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DINARESGURUS.BLOGSPOT.COM_________________ _______

Monday, December 29, 2014

DINAR IRAQ & DONG VIETNAM UPDATE, 29 DEC

Dinar Iraq and Dong Vietnam :ANNOUNCEMENT BY THE GOV OF CBI — THEY ARE ALL READY FOR THE 2015 BUDGET… THE IRAQI ECONOMY AND ALL OF THE CHANGES ARE HUGE AND HAVE TAKEN YEARS. CBI CONTROLS THE ADVANCEMENT OF THE EXCHANGE RATES — THEY ARE INDEPENDENT BUT THEY ALSO NEED THE LAW UPHELD AND TO WORK WITH THE GOVERNMENT IN THIS. THE BEST PART IS THEY ARE READY FOR THE BUDGET… THEY DO NOT HAVE IN INK IN THE PAPER THAT THE BUDGET HAS BEEN VOTED THROUGH TODAY…BUT, THEY ALSO HAVE PRINTED THE BUDGET AND ALSO SENT IT TO THE IMF WHO HAS MADE COMMENTS ON THE BUDGET OF 2015 FOR IRAQ…THEY ARE SAYING THEY ARE EXPECTING IT SOON (BUDGET).

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MONDAY WILL BE THE LAST DAY FOR ISX, THEY WILL COME BACK ON 01/11/15. NOT THE 7TH….THEY CHANGED IT… SOMETHINGS GOOD IS BREWING! [ I would think that if the ISX comes back on line January 11th, they should have a rate in place 7-10 days prior.] I AGREE. CBI DON’T HAVE TO WAIT UNTIL THEN.

S3A CHAT : SHORT UPDATE, 29 DEC

S3A :
  • WOW! Words escape me on today's Intel... All I can say... WOW!

    • Get ready we made it lvegas

    • Went to the bank
      cause the Intel was hot.
      Tried to withdraw some
      Teller said "NOT"

    • YUP, I made several calls, made several visits, Got the same. Only thing positive was 2 contacts saw progress happening on the UST trading Platform. 1 was contacted by Paymaster and verified all their information.  My contact on one of the groups, which I am not a part of, but know well.. said all was on track and felt did not need to go to Reno. When ready, just go to your bank.

    • I'm hopin'
      but incase it's hapnin NOT:
      They came for my house
      I said hey fool
      Look at these millions of Dinar
      makes me drool

      They said   ...
      as they towed the house away ...

      can get it out of pawn
      on your BIG pay day


      Don't call 'tell TRNs on tap
      your just a bitch for that guy called ZAP
  • The rv is first then the gcr these can happen with in a minute from each other...just saying

IKO WARD POST FROM TNT: " THIS REALLY IS THE ELEVENTH HOUR, THE FINAL WALK", 29 DEC

IKO WARD :I can't believe some of you still do not know even the most rudimentary facts of this RV. If you are in this chat it means you've been here what, fifteen months? Well, now it's too late. All those months spent saying hello and talking about food or sports or cars and you don't know how to set up a brokerage account? Or what your tax liability might be? Or comprehend the language in the 2015 budget? Or the difference between the CBI and Forex or any of the secondary platforms? Forget about dreaming of that island home, you won't have the money! 

How many know how much of your currency is long term or short term Capitol gains? How many of you have actually donated to the site? Have you copied what's in the forum. Did you listen to Rayren's tutorial on Foundations? (Which was free BTW) There are precious few who can answer yes to these questions. Oh, I know, four or five hundred can, but that leaves the other nineteen thousand still clueless.

 Forgive me for sounding like a pissed off highschool coach but that's how I feel. And if the things I've just said make you angry then take a minute and figure out why. Be honest with yourselves. If the site suddenly goes down and you can't get coaching from DC or Tony, how many of you can go into a bank and negotiate your deal? How many of you can even find an exchange center for that matter? How many have taken the time to copy out Daz's toolbox and other gems? These are the things that should have been the meat of every chat, every call. 

This post will probably reach around 7-8000. Sorry for the style, but this really is the eleventh hour, the final walk. I've tried the touchy-feely approach. Some need a good smack upside the head. If you have any influence here in the room or with people you know who have currency, tell them is urgent. Better to be embarrassed over another false alarm than broke in six months or worse, be saddled with some six-figure debt. I know some of you are going to get defensive and lash out back at me but I'm hoping more get the message. You're out of time. We're going to the bank. Wake up. It's no longer a dream. It's real

S3A CHAT UPDATE, 29 DEC

The chinese said get this done i would tell you more. But, there are too many here that dont want to hear....just know we are in the moment dont look at the Now look at the process has started the Republic is coming the republic is coming


  • You da man PT!


  • Thank you , you can tell us that want to hear


  • God bless PT


  • The hold on the funding backing the Usa AMERICAN REPUBLIC is being lifted. As early as O`any moment...TIMBER


    • Great news!  I bet they could accomplish a lot more quickly with funding!  TIMBER!!!


    • Much appreciate your insight PT :-)


    • As thankful as we should all be to mike Cottrell the announcement he made the other night still makes him look like a punk


    • very wise, venerable grasshopper :)


  • Cry wolf....the REPUBLIC IS COMING THE REPUBLIC IS COMING

SUNNY POST FROM TNT : TONY'S CLIFF NOTES, 29 DEC

Highlights of Tony's CC, updated as the call progresses - Sunny 
  
Tony's Tweet Today: "Great call with great info from D.C. coming.   Tanslation:  DC will talk twice as fast - 
Rayren:  This is "Magnificent Money coming to me Monday.

Tony:  I'm looking for an announcement today, tomorrow or Wednesday . . . in next 72 hours I think we will see it.

DC:  a lot of minor movement.  Everything is lined up after last minute nit picking . . . for it to happen in the next several days.  Still want to get this done on or before the 1st.

Tony:   Iraq has been ready since the first of the month . . . This is different because . . . come January this is going to be law in the Gazette.   Once they announce the 2015 budget there is no excuse for them not doing it.
DC: Team in Iraq from UST, Federal Reserve, US state department. US wanted things and agreed they would no longer move the goal post. . . believe all of those minor provisions completed.  Believe it is now in Iraqs hands totally.  

WHERE WE ARE:  DC says, the delays created by US demands on Iraq seem to have been met.  US wanted all T’s crossed and I’s dotted.  Check list completed and monitored by IMF & BIS.  DC believes little to no notification will be given to other countries.  They will just do it and notify everyone later. 

IRAQ:

Parliament 
CBI:  Website seen in USA has little to no information.  Website seen in Iraq is very different according to caller.  Her brother transmitted it for a few seconds and then connection cut off.
BUDGET:  to be published in Gazette January 1.  Rate in budget still shows live, International rate of 1166.  Statements within say, "When this becomes effective . . . implemented . . . will change to new rate."

UNITED STATES: 
  • Banks:   Still on standby.  No one in position.   All US banks are not Basel III compliant but working on it.
  • Roll-out Plan:  One bank still required to take general public.  Plan is still for internet and groups to go before general public.  DC expects some will be exchanged before the holiday (New Years).  Want to make a ton of appointments in first 36 hours.  Tony and DC speculated prior to holiday could be used to make appointments with peeps exchanging after the holiday.  
  • Exchanges since Oct 31st have been cash not SKR's.
DC:  Even the most cynical guys are believing that the US made a bunch of promises to very powerful people in the US to be able to move money before  the 1st during banking hours.
  • Dong Rate:  $1.02
  • Internet #'s  200,000 - 300,000 following Tony and DC.  Expect each person to connect with 10 others and them to connect with others growing into 3 million or more rapidly.
  • 800#:   Maybe regional specific.  When released it's STRONGLY advised to make your own appointment first before passing the number along.
  • Exchanging:  high population areas may take longer to complete or get in than somewhere like S. Dakota which is sparsely populated.
Contract rates 
International Rate

CLOSING STATEMENTS:       

   

DC:  In the budget, the one officially published in the gazette, Jan1 they have that it’s 1137 (the rate) and budget is 123 trillion dinar.  . . if you read throughout the budget, “upon economic exchange or “implementation of increased purchasing power” . . . Extremely close to getting this thing done right now.  Everyone set up for this getting done very quickly. . . waiting on Dr. Abadhi’s office to sent out notifications.  . . . they are very ready to have this done and completed pronto.  . . get this done on or before the 1st.  US folks have promised a lot of very powerful people to have this done before the 1st. . . believe contract rates still available but only small percentage will have access to it. . . rest access to Int’l rate of $3.58.     My expectation is this is our last call.  Have a very Happy New Year!
PAM: Missed the lovely lady who made the wonderful warm slippers for me by hand.  Want to say thank you to everyone who has done so much for us.  Intel, supporting members, , those helping others, our guest mods, transcribers . . . mods are amazing men and amazing to have the kind of support team we’ve had.  Thank you all.
RAY:  Magnificent money is coming to me Monday!
TONY:  It’s a great day.  I think we are there.  . . we think everything is finally done.  Hearing from Iraq side, we’re waiting for Abadhi to give the go signal. . . waiting on this side for some powerful people  . . . promised before the end of the year. . . Put in the public this will be law on the first.  I’m still enjoying Christmas. . . we can still be bearing gifts and enjoying Christmas again.  Today is the 29th and they’ve stated . . .the first.  I’m feeling good.  Enjoy the rest of your day.  We’ll tweet out sooner than later.
I don't know if I'll have a connection on Wed. and frankly hope we all are not doing a regular call on Wed.  This Momma needs new shoes!                    

TNT CC NOTES, PART. 1, 29 DEC

TNT Call notes 29-Dec-2014
Tony:  Good morning, TNT!  Today is Monday, December 29, 2014.  Pam has already thanks our transcribers and OpenMike transcribers for all they do.  I hope everyone enjoyed their Christmas, and Christmas continues…
Just because this didn’t happen on Christmas, don’t be sad:  You can have another Christmas on Monday, Tuesday, Wednesday and every day. I know many take their tree down immediately after Christmas;  I usually leave mine up until New Years, and you might want to put a couple present under it, to open on New Years.  DC, glad to have you back – you’re the only one who had a vacation!
DC:  I was down from seven to 4.5 Christmases with my family!  There have been minor movements. Everything is lined up right now for this to happen in the next few days, and there are several windows they hope to it.
What happened was this:  as we spoke about before Xmas, everyone has been moving this goal posts for several years, to beyond ridiculous, to where they said, “get this done or bad things will happen”.  There are US teams in Iraq, and they pulled together the laundry list.  Let’s have the BIS and IMF monitor this list and decide what’s reasonable to be get done. The list was a lot longer than expected, mostly from the American side.  This checklist was set up , and published to all sides, so that the US would no longer move the goal posts, nor Iraq change their mind on anything.
They had some big tough points that Iraq worked on and fixed quickly before Christmas – maybe mid-month.  No, said the US, the list is not done yet!  So they fixed those, and the US came back and said NO again. That’s how it’s been over the last 2-3 weeks, that they keep going down this list. Nobody expected Iraq to be held to that list, even on the US side, but they were. That’s why it was all ramped up on all side, with the expectation that the rest would be cleaned up after the announcement because nothing major was left.
It turned out that some people were in position to cross all Is and Ts, and they insisted, and that’s why they said they were ready on the 23rd, the 25th, and so on. We believe all those provisions were finally completed this weekend.  Now we believe it’s in the full hands of Iraq to initiate this deal. They have promised their people and everyone else to get this done on or before the 1st.  They will not send out a lot of notifications prior to window;  they will just do it and notify everyone later. This was what they were trying to get ready, because everyone else was told to get ready by the CBI and IMF. Everyone is now past being ready, and now no one trusts any advance notifications. They won’t move until Iraq has actually pulled the trigger.
Basically, Iraq was nitpicked to death for the last three weeks, but now we are certain the checklist has been completed, the IMF and BIS have agreed, the US is supportive, and it’s in Iraq’s hand. They are saying 15-minute notification rather than two days – which would give them the opportunity to change things again.
Tony:  We have said this before, and I understand that everyone is wondering if THIS really is the time.  I get a lot of texts that don’t’ have time to answer. Iraq has been ready since the first of the month, and announced to their people they would do it on television and in the papers. They are looking bad to their own people, and they are eager to do this. They have been nitpicked, on things that have nothing to do with the RV, so it’s more to drive people to the point where we are now.  The process was still moving and it gave us hope to the end, although it could have been processed at any time.  Now Iraq is on television and newspapers saying “this becomes law in the Gazette on 1. January”, and that makes it look real to me. The US has made promises that this time there are reasons to get this done by 1. January. So it’s a different situation, with more people believing in it, not all the frivolous stuff we have seen before. Everyone is on standby, but no one is being moving into position like they were before.  However, the promises are bigger that this will be done by the first. 
Once the budget is live, there are no blocks or issues. There is nothing left that has to be done before this happens. Abadi has created a transparent government of unity, and they are constantly publishing what they have accomplished.  There are not excuses left, and I like that!
DC: For those access, the budget says it’s at 1100+, but there are also riders saying that once it has been ratified and implemented, there are many ways of interpreting how much money is available for the actual things they want to do.  They will increase the value according to the new rate.  We were not waiting on this; it was agreed at the last minute to make everyone feel better. The rate was agreed since September. This was just the US and other countries ensuring Iraq is a good steward, and as a forcing function.
Tony:  But the revaluation could have taken place at any time.
817 caller:  I haven’t talk to you, Tony, since PTR;  I followed where you went.  I like being in the moment and learning the process. For those who don’t, I wish they would go somewhere else.  I’ve been on since 7am central time. 
Tony:  Maybe we need a separate ‘announcement site’, and they can check there daily. 
Caller:  I’ve been paying attention to the CBI, and they have not updated their website since the 25th. Also the Scandinavian currencies are not listed there at the moment.
DC:  Let’s say your boss says you’re going to update or point the markers to a new site as soon as that is ready.  How many times will you be motivated to update the old one, when you are going to scrap it in a few days?
Caller:  I know that this CBI website is run from the US, and they do have another website.  However, if your own IP address is in the US, you cannot get on that other site.
CD:  Yes, there are a few CBI sites, and two are based in the US, and one is in Baghdad. They also have another complete site ready to go with the new rates and conversions – that is ready to go. Every time they adjust the rates, they have to adjust those sites as well.  No traffic is directed to those sites, they are being used for tests, but they are ready.
Caller:  I was curious because I have friends in Iraq, including a gal I grew up with;  her family is in Baghdad and they are all happy, because their site looks different. They were telling me about the $3.58 on their cards!  But we can only get on the US website; I call my friend and ask for the news, and she tells me what her mother in Baghdad is doing…
DC:  If you can create a virtual DNS tunnel and push it through to Baghdad so it looks like you are an internet café in Baghdad, you can get a really pretty picture.
Caller:  My brother did that and succeeded for about 40 seconds.  We saw the Iraqi site for about four seconds and then got blocked.  I’m energysparkles on the TNT site;  Pam, did you get your Christmas gift from me?  I made slippers and sent them to her, because I know Pam is the real meat behind all this!  I am an administrative assistant to presidents and vice presidents of companies, and I was doing all the real work while they got the glory.  I would tell one CEO to sign the checks, and he would refuse until I threatened him with his wife, and then he would sign.  So did Pam get the slippers?  [Appreciation]
650 caller:  Let’s say they go by the first, what’s your feeling about the rollout plan?
DC:  In the US, I think it will be the same as we talked about:  the internet people will go first, and everyone else will trickle in later. Each bank will have their own processes.  The exchange centers will be open late.  One bank will be obliged to take all comers, and the other banks can pick and choose.  That bank will have affiliates in places they don’t have actual branches.
Tony:  If it happens today or tomorrow, will they have exchanges for the next day and a half, or will they give us a day of training so we can explain it to them, then start exchanging on the 2. January?  Which is more feasible?
DC:  They will open up some now.  How much will they get done before the holiday?  Not many.  They want to make a ton of appointments in the first 36 hours, using the trained call center guys who are also trained to make exchanges.  The initial surge might be deal with 60% of the phone calls made, and then some those people can be redirected to run actual exchanges.  That would increase throughput.
Tony:  They could just that first 1.5 days to make appointments and then people would be happy just knowing they would be going to the bank.
Caller:  Do you have any intel on possible delays?
DC:  Even the most cynical of the informed sources believe that the US made a bunch of promises to extremely powerful people in the US that they can move some money before the first… and that was confirmed this morning.  Ordinary mortals probably won’t get their appointments until the new year, but some will move money right away.  The most cynical ones still see this being open to the informed public, and the general public cannot be far behind.  They don’t fear us; we are not that important.  Their attitude is that Bank XYZ is stuck with dealing with the general public in exchange for having made so much money of this to date.  They know they cannot restrict the system;  they’ll have to exchange 25K dinar notes and that is it.
The live public international rate is still 1166, but in the budget and other Ministry of Finance information, they say “Once it happens, the rate will be this”. They are consistently saying that.  However, until ALL the everyday folks in Iraq, the US and in all other countries can exchange at $3.58, they have to stick with 1166. So “when this is implemented, the new rate will be 3.58”…
DC:  If they weren’t going to do it very quickly, they would not have issued fils, trained up everyone in Iraqi and US banks, and all the other signs we have been seeing.
Tony:  We have paid a LOT of people, and Iraq has done the same thing. Some people have been paid, and have cards that work inside and outside the country.  However, the Iraqi general public are waiting, just like we are.
DC:  Tony, what is your understanding of the number of folks who have gone through?  How many have had SKRs and how many have received cash, percentagewise?  How many actually got real cash?
Tony: A lot of people got access to a percentage of their cash. Since October, most people got a percentage for the first three days, and then got full access to their cash. There have not been SKRs.
425 caller:  Belated Merry Christmas to both of you!  I have been hearing that the numbers really weren’t showing in the budget, so I’m a little confused there.
Tony:  We got six pages this morning with the actual numbers in the budget – not the RV numbers, but firm numbers. The budget is set up at the current rate, but in several different places, they say “once this is implemented, this will go to the new rate.”  In order to pass the budget, they had to do the current rate.  The rate will change once the budget has been implemented.  Once they could have made the RV announcement at any time, they will reprint the budget at the new rate.  The new rate is posted on their Qi cards and bank accounts;  they know what that new rate is.  They are just waiting for the budget to be implemented by the 1. January.
860 caller:  My brother is wondering about the VNN rate. Also, you said the internet people will go first with the rest to follow.  How does that work?
DC:  $1.02 is the last one I saw.  That was before Christmas.  When Tony puts out an 800 number, the ones paying attention will call that number, and then send in their family.
Tony:  We have been told to make our own appointments first, and I understand that and it’s what we tell everyone else.  Maybe 250K will hear this call. They will give those people ten days to exchange, and then the regular people will flow in. They won’t give priority to the general public, or 800 numbers;  they will just have to figure it out themselves. 
DC: My friends in the Dakotas will go through in the first day;  in Atlanta, where there are a lot of dinarians, it will take longer. The initial sphere of influence is maybe 300, 000 paying attention, and maybe 1.3 million hear about the 800 numbers right away. Those listening to the call will respond right away and call right away. They expect each person to inform at least ten people, so that is then 3,000,000, and from there the information flow peters out. So they expect most of the dinar holders will be information quickly.
Caller:  There’s a little Christmas in January, so we haven’t missed the mark.  The Iraqi government has done a super job.  [Appreciation]  We’re getting smiles in real soon!
DC:  When is Festivus?  [What is “Festivus”?]
954 caller:  Will we get the 800 numbers still?
Tony:  I think so.  If they give them to me, I’ll sent them out by tweet, as a Tony blast, and on the websites.  As soon as I am authorized, I will send them out and that will get the party started.  They are saying that on 1. January the budget it becomes law, so in the 72 hours we will see it.
636 caller:  Are all the US banks Basel III compliant?
DC:  They are striving to be, but not all are there yet.  It is not relevant to this RV. 
Caller:  Does the UST have enough to back this exchange?
DC:  Not relevant – but Iraq does have enough in assets to do this.
Caller:  I heard the banks are now fighting with each other – does that add to the delay?
DC:  No.  Banks have known about this, although most tier 2 banks are clueless. The banks who had it before did so because they won the confidence of the UST, BIS, and the Iraqi government. They switched banks at least two times, but all of the lead banks understood that they get the  profits of the big players, but also have to exchange the little guys – the good with the bad.
Tony:  Wells, Citi and Bank of America each had a shot.  The email that went around aims to get everyone riled up, saying the banks are mad because they weren’t getting a share.  All the banks were offered a share, and some decided they didn’t want to be involved will all the little guys.  They opted for this system, so why would they get upset now? We went through this a year ago.  Some banks said it wasn’t fair for it all to go to one bank, but when they realized they would have to deal with the bad as well as the good (in banking terms), they opted out again.  We talked about this a year ago.
Caller:  If there is not a WF bank, what then?
DC:  They probably won’t open an exchange center, but will deal through a sister bank using the old Bank of Ireland system. They already handle foreign exchange for most of the banks using that system because it’s not worth the bank’s while to handle that in-system. There are tons of those banks in St Louis and everywhere else. They are already lined up to do it. 
Caller:  If this happens today or tomorrow, it would be stupid to exchange before the 1st because of taxation – better to owe taxes for next year than this year in terms of tax deductions, etc.
DC:  Yes, indeed.  We think now that this will go into the normal tax rate system. Get a good tax attorney, create as many tax deductions as you can.
Tony:  You think the majority of people will have a whole year to figure out their taxes, not quarterly taxes?
DC:  I am not a tax attorney, but this is what I hear – they will fold these exchanges into the normal tax structures.  If you’ve had it more than a year, you’ll pay long-term capital gains, and less than a year, you’ll pay short-term capital gains.  If you normally pay yearly taxes, you will probably have until April 2016.  If you have a normal income, this April you will probably pay about what you paid last year plus a percentage, and the rest will be due the following April.
Tony: Whatever you do, set the estimated taxes aside until you know what’s going on.  Don’t invest it (except very conservatively) because you don’t want to risk losing it.