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DINARESGURUS.BLOGSPOT.COM_________________ _______

Wednesday, July 23, 2014

DAZ TIDBIT FROM TNT FORUM, 24 JULY

Daz: OK....HERE'S MY ONE "GO TO" PIECE CONCERNING THE INEVITABILITY OF A REVALUE. IT SHOWS IN NO UNCERTAIN TERMS THAT THE DINAR HAD A RECOGNIZABLE INTERNATIONAL VALUE (STATED IN SDR'S ABOUT 70 CENTS LESS THAN US RATE) THROUGHOUT TRACKABLE HISTORY CONSISTENTLY UNTIL THE COALITION OF NATIONS BEGAN THE LIBERATION OF IRAQ. AT THAT TIME "THEY" DEVALUED THE CURRENCY AS PART OF THAT EFFORT...THEY TURNED THE MONEY OFF.

 WHEN ALL THE DUCKS ARE IN A ROW, THEY WILL SIMPLY TURN THE MONEY BACK ON AT A RATE ADJUSTED FOR TEN YEARS OF INFLATION. THE EVIDENCE AT THIS LINK IS SELF AFFIRMING.
http://www.imf.org/external/np/fin/tad/exportal.aspx?memberKey1=460&date1key=2014-06-30&category=EXCHRT

WICH ARE THE MOST DEVALUED CURRENCIES?, 24 JULY

Which are the most devalued currencies?

Devaluation is a reduction in the value of a currency with respect to other monetary units. In common modern usage, it specifically implies an official lowering of the value of a country's currency within a fixed exchange rate system, by which the monetary authority formally sets a new fixed rate with respect to a foreign reference currency. In contrast, (currency) depreciation is most often used for the unofficial decrease in the exchange rate in a floating exchange rate system.
There could be many motives of the devaluation. It stimulates exports of commodities, it restricts import demand for goods and services, and it helps in creating a favourable balance of payments. Almost all the countries of the world have devalued their currencies at one time or the other with a view to achieving certain economic objectives. During the great depression of 1930 devaluation was carried by most countries of the world for the objecting of correcting over-valuation of currencies. For some weak currencies, devaluation is a process without end that leads to completely worthless currencies, such as the ones below:

 Currency        Country 
1- Rial          Cambodia
2-Guarani        Paraguay
3-Guinean Franc  Guinea
4-Kip            Lao
5-Rupia          Indonesia
6-Rial           Iran
7- Manat         Turkmenistan
8-Dobra          Sao Tome and Principe
9-Dong           Vietnam


As Americans worry about the rate of inflation exceeding 4 percent, we should consider Zimbabwe, where the inflation rate broke the shocking 100,000 percent mark and the country released a 10 million-dollar note. Hyperinflation in Zimbabwe began shortly after the destruction of productive capacity in Zimbabwe's civil war and confiscation of white-owned farmland. During the height of inflation from 2008 to 2009, it was difficult to measure Zimbabwe's hyperinflation because the government of Zimbabwe stopped filing official inflation statistics. However, Zimbabwe's peak month of inflation is estimated at 6.5 sextillion percent in mid-November 2008.
Zimbabwe (2010s)
On 1 August 2008, the Zimbabwe dollar was redenominated by removing 10 zeroes and ZWD 10 billion became 1 dollar after the redenomination. On 16 January 2009, Zimbabwe issued a ZWD100 trillion bill (100,000,000,000,000 ZWD). A roll of toilet paper in Zimbabwe costs $145,750, which is about 69 American cents.
10,000,000 Zimbabwe dollar banknote

Guinea (2000s)

In 2001, Guinea-Bissau suffered a substantial slowdown in economic activity, with real GDP growth estimated at 0.2 percent, as a result of a sizable loss of foreign program financing, a drop in the international market prices for cashew nuts of about 30 percent, and delays in implementing the demobilization and pre-2000 domestic arrears settlement programs. In 2002, the mineral-rich African country refused to implement reforms mandated by the International Monetary Fund. The foreign cash dried up and the central bank printed too much money. The 10,000 franc banknote was valued at approximately $2.33.
Guinee 10,000 franc banknote

Sao Tome and Principe (2000s)

This island nation located in Africa, in the Gulf of Guinea. The country is composed of two islands called: Sao Tome and Principe and its currency is entitled "dobra". On 30 September 1977, notes were introduced for 50, 100, 500 and 1000 dobras by the Banco Nacional de São Tomé e Príncipe. In 1996, 5000, 10,000, 20,000 and 50,000 dobras notes were introduced, with the lowest denomination notes from the previous series being replaced by coins in 1997. In December 2008, the 100,000 dobras note was introduced as continuous inflation deemed the new denomination necessary. All notes bear the portrait of Rei Amador on the obverse, however, on the 100,000 dobras note is the printed portrait of Francisco José Tenreiro.
Sao Tome and Principe 100,000 dobra banknote

Indonesia (1990s)

The Asian financial crisis of 1997–1998 reduced the rupiah's value by over 80% in a few months and was a major factor in the overthrow of President Suharto's government. The rupiah had traded at about 2000–3000 rupiah per 1 USD, but reached a low of 16,800 rupiah per dollar in June 1998. The currency, which had been relatively stable in prior years, had its value destroyed. The government did not take any action to demonetise or revalue the banknotes, "Direksi 1998" merely redesigned the 10,000 and 20,000 rupiah notes. "Direksi 1999" saw a new Soepratman design for the 50,000 rupiah, replacing the commemorative note of Suharto, who had resigned after more than 30 years as Indonesia's president in the wake of the crisis. The banknote lineup was extended with a new denomination of 100,000 rupiah in 1999, by then worth about US$12. 500 million notes of the 100,000 rupiah polymer note were printed, to all be issued within a month of November 1999.
Indonesian 100,000 rupiah bannote

Yugoslavia

The Yugoslav hyperinflation of 1992–1994 was historically unique and significant due to its extreme peak and duration. At its peak, in January 1994, the monthly inflation rate reached 313 million percent, thus becoming the second highest recorded rate of inflation after the Hungarian hyperinflation of 1945–1946. In addition, the Yugoslav hyperinflation lasted 24 months.
The highest denomination in 1988 was 50,000 dinars. By 1989 it was 2,000,000 dinars. In the 1990 currency reform, 1 new dinar was exchanged for 10,000 old dinars. In the 1992 currency reform, 1 new dinar was exchanged for 10 old dinars. The highest denomination in 1992 was 50,000 dinars. By 1993, it was 10,000,000,000 dinars. In the 1993 currency reform, 1 new dinar was exchanged for 1,000,000 old dinars. However, before the year was over, the highest denomination was 500,000,000,000 dinars. In the 1994 currency reform, 1 new dinar was exchanged for 1,000,000,000 old dinars. In another currency reform a month later, 1 novi dinar was exchanged for 13 million dinars (1 novi dinar = 1 German mark at the time of exchange).
The worst inflation in 1993 in Krajina had forced its central bank to issued the highest denomination at 50,000,000,000 Dinara. This country was reincorporated into Croatia in 1998. Republika Srpska, a country beside Bosnia Herzegovina, also issued a similar bank note of Dinara Krajina.
Bosnia Herzegovina declared independence from Yugoslavia in March 1992 and use the first Dinar that different from Yugoslavia Dinara, in July 1992. The highest denomination was 100 million Dinara.
Hungary Hungary Hungary

Vietnam (1980s)

Vietnam became the latest Southeast Asian country to devalue its currency, as Asia's financial turmoil showed signs of pummeling even the most protected regional markets. The Vietnamese central bank allowed the country's currency, the dong, to slip to a new controlled rate of 11,800 to the dollar, a 5 percent devaluation. The bank allows the dong to trade within a 10 percent band around the target rate, and the currency fell to its floor of 12,980, an all-time low. The value of the biggest banknote in the country (500,000) is $31.37. Starting with the early 1980 the embargo of the United States stopped the exports from Vietnam, which lead to price controls and an abundance of dongs printed in the country.
Like China, Vietnam does not allow its currency to be traded freely on currency markets, so any devaluation is essentially a political decision. But markets played a role. Traders say that currency swap market transactions, which had been running at $8 million a day at their most active, have been less than half a million dollars a day recently. Many companies have hoarded dollars or arranged trades on the black market rather than exchange dollars for dong at the official rate, traders say.
Vietnamese 500,000 dong banknote

Iran (1970s)

In 1979, 1 rial equaled $0.0141. The value of Iran's currency declined precipitously after the Islamic revolution because of capital flight from the country. Studies estimate that the flight of capital from Iran shortly before and after the revolution is in the range of $30 to $40 billion. Whereas on 15 March 1978, 71.46 rials equaled one U.S. dollar, in July 1999, 9430 rials amounted to one dollar. The value of the Iranian rial is tightly controlled by the central bank. Iran's banknote with the highest denomination is the 50,000 rial, which is currently worth $5.35.
Iranian 50,000 rial banknote




World War hyperinflation

Historical examples of hyperinflationary periods
When a country experiences hyperinflation, the central bank prints money in larger denominations as the smaller denomination notes become worthless. In many cases banknotes are stamped to indicate changes of denomination, because it would take too long to print new notes and distribute them. By the time the new notes would be printed, the old ones would be obsolete.
Whenever people want to make a historical example of a hyperinflationary period, they always bring up the Weimar Republic, aka Germany in 1920-1923. Yet with a highest monthly inflation of just under 30,000%, Weimar was a true walk in the park compared to the 309,000,000% monthly inflation in 1992-1994 Serbia, but especially to the 12,950,000,000,000,000% inflation that Hungarians had to deal with in the aftermath of WWII.

Hungary (1940s)

World War II caused enormous costs and, later, even higher losses to the relatively small and open Hungarian economy. The national bank was practically under government control, the issue of money was proportional to the budget demands. By this time, silver coins disappeared from circulation, and, later, even bronze and cupro-nickel coins were replaced by coins made of cheaper metal. In the last act of the world war, the Szálasi government took control of banknote printing and issued notes without any cover, first in Budapest, then in Veszprém when Budapest had to be evacuated. The occupying Soviet army issued its own military money according to the Hague Conventions.
Hungary
The pengő lost value after World War II, suffering the highest rate of hyperinflation ever recorded. There were several attempts to break down inflation, such as a 75% capital levy in December 1945. However, this did not stop the hyperinflation and prices continued spiralling out of control, with ever higher denominations introduced. The denominations milpengő (1,000,000 pengő) and b.-pengő (pronunciation: bilpengő) (1,000,000 milpengő, 1,000,000,000,000 pengő or one billion pengő (long scale)) were used to alleviate calculations, cut down the number of zeros and enable the reuse of banknote designs with only the colour and denomination name changed. In the middle of 1946, the highest denomination of 100,000,000,000,000,000,000 pengő (a hundred quintillion pengő) was issued. Furthermore, a banknote of ten times higher denomination was designed but did not circulate, for 1000,000,000,000,000,000,000 or a sextillion pengő or one milliard billion pengő!

Greece (1940s)

Hungary
Greece suffered comparatively much more than most Western European countries during the Second World War due to a number of factors. Heavy resistance led to immense German reprisals against civilians. Greece was also dependent on food imports, and a British naval blockade coupled with transfers of agricultural produce to Germany led to famine. It is estimated that the Greek population declined by 7% during the Second World War. In 1943, prices were 34,864% higher compared to those of 1940; in 1944, prices were 163,910,000,000% higher compared to the 1940 prices. This was compounded by the country's disastrous civil war from 1944-1950.
Greece went through its worst inflation in 1944. In 1942, the highest denomination was 50,000 drachmai. By 1944, the highest denomination was 100,000,000,000 drachmai. In the 1944 currency reform, 1 new drachma was exchanged for 50,000,000,000 drachmai. Another currency reform in 1953 replaced the drachma at an exchange rate of 1 new drachma = 1,000 old drachmai. The overall impact of hyperinflation: 1 (1953) drachma = 50,000,000,000,000 pre 1944 drachmai. The Greek monthly inflation rate reached 8.5 billion percent in October 1944.

China (1940s)

Hungary
As the first user of fiat currency, China has had an early history of troubles caused by hyperinflation. The Yuan Dynasty printed huge amounts of fiat paper money to fund their wars, and the resulting hyperinflation, coupled with other factors, led to its demise at the hands of a revolution. The Republic of China went through the worst inflation 1948–49. In 1947, the highest denomination was 50,000 yuan. By mid-1948, the highest denomination was 180,000,000 yuan. The 1948 currency reform replaced the yuan by the gold yuan at an exchange rate of 1 gold yuan = 3,000,000 yuan. In less than a year, the highest denomination was 10,000,000 gold yuan. In the final days of the civil war, the Silver Yuan was briefly introduced at the rate of 500,000,000 Gold Yuan. Meanwhile the highest denomination issued by a regional bank was 6,000,000,000 yuan (issued by Xinjiang Provincial Bank in 1949).

Germany (1920s)

Hungary
In the early 1920s Germany experienced one of the most severe inflations of all time. The inflation was not apparent in 1920, but began showing up in 1921 and got steadily worse until it came to an abrupt halt at the end of 1923. At its worst in the second half of 1923, prices rose more than fivefold each week. From the middle of 1922 until the middle of 1923, prices increased by over 100 times. Measured by the price of food, prices were 135 times higher at the end of the period than they were at the beginning. Measured by how many marks it took to buy a dollar, prices were 222 times higher. Yet even this horrid inflation was mild compared to what happened from July to November of 1923, when prices increased by somewhere between a million and a billion times their previous level.
In 1922, the highest denomination was 50,000 Mark. By 1923, the highest denomination was 100,000,000,000,000 Mark. In December 1923 the exchange rate was 4,200,000,000,000 Marks to 1 US dollar. In 1923, the rate of inflation hit 3.25 × 106 percent per month (prices double every two days). Beginning on 20 November 1923, 1,000,000,000,000 old Marks were exchanged for 1 Rentenmark so that 4.2 Rentenmarks were worth 1 US dollar, exactly the same rate the Mark had in 1914.

Free City of Danzig (1920s)

The Free City of Danzigwas a semi-autonomous city-state that existed between 1920 and 1939, consisting of the Baltic Sea port of Danzig (today Gdańsk) and surrounding areas. It was created on 15 November 1920 in accordance with the terms of Part III, Section XI of the Treaty of Versailles of 1919 without a referendum. Danzig worst inflation in 1923 and issued the highest denomination of 10,000,000,000 Mark.
Hungary

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CONDOR & WILBUR GRODAN TIDBITS FROM STAGEALPHA FORUM, 24 JULY

Condor:Iraq announced on news that they have a new PM but would not devulge his name because they are waiting on US to give them the OK . The RV and PM will be announced at same time. Iraq gets to make the announcement but the US controls the timeline. It's still up to the US to pull the trigger. This could happen at any moment so be ready!
--------------
TIDBITS ABOUT MNT. GOAT POST:

CONDOR: Mountain Goat has called this before. Go back in history and look at some of the Goats posts. Not even close! What a joke. Tony and DC have given you the absolute best intel and you choose to follow the goat. Knock yourself out. Lol

WILBUR GRODAN: The volume of market evidence indicative of a big shift has been increasing geometrically for the last few days. Capital movement is exactly as expected immediately before an unexpected upheaval. These conditions are similar to what we saw just before the 1987 panic. It will be interesting to say the least

CONDOR: Thsnks Wilbur ! You have solid info based on the market . I'm following you

WILBUR GRODAN: This is the culmination of over three years of 'any minute now' head faking and false starts. This is typical of any wearing out process. The commodity/currency complex is poised to rapidly generate a big bubble as the world credit market sells the dollar off ("the hard way"). This is all very orchestrated and well planned.

Nothing to do with guru intel. Tonight looks very promising for activation of a GCR process. Live tradable rates tomorrow or FRIDAY appear to be possible based on massive internal market evidence.

CARDEN: I agree with you WG. Reading this post has me shaking my head and wondering who is feeding this "intel" to Mtn. Goat. For she/he certainly is carrying on with much ado about nothing.  This is the only statement I agree with: "THINGS CAN MOVE QUICKLY NOW AND WILL.

CONDOR: Thsnks for an intelligent comment Carden ! Appreciate your input .

CARDEN: Thanks Wilbur . I'll take your intel !

CONDOR: Trust what Tony and DC told you. They have been chosen to help with this and will be the first notified.

PATRICK WILLIAMS: True. Thanks.

DONA SKINNER: That about sums it up!  Everyone is out of step but the goat.  lol

CONDOR: The goat has called this before and been wrong . Go ahead and follow the goat to greener pastures . The blind leading the blind. Lol

EXOGEN INTEL SNACK AT 7:33 PM EST, 23 JULY

INTEL SNACK (7:33 PM EST)  Posted by EXOGEN on July 23, 2014 at 7:20pm

Fuad Masum, is the most likely candidate for the position of President Of The Republic

Deputy Party Talabani: infallible favorite to win the post of President of the Republic


BAGHDAD / obelisk: MP for the Patriotic Union of Kurdistan (PUK) Abdul Aziz Hassan, said on Monday that the leader of the Union Fuad Masum, is the most likely candidate for the position of president of the republic.

Hassan said in an interview for "obelisk" that "there is more than one candidate for the office of President of the Republic put his name or submitted papers, outside of the National Union, but this post will be of the Union," adding that "the most likely to be filled is Fuad Masum, according to preliminary indications" .

He continued that "the nearest competitor to the infallible, is Barham Salih," stressing that "the meeting of the Council of Representatives, for next Wednesday, will see the provision of a candidate for the presidency by the National Union."

The Patriotic Union of Kurdistan, led by Jalal Talabani announced on Monday the nomination of Barham Salih, Fuad Masum, the presidency of the Republic.

The head of the House of Representatives has declared Salim al, (Tuesday 16 July present), opening the door for nomination for the presidency in front of all citizens as of (Wednesday 17 July present).

And issued the Iraqi Council of Representatives, (Wednesday 17 July present), six conditions for those who wish to stand for the presidency, in a maximum of end of working hours on Sunday.

It is scheduled to be held Iraqi Council of Representatives, after tomorrow, Wednesday, to choose its fourth president of the republic, especially after he made a third in its previous designation Salim al-chairman of the House of Representatives and Haider al-Abadi and Aram Sheikh Mohammed, his two deputies.

EXOGEN July 23, 2014 Understand each president represents a different group in Iraq, based on constitutional law

EXOGEN July 23, 2014 This is why Talabani came to TOWN

IvanTulafitov July 23, 2014 at 8:43pm Ok ok ok so...... like, president gets elected, he then announces prime minestrone? Ok ok then we rv and never think about politics again hah!

EXOGEN July 23, 2014 THE PRESIDENT OF THE REPUBLIC ANNOUNCES THE PRIME MINISTER TYPICALLY OR THEY TAKE PLACE SIMULTANEOUSLY

Mr. Chen July 23, 2014  Let's go, Fuad Masum for President of Republic of Iraq! praying this happens tomorrow. no more delays please.

EXOGEN July 23, 2014 YOU STILL HAVE TO MAKE IT FORMAL

EXOGEN July 23, 2014 THEY ARE FOLLOWING A GOVERNMENT STRUCTURE MAKING EVERYTHING FORMAL BASED ON THE CONSTITUTION


1. SPEAKER OF THE HOUSE

2. PRESIDENTS, DEPUTY POSITIONS

3. PRESIDENT OF THE REPUBLIC

4. PRIME MINISTER

POPPY3 TIDBITS, 23 JULY

7-23-2014 Poppy3 MEETING TODAY IN GREEN ZONE OF BAGDAD DID NOT CLOSE TILL AFTER 9PM THIS EVENING. THEY CONTINUED AFTER THE OFFICIAL MEETING WAS OFFICIALLY CLOSED AT 4:30 PM.

THEY ARE THERE TO MAKE AGREEMENTS AND MOVE FORWARD IN AGREEMENT WITH WHAT WILL BE DONE TOMORROW...THIS IS AWESOME AND IS ALL POSITIVE. ...

I USUALLY DON'T GET THE INFORMATION TILL LATER IN THE AFTERNOON BUT THE SOURCE THOUGHT THIS WAS VERY TELLING THAT THEY WERE ALL STILL BEHIND CLOSED DOORS.

THE COMPLETION OF THE GOI MAY BE OVER AS SOON AS TOMORROW. THEY ARE MAKING PROGRESS AND PUSHING FORWARD, WOW... BE READY FOR THE END OF THE MONTH.

I4U CHAT WITH MARKZ: THINGS ARE GREAT!!, 23 JULY

I4U:

[MarkZ]
My one wish for you all is that you could avoid all the craziness and nuthouse smoke. The last few weeks have been some of the most BS filled I have seen to date.

If you can, put your dinar somewhere safe and enjoy life for a few days.

Great things will happen whether or not you are glued to the screen .... ;)

I may not be able to share details but I can tell you that a lot has happened. Go look at Rueters, look for recent articles about Zim going to gold and other gold backed news.


Things are GREAT!!!!! I will chat tomorrow evening with you all. God bless.

OKIEOILMAN UPDATE, 23 JULY

 .okieoilman] 6.37PM-7-23-14----GOOD WEDNESDAY AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS.

I HOPE THE INFORMATION FURNISHED ME JUST LATELY IS ACCURATE.

 I AM ONLY A MESSENGER.--


INFORMATION STATED TOMMOROW OUR BLESSING SHOULD APPEAR AND THAT ON FRIDAY THE 25TH THE PROSPERITY PACKAGES WILL BE GOING OUT.
~~~
  I HAVE RECEIVED SO MANY FALSE SCARES PREVIOUSLY THAT IT IS HARD FOR ME TO ACCEPT REALITY WHEN IT IS PRESENTED TO ME.

AS OF RIGHT NOW I AM VERY THANKFUL AND ANTICIPATE TOMMOROW AND WILL RECEIVE GRATEFULLY OUR BLESSING. AS ALWAYS----


TIME WILL PROVE INTEL---

MY DAUGHTER IN LAW IS IMPROVING BUT IT IS GOING TO BE A SLOW PROCESS TO SEE TO WHAT DEGREE HER MENTAL STATUS IS AFFECTED.

AS ALWAYS, BLESSINGS GALORE

IF AND WHEN CONFIRMATION IS RECEIVED ON VALIDITY OF INFORMATION FURNISHED----

WILL POST AGAIN-----

GONE FOR NOW

PAPAJACK UPDATE: THE BRICS ARE MOVING TO RV THE CURRENCIES WITHOUT THE CABAL, 23 JULY

7-23-14 Papajack: Good Morning everybody, when I was a new copilot at Allegheny Airlines a grumpy old ex WWII captain told me to remember that nothing stays too good or too bad too long. It seems that might be playing out now. It seems the BRICS are calling the Cabal's bluff and helping things along in our favor. I guess enough is enough and it is starting to show.
If what I'm hearing is true it is putting the bad guys between a rock and a hard place and calling their bluff. Some believe that is forcing the hand to making the RV public. If this is true no more stalling tactics will work for them.
Just watch the news and it appears many countries are jumping on the bandwagon and dumping the FIAT FRN's which are just paper with nothing backing them AKA smoke and mirrors of the FEDERAL RESERVE bankster system. This is very good for us.
The BRICS are moving to RV the currencies without the CABAL controlled system which messes up any stalling tactics they can pull. It forces their hand so to speak.
It seems everybody has given up looking to the US to help, they are the problem. There are a lot of politicians bought and paid for by the Cabal. That will be made public soon and the rigged system will become history but they had a 143 year run, now it's our turn. So just remember there are many GOOD people working behind the scenes to set things right. We already WON so just watch things play out.
So it's like the monkey said when he got his tail cut off, it won't be long now!!!! I'm thinking we will get a flyby soon. Blessings.
HINT, HINT, TRN's are the key, not Iraq.

I was told TRN's are in the banks all wrapped up until announced. 

MAMIROSE POST FROM TNT FORUM:BANK STORY, 23 JULY

TNT:

[mimirose]
My bank story...Went to my local (big 5) bank yesterday to have some trust papers notorized and asked the banker lady if they would be able to do an exchange at that bank when this happens. She said they were informed that there would be an announcement (in bank) and there would be locations set up for us to go to exchange.

Also as we entered the bank there was a new big sign that said they now have a "private client banker at this location". While we were waiting our turn to do our business, one of the bankers asked us if we were being helped. I mentioned the sign to him and he explained they were trying to get back to a more personal way of doing banking.

I said Oh, heck, I thought you were getting ready to do the Iraqi dinar exchange and he grinned all over his face and said Oh, we don't know anything about that. I said Of course you don't and he and I had a good chuckle.

Something is definitely going on and the fact that what the lady banker told me spoke more than she could imagine. VERY EXCITING!!

POOFNESS UPDATE, 23 JULY

POOFness for JUL 23: "mid-week"

HI ALL

SNUFFLES WAS RESTLESS YESTERDAY. SNUFFLES TURNED PINK FROM HOLDING HIS BREATH. SNUFFLES DIDN’T LOOK GOOD. SUSAN WAS CONCERNED SO SHE TOOK HIM INSIDE AND HEALED HIM UP, SNUFFLES IS BREATHING OK AND BACK TO A NICE PURPLE COLOR.

SNUFFLES WAS GRUNTING HAPPILY AS HE KEPT THROWING DARTS AT SOME PICTURES OF LEADERS. WILL BE FLYING TONIGHT.

THIS MID WEEK IS DEAD EASY.

JULY 20, RELEASE AUTHORIZATIONS IN EFFECT.

WE ARE IN A NEWS BLACKOUT. I CAN NOT SAY ANYTHING AT THE MOMENT PUBLICLY. PRIVATELY IS ANOTHER THING, AND MY FRIENDS CAN NOT STOP GRINNING
.....
SO BE READY FOR A FEW MORE REALLY BORING DAYS AHEAD CAUSE NOBODY CAN SAY MUCH.

RUMORS WILL ABOUND I THINK, AND MY DIAL-A-RUMOR IS GOING TO BE RINGING OFF THE HOOK. KEEP DIALING 6 FOR GOOD DEALS ON BATCH RUMORS.

IN LOVE AND LIGHT IN OUR SERVICE
ZAP

“GOD IS; I AM; WE ARE”
“BE GOOD, BE LEGAL, TELL TRUTH”

July 22, 2014
Copyright ZAP 2014

TNT CC NOTES, 23 JULY

TNT Call Notes 23-July-2014
Tony:   Good morning, TNT!  Today is Wednesday, July 23rd, 2014 and it’s National Hotdog Day!  We may all have to have one later… You in the chat room can explain later what kind you want to have, post pictures, and all the rest. 
We’ll have a good informative call today, because things are going on.  People are asking about PayPal, and they have changed it so that you can say you are making a donation.  That way they get a percentage, and they want their money.  Our guy will fix the donate page. 

I wanted to send out a tweet saying the light at the end of the tunnel is getter brighter every day, but I’ll leave that to DC.

DC:  East to west, as usual.  We were given yet another call to keep everything light and non-controversial because there is still more sensitive stuff going on. We can still give you some meat, just not the final stuff on top. 

Iraq still has all their people ready.  There are a few folks still changing, but the Presidency position is ready to go.  There was a bad bombing in Baghdad and that delayed Parliament, but we should still get some announcements today.  Parliament, CBI, border security are all ready.  ISIS is under duress and being dealt with.   Maliki is physically in Iraq, and would like the honour of doing the RV announcement, but will probably not get PM or anything else, so he is pushing on issues relating to the announcement.  

He is still around, just like our politicians who had a great deal of power still have a lot of influence, like Bill Clinton.  He hasn’t been in power for years, but still has influence by virtue of his personality, etc.  Iraq is ready to go and highly frustrated, especially the banks and the Qi cards.  That is causing a lot of grief because there are still different rates according to location.

The CBI is connected to all the banking systems, and everything is ready in Iraq.  They are just waiting on announcement times.

Tony:  They said they would announce the President this morning and now they are saying they will do it on Thursday or Friday.  They are announcing that on the news.  Yesterday they said there was a new PM, but didn’t say who it is.  This morning they went in to take the Parliament vote;  it was delayed two hours.  We are waiting for the results now.

DC:  The UN Security Council is happy with all the people selected, like they were last week as well. In DC, everyone is ready at the IMF and the UST, administration guys, Senators and Reps and committees have all been briefed.  

Law enforcement is ready, too, and the banks are all tooling up, even those who said they wouldn’t touch it until it’s actually announced.  They are paying more attention at least, although they haven’t made actual changes as yet.  Everything is nicely tuned up and waiting on the announcement of the RV and the Presidency and PM. They should occur at the same time or close to it.  There are official plans ready to be implemented, and we just have to see how those turn out.

Tony:  We are definitely NOT being controversial today.  Obviously things are great and we’re excited where they are.  We are only going to do a call for an hour.  Anyone who has asked a question in the last month, please put your hand down, and give other folks a chance.  We are letting the people in charge know what your questions still are.  We need to know at this point “What do we do when the bell rings?”  That is where you should be concentrating now.  

We don’t know about the plan and timeline yet, but those will come out, so you should be concerned about what you plan to do when that bell rings.

919 caller:  If everything is so good everywhere, primed and good to go, why are we not at the banks exchanging?  I know you are going to say that we are waiting for Iraq to announce it. What incentive do they have to announce, when they have a currency that they have been trading for months in the back rooms?

Tony:  You are absolutely right.  I’m giving you a dose of reality this morning.  Everything you said makes sense. What I need to say to answer that takes me into exactly what they have asked us not to talk about.  DC?

DC:  I can tell you the noncontroversial stuff and you’ll just have to figure out the middle part.  We know that all the people in line are happy. Parliament has to be seated, and they are working on that.  The CBI has done everything they need to, and they have communicated that to the world banking system.  They world banks say they are good, too, and then they ran a few checks by exchanging a few people, as tests.  That works well.  The UST assisted in that.  If all those people are ready and everyone’s playing nice, then I would argue that the next step is pretty straightforward.  We were asked to keep it light and I hate not answering your question completely, but we don’t want to be an excuse for someone to get mad.

Caller:  Everyone is frustrated, with the same reasons and excuses… in a circle.

DC: Sure.  It’s been a rollercoaster.  Let’s hope it all stays on track.

Tony:  Especially today.  We said certain things were supposed to happen, and they didn’t.  Then we can talk about it, after the fact.  It was supposed to happen last week, and they are saying WE are the reason it didn’t because supposedly we gave out too much information.  Now everyone seems poised on the brink;  there is always too much time between agreeing and doing.  I have an idea for that.  Usually, everybody get together, come back in, cooler heads prevail, they decide to do whatever, everyone goes and does what they are supposed to do, and five minutes before the end it gets screwed again.  

My idea is for everyone to get geared up, THEN have the meeting and immediately press the button and get it over with.  We do know some things have changed, even this morning (and we said, “Man, what took them so long?!”).  It’s a good day, guys!

817 caller:  [chitchat]  Although our attention has been focused back on Iraq, what are you seeing coming together regarding the TRN?  We have heard the TRN will only be used between banks and countries; if this is the case, we will be operating under dual currencies because I don’t trust the Fed not to print more fiat money.  Is this a holdup by the UST wanting to get their ducks in a row?  Please observe the 55mph speed limit in your speech…

DC:  The TRN or Treasury Reserve Notes… there will NOT be a dual-currency situation in the US.  There are notes that are associated with it, as investment-grade notes.  The entire TRN would be nice to have with the RV, but it’s not necessarily involved.  It’s no big deal, according to some senior Treasury folks. They have held off for a lot of different reasons, but that is not one of them.  We are not going over to yellow or purple dollars.  The real use of the TRN is for international trading and investments.

Caller:  If we are going to an asset-backed currency, and the FRN is monopoly money, how will that affect us going out of the country?

DC:  There are several who have this question.  TRNs are notes as in a mortgage or unsecured loan note.  The US dollar will still be there.  The Fed is not going away;  a dollar will still be a dollar and others will take our currency. 

There is a complication about going to the asset-backed currency and still using the Fed system.  What’s going to happen is the Fed pumping money into that system, and it will take six more months before there are zero dollars going into the system. The Fed will still be managing it, but there will not be as great a need tor the Fed to be as active in the market.  There will be more stability because of greater reserves in dinar, gold, etc.  

Other countries who have asset-backed currencies will make everyone feel really good about their currency.  There will be adjustments made to all the currencies.  We are talking about 1-2%, not much.  Also, the US will be expanding, as people consume more.  That will stabilize the world economy. 
These scenarios have been studied since the 1960s – how do you adjust for this kind of massive currency change. 

By bringing everyone up and make the US more stable with greater reserves and a greater economy, it will be a more stable economy with more people willing to accept the dollar.  The dollar will still be around, with a minor drop as other currencies rise.  A rising tide brings up all the ships, including the US. The Fed will still be around, but they won’t have to do as much work.
Tony:  After the RV, we hope to have one last call to let you know what to expect for the next six months or so.

832 caller:  I haven’t asked a question for six weeks.  For future investment, where should we read or do research, especially for currencies?

DC: I get business ideas by reading widely.  I read quite a bit of standard financial papers, worldwide especially for currency stuff.  I also read the London Times, the Financial Time, the Economist, and the WSJ;  those will give you a feel for where the world is going. 

 Then read in areas that you favour, like “Iraq is coming up, so I want to know more about their security and economy and political situation.”  There are really good currency-specific articles, and there are currency letters (by email) that speak the same language you are trying to speak.

Tony:  I don’t want to talk about what I look at because people will say I’m endorsing things.  I signed up for various letters, and every day I get emails about stocks, industries, and such.  I sign up and then I go and investigate.  You will be able to see the currencies that went with the GCCR and what didn’t.  This is going to happen a couple of times.  

There are another 11 currencies that will come behind this, and you can blow this one out of the water if you get the right ones.  They will make it a lot harder, but where there is a will, there’s a way.  You will have to do some work to figure out the connections – not what you know but who you know.  So look at that route…

Caller:  I’ll be 32 next month and one of my fears is just watching this money just go out, like the government keeps saying.   At my age, where would you put my money to get a secure monthly income?

DC:  I am going to divide up my money, after tax.  The taxman gets his check first.  Of the post-tax amount, I will divide it into several different piles:   5% for fun stuff, like cars.  The remaining will be divided into buckets.  One will go into a ‘grandmotherly’ conservative investment at about 4%.  If I want to earn $40,000 per year, then a million will have to go into that bucket to provide for basic needs like housing, food, a bit of travel. 

 Where do you find that 4%?  Look at munis in highly-rated states that are not in debt (not California).  I’d looked RNPs;  I’m looking into conservative ones that pay dividends. I’m also looking into blue chips that pay dividends and go on forever.  There are annuities;  I think I can do better than that, but those are good investments for a conservative play to cover expenses. 

 I’ll add a good amount there so I’ll have plenty to play with.  Then I’ll put the rest into middle-risk investments to (for example) pay for college or for my daughter’s wedding.  I’ll work with a financial advisor to place those funds I won’t need immediately.  I will also put money into high-risk programs like starting my own companies.  I can do that knowing my family needs will be covered.  I see it in blocks.  You need to have your monthly income covered no matter what.  Then I’ll need X amount for each child as they turn 18.  Then there are the high-risk investments.  Plus you should look into put money into different trusts that are totally separate from each other.

Caller: Thanks, and thanks for these calls.  They help make sure more of us do NOT fall into that percentage of folks going broke in two years.

Tony:  I like annuities for the average person, because I’ve never seen one go broke. They assume the risk;  they spread it out, yet give you your return. There are some going up to 10%, and I like annuities because they give you that monthly check.  They pay out in case of accidents, and you can use them just to double your current income.  It’s a low-stress way to use this money to create an income. There are many available throughout the country and you can do research on your own.

Forum:  What happened to the people who were guaranteed the higher rate it if didn’t come out in 30 days?  They were paid and they are happy.

Q:  Will there be a Canadian contract rate?  Our understanding is that you have to be a US citizen or resident for six months or more.

Q:  With the BRICS live, how long can the US system operate without imploding?  

DC:  I can operate indefinitely;  the US economy is strong enough to do that.  The BRICS system is like a BRICS IMF, basically funding their countries.  It was bound to happen, to give those countries coming up in the world more influence and power.  I am big believer in this RV resetting the world’s economies, but I’m bullish on those countries having the most dinar:  the US, the UK, China, Australia.

Q:  If we ask for the contract rate, what will the banks ask of us?  They will charge a flat 2% and afterwards, the money is yours to do with as you will.

Q:  Are baskets 1 and 2 combined?  How will we know when future baskets will go?  Who is going to be there to tell them to get ready?

DC:  Everyone has learned a lot from this experience;  they don’t want another five million people doing this again, so there will be a lot of restrictions.  They will limit the connections with ‘gurus’, raising the amounts required for accredited investors;  you will have to read a great deal to find out what is happening.

Tony:  It’s going back to the banks and the good ol’ boy network to get into this deal.  You should definitely do your homework.

DC:  You’ll just have to figure it out for yourself.  Once this leaks out, there will be a lot more credibility, and a lot more people will pile into it. That’s one of the reasons to keep people quiet, so that people who have been told in the past and didn’t buy it will go out and buy currency based on random information.

Tony:  After this happens, maybe those same people who scammed you out of your dinar and dong might try to scam others out of their new currencies.  Investigate and find out.

Q:  If the RV released beyond CL, Janet Yellen and CBI’s approval?  We won’t answer that.

Q:  Why isn’t the US helping Iraq?  We are helping, but we also have to let Iraq learn on its own.  Everyone is up in their business, and really they need to get out of Iraq’s business and let the figure it out.  Actually Iraq is maturing nicely.  After this goes, there will be much less interest in Iraq.

Tony:  Will people be going to Dubai, Kuwait or Iraq on vacation?

DC:  The amount of money pouring into that part of the world is amazing. Those of us who have visited have been amazed at the reconstruction. It also has a tremendous amount of historical background, so it will be a really neat travel area.

Q from HI:  Will we have to fly to the mainland as we don’t have WF or tier 1 banks here?

DC:  I asked this specifically, and was told that tier 2 banks will exchange for you.  If they are not treating you right, you might want to fly over to the mainland.

Q:  If we sign the NDA for the contract rate, what is stopping the PTB from taking it all from you later with the excuse that you have talked about the RV when you have not.

DC:  They have to prove that you talked about it.  You have to be able to take oath that, even if you’ve been asked, you have never talked about it, not even to your drinking buddies.  Just don’t talk about it to anyone.

903 caller:  I went into a WF bank in Alabama and talked to a private banker about foreign currency.  He asked what I have, and said that they will have nothing to do with it, ever.   He was  Texas gentleman, and he looked at me like I was an idiot and said it was a scam.

Tony:  It will be all right.  You’ll walk back in and he’ll be educated.  Unfortunately that is part of the growth process he has to go through.  Nothing we can do about it, but it’s almost over now.

Next caller:  Will all the big five banks have contract rates for both dinar and dong?

DC:  We don’t know at this point.

Caller: Thanks, and I pray that by the end of the season, you will no longer be responsible for feeding all the baby birds;  we will be out of the nest and flying like eagles. 
Oh, and what is a muni?

DC:  It’s a municipal bond that is tax-free;  Wikipedia has a good explanation.

Tony:  We’ll finish there.  We should have a good weekend.

DC:  Everyone is ready to go in Iraq and the US.  We understand they are working on a  plan and I hope it’s the final one.  We are back in the good graces of whomever, and we are on the list to help walk people through the first 10-14 days.  Other credible people will be on that as well.

Ray:  It’s been a blast, looking for this to wrap up, and post-RV, you can find me in the islands…

Tony:  We are hearing nothing but good information at this time.  There is a plan and everyone is happy with the plan.  They are determining the timeframe with a few tweaks to make this happen, so we will sit back and let it happen. We have more information and details that we are not allowed to give out, but everything we are hearing is great.  

It’s not done yet, because you are not at the banks, but if they can stop leaving so much time between release and implementation.  We were supposed to hear announcements today, they pushed it off to tomorrow, so we’ll see. If something happens, I’ll send out a tweet.  On that note, enjoy your day!