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DINARESGURUS.BLOGSPOT.COM_________________ _______

Saturday, May 5, 2012

BEAR POST, 5 MAY

A Re-post:

Post on 5/4
BEAR5642: OK JUST GOT THE CALL THE PROCESS HAS BEGUN nd he will not tell me when they will activate said he will call me later and forex is doing all currencies as we speak

Post on 5/5
BEAR5642:  OK GOT THE CALL IT HAS BEEN APPROVED TO BE RELEASED IS ALL I CAN SHARE NO RATE OR WHEN BUT BANKS WILL BE GETTING AND I FEEL NEXT WEEK IS PERFECT I HAVE TO GO I CAN'T ANSWER QUESTIONS BECAUSE.

BWM CHAT, 5 MAY

BWM] I can say this and please don't take this lightly.... I FEEL really GOOD about this week... 

[BWM] I had one of those days that I got information that was great and I even feel good about a date and rate...  you won't hear me put that out here but I feel good about it....

Forex trading hours, Forex trading time: New York opens at 8:00 am to 5:00 pm EST (EDT) Tokyo opens at 7:00 pm to 4:00 am EST (EDT) Sydney opens at 5:00 pm to 2:00 am EST (EDT) London opens at 3:00 am to 12:00 noon EST (EDT)

[djodyb] IF anyone wants my opinion I believe it would show in Iraq banks first.....like in a few hours.....then hit the forex in the evening when it opens......gives Iraq the ego to say "we are here" and lets their people be first.....but what do I know

[djodyb] jyburt today is saturday.......it is sunday morning in australia....nothing is gonna happen now.....not until tomorrow night at 5pm est when the markets open back up

Sovereign1] Can anyone think of a reason for all the gurus to be quiet at the same time without a mass hysteria in the offing? Hmmmm?

healthscans] But why is everyone being threatened when all their intel is wrong?

[Sovereign1] healthscans Maybe it isn't a threat ... maybe it is just a polite "Please stop posting until we are done so we can drop in the Rate code .. then talk all you want.

[Sovereign1] Maybe it is not a sinister thing ... maybe it is just cooperation.

fantasia] sweetpea Many WF bank officers have not been told the details except that they (WF) wasn't going to cash in Dinar. It just depends on what bank branch you talk to. Those who haven't been informed yet will be soon; including my son in law who works for them.

 It has been said that WF want to be sure to keep employee loyalty and not to purchase a lot of Dinar and then quit their jobs post RV. If that should happen it would cause major problems with WF or any other bank for that matter to carry on business with a greatly reduced staff.

nero] My sisterinlaw is a private banker for wells fargo and has emphatically stated the dinar is a scam. I wont give her a hard time after the rv because she will be upset enough on her own but she won't have the money to quit so im sure many employees will be stuck working

chillimac] nero there are pps in my life that i could not convince to buy , or invest in the dinar, if they did not respect my view on an investment and told me to my face it was a scam, then im am so sorry , they must not think much of me or what i stand for, thats the way i have to look at it

Serendipity] Look guys, if we know the rate and the date--which could happen if an intel giver spilled it, it's not speculation any more. If the bank tells the tellers to all go buy dinar, they are doing the RV, it's not speculation. It's insider trading. I don't agree with their methods, but....

telemar59] Does anyone have any idea what Bear posted on OOM?

[22:15:07] dinarmama7: I went to WF yesterday to open a NIBA (non interest bearing account. Made no mention of currency, just wanted a NIBA. 

Asked if it could be turned into a TAG account at a later date with a very large deposit. Was in and out in 15 minutes. Was able to use old State ID from AZ with address from NV, no home address whatsoever

[22:17:13] dinarmama7:  Took my son back today to open his, same, there was nearly a 2 hour wait of people opening accounts, but once his number was called, the same, he was out within 15 minutes. 

The same person waited on him that did on me, and she said, "Are you """"'s son? Remembered my first name. I had listed him as POD on my account. 

Every cubicle as full of people opening accounts on a Saturday. When we left nearly 3 hours later, there was still a lobby full of people waiting to open accounts.

fantasia] It is wise not to make any major investment for up to 3-6 months and then to only use interest from your principal amount. Was told ok to buy a home up to 1 million and a car....but be careful not to purchase anything that makes you stand out.

Like driving around a Bentley when you have only been driving a Ford Focus would get your neighbors in your community trying to snoop around in your biz. I assure you that is not something that you want.

Serendipity] fantasia Good point. Some people are saying to change all phone #'s and get new cell phone so people can't track you. Keeping this quiet is smart. It's why I'm not calling in RICH, but will quietly retire. My ex husband of enough years to let me retire passed and I don't have to wait til my birthday

DINARWISHES POST, 5 MAY

[DinarWishes] Many things have been said and if the truth is in them remains to be seen..Its kinda like this.. IF YOU HAVE A HAMMER EVERYTHING LOOKS LIKE A NAIL... People are concerned with this person being here or there or a Special Meeting.... 

By the way if its a scheduled meeting how "Special" could it be.... I hear ALL kinds of things that I dont repeat because to me what purpose would it serve.... I am However still sticking with my in a few days claim from Friday's post....

[DinarWishes] Guys you may have noticed a lack of intel as of late.... Thats because there really isnt anything to talk about.... Things are progressing and moving forward and We hope this isnt slowed... I dont see any reason for it to be slowed but if you were here then it wasnt supposed to go past last June... 

I do Feel this is so very close and yes I am waiting with a Cautious Optomism.... Stay Grounded and Focus on the things you have learned so You can Get the Best for Yourselves!!!! None of the "Gurus" will be waiting at bank locations to make sure you know what to do.... In fact I "By Law" cant tell you what to do.... 

So Educate your self NOW!!! It Will Cost you some time... But, there will be a cost either way... Time or Money.... You Decide which one it will be

BELLAGRITS POST, 5 MAY

BellaGrits] Hi, all, just a few words to hopefully keep you encouraged and know you are thought of.apologize for not being able to say much..you know if I could, I would.

I hope you know that about me by now. I admire your tenacity and your endurance....dunno if I were in your shoes how I'd handle myself-- honestly! 

Please be assured all things are very positive....nothing negative at all....Intel Providers are really not too frustrated; more so, because we know our position, only we can't share those things....

 [BellaGrits] that's the frustration. I am "so" trying to stay away from all the "HATE" words we made a list of one day...remember that? Imminent, delays, positive (oops, I used that) LOL anyway, CHEERS all.... take care and keep each others spirits high.....

sorry I haven't been in but have literally been on phone calls and cc's since 7am//13 hrs. total. Love and appreciate you all very much!!!! HUGS and KUDOS to the best Mods around!!! ~BellaGrits

[BellaGrits] YOU GUYS PLEASE BE CAREFUL ABOUT GIVING OUT YOUR PERSONAL INFORMATION, YOUR AGENDA, YOUR LOCATION, WHERE YOU ARE CASHING OUT...ALL THAT...WE SHOULD PROTECT EACH OTHER....OKAY?

[txtrkrwife] BellaGrits please say is going to be soon for real please please please

BellaGrits] txtrkrwife Y'ALL HATE THE WORD SOON? BUT I WILL SAY IT? IMO SOON....YOU CAN SEE THAT IN MY POST....OK?

[hopeful2] did ya'll see okies's post

[Bravo] What did Okie say??

[BellaGrits] Bravo catch it in recaps...a good post

[ddsnp] BellaGrits...I just concerned about okie because of the emails he said he had received...just don't understand why people can't see how much of a sacrifice that he makes & all of you guys who gather info 2 help us all...TYVM!!!

 [BellaGrits] ddsnp WE'VE ALL GOTTEN THEM...BELIEVE ME

[oldmanontheriver] I know there is a lot of people on edge right now, but I just feel this is very close.

 [BellaGrits] oldmanontheriver TIME TO BE HAPPY..
.

BANK STORY, 5 MAY

Yesterday a friend of mine was in Chase Bank, here in Arizona, cashing his check.  While talking to the teller he asked her about the Dinar.    

When she typed in Dinar these 3 countries came up.  Kuwait, Jordan & Bahrain.   The rate for the 3 of them in order was $31.77, 12.40 & 23.30   They were in the 1st basket!!!  

 So where is the Iraqi Dinar & the Dong?   My sources got back to me today since telling them last night and those amounts for those 3 countries are for real!!  

So where is the Dinar and the Dong?  It is believed by them that Monday or no later than Tuesday we should be able to cash in.  So these very high projected rates for the Dinar & the Dong are NOT out of line.

 Do not expect to see this on the ForeX when it opens on Sunday 5:00 PM EST.   The banks will lead the way. XXXXXXX

OKIEOILMAN POST, 5 MAY

OKIEOILMAN:  IT HAS BEEN SEVERAL DAY'S SINCE I WANTED TO MAKE "THE POST"-

I HAVE BEEN GIVEN STERN WARNING AND ADVICE FROM THE PTB TO KEEP SILENT ALONG WITH OTHER INTEL GIVERS. 

THE REASON GIVEN WAS WE WERE SO NEAR THE TRUTH THAT IT HAD AN ADVERSE EFFECT ON THE RELEASE OF THE DINAR BECAUSE OF SOME CHARACTERS TAKING ADVANTAGE OF THE SITUATION THAT INVOLVED NATIONAL SECURITY. 

I HAVE TRIED TO HONOR THAT WARNING BECAUSE I DIDN'T WANT TO BE RESPONSIBLE FOR ANY PROBLEM'S TO ANYONE.

SINCE GOING SILENT I HAVE BEEN RECEIVING MANY THREATENING E-MAILS FROM THOSE WHO THOUGHT I WAS --AND I QUOTE--THE ANTI-CHRIST--THE FALSE PROPHET--THE DEVIL INCARNATE--AND OTHER E-MAIL'S WITH LANGUAGE THAT WOULD MAKE A DRUNKEN SAILOR BLUSH

I HAVE REPEATEDLY STATED I WAS ONLY A MESSENGER AND NOTHING MORE AND NOW SOME ARE EVEN QUESTIONING MY CHRISTIAN FAITH.

 JUST BECAUSE THE INTEL CHANGES RAPIDLY IS THE ONLY THING THAT I CAN RESPOND TO THEM WITH (ALONG WITH A FEW CHOICE WORD'S) . 

CONTRARY TO MOST POPULAR OPINION ABOUT THERE BEING NO NEW INTEL AVAILABLE--LET ME ASSURE YOU--THERE'S LOAD'S OF INTEL --BUT NOT REPEATABLE--

BE COMFORTED THAT INTEL IS MOST POSITIVE AND THERE ARE ABSOLUTELY NOTHING NEGATIVE ON THE HORIZON.

 I AM AWARE OF THE NEED'S OF THE MULTITUDE ON THIS AND OTHER SITE'S AND I FEEL PAIN FOR YOU PERSONALLY BUT I DO NOT CONTROL THE RELEASE OF FUNDS NECESSARY TO MAKE OUR BLESSING OCCUR--TO THINK OTHERWISE IS FOOLISH. 


THE INTEL GIVERS ARE NOT TO BE HELD SO PERSONALLY RESPONSIBLE FOR ANY DELAY'S (WHICH NOW THERE AREN'T ANY).

WE ARE CURRENTLY IN A TRANSITION PHASE THAT INVOLVES MANY GOVERNMENTS WORLD WIDE AND THE VALUE OF THEIR CURRENCY. 

THIS PROCESS AS WAS TOLD TO ME TODAY IS FINISHED. THE TIME FACTOR INVOLVING THE R/V IS IMMINENT AND VERY CLOSE--


I WOULD TRULY LOVE TO REVEAL ALL THAT WAS SHARED WITH ME BUT AT THE PRESENT TIME I AM NOT AT LIBERTY TO DO SO---NOT TEASING ANYONE-

-JUST HONORING A MANDATE FROM HIGHER UP. GOD BLESS AND KEEP THE PRAYERS GOING UP---BECAUSE THE ANSWER IS SOON

DINAR GURUS UPDATE, 5 MAY

5-5-2012  Intel Guru BGG  CH 7 is not “done” and I kind of doubt will be with Maliki in control. That would be like the UN approving the next Adolf Hitler – they won’t do it. I also am not of the opinion that CH 7 has to be done for an RV to happen. In fact, I bet the RV happens, conditions improve and Ch 7 comes at some later date. JMHO

5-5-2012  Intel Guru BWM   the banks have all kind of "fun" things going on with the screens...and since business is up and running for the day, I'm guessing we're still waiting thru the day.

5-5-2012  Newshound Guru Kaperoni  [referencing article]  I see here is a clear explanation that the plan was to raise the dinar exchange rate to be equal to the USD in the year 2012.  That is good news for us. Just “when” is the question. IMO they need to do it now, if they plan to benefit at all in 2012 from that rate. Otherwise, why would they even mention Tariffs, or WTO, etc in 2012?

BGG FLASHBACK POST , 5 MAY

Our Dinar Update May 5th

Posted on May 5, 2012 by BGG 

Hello Updaters!! AWESOME news today!! The *** Flashback *** and *** Rumors *** will be “light” today, but *** Chat Comments *** section is PACKED with great stuff and there is an extraordinary amount of *** Current News *** to comment on. I hope you like the Blog – BGG

*** Flashback ***
As some of you may know, I have been talking for several months about Maliki’s rapidly eroding powerbase (long before I had the thought he could lose his job). I spoke of this on several calls and have written about it numerous times. When I started to see these “whirlwind” tours of Iran, Syria, and other places in the Middle East I talked about Maliki out looking for some new friends and trying to stir up some support. His powerbase was starting to wane (from within) even back then.

One of the big reasons for this trend was HIM – basically. Let me explain – from way back it has been his standard MO be divisive and try to get his enemies arguing about anything but him – rarely had the “blow back” gotten on him. For instance, during the meetings right around the end of SOFA negotiations and talks over “immunity for US advisors”…the plan had been to get him to the discussion over these topics and deal with him on the “powersharing” of the GOI. However, Maliki, knowing the general distaste for the US – skillfully got everyone in the room arguing over this “immunity issue” and arguing amongst themselves as well. That took the heat off him.

This is his stock-in-trade and is the formula for running a government from the minority. If they are arguing between each other they have no time for him. This pattern may well be the biggest reason for his current demise – he was the “master of his own disaster” – so to speak. He took action against Al-Mutlag, against Al-Hashemi, against the Election Comission, against the CBI and in some cases, (behind the scenes) even against his own party members. Many times just to stir things up and get everyone arguing.

As I also mentioned recently the two things Maliki has woefully miscalculated this time is – his opponents have his MO figured out and are no longer taking the bait and the big difference since he successfully defended against his last “no confidence” vote (2006?) is how much quicker information and opinions travel on the internet now. It happens so much faster these days. Once the tidal wave of public opinion gets going – there is no way to stop it. In politics – here or there, perception is reality.

Pay close attention to the attitude and happenings in Maliki’s own National Alliance party over the next few days. If this goes the way I think it will – the vote won’t even be close.

P.S. Poppy was so excited over the last call and the info recently he didn’t sleep all nite and had to come over yesterday and have me help him get his Dinar Banker account verified – so he could live by the very advice we give!!

*** Current News ***

United States Alammerakh expressed no objection to this procedure 

اتفاق سياسي على دعم رئاسة الدكتور الجعفري بدلا من المالكي ضمن اتفاقية اربيل الأخيرة Political agreement to support the presidency of Dr. Jaafari, Maliki, instead of within the last convention of Arbil (this is a double title – important)

Informed sources said the Shatt al-Arab News Agency that there is a tendency to the five forces that met in Arbil a few days ago to support the prime minister, Dr. Jaafari, head of the National Alliance, instead of al-Maliki has not been implemented if the items listed and signed by them during the period of 15 days.

And these sources have confirmed that Dr. Ibrahim al-Jaafari is the Shiite Personal and accepted nationally and internationally, where it was all ready for the introductions and it remained to be replaced by Dr. Jaafari, Maliki only.

And has transferred these sources that the plan be used to replace the two persons only and will not be changing any of the ministries or other government sites in order to avoid any problems and Marqlat, they will be voting on the dismissal of al-Maliki and at the same meeting, Dr. Jaafari is no choice in this transaction, without raise obstacles or problems.

And these sources have confirmed that the United States Alammerakh expressed no objection to this procedure, provided that in accordance with the mechanisms of democracy.

http://translate.googleusercontent.com/translate_c?hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.shatnews.com/index.php%3Fshow%3Dnews%26action%3Darticle%26id%3D1847&usg=ALkJrhjHdQaaMhiH01AFestvWQWnjAS2Hg

This is the “humdinger” of the day!! The National Alliance (Maliki’s own party) was saying they needed to pick a replacement to Maliki two weeks ago “before it was too late” – it appears they have made their choice. According to the “double title” the choice seems OK with Washington as well. As I have said, pay close attention to the National Alliance – there are several factions within the NA - as they go – Iraq goes.

Representatives of the “Supreme Council” Hall left the meeting, “National Alliance” yesterday and waved to the Sadrists for the owners to withdraw confidence from it

“a source involved in the meeting of the “National Alliance” yesterday evening that the representatives of the “Supreme Islamic Council,” left the meeting shortly after the start when they found that the leader of the “state of the law,” Prime Minister Nuri al-Maliki supported by the alliance president Ibrahim al-Jaafari, “he wanted of the two communities signed a blank check authorized by the current crisis management approach to private sector. ”

http://translate.googleusercontent.com/translate_c?hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.altahreernews.com/inp/view.asp%3FID%3D8083&usg=ALkJrhjFewPRWYtb-EzprIaYL-QMm4rZSQ

This is horrible news for Maliki. He seems to be trying to consolidate within his own ranks and the two biggest groups within the NA (IISC and Sadr) just walked out of the meeting. Sadr did the other day in Erbil and the IISC (Hakim) “bailed early” because Maliki just wanted a “blank check” or “Carte Blanche” might be a better translation. Bye…

Parliamentary sources expect 2007 to adopt the draft law of oil and gas

Baghdad / Ahmed Abed Rabboo
كشفت النفط والطاقة البرلمانية على لسان عضو اللجنة عدي العواد عن وجود اتفاق مبدئي بين الكتل السياسية على إقرار مسودة عام 2007 كقانون نهائي للنفط والغاز، في الوقت نفسه استبعد خبراء نفطيون أن تشهد الأيام القريبة الاتفاق على صورة نهائية لهذا القانونRevealed the oil and energy parliamentary committee member for the San Uday Awad of the existence of an initial agreement between the political blocs to approve the draft of 2007 into law a final oil and gas, at the same time ruled out the oil experts to witness the coming days to agree on a final image of this law

http://translate.googleusercontent.com/translate_c?hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.almadapaper.net/news.php%3Faction%3Dview%26id%3D64886&usg=ALkJrhiwAF3jGBBNjgmnUZB9J9DkqZlBqQ

It has been long held by insiders that there won’t be an RV until there is an Oil and Gas law – this is how funds will are distributed. While I don’t see this as a major hold-up personally, it is a very good sign they are agreeing on it anyway. They have an Oil and Gas law on the books that will suffice – but a new revision won’t hurt. This may help soothe the Kurdish “hackles” too 


State law: Gulf newspapers attack on al-Maliki to try to block the progress Iraqi-Kuwaiti relations

The MP said the coalition Abbas al-Bayati said in an interview for “Alsumaria News”, “some Gulf newspapers and in particular the country, began a campaign against Prime Minister Nuri al-Maliki, because they want to obstruct the progress achieved in the Iraqi-Kuwaiti relations,” noting that “some countries Adsha rapid progress , understanding that serves the two countries as they try to stop it.

http://translate.googleusercontent.com/translate_c?hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.alsumarianews.com/ar/1/40810/news-details-.html&usg=ALkJrhge08tvfTxtAS3VY1kg4-wCn-X8jA

Awww – Boo Hoo. Maybe they are attacking him because he’s a thug and they don’t like him very much. Could it be the regular insults – the lies, the broken promises?? I got an idea – start small. Do one thing you promised. Start there. I bet if Maliki paid for the symbolic border markers like he promised that would get things off the ground!! Start with a little tiny gesture….

Economist: Cancel zeros – Entrance to save currency.

On this basis, a proposal may delete some zeros from the currency valid proposal to re-value the Iraqi Dinar.

http://www.alaalem.com/index.php?aa=news&id22=46709

This is a very, very good article and the first time I have ever heard this terminology used in an Arabic news feed. We’ve been talking about the need for Dr Shabibi to have a free hand in controlling inflation for a long time (ie. RV). There it is folks!!

Parliamentary Finance: Call officials from the central and the Ministry of Finance to deliberate on the Iraqi dinar exchange rate 

Baghdad / justice – Parliamentary Finance Committee confirmed its intention to call officials at the Central Bank and Ministry of Finance without specifying the functional  grades to see through them on the procedures applied to maintain the exchange rate of the Iraqi dinar compared with hard currency. A member of the Committee Secretary Hadi said that “the Finance Committee held last week deliberated on the Iraqi dinar exchange rate and measures the Central Bank and the Ministry of Finance … Committee asked for new data on the procedures applied.” Said Hadi that “the Committee will summon officials of the Central Bank and the Ministry of Finance for the procedures applied to maintain the stability of the exchange rate on the grounds that the House of Representatives on the control of the executive bodies. “He continued,” we will share over the adoption of the Bank and the Ministry of Finance of the proper solutions in the case of maintaining the exchange rate and foreign exchange procedures for sale in the auction day. ”

http://translate.google.com/translate?langpair=auto|en&u=http%3A%2F%2Fwww.aladalanews.net%2F

This article is not the “good news” it is being touted by various info providers. It’s good they are talking and the CBI needs input from the GOI as long as it’s not another “sneak attack” by Maliki’s cronies. I don’t even think Maliki’s bunch truly understand this either – if they do manage to wrest control of the CBI from Dr Shabibi, they will put significant CBI assets at risk of immediate seizure or suit by foreign creditors and countries. They need to stay “hands off”.

*** Rumor Comments *** – May 5th

Rumor – [Millionday] Yes it is Tuesday this week coming (National Conference meeting)

I cannot debunk this – because it is true. It is Tuesday this coming week – however, that doesn’t “invalidate” everything else I have said about it. Why in the world do you think I was so adamant about having a “Guaranteed Reserve – during the call on Tuesday”?

Rumor – The banks worked overtime with processing and we are in the right place for the event to happen

The main thing I disagree with in this vague rumor/hype is that the banks have long since been ready (there are no “glitches”). I do have contacts and they spent BoKu effort and dollars on this long ago and aren’t too happy about it now either. I agree with being in the right place. Now how about the right time?? Hmmmmm 


Rumor – Chapter 7 is done….we believe – it has just not been announced 

CH 7 is not “done” and I kind of doubt will be with Maliki in control. That would be like the UN approving the next Adolf Hitler – they won’t do it. I also am not of the opinion that CH 7 has to be done for an RV to happen. In fact, I bet the RV happens, conditions improve and Ch 7 comes at some later date. JMHO

P.S. Maliki really stunk it up when Ban Ki-Moon was there for the negotiations with Kuwait and the Arab Summit – it could be a while on CH 7 yet…



FREEWAYBILL POST, 5 MAY


We have been notified that there are letters supposedly from Chase, Bank of America and Wells Fargo that have been sent out claiming that the RV is a scam. This notification comes from the highest sources in all banks and they asked us to forward this information.
Someone is trying to cause undo stress and confusion among the dinar community. Let me assure you that they are false and totally disregard if you hear about them or get one.
Please forward this information to all of your dinarian friends…
Thanks, and of course, GOD BLESS
Freeway Bill

INTEL4U CHAT , 5 MAY

daniandquin] Our selfless intel providers have dedicated thousands of hours to getting intel. when they are told something, they thoroughly vet that info with other sources and other providers, and if it's verified, then they tell us...... but that doesn't stop the PTB from suddenly changing something 10 minutes later

ekay12] Maybe Okie has been ask or has decided to be silent at this time for a reason.... I've noticed all the Intel providers have gone silent... I trust they are doing it for a good reason..

daniandquin] People, I will pull out my soap box once again. What is going on behind the sceens of this RV has NEVER been done before. It will signal a huge shift in the economy and world finances. and there are people , way up high, that are doing everything in their power to stop this shift.

[daniandquin] You have free will. Humans have the abilities to listen, read, and research and make a decision based on that

[badgerbill] daniandquin I agree 100% with you...their are lot's of extremely powerful people that run the world economy and money that post r/v will no longer have all the power...this will happen but 600 plus crooked bankers have either resigned or arrested!

[ekay12] I trust jonnywg, Bella, Soonerfan, Okie and some of the others... I believe they are persons of integrity... and are trying to help ... Yes sometime things don't pan out .. but I still believe they can only give us what they are getting.

[timeWILLtell] daniandquin dont put too much blame on the PTB, you need to ask yourself this. why would they keep puting this off for over three years ( thats when the predictions came into light) They havent, things have IMHO ever lined up to release a RV for many countries. Iraq is not the only one

[daniandquin] timeWILLtell very simply, because the "PTB" do NOT want this to happen. They have done everything in their power to stop this from happening.

[djodyb] dont look for intel today.....our banks arent open until Monday anyway.....If Bear's info is true it wont pan out until Monday or Tuesday anyway

[DrRod] daniandquin As I said yesterday and at other times, I am not upset with the gurus, it is what it is, we have chosen to follow their lead, read what they have and hope for the best but if we're realisteic we've got to admit tht their record hasn't been stellar to-date.

[daniandquin] DrRod and again, it's not that our providers record is bad- and oh, I will admit that they sometimes get fed bad info- it happens. But when you have very powerful people very high up doing everything they can to mess it all up..... sometimes it looks like our providers are holding an empty bag.

daniandquin] DrRod My opinion is based on intel from various providers, my own intel from different sources and from years of research.

telemar59] daniandquin do you have access to intel providers other than when they come into the room?

daniandquin] telemar59 yes

daniandquin] I know that it's very difficult for some people to understand the dark undercurrent that drives this planet..... Many people would prefer to believe that all is good and and that our governments work just fine, and the economy is "recovering"

[DrRod] daniandquin Thank you for your response. I've chosen to read things in various chatrooms and blogs... It's just that a bit of reality is needed for us... That's where the term stay grounded is so important for those of us who have been on this journey a LONG time. Many thanks.

[telemar59] daniandquin that is our situation we do not have any access to the intel providers outside of here and subsequently do not have the broader understanding that you do. We are not being negative just let down.

[daniandquin] telemar59 I completely hear you darlin'. Trust me I soooooo do!!! But everyone needs to understand that there is a lot going on that our guys can NOT tell us!!! They. Just. Can . NOT.

[daniandquin] diverdown things were explained- we were told that the intell guys can NOT tell us anything. They've been ordered to not say anything.

BWM CHAT, 5 MAY

12:51 PM [MRP] Cool I like to give teenagers the book, Richest Man in Babylon. Think it's a good teaching. Also, like the jars system from Secrets of the Millionaire mind. 

12:52 PM [MRP] BWM BOOM BOOM Shake the room!!!! 

12:53 PM [BWM] GOOD DAY EVERYONE...It's Saturday, and again this is the day that I "reorganize" all my dinar things... checking paperwork and such... I did go back thru all my lists for trusts/llc etc. 

I would suggest everyone takes some time and puts down in writing so you can sit down with your tax atty/private banker and outline what your needs are... 

On my personal planning sheet.... I have it broken out into vehicles / kids plans / house / LLC (new business) / investments (safest to aggressive) / family. 

The family account will feed the monthly budget (yes, we will still have a budget, it got me thru the bad times and I'm pretty sure it will the good times)

12:53 PM [collie] BWM any words of wisdon this fine day?
12:53 PM [MRP] collie I have one that my Dad told me when I was little, "Don't take any wooden nickels."  
  
12:54 PM [collie] MRP that works too.

12:55 PM [BWM] collie the banks have all kind of "fun" things going on with the screens... and since business is up and running for the day, I'm guessing we're still waiting thru the day

12:56 PM [docremeyer] Got to go, sports fans. One more dissertation to finish reading by Monday. I would love to tell you it is interesting, but it isn't. Research, to be valid, must be insanely rigid and technical; too much so to ever be entertaining. But, it culminates many years of very hard work...

12:56 PM [collie] BWM knew you had some good words of wisdom..you always do. didn't mean to press you for RV stuff..just like the wisdom you give this room. thank you.


12:59 PM [BWM] it's saturday, and again this is the day that I "reorganize" all my dinar things... checking paperwork and such... I did go back thru all my lists for trusts/llc etc. I would suggest everyone takes some time and puts down in writing so you can sit down with your tax atty/private banker and outline what your needs are...

12:59 PM [docremeyer] Wow. My son just walked in with this mongo sack of morel mushrooms. If you aren't familiar with them, they are a treat. Only grow in the wild around moist or bog type places, around deadfall trees. Anybody want to help rinse the dirt out and freeze some?

1:00 PM [MRP] docremeyer Brushing them is better, gets the dirt off without adding extra moisture.

1:01 PM [MRP] BWM Great guidance, Coach!!!!
1:02 PM [flaroadhog] anything new with dinar or dongs 

1:02 PM [MRP] BWM When you compared LLCs and trusts, what kinds of things were you looking for? How did you decide which ones to use? I've read books on both sides (LLC vs trust) and really don't see too much of a difference.

1:02 PM [BWM] on my personal planning sheet.... I have it broken out into vehicles/kids plans/house/LLC (new business)/investments (safest to aggressive)/family the family account will feed the monthly budget (yes, we will still have a budget, it got me thru the bad times and I'm pretty sure it will the good times)


1:03 PM [brsuperduty] BWM besides nice what do you think about the quiet hype period wer're expierencing

1:04 PM [BWM] MRP that would differ based on whether you have kids or such... there are protective ways not only make sure you protect your money but also HOW your family would have access in the event of some catastrophe

1:05 PM [MRP] BWM No kids. Just want to insure that Tolen benefits from my money/work, if something happens to me cause he helped me through hard times for many years.

1:05 PM [BWM] brsuperduty you know you just have your point in things that you just say well, we've done all we can do... and you depend on what others have to do for their part

1:05 PM [MRP] BWM I guess the better question is do you have to have a business intention with an LLC? Will a trust be more of a protective device for the future?
:07 PM [brsuperduty] BWM so true 

1:07 PM [MRP] Also, Scouts, please understand that we always tell you to get professional advice. I'm just trying to find out what BWM's thinking is on these subjects. I've always found him to be balanced and astute!!!

1:08 PM [BWM] MRP I will be using an LLC for a business opportunity... how that fits into the large plan will be discussed with my wealth team. I want to allow for future opportunities and flexibility in expansion as I do more gifting and building...

1:10 PM [MRP] It was really interesting. Because of my age (almost 60), knowledgeable friends were steering me toward trusts. But, my business partner's wealth manager friends were steering him toward LLCs and not trusts.

1:10 PM [BWM] DEVELOP A WEALTH TEAM (ACCOUNTANT, TAX ATTY, PRIVATE BANKER, ETC.) THAT HAS YOUR BEST INTEREST IN MIND... HAVE ENOUGH THAT YOU HAVE A SYSTEM OF CHECKS AND BALANCES... DON'T PUT ALL YOUR MONEY ON THE LINE WITH ONE PERSON OTHER THAN YOURSELF...

1:10 PM [drizz] MRP ~ I have a trust that will own my LLC

1:11 PM [MRP] drizz I have been reading about layers of structure like that. Thanks for sharing.

1:11 PM [BWM] MRP there are combinations like drizz just mentions... again, make sure your tax professionals understand exactly what your protection needs are

1:11 PM [drizz] MRP ~ control everything - own nothing

1:12 PM [MRP] drizz BWM Thanks for chatting about this. Many of our members have the same concerns, so I know when we post this in the forum, it will be quited helpful.

1:12 PM [BWM] drizz that's my ultimate goal... our monthly budget will be all that we "appear" to have to locals here
1:12 PM [drizz] BWM ~ absolutely!

1:14 PM [MRP] I really liked SquirrelInstructor's talk the other night and the websites SI directed us to. Gave us a better idea of what questions to ask and what to talk about with the wealth managers/private bankers, etc.

1:15 PM [sfmhi] BWM -    are we having class today? If so, got to get my thinking cap on...    
1:16 PM [MRP] sfmhi       
1:16 PM [MRP] sfmhi BWM's been talking about his Saturday review of his plans for post RV: BWM - 12 PM CST: http://3sintel.info/inde ··· st-5512/

1:17 PM [sfmhi] MRP -    hon    back to ya. Baking some scones. Grandbady wants blueberry scones. TY for the link dear. 

1:17 PM [BWM] I actually have written out a flowchart of all the items I need and how I "hope" they can work... then I will sit down with my wealth team and see what adjustments need to be made based on what is available... my main concern is simple... get the dinar cashed out into a trust or fund then distribute from there... I expect it will take a couple of weeks at least to finish planning... but I will have more than enough AT THAT TIME to WORK on the PLANS...

1:17 PM [MRP] BWM Are you still creating your original trust/foundation post RV?

1:18 PM [sfmhi] BWM - That's an excellent idea.... flow chart. Did a bunch of those in my career. Thought I would never do one again...
.    
1:18 PM [jerry] I have a question. Why do we need a tax attorney and an a cpa?

1:18 PM [BWM] jerry how much do you know about tax implication and issues about earnings and such...

1:21 PM [Cool] BWM I think we have to remember some of the people who are in this investment have no idea what a cpa does they never needed one before they just work for a check each week and paid their own bills , 

1:22 PM [jerry] Not much. I am 63 and plan on being retired. We did have a small home based business, but don't plan to keep it going.

1:22 PM [drizz] BWM MRP jerry ~ I don't want to interfere but I think it's really important to have checks and balances; for example, I will have an acconting firm keep the books and file all tax returns even though the bank wealth department may have the accounting and tax service. 

1:23 PM [MRP] drizz I had thought about having an independent accountant intuitively but now you've given me a reason why I felt that.       
1:23 PM [drizz] MRP ~ good!

1:24 PM [BWM] jerry not asking how much dinar you own (and please don't say here) but you need to understand that while an accountant knows the tax implications, they are not best suited for setting up trusts/llc's and such to protect your money for the future... and neither of them is set up to help you with FUTURE investments like a private banker/wealth manager would be... with great rewards come great responsibility and an entourage...    

1:24 PM [Cool] so much of this , is way over their heads , like me    but that is why you are so appreicated , by helping us understand , this is all going to be so new , we have lots to learn thats for sure

1:26 PM [jerry] BWM You are not interfering. I appreciate any advice you give. Is there abook or website that you would reccommend? 

1:27 PM [BWM] jerry and my reasoning for tax atty AND an accountant (some atty will be accountant) is for a check and balance between the two... no one person with too much responsibility for your actual funds

1:31 PM [jerry] Thanks, so much.

1:31 PM [MRP] BWM What if Folk don't have the cash to get a trust or foundation up before the RV occurs? How do they cash out, without having problems later?
having problems later?

1:32 PM [Dinarblessed] BWM Good point. And if i may add another reason. The hourly rate a tax attny will charge is most likely going to be a lot higher than a CPA.

1:34 PM [BWM] MRP I don't have it... but I have PLANNED for what I need to do afterwards... the bank will GIVE you the tax ppl/wealth managers (most banks require 250k USD some up to 1M for those) but as long as you move into a NON INTEREST account you can move funds (only tangible assets (cars/houses/etc.) are taxable to transfer) into other entities once you have them established...

1:34 PM [wittsend] Let me jump in here MRP if I may. Quick note re me Atty w?30+ yrs of experience in business areas. You don't have to worry about having the trust, etc. set up before the RV. Put the money in 1 or more Dodd-Frank checking accounts. Begin the process of having your tax/investment/asset holding 

1:34 PM [BWM] Dinarblessed as I mentioned another time.. the actual tax atty that I was going to pay for here locally to use.. is provided FREE by my bank

1:34 PM [mshaddie4] Mods - is BWM going to be in forum - was just there - but nothing from him?

1:34 PM [MRP] BWM Thank you. That has to be the most asked question about cash out.

:35 PM [MRP] mshaddie4 BWM - 12 PM CST: http://3sintel.info/inde ··· st-5512/
1:35 PM [wittsend] BWM vehicles after the RV if time and circumstances don't allow for them presently.

:35 PM [mshaddie4] MRP - says "sorry we could not find that"

1:36 PM [wittsend] I plan to have 3 accounts to hold the $ to spread the risk among 3 banks. i'll sort it out from there.

1:36 PM [BWM] wittsend I will have a seperate trust for each vehicle... so purchasing POST RV for sure

1:36 PM [MRP] mshaddie4 Are you signed into the forum. Because the link works for me.
1:37 PM [mshaddie4] yes - but I will double check...

1:37 PM [BWM] wittsend I will work with international/BIG 4/Regional-Local bank... each dealing with a different layer of investment strategy

1:37 PM [FIREPROOF] mshaddie4 http://3sintel.info/inde ··· st-5512/ I have clicked on it 3 times and it opens each time...

1:37 PM [FIREPROOF] mshaddie4 the one i just put in wont work but the one MRP put in does
1:38 PM [wittsend] BWM You have thought your strategy throughwell, grasshopper.

:38 PM [BWM] wittsend I will be as about as invisible as a ninja...

:39 PM [Dinarblessed] BWM Thanks. I keep on forgetting that we are now going to be treated like royalty.   
 
1:40 PM [oucrazy] BWM . . .it's quite obvious that you are heads and shoulders above the bulk of us in this arena. We dunderheads are anxious about how to protect this blessing with virtually no knowledge of who to trust. thnx for sharing.

1:40 PM [wittsend] I might suggest having your active investments in an LLC rather than a trust. You can have trusts run by the LLC, but using a LLC astructure permits a bit more flexibility for active trading investments than does a trust. something to consider anyway.
  
:41 PM [jamajacks] BWM I, and I am sure many others, so appreciate your input on this subject, as I have absolutely no experience in handling the amount of potential wealth. This is probably my only shot and my family deserves my best in research, study, decisions, and effort.

1:41 PM [BWM] wittsend I concur that multiple layers are important... and have that on the flowchart... I have 4 layers of investments A,B,C,D (depends on the rate for amounts) each one will be more aggressive with A being the safest

:42 PM [mshaddie4] fireproof - it says "ever feel like you are in the wrong place"

1:42 PM [BWM] jamajacks I love math... but besides that I'm pretty much like Jethro with a rope belt... just like to cypher

1:43 PM [jamajacks] BWM I must be looking in the mirror!    

1:43 PM [santafe] BWM... Have you heard about any problems investing in Canadian currency. Saw where one guru advised against Canadian money...??

1:44 PM [wittsend] BWM one thing for everyone to remember is that the Dodd-Frank account protection ends on 12/31/12 unless further extended by Congress. I say that so that folks don't waste time after the RV thinking that there is an abundance. it's ample time to get matters squared away, but be careful.

1:44 PM [drizz] BWM ~ To help be invisible, I will have land trusts for any property my trust or LLS purchases
1:44 PM [drizz] LLC

1:45 PM [gourmet girl] Bwm,r u going to cash out with general 64's group?

1:45 PM [BWM] santafe my concerns with the canadian currency would be how much it will be tied in fluctuation to the USD... I will see what happens in the first 30 days while setting things up... but I will have an international bank that also has branches in canada...

1:46 PM [BWM] wittsend absolutely... I expect to be done with most investment placements in the first 30 days or so...

1:46 PM [BWM] drizz my house and land will be in a trust setup... possibly seperate depending on what professional says

1:47 PM [santafe] Thanks GWM... Australian currency and hong kong dollar look stable along with Norway... DID YOU SEE the bric nations are forming thier own bank... Chile, Swiss and Norway may join them... IT is a real challenge to the US dollar.... Guess we won't be the world's reserve currency for long.

1:47 PM [BWM] gourmet girl I'm not planning on that... but like everything else, I'm flexible... I'm looking for the best rate

:48 PM [drizz] BWM ~ a land trust is really interesting - I think people should take a good look at them - just google land trust and you can educate youself

:49 PM [starwoman] BWM - Which banks do you recommend for international 

banking? Thank you.

1:49 PM [MRP] drizz Gonna do that this afternoon! Thank you.,
1:49 PM [drizz] MRP ~ good - it's just another tool that might be good for some

1:50 PM [BWM] drizz I certainly hope ppl are doing their homework... while I enjoy explaining and answering questions in here... it still comes down to WHAT IS BEST FOR YOU... each situation for each individual is different... and that's why I hope we've at least established a plan for each of you to do what you need to do....

1:51 PM [HumbleTexan] santafe With the right policies and leaders, I wouldn't toss the US into the trash bin as of yet.

1:51 PM [starwoman] MRP - So great to see you hear, hope you are feeling better!    

1:51 PM [wittsend] BWM One other consideration: you want to stay sufficiently liquid in your own name or jointly with your spouse to enable you to command services promptly by those with whom you transact. My thought was keep roughly 5-10% of your holdings as such, (to quantify,maybe 5 mil or so)available on short

1:51 PM [MRP] starwoman Yes, I am. Making good progress.

1:52 PM [drizz] BWM ~ that's what I love about this site! You've done a great job with educating people - they just need to take responsiblity and do it!

1:52 PM [santafe] HumbleTexan... Just waiting for those leaders to appear...lol
1:52 PM [wittsend] notice or use.

1:52 PM [BWM] starwoman that would depend on IMO what your plans are that way... some may not want to pursue that... but many german banks are considered the "safest" in the world.. but there are a number of choices that you could pursue... I hope to travel with the family more.. so I'm looking for one that has options in other countries that I want to visit so I can do business and vacation at the same time

:53 PM [santafe] BWM... Do you think foreign currency accounts located in US banks are safe, or is it safest to go to that country to open an account directly in that country.

1:53 PM [BWM] wittsend I'm working with a monthly budget fed by a smaller account... accounts feeding accounts basically... with the allowances for those to still be reached as necessary... yes, liquidity IS important... what good is having the money if you can't get to it

1:53 PM [gardener] This discussion really boils down to whether or not you know how much is in the exchange. ....The advisors I consulted (who manage billions) told me to wait and see if I would be dealing with 5, 6, or 7 figures. ........And I think that was pretty good advice. 

1:54 PM [BWM] santafe some of the TRUE international banks will require you to go to those offices to handle things (and have larger minimums) I've found most of those in NY but yes you may have to travel if you specifically want to transfer or "hold" money in another country

1:55 PM [dinarrv9911] BWM do you think we will be cashing-in at the banks next week?

1:56 PM [santafe] BWM . . . Yes I have seen the preponderance of banks that are located in new york.... HSBC seems to have more accessability... Do you know much about them... I know about 5 years ago they were planning on buying WF but it didn't work out.

1:57 PM [BWM] dinarrv9911 do I have a choice? I vote yes...but other than that I think we have continued to see progress and eventually they HAVE to show this internationally

1:59 PM [BWM] santafe santafe HSBC bothers me because of their past somewhat... but I will revisit them

:59 PM [santafe] I know ex-pat's from England... have accounts in other countries and pay for there purchases with a credit card from those accounts... However, I am wondering if they get charged a fee everytime they use the card if they make a purchase from another country (exchange fees).

2:00 PM [santafe] BWM, do you remember HSBC was the first and maybe only bank allowed to partner with a bank in Iraq. Don't know if they are still the only ones... Yes I remember they were in hot water a short while ago.
2:01 PM [BWM] santafe that's something I'll have to look for... 

:03 PM [starwoman] BWM - thank you for the info on German banks BWM. My understanding was that they continued to 'invest' in derivitives long after it was apparent that the house of cards was soon to crash. Made me wary....

2:05 PM [santafe] There are so many many many lawsuits filed against the big 4 banks for fraud, money laundering, etc.... that I really hate to leave my money there . . . Maybe I'll invest in some mason jars for the back yard, under the doghouse of my rotweiler>>> Good plan dont'cha think!!!

:06 PM [starwoman] santafe - great article on B of A in Rolling Stone (April issue). Made me    but it's good to be informed...

2:06 PM [BWM] starwoman there are different kinds of "safe"... safe as in nobody breaks into them and takes money... or safe they don't lose money on investments for their clients... one is insured, one is not

2:07 PM [santafe] Starwoman . . . yeah b of a has a settlement against by the department of justice, so now they have to offer loan modifications.. if you qualify... and they will possible take off some from the amount you owe...

2:08 PM [BWM] alright guys.. gotta grab some lunch and take some calls... will be back later on to check on things

2:08 PM [BWM] have a great afternoon and we'll see you later