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Friday, September 12, 2014

EXOGEN UPDATE, 12 SEPT

Exogen Clues:

Vinman: The final test of the limits of power.
Who's your daddy Iraq......NATO.
Checks and balances for the new Iraqi defense sales plan have been revised and are live.
SOFA and SFA are now completed.
Both the Iraqi Defense and Interior ministers are in place and functioning but are being kept hidden from the public.
Martin >Yes EXO needs to give a PSA (projected Santa arrival). I need to get milk and cookies.

EXOGEN > Martin Santa should have been here today at the time posted on yesterdays clock  (9:00 PM)

Lady Smarz > EXOGEN I was hoping you would say that because I was looking for Santa at that time.  Hope is still Alive.

Rico all the posting you did last night and then the post from tnt we all felt it was happening.  wow a let down.

EXOGEN > Rico... iTS HAPPENING RIGHT NOW GO READ THE BLOG

carol Sunshine,  How do you feel about today being a great day for dinarland? I was happy to see all the post by EXO I hope things are a go and, you have a great Friday :D

Sunshine62 > carol Carol. You know Friday is always a great day for an RV. We are certainly at the best place we have ever been, and personally I think we just could not get any closer!!  You have a great day too

DINARIAN77 POST: "BUY ZIMBABWE DOLLARS", 12 SEPT

9-12-14 Dinarian77: My personal friend Steve has been a broker for bank to bank currency exchanges for over 30 years. He's been one of my best friends during that 30 years. He called me up 3 days ago and asked me if I knew about the dinar, I told him I did.

Without hesitation he said, "buy Zimbabwe Dollars" as much as you can. I find it very interesting He didn't say, buy VND or Dinar. He fully expects the Zim to outperform all other currencies. He's looking at what these nations have in natural resources I guess.

This thing was supposed to go down last night, Obama was supposed to announce the new Iraqi government. He did not . . . the powers that be in Europe are delaying this as long as possible… The end of September is the back wall on this taking place. If it goes any longer than that, it's going to cause severe economic hardship in the US.

The powers that be in Europe do not want this to take place as it will mean they lose power and influence.  The longer it goes delayed the higher the stakes….That is all I have.

ARIEL TOLIVER POST FROM S3A: ALEXANDER CARMICHAEL CHAT, 12 SEPT

Derrenfracis: Arial, thank you for Carmichael's analogy, what are your thoughts, or anyone's direct answer on my questions. Does Iraq have the ability to pay for or redeem, buy back, and enough assest's for all the dinar that we hold, private or public.     

Arial Toliver: 11:10:00 AM] Alexander Carmichael: labor is finite … 100 people can only work so many hours and produce so much. Banks fractionalize on the labor of those people and create money on account … bookkeeping ledger money which only has value when redeemed by labor. I have been following all of this dinar stuff for a long time. If they value of the investment increases 10X … where is the labor to redeem that 10X … has the whole world gone crazy?
[11:12:16 AM] Alexander Carmichael: if there is 100 trillion dollars in circulation but there is only 10 trillion dollars worth of product to buy/sell … what are we to do with the remaining 90trillion?
[11:13:00 AM] Alexander Carmichael: repeat … has the whole world gone crazy?
[11:14:21 AM] Alexander Carmichael: has dinarianism turned into just another in a long series of false religions?
[11:15:47 AM] Alexander Carmichael: the RV is not about redeeming the dinars printed up in excessive amounts … it was for the purpose of breaking the hold of the Biush/Rockefeller cabal on the assets of the Middle East
[11:17:26 AM] Alexander Carmichael: did the investors in the dinars give equity money in exchange for the worthless dinars? Hmmm … I would prefer taking my chances in Las Vegas … at least the pit boss would give me a chit for a free buffet
[11:19:18 AM] Alexander Carmichael: hopefully the revaluation would tie a national currency directly to the GNP … what the people are REALLY producing. … and to break down the control of the central banks which are held privately … make the national treasuries strong … revitalize the national treasuries with equitable money
[11:20:23 AM] Alexander Carmichael: ALL MONEY IS FIAT
[11:20:51 AM] Alexander Carmichael: it is a MEDIUM … when you want to speak to the dead you go to a ‘medium’
 Ariel: I hope this answers your inquiry.

DINAR GURUS UPDATE, 12 SEPT

9-12-2014   Intel Guru DC      Bloomberg is announcing that certain countries have just gone through an economic change.  New York is happy on how this is coming together with the NATO coalition.  UN is happy because the Chapter 7 that happened 14 months ago is now being completed with the RV.   The UST is prepped and ready to go – they’ve been running tests.   Banks, security, call centers and exchange centers are all ready, not just the Big Four but also tier 2 banks.  They are being told they will be very busy on Monday.  Everything is ready to go.  Iraq has got the ball and can do this whenever they choose.  Everyone is ready on 2-15 minutes’ notice.  They are ready to celebrate in Iraq.  We have been this close before but not with this government.  People are already exchanging in the Middle East, and we are waiting in the US for the message.  [post 2 of 2]

9-12-2014   Intel Guru DC
  [via Adept1]   The CBI sent out memos to say that they are ready and are not waiting on any political action in Iraq or the world.  They sent out another memo saying that they are doing this at any moment.  They told everyone to get ready for it today...   The Middle East is already exchanging and there are a lot of happy people as some banks have jumped the gun and let people exchange. There are two different news reports saying the RV is tonight...  We’re getting that from two different, credible sources.  Iraq is still saying they can do it at any time they please, but in order to encourage smooth, lawful behavior, they are giving the world a little more prep time.  In Iraq the Parliament is working on a few minor laws, and pushing through the budget.   It’s not essential to have that for the RV to happen, but it’s important for Iraq.  [post 1 of 2....stay tuned]

9-12-2014   Intel Guru TNT Tony
   [via Adept1]   Yesterday, the time was supposed to be 10 am here, today. The time has been changed for the US.  We really believe we are very, very close, but let’s be cautiously excited.  [Are you saying for sure that Monday is our day?]   I’m not saying anything for sure!  You guys know how this works.  I’m saying on Iraqi television they have been telling them where and how to exchange, and that there are announcements are expected in the mosques.   All we have said is that there are celebrations scheduled for tomorrow and announcements in the mosques.  Egypt is exchanging, as we are hearing from family members in country.  Everything looks positive around the world, people are getting paid.  I think it’s going to be a superfantastic weekend that we have wished for.  All our contacts are excited in Iraq and other countries. 

9-12-2014   Newshound Guru tman23
   Saudi Arabia just announced they will reopen their Embassy is Iraq...As we all witness the Arab Summit 2 years ago held in Iraq...many of the countries called maliki an Iranian puppet and refused to send their top diplomats... So the Saudis reopening their Embassy is a HUGE positive sign..

9-12-2014   Newshound Guru BGG
   Abadi appears to really be doing right by Iraq...he passed on the Paris Conference to get these two critical Ministers seated - he's asking for them not to use the term "Prime Minister" any more - or "Commander in Chief"... just call him "chief Minister"... very interesting...

9-12-2014   Newshound Guru Blue
   ...this whole investment is contingent on Iraq's success...Abadi and his GOI are a breath of fresh air...

9-12-2014   Newshound Guru Aggiedad77
   Article:   "Finance parliamentary calls for the government not to merge Almoisntin for [2014.2015]  Still more talk about NOT merging the 2014 budget with that of 2015...probably a wise idea...even as the last few months of 2014 grind down...the interim committee on Finance continues to study and work with things...when will they present anything worthwhile to Parliament...maybe on the 16th.

9-12-2014   Intel Guru EXOGEN
   ...debt is being paid off!!! How can the US Dollar climb when our economy, and unemployment rates have not made any major moves...There is only 1 answer and this is what we have been looking for and waiting on...Gold will continue to DROP...the bonds you kept hearing about have entered the system...The Iraq currency auctions are about to come to a 100% Hault!!  Ain’t No Stopping Us Now.

9-12-2014   Intel Guru Mnt Goat  Technically they did announced the “fully” formed government of Iraq on 9/9...so where is the RV announcement?  All I will say is what I have been saying all along we wait for a formal (global) announcement to the public that the Iraq government is now fully formed and seated. Many of you asked me if a formal, public announcement is necessary and the answer is a big fat YES.  I want to emphasize once again this final announcement  of the IQD going international will not happen until the USA feels the Iraq government is stable, non-sectarian and is a functional government. This is has been the plan all along.  [post 2 of 2]

9-12-2014   Intel Guru Mnt Goat
     Today is Friday 9/12 and so far this week we witnessed the announcement of the "fully"  formed government of Iraq. At least this is what we were told. Abadi submitted his cabinet list to Jubouri on time. Parliament then voted and seated many of the ministers, vice presidents and deputies.  However in the voting process 6 of the ministers did not get confirmed (get the quorum needed). So to get around this Abadi can legally leave them in as proxy ministers much like Maliki did in 2010. But unlike with Maliki, Abide will adhere to a constitutional criteria that then gives him 7 days to resubmit new candidates for consideration again for confirmation. The process is all legal as long as he submits his candidates within this new timeline.  So he now has 7 days... until Tuesday 9/16...according to the constitution to replace these ministers with ones that parliament will confirm.  [post 1 of 2....stay tuned]

9-12-2014   Newshound Guru Aggiedad77
   Article:  "Kurdistan reveals near the formation of a committee between Abadi and Barzani to resolve outstanding problems From the sounds of things...the Kurds and Abadi are close to pulling together a committee to work on resolving Kurd differences with Baghdad once and for all...that would be some awesome progress and a real show of unity if they can pull this off....Abadi says he has learned of Maliki's mistakes and will improve things going forward.

TNT CC NOTES:LOTS OF STRATEGIES FOR EXCHANGING, 12 SEPT

T= Tony     DC= DC Guy      C=Caller


T - Good afternoon, TNT. It's Friday, September 12, 2014. It's a superfantastic day. It's a really, really great day. We have lots of info and we'll get into some really deep, good stuff. Great things are happening in the USA and in Iraq. Let's step back to Wednesday, DC. Let's start there. There was info we left out on Wednesday's call because it was hot and heavy and I was asked not to share. But today it different. We knew the RV wasn't happening on Wednesday. So, one of the major things that had to be accomplished on Wednesday, Qi Cards in particular, Iraq does things in a hierarchy. They went back in and loaded the system with new numbers/rates and doing it so it would be Basel III compliant. That's what we were waiting for on Wednesday. We knew once that was completed we'd be at another level.

DC - Let's get right into it east to west and chronologically: On Wednesday they started loading these cards up. The first thing you'll ask is "I thought you said they were already loaded?" Some debit cards in some account were not fully changed. That caused lots of trouble for foiks as they were loading them into a terrible 5-tier system. They reduced it to a 1-2 tier system and as of this morning that was fixed. They were being loaded at the CBI yesterday and Wednesday. Memos went out from the CBI to banks connected to them, Saudi Arabia, Dubai, etc. telling them to be prepared and that they were not waiting on any political action in Iraq or in the world. That was really bold for a central banker to say that to the world. A lot of other folks were saying they had to wait for the budget, other laws, etc. and the central bankers said "none of that matters." That happened Wednesday night and yesterday.

DC - Tests were done worldwide to allow some folks to cash out, in a testing manner to be the rest of us could do so successfully. They have prepped for celebrations and everything else. Anything else, Tony?

T - You're going to make a great politician - LOL! Before you go right up to today, how about the Security meeting?

DC - Sec. Kerry was in the ME helping build the coalition to fight ISIS/ISIL. He was there putting together those details and did a really good job. He was there yesterday and Wednesday meeting with Abadi and said wonderful things privately and publically about how well things have been organized in Iraq's new gov't. He pointed how much progress they made and how everyone is on the same page. Also, that they are cohesive with the Sunni and Kurds. Then he also said "let's get this economic reform moving." You'll be hearing a lot about this "economic reform" in the coming weeks. That's the phrase being used internationally online and in the news. Abadi and everybody else is saying "we're getting this done" and everybody is jumping up and down doing so. 

T - Economic Reform is the new term for revaluation.

DC - On the news there they've been scrolling during the news and normal broadcast that the coming revaluation is coming very quickly. They're describing the exchange process is you're overseas. They did the same thing last March when they were getting close. The detailed how to handle the 3-zero notes and told them to be cautious about exchanging them, making sure no one gets taken advantage of.

DC - They're going thru those instructions on the news, radio, websites, etc. It's even making it to the US Iraqi TV. 

DC - They told everybody to get ready for it today. They sent out memos it would go at 10AM this morning with those memos sent to banks about the US rollout plan. Those paying attention to the internet will see some in the ME are exchanging, with some banks jumping the gun a bit. How does this occur? The banks feel so comfortable they're basically taking their money and giving them receipts and credit. The CBI will credit them now. You can walk into some of those banks in the ME and do that now.

T - That happened because it was supposed to be at 10AM this morning. But the time was changed to…

DC - Tomorrow. 2 sources are saying the revaluation is tonight/tomorrow at 3AM their time. I find that hard to believe but that's coming from 2 different folks. Let's hope and pray that's right. My understanding from the latest calls is that Iraq has the right to do this in 10-15 minutes and they want this done right the 1st time. They're trying to giving everybody a head's up time to get their act together. They want the banking system and law enforcement to be ready. Those memos from Iraq are saying "we can do this anytime we please" but they want to give everybody time to prepare. They are prepared for this go at any minute across the world. 

DC - The budget is being pushed through but it's not super important for the RV. They haven't combined all the segments from the committee members but it's not tied to the RV. ISIS/ISIL - more airstrikes that were positive and more Sunnis are much more supportive of the GOI.

T - Okay, everything we're talking about will come out later this afternoon. We did not give the exact time and the fact there will be celebrations scheduled for tomorrow means someone else also has the schedule. It shouldn't make any difference this close. 

DC - Why we're giving this much detail is because (1) it's not threatening to anybody and (2) we've been this close before and somebody screwed it up. So stay calm and cautiously excited. We are immensely close.

DC - Why we're giving this much detail is because (1) it's not threatening to anybody and (2) we've been this close before and somebody screwed it up. So stay calm and cautiously excited. We are immensely close.

T - They're announcing on Bloomberg that some countries are going through an economic change. DC - On Bloomberg they're saying some countries made a big jump... this is not an indicator of the RV but that some countries on the edge are ready to go. T - These are countries we know are on the list for the GCR, so this is significant they put this up this morning. DC - These countries' currencies have been beat up a lot so this is significant.

T - Why would they do this on a Friday afternoon instead of Monday or mid-week? We shouldn't have to spell it out for you.


DC - They did plan to make announcements in the mosques this morning. Some just rolled their eyes and said "we've heard this before." But they are more optimistic and getting ready. A lot of European countries are ready for this because of the Urkainian-based sanctions against Russia. Scotland needs a shot in the arm. The UN Security Council in NYC is pleased with what's happening. The UN is happy with the Chp. 7 issues being completed, from all the way back in June 2013. The IMF/BIS is coordinating everything and tests are being completed. The UST is prepped and ready to go. They've been running tests successfully. Almost all in the Admin are supportive and happy to get this done. The boss (POTUS) is ready, Senators and Reps are eager for their mid-term elections and are strategizing how to spin this.

DC - Banks and call centers are ready. Banks are going to get aggressive to get this done. They are highly ready for this go thru and ready to get it done. Security is ready to catch more bad guys and they are told they are going to have a very busy day on Monday.

T - Before we take questions, I want everyone to hear me: I have done my job, my political job and this is as close to politics as I ever want to be. I just did my 4-year term - LOL!

Q&A begins…

C - Will we not hear from you after today? T - I think they're making a major mistake if they don't let us talk to you to help thru the process. It will be a major cluster-#$*%. Today would be an excellent day to ask DC about different scenarios ahead of time. We may get a 15-minute closing call, but I'd rather do a 2-hour closing call. I just don't know what I'll be allowed to do. If there is no NDA I will here the whole way with you. I cannot give you advice, but I can give you my opinion. 

DC - We do this to help everybody out and don't want to feel like we are abandoning you at the end. It doesn't have to be us, but we want to help everybody thru this process.

C - It's kind of scary they would let you go this far and then cut you off from us. Who would they turn us over to - the scary bankers? T - It is a scary situation because there are other people out there not under an NDA who will give you info to get them involved with them. Some folks made major mistakes over the last few years. They have a system but it's a concern. We could still come on and give you procedures.

C - You said on Wednesday if it's not happening soon, let's talk about exchange procedures. T - But I think it will happen soon. C - At one point rates were $38/IQD and $15/VND. What are the highest rates you see the dinar & dong going to in the marketplace? T - They don't want us to talk about date/rate. But as far as the availability of rates and procedures to get good rates, etc. those are all good questions for DC.

DC - The original plan has been that for a period of time, a pool has been negotiated with China and the UST for a contract rate. That pool is finite - a limited amount. How much is left depends on how many cash out. The NDA and tax situation for that pool will be challenging. Some people don't want to live under NDAs and other issues. There has been a change in that contract pool so many times, frankly it has changed in the past several days. We can't give that info out in case it changes again. There is a plan for a higher rate we're calling the contract rate that everybody can have access to while that pool is left. It had a very simple form: A = hi taxes, long NDA, B = mid-lower deal with medium taxes, C = int'l rate. That plan went away but came back. Even the folks implementing these plans aren't sure how they'll work. So everyone has to be flexible with their approach.

C - Did Tony say some contract rates will have lower taxes? DC - Yes, on some contract rates they were structured around income rates and might have lower taxes. Bottom line is we just don't know.

C - What would you (DC) do? DC - I'm going to get out my calculator and ask the rate for A and get the highest tax rate for my state, O'Care tax, state tax, etc. I'll have these already to go. I'll plug in A which is higher and B which is lower. Whichever comes in with the highest net is the one I'm taking.

DC - I'll walk it thru and do the math right there and make my decision. Some will have only 1 rate so there will be no issue.

C - What about reserves? DC - The latest info I have is that, say you get the highest contract rate tomorrow and you have reserves. They will not guarantee you that rate on those reserves because it could take a month. It will be rated at the time of the exchange. The contract rate will go down, based on how much is taken out of that pool. We don't know how much is left. It could take 48-72 hours or 10 days for everybody to work thru those rates in that pool.

C - What about caps? DC - We know caps do exist so some folks can't go in there an take the whole darn thing. It was originally set for $50M on the dinar. On the VNN we don't know.

T - There are some different levels for the cap. It's how much you can exchange at that level, not how much you can exchange overall.

C - Any chance the market rate will go up to the contract rate at some point? DC - Never say never, but IMO it will not go that high. I expect it to be erratic when it floats. There is a lot of supply with all of us exchanging. The demand to buy it is with most gov't that have it. The hedge fund and financial guys will pay 20% over the CBI rate and see where it goes. Over a period of time, from 15 days to 6 months, they will let it float and have free reign, then manage it closely to what other ME countries are trading at. They question is how much time they will let it float. They want to cushion that so it's not as volatile as the Kuwaiti dinar was. It will float based on supply and demand.

DC - Most of the banks will have the ability to sell into the market or direct to the UST or Treasury. They will be adjusting during their normal times during the day.

T - For those of you complaining to Pam, she was asking good questions that everyone wanted to know and we wanted to talk with you about today. It's not she took too much time - she asked good questions. And, I talked with Okie last night. He's doing fine. He had the flu but is doing fine now.

C - So are you saying Monday is our day? T - On their TV for the last 48 hours they are telling them how exchanges are going to happen. Announcements and celebrations are scheduled for tomorrow. Some in other countries are exchanging because they were told it was happening this morning at 10AM.

C - When will we get the 800#s? T - The perfect scenario is for it to happen tomorrow since the banks are closed. Their concern isn't the 5M people. It's with the 300K people in Dinarland and can they get them done in 72-96 hours. If they do it over the weekend they could get a lot of us done and no one would know. They could send us to off-sight locations, with appointments, and no one will know.

C - With that scenario we need 800#s! T - I think we'll have something. We have access to the largest number of people so it makes sense to give us 800#s.

C - Will all banks offer contract rates or just WF? Will there be contract rates on dong? DC - Some Tier 2 banks will offer those rates as long as they are available. Other banks complained.

C - Please clarify: you said 3AM Iraq time, which is Friday evening EST. DC - I was scheduled for 10AM Iraq time today and they didn't do it. There are several windows and it's up to Iraq when it gets done. They're trying to give enough people a head's up so it'll be as smooth as possible. T - There are celebrations scheduled for tomorrow and announcements are scheduled for the mosques.

C -Will you tweet the 800#s? T - When I get the 800@# I will tweet. I always have my phone so it won't be an issue.

C - As long as you are not under an NDA, can you give us options on the www.xxxxxxxx.com site? DC - That is a scenario we ran by them and they loved it. Then attorneys got involved and they didn't like it. So they changed it again.

(*fake site - not intended to be real…)

C - You said the IMF/BIS is coordinating again. Is that triggered by Iraq's timeline? DC - Yes, to be as least disruptive as possible. T - The release has already been given to the IMF/BIS, docs have been signed, etc. the path is cleared for them to be ready to flip the switch.

C - Are the dignitaries still there? DC - Some stayed until Tuesday but most went home. These are the people's celebrations they're talking about.

C - I'm a newbie who had a customer come into my store who is an Iraqi veteran. He told me his superior officers told them all to invest in the country to help them out when they restart. I'm trying to tell the listeners there are good and bad in gov't and I'm glad to be part of this.

C - He said some guys had a limit of $5K per person and some were getting court-martialed for buying too much.

T - Hopefully he's not holding Saddaam notes - they're worthless. C - I will see if has the right ones because he offered me some.

C - We live in the country, 2 hours away from a large city. When we get the tweet should we start our drive right away so we can get the contract rate? DC - It won't be hours, but days. Remember, how people are really paying attention to this? About 50K-75K. In the grand scheme that's not that many people. They have been trained to cash you out quickly - in 20 minutes. Most will be done in the first 48 hours. The major cities might have issues: Atlanta, Dallas, San Antonio, San Francisco, Charlotte, Los Angeles - all the places where there are military veterans, federal workers, and evangelical churches. In those areas it might be a day or so.

C - Should I keep my cell phone handy today, tonight, tomorrow? You have to pick. T - I can't narrow it down that much but it's going to be a great weekend.

C - If I have a not-for-profit holding dinar and I hold dinar personally, do I need 2 appointments? DC - You need 2 appointments.

C - When we get the 800# do we immediately call and make an appointment? Should I worry about not getting the contract rate? DC - We understand that the contract is first-come, first-served. T - If I go in and ask for the contract rate and I'm told it's no longer available, I wouldn't do my exchange at that time. I would watch the rate, watch the exchanger, and wait for the rate to get where I want it to be. When you call the 800#, you get the rate for the day of your appointment. With the exchanger (dealer) you get locked in to the rate based on your sell date.

C - Will the Zim be in the first basket? T - After that was asked on the last call, there was an article the rate of the Zim went up, probably because of all those dinarians. LOL! Yes, it will be in there.

(Current caller asked a VERY broad question about what Tony and DC have learned thru this process. They have been answering that for the past 15 minutes or so. Obviously not transcribed.)

DC - Everybody is really happy. Iraq has the ball and will do this at any time. They are ready and have cued up all the banks worldwide. Celebrations are scheduled for tomorrow. They've told TV this is happening tomorrow. All of this info is very public. Other countries have jumped the gun and started exchanging, especially ME countries with direct connections to the CBI. In the USA everybody is sitting on the edges of their seats, hoping this gets done on the timeline this weekend. If this is our last call, have a plan before you start spending! T - Everything looks positive. People are excited around the world. People are getting paid. Let's hope this is our turn. We want to be here for you, whether it's one more call or 7 more calls. We hope they will allow us to do that. Hopefully this weekend it's all over. If not, I'll let you know. Still gotta pay the bills! I think it's going to be a superfantastic weekend and this will be the weekend we've all waited for. Everybody we've talked to in Iraq are super-excited. We didn't give too much info, so we can't mess anything up. It's been my privilege to do this. I've met some superfantastic people during this. We have some very decent, hard-working people here. I hope we get to do something with you at this final piece. Let's see what happens. Thank-you to all of you! I'm anticipating another call this weekend. Have a great day. END OF CALL

SUNNY POST FROM TNT:TONY CC Cliff Notes , 12 SEPT

Sunny: threw this together quickly.  I have to get to a Doc appointment.  Will clean it up or work on it in about 3 hours.  Hope you enjoy.  I miss Dallas Diva "Meat of the Call"too.  - Sunny
DC:  "Everything is ready to go.  Iraq has got the ball and can do this whenever they choose.  Everyone is ready on 2-15 minutes’ notice.  They are ready to celebrate in Iraq.  We have been this close before but not with this government.  People are already exchanging in the Middle East, and we are waiting in the US for the message."
Tony: "Everything looks positive around the world, people are getting paid.   I hope this is over this weekend.  I think it’s going to be a superfantastic weekend that we have wished for.  All our contacts are excited in Iraq and other countries.  We didn’t give exact times, so we should be good."
The call started with a honky-tonk song called God Bless Texas!  Apparently today is Texas Day (according to Pam).  Tony wants it to be known that he did NOT choose this song!  Pam decided that TNT stands for Texas N Texans Rock.
On Wednesday, they reloaded the system with new numbers so that it could read everywhere, not just in one direction.   They did that so they would be Basel III compliant.  Once that was completed, we could go to another level.  DC?
DC:  They have now upgraded ALL cards to the new rates, as of this morning to be Basel II compliant and 1 rate inside Iraq instead of the 5 diffierent rates they’ve had
Bold memo’s sent out by CBI to around the ME and within Iraq who do business with the CBI to say that they are ready and are not waiting on any political action in Iraq or the world.  Sent out a 2nd memo saying they are doing this at any moment.  Memo’s sent out to US and world banks also.
Iraq is prepping for celebrations scheduled for tomorrow.
Kerry in Middle East to build a coalition to fight ISIL.  
Bloomberg is announcing“Economic reform” is the is the phrase we will be seeing on the television and international news.  Abadi said very clearly that Iraq is getting this done.
Tony:  Economic reform is the new term for ‘RV the money’.
Iraq has been scrolling across the bottom of the screen that the coming revaluation is coming in very quickly.  
Middle East is already exchanging and there are a lot of happy people as some banks have jumped the gun
Two different news reports saying the RV is tonight, and therefore 3 am their time.  We’re getting that from two different, credible sources.  So we’reputting that in the hope+pray box.   
Still are ready on the 2-15 minute pull, IMF will give them the option to go at any time..
Budget is not essential to the release of the RV
DC cautioned, “We have been really close before and something screwed it up
Bloomberg is announcing that certain countries have just gone through an economic change.  They worded it nicely, too.  On Bloomberg international, it says many countries have made a jump
Tony said to ask yourself, “Why would they do that on a Friday afternoon rather than Monday morning or midweek??
DC: Iraq did announce this in the mosques, and some rolled their eyes,but Abadi and others are being forceful about saying this is the final deal. 
It’s still undecided if Tony and DC can make a detailed, educating closing call.  They will do what they can.
OPTIONS ARE AT THIS TIME:
A = higher contract rate with higher taxes and NDA.                                          
B = middle contract rate with lower taxes and NDA
C = International rate with no tax or NDA.
The reason so many people are confused is because the people doing it are confused. Everyone will have to be ready to roll with the punches, because we just don’t know what those contracts will be.
DC said he understand that all banks, some tier 2 and the big four, will be offering contract rates.
Tony:  All we have said is that there are celebrations scheduled for tomorrow and announcements in the mosques.
Tony:  The release has been given to IMF, and they will say to Iraq “whenever you are ready to pull the switch” and then Iraq will do it.
EXCHANGE:  DC:  I don’t think the contracts will be that tight.  It’s more like days than hours.  

Exchange rates, contract options, tax implications, reserves, timing, etc were all discussed.  Very lengthy.  Suggest you read Adept’s transcript of the call under Conference Call notes.

OOMF CHAT WITH PAPAJACK, 12 SEPT

[Papajack] Good morning, it is being said that Egypt is exchanging at $3+ Intl rate but nothing here yet. We all know you know who doesn't want us to get it so be ready for anything. Pray that Good triumphs over evil and we get our blessing. However we have heard all of this before keeping in mind that the devil is still in charge of the US Corporation. Others are saying Santa is coming to town.

[Papajack] You know it is possible that we will have group exchanges for awhile before it goes public.

[Papajack] Nothing is for sure in Dinarland

[Papajack] It's like being Rodney Dangerfield, we get no respect.

[Papajack] Remember the USA is the last bastion of Cabal control

[Papajack] I can't wait for them to do the perp walk.

[Papajack] I'm gonna go make some calls I'm hoping we get some good info for the weekend
....

S3A CHAT & EXOGEN CLUES PICTURES, 12 SEPT

Stage3Alpha:
Falling oil price tilts political, economic balance in U.S. favor

Posted by EXOGEN on September 12, 2014 at 2:35pm

BY DAVID SHEPPARD AND RANIA EL GAMAL  LONDON/KUWAIT Fri Sep 12, 2014 11:08am EDT

Gasoline prices at a 76 gas station are displayed in Encinitas, California, February 19, 2013.

CREDIT: REUTERS/MIKE BLAKE

(Reuters) - The drop in oil prices to their lowest in two years has caught many observers off guard, coming against a backdrop of the worst violence in Iraq this decade, heightened tensions between the West and Russia, and sanctions against Iran
....
But as rising supplies of North American crude and tepid demand have pushed prices LCOc1 below $100 a barrel, the move underlies how the shale oil revolution is creating a political and economic advantage for Washington and its Western allies.

Russia and Iran are heavily reliant on oil sales and face budget shortages at current price levels, analysts say, weakening their position when negotiating over Ukrainian sovereignty or the Iranian nuclear deal.

And higher oil production from the United States as well as Canada is providing a buffer against the threat of retaliatory supply curbs from Russia or further disruptions to supplies from the Middle East.

"The increase in production is definitely benefiting the United States," said Professor Paul Stevens at the Chatham House think tank in London.

"The Russians are very exposed to lower oil prices. We don't know to what extent it will influence their behavior in Ukraine, but they're certainly going to feel pressure on their budget."

Russia's ruble currency has already fallen to a historic low against the dollar as its economy is hit by sanctions from the United States and European Union over its involvement in Ukraine. That increases the price Russians must pay for many imports, from vegetables to luxury goods.

Daily oil production in the United States has risen sharply since the financial crisis. In 2010 the country still imported half of the crude it consumed, but the U.S. Energy Information Administration forecasts that will fall to little more than 20 percent next year.

Even as the United States has largely maintained its ban on exporting crude, it has left a lot of barrels from West Africa and the Middle East looking for new homes. While U.S. energy company profits might take a hit from lower prices, consumers will benefit more from spending less at the pump.

For Iran, a lower oil price not only harms its economy, already hit by sanctions that specifically try to cut its oil sales. It also means there is less pressure on the West to reach a deal quickly over Tehran's nuclear program.

With oil prices falling, the immediate economic incentive of getting Iranian barrels smoothly back to the world market is diminished, analysts say, allowing Western powers more leeway to drive a harder deal.

Some energy analysts even say Islamic State, which has captured a number of oilfields in Syria and Iraq, will be hurt by lower oil prices as it is forced to discount further the black market sales that help fund the militant group.

"Recent advances by the Islamic State (IS) have disrupted Middle East politics and shifted incentives for key regional and global players," Bank of America-Merrill Lynch analyst Francisco Blanch said this week, arguing that U.S. ally Saudi Arabia may be comfortable with lower prices.

"Lower oil would hurt IS, Iran and Russia, but help the West," Blanch said, adding that he saw the breakeven price for Russia's budget at around $105 a barrel.

OPEC REACTION

For Saudi Arabia, the world's largest crude exporter, lower prices may create some short-term budgetary pain, but observers believe the kingdom is willing to absorb the impact as it does greater damage to regional rivals such as Iran.

Saudi Arabia has said for years that it will supply the world with the oil it needs.

"Have you ever seen me concerned?" Saudi Oil Minister Ali al-Naimi said on Thursday in Kuwait when asked whether the price fall was worrying the kingdom.

"This is not the first time prices change, they always change. It's a dynamic process," he told Reuters.

Other Gulf delegates attending a meeting of oil ministers from the region said the price drop was unlikely to spur action from the Organization of the Petroleum Exporting Countries (OPEC) unless crude fell below $85 a barrel.

"It is a fact which is bound to focus minds in the Gulf and in wider OPEC but we also need to remember that this follows many months with good prices from their point of view," Samuel Ciszuk, senior adviser on energy security to the Swedish Energy Agency, told the Reuters Global Oil Forum.

Saudi Arabia is likely to "micromanage" supplies at it has for a number of years, Ciszuk said, but it was unlikely to push for an official OPEC supply cut.

While U.S. oil output has been rising fast, part of the big jump in supplies has come from countries that remain at risk of supply disruptions, including Libya and Nigeria.

"No fundamental improvement in the stability of those countries has actually taken place, which means that the added supply is extremely vulnerable," Ciszuk said.

Libya's oil production has rebounded to more than 800,000 barrels per day, the National Oil Corp said this week, eight times the amount of just a few months ago.

But the increase, which followed a deal to end a near year-long rebel port blockade, has come at a time when the government is losing control of the country, with an armed group taking over the capital Tripoli last week.

For now, however, the U.S.-led surge in supply and weak demand have seen traders start to store additional barrels as they wait for prices to recover.

"Given the volatile situation in the MENA (Middle East and North Africa) region," the International Energy Agency said, "this is a benefit to global energy security."

**********

EXOGEN  Follow the CLUES!!!!!!!!!!!

Martin >Yes EXO needs to give a PSA (projected Santa arrival). I need to get milk and cookies.

EXOGEN > Martin Santa should have been here today at the time posted on yesterdays clock  (9:00 PM)

Lady Smarz > EXOGEN I was hoping you would say that because I was looking for Santa at that time.  Hope is still Alive.

Rico all the posting you did last night and then the post from tnt we all felt it was happening.  wow a let down.

EXOGEN > Rico... iTS HAPPENING RIGHT NOW GO READ THE BLOG

carol Sunshine,  How do you feel about today being a great day for dinarland? I was happy to see all the post by EXO I hope things are a go and, you have a great Friday :D

Sunshine62 > carol Carol. You know Friday is always a great day for an RV. We are certainly at the best place we have ever been, and personally I think we just could not get any closer!!  You have a great day too

************

INTEL CLUES & IMAGES 3:58 PM EST Posted by EXOGEN on September 12, 2014 at 3:58pm

Guesses:

FD September 12, 2014 at 4:08pm Europe has started exchanging through bank's wealth managers.  USA waiting.   Wow soon is our turn :)

robert private exchanges through bank wealth managers happening right now hopefully mon/tues public will be next

Larry Bush Private groups receiving phone calls and e-mails for the 800 numbers in the USA.

L T The private groups or public expected to go in 24-72 hours?

L T The private groups or public expected to go in 24-72 hours? Do the groups need to be done before public can go?

D.K.C. > L T I think all of Dinarland (Those paying attention) is considered a group

EXOGEN > D.K.C.  CORRECT

**********.

G T September 12, 2014 Clues......

Currency Exchanges have Started in Europe (CONFIRMED) through Banks Wealth Managers

United Nations Are FINISHED with The Balancing the GCR?

USA is Waiting for the Private Exchanges to Start

Should be Receiving #800s via Email & Phone Calls Projected in the NEXT 24 Hours

Defense & Interior Ministers will be voted on in Iraq on Tuesday!!!

**********

G T > The RV/GCR & The Vote in Iraq are 2 Separate Issues. The CBI was ready to release the RV either at 9AM (EDT)!this Morning or 9PM (EDT) last Night!!! They have Told ALL BANKS TO BE READY!!!

It could go to 72 Hrs.....But if their HONORING Bank Exchanges in the Middle East & Europe NOW.......You think They'll wait 72 hrs?????

I Don't Think So.....(IMO)    AND EXO's Clues say 24 Hrs

*************

Mr. Chen  some countries have already started exchanging in the middle east and into Europe confirmed by wealth management of banks

balancing of countries currencies for the GCR is finished

waiting in the USA for 1800#s and emails to exchange

USA projected to start exchanging in 24 to 72 hours

Everything is moving at a fast/top speed to completion

Department of Defense and Interior of Iraq will be voted on Tuesday

Make sure you have your defense mechanisms ready to avoid all the traps at exchange

There are many strategies and plans to have for the exchange process, look them over and find the one that's best for you

G T September 12, 2014 at 5:11pm

Additional Clues........

Make sure you have ALL Your Plans laid out

Be careful of ALL The Possible Traps they have Planned !!!!

MNT. GOAT UPDATE, 12 SEPT

9-12-14 Mnt. Goat: Hi Everyone. It is almost Autumn here in Germany. As I watch the trees begin to turn bright colors I began to dream already of the cooler days ahead. There are some wonderful fall time hikes up in the Alpines. We watch the earth change and begin its hibernation slowly and see the changes now already beginning. It won't be long before we begin to see the white dusting on the mountain tops.

This year we are going to the Munich Oktoberfest once again for some fun. Last year the kinder were finally old enough and so we enjoyed the time. Just the train ride to the city is fun too. Meine Kinder enjoy the costume parade coming on Sunday and Meine Hubby the beer (of course. My favorite is the gigantic pretzels and just being around fun people. So we are all excited. I certainly wish all you fine dinarians could meet us there and we could all celebrate something together as comrades this year. Do you know what this might be?

I come to you today to give you a recent update on the progress of the new government and how this relates towards the international roll out of the IQD for Iraq.

Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Please refer back to my news letter of  9/10 as this news letter is a continuation of this news.

Today’s NewsToday is Friday 9/12 and so far this week we witnessed the announcement of the ”fully”  formed government of Iraq. At least this is what we were told.

It seems now ages ago they made this announcement.

If you read the my news letter going back to Sunday 09/07 (LINK) I mentioned that even as Sunday was rolling around Abadi was still struggling to get all the proper ministers seated. At this time I told you then they fully intended to vote in Monday’s session and do it late in the day. Abadi had until midnight Sunday to submit his list of candidates to leader Jubouri for consideration.

They needed to meet their constitutional deadline of 9/9 to have the govt fully formed. How were they do this since many of the ministers were still under debate? Time had ran out. So they now were attempting to find a way to do it legally without actually having all the "final" ministers in place. I talked about the possibility of going down the path of a “de facto” govt.  This is what I was told from my government source in Iraq at the time.

The most important issues as to why they really, really needed to meet this deadline of 9/9 were to:

1) meet the constitutional deadline;

2) getting Abadi seated as the permanent minister from the designated minister (getting rid of Maliki out of the minister seat)

3) NATO and USA needed them to have a seated govt formed so they could begin work on ISIS. This new coalition could not support a terrorist government. What does this tell you about the Maliki government? What is the fate of Maliki? We will cover this in more detail too in future news. This is not yet over.....hint...hint...

So if you were in Abadi's shoes what would you do to meet all these requirements?

I will tell you what he did.

So this is what they did. It was a brilliant move by Abadi.

The final outcome was that Abadi submitted his cabinet list to Jubouri on time. Parliament then voted and seated many of the ministers, vice presidents and deputies.

However in the voting process 6 of the ministers did not get confirmed (get the quorum needed). So to get around this Abadi can legally leave them in as proxy ministers much like Maliki did in 2010. But unlike with Maliki, Abide will adhere to a constitutional criteria that then gives him 7 days to resubmit new candidates for consideration again for confirmation. The process is all legal as long as he submits his candidates within this new timeline.

So he now has 7 days according to the constitution to replace these ministers with ones that parliament will confirm. Actually one of the ministers resigned and said he did not want the job, but you get my point. The process is the same. The two most critical ministers are the Defense and Interior minister positions. These two positions remained as proxy ministers throughout the 2010-2014 administration of Maliki. If you have been following my news letters all along you know why he did this. Anyhow -the PTB are not going to let this happen again. They will not let this currency reform complete unless these ministers’ positions have permanent, well suited candidates seated. Many are telling you it is only two ministers but I know for a fact it is 6 ministers they are dealing with   Will they (can they) complete this by next Tuesday 9/16?

Technically they did announced the “fully” formed government of Iraq on 9/9 so where is the RV announcement?

Let’s now go back a requirement for the RV going international. All together now – let’s say it all together-

Begin Quotes

“Then when can we expect the RV?

All I will say is what I have been saying all along we wait for a formal (global) announcement to the public that the Iraq government is now fully formed and seated. Many of you asked me if a formal, public announcement is necessary and the answer is a big fat YES.

I want to emphasize once again this final announcement  of the IQD going international will not happen until the USA feels the Iraq government is stable, non-sectarian and is a functional government. This is has been the plan all along. They may have wavered a bit on how the plan was implemented but the overall plan guidelines have not changed.”

End Quotes

Have I been saying this all along? Can I be more clear?

I am getting emails pouring in on this topic. So I need to address this and help you understand. Most of you don’t know about these 6 proxy ministers and so I can understand the level of your frustration. Many are worried and can’t figure out why they will not pop the RV by now. They feel this way since they have been lead to believe that it was going to happen immediately after the government was fully seated. But it’s not fully seated and that’s my point!

Many intel providers/reporters are confused and tell stories as to why the RV has not yet happened. They are simply paddling up stream. They need to do this so they don’t lose credibility and you keep clicking on their site or dialing into their conference calls. They are making millions in profits by giving out this false/phony information to you. They tell you they are not making a dime but we know better. They then ask you to donate to their site too so they don’t even have to dip into their profits to pay for it.

They do this when they know very little as to what is really going on. They must tell you something. Some are telling you there are only the 2 ministers and they already have them confirmed and taken care of. Really? We are now just waiting again? Always waiting for some mysterious reason? What about all the other issues too in Iraq including the CBI corruption, judicial and economic reforms they are proposing? Do you think these might have something also to do with why we have not yet seen the RV? Oh no! - They say....has no impact on the RV...they why are we waiting still then...?

They tell you it’s all a matter of timing. Gotta laugh at this one ..lol…How many times have we heard this one. How many times must we hear it as it is a catch all excuse for I don't really know. Or they are telling you they wanted to wait 72 hours for things to “cool down”…..I swear they just make up this stuff and it’s all very funny…and foolish....lol…  When are we going to take this matter into our own hands and stop listening to this stuff?

This is now why I come to you today and write these news letters. I amm frustrated. I try to clarify it for you. I stress that I am not a know-it-all guru and in fact I even hate that term but I only come openly and freely to at least help sort it out and be real with you. I try to help ask the right questions.

These questions you should be asking yourself rather than just being "spoon fed".  There are many that don't like my technique and my news letters and wish that I would just go away. LOTS OF GOAT BASHING OUT THERE. But a goat has thick skin and so don't worry I have no plans to go away.

My intel tips their little apple cart and their profits are hurting each time their intel is challenged. My info is all 100% FREE, no charge, no donations. no site, no conference calls. I do provide sometimes a bit controversial view points and really try to tell it like it is since I can do this with autonomy.

As I said many times before no one knows fully what is happening. I only try to act responsibly and tell you what my contacts are telling me, if it makes it through the filter of my common sense and relates to the current info maybe to what I heard 2 days ago or evena month ago. If it sounds like garbage and makes no sense I am smart enough not to pass it on to you. Now who does that make sense to? – all of us!

So moving on. There may also be some economic reforms too that need to get passed and implemented but lets address the announcement of the “fully” seated govt in this news letter since this now seems the major part of everyone’s concerns now. I began to address the other part in my last news letter dated 9/10 and will address in more details in coming news letters.

So when will they have these 6 ministers seated?

They have until Tuesday 9/16 to send a new list of the 6 ministers back to parliament to get re-confirmed. This may not make headlines in the news media since they need to keep this very quiet. This is something to watch for.

But where are they going to get these ministers from?

Did you notice the next day after their announcement of a fully formed govt was made  last Monday they announced that they would not divulge the complete list of the cabinet until 9/16 next Tuesday. Why? You now know why they did this. I am trying to tell you.

Because they needed time to work out the other 6 ministers and get the right people seated in these positions that are best suited for the job.

So here comes catch22.

Where are all these experienced politicians going to come from to fill these vacancies?

They are sitting in jail of course!  Where are most of the honest and good people in Iraq these days? In jail!

Maliki of course was instrumental in putting then there as he convinced the US Army way back in 2003-2006 to lock them up for terrorist activities. He did this to eliminate any political rivalries and to safe guard his own power. He was slick. But this has been the problem all along with this government. There has not been many honest and qualified politicians to run it. We know the story so I will not dwell in it again.

So how do you get these guys out of jail?

The secret is in the full implementation of the Amnesty law. Maliki refused to fully implement this law and we all know why.  They need to implement the Amnesty law and free these political prisoners cause these guys are needed to run the government. This had to happen prior to any RV. Now we know why we have been saying this all along. Get the connection now? Are the pieces to the puzzle falling in place?

So what is the hot news of this week?

Of course it’s the Amnesty law! Literally right after the elections are supposedly over this issue pops up again in the news. Why? Nothing happens by coincidence!

Iraq then announced that the Amnesty law is being reviewed by parliament and is expected to be fully implemented this week. Gee Wiz I wonder why?

Yes – these prisoners are finally going to be let free. Iraq will finally get back the body of competent politicians they need to run the government. Many of these guys will be seated and these remaining 6 proxy positions and will become permanent ministers. We can then expect that on 9/16 or around that time they will publish the list of Abadi’s cabinet ministers. Then it will be final. One step closer to RV time.

CBI UpdateIn the meantime Abadi’s new government is also working hard to investigate the CBI scandal and get Dr. Shabibi (and his staff) back at the helm of the CBI.  I talked about this too in my last news letter.  Dr. Shabibi will complete the currency reform project. I have gotten this news from many very good sources and I totally believe these sources. I talked in more detail about this scandal in my last news letter. This current situation (recent changes in the governor) with the CBI is going to change and has to in order to see the completion of the currency reform project. Let’s see what happens.

It was never Dr. Shabibi’s intent to stay working for the CBI forever. He wants to retire. He had a mandate to run the CBI for a period of time. His mandate included many items somewhere build up the reserves, help institute new banking laws, regulate the banks, and to launch the currency reform project at the end of it all. He was to bring Iraq back into the global partnership with the financial world. This was to occur in a much bigger way then ever before for Iraq and not just to “restore” to pre-war era but to advance Iraq fully into the 21st century. It would have to do this to compete in the current global financial arena. Did you hear me? I said “global” financial arena.

SummarySo today’s news is all very good news again. We can now see a reason why we still wait for the RV to occur. I am not saying it is the only reason but either way we are still extremely close to Iraq getting back their currency to the international status it deserves.  Let’s take one reason at a time as I am attempting to do so in my news letters as I kick the can down the road in this continuing saga.

We can see now 3 topics we will be discussing in much more detail in my future news letters and these are:

1) economic reforms
2) CBI reform
3) judicial reforms

Abadi had announced on Monday that Iraq had a “fully” seated government and formally announced it to the world. But were they actually “fully” seated in the terms needed to meet all the requirements for currency reform?  We know now there was some hanky panky going on with these ministers to satisfy NATO and the USA so they will get the support needed to fight ISIS. It was all legal. This was more of a show to USA Congress and the citizens of USA and other coalition countries that Iraq is serious about forming a new government (in the terms needed).

So now we wait once again for Tuesday 9/16 to roll around see what will happen. Abadi now had 7 days from last Monday 9/9 to submit a list of the 6 replacement ministers that can become permanently confirmed and seated ministers. Then on or around Tuesday 9/16 we expect a final list of the completed cabinet to be published. Something to watch for.

We also know there is a question of the Amnesty law finally being fully implemented and we now know of two instances where this has now become an immediate necessity:

1) to free political prisoners so they can be used to run the new government and

2) to free CBI staff and Dr. Shabibi and allow the continuation of the currency reform project.

We also know there are other factors too that may affect the coming RV as I have mentioned them in my 9/10 news letter and will not address them again today. Please go back and read it.

Then when can we expect the RV?

All I will say is what I have been saying all along we wait for a formal (global) announcement to the public that the Iraq government is now fully formed and seated. Many of you asked me if a formal, public announcement is necessary and the answer is a big fat YES.

I want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable, non-sectarian and is a functional government. This is has been the plan all along. They may have wavered a bit on how the plan was implemented but the overall plan guidelines have not changed.

Peace and Luv To Ya All.