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DINARESGURUS.BLOGSPOT.COM_________________ _______

Friday, November 21, 2014

UNEXPECTED ZAP UPDATE, 22 NOV

Unexpected Zap Update:
HI ALL
MORE NEWS.
ALL INDICATORS POINT TO THE TRN TO BE ANNOUNCED IN 2015, BUT IT IS LIVE ON SCREENS. SO ALL IS PROCEEDING FORWARD, BUT NOW AT A MORE LEISURELY PACE SINCE END OF YEAR IS HERE, AND ONLY LIMITED THINGS MAY BE DONE.
THIS IS GOOD, AND WISDOM PREVAILED. AT THIS POINT, THE USA WITH THE REST OF THE WORLD WILL JOIN IN A LARGE CELEBRATION OF GETTING THE PROJECT SIDE UNDERWAY AND SAVE THE PLANET.
LOOKS LIKE MISSION ACCOMPLISHED, AND NOW WE CAN START THINKING REALLY SERIOUSLY ON THE PROJECT SIDE.
GETTING THROUGH SOME MORE DIFFICULT THAN ANTICIPATED SURVIVAL SIDE ISSUES WILL HAVE TO BE DEALT WITH UNTIL RELIEF ARRIVES IN SOME FORM. THIS WILL TAKE SOME THOUGHT.
THE SURVIVAL ISSUE SO MANY GO THROUGH, IS NOT USUALLYRECOGNIZED AND ADDRESSED BY THE HIGHER LEVELS THAT DEAL WITH MACRO DECISIONS. HOWEVER I HAVE FAITH THAT THE US TREASURY WILL PROVIDE THE MEANS AND PATHS FOR PROJECT FUNDING TO REACH IMMEDIATE CRITICAL PROJECTS WITHIN THE US ON AN EXPEDITED BASIS. THIS WILL GIVE A MEASURE OF RELIEF AND THE FOUNDATIONS FOR SUSTAINED ECONOMIC GROWTH.
THIS RESET WAS PRETTY NECESSARY AND WE ARE NOW GOING THROUGH THE MOTIONS. THE ONLY THING LEFT IS TO LET IT HAPPEN. THE UNDERSTANDINGS AND AGREEMENTS AND ALL THAT STUFF THAT ACCOMPANIES A MAJOR SHIFT, LET ALONE A GLOBAL ONE, IS BEING HANDLED AND IS WELL UNDERWAY. WE CAN COUNT ON IT HAPPENING NOW.
ALTHOUGH SURREAL AT MANY POINTS, THIS EVOLUTION OF OUR HUMANITY TO THIS POINT OF “NOT TAKING IT ANYMORE” AND CHOOSING A DIFFERENT PATH IS HERE AND NOW AND BEING ENACTED, AND THE RESET IS THE FOUNDATION WE WILL ALL HAVE TO BUILD SOMETHING GOOD ON.
I GUESS THE PAIN AND SUFFERING TO GET HERE WAS WORTH IT. I FOR ONE, AM GOING TO TAKE A BREAK AND CATCH UP ON WORK I MISSED DURING THIS TIME. I WILL ANSWER THE [ONE PISSED OFF AMERICAN] AS HIS POINTS ARE BANG ON THE BUTTON, BUT I AM TUCKERED OUT AND WILL DO THAT IN THE NEXT DAYS AND CERTAINLY FOR SUNDAY. DO NOT ANTICIPATE MUCH TO TRANSPIRE NOW OTHER THAN THE OBVIOUS BOND REDEMPTIONS AND SOME DINAR STUFF FROM WHAT I UNDERSTAND.
GOOD NIGHT AND GOD BLESS.
ZAP
“GOD IS; I AM; WE ARE”
“BE GOOD, BE LEGAL, TELL TRUTH”
November 21, 2014
Copyright ZAP 2014 

FBWALKER POST FROM TNT:re. Currency in hand and reserves, 22 NOV

FBWALKER:Dear TNT Family:

I have a pressing question and would be so grateful if someone could answer it for me:  Most of my dinar is in reserves.  I have some dinar in hand and plan to exchange it in order to be able to pay off the reserves.  If we TNT dinarians/Internet groups are allowed to exchange in advance of the general public, will we be able to simply go to a first or second tier bank and exchange what he have in hand or do we first have to phone in and set up an appointment to first exchange in-hand currency and then set up a second appointment to exchange the reserves we will then have in hand?

Kindest Regards.

Thegraceman:I have the same questions. I was hoping to get through on today's call.

It would seem that the legal agreement to prevent us from double-dipping could prevent us from paying off our reserves.

CVGAL:From what we have heard in the past, you will have to make a separate appointment once you have your reserves in hand after you pay them off. If you are not able to get the rate that you would like on your second appointment, you can always go back and sell your reserves that are now in your hand, to the dealer or the bank at the international rate. I do believe that at one time there was a possibility that the banks would give you the same rate on your second appointment as they did on your first as long as you could prove that you have the reserves. But Tony and Winston have said that that could have changed so we don't really know.

Personally, I think everything is going to work out just fine. We all know that not all of us will get the contract rate on every bit of currency that we hold. But there will be a great rate ready for all of us.

Happy Friday everyone, and I wish you the very best in life!


EXCHANGE CHECKLIST FROM TNT, 21 NOV

Exchange Checklist- from TNT  (Author Unknown).  You may want to modify or make a copy  to fit your own individual needs

Exchange Checklist

Bank appointment for Currency EXCHANGE Instructions/Checklist

Bank Name_________________________________________

Bank 800#__________________________________________

“I am calling to schedule a foreign currency exchange”

My name is ___________________________________________

My zip code is __________________
....
My e-mail address is (If they ask for it) ________________________________

I have ________________________ IQN (Iraqi) currency

I have ________________________ VNN (Vietnamese) currency

I have ________________________1000 notes from 2000 of IDN (Indonesian) currency

I have _________100 Trillion, ________ 50 Trillion, _______ 20 Trillion and _______ 10 Trillion  2008 AA notes of ZWN (Zimbabwe) currency

FILL IN THE BLANKS for EXCHANGE appointment information that you get from call the
center representative:

Your appointment Information:

Date _________________________

TIME _________________________

The Location _____________________________________________________

The Day of Your Appointment Things To Do

1. Make sure you know where you are going. Arrive early so you can “get yourself together, take a deep breath”. Do not loiter. If you are too early, stay SECURELY in the general area but not in the bank parking lot!

2. Remember to get in and get the EXCHANGE done, there a lot of other people behind you in line so be thoughtful of their time as well. You will have time for questions at your second appointment with your new Private Banker/Wealth Manager.

3. Be discrete, be professional, and be alert and aware of your surroundings. BREATHE! Seriously consider hiring security to accompany you to your appointment or bring a trusted friend.

4. Collect business cards from everyone or take their name and phone numbers as well as the location of their regular branch office.

5. Read and Sign the NDA. If it is simple and states you cannot tell anyone except your spouse, lawyer, or CPA (These are the people that need to know how you came about your money for tax purposes) how you came about all of your new found wealth, sign it and move forward with your exchange. Be prepared to uphold it! If you break the terms, you could lose your new found wealth. If the NDA is more complex and you are not comfortable with it, simply let them know you would like to explore your options with another banking institution. They may or may not waive the NDA. REMEMBER TO GET A COPY OF THE NDA IF YOU SIGNED IT.

The Day of Your Appointment Things NOT To Do
Do not demand anything while at the bank or act like a lunatic, you will be escorted out.

Remember the Golden Rule “Treat others the way you wish to be Treated”!!!

Items to Bring to the EXCHANGE Appointment

(Check off the list as you put all items needed together to make sure you remember everything)

Driver’s License

Second form of ID (a credit card or passport)

Your most recent utility bill (Water, power, etc.) to confirm residency in case you have never held an account with the bank you will be exchanging with or for another form of ID

Power of Attorney Paperwork (If you are exchanging for someone else)

A pad, pen to take notes, calculator

Receipts for all currency purchased or gifting letter if they were a gift in case they are needed (Do not offer them, only do so if they are requested)

IQN / VNN / IDN/ ZWN currency

If you have reserves (take proof of them), know the amount needed and the wiring instructions from your Dealer to do a wire transfer (Company name and account information for wiring) or get a cashier’s check (Company name) in order to pay them off

Have your TOD designees (Transferable on Death) full legal names, phone numbers, addresses and Social Security Numbers written down that you want listed on your accounts. You can have multiple TOD designations per account (Wife/Husband, Children, Grandchildren, Nieces/Nephews, etc.)

Have a list of Cashier’s Checks you will need, if any, along with the exact amounts and who they need to be Payable to

Decide in advance if you will be requesting cash for “Pocket Money” before hand and how much.

DO NOT get more than $9,500 unless you would like Uncle Sam to visit you. Also remember the more you take with you, the bigger the target you are for thieves! BE SMART!!! Do you have a safe to store cash in????
 
Know the ceiling rate!!! Make sure you do not get hit with a Spread Fee! If you do not like the spread fee they are charging simply let them know (In a Professional manner) you will go to another bank.

New Account Numbers for each Currency EXCHANGED (DO NOT EXCHANGE ALL CURRENCIES INTO ONE ACCOUNT, OPEN SEPARATE ACCOUNTS FOR EACH CURRENCY!!!!)

Name of Bank Exchanger ____________________________________________

Bank ____________________________________________

Branch ___________________________________________

IQN Checking Account Number__________________________________________

IQN Checking Routing Number __________________________________________

IQN Savings Account Number (Deposit 50% of your Exchange for Taxes just in case and do not touch until Tax Time) _________________________________________

Add TOD (Transferable on Death) Names to Accounts (Checking and Savings) Make sure you receive copies of the deposit slips and all account information Get Clean and Clear Certificates – at least 10 or more (Documentation that your money is not
tied to anything illegal)

Get starter checks if needed until your checks arrive Get ATM card if you want one Set up Online Banking if wanted Inquire about Extra Insurance for your funds

VNN Checking Account Number__________________________________________

VNN Checking Routing Number __________________________________________

VNN Savings Account Number (Deposit 50% of your Exchange for Taxes just in case and do not touch until Tax Time) _________________________________________


IDN Checking Account Number__________________________________________

IDN Checking Routing Number __________________________________________

IDN Savings Account Number (Deposit 50% of your Exchange for Taxes just in case and do not touch until Tax Time) _________________________________________


ZWN Checking Account Number__________________________________________

ZWN Checking Routing Number __________________________________________

ZWN Savings Account Number (Deposit 50% of your Exchange for Taxes just in case and do not touch until Tax Time) _________________________________________

DID YOU GET A COPY OF YOUR SIGNED NDA?

Set second appointment with a Private Banker or Wealth Manager (The bank will guide as to who you need to speak with based on your EXCHANGE/ deposit amount

This appointment will be the one in which you discuss all of your options for investment and
your “perks”

Private Banker Name__________________________

Telephone Number____________________________

Appointment time ______________

Location _____________________________

Notes:

__________________________________________________

__________________________________________________

__________________________________________________

MILLIONDAY TIDBIT, 21 NOV

11-21-14 Millionday: THEY HAVE SIGNED A TEMPORARY AGREEMENT CLEARING THE WAY FOR THE HCL -- WHOOOPOW...THEY HAVE SIGNED -- I SAID SIGNED AN AGREEMENT FOR THE OIL BETWEEN IRAQ AND KURDS -- TEMPORARY WOULD BE TO USE TEMPORARY --- SO THE PERMANENT ISSUES WILL BE RESOLVED... BUT USABLE AGREEMENT THEY HAVE. 

MY LADIES POST FROM KTFA: " LET'S TALK TURKEY", 21 NOV

MY LADIES » November 21st, 2014, 10:03 pm

SOMETIMES YOU HAVE TO GET YOUR PASSPORT AND SUNGLASSES AND LEAVE YOUR COMFORT ZONE TO SEE WHAT’S GOING ON UNDER YOUR NOSE.
 LET’S TAKE A ROAD TRIP TO TURKEY AND SEE WHAT THEY HAVE TO SAY ABOUT THE OIL AND GAS LAW IN IRAQ.

ALRIGHT NOW HERE IS A LINK TO THE ATLANTIC COUNCIL ENERGY AND ECONOMIC SUMMIT THAT WAS HELD IN ISTANBUL THESE LAST FEW DAYS.


http://www.acsummit.org/day-2-recap-atlantic-council-energy-economic-summit-continues-in-istanbul/#more

THE SUMMIT ENDS TOMORROW THE 22ND WITH A SPECIAL CLOSING ADDRESS FROM JOE BIDEN WHO HAPPENED TO BE IN TURKEY FOR MEETINGS WITH THE TURKISH PRIME MINISTER TONIGHT FRIDAY.
....
NOW TURKISH PRIME MINISTER DAVUTOGLU HAD A MEETING YESTERDAY IN BAGHDAD WITH FUAD, AND JUBOURI AND ABADI ABOUT SECURITY ISSUES AND HE OFFERED HIS SUPPORT FOR THE RENEWAL OF ECONOMIC GROWTH IN IRAQ.

HE THAN LEFT BAGHDAD AND WENT TO ERBIL TO MEET WITH BOTH BARZANI TO DISCUSS THEIR AIDE TO PESHMERGA AND THE OIL AGREEMENT KURDISTAN HAS WITH BAGHDAD.

THIS GOT HIM BACK TO TURKEY IN JUST ENOUGH TIME TO HAVE A WORKING DINNER WITH THE VP OF THE USA. HUMMM CONVENIENT.

IN THE MEAN TIME WE HAVE THE OIL MINISTER OF BAGHDAD AND THE OIL MINISTER OF KURDISTAN SITTING DOWN MAKING NICE AT THE ATLANTIC COUNCIL ENERGY AND ECONOMIC SUMMIT.

NOW WHY WOULD THEY BOTH THERE. NEVER BEFORE HAVE THEY BEEN INVITED TO ATTEND.

I THINK WE SHOULD BE SEEING THE FINAL WRAP UP OF THIS OIL AND GAS LAW SOONER THAN LATER.

AT THIS POINT THERE IS NO WHERE ELSE TO GO, IRAQ NEEDS AN INTERNATIONAL REALITY RATE AND THEY OF SORT OF NEED IT NOW IF YOU REALLY READ AND LOOK INTO WHO IS INVOLVED AND WHAT’S GETTING DONE.

CONNECT ALL THE DOTS FOLKS AND IT WILL LEAD YOU INTERNATIONAL.

LET’S HAVE A CLOSER LOOK;

CEO OF GENEL SAYS TURKEY IS GUARANTOR OF ENERGY PEACE BETWEEN BAGHDAD AND ERBIL. AND FOR THE FIRST TIME EVER THE OIL MINISTER OF BAGHDAD AND THE OIL MINISTER OF KURDISTAN SAT DOWN TOGETHER AT THE ATLANTIC COUNCIL ENERGY AND ECONOMY SUMMIT TOGETHER IN INSTNBUL TURKEY N THURDAY AND WERE ABLE TO GET ALONG AND PLAY NICE


Turkey a guarantor for energy peace in Iraq

12:06, 21 November 2014 Friday
Turkey stands as a guarantor for energy peace between Baghdad and Erbil, head of an international energy company says

Turkey is a guarantor for energy peace between Baghdad and Erbil, according to the CEO of an international energy company operating in Iraq.

A dispute between Baghdad and Erbil over the sale of oil turned into an international legal wrangle as the Iraqi government brought a lawsuit against the Kurdish Regional Government, KRG, in foreign courts. However, the central government and the KRG signed a temporary agreement to settle the oil dispute last week, clearing the way for a permanent settlement to be enacted in a joint hydrocarbon law.

"Turkey is a natural guarantor for energy peace between Baghdad and Erbil," Mehmet Sepil, CEO of Genel Energy-- one of the biggest international energy companies operating in Iraq-- told The Anadolu Agency.

He said the oil produced in Northern Iraq can only come through Turkey whether it is Kurdish oil or oil from the central government in Baghdad, hence Turkey will guarantee peace.

"Turkey said that the oil is being sold for the good of the whole Iraq and now this situation is being realized. If the oil was not sold, the recent agreement between Baghdad and northern Iraq would never have been signed," Sepil said.

He emphasized the importance of the meeting between the Iraqi Oil Minister Adil Abdel Mahdi and Kurdish Regional Government Oil Minister Ashti Hawrami at the Atlantic Council Energy and Economy Summit in Istanbul on Thursday.

“They set together at an international organization for the first time. I think that the recent agreement signed prior to Istanbul was a beginning for them although they still have serious problems to be handled. However, now I think it is more than a beginning," he stated, adding that both of the leaders identify the same problems.
(READ MORE)

http://www.worldbulletin.net/haber/148900/turkey-a-guarantor-for-energy-peace-in-iraq

VP BIDEN IN TURKEY FOR IMPORTANT TALKS AND TO GIVE WRAP UP ADDRESS AT THE ATLANTIC COUNCIL ENERGY AND ECONOMIC SUMMIT.

U.S. Vice President Biden in Istanbul for official talks

22:45, 21 November 2014 Friday
Biden meets with Turkish Prime Minister Davutoglu during his Istanbul visit.

World Bulletin/News Desk

U.S. Vice President Joe Biden arrived in Istanbul on Friday for official talks with Turkish officials amid strained relations over the Syria crisis.

After his trips to Morocco and Ukraine, Biden met with Prime Minister Ahmet Davutoglu within the framework of a working dinner at the prime ministry office in Besiktas district of the city.

"We've been friends for a long time and one of the great advantages of being back in Turkey with a friend and NATO ally is we're always direct with one another," U.S. Vice President Joe Biden told a joint news conference with Davutoglu.

"We have tackled a number of very contentious issues regionally and internationally and we've always eventually come out on the same side," he said.

Speaking just before Biden's arrival in Istanbul, Davutoglu, who has spent the last two days in Iraq, said there could be no sustainable peace in Syria while Assad remained in power.

"Look at how things are getting better in Iraq after a government chosen by the people is in place," he told reporters at Istanbul airport. (READ MORE)

.http://www.worldbulletin.net/turkey/148948/us-vice-president-biden-in-istanbul-for-official-talks

WOW!! THE ECONOMIC REBIRTH OF IRAQ!! READ THIS ENTIRE ARTICLE IT IS PRETTY STRONG STUFF.

Davutoglu: Turkey supports economic rebirth of Iraq –UPDATED

Update: 11:50, 20 November 2014 Thursday

The visit will be the first by a Turkish prime minister to Iraq in almost four years. Prime Minister Davutoglu says Iraq can rise as an economic power in the world once peace is established at home

World Bulletin/News Desk

Turkish Prime Minister Ahmet Davutoglu has committed Turkey to supporting the renewal of economic growth of Iraq.

"We hope Iraq will soon set free from the terror threat and will enable a solid domestic integrity so as to serve as a key actor in the process to build the peace both at home and in the region," Davutoglu told a press coference early Thursday at Ankara's Esenboga Airport before he departed for Baghdad on a two-day official visit to the southern neighbor country.

Davutoglu explained that Iraq has the capacity to become a rising economic power, not only in the region but also in the world by exploiting its rich natural resources for development, once it restores peace at home. (READ MORE)

http://www.worldbulletin.net/haber/148815/davutoglu-turkey-supports-economic-rebirth-of-iraq-updated

TURKEY HELPS SOLVE THE PROBLEMS BETWEEN BAGHDAD AND ERBIL. WHO KNEW??

Turkey's policy for Iraqi oil aids dispute resolution

14:39, 20 November 2014 Thursday
Turkey's energy minister says policy of allowing Kurdish region oil sales contributed to normalization of Iraqi exports.

World Bulletin/News Desk

Turkey's policy of allowing Iraq's Kurdish region to export oil has helped resolve the Kurds' dispute with Baghdad, the Turkish energy minister said on Thursday.

"Turkey worked in the past year towards a formula that will benefit the Kurdish Regional Government and the Federal Government of Iraq, and the agreement between the two parties last week on sharing oil export revenue proves to be a very positive outcome for both," said Turkey's Energy Minister Taner Yildiz.

"The 35 cargoes of around 25 million barrels of crude oil from north Iraq that have just been exported, creating over $2 billion in revenue for both parties, is a major contribution," Yildiz said, speaking at the Atlantic Council Energy and Economic Summit 2014 in Istanbul.

Some questioned whether the sale of Kurdish region oil to international markets via Turkey was legitimate or not. "But, in the end, Turkey contributed to the normalization of all of Iraq by facilitating the process," Yildiz said.

Yildiz also said that Turkey supports policies of energy supply security, not only for Turkey, but also for all its surrounding regions including the European Union.

"The Ukraine crisis, which raised concerns about energy supply security for the EU, is here to stay. The agreement that was reached between the EU, Ukraine and Russia recently will only provide a temporary solution until March 2015," Yildiz said.

"We look forward next year for the coordination of the energy policies of the US, the EU and Turkey with regard to many of the challenges we face," U.S. Secretary of Energy Ernest Moniz said at the summit. The Ukraine crisis may have left the EU countries short of supply of crucial Russian natural gas before winter this year.

"The conflict in Ukraine has led to a very comprehensive look into energy security," Moniz said. "The U.S, and our colleagues in Europe are very committed to the idea that energy security is not something for just every individual country to consider alone, It is a collective responsibility among allies and friends."

http://www.worldbulletin.net/haber/148839/turkeys-policy-for-iraqi-oil-aids-dispute-resolution

S3A CHAT UPDATE, 21 NOV

Stage3alpha:

R.V. / GCR November 21, 2014 at 12:08pm  Did anyone see anything significant at the chicago mercantile this morning? What does it mean....? It means the path is cleared for groups to start...Timber

R.V. / GCR November 21, 2014 at 12:57pm  That was a few salt bond purchases and sold this morning at the Chicago Mercantile, not our key factors in your RV GCR… it is because these are now completed.  this whole process can now move forward… we are still seeing Monday has the nearest opportunity for a public exchange. …do not let anyone steal your joy.  have a great weekend . things are about to get good finally .  timber kids

R.V. / GCR November 21, 2014 at 2:02pmthere is a meeting going on this weekend with oz. the entire plan for this meeting is to eliminate the protocol for which the corporation [franchises] you to make money.  The outcome of this meeting will be the new protocol for whether or not corporations will be able to continue in their ill gotten way or if they will be required under some new more than parents rights to profit. at the end of today's meeting is a very good opportunity for your RV /GCR to become real.


LEM November 21, 2014 at 3:13pm (Tweets from JCR)

JC @JCR3758 DON'T get worked up and expect it now, today. Let it roll out as planned. The info will be made available to all as we get it & r authorized

JC @JCR3758 ·There is the possibly that we may see the STARTof the public exchange this weekend but should before Tksgiving. Stay calm & professional.

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

G T November 21, 2014 at 2:42pm More Clues.........

Time to say GOODBYE to the PETRODOLLAR!!!!

Time To Say GOODBYE to the STRAWMAN!!!

Dust Off the Plans You've Been Working On so you don't Get CAUGHT IN THE MAZE!!

JCR3758, RV/GCR & BREITLING TIDBITS, 21 NOV

11-21-14 JC @JCR3758: There is the possibly that we may see the STARTof the public exchange this weekend but should before Tksgiving. Stay calm & professional. 

11-21-14 R.V. / GCR: Did anyone see anything significant at the chicago Mercantile this morning? What does it mean....? It means the path is cleared for groups to start...Timber.

That was a few salt bond purchases and sold this morning at the Chicago Mercantile, not our key factors in your RV GCR… it is because these are now completed. This whole process can now move forward… we are still seeing Monday has the nearest opportunity for a public exchange. …do not let anyone steal your joy. Have a great weekend. Things are about to get good finally.  Timber kids.

There is a meeting going on this weekend with oz. the entire plan for this meeting is to eliminate the protocol for which the corporation [franchises] you to make money.  The outcome of this meeting will be the new protocol for whether or not corporations will be able to continue in their ill-gotten way or if they will be required under some new more than parents’ rights to profit. At the end of today's meeting is a very good opportunity for your RV /GCR to become real. 

11-21-14 Breitling: We have authority, saying that, the CBI, the Ministry of Planning, the Ministry of Finance saying we want to get the value of the dinar to a buck. They even go through the process.  They talk about the two currencies co-existing together… they would never reduce the note supply like they're doing, they'd simply retire the notes.  They wouldn't need to do anything. So it's going to revalue.  Because they said so. They reduced the note count so that's how we know they are taking action to do it. 

AKM IMRAN UPDATE, 21 NOV

AKM IMRAN:Everyone is ready, waiting on Iraq to do their final check-throughs. This is way to force the folks who have been messing with this thing to stop blocking it. Let’s hope they do what they said they would do. The US is ready and waiting on Iraq. Iraqi, EU, NATO, US and UN sources all say they will run this through today and possibly tomorrow, so we will get excited from tomorrow afternoon onwards.

People should be happy outside of Iraq...because the people inside of Iraq are very happy. The government is the real deal. Their PM is an honest man looking for ways to improve life for all Iraqis...in a corrupt-free environment. He proves that he can take action if he is crossed. The GOI is cooperative…The Parliament is cooperative. The many committees that have been formed work together. We don't know the date or the rate.....but who cares. Be excited for all that you see is happening..

SUNNY POST FROM TNT : TONY CC CLIFF NOTES 21 NOV

Highlights of Tony's CC.  Updates will be added as the call progresses -

RV Trigger/Timing:  There were four windows set up.  One was this morning and it did not go thru.  Two others are  this weekend and one early next week. The countries are arguing about which window to release in as what's good for one country is not good for another.  The US preference was not for the first window.                                                            

T- “About the process - understanding if this thing goes between now and Monday, we will go in . . . by Thanksgiving.  By Dec 1st the currency exchange will be cut off until the 1st of the year - after we go through. . . . Some banks we know of already have a plan and will work off a list to the first of the year.  They can do that . .. that does not mean the general public.  They will work to the 31st and they do not know when it will start again after the 1st of the year.”

 DC- “DC my belief and others they still plan to have Dinarland, folks who pay attention, to be done by thanksgiving.  . . . I find it difficult getting my head around they will stop the whole thing. . . This is an option we heard today. . . Remember, the plan changes constantly.”

 CURRENT EXCHANGE PLAN:  The plan for now, is Dinarland will go before Thanksgiving and then after Thanksgiving or before Dec 1st, the exchange will stop and resume back in January.  It will not be on FOREX right away.   The strategy of exchanging by watching the value fluctuate during FOREX market trading will not be available for 10 days or more.  Tony said “your best bet maybe take your money and run.” 

Or you can wait until January to exchange after it goes on FOREX.  The other 4 million people may not know about the revalue until January. The reason for the delay is to ease the amount of currency exchanged into the market.  This avoids flooding the market with the currency. eases processing and a fixed rate is less of a problem.

The plan for some time was to draw the exchanges out, a slow roll-out, over 30-90 days. In Kuwait RV it came out in the mid $3’s, skyrocket to $9 and then back down.  They did not want a repeat of Kuwait, so they drafted this new plan to avoid that.

DC:  “We are trying to prepare everyone.  It is our belief it is going to be a simple $3.59 International rate  . . .”

The Dinar holders have been divided into 3 traunches.  One traunch is the dinarians paying attention, . . . like Admiral group, the educated folks, then the people we tell and then those who will trickle in.

When the 800# is released, the centers will already be staffed and waiting for your call. It’s advisable to make your appointment before you notify anyone else.  If you have an existing relationship with a wealth manager, some of them are saying call them first, rather than call the 800 number.

 IRAQ:   More and more Iraqi's know the US has been the hold up and even articles from deputy ministers saying they will work around the US.

TV/Mosques/Newspapers:  saying same things as they have said for the last few weeks; saying this could happen anytime; telling them to pay attention and be ready.  Telling them all the zero’s will be gone by Dec. 1st.  Statements being made to the public this will happen by the end of the month, by thansksgiving. Tony’s contacts say the 20-25th is when they have payday in Iraq, when folks get their new rates, cards loaded, without the 3 zero’s.
ISIS:  Coalition forces working well together. Somewhat perturbed the action against ISIS is not more aggressive.  Looking at where they were in late June to where they are now DC said is, “truly amazing.”  

DINAR GURUS UPDATE, 21 NOV

11-21-2014   Intel/Newshound Guru Poppy3    i think the next 24 hours and then beginning monday morning for 48 more hours will really shed some light on our status pertaining to our rate increase timing.  [The month of November sure seems to be bringing Christmas early?]  very very possible. NOT sure how probable but for sure very possible.  

11-21-2014   Newshound Guru tlm724   Article:  "Shammari calls for the adoption of the state departments of the local currency rather than in US"    calling all state depts to use the dinar instead of the US dollar...the global economic situation makes it imperative for everyone and the advancement of national vigor and the Iraqi economy...using it will enhance the economy no doubt...the more demand for the dinar the higher the value!   It's so awesome to see this push. 

11-21-2014   Newshound Guru Adam Montana  [We have been watching Iraq for the past several years go through the motions of forming laws and remaking their country.  Doesn't it seem like they are reinventing the wheel?]  The country was plunged into poverty and chaos a little over a decade ago. Today, they are moving forward with solid plans and excellent progress. Maybe they are "reinventing the wheel", but I believe they are doing exactly what they need to do to regain their former strength and status.

11-21-2014   Intel Guru TerryK   THIS BLESSING IS DAHM CLOSE.  I'M HEARING THEY ARE LOADING CARDS YESTERDAY AND TODAY WHAT I'M GETTING IS THAT THEY ARE FAST TRACKING THIS NOW AND TESTING THE SYSTEM AGAIN.  WHY WOULD THEY TEST A SYSTEM UNLESS THEY MEAN TO TURN IT ON?  NO RATES YET.

11-21-2014   Newshound Guru Aggiedad77    People should be happy outside of Iraq...because the people inside of Iraq are very happy.  The government is the real deal.  Their PM is an honest man looking for ways to improve life for all Iraqis...in a corrupt-free environment.  He proves that he can take action if he is crossed.  The GOI is cooperative…The Parliament is cooperative.  The many committees that have been formed work together. We don't know the date or the rate.....but who cares.  Be excited for all that you see is happening...

11-21-2014   Intel Guru DC     [Are we going to have the Best Thanksgiving ever?]   IT IS FULLY PLANNED ACROSS THE WORLD FOR BEFORE BLACK FRIDAY, WE HAVE HAD OTHER DATES PROMISED, BUT THINGS LOOK SO DARN GOOD...I THINK XMAS SHOPPING WILL BE VERY FUN FOR EVERYONE.    ALL MY FOLKS POINT TO VERY VERY CLOSE...THINGS LOOK REALLY GOOD AND AS LONG AS IT STAYS LIKE THIS, WE ARE GOLDEN...BOTTOM LINE, WE ARE STILL VERY GOOD TO GO.   [post 2 of 2]

11-21-2014   Intel Guru DC   ALL IS STILL ON TRACK...WE STILL HAVE 3.58 DINAR.  IT APPEARS WE ARE ALL BACK TO ONE BASKET...ALL IN THE SAME BASKET NOW, COULD CHANGE BUT RIGHT NOW ALL SHOWING.  THE REST OF THE WORLD HAS BEEN KINDA WAITING ON US, VIPS IN MANY COUNTRIES HAVE BEEN GOING FOR A WHILE, BUT WE ARE NEXT.   IRAQ HAS THE TIMING BALL NOW, US PROMISES TO WORK WITH THEM, AS OF A FEW HOURS AGO STILL THE SAME. THE CBI WILL PUSH IT OUT, THEN ANNOUNCEMENTS WILL BE MADE AFTER THE FACT.  

TNT CC NOTES, 21 NOV

11-21-14 TNT DINAR CC (Notes by Adept1 - UPDATE ONLY):

Replay 805.399.1500, PIN CODE 409029#


http://events.instantteleseminar.com/?eventid=62694102

Tony:  Good morning, TNT!  Today is Friday, November 21, 2014.  Unfortunately, I expected to be here today.  This is what we are going to do. There have been a lot of rumors and there is a lot of updated information. So I’m going to ask everybody on the call to pay attention and get it right so there isn’t a lot of fear-mongering. We will give you stuff in great detail, so please don’t misinterpret and put it on the boards half-digested. Keep in mind that giving you the information may cause it to change. This may ease your anxiety but cause change just because we are telling you.  East to west, then the plan.

DC:  Iraq is extremely prepared, have run through all their checklists.  They are ready to go and double-checked with training and all fifty issues brought to their attention on Sunday have now been dealt with. They are absolutely prepared and notified everyone, and everyone agrees including the USA.

In Parliament, the Budgets have been done and they will announce the adjustments to Erbil, HCL and the Kurds.  The amnesty law has been completed and is now ready – that cools down sectarian issues, the leaders worried about things they did for Saddam that could be used against them later in life now that the regime has changed.  They continue to pass laws.  Abadi and his team are pulling everyone in, doing wonderful working getting ready even as they get rid of dead wood and motivate the right people to get things done.

Tony: They are announcing the amnesty law today, right?

DC:  Yes.  It’s not vital for the RV, but it does help keep people calm. They are not ‘must haves’ for the RV, but helps get everyone in line and prove their maturity as a governing body.  We are expecting the amnesty announcement on the 11pm news in Iraq.

Tony:  Who is going to pull the trigger and how an options do they have?

DC:  With all the checks that have been run at the finance ministry, security, IMF+BIS, CBI and all the rest, they agreed several days ago that it is up to Iraq, and of course some are trying to persuade them of this window or that, but they are set up to go.  The CBI will do it, it will propagate through ISX and to the other banks.  Then they will adjust the CBI.IQ site in Iraq and Houston.  After that, Abadi and others will announce it after the fact.  There are four feasible windows.

Tony: The first window was this morning, and it didn’t go.

DC:  There was productive lobbying for options B, C and DC, by US and European politicians.  There are two windows this weekend and one early next week.  But those timelines are already agreed to and I found out about them on Wednesday.  They are staying firm and that is a wonderful thing.  Instead of trying to kick the windows out of the way, they are arguing for B, C or D or whatever – that is, they are arguing in that construct, which is very important.

About ISIL, we are generally hearing they are being beaten apart from a horrible bombing this week. Everyone is highly concerned about what might happen if/when they are cornered.  The coalition forces are gelling and working well together.  For the most part it’s work well and they are achieving their goal. There are major areas for improvement in the Iraqi Army, for sure, but going from where they were in late June until now, they are pretty amazing and people should recognize that.  Smart people are working on that in a dedicated fashion. ISIL is no longer on the evening news every day.

On Iraqi television and in the mosques, they are announcing this will happen any time, so pay attention to these radio stations, television, etc.  They have been doing things in the news of how ready they are for this.  More and more Iraqis know that the US has been the primary holdup, and there have been articles from Deputy Ministers saying they will work around the US.  Now they are having to defend why they delayed it this long, and now saying they will push this through, and then it will be water under the bridge for most.

Tony: There are public statements about this being done by Thanksgiving. Our guys said between the 20thand the 25th, because that is when they get paid in Iraq, and they want to have the true rate when they load the cards.  They are not so much going around the US as aligning with terms agreed with the US.

DC: The UN is pushing everyone to get through, with some threats about getting it done this week. They are absolutely ready to get this done and believe everyone is sincere in pushing this through.  The UST+IMF+BIS are still facilitating and coordinating these steps and agreeing Iraq is ready to get this thing done.  The US administration have been satisfied with the Iraqi progress in wrapping up the items on Sunday;  they are now prepared to support it, although they would prefer not to be in a certain window.  They have let the rest of the world know they fully support it as well.

Tony:  You knew this on Wednesday, and we know there was a window of four, yet this morning they stopped it.

DC:  In essence, they asked Iraq NOT to choose Option A.  It does make everyone nervous because the US has got in the way in the past so many times and we pray they don’t do that this time.  When everyone was ready yesterday afternoon, the US said, “We fully support it, but you’d better not do Option A”.  Otherwise, they are playing ball nicely.

We understand the UST is ready, the banks have been briefed, the command centers are ready, and everyone is ready to go on.  Timelines and windows for non-Iraqi citizens (i.e., US citizens, etc.) are these:  they still plan to have Dinarland, the people who are really paying attention, to be done by Thanksgiving.  That is fast but reassuring.  The general public will then start after Thanksgiving.  Tony?

Tony:  I have my tank around me today!  We’ve talked about a lot of different plans.  We were all talking about this, and I don’t want to be blamed for this, so I’m telling you all the information.  We’ve talked about the process a bit.  If this goes between now and Monday, we’re going to go in – TNT, dinarians, internet guys – and they will push it as much as possible before Thanksgiving.  From 1. December, the currency exchange will be cut off until 1. January.  So AFTER WE GO THROUGH, they will cut off exchanges during December. We don’t know because it’s the holidays, banking fraud or what, but that is what we hear the plan is, so far.  This is what’s being circulated here and other there as well.

The plan includes a designated time for this get started between now and Monday (including Monday, because that is the final window option).  No matter when it starts, they want to run everyone through by Thanksgiving, which is Thursday!   I’ve told you that the international rate might go up, but in this scenario, that might not happen. They actually don’t want to put it on Forex until January (by preference), so they may be taking that option away from you.  Your best option might be to get in and get out, take your money and run.  We’ve been hearing they wanted to cut people off as of Thanksgiving or the 1st of December.  Nobody can work out how they could get away with that, but if they bring US in this next week, and then get back to everyone else starting in January, hey, it could work.  I don’t want anyone to think you are getting cut off.  They may bring in the same plan in January.

The biggest thing we are hearing in Iraq is that by 1st December those three zeros will be dropped off their currency.  This is their hurry-up-do-it-now plan, to bring us through and then cut it off until the new year.  I don’t know their justification for that.

DC:  The issues revolve around fraud in December, and also the advantages of a fixed rate.  They had a plan for a long time that would bring this out over 30-90 days, to ease the transition. The reasoning is primarily about stability in the markets and banks, and also a little face-saving for some folks.

Tony:  I hope everyone understands the process. It could be a great weekend and a great Monday and hopefully by Tuesday we’ll all be lined up at a bank somewhere.  I want everyone to understand what we have been hearing, that after we exchange it may be stopped for the holidays and restart at the beginning of January.

DC:  I hope this is their final plan, but I strongly urge everyone to be flexible and prepared for change.  They will probably tweak this again, but we wanted to let you know.

SPARKYONE POST FROM TNT:Money Revaluation and the Currency Reset will Occur Due to Many Reasons, 21 NOV

SPARKYONE:(Comment)~This came to  me without a publish date~ so forgive me if it has been posted in the past. I just felt it is worthy of posting.
 
For the ones that think the RV/Reset wont happen! Read this! Proof in the pudding if you put the pieces together one by one.
Money Revaluation and the Currency Reset will Occur Due to Many Reasons  
It is evident that the world is ready for a change. The US dollar has been abused so much by the large controlling monetary organizations to the point of no return. 

After so many years of lies, secrecy, and deceit totally supported by bribed government leaders and the spying agencies they own; the cat cannot be held in the bag any longer.

 The idea behind the IMF and the World Bankwas to lift third world countries out of poverty by helping them start developmental projects then let the people take care of the rest.Instead they gave the money to outside wealthy individuals with mega conglomerate corporations to extract these countries’ natural resources which created more poverty and problems instead of solutions.
~~~
Now we are watching Brazil, Russia, India, China and South Africa Create the BRICS Bank to present an alternative solution to the Western-dominated global banking system comprised of the Bretton Woods institutions – the World Bank (WB) and International Monetary Fund (IMF).

“It’s done,” said Pravin Gordhan, South African Finance Minister, on Tuesday Dec 31 2013, adding that “we made very good progress” on the formation of a World Bank-analogue development agency. 
The new bank will provide a collective foreign exchange reserve and a fund for financing developmental projects in order to address the needs of emerging and poor economies.
The five BRICS nations will contribute up to 10 billion dollars each to launch this development bank. This bank will operate on national currencies, rather than using a single currency and will be used in bilateral and multilateral trade deals.

So for those who are holding foreign currencies Like the Iraqi Dinar or the Vietnamese Dong, it doesn’t matter anymore if the IMF or the World Bank revaluate the currencies, it is going to reset itself. Why? Because the BRICS members say that the current global balance of power is unworkable.


The institutions such as the WB, the IMF and the United Nations Security Council are irrelevant in addressing matters concerning global economics. These five countries alone make up over 40 percent of the world’s population and account for more than 25 percent of the global GDP.

Now, have you seen the court video on YouTube Published on May 13, 2012? Where the Federal Reserve being questioned in court and somehow 9 trillion dollars was missing?
How about the 12 trillion dollars missing in 2009, or the 26 trillion dollar in bank bailouts without any authorization from congress, and the list goes on. Any logical person would conclude that this stolen money from the American people is going to affect their economy one way or another; not to mention the loss of confidence in the American dollar regarding foreign investors. 
One prediction to conclude; the dollar will go down in value no matter what the IMF, the WB, or any other manipulative banking cartel say. When this happens other currencies will move up as a result. 
The less demand on the dollar the lower its value, the more demand the higher the value; anyone can do the math.

The World’s financial Game
Picture
Find out from a video interview of the former US assistant treasury secretary Dr. Paul Craig Roberts, how the banking system and the dollar value have been manipulated for a long time now, while he expects the dollar value to go down at some point. Also how he believes that china is buying massive amount of gold, while India is buying a large amount of silver

As for the Iraqi currency (IQD) it has been suppressed by a war financed by these banks to gain access to the country’s resources. It will not stay like this forever, the embargo against Iraq was lifted and soon things will change.

By joining the international market starting with the sale of bonds, as its predicted to be publicly announced, the currency will have no choice but to go up in value.
Picture
 Many articles try to debunk the idea of its revaluation (RV), but there are two things to consider; one is the fact that Iraq’s economy would not grow without foreign investors.

 Secondly if Iraq tries to deny the value of the Iraqi currency held by foreigners; People will see this as dishonest and will deter them from pursuing business deals with iraq altogether; which is the opposite of what Iraq is trying to accomplish.

It is worth mentioning also that the iraqi dinar is not the only currency which will be revaluated. Iraq has to think hard of the many competing countries that will be welcoming business investments opportunities. (Do not put your eggs all in one basket).
As for the Vietnamese Dong currency (VND) it is predicted to go up in value for the reason that Vietnam and Russia signed 17 agreements November 12, 2013 aimed at boosting political, military and trade ties while increasing cooperation in the energy sector.
Picture
Also Vietnam has the second-highest level of oil reserves in East Asia. About 40 percent of Vietnam’s output comes from fields operated by the Vietsovpetro joint venture with Russia. In March 2013 they launched free-trade negotiations, once completed this would deepen commercial links further.

Also China has been investing heavily in Vietnam which means those countries will be going through the BRICS bank not the World Bank or the IMF.

I personally believe it is a safer investment than the Iraqi, only because the country is at peace and it is aiming to prosper using the alternative method to the current system.

China has been pushing to bypass the US dollar for a while now, and with the creation of the BRICS Bank; this is possibly achievable within a year.

 In addition, many deliberately suppressed currencies may increase in value as well. The hard metal based assets like gold and silver along with the resources of the country will dictate its currency’s value, as it should have been but currently it’s not.


http://www.charmingelements.com/currency-reset.html
Money Revaluation and the Currency Reset will Occur Due to Many Reasons  

IRAQI DINAR 123 NEWS: 900 Billion Iraqi Dinar Project for Economic Revival, 21 NOV

Iraqi Dinar 123 News :- Iraq is trying to revive its country economically and they are investing in different schemes for the betterment of their country. The Municipal Ministry approved of the great streams of Hilla which was to be completed from the budget of 2014 in three different stages. This project was something that was to be handled with the total cost of 900 billion dinars and with the help of proper technicians it is a good idea to handle out things and get the project completed in the best possible way.

For a country like Iraq it is very hard to develop such projects. The management of the large amount of money to be invested in a certain project when the economic conditions of the country are so bad and the budget on which the project was depending was never released too. The country has security issues as well which causes problems for the project managers. It is a huge investment and once the whole project is completed in a good way, things would turn out to be better and the investment purpose would hopefully be served in the best possible way too. Once this project comes out well, it would be easy for Iraq to manage more similar projects for the betterment of the country.

S3A CHAT UPDATE: MORNING & AFTERNOON, 21 NOV

HALE ALI'I: It's our week! Expect to be at the banks soon. It's a roll of the dice...maybe Sunday, maybe Monday, but expect it before Thanksgiving. Bills are due and Iraq wants to stay in good standing with their creditors, this must happen now.

People will have a lot to be thankful for this year...Enjoy the day!!

GT: Friday Morning Clues.......


It's a ROLL OF THE DICE

Time for public & Private Exchange....Projection date is ON or BEFORE THANKSGIVING

(What Happend to ON OR BEFORE TODAY.......From Last weekends INTEL)!!!!

Snoopy & Charlie Brown are IN THE SNOW While Snoopy's eating a Stack of Bones......& Charlie Brownd watching

Could this mean the CURRENT FRIENDS & FAMILY EXCHANGEs Are "EATING AWAY AT THE CONTRACT RATES" while WE WATCH & WAIT

Bills are DUE (FINAL NOTICES SENT) That IRAQ MUST PAY

QUESTION.....(Aren't they supposed to Pay Bills with their currency??? So HOW do they pay these BIlls W/O a Public Valued Currency....But The GCR Must be Live but NOT at the Street Level because the F&F Exchanges w/Select Customers are EXCHANGING FOR CASH)!!!!

On the LOOK OUT for USN, US Gold & Silver Trading Rates

(how will this indicate the RVs Here?)


China, the BRICS have made an agreement with the ECB to Bypass the US for the RV)

(STILL NOT SURE ABOUT THIS ONE)

EXOGEN: THAT IS NOT VNN CURRENCY IN THE PHOTO AND THE TRANSACTION CHINA COMPLETED IS WITH THE ECB WHO JUST OUSTED CITIGROUP FOR CURRENCY RIGGING AND ILLEGAL CURRENCY MANIPULATION


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

G T November 21, 2014 at 10:21am   More Clues......
On the LOOK OUT for USN, US Gold & Silver Trading Rates

(how will this indicate the RVs Here?)

China, the BRICS have made an agreement with the ECB to Bypass the US for the RV)

(STILL NOT SURE ABOUT THIS ONE)

**********

EXOGEN > G T THAT IS NOT VNN CURRENCY IN THE PHOTO AND THE TRANSACTION CHINA COMPLETED IS WITH THE ECB WHO JUST OUSTED CITIGROUP FOR CURRENCY RIGGING AND ILLEGAL CURRENCY MANIPULATION

G T > EXOGEN Your right....

It's China's!!!   I didn't see the ECB post until after I posted

**********

Danny S. November 21, 2014 at 8:31am GM All- Metals attempting to break through next resistance on track for record volume today.

All time record volume already in the books for this week. Massive & unprecedented moves being made, past three weeks. A toast to really BIG weekends!

FRIDAY INTEL UPDATE!!! Posted by EXOGEN on November 21, 2014 at 6:07am

Guesses to Exogens Picture Intel/Clues:

Vinman November 21, 2014 at 6:20am

It's a roll of the dice....but public exchange is projected on or before Thanksgiving.
....
***********

G T
 November 21, 2014 at 8:52am   Friday Morning Clues.......

It's a ROLL OF THE DICE

Time for public & Private Exchange....Projection date is ON or BEFORE THANKSGIVING

(What Happend to ON OR BEFORE TODAY.......From Last weekends INTEL)!!!!

Snoopy & Charlie Brown are IN THE SNOW While Snoopy's eating a Stack of Bones......& Charlie Brownd watching

Could this mean the CURRENT FRIENDS & FAMILY EXCHANGEs Are "EATING AWAY AT THE CONTRACT RATES" while WE WATCH & WAIT

Bills are DUE (FINAL NOTICES SENT) That IRAQ MUST PAY

QUESTION.....(Aren't they supposed to Pay Bills with their currency??? So HOW do they pay these BIlls W/O a Public Valued Currency....But The GCR Must be Live but NOT at the Street Level because the F&F Exchanges w/Select Customers are EXCHANGING FOR CASH)!!!!

**********

Ranger4564 > G T November 21, 2014 at 9:05am If Iraq's currency is not Revalued in time, Iraq will be forced to negotiate loans with bankers who will of course demand flesh, and therein lies the evil circle jerk called banking.

The country (Iraq) is intentionally being sabotaged so the bankers win no matter whether a puppet like Maliki won the election or whether the bankers had to get their own hands dirty and extract the wealth themselves.

In the end, the only real hope for Iraq is if Abadi remains strong, opposes the cabal and bankers, and sides with China / Russia and gets some aid / assistance / support. I think the French / Germans / Swiss will be lenient on the debt, it's the US / UK / Israel / Saudis / etc who are cabal / cabal puppets who won't be lenient.

Anyway, if there is some sort of news of leniency on the debt, it's good news for Iraq and should be good news for us. If there is news of more austerity inducing loans forced by the cabal, then we will have to continue to wait, as the bankers continue looting unabated.

**********

BREAKING NEWS: Citigroup Said to Be Ousted From ECB FX Group for Rigging

Posted by EXOGEN on November 21, 2014 at 10:19am

The European Central Bank ejected Citigroup Inc. (C) from its foreign-exchange market liaison group after the U.S. bank was fined for rigging the institution’s own currency benchmark, two people with knowledge of the move said.

The ECB removed Citigroup from the panel, which advises the central bank on market trends, after regulators fined the lender $1 billion for rigging currency benchmarks including the ECB’s 1:15 p.m. fix, said the people, who asked not to be identified because the decision hasn’t been made public.

Citigroup was one of six banks fined $4.3 billion by U.S. and U.K. regulators last week and is the only one that also sits on the ECB Foreign Exchange Contact Group. About 20 firms with large foreign-currency operations, ranging from Airbus Group NV to Deutsche Bank AG (DBK), sit on the committee. The panel’s agenda includes how to improve currency benchmarks.

Citigroup is the world’s biggest foreign-exchange dealer, with a 16 percent market share, according to a survey by London-based Euromoney Institutional Investor Plc. A spokesman for the New York-based bank declined to comment.

The panel isn’t involved in how the ECB’s daily fix is calculated. Currency benchmarks such as the ECB fix and the WM/Reuters rates are used by asset managers and pension funds to value their holdings, including $3.6 trillion in index tracker funds around the world.

According to documents released with the settlements, senior traders at the firms shared information about their positions with each other and coordinated trading strategies to the detriment of their clients. They’d congregate in electronic chat rooms an hour or so before benchmark rates were set to discuss their orders and how to execute them to their mutual benefit.

$99,000 Profit

In Citigroup’s settlement, the U.K.’s Financial Conduct Authority gave an example of a day when dealers at the bank joined three other firms to manipulate the ECB 1:15 p.m. fix.

The Citigroup trader told the group he had client orders for 200 million euros ($249 million) at the ECB fix rate. By buying the currency for less and then pushing up the rate at which he would offer it to the client, he could make a bigger profit. The others agreed to transfer their buy orders to him and offload any positions that ran counter to his strategy to maximize his chances of success, the FCA said.

Over the 33 seconds around 1:15 p.m., the Citigroup dealer made several transactions, buying 374 million euros for more than the best rate to push up the fix.

The bank made a $99,000 profit on the trades, the FCA said.

http://www.bloomberg.com/news/2014-11-21/citigroup-said-to-be-ousted-from-ecb-fx-group-for-rigging.html

**********

booyah > EXOGEN JUST..................... WOW!!!!!!!!!!!! SPEECHLESS!!!!

EXOGEN > booyah  MORE BIG 4 BANKS WILL BE KICKED OUT AND "YOU KNOW WHO" WILL BE THE FIRST BANK STANDING

Mark E > EXOGEN   Who ?

Dave > Mark E Wells fargo

Dave > EXOGEN If jp Morgan goes that will tell a tale. Cabal central

EXOGEN > Dave   THEY HAVE TO GO!!!

Dave > EXOGEN Well good then let the clean up begin.

Kenpoist79 > EXOGEN And then we will be able to exchange with that bank.
Cheng XO can you clear the confusion about the relation between the RV release and TRN.

G T > Cheng  TRN is BASICALLY a DIGITAL ASSEt Backing of the Currency Released (vs the CURRENT Petro Dollar)

Cheng > G T Thanks, GT. So that means it's not a physical new bank notes, some have said its it's been released, others are saying, including Landa it has not been released. Do we need to see TRN before the RV takes place. I guess my questions, indicate that I don't fully understand it.

OilRat   Looking closely for USN's (United States Notes) to be asset backed by precious metals