,
DINARESGURUS.BLOGSPOT.COM_________________ _______

Friday, January 9, 2015

S3A CHAT UPDATE, 9 JAN

S3A: 

  • Gleaned out of the TNT notes:
    • DC said: ZIM Currency seems to have a new printing - AA series going to be allowed and others out of circulation will be allowed to go away.  He said, all 4 currencies have already been exchanged so not likely they would now disallow what they've been exchanging. 
    and then this from Adept's notes:
    DC: Some currencies can only have certain bills. Zimbabwe will only allow 100 tril and 50 trill 2008 series AA, and the rest are collectors items only.


    • I 3rd it. Was on call. DC NEVER MENTIONED a denomination, said AA 2008, is his understanding.


    • That may be in the notes, but he did not say the 50T and 100T notes, he just said the AA series, which is the last valid currency for Zimbabwe. They cannot, by IMF rules only accept just part of a currency series. That is what makes sense. With that said however, "There are no Rules" even tho there are SOME rules.

    • I heard the call and agree that DC (Winston) did NOT mention the 50T and 100T only Zim notes--he only mentioned the 2008 aa series implying ALL THE DENOMINATIONS of the ZIM would be exchangeable.
      Here is the most accurate transcription of DC guy's words:
      cj101 wrote

      DC- SOME CURRENCIES [the banks] WILL LIMIT WHAT IS ALLOWED. LIKE THE ZIMBABWE DOLLAR - WE BELIEVE THEY WILL ONLY ALLOW THE 2008aa.


  • So does that mean that the billion dollar zim
    notes are out of the question. ..

  • All 2008 AA series (ZWR) "should" become valid. 
  • TLAR TIDBIT, 9 JAN

    1-9-15 Tlar: I have avidly followed the dinar since Nov 2008. One thing I have seen the CBI do over and over is try to get the government on board to monetary change. IMO the facts to me show that Shabibi was ready as far back as 2010 and with each passing year he set up deadlines that he had hoped to hit on currency change. This was all before the laws that some feel now are so important or before any budgets.

    In fact the CBI stated not too long ago they will do this when they think the time is right, with or without the budget being done. Monetary change is in itself a goal stated by the CBI and IMO it in itself must be independent of everything else.
    The job of the CBI is to protect the currency and IMO that's what Shabibi was doing in his last years by trying to institute this program.  The most important thing that bleeds through all the years is government support. Had he had the support of the government and its institutions it is my belief this would all have been over years ago but one can only speculate why Maliki has adamantly fought this all the way.

    Government support was needed then and today we finally see that in place. That's why I think we are so close you might be able to touch it. This weekend will see if I'm right or wrong. I think they are as they themselves have stated "ready".

    RANDY KOONCE POST: HOW YOU MAKIN' IT?, 9 JAN

    How you makin' it ?  From: Randy Koonce 

    Date: January 9, 2015 at 2:35:36 PM CST  Subject: Dinar Update  HTML Message

    How are you makin it. XXXXX? I am adding a date to archive..Friday, January 9, 2015

    First Off I won the Nigerian Lottery so I am set as it is....... Again No one has cashed in. There are no #800 numbers no groups that you have to get in.......

    Please if you want to quit going up and down on a Roller Coaster Ride you will need to understand this is just an RV or RI which ever you want to call it with Iraq.....

    There is no Global event No Treasurey notes to Print..... That is why Iraq is doing exactly what they want on this RV.... and why Obama can slow it down.....

    One of the reasons I waited so long was I know a lot of people had multiple reasons for it not happening and then it was suppose to happen by now... Hence the Roller Coaster......
    ~~~
     If you want to chase articles then just look for the ones that say they will pay salaries or Kurds..... and then we wait to see if that actually happens.......

    Well some articles finally came out about the kurds. Do not worry about the budget because they will not open it until the RV so following the Budget is not a great plan.....Remember they passed 4 budgets and as of yet opened one.

    So a window will open Sun evening until the middle of Feb.... I know it is a little large window but many things are happening on the inside that could make it go fast or slower.... but just relax...
    check the cbi.iq.... when it RV's whether it is now or later I will send out letter from Currency Chatter and Personal email..... 

    There is pressure for it to come out because the Military which everyone needs to fight ISIS are not hanging in there not being paid..... so Obama has been having issues on money...for that and since the US does not have the money then Iraq who has the money with the RV is sitting waiting on Obama to let them do this thing.....

    Again do not ask how one person can stop the RV............ WE OWN IRAQ so what ever US says "OBAMA" that what Iraq tries to do. IT is very hard on them to defy US.......... So there is now a window and After we RV just thank the Lord for being able to hang in....

    Oh I did hear rumors about me... Cashing in, getting out, Truth is I do not like to say anything until I know we are in a good window....That being said anything can stop it slow it down or get if moved...

     I know because of all the places to get information we think that it is moves every day but it dos not. So instead of making people go up and down just waiting on information.....

    I just wait until there is something to say.....or the timing is getting closer....... so lets see if the next few days brings us some happiness.... 

    I want to thank everyone for the good wishes for my Dad getting better with the stroke.... he has no paralysis and is doing much better.... Thank you all.....

    We are close.. Every large bank will exchange..     Breathe,,,

    Check www.cbi.iq every day to see if it has changed... do not take a guru or a post about in country RV or any thing else do not be fooled just check the CBI   Do not let your emotions get to you. 

    BREATHE BREATHE......... Yes I will do a meeting after the RV...... do not worry I will send out email.....

    MICHAEL COTRELL LETTER, 9 JAN

    Posted Today, 01:30 PM
    PLEASE DISTRIBUTE AS WIDELY AS POSSIBLE!

    I RECEIVED THE FOLLOWING MESSAGE FROM MY CLIENT, MICHAEL C. COTTRELL THIS MORNING; PLEASE BE SO ADVISED:

    PLEASE SEND THIS OUT VERBATIM.


    THIS DOCUMENT IS FOR PUBLIC RELEASE IN ITS ENTIRETY AND VERBATIM:

    I, MICHAEL C. COTTRELL, B.A., M.S., DO HEREBY SWEAR AND AFFIRM THE FOLLOWING FACTS:

    1.  THAT IN FURTHERANCE TO THE AFFIRMATIONS GIVEN ON DECEMBER 20, 2014 (#1) AND JANUARY 6, 2015 (#2) ARE BASED ON THE ENCLOSURES GIVEN AND THE FOLLOWING ENCLOSURES:

    *       ENCL: # 1-1:  LETTER ISSUED TO THE HONORABLE PAUL H. O'NEILL, SECRETARY OF THE TREASURY DATED 25 MAY 2001, PAGE 1;
    *
    *       ENCL: # 1-2:  LETTER ISSUED TO THE HONORABLE PAUL H. O'NEILL, SECRETARY OF THE TREASURY DATED 25 MAY 2001, PAGE 2;

    *       ENCL: # 1-3:  LETTER ISSUED TO THE HONORABLE PAUL H. O'NEILL, SECRETARY OF THE TREASURY DATED 25 MAY 2001, PAGE 3;

    *       ENCL: # 2: STATE OF MARYLAND DOCUMENT ("ENCL: G-3") IDENTIFYING THE MAILING ADDRESS OF DELMARVA TIMBER TRUST AS 1157 WEST 7TH ST., ERIE, PA, DATED 15 JANUARY 2002;

    *       ENCL: #3: STATE OF MARYLAND DOCUMENT (EXHIBIT "EXHIBIT 15") IDENTIFYING MICHAEL C. COTTRELL OF SAME ADDRESS CONFIRMING RE-ORGANIZATION OF DELMARVA TIMBER TRUST VIA ARTICLES OF AMENDMENT, DATED 28 MARCH 2001;

    *       ENCL: # 4:  ACKNOWLEDGEMENT OF SPECIFIC POWER OF ATTORNEY REGARDING CHERYL D. (MEDDLES) TORRES TO MICHAEL C. COTTRELL, SIGNED AND NOTARIZED 17 OCTOBER 2001;

    *       ENCL: # 5-1: SIGNED AND NOTARIZED AFFIDAVIT BY MICHAEL C. COTTRELL DATED 29 DECEMBER 2008 ISSUED TO HER MAJESTY QUEEN ELIZABETH II AND HIS ROYAL HIGHNESS THE DUKE OF EDINBURGH, PAGE 1;

    *       ENCL: # 5-2: SIGNED AND NOTARIZED AFFIDAVIT BY MICHAEL C. COTTRELL DATED 29 DECEMBER 2008 ISSUED TO HER MAJESTY QUEEN ELIZABETH II AND HIS ROYAL HIGHNESS THE DUKE OF EDINBURGH, PAGE 2;

    *       ENCL: # 5-3: SIGNED AND NOTARIZED AFFIDAVIT BY MICHAEL C. COTTRELL DATED 29 DECEMBER 2008 ISSUED TO HER MAJESTY QUEEN ELIZABETH II AND HIS ROYAL HIGHNESS THE DUKE OF EDINBURGH, PAGE 3;

    *       ENCL: # 5-4: SIGNED AND NOTARIZED AFFIDAVIT BY MICHAEL C. COTTRELL DATED 29 DECEMBER 2008 ISSUED TO HER MAJESTY QUEEN ELIZABETH II AND HIS ROYAL HIGHNESS THE DUKE OF EDINBURGH, PAGE 4;

    *       ENCL: # 6:  SIGNED PAYORDER ISSUED BY AMERITRUST GROUPE, INC. TO MICHAEL C. COTTRELL SIGNED BY LEE EMIL WANTA DATED 11 JULY 2007;

    *       ENCL: # 7: MINUTES OF SPECIAL MEETING OF THE BOARD OF DIRECTORS OF AMERITRUST GROUPE, INC. IDENTIFYING MICHAEL C. COTTRELL AS SECRETARY/TREASURER OF SAID CORPORTION SIGNED BY LEE E. WANTA, DATED 28 DECEMBER 2004;

    *       ENCL: # 8:  MINUTES OF SPECIAL MEETING OF THE BOARD OF DIRECTORS OF AMERITRUST GROUPE, INC. IDENTIFYING MICHAEL C. COTTRELL AS EXECUTIVE VICE-PRESIDENT/TREASURER OF AMERITRUST GROUPE, INC. AND THE APPROVAL OF JONT VENTURES BETWEEN PENNSYLVANIA INVESTMENTS, INC. ("PII") AND AMERITRUST GROUPE, INC. ("ATG") SIGNED BY STEVEN D.GOODWIN, LEE E.WANTA, AND MICHAEL C. COTTRELL (DIRECTORS) DATED 16 DECEMBER 2006; PAGE 1 AND 2;

    *       ENCL: # 9: PRIVATE JOINT VENTURE BETWEEN ATG AND PII, PER RESOLUTION(S) OF EACH COMPANY SIGNED BY MICHAEL C. COTTRELL AND LEE E. WANTA DATED 30 DECEMBER 2005;

    *       ENCL: # 10-1: AMERITRUST GROUPE, INC. ANNOUNCEMENT AND CORPORATE APPROVAL OF "JOINT VENTURE PROGRAMME FUNDING" FOR THE AFOREMENTED JOINT VENTURE, SIGNED AND ISSUED BY LEE EMIL WANTA, DATED 2 JANUARY 2008, PAGE 1;

    *       ENCL: # 10-2: AMERITRUST GROUPE, INC. ANNOUNCEMENT AND CORPORATE APPROVAL OF "JOINT VENTURE PROGRAMME FUNDING" FOR THE AFOREMENTIONED JOINT VENTURE, SIGNED AND ISSUED BY LEE EMIL WANTA, DATED 2 JANUARY 2008, PAGE 2;

    *       ENCL: # 11:  AMERITRUST GROUPE, INC. NOTIFICATION OF DISTRIBUTION OF FUNDS INDICATING THE HOLD OF ALL TRANSFERS FROM AMERITRUST GROUPE, INC. TO PENNSYLANIA INVESTMENTS, INC. REVISING ORIGINAL AGREEMENT DATED 26 DECEMBER 2007, SIGNED AND ISSUED BY LEE E. WANTA, CHAIRMAN/CEO/PRESIDENT DATED 12 JANUARY 2008.

    2.  THAT AS STATED IN MY AFFIRMATION DATED 6 JANUARY, ITEM # 4, IDENTIFYING THE ROLES OF OTHER MEMBERS OF THE BUSH FAMILY AND OTHERS REGARDING THE THEFT AND ILLEGAL USE OF MY NAME, PASSPORT, AND CORPORATE AUTHORITIES TO COMMIT CRIMINAL FINANCIAL FRAUD AND THE COLLUSION BETWEEN SAID PARTIES IS FURTHER IDENTIFIED WITHIN THESE DOCUMENTS;

    3.  THAT MY BONIFIDES WERE USED TO SECURE STANDING BEFORE THE U.S. TREASURY TO OBTAIN ACCESS TO SAID FUNDS, AND THAT ONLY BY THE ISSUANCE AND ACCEPTANCE OF A SPECIFIC POWER OF ATTORNEY BY CHERYL D. (MEDDLES) TORRES DID I OBTAIN SUCH STANDING.

    4.  THAT THE 25 MAY 2001 LETTER TO THE HONORABLE PAUL H. O'NEILL FULLY IDENTIFIES THE STEPS TAKEN TO SECURE ACKNOWLEDGEMENT AND ACCESS TO THE TRUST RES ON BEHALF OF THE TRUST AND MR. CHARLES OWEN MEDDLES'S CHILDREN, FURTHER IT RECOUNTS THE SOURCE OF FUNDS, VIA THE AUTHORIZED "DUAL-USE" EXPORTS (AUTHORITY GIVEN BY GEORGE H.W. BUSH, et al.,) AND THE AUTHORITY OF SAID FUNDS BY MR. MEDDLES AS TO PLACEMENT AND DISPOSITION;

    5.  THAT THE AFOREMENTIONED LETTER FURTHER IDENTIFIES OTHER SUB-TRUSTS AND SUBSIDARIES CREATED BY DELMARVA TIMBER TRUST / MR. CHARLES OWEN MEDDLES FOR THE PURPOSE OF CARRYING OUT HIS PRESIDENTIAL GIVEN AUTHORITIES FOR SUCH "COVERT ENTERPRISE" OPERATIONS WITHIN AND WITHOUT CONUS (CONTINENTAL U.S.A.);

    6. THAT THIS LETTER DEMONSTRATES THE STEPS TAKEN TO OBTAIN AN AMICABLE RESOLUTION OF THE ISSUE OF SATISFYING THE TRUST RES RESPONSIBILITES TO THE BENEFICIARIES OF MR. CHARLES OWEN MEDDLES;

    7.  THAT IN RESPONSE TO THE ISSUANCE OF AFFIRMATION # 2, VARIOUS CHARGES HAVE BEEN ISSUED REGARDING MY RELATIONSHIP WITH AND FOR DELMARVA TIMBER TRUST VERSUS THE "SO-CALLED WANTA PLAN" --- THAT THE INCLUSION OF THE 29 DECEMBER 2008 AFFIDAVIT AND ADDITIONAL DOCUMENTS ARE WARRANTED TO ANSWER SAID CHARGES;

    8.  THAT PAGE 1 OF SAID AFFIDAVIT CLEARLY STATES MY RELATIONSHIP WITH DELMARVA TIMBER TRUST CAUSED A "LEGAL CONCERN...AND DISCOMFORT BY PRESIDENT GEORGE W. BUSH, et al., WITH REGARD TO PAYORDERS AND JOINT AGREEMENTS .... DIFFERENCES BETWEEN THE WHITE HOUSE / LEO (LEE) E. WANTA AND MICHAEL C. COTTRELL, B.A., M.S.", AND THAT SAID DIFFERENCES HAVE
    WARRANTED "MR. WILLIAM BONNEY'S PERSONAL GUARANTEE TO ABRITRATE" SAID DIFFERENCES ---SAID DIFFERENCES HAVE NOT BEEN SETTLED AS OF THIS DATE;

    9.  THAT PAGE 3 OF THE AFOREMENTIONED AFFIDAVIT (ITEM 6 a-d) IDENTIFY THE ORIGINS AND MEANING OF THE TERM "WANTA PLAN" WHICH SPECIFICALLY WAS DEVELOPED BY MICHAEL C. COTTRELL, B.A., M.S., AND PRESENTED TO MR. CHRISTOPER STORY, FRSA, AT A MEETING LOCATED IN ERIE, PA ON MARCH 15 AND 16, 2006, AND FURTHER CORROBORATED BY COL. DANA V. WILCOX, (Ret.);

    10. THAT THE TERM "WANTA PLAN" WAS PENNED BY MR. CHRISTOPHER STORY BASED ON THE SIGNED ATG-PII JOINT VENTURE SIGNED BY MICHAEL C. COTTRELL AND LEE EMIL WANTA DATED 30 DECEMBER 2005.

    11.  THAT THE ADDITIONAL DOCUMENTS --ENCLOSURES #7, #8, #9, AND #10 --- CORROBORATE THE AFOREMENTIONED STATEMENTS.

    12.  THAT THIS ISSUE HAD NOT BEEN INTENDED TO BE LEGALLY ADJUDICATED, BUT TO BE RESOLVED BY MR. WANTA STANDING BY HIS WRITTEN ISSUANCES REGARDING PAYMENT NOTICES WITH REGARD TO MICHAEL C. COTTRELL, B.A., M.S., MR. CHRISTOPHER STORY, FRSA, AND OTHERS.

    13. THAT THIS AND OTHER DOCUMENTATION HAS BEEN NOTARIZED AND SUBMITTED TO HER MAJESTY AND HIS ROYAL HIGHNESS HAS ADDED CREDIBILITY TO THESE MATTERS --- AND AS A RESULT OF THIS AND OTHER EGREGIOUS CRIMINAL ACTIVITY, THE PEOPLE'S REPUBLIC OF CHINA AND THE RUSSIAN FEDERATION, ALONG WITH THE 200+ COUNTRIES THAT HAVE SIGNED THE "GOLD TREATY," HAVE SPECIFIED THAT NO FUNDS WILL BE RELEASED (ACCESSED, e.g. ECONOMIC RECIEPT), VIA CURRENCY REVALUATION OR FINES & PENALTIES AND REDRESS OF THEFT, UNTIL THE INITIAL STEP OF THE TREATY AND THE MOSCOW AGREEMENTS HAVE BEEN MET, i.e., THE DELIVERY OF THE CODES AND FUNDS TO MICHAEL C. COTTRELL, B.A., M.S., FOR THE FUNDING OF THE NEW TREASURY OF THE REPUBLIC OF THE UNITED STATES OF AMERICA."

    I, MICHAEL C. COTTRELL, B.A., M.S., PRESIDENT OF PENNSYLVANIA INVESTMENTS, INC., LOCATED AT 1157 WEST 7TH ST., ERIE, PA 16502, DO HEREBY SWEAR AND AFFIRM THAT THE ABOVE INFORMATION IS TRUE AND FACTUAL.

    \S\ Michael C. Cottrell
    Dated 9 January 2015

    JCR3758 TWEETS, 9 JAN

     January 9, 2015 at 2:31pm JC Tweets: Copied From Twitter
    JC ‏@JCR3758  There doesn't appear to be any distractions & in fact the UST is cooperating with the projected adjustments. Bankers are ready.

    JC ‏@JCR3758 It could be live b4 ISX shows it. Iraq is geared up to do it now. CBI is working closely with GOI to get it done. IMF is on very high alert.

    JC ‏@JCR3758 The RV should be released before the budget is officially implemented. Everything is in motion and it is an active process.

    TNT CC NOTES, PART.1, 9 JAN

    TNT Call notes 9-Jan-2015
    Tony:  Good morning, TNT!  Today is Friday, January 9, 2015.  As Ray said, this is Fabulous Friday of Financial Feasibility!  We are here, we don’t want to be here, but I’m still enthused and excited about what DC is going to tell us. We’ll talk about what should have happened and what we believe is about to happen. 
    DC:  In Iraq, they are very ready and eager to get this thing done.  They have finished the budget, although there are articles that say the second reading on Saturday.  In fact, they did that on Wednesday.  The CBI, Finance ministry, IMF reps and Parliament is all ready, with lots of articles about how they are ready to get this done. Everything else in Iraq is going well.  Television and newspapers all talk about economic reform, and how well the Sunnis and Shi’as are playing together, with conversations between PM ABadi and key Kurds, with Sunnis and Shi’as together.  Iraq is quite ready security-wise;  nothing much has changed since Wednesday.  They are absolutely ready to get this done!
    Tony:  Bottom line is… Iraq has done everything they are supposed to do, regardless of whatever articles you are reading that are 2-3 days behind what has occurred. Our sources say the votes have already been taken and passed.  On Monday, the schedule was for this to happen Wednesday noon, no later than Thursday at noon (EST). That is what THEY wanted to do because they did everything required. They were stopped, because someone wanted to review everything, and then someone (in the US) said, “I need you to wait on an announcement.”  Seriously?! 
    DC:  It’s confusing with different interpretations. They seem to be saying “You can go ahead and RI, but don’t make an announcement until I say so.” So now the banks are wondering what to do!
    Tony:  They are saying, “You can go ahead and RI, because the cards are already showing $3.58.”  We are letting certain people use them internationally, so you have already done the RI.  And now you’re saying I can RI to the rest of the country but not announce it to the rest of the world?  Who does that make sense to?  They are told they can RI but not announce it until the US agreed to it – even though they agree that Iraq has done everything. 
    DC:  You can see the confusion and frustration. The US is blandly saying “Well, we told them to RI;  why are you mad at us?”  And they are being told they cannot have it both ways.  We don’t have a timeline on the agreed announcement time. We don’t have that.
    Tony:  Then we have to go back to the history of the last four years, and see what makes sense. We are just waiting for the witching hour, when it makes sense to the financial world, where it would have the least effect on Forex or the markets, I guess.
    DC: When they originally did the plans, they wanted it Thursday evening US, and Friday morning a the mosque. Another time is Friday night in the US, after the evening news dump.  Lots of money movement takes place at that time. Another good time is Saturday night, which is the quietest time in the world.  However, we don’t have direct information, so we just don’t know.  Iraq just wants this done, and we’re not looking for this before sundown in Iraq, because it is the holy day.  However, it’s sundown there now.
    Tony:  ISX is still scheduled to open on Sunday and Iraq wants this 3-4 days before then. Now we are waiting for --- who knows what?
    DC:  Why doesn’t Iraq just announce this, and let the US hang itself.  It’s a confidence game;  the US could really shake confidence in the dinar by blocking this, so it’s important to have the G8 and G20 behind this. They need the US to abide by this decision, no matter how painful we make it.
    In the USA, exchanges are cranking back up, but not at the previous pace because some banks are full and others are handling friends and family.  Some are just prepping now.  Many banks were told on Wednesday to expect it at any time, any hour. They are extremely ready.  The UST is ready, technically and procedurally.  The main question is who in the administration is discussing the exact timeline here.  We know who it is but not what time they are driving towards.  We all want to make sure this is executed perfectly.
    Tony:   ISX opens 9.30 Monday morning.  Iraq said they wanted 3-5 days before then. They could drag it to the last minute, I guess….
    DC:  The ISX is just the Iraqi stock market. They want their stocks to reflect the new prices.
    Tony:  The ISX was supposed to reopen on the 15th, and they pushed it to the 11th.  Only this morning, we heard it might be moved back to the 15th;  that is not confirmed though.  If it is confirmed, I’ll tweet it out after the call.
    I was smoking cigars last night, and this guy said, “Tony, you’re right!  How often do you hear that?” and I said, “A hundred times a day!” The banks only have managers in;  they should get their schedules over the weekend, is what we are told.  [Quick break for text]
    DC:  If anyone wonders if we are rehearsed, now you know we do not!  I’m curious if that rate is pounds sterling, because that would relate to what I’ve heard. We converted it to USD, and it’s the higher rate.  I agree.  This is embarrassingly live, folks.  Tony?
    Tony:  A guy in London just completed his exchange a few minutes ago, a good source who thought he would exchange last Monday.  The rate is live in London, and it could still be only selected clients, but they started calling people in.  He thinks it’s going to be a great weekend for everybody.  That was live, in the moment!  It’s what we expect and hope for, that it might happen this weekend.  That  is not sure, because we also heard that they might be doing private exchanges again.  Why would they do that if they don’t anticipate this in a few days?  Just let everyone go!  Maybe they are doing it because Iraq and England are doing it, so why can’t our banks pick some people?   We probably won’t know until we get come information this evening, but I didn’t want to delay this call.
    DC:  Iraq wanted to get this done two nights ago, and the US said they can RI now, but asked them to hold off on the announcement.  What?!  Our friends are saying that some exchanges are doing through, specifically in London.
    248 caller:  First time caller!  CJ101 in chat [Appreciation, at great length]  About taxes:  I gather the powers are considering what to do, and I’d like to make a few comments.  Please make sure that we have equal treatment under the law.  If I exchange today there are no taxes.  [No true.]  Because this is a once-in-history event, are we going to be taxed the same way that those exchanging in 2013 were? The RV didn’t happen then, but they knew the RV didn’t happen when they created that situation. Will history see that we were treated fairly?  There are new taxes in place now, instituted since then, and capital gains tax levels are higher.
    DC:  You said it more eloquently than I could.  Right now, we are looking at long term and short term cap gains.  If it’s not negotiated as part of the contract rate, expect that cap gains is what you will pay.  That is the recommendation to several tax committees. Some folks didn’t pay that high under special scenarios. That’s for the committees to rule on.  I like your lines a lot better than mine.
    Caller:  I do have one question for both of you. What charity or cause would you like us to donate to in your honor?  My husband and I also want to set up an inter-city playground.
    Tony:  I’m all for helping kids, because I like to give them the best things going. Building a playground would be great, and it doesn’t have to be in my name.  Thanks for everything you said;  it’s good to know someone understands why we are doing this.
    DC:  Anything for kids would be great.  Knowing someone understands what we here for makes it all work it. We are not gaining anything out of this;  we hope we are helping. 
    Tony:  The last couple of days we have been getting messages about groups, including an old one that is open to new members. We know they have been wanting to get these groups through first.  Some got taken advantage of with low rates.  If we are this close, why would they be trying to solicit people for new groups?
    DC: They are smelling blood in the water.
    Tony:  Why would the US be soliciting new groups?
    DC:  We understand that the US is wrapping up these groups as quickly as possible.  We know that the groups will make money from the difference between the rate they receive and what they pay out.
    Tony: We don’t know about the new groups;  one existing group seems to be gathering in new members.  People have asked me what to do, and I wouldn’t do it because I don’t trust those people based on past information.
    323 caller:  I love that caller’s acknowledgment of you and what you do!  All of my money is going into a trust.  Is it important to have different banks if uou have a well-protected trust.
    DC:  My money is in trust as well.  The more money you have, the more important it is to have it spread out, within reason – not ten different accounts.  What if a bank employee goes crazy and focuses on high-level accounts?  It’s like any security issue – if two accounts make you comfortable, or five, go for that. 
    Tony:  The trust protects you OUTSIDE the banking system.
    DC: We aren’t lawyers or financial advisers, but it’s about outside rather than inside.  My two trusts have seven accounts between them.  I have a lot of different businesses, and the way I do things is different from most. I am a risk-taking guy, and I want to protect my family.  Some accounts handle conservative investments, and some are for higher risk activity. Also, I have accounts in other countries, because I do business here.  My point is that it’s all spread out.
    Caller:  Are you using different insurance companies for different banks?
    DC: Good point.  You may have insurance on all your accounts, but if it all goes back to the same point, you have the same risks, so spread that out as well.  My money market accounts are already protects, and CDARS accounts are good as well.  My riskiest accounts are in Africa, so I keep those amounts pretty low.
    Tony: I  have a minimum of four banks for investments and long-term deals, with a totally separate account (and separate computers) for my day-to-day accounts.  I will insure all accounts with Lloyds of London, especially my accounts overseas.
    Caller:  If this RIs, will that only be the dinar?
    DC: The RI vs RV is mainly Shabibi’s doing.  He is back in the game and has changed some of the verbiage. Regardless, whenever the massive rate change comes in Iraq, then all four currencies will change at that time.
    Tony:  You could see an RI with all four currencies, then it might hit Forex, run up to 12 dollars, then come back down. Then you could see an RV hit after that!
    Caller:  One more quick question, if I may.  I understand both the IQN and VNN have a limit on how much you can have;  is that true of the other two currencies?
    DC:  We don’t know of any limit on any of the four currencies.  There may be a cap on the contract rate, but that is only dong and dinar.  Only a few crazy people have the other two!
    617 caller:  I have one hundred 1,000 rupiah notes that I want to give to 100 people.  Do I need to give them gift letters? That’s 100 notarized letters!
    DC:   You can also send them emails, because that has a date/time stamp on them.  So long as there is evidence that you’ve given them out before the change in valuation. No law requires that these be notarized.  If  you are giving these out AFTER the RV, then you definitely need to get them notarized, and also take advice from a tax attorney.
    Tony:  If you wait until afterwards, you will be taxed on all that. 
    Caller:  Can’t you give away up to $14,000 as a gift, without tax?
    DC:  Yes, but… there will be a lot of generosity going around.  For instance, if a homeless lady gets a lot of gifts, then she will have to file that.
    Caller:  I notice that capital gains tax has gone up;  does that affect those exchanging in 2013?  Or is it for us?  Also, if the US is ready to move forward, why are they stalling it?
    DC:  Hmmm.  This is a huge deal, and the people working on it are taught to be risk-averse. They are so worried about how history will see this, and they are afraid of taking that final step.  Some are saying that this is such a big deal that is has to be perfect.  But that has had a bad effect on their ability to make decisions.
    Tony: There is analysis paralysis, and they are so afraid something will go wrong that now fear is the only thing holding this back – fear that this will blow up in our face somehow.
    Caller:  I wish they would get over it, because there are a lot of people in need out here!  If we don’t have the meeting in Vegas, how can I find out where Ray is doing his deal?  I am in Massachusetts, and I’d love to go to his workshop.
    Tony:  For some reason, Ray only allows VIPs at his meetings.  <laughter>
    Caller:  I’ll be a VIP after this RV!  How can I find out…?
    Tony:  I want to go to Vegas, too, so let’s keep pushing that!  We can start a twitter campaign just for Vegas!  <joke>  I’ll give your number to Ray.
    310 caller:  I’d like to know if you  have seen the  bank that only deals in sliver and gold…
    Tony: Did that come out 2-3 years ago when they tried to change the money over.  Someone in the Dakotas tried to do that.
    Caller; You turn in your money and they convert it into silver and gold;  if the silver/gold fluctuates, so does the money in your account.
    Tony:  This could be perfectly legitimate, but there is a problem if you are receiving gold certificates, and they may have sold that gold ten times. If I buy gold, I want to keep it in my pocket. Some are asking if the UST still has any gold at all.  I just don’t trust that.
    Caller;  Apparently, you can physically view their vaults.
    Tony:  I could say “this is your gold”, but I could say the same to the next person!
    Caller:  Do you have to do business in a foreign country to take money out of this country?
    DC:  No. So long as you report it, you can do whatever you want. The IRS wants to know if you have control of foreign accounts.
    Tony:  At one point, a condition of getting the contract rate was to keep it here in the US.
    202 caller:  I am so excited to be on this call!  My daughter has a question:  she is buying a house.  If this RVs during this purchase, and if she has to sign an NDA for the contract rate, the bank will still want to know where the money came from.
    DC:  If she is doing business with the bank, it shouldn’t be an issue.  Most people will just say that they had speculative investments that paid off.  If they ask specifically, then say that you signed an NDA.  Most people just want to know it’s not stupid money.  Also the bank can give you Clean and Clear Certificates.
    Caller:  Can we exchange with the RI or have to wait until the RV?
    DC:  As soon as the value changes, if it’s $3 or more, we will exchange.
    951 caller:  I hope this is our lucky week!  Is it possible we’ll get this Monday?
    DC:  It’s possible for any time from now on, Friday to next week.  Iraq wants to do it now, and we’re waiting on the US to say they can make the announcement.
    Caller:  What if they say we have to wait until the 27th?
    DC: We don’t know. The US has cleared the RI, free to go, but asked them to hold on for the announcement, and we don’t know what they are waiting for.  We’ve paying extreme attention to this process, they have soled all the issues, and we are just waiting on the announcement and the 800 numbers.
    828 caller:  Thanks for the up-to-the-moment information.  You said it may come down to fear in the administration.  Where does Congress come into this, both sides of the aisle? And if the admin has been groomed to be this fearful, how can that change?
    DC:  With some many actions they have taken, the administration want to get this done, but want it to be done perfectly.  But nothing is perfect!  You can strive for perfection, you can spend all your time thinking and strategizing, but there will always be issues. They are getting a lot of their fear worked out over the last month or so with their list.  When they pull the trigger, will every bank in Atlanta or Dallas be stormed?  That will always bee a fear. They have worked though some of that, and everyone I’ve talked to says that they is going to happen, they just want it to go as perfectly as possible. There are a few jerks who don’t believe the common people deserve this. The rest want it go but they are gun-shy because of earlier things that didn’t go well. The final two years of any admin are always difficult, plus there has been some dirty work on both sides.
    The Senate Democrats were quite aggravated and even incensed that it didn’t go down under their watch. They wanted oversight, but that won’t happen because it’s now rolled over to the other side. They are thinking about the next election and the 24 seats that will be open at the next election so that they can get their committees chairs back. The new Republican Senators are eager to  see this go with the tax, finance and intelligence committees going properly, to prove they can lead and govern, not just be opposed to everything.  On the Republican side in Congress, it’s similar to the Senate – they want to prove they can govern, on whatever issues comes up.  That’s how the blocs are thinking, even if individual members differ. That’s their general approach.
    Caller:  So you don’t think the Democrats will get pissed and get in the way?
    DC:  No, because this is a Democratic administration.  They are running the show ad listening to their friends. Especially in the spring and summer, the Congress told them to get it done because of the midterms.  The decision comes from the  top;  however, the President has 10,000 things on his plate, and he has to delegate. The personal style matters as well – micro-mangers vs. “let me know when you get it done”.  President Obama likes to delegate more than others;  he’s been particular about some points, but otherwise trusts his administration guys to run the show.
    Caller:  As Tony says, if you give them 48 hours, someone else will show up.
    719 caller:  My sister wants to know this:  you said that one group is saying it is still there, but you know it isn’t. Is that General64’s group?
    Tony:  I cannot confirm or deny.  I think you have a very smart sister.
    Caller: We have some stuff coming down to the wire at the end of January.  Do you really think it will come through by then?  We’ve been waiting for over a  year…
    Tony:  This is more public than ever, with Iraq saying clearly “you will see economic reform at this time.”  So, no, they cannot drag it out another year.  WE know they have completed the second reading and it has passed.  HCL is in place, the cards have been changed, and also I don’t think the US can continue when yesterday they said every part has been reviewed.  All they can do is request a wait on the announcement.  The shift in power over the last few days means they can now start an investigation or enquiry, because they now have the votes!  Some thought they would get out  of this without questions, but now Congress has the power. You can’t continue stalling and NOT expect something to happen.  If you give them 48 hours… but I’m feeling good about the weekend.  We’ll see what happens.  I do suspect at some point Iraq will say enough, or the people will rise up and say enough, because it has all been done.
    DC:  The US knows they can vote ‘no confidence’ and that will really screw things up. They have an effective veto here.  Iraq wants the US not to hate them, at least.  AT the same time, Iraq could eventually kick the  US out of the sandbox. That keeps pressure on the US to get this done.  The US has been successful in requiring this whole list, but now their own allies are saying Uncle, that Iraq has done so much more than expected, and now they should let this go.

    TNT CC NOTES, PART.2, 9 JAN

    Part 2
    Caller:  It’s positive that Iraq doesn’t have an officially traded rate yet in terms of our business.  What was the rate in England?
    Tony:  His rate was 2.77 [pounds sterling, I assume].
    Caller: Are they allowing early exchanges again?
    DC:  We are told that the notification will be done quietly online, so we will be a the front o the line just be virtue of hearing it first.
    Caller:  Some of us have reserves, not at Sterling.  If those dealers don’t exchange, how do we pay for those reserves?
    DC:  There are so many ways to do that:  a loan on expected assets, from a friend…
    Caller:  If you hear it won’t go until next week, can you tweet that out?  When we see that everything is wonderful on Saturday, and it changes again on Sunday morning, it would help if you could send out some information.  It’s an emotional thing.  [Appreciation]  We have counted lots of weekend.  Please, let this be done!
    Tony:  What typically happens is that we give you guys  some live information right now.   Every other person who  does a call or has a board will then come back with comments on what we are saying. People then want us to respond to that, but we don’t respond to idiots. If it’s significant, we will verify it and then we’ll tell you. We don’t know everything but give you the best we have at the time.  If new information comes out and we can say it, then we will do that. We are close right now. We could send tweets throughout the weekend.  Pam monitors the board throughout the weekend, because she  has no life.  She tells us stuff and what we need to respond to with a tweet or whatever. Some of the stuff is just nonsense to the economy or the global situation.  If it’s the right information to broadcast, then we will.  If it’s just going crazy, we make some phone calls to confirm. We are this close right now!  We know Iraq wants to get this done, and it could be this weekend.  It’s their call, whenever the time is, and that has to happen.  It cannot be done quietly, behind closed doors. How can they tell the whole country and try NOT to tell the world?! Everyone will know in Parliament, on the streets, in the banks … there is no way to shut all that down.  How can they tell the whole country and not the whole world?
    Caller:  I hope we are done and can move on with our lives.  [Appreciation]  I try not to go into chat because it’s often crazy but that’s how to get in touch with you, eh?
    717 caller:  DC, Happy Anniversary!  We celebrated a day ahead and I made steaks.  It is also my wife’s birthday.  I have to explain this every time. It was the only time my brother could get out of the Navy to attend the wedding. 
    Tony:  My wife enjoyed her birthday as well, and wife #2 was thrilled as well.
    Caller:  I think our leaders have been maligned on these calls, and I hope they realize that people are speaking out of frustration.  It’s harder to buy the necessities of life, and that being said, I think that the administration is doing their best.  I do agree with DC that a museum or study center to look at all aspects of this.  So I am asking you to allow DC to head that up;  someone will do it here or elsewhere, and DC is the man for the job!
    DC:  I’m going to beg and plead for this to happen.
    Caller:  I totally get the fear factor, but if they keep delaying it, they will mess something up big time, and history will not look kindly on that.  Some countries have recently printed new currency;  does this mean that we will not be able to exchange the old bills?
    DC:  Some currencies can only have certain bills. Zimbabwe will only allow 100 tril and 50 trill 2008 series AA, and the rest are collectors items only.  However, we believe all four currencies will be exchangeable, and some have already been exchanged, and that  builds confidence.  It’s really not possible for banks to exchange a certain currency one day and not the next. 
    Caller:  Respecting those in the military overseas… especially Italy and Panama?
    DC:  Some of the smaller bases may have to go to larger bases, and I know of two places in Italy.   And yes, someone has exchanged in Panama.
    352 caller:  [can’t hear this person]
    Tony:  We say the budget is done.  That’s what we think.
    DC:  We believe that it has been done.  They had the second reading and published it on Wednesday on television and radio. They adjusted the rate, and there are little things to be wrapped up. The Ministers need to tweak a few things, but they are minor.  Others have great information, but we are talking to people in the Council of Ministers who say that they finished this on the 28th, and the US said it was fine that.  That’s what our guys said who are actually in the meetings and involved in the process.
    Caller:  Anbar is still a problem, though, right?
    DC: ISIL is a problem there;  that’s where most of the fighting is going on because Anbar is mostly Sunni. It’s a No Man’s Land out there, so they can take the ground easily and control it because there is only one road.  Former Army guys and religious leaders sided with ISIL and Iraq is handling them delicately, although the rest of the world wants them to go to jail.  This is not holding up the RV.  The majority of the bad guys everyone is agreement about and they just need to work out an appropriate penance. That has now been worked out, and those four guys will be doing ‘community service’.  The rest are either going to jail or into exile in Iran.  The final Anbar issue is how that relates to the budget, because that’s a challenge during a war. There are many issues about roads and infrastructure being blown up. These issues are being addressed and the US is on board.
    818 caller:  Which allies has the most dinar?
    DC: The US has the most, then the UK, Australia, Canada, then Poland and then the rest of the collation partners have small amounts.  It’s a question of who contributed the most to the fight.   For instance, the UK put in a couple of divisions involved.
    Caller:  Is there more in the contract rate pool?
    DC:  Yes, this is a sale, and China always want to buy more.  I don’t know when they  are talking about.  I do know four times China has done that, like last December.
    Tony:  Could they have added in some more and that’s why exchanges have started again? Why would they pay our more people yesterday if this is going public any day? It could happen.
    DC:  What could also happen with intel sources is that we’re looking at the same thing from different points.  I know there was a bump up in December, and she may be seeing a different aspect of that now.  We’re all looking at the same thing but our sources are different and with different perspectives.  Dong contract rates are also coming from China, but there is not as many. It’s about oil discounts and gold discounts, but not as massive a deal as “oil from Iraq for China”.  There is not the same demand for cheap oil as China is going for.
    Caller:  Where are the handful of people who don’t want us to have anything?
    DC:   There are 1-2 at the UST and 1-2 in the administration.  Obama wants us to have this but he is super-busy and has delegated it to someone else.
     Caller:  Is there going to be a point where Obama says “get it done”, or are they so isolated that they will keep delaying this forever, although a few have exchanged?
    DC:  We are not in their area of interest – they see us as speculators and we can just wait until they are good and ready for this.  They are taking a big picture attitude towards this and letting a few friends go on the side.
    209 caller:  What is actually going to happen with the already established groups?  It was my understanding those groups would exchange first, and now it seems like everyone else is exchanging and none of the groups.  
    DC:  Most groups have already gone through.  Only a few are left, and they will not go through until it’s public. A few banks have said they will allow  they will allow those groups to go through first because they are organized.
    Tony:  Groups have been around for years – a little over 300 groups, mostly church groups. They have gone from 50 cents to $30.  Some ended up at $18, taxes paid. There are other groups trying to make a deal and giving members what was left.  Some have been picked up or put on a list to be picked up afterwards. Some said they are the only ones who will be paid.  They just want to get paid an override on your currency. That’s why I never wanted a group.  We will all have enough when this is over with and no one making money from you. 
    There is one main group still out there and I don’t’ think you can get into that group because they keep  getting ready to exchange.  In groups, the paymaster gets paid, and then that person decides who and when to pay everyone else. They have to set up transactions and bank accounts, so they have to do it in tranches.  People will be getting upset about not being paid for two months or whatever.  I know this one group has a locked in rate and tax rate.  Look at the pros and cons, the legitimacy of the group, and if you trust them with your bank account information.  I know that one paymaster is only allowing members to have one million per year and that is BS.  Some people might get the benefits, but I’m not putting up with any of that crap.
    Caller:  How do you find out if your group is a good group?
    Tony:  I have been telling people for years that we get information from the FBI, and law enforcement.  I have been warning people for years.  I can’t see another group popping up or the advantage of it.  By the same token, if China added more money in yesterday, who knows?  They have done some crazy things.  If they did that because oil has come down and they want more oil at a cheaper rate, then maybe it makes sense. But I can’t see them setting up new groups.
    DC:  So many groups have gone through, but my sense is that there is no longer time to do the background checks, etc.  If an existing group extends its reach, that is understand-able, but otherwise…. It makes me nervous to think of giving over your currency without immediately getting cash in exchange.  There’s no way to get you  to the front of the line.
    Tony:  Or the other things they are promising.  Okay.  I just got a text.  That 2.27 rate in London IS pounds sterling, and is $3.41 in US dollars.  
    DC:  The interbank rates keep changing, but the Iraqi cards are still at $3.58.
    Tony:  As of this moment, ISX is scheduled to open in Iraq at 9am on Monday (Iraqi am).
    Pam:  Thanks to all the people who said nice things;  I’m not sure Tony and DC know how much we appreciate them.  These calls are very expensive.  The free conference call cost nothing but that is only 6,000.  We are paying for all the other telephone lines and the recordings.  It’s that time of the month, so PLEASE DONATE at wee.tntdinar.com., because the calls will be the first thing to do.   Many count of these calls and they don’t realize that they are the ones costing us the most money!
    Tony:  A couple of hundred people have carried this for 30-40,000 other people, including those on other sites who then post our information on their sites.
    Pam:  Tony wants other people to have this information, but it’s costing him money!
    Tony:  It’s the new year, we have had two dates when it was scheduled to go, with three more coming up, so let’s hope this gets done.
    DC:  Iraq is very, very ready and want this done before the ISX goes on Monday. The US says they are okay with it but they asked Iraq to hold off on the announcement. We are expected this some time this weekend.  Thanks for all your kind words.
    Pam:  We have made the commitment to share this information and help you now and afterwards… and we have just got the bill, so donate!
    Ray:  I really think this is it for us;  continue to enjoy this Fabulous Friday!
    Tony:  Over the last four years, President Obama has been blamed for a whole lot of stuff.  We have all got calls from Senators who say Obama is not to blame, and they are still enjoying it!  I know how he feels because I’ve been taking the blame for a long time, too.  DC explained that the President gave people responsibilities and let them do their job (or not).  Our involvement in this got the President on our call at least one time.  “We are the people” was making an impact, and he wanted to know about that;  he said it was  good job and he appreciates what we are doing.  That played a role in our staying here, able to tell you the truth.  I live in a world of reality;  things are not always about us, but at a critical moment, the President was there for us.  The elder statesman also supported us and without him, I wouldn’t be here now.  They looked out for me, and without them we wouldn’t be here, doing what we are doing for all of you. 
    Everything is done.  We know for a fact, from our sources, that Iraq has been trying to do this since the 15th of December, every time thinking they would be allowed to do this.  Their goal was to have it done by noon yesterday and they’ve done it the right way:  inclusively, transparently, telling the public it would be done by this time.  So thank you to Iraq and PM Abadi for doing all he has done in six months.  Let’s hope it happens.  Everything has been done and we are just waiting for it to be done before the ISX opens, and we are pushing them up to that last minute.  This is what we are looking at now, today, as we speak. Thank you and enjoy the weekend.  We would love nothing more than to do a call;  we hope they will let use walk you through  the  process so that you will have a clear understanding. That makes sense to me.  If we can, we will be here – for 4-6 days, if we can.  Otherwise, we’ll do that last call and give your directions.  We will be here to the end, whatever end that is.