expressing thanks. I’m after the cheese factory. I want the keys to the cheese factory. [laughter]
425 caller: All questions answered.
T: The Admiral has been coming up for years, it’s confirmed they’re a group. Do you know when you can believe they got paid? It’s when you walk in the bank and get paid. Then you can believe they got paid. That’s all you really need to worry at this time.
C: [chitchat…about groups saying the same thing that Tony has said] On the lower denoms, are they going to be one, five, and ten? What are the lower denoms that are out there right now, the newer ones?
DC: They’re the US denomination, including the coins which are called “fils”, so they are same numbers we have which we normally used, which are ones, fives, tens, and twenties. Those are what most of them will use, and fils for change.
T: Now, do they have a two though? I think they have a two.
DC: Don’t quote me on that.
704 caller: [commending Tony and team and chitchat] First of all, long ago, I thought I heard somebody said if you sign an NDA, you can’t produce a film. This film that I am producing, it’s a Christian film and has nothing to do with the dinar or anything else – it’s a true Japanese-American love story. So, if you signed an NDA you can’t do any kinds of films?
T: No, I think it’s in relation to the dinar, the process, bringing this up.
C: When I do open a new account, should I dump that money immediately that I want to use for the film into an LLC?
T: I don’t know. You’ll have to get some kind of legal advice – LLC versus trust versus foundation. I don’t know what you’re trying to accomplish in the end. Those things are places you put money for security, not to make money but to secure your money.
C: In terms of general basic steps: 1. We get an 800#, we give them our name, zip code, email, which bank, the amount of currency that we have, and then they give you another 800# which you’d call and set an appointment with a bank or an exchange center hopefully nearest you, right?
T: They either going to give you a number or they’ll transfer you to that number, which I think they’ll transfer you because they want you to go, “Which one do you want?” Because each of them have a call center. That number will then supposedly give you your options for an appointment and you can schedule it from there.
C: And, also the email thing, should we create an email before we go in to our appointment or even before we get the call that we would use only once and then dump for security purposes?
T: You know, when you go into the bank… Well, when I go into the bank, the email I set my account up with is going to be my email. I’m going to have a personal banker. Nobody is going to send me any kind of advertisement or investment or anything – they all have to go through him. So, I’m pretty safe. My brand new computer that I have will only be used for that banking purpose. Now, I’ve had people from the United States Treasury, I have people from the banks, who said, “Don’t use the email that you use. Don’t use the email that these groups have that you signed up for.” So, create a whole new email when you’re going to make that appointment. And doing what these people did and signing up people, somebody now has all your information. Somebody knows a place to send you an email with a virus or anything to hack into your account and get your new information now that you have a bank. You know, you put out there too far. If you’re going to do this: start clean, know who has it, and protect your newfound wealth. That’s what I’m doing.
C: We have to be on time and then bring two forms of IDs, and then we bring our currencies, receipts that we might need, gift letters.
T: Yeah. When you’re on the call with them to set up your appointment, they’ll go over exactly what you’re going to need, instead of us trying to say it. I don’t know if that’s going to change. I don’t know if you’ll need that just for the contract rate or a group rate or you’re going to need that for the international rate, which you shouldn’t. But those are the questions you should definitely ask during your 3-minute that you’re on the phone. It’s supposed to be only 3 minutes and it’s over.
C: When we get there, we check the NDA or/and the bank contract, and if it’s bad we can always take the market rate. Then there’s all these different variables in terms of no tax, the market rate being potentially less complex than the bank’s contract, etc., so anyway, the point is we always have that option to default to the market rate.
T: You can always say no, you’re right. I’m hoping that when we get the package that they will, if it’s finalized – I don’t even know if it’s finalized – at each rate give us the tax implications of that. Those are the things you don’t have to talk about when you get there. Basically, we’re going to try to supply you – and they want that as well – with as much information as we possibly can now before you walk into that bank so you can sit down and say “I’m doing it” or “I’m not doing it.”
C: If I do sign an NDA, and make sure that I have CCCs – clean clear certificates – a lot of those, did I hear?
T: Well, you want those even if you don’t want to sign an NDA. You never know down the road you may want to move your money. You may want to move it from tier 1 to tier 2 bank, they’ll want to know where it’s come from, “I mean, I know it’s origins, but where does it come from?” And then you’ll need that certificate. Or, you may want to move it into an investment and they’ll want the same thing, “Okay, we see you got money, but where did you get it from before you put it here?” So you make sure. I’ll would just do that for myself. If you never use it, so what? If you need it, you’ll have it, and that’s your opportunity to get it while you’re doing that account.
C: And when we go in there, we make 2 accounts: one is for 50% tax and the other… can you make that an interest-bearing account? Is that the idea, to make it interest-bearing initially?
T: You can. Or non-interest bearing. That’s something you guys have to look at yourself. I like my money to be making money. I’m not scared that the banks would collapse when this announcement is made. Now, something down the road might happened, but I’m not worried about it for the next week or so.
C: Get cashier checks, but no one than $10,000 each, this type of thing, and then…
T: You can get a cashier check for any amount you want. There’s no limit to a cashier check. And if you buy a large item, you guys know they don’t even care if it’s half a million dollars, they prefer that you use your card that you’re going to get or get a cashier check. They don’t want wires going out the first 30 days so they can scrutinize, held up, track the flow of this money. So, if you need to do something, it’s better and easier for you to get a cashier check.
801 caller: How’s your mother and father doing? Doing good?
T: Yes, they’re doing great. Thank you.
C: Has the GOI reached an agreement with the Kurds on the budget or is that…
C: You keep saying lower denoms, some of them are issued, are out in the area. How come we’ve never seen any photos of these?
T: Let me tell you guys and then I’m going to let DC reinforce it. A while back, people called me – and I actually get death threats in the past. People called with all kinds of nonsense, go through all that. As DC will tell you, they had to investigate some people and go through all that. And I laughed at it even though he told me don’t laugh, “you should be laughing at it.” I laughed at it because I don’t take it serious. You know, people knocked on my door and did that. But over there, it’s something totally different. DC, you might want to explain that.
DC: Sure. So, the people who had it, they’re scared within an inch of their lives, as my grandmother used to say. “You cannot release this, you’ll got prison, etc.” Frankly, some people did and I don’t know if they just went to prison or just had a very scary meeting by a bunch of big guys who weren’t very nice. I had a contractor friend who lives among the folks – he’s American – and I got him to take some pictures of it. But he had a picture of his address and his driver’s license on it and then he sent it to the wrong email address and it was very public. I wouldn’t risk his stuff or mine or anything else. There have been 2 or 3 similar situations about that. Now, my guy is grumpy and he wouldn’t take another picture because he’s an old grumpy guy, but he’s my old grumpy guy. But, my point is, they have kept this absolutely far away from anything on there. If it’s a bank, it’s a fire-able offense plus maybe even some penalties. If it’s a merchant, they basically will be shut down. So, there’s no motivation to justify sending that to some American who is going to send it to thousands just to say, “Look, it’s finally here.” And it’ll be traced directly to that person. Why take that risk? Why are you going to risk your family? Why are you going to risk your own personal freedom and safety? Nobody is going to do it. Have I seen them? Yes.
T: I will tell you guys this while we’re still there. We actually had people tried and emailed us and they wouldn’t go through, when they can send us other stuff. That actually would not go through. Had a guy actually tried to do – a private citizen – it didn’t go through for some reason. But, here’s one more thing for you guys to know, if DC wants to talk about it: the media today.
DC: I think we can. I think we can talk in broad terms because that happened in the past. There is absolutely a media blackout about anything related to this that has already been briefed. So, reporters in Iraq, Iraqi news stations as well as other news stations – other US-based and international – basically have been told they cannot publish anything about … anything related to the revaluation or even currency right now… about Iraq obviously. Other foreign currency doesn’t matter. But they have very much lock this down pretty tight. They are rerunning the same news stories for the past 4-10 days, “It’s going to happen before the elections,” “It’s good, we’re the richest country in the world.” The same thing they have been saying for a while now. Those continue to be played in the TV, radio, and newspapers. But, presently, information is very much lockdown.
T: Over the weekend, they have about 12 hours of complete blackout. No media at all. Just so you know. I went too far. (DC: No, you’re good.)
[caller tried to guess who DC is]
712 caller: I had bought some dong for my daughter. I was wondering, do I need to have a letter made out to her, a gift letter, or is she able to buy that dong directly from me?
T: She cannot buy it directly from you because you’re not authorized to sell it. So, you can give it to her.
C: So the gift letter would cover that.
T: That would do it, depends on how much, she might not even need it. Better safe than sorry, is what I say.
601 caller: When we go to the bank, when we open a second account I read, and then you swap the funds from one to the other: do you swap them that same day or some later date?
DC: You can move your money around after you have this done as long as you document it.
C: You don’t do that online? You don’t go home and transfer funds with your new computer that you buy?
DC: You can. You just need to document everything. Let’s say it’s all in one entity, it’s all in your name, it’s okay to move accounts. If you’re moving from two different entities, let’s say your name and then you have an LLC – to move those between the two, you’ll make sure to document whether it’d be a loan, capital infusion, or however you want to do that – that needs to be documented correctly.
C: I have several different banks. I’m in a small town, I don’t really have a large bank in my town. I actually have to cross from one state to another to get to a larger bank that’s closer to me.
DC: The best thing for all of this – as long as you’re not trying to do anything nefarious, just document what you did and it’s actually fine. When you move from yourself to an entity or an entity to yourself, those things have to be clearly done. Until you can get really used to it, have an accountant or a lawyer help you with that until you understand it and it becomes really routine.
C: I don’t know if there’s anything in the disclosure the NDA or anything that would stop it, especially over state line. It’s really simple but I couldn’t find an answer.
DC: State line should be fine. Now you need to think through about income tax and any kind of tax – franchise, state income tax – it might have. You need to think that through in terms of … Let’s pick on Wyoming. If you’re in Wyoming and that’s where you live and you have a Colorado bank account, you’ll need to worry about where you would receive that income. You’ll need to worry with things like that, again get a good accountant or tax attorney to walk you through that.
C: I have names written down, but haven’t actually spoken to any because, again, I don’t know if I should go in my state. I’m right on the line of Mississippi and Louisiana, 15 minutes away are the major banks and the people… but if I want to go within my state it’s an hour away for me to get accountants and all. I don’t know if they’re licensed to work in my state. I’m going to have to start really talking to people, but I was waiting for a while before.
DC: Just … I think it is good to wait until this gets done. Do research and … I actually don’t have an account on Tony’s team and that kind of thing, but my understanding from Ms. Pam is that there are really good interview questions for tax attorneys, really good interview questions for accountants. (C: In the forum?) I believe so, yes, ma’am.
C: I haven’t been able to get into that. I’ll try.
DC: Frankly, Google is a wonderful thing. Just say, “questions to interview a tax questions,” etc. I think… I’m going to go off for a little bit. Most professional service people that you’re going to be engaged with and dealing with is not unlike dating because you really need to know each other, you need to get very comfortable with each other, you need to understand and be able to converse and ask questions even though they may be stupid, or you may feel that they’re stupid, etc. And you also need to be able to take a little push back from them. Say, “Ma’am, this is not going to work for you” and be comfortable with it. And also, just like dating, there comes a time it’s time to move on, both needs to move on. That’s DC guy’s “life is a dating mentality,” but that is a … how I very much strongly feel, as well as all those people who I admire. Those folks who you can work with, it takes a little while to know the right folks. If it takes you a month to find the right accountant, that’s okay.
C: The team that I’m trying to put together, will they be able to direct me for healthcare. At this point I don’t have any healthcare. My husband is disabled, he has traumatic brain injury, he can’t walk or talk or anything. I don’t have a job to be on Obamacare or anything like that. Would this same team of mine would be able to figure out… I don’t think nonprofit, I don’t know what’s an LLC or anything like that, would want to open… Would that be where I can get health benefits?
DC: For healthcare, you can do it through the individual exchange. I don’t know if Mississippi or Louisiana, how they’re set up for their individual exchanges. You can go through that route. Or, you can have typically most attorneys to deal with something like this, and also accountants understand several different scenarios and can point you in the right direction.
C: So my team would have an answer.
T: Some of the banks are going to offer concierge services. They’re going to do everything you need depending on what you have to make your life as easy as possible. (DC: Right.) So, it’s a good question to ask.
C: I do try to sit there and google, but it takes so much that I lose track of it. [expressing gratitude]
T: Tracking the dinar versus the other currencies and why they should be in separate accounts, because that’s the big reason why you have separate accounts – the different tax brackets. He’ll explain it.
C: I do have different currencies, the dong and the dinar. I was curious, when I go in, I open 2 separate for each and then I’ll have four and eventually I’ll just transfer, pick and choose what I want to do with that?
DC: What we have consistently got from the UST as well as the banks at many different levels are the time is that there is a strong possibility that the tax structures as well the NDAs and agreements that we sign will view the Vietnamese dong as well as the Iraqi dinar separate. There’s a whole different set of rules for each one. It may change for all of this because it’s pretty complicated. But if not, you need to keep it separated as long as you feel and your advisors agree that, “Hey, we can get rid of these 4 different accounts and go to the one. We’re fine, don’t worry about it.” But right now, as we understand it, the tax liability is going to be very different for the dong and for the dinar, and that’s what we’ve told as well. And there are some agreements, SOME – and I’m going to repeat it one more time – some agreements where some people are going to be tracking your spending. You’ll have to agree to allow them to track your spending. That is very much big brother and a lot of people are going to have a heart attack right now, but just tell them, “we don’t have to do this.” But that’s where we’re at. (timecode -- 1:58:54)
C: I already have a trust fund set up for my husband because we were trying to get some in-patient rehab for a longer time than his insurance wanted to pay. I would be able to just transfer that money from the other. Would that be taxed at that point on both ends or…?
DC: That’s where you really need to get in terms of where you bought it, how you bought it, whatnot, that’s where you really need your accountant or tax attorney to advise you where that should go from. From a personal perspective – again, I’m not a tax attorney or accountant – but from a personal perspective, it’s good to have your own individual trust outside of your spouse even though you’ll give it to him for forever, it’s good to have it totally separated. And they’ll walk you through the detailed reasons as well as how you should move your money so you don’t get double taxed for something silly like that.
C: Thank you.
T: Pam is telling me it’s time for us to go now, but we have one last… 806.
806 caller: I have my bank accounts opened at two of the big banks, and for me to open those accounts I had to put money in those accounts. So, when I go into the exchange, do I need to say at that point to open another new account?
T: You don’t have to open another new account. They would prefer that you have an account when you get there so they don’t have to go through that process. Depending on the amount of currency you have or dollars you’ll end up with, they’ll assign you a personal banker. At that time, he can move all your money somewhere so the tellers can’t see it; only certain people can go into your account and nobody can send you anything. So, maybe that’s something you do afterwards. The only thing that we’re saying right now just based on what we’re hearing is that you keep the currency from you dinars separate from all your other currency. One, because it’s backed by the Treasury -- everything else is still backed by the Federal Reserve – and that they’re going track every dollar that comes out of this dinar, I mean, forever. They’re going to track it because they have to for accounting purposes and because they’re responsible for it. If something goes wrong, our economy or anything else, those Treasury-backed dollars will be treated differently from those Federal Reserve dollars.
C: In the accounts that I’m speaking up, I just opened them with a minimal amount just to kind of be ready. So, will that matter that that little bit of money is in there if that’s where they’ll deposit my exchange?
T: You know what I’ll do just to make sure? When I get ready to go in there? I’d pull out all my money so it’s zero in there, doesn’t matter if my account is still open, and then I’ll put my deposit in there.
C: In the city that I live in, our population is about 200,000. I’ve been researching the banks here and I cannot find any bank in our area that has a De la Rue machine and I’ve really been researching. So, how important is that and where I live to be able for them to verify my money because when I open my account, the banker at Wells Fargo, he also has dinar and he told me they would just verify it, they’ll give my receipt and then my money would be send off to El Paso to be verify. Is that safe?
T: Let me ask you a question first: do you live in Texas? (C: Yes.) I knew it. I knew it. Anyway… [laughter] DC is going to answer that question for you. [laughter]
DC: I assume you live in West Texas. (C: Yes, sir.) Excellent. Great country. Great area. Half of my family is from there. The bottom line is a lot of people is going to have to send that money off. They’re going to have to send it to a center like El Paso or if you’re in Virginia somewhere, they’ll send it to DC, whatever, they’re gonna send those to the locations that have the capability for these De la Rue machines. And most banks… say you went to Mexico, right? And you headed back and you have a bunch of pesos and you want them to credit it to your account. You bring them to your bank, and they say, “Okay, we’ll put it in this special pouch and we’ll send it off tonight and you’ll get credited in the morning.” Most banks will continue that exact same process except but just have dinars in there. So, most people are going to have to live without a De la Rue machine. I’m personally going to be really selective about doing that and about that. A lot of people are just going to have to basically count on those receipts the way the normal process works, just going to have to go around. If you’re absolutely saying, “No way in heck am I going to do that,” then you’ll have to talk to the banker and say, “Listen, I’m not comfortable with this. Just give me an appointment at a place that has a De la Rue machine and they’ll walk you through that, driving to El Paso or going to Dallas or wherever the place is.
T: Now, the other option, though, is the book. They do have the book.
DC: Right, but if they have to compare, let’s say a thousand of those little buggers… (T: Yeah, it’d be an issue.) Yeah, it’s going to be an issue. And also, when they look at the book, they still have to send it off, for most of the procedures, they still have to send it off where a counting facility where they’ll run it through an automated system. So they may look at the book and say, “Okay, I’ll credit you this now, but just in case it’s wrong I’m going to send it to my old counting machine here in El Paso and have that checked out.”
T: And, guys, don’t be surprised if you do your deposit like he’s saying and they tell you only 10% is available – that’s just usually how it works. (DC: Right.) If you take cashier checks and… they’re going to treat this like the same especially with the high dollar amount. Or, if you go to a branch where they’ve never seen that kind of money, that high dollar amount. They may not even give you 10%, okay?
DC: But where she’s from they’re going to have a lot of wealthy people so they’ll be very comfortable dealing with this.
C: Just between the two of you since you know where I live, would you say do it here or would you be comfortable doing it out of town?
DC: I’ll tell you what I’m doing personally, but again, I’m not an advisor or whatever. I live in a pretty big town with a good amount of money, but I don’t want people to know my business so I’ll bank out of town. I’ll have a good amount here in the town that I live in, but frankly, it’s just too dang much money that makes me uncomfortable that everybody knows my business. It will just leak out, like, “Whoa. Mr. DC, good Lord. Whoa.” [laughter] Yeah, that kind of thing. This is not… because this is normal everyday humans who look at that bank account, they’ll say, “what the heck?” This will occur, so that’s why I’m doing a large part… I’ll keep a nice amount I’m at. Frankly, the town that you live in got a lot of people with a lot of money. You got a lot of it. I’m more comfortable with some folks with a little more in town, but I still bank at a bigger city, just in a different city than the one I live in. That’s just my personal view. The town you live is immensely wealthy, the people there are immensely wealthy. I personally have some good friends who live there, they are the one bank in Dallas and they all just bank there. (???) [2:08:09]
C: Okay, that helps me because we are known in the community because we own a business here and that’s my biggest concern, was the safety.
DC: And again, you’re comfortable because you’re amongst others, but a lot of towns don’t have that kind of wealth. And so, therefore, again, that’s why you kind of gauge how much is… The way DC guy’s brain works is this: okay, how much would an average well-to-do doctor or attorney or business person have in their account if they were doing quite well for themselves? Okay, good. That’s the amount I would keep in the town. That’s how my logic works. Because their most successful doctors, successful attorneys, most business people on there, therefore you would not differentiate yourself that much from others. Again, this is DC guy’s theory. I’m sure banks are going to get mad at me, but again, you’re only drawing attention to yourself by being the richest person in town.
C: That makes sense. That really helps.
T: All right, guys. Pam is calling time. She says, “Time, time, time.” It’s over. DC?
DC: Guys, everything is very, very good. Just like I said beforehand, just sit back and smile, that’s all I’m going to say.
Pam: I’m going to say: you need to trust yourselves. You guys have been listening to these calls for a long time, you picked up stuff that you don’t even remember that you’ve picked up. So, be calm, take your time. You have time and just trust yourselves.
T: All right, guys. Ray is not here because he’s flying. I hope he’s not here because he was supposed to be flying. All right. He obviously is not, but he would just say, “What Pam just said.” [laughter]
All right, well we’re telling you guys we’re extremely relaxed, comfortable, sit back and just waiting on the inevitable – and that’s a phone call, something saying “it’s over and done, do your job, send out the tweet, send out this, let it happen.” So, that’s in the next hour, the next 5 hours, the next day. I’ll tell you guys, before they were down to months, weeks, and days. All we’re hearing now is hours, whether it’s 24 or 48, 72, whatever it is, it’s hours from being over. So, I’m really relaxed. I’m not letting of the noise, that’s what it is – the negative, the bad stuff – none of the noise is bothering me at all. I can’t even hear it, not paying attention to it because we know what we know. And I think all of you guys should be relaxed and happy, planning your ten things and then planning your celebration, that’s what I’ll be doing. With that, enjoy your day, I’ll enjoy mine and hopefully I can talk to you later again today. That would nice, huh DC?
DC: I would hope so.
T: All right, talk you guys later. Thanks, Pam. Thanks, DC.
DC: Thanks, bro.