Highlights of Tony's conference call. Updated as the call progresses.
Tony: The reality is we shouldn't be here. Supposed to have been completed . . .and supposed to go Sat. night, Sunday morning. We are still here. Everybody, everywhere is waiting for this. Saying could be any moment now and they are ecstatic. Got calls from three different countries saying this should be our day (other calls saying) . . . our time.
Kuwait bankers have the rate there and it shows pending. Other countries have live rates. No hold, no pending. Waiting for approval. Rates are 10 X's better now than when we started.
CURRENT WINDOW: Tony: Any possible moment. People are in place. Screens are available. My understanding at this point is they are waiting on one agency to give approval and let it roll.
NO RV. What Happenned?: Tony: The plan was for Iraq to complete those things they have. Passing laws like crazy. They want this so bad. Saturday we hear the RV is live. Trading in Iraq. $1.16 US for each dinar. They were trying to pull in the last of the 3 zero notes.
Then I get a call from one country. . . Canada, Puerto Rico, Kuwait. and they have live rates. Told it would happen Sat. Sunday go live.
Then I get a call, . . .one little thing but it’s still going. Friday got information it had been moved from 1st to 2nd. Everybody, super, super happy from what I’me told. Seen the glitch before.
They are not setting up the world with this kind of hype. This is countries all over the place moving. Getting in position. Banks saying it’s today – we don’t know if it’s still today.
We don't know what else they want to be done...all been accomplished. . . Things are all positive at this moment.
- TV Mosques
UNITED STATES: President did sign the budget today and say our economy is about to take off.
- Fiat vs Gold Backed: Tony: Not going to affect us one way or another. It affects the banks and global transactions. . . for the bonds they are selling . . . for the concept of the GCR . . . doesn't affect us. Your getting educated/fearful on something you won't see.
EXCHANGING: The internet people, us who have been paying attention, TPB want us to be done exchanging in 9 days. Possible Scenario: So they could come out with a ridiculously high rate for a small number of days so people rush in to get that rate. Then it would fall and the theory is, people would be scared not to exchange and then that next wave would run to exchange. And third cheese would be it would be released to FOREX and climb and also could drop down from that rate.