DINAR GURUS UPDATE, 30 MARCH

3-30-2015   Newshound Guru tlm724   Article:  "Today the launch of social protection salaries"   they are finally paying the people for the first 3 months of the year!"   Quote:  "The preparation of this meal amounted to 439 thousand and 461 beneficiaries in Baghdad and the provinces."  meal means the salary.   Quote:  "adding that the review of the receipt of the subsidy will be through banks and the offices of smart card to card"   that tells us the smart card system is running correctly this time!

3-30-2015  Newshound Guru Kaperoni   Articel quote:  "the rise in the dollar's exchange rate against the dinar "serve" Iraq, through the creation of the phrase "positive" variables such as the provision of new jobs and stimulate different working local production sectors, indicating that the low price is a "support" to the importer foreign national account."   Looks to me like they are trying to create inflation through taxation so they can raise the value of the dinar.  We can hope.

3-30-2015   Intel Guru Mnt Goat  The financial or political sectors are not now the major concern of the CBI and  Iraqi government in delaying the international rollout of their currency. It is now the security and the stabilization of the country that is the under laying factor.  When will it all end?   The government of Iraq itself has stated (I do not quote):  that it could be as late as early summer before Iraq gets rid of ISIS and DAASH. Early summer is sometime in mid June...right?  The good news is June is not really that far off but it could be 2-3 months before we see any chance of any real substantial movement at all in the value of the IQD currency.  This is not just my opinion but now seems to be the direction Iraq is now taking. 

3-30-2015   Intel Guru Jester   [Have you got any updates from HP? (Guru Hocus Pocus)]  I HAVE TALKED TO HER A COUPLE TIMES THIS WEEKEND...WE GOT THE INFORMATION ON SATURDAY EARLY THAT THINGS SEEM TO BE RAMPING UP WITH THE INTERNAL COMMUNICATIONS AT THE STREET LEVEL IN IRAQ...I AM TOLD THAT IF SOMETHING SIGNIFICANT HAPPENS WE WILL KNOW...JUST FOR THE RECORD...THERE ARE NO SMART CARDS BEING USED...THERE HAS BEEN NO PAYOUTS THERE... I AM 99% SURE THE INFORMATION WE ARE GETTING IS ACCURATE BECAUSE I KNOW WHERE IT IS COMING FROM... HOWEVER... THINGS ARE CHANGING SOMEWHAT AND THERE SEEMS TO BE SOME URGENCY WITH THE LOCAL COMMUNICATIONS...SO HOPEFULLY THAT IS A GOOD SIGN... I KNOW THEY ARE LOOKING FORWARD TO THIS MORE THAN WE ARE.

3-30-2015  Intel Guru EXOGEN   ...THERE IS NO LIVE ACTIVATED, IMPLEMENTED, AND ACTIVATED HCL IN IRAQ AND THE KURDS ARE NOT HAPPY!

3-30-2015   Newshound Guru Millionday    [Are they making HCL a law now and not just an agreement that can be broken?]    THE AGREEMENT IS BEING ADDRESSED REPORTEDLY BY THE UN AND MANY OFFICIALS BETWEEN ERBIL AND IRAQI FEDERAL --- SO THE RESOLVE IN THE HCL HAS BEEN DONE IN FINANCIAL DUE TO THE BUDGET AND EXPANSION ETC -- SO THERE ARE JUST PORTIONS THEY WANT CHANGED -- NOT STARTING FROM GROUND ZERO AS WE SAW YEARS AGO.  [post 2 of 2]

3-30-2015   Newshound Guru Millionday   Article quote:   "The Speaker of the Parliament, Salim al-Jobouri, stressed the importance to exert more efforts by the parliamentary committees to accelerate in accomplishing important laws."   [What laws do you think they are referring to?]   THE FINISHING OF THE HCL -- PARTIES-- FEDERAL COURT ACT --TRANSFER OF POWER TO PROVINCES AND AMENDMENTS TO THE BUDGET -- THAT IS ON AGENDA WITH THE NATIONAL GUARD LAW AND ALSO SOME OF THE INVESTMENT LAWS HAVE NOT BEEN PUT TO LAW -- ALL OF THESE LAWS WITH AGREEMENTS WILL ALL IMPACT EACH OTHER AND IMO HAVE TO BE DONE AND PUT TO LAW TOGETHER...THEY MET ON SECOND READING ON MOST AND THEY ARE WORKING TO MOVE FORWARD...  [post 1 of 2....stay tuned]

3-30-2015   Newshound Guru sczin11   I AM VERY ENCOURAGED RIGHT NOW, AND AM CERTAIN THE IRAQI DINAR AT SOME TIME WILL BE ONE OF THE MOST POWERFUL IF NOT THE MOST POWERFUL CURRENCY IN THE WORLD...ANYONE THAT CAN CONTINUOUSLY STATE THERE IS NO CHANGE TODAY, AS COMPARED TO THE PAST, NEEDS TO TAKE A REALITY CHECK...

3-30-2015   Newshound Guru Aggiedad77   Article:  "Jubouri meet with the heads of parliamentary committees to discuss ways to approve the pending laws"   Speaker Jubouri met with heads of Parliamentary committees today and I am reasonably sure the message was loud and clear...get the lead out...and get your laws out of committee and onto the Parliament floor...enough...delays....lets see some action...he doesn't want to see things return to how they were with the former Parliament and he is trying to light some fires in appropriate places.

Super Short MacJedi Nuggets Mar 30, 30 MARCH

Audio Link: http://events.instantteleseminar.com/?eventid=67826082

Still in a state of "READY"  and again weekend frustration......  Frustration getting high!

Iraq announcing on TV "READY"  Only doing business in Dinar

All is the same as Friday......... No answer as to why it didn't go down on Saturday.........

Country visitors in Iraq to represent when this goes...  The physical presence thing...

Saturday was Tony's B-Day...  Tony thanked all for the well wishing. 

20 mill Dinar is contract rate limit.  Dong is 25 mill limit

Zim will also be on a payout plan after a USD limit is reached.  20 - 50 - 100 years on folks with a tremendous amount of money

People were exchanged over the weekend...  NDA with structured payout and one with Int rate on Saturday... a bank did a nationwide exchange test over the weekend.  A ZIM holder was exchanged outside of US.

Next release schedule plan is already out

BLC CHAT DISCUSSION, 30 MARCH

Morning News Comments 03/30/2015

The Governor of the Central Bank's relationship with (range)

[tlm724] the most important part IMO

It is known that a Chamber of Central Bank responsible for money laundering, the nature of the work of this Chamber? And are you able to put her hand on cases of money laundering? What number? What amount of money?

"The money laundering activities of international concern, and not at the local level for their gravity to be a cover for passing the criminal operations, corruption and even terrorist and other operations,

 thus increasing attention to this aspect because of the dangers that threaten the world expansion of organized crime because of terrorism, and had entered Iraq prior to the Organization of the financial work dealing with the subject, the functions of the Central Bank to limit these phenomena,
~~~

and the Central Bank law and the law on money laundering, the Bank is obliged to give strength and ability and independence of a special unit responsible for this The money laundering reporting Office,

the previous Administration's point of view that the issue of money laundering is at the heart of the work and interest of the Central Bank, did not give sufficient attention to this subject,

and this was the subject of criticism of international organizations, and we have had previous dialogues with the Central Bank and the management is of the opinion that this work can be done,

and we reaffirm that the Central Bank Act and the money laundering Act, puts this task The Central, unless the law changes, the Central Bank cannot shirk from that task, so this activity or that your attention or focused during the last period,

since we started this job giving this matter priority and of great importance, and we have strengthened the potential administrative and financial, technical, and gave it independence within the Central Bank has a special budget and staffing, location independent,

To have the independence that the international agreements, many of the observations are installed on Iraq is currently the subject of money laundering depends on the existence of legislation covering all matters relating to these aspects,

and since our task we gave considerable attention to the completion of the draft law is appropriate and consistent with international standards and requirements and the Organization of work and the project completed and revised by international organizations and is now in the Council

The State will soon be referred to the Council of Ministers and deputies, and Iraq is under rated in the gray area and if not do this Act and if approval within the next three months, Iraq has been put on the blacklist,

so we have a very keen on this project that will end up close to the State Council, met with the President of the House of representatives and explained the important draft law and promised to do better. "

[tlm724[ If Iraq delays even slightly they will be put on the blacklist for failure to have proper legislation of international regulations for money laundering ! That should put a fire under their butt's !

also see notes here : IRAQ

ANTI-MONEY LAUNDERING FATF Status

http://www.bondladyscorner.com/t121164-the-governor-of-the-central-bank-s-relationship-with-range

~~~

Raising the prices of mobile Kartat mobilization starting from April

[tlm724] mobile phones and taxes that have been voted on in the 2015 budget will be applied formally starting from the beginning of next April

[tlm724] April ! taxes formally applied !

~~~

Finance: raise prices packing cards will start early April

[tlm724] raise prices of mobile phones and the mobilization of tax vote in the 2015 budget will be applied officially regarded as the beginning of next April.

[tlm724] now this one says the beginning of April

Five proposals in the amendment of the Investment Law

[tlm724] Five proposals in the amendment of the Investment Law

that proposals to amend the investment law includes the establishment of the Iraqi Investors Union and is a law along the lines of professional associations that were formed and organized its law

The second proposal contains the establishment of an international and sophisticated nature of investment Court competent to deal with the problems that accompany the investment process under the supervision of local and international experts

among the proposals to amend the Investment Law No. 13 of 2006, the establishment of investment bank specializing funded investment projects, noting that it is an important step on the road to activate the investment business in the country for its services to suit the requirements of the international effort that's coming warheads big money invested in various cities of Iraq.

The new amendment and pointed out that the private sector requirements within the new amendment adoption of paragraph developer that can be described the implementation of infrastructure 

and public services and the completion of schemes including secure sources of water, sewage, electricity and administrative buildings and public facilities 

and provide maintenance for a fee in the case of an area of more than a thousand acres for the purpose of investment by a developer to build an industrial city, commercial or residential,

transfer factories also said the new amendment proposes a paragraph to replace due to the presence of a chronic problem in the cities belonging to the factories and industrial enterprises and inadequate environmental and architectural terms, 

~~~

Today the launch of social protection salaries

[tlm724] they are finally paying the people for the first 3 months of the year ! 

[tlm724] "The preparation of this meal amounted to 439 thousand and 461 beneficiaries in Baghdad and the provinces.

[tlm724] meal means the salary 

[tlm724] adding that the review of the receipt of the subsidy will be through banks and the offices of smart card" to card 

[tlm724] that tells us the smart card system is running correctly this time !

TNT CC NOTES, 30 MARCH

3-30-15 TNT DINAR CC (Notes by Adept1):Replay 805.399.1500, PIN CODE 409029#http://events.instantteleseminar.com/?eventid=67826082Tony:  Good morning, TNT!  Today is Monday, March 30, 2015.  We have some good news for you guys, and some good information. We’ll  have a friendly call. This morning DC will give us some information and then I will ask him questions so that you can really understand the information. Thank you all for the birthday wishes and cards – I really appreciate that!

I will read something.  It’s probably not true, but I’ll read it anyway.  It’s from Pam:

PSA - TRANSCRIPTION OF FRIDAY’S CALL IS AVAILABLE IN THE TNT FORUM FORUM FOR OUR MEMBERS AND ON TNTDINAR.COM FOR NON-MEMBERS (same place they go to DONATE which they can do if they want us to continue doing these calls!)  For those of you that want to communicate with Tony directly, don’t forget that you can all send Tony a personal message or ask a question with your DONATION;  just type it in the message box and I promise you that he will read every single one of them!  (That last part is probably not true!  I can only do so much!  I do what I can do, but there is a lot.)

DC, what’s going on?  You can go over payouts that took place over the weekend, with rates and all the rest.

DC:  I hope everyone is great.  Bottom line is that we are still in a heightened state of readiness. Everyone is frustrated that it didn’t go down this weekend. They haven’t backed off, they are still at a high level of readiness.  Iraq announced all weekend that they are doing this, and announced that they are doing everything in dinar now, no dollars.  The CBI and all the ministries are ready in Iraq, and that is being announced on the television.  Everything else is just sitting there ready;  nothing has changed much from Friday.  CBI and Abadi’s office are telling everyone to relax, it is happening.  They are telling everyone to watch the clocks.  There is a great deal of frustration, and many are trying to explain it in different ways.  We are talking to people who are doing it, and they don’t have a real answer for why it didn’t happen on Saturday.  I am watching what they are doing at CBI, the banks and the ministries, and they are all lined up.

The frustration level has increased greatly in Iraq because they were telling everyone it was going down this weekend;  they keep cranking things up, and they know that.  There are other visitors in Iraq right now, there to provide moral support and represent their countries and organizations. They expect this to happen and provide fiscal pressure in their physical presence.  What else in Iraq, Tony?

Tony:  Saturday was my birthday and it was supposed to happen on Saturday night.  On Friday they stop processing because they thought it was happening on Saturday.  I got birthday messages from Iraq and Kurdistan – thank you for the invitation. I know they are frustrated, they thought it was going to go this weekend.  The message we got from them was “we did everything we were supposed to do, you need to look somewhere else.”  There are people over there now who are supposed to see this to the end.

DC: We are trying to be sensitive, and not start any conflict. We have been asked to be quiet because it’s so sensitive.  Everything is good in Iraq.

The USA is waiting on Iraq and the IMF lead. There were some exchanges going through over the weekend, but those were test cases. We are glad that the system is going so well, and we are eager to get in that line.  They are waiting on Iraq.

Tony:  We talked about payouts and limits.  People were paid out over the weekend;  they stopped on Friday because it was about to go live. Friday night and Saturday morning it didn’t go live, so they started a few test cases again.  You need to pay close attention to what DC says, understand what we are saying. What makes us different from everyone else who is telling you whatever:  what we are telling you is that exchanges that have already gone through, the procedures and limits they used when they did those exchanges, we are telling you what has already happened recently.  We are being told “this is how it’s going to work” up to the minute right now. We get it from three banks, all teaching their people something, and we are comparing notes. We are talking to the bank people who are doing the process, and some who have already gone through the process. They are telling us because we won’t get them into trouble. It’s not to scare people, but to inform you.  The banks will be competitive.  These limits are probably not going to apply to most of you;  the process will apply to all.

DC: We are not doing this to anger people or cause an issue, but to prepare you as much as possible so that you can be the most informed customer possible. It helps the banks as well, because informed clients are better clients.  We are getting info from a dozen different people like the banks and regulators.

We have got several different caps that we talked about:

1. The contract rate cap – the pool of 350-550 billion dinar reserved for the general public. That cap only deals with contract rates, which we expect to last a very short time, first come, first served.  If you have been paying attention, you have a chance at that.  We have been told the caps are 20 million dinar, 25 million dong.  That cap was designed so that someone with 200 million dinar doesn’t displace all the other dinar holders.  The intent is to allow as much access to the contract rate as possible.  That is how that is still being used.  Beyond that cap, you can take a lower rate, give to charity or whatever you choose;  there are a number of strategies.

Tony:  The cap is that you can get 20 million dinar at the contract rate, and over that I can still exchange at the international rate.  If they offer me a contract rate @10, above that, I get the straight international rate, right?

DC:  Yes, and the latest we have heard is 20 million dinar limit and 25 million dong limit.

Tony:  What is the cap on the zim?  That’s a different deal.

DC:  There is an amount of US dollars you can get;  after that, you will get a structured payout.  This will not apply to most people;  it’s only for the people who have insane amounts of money.  The limit is significantly north of 20 million US dollars.  Especially for those with a lot of zim or a great deal in reserves. There will be a limit of liquid funds you will get, and the rest will be in a structured payout. It’s only a small number of people this will apply to – well north of 100 million dollars.  There are limits to what they can give you in cash or liquid funds. They will have caps on the amount of money that will be accessible upfront for the 1-5% of dinarians who have a lot of zim or reserves.  Once you have over a certain amount – and it’s north of $250 million – and they will still pay the 13-18 cents, but over that amount they will structure a payout over 20, 50, or 100 years.  So you will get a check, just like an insurance or lottery payout. They are doing it that way because otherwise they cannot handle it.  There are many different issues such as law enforcement.  If you suddenly get an insane sum of money, they will naturally ask questions.  Secondly, you are getting into bank regulation issues about what amounts banks can hold at any one time. There are management and security issues at the bank, and the banks are trying to solve those issues for the tiny percent of the dinar population who have this level of cash.  They had to set a number on how to deal with this.  So if you have that level of currency, you need to think about how to deal with it.  This is a good problem to have;  you just need to work out a strategy.

Will this be retroactive to everyone who has exchanged?  We understand that YES, it will.  Some dirty secrets will come out, and will have to be addressed. It’s mainly about the zim and high levels of reserves.  We’re telling you so that you can make the best decisions possible, with the best information we have. I’m just telling you what the weather is doing so that you can decide if you want to mow the lawn or go fishing.  It’s up to you what you do with that information.

Now, as for Texas and Georgia.  It has scared some bankers how many dinarians there are in Atlanta and Houston. Some bank tellers told their customers to buy, and they did.  They now have regulatory issues with their states and banks.  What they are trying to do is to open as many accounts as they can in Atlanta especially, because that is where Sterling is based.  They are trying to open a lot of accounts for people who are coming from out of state dinarians, and they are also asking out of state people to open their accounts in their home states.  That is a challenge, because there are rules even at the teller level, with different tests and checklists, so it’s hard to find someone qualified to open accounts in 50 states. They are trying to distribute as much money in all the states as they can, even if it is deposited in Dallas or Atlanta.

Tony:  Even if I live in Atlanta, I can have an out of state bank account.  I can open it beforehand, or I can go to Atlanta and wait until they find someone who can open it for me.  I can open it in California, and go to Atlanta and have them deposit it in my CA account.  Or I can open the account in Atlanta, have them open an account elsewhere, preferably in a state without state income tax, and have it deposit my fund there, so it doesn’t show up on their books.

DC:  Again, the huge payout guys are a tiny percentage, but if you are lucky enough to have that much, these are the issues.

Tony:  We had someone exchange over the weekend, not with dinar.  He had a large sum, like 200 million.  The bank wanted to give it to him;  they said they would give him 100 million right away, then 25 million per week until they reached his limit.  That was his structured payout.  They couldn’t guarantee the same rates, though, because they had to exchange at the current rate.

Another person exchanged at $1.75 rather than $2.25, because the person didn’t want to sign the NDA.  You need to make your decision before going into the bank.

The plan was for Friday night at 3am, and then mid-afternoon on Saturday;  that’s what they were telling as all week. I knew they wouldn’t do it on my birthday!  However, there is another plan out already, so we know it won’t go to June like some are saying.

Friday’s conversation/call is in the forum, so you read it there.  The limit for the dong is 25 million dong at contract rates, and the limit for the dinar is 20 million dong. The dollar limit is on the zim, and we haven’t given you that limit because most people will never reach it.  They cannot hand out that much money to ten thousand people!  Did we explain that well enough, Pam?

Pam: You did that very well – I’m proud of you.

775 caller:  I’m a little unclear about proposed disbursements on the zim…

DC:  For the few folks who have a tremendous amount of zim, if you go beyond a huge number, the banks can do a structured payout.  Our friend who exchanged this weekend is getting 100 million upfront and then more payments every week until they are done.

775:  So would 80 million dong hit that limit for structured payouts?  [DC:  Yes.]  The industry that offers lump sums in exchange for structured payouts is called ‘factoring’.  Also I want to tell people about a nonprofit who rescue children from sex trafficking;  it is called Operation Underground Rescue.

530 caller:  I understand that in Texas there is legislation to consider gold and silver currency, so it will not be taxed.  I understand that there is also legislation to set up a place to store gold and sliver and have electronic payouts from that.

DC:  I’ve heard of that but I believe it is still in committee, that it has not been passed.

Caller:  I don’t live in Texas, but I wonder how that will affect gold and silver after the RV, if the price of gold and silver will go out of sight.

DC:  We’ll have to wait and see what happens.  There might be massive problems with interstate commerce, in terms of rates and where to put it.  Anything can happen.  Texas has a short legislative term, and we are more than halfway through.  The fact that it’s not out of committee and all the issues involved, that tells me that nothing will be passed until the next session in 2017.  It provides interesting possibilities for inflation issues and hedging capabilities.  It’s a pretty nice setup, but has a host of problems that are too numerous to mention.

Caller:  You said at one point that you didn’t thing inflation would take place…?

DC:  Some call it a reset or a GCR.  I see it as an ocean. The US is a tanker, and Iraq is a canoe.  That canoe will be rocked and jostled, but the big super-tanker will barely feel the ripples.  It’s just the adjustments to the five currencies that are changing will be larger.  They are calling it a GCR, but really it’s just an adjustment.  I would expect the US target to be adjusted in a minor way, with our GDP rising slightly.  Until the GDP gets to 6% or more, I don’t expect inflation.  Right now, the dollar is so strong that I don’t see that much of an adjustment to the dollar itself.

703 caller:  Belated Happy Birthday to you, Tony!  Can you share what the holdup was on Saturday?

Tony:  Because it was my birthday!

DC:  A few departments weren’t quite ready.

Tony:  I think they are trying to drag it out  to the first.

Caller:  To me, it seems that the person saying that it’s now or in a few days, that is making him look like he’s got egg on his face.

DC:  He is used to dealing with people who are used to getting their own way, and they are offering extra concessions for his consideration.  Everyone is so exhausted and frustrated by this whole process that it’s amazing they are still talking… and some aren’t, they are saying “Just call me when it’s done.”

Caller:  Is there are a total limit if you have all five currencies?

DC:  There was a discussion about that, but they decided to have limit the zim, dinar and dong.  If you get over 250 million, 500 million or 750 million, then they might go to structured payouts.

Tony:  They tried to have an overall limit, but that didn’t work.  They do have a USD limit on the zim, but it’s a huge limit.  If you want contract rates on dinar or dong, then there are limits.  They did talk about a combined limit for the total currencies…

DC: They discussed that but it didn’t fly.  So now there is a limit on contract rates, AND for each individual currency, there is also a huge USD limit.

Caller:  If this should got to the end of April, can I still exchange 50 dinar notes?  Those have to be exchanged by the 15th if we are not at the banks by then.

DC: You can exchange them where you bought them, or any licensed exchanger.

255 caller:  You said on Friday that if you have 4-5 bills on the zim, you shouldn’t have any problem…?  [I assume he means 50 trillion or 100 trillion zim notes.]

Tony:  You shouldn’t have any problem with that amount.

Caller:  Maybe you should be less sensitive and that will force this to go down!

410 caller:  I was very curious about what happened this weekend –that sounded so minor. What are the prospects of getting this done in this quarter?

DC: That is what they are pushing for over there, and also telling bankers around the world, that they want it this quarter – and there are only two days left in this quarter.

Tony:  It didn’t happen his weekend, but it was close enough that some of the defenses were removed this weekend so that it would be easier to flow through the banking system than it would have been last Friday.

Caller:  We are a little stressed, like everyone else, but hope we can go into the joy of this very shortly, before the windy month is over.  [Appreciation]

Tony:  I understand that people are frustrated and upset, that once again “it should be today, tomorrow, Friday”.  It’s going to happen when it happens, and there is nothing I can do about it.  Meantime, I live my life, and marvel at the rebirth of a nation as a democracy, coming into the 21st century virtually overnight.  In months, they are getting a system set up that took us 200 years to understand!   I think about that, and about our part in history, and I think “this will be alright”.

Caller:  Yes, it will make life simpler and better for them in Iraq, with more peace.

Tony:  They are about to have wonderful lives, with loans available, and industry, and all the projects.  We’ll be able to go there for holidays, and we’ll be able to witness that.

704 caller:  I’ll try to talk as fast as Winston.  [Appreciation]  I’m the Air Force brat, and you are the unwilling heroes who help us soldier on.  I love what you said about the precious Iraqi people.  It’s been a miracle to see how fast this has gone.  As I try to understand the complexities of this exchange, it just seems to get more complicated as they put it off.  I don’t understand a fraction of this.  We are told to be prepare for anything and everything.  So I do have some questions.  First, about the NDA – would it be better to just take the international rate and have done?  Then each bank has its own 800 number;  do we really have to call each bank and compare?  What about derivatives for the different banks?  Are there exchange places in Charlotte NC?

DC:  Yes, there are many places to exchange in Charlotte.  As for derivatives, that is a personal choice;  there are many ratios you can check, and there are newsletters that you can get to inform you, as a good consumer.  Will I flip out if they drop in that list?  I’m not that concerned unless they drop below a certain level. As for the NDAs, the ones for the public are pretty straightforward so far as I have learned. They were not complicated, they just tell you that you cannot talk about this for 10-15 years (or ever). They recognize that you will need to discuss this with your spouse and advisers. There is an insider’s NDA, and that has some real hooks.  We understood that we would be getting into that from the get-go, because we have a lot of information.  If you are used to sensitive info, we understand that.  You need to be able to swear under oath that you don’t talk about that.

Caller:  If you sign an NDA for the dinar, and not for the others, does that make it more complicated?  Do you need a lawyer at that exchange meeting?

DC:  NDAs are very common in business.  If the banker asks, you say that you cannot tell them because you are under an NDA, and the banker can give you an Clean and Clear Certificate.  Bankers and investors may WANT to know, but it’s okay to say that you cannot tell them, in a pleasant, respectful way.  They used to ask for you Social Security number all the time, but you don’t have to tell them that, either.

Caller:  Could you please give out the PO Box address again?

Tony:  9580 Oak Avenue Parkway, Folsom CA

574 caller:  I have a question.  I have a pathetically small amount of reserves at Sterling.  I wasn’t planning to go to Atlanta at all.  I was planning to pay off the reserves and have them send it to my account here.  It didn’t’ occur to me to set up a bank account in another state.

DC:  Last I heard, that is very possible.

Tony:  If you don’t want to deal with the banks, contract rate or NDA, that is the quickest way for Sterling to get it to you:  pay it off, have them exchange it and send it directly to your bank account.  You never have to touch it or see it;  you just have money in your bank.  That thing about accounts in another state is for people who live in Georgia or Texas – so that they can wire that money out of state and then it won’t fall under their state regulations.  If you don’t live in TX or GA or to exchange there, then you should exchange in your own state or have Sterling exchange it and wire it into your existing account.

Caller: That is my plan, to stay home and let Sterling send the funds to me.

DC: Carrying all your currency with you is risky, so please think that through.

Tony: That’s right.  That lady with two suitcases full of money, the bank told her to take it away because they couldn’t deal with it.

636 caller:  I have a few easy questions for you.  Because of security and ISIL, etc., should I put my currency in a shoebox until June?

DC:  You don’t take a hundred actions and ramp up all the banks in the US for something two months down the road, or until ISIL is beaten back.  Sure, it’s not fully safe. They were about to do this last June when Maliki declared a state of emergency, and they are ten times more ready to do this now.  It’s probably never going to be 100% safe. When they did the RV in Kuwait, there was an article saying “They don’t’ have electricity, but they have a new banking system”.  Also, in public, there have been statements from the Ministry of Defense that the RV is part of their military strategy, that the young soldiers and their families will now have money and jobs.  That soldier will be much less willing to fight for $100 per month.  They think that 70-90% of the fighters will melt away;  they can cuss under their breath but at least they are still breathing.  Many intel people have 3-4 sources, and we have way more sources.  The rest of the world is watching their actions.  You don’t de-dollarize the entire country and prep the rest of the world if you don’t expect some change.  Yes, it could be dragged out that long – it’s been three years longer than I expected. But the gurus saying June – no.  It’s been a day-to-day business, and some want to sound like the big dog.  But we have sources at all levels. The higher people are getting briefed every day, and they think it’s happening.

Caller:  Is there a possibility that the ordinary Joes might not get anything?

DC:  There was that possibility a year ago and that’s why we had the Twitter campaign. The people who sit quietly on the sidelines with a lot of power would not have let that happen.  We were told specifically that we earned a seat at the table.  We are the elephant in the room at these meetings.  Most of these folks aren’t jerks or trying to do anything negative;  they just have a perspective that doesn’t include three million people who are going to have over a million dollars.  We will not be cut out; too many people have exchanged, or know too much about this process by now. I am envious of those who have exchanged, but that is also our insurance. They cannot let some people be paid and not allow the rest of us to exchange.  That would just be too unfair.

Tony:  I started to hear all this today about putting your currency in a shoebox.  I encourage people to listen to other ‘gurus’, but if all they are talking about is a reaction to what we said and how it’s wrong, then what is the point?  If they add something, that is great, but otherwise… we are telling you what is actually going on.  We give you the inside scoop from the highest levels to the lowest levels, from those putting the plan together to those walking out of the bank smiling.  These other people clearly don’t know as much as we do.  Let them tell you their portion. We know the meeting has already taken place, the memos are already written, people have already exchanged this weekend.  Are they helping the process or just restating what TNT said?

DC:  You are all going through something we go through every day, and if you didn’t care, you would just shut off until the announcement is made.  Everyone has to fit the pieces together. We talk to people who are bright and who have been in the political game for up to 50 years.  They are getting something the UST or the IMF;  they may have the stature to put it together, but you still have to gain your perspective, and see where your parts of the picture are coming from. They might have five points, and maybe you can get another 20 points from other directions. We say openly that we do not know everything.  Some people in banks in the US don’t care what the Iraqi defense minister thinks, and the minister doesn’t care about anything but getting people off the streets.

Caller: If this goes at 2am, will you have your call immediately?

Tony:  A few years ago, that was the plan because we didn’t have anything to add to the announcement.  Now I want to bring you as much information about the process and procedures, so we will wait until our contact give us that information. We’ll probably get the notification from overseas first, make a few calls, and get the package, then have the call. Otherwise, people will be stressed out, jumping up and odwn, and there will be buses in the bank car parks in Texas.  We are told we will have 15 minutes and I want to be able to tell you what you should do.  I want to tweet it out immediately, but that might cause chaos.  I hope will talk about that today.

Pam says “do NOT make checks out to TNT;  TNT is not a business or corporation.”

404 caller:  Articles are surfacing saying that Kurdistan has not been fully paid due to lack of liquidity. How long can Iraq function like this before a meltdown. These delays seem to be risking severe consequences.

DC: We understand there has been partial payment, and the monthly royalty checks have not been getting through either.  Kurdistan is waiting on both monthly and past due amounts, and as the Kurds are most of the armies, that is becoming a problem. Some back salaries have been paid, and some of the contractors in the south, but some have not been paid.  It’s like the house down payment has been sent, but not the big check. It’s a precarious situation, and natural to the slow methodical process, but leading to awkward moments, so it’s keeping pressure on to push through the RV.

Caller:  I heard that UN General Secretary Moon was going to Kurdistan and on to Baghdad… and that Iraq needs an international currency by April 1.

DC: That all adds pressure.  Yes, there is an agreement about the RV by 1. April, but they have blown through other dates.

Caller:  Iraq is de-dollarizing;  are merchants still using dollars?

DC: It’s just a big giant mess that continues to get worse.  They are trying to balance this and figure out how to get it moving.  International bankers want one thing and his own internal people want it down.  Bottom line, it’s Shabibi’s decision, but he is taking counsel from many people.

Caller:  How does this affect international business contracts?

DC:  Some people have thrown up their hands and walked, and others have said that they will start once the RV goes through. Some have been paid in the last eleven days, but some are holding out until they know they will get paid in the revalued currency.  All the business negotiators are tearing their hair, plus they are losing employees who are are realizing they can become millionaires through buying some currency now. That is going on in massive form in businesses that are dealing with Iraq. The tension is getting insane, with the complexity of everyone’s situation as we all hang off the cliff.  It really must get pushed through – the head’s popped out and they are still slowing the birth.

Caller:  Do we need a Caesarian?  [Appreciation]

Tony: Pam says she is tired.

DC: Everything is where it was on Friday. Banks, security, politicians are still on high alert, day to day, after 23 days. They are ramped up and ready to go, and we’ll have to see. It’s Dr. Shabibi’s call, with Dr. Abadi.

Pam:  I want to remind everyone that members can review replays and transcripts.  The notes are posted right away, and I want to thank ZebraGirl coming back from vacation to do the verbatim transcripts, which might not be posted until the evening. Thanks also to Darlini for filling in on the verbatim transcript while Zebra was away.  Thanks to IdahoUSA for keeping us all together.  Non-members can view replays and transcripts by going to www.tntdinar.com. There is also a DONATE button, and those bills are due and have to be paid.  If we want to keep the forum and calls going, we have to pay the bills!

Ray:  this is Mo-Money Monday;  I’d like to thank the bank that is going to call me in a few minutes and tell me to come on down.

Tony:  This was scheduled for Saturday;  there is a scheduled for this week, and we’ll see what happens. The people at the banks are ready to go, and they removed some defenses so that it can go through more smoothly. They have been practicing with the dinar and the dong, at different rates, and one person exchanged zim overseas. We are all just waiting for that final word.  High level people in Iraq were very frustrated this morning, saying that they have done everything and they are all ready.  Cards are loaded, and the process has been explained. They are in the final phase of four, and they are saying someone else is holding it up. Everyone is there, and everyone is frustrated.  Everyone was told this was the final time and it’s actually happening, but it didn’t happen. We tell you what we know and hear so that you can be prepared. I’m sure at some point someone will give DC some guidance, and then I’ll know if I can tweet it out at once or to wait until we have the package.

Enjoy the rest of your day.  Thank you for the birthday wishes.  Hopefully we will have this before the end of the month! 

SUNNY POST FROM TNT : TONY'S CLIFF NOTES, 30 MARCH

Highlights of Tony's CC.  Updated as call progresses - exchange & structured payout simplified.

                           DC's  Bottom line:  DC said still in heightened state of readiness all over the world.  Frustrated it did not go down this weekend.  Continuing a super high state of readiness.

Tony:  Iraq told Tony, "We have done everything we need to do.  You need to start looking somewhere else."

Delay:  DC:   Got that a few departments were not ready. Pretty mild excuse.  Tony:  Even though we had specific times for Friday and Saturday here we sit.  It was close enough some of the defenses were removed and released this weekend.  Within the banking system.  Easier to flow through now than it was Friday morning.

CURRENT WINDOW:  

IRAQ:  All ministries, defense, finance, Parliament are all ready.  Not much changed since Friday.  Frustration running high.  No intel on why it did not happen last Saturday.  Tony:  I marvel in the fact I'm watching the birth of a nation!  The re-birth of a nation!  

• ISIL  
• TV:  announcing all weekend they are doing this and only doing business in dinar inside Iraq. 

INTERNATIONAL:  Telling banks around the world this will be done this quarter.

• Rates:   Dong, $2.28 with NDA was offered over the weekend. Without NDA the rate was lower.

UNITED STATES:   Waiting on Iraq and IMF lead.  System working well.  Everything set up and ready to go.

• Payouts stopped on Friday as it was expected to go live and when it didn't they started them again over the weekend.  
• Banks:  When choosing a bank consider their derivative exposure.  What ratio's are they abiding by?  Are they in a risky area?  Bank list by derivative rating: http://www.usbanklocations.com/bank-rank/derivatives.htm
   NDA:    DC:  NDA’s we’ve read are very straight-forward.  It wasn’t complicated.  Just saying you can’t talk about this for 10-15 years.  Has exceptions for who you will need to talk to about it like spouse, financial adviser, attorneys, etc.
• Dollar Devalue:  DC: Do not think the dollar will crash. Some adjustments will be made. Right now out of whack.  The dollar is so strong.

Rumor~June RV:  DC says,  "that's BS. . . Sure, it could drag out till June."  He went on to explain the setup with banks on alert all over the world is indicative of it being now.  Also, the strategy is to initiate this to undermine ISIL.   The young men do not have alternatives.  Iraq needs this for it's economy and security.  

BANK STORY:  (1) Tony related story of someone exchanging over the weekend for $200 million and bank said they would give him the balance at 25 million a week until he had all his funds. (2)  Dong rate offered over the weekend to an individual, with an NDA was $2.28, and without NDA was lower.

EXCHANGE information is coming from bank people who are doing the process, people who've gone through the process and government institutions.  There are several different caps and those limits will be retroactive to those who have previously exchanged.  DC:  "The exchanges that have already taken place are our insurance." (that we will get paid)

1. Contract rate cap is 20 million dinar and 25 million dong.  Dinar pool of 350 - 550 billion is expected to only last a short period of time.  After the cap you can choose to take the International lower rate or give it away, put in a charity, etc.  Over these limits the bank has discretion to do a structured payout.
2. ZIM limit is on the amount of USD it can be exchanged for.  Rest will have to go in a structured payout.  Guys hearing the limit is over 100 million USD. After the limit you must agree to a structured payout plan.   ("factoring" is the name of the process where you can have your income stream purchased, at a discount, and your future payments are then paid to the person/firm who gave you the money up front.)

Atlanta, GA is a hub because Sterling Currency located there and may people going there to exchange.  Also state and city government's in the area have large amounts of dinar.

This issue is in the states of Texas & Georgia:  Bank Account does not have to be in the state (location) where you exchange.  So if your exchanging in Atlanta you can have your account set up previously in the state you reside.  The guys are not advising anyone.  If you live in Georgia or Texas and have an account in other states the bank maybe able to pay you beyond the limits/structure for those states.

Dealers, Sterling Currency, are options if you don't want to deal with a bank, contract rate or NDA.

CAUTION:  Carrying all your currency to one bank is risky!

MNT . GOAT UPDATE:“Time To Get Real”, 30 MARCH

UU3275 – “Time To Get Real” by Mnt Goat

Hello Everyone,

Once again we experienced a warm spring-like week in Bavaria. The winds of March have really come on strong but the long awaited April showers and then May flowers are almost upon us. I learn to stay patient since I know most good things come in time.

There is a breath of concern that I simply must express once again to my fine dinarian holder family. I do not like bringing this news but I feel compelled to telling the truth. I could come to you today and write that is it going to RV this weekend or tomorrow. But would this honestly be the truth? Would you like it better if I pumped you up with lies?  In the near future you would only know the truth anyhow since it would not in fact RV.

I certainly do not want to downplay the importance of the timing for a revaluation of the currency for the country of Iraq and impacts on its economy. Financially and politically they have certainly been ready for this event for many months now. They literally could have RV’d any time "IF" these were their only concerns. 

We have seen the new government formed and  Abadi take center stage in cleaning up the corruption and reorganizing of the government, and political stability is definitely here.
We have seen the institution of all the new banking laws and the resturcturing of the banking practices.

We have seen all the mechanisms put in place so that Iraq can do business with the international banking systems.

We have seen the new tarrif laws and taxation laws and the struggle to implement without an international rate.

We have seen all sanctions lifted and finally Iraq progresses out of UN Chapter VII.

We have seen the World Trade Organization (WTO) come right out and telling us what is left for Iraq for full membership, that of needing a tradable, internationally recognized currency.

We have read article after article and listened to the news media on these events leading up this important rollout, etc..etc..yet no final international rollout happens. Why?

There is literally nothing more for them to do in the financial or political sectors that could hold up a revaluation process as far as I can see. They will always be refining banking laws and instituting better procedures on how to manage and better their growing economy, but these are not going to hold up a full international declaration of their currency at this point. So what is holding back this announcement? 

How many times must I tell you? It’s all now about SECURITY, SECURITY and SECURITY !

Did I say it was about SECURITY!  Are you listening?

I will say it again in other terms - The financial or political sectors are not now the major concern of the CBI and  Iraqi government in delaying the international rollout of their currency. It is now the security and the stabilization of the country that is the under laying factor. With all the internal fighting going on, we often sit and watch and wonder  - When will it all end?   

So when will it all end? The government of Iraq itself has stated (I do not quote):  that it could be as late as early summer before Iraq gets rid of ISIS and DAASH. Early summer is sometime in mid June…..right?

But does ISIS and DAASH have to be totally gone or just under manageable control?

We all certainly hope it is just bringing the terrorist Islamic State under control but I am hearing this is not now the case. But we down play this decision by the Iraqi government and CBI and keep telling ourselves this is not the case but in fact it is. So we make up stories or exaggerate the articles and events in our favor of trying to prove an earlier date. But the fact of the matter is we may just have to prolong our wait till this time June frame. I am not trying to weave a yarn but maybe I should since many in the investments so desperately need this RV so they make up stories. You can tell all the stories you want and fight with me on this issue of timing but the proof is in the pudding…..still not RV !  Why – could if be SECURITY?

Yes – we can get on these conference calls and listen to the nonsense that the RV is going to happen any day / everyday / every weekend. But as the weeks and months roll on and nothing ever happens. So I warn you once again to be realistic, relax. Put your dinar and other currencies in a shoebox somewhere safe, then get on with your lives and enjoy the season of spring. Settle back since there is a strong possibility it could take many more months. 

In all good conscious I also have to say the situation in Iraq is very dynamic and could in fact turn around on a dime. ISIS could decide they have had enough and simply want a truce and begin pulling out back to Syria and leave Iraq. I doubt it. Iran too could decide this is simply not the time to pursue more avenues with Iraq and also pull out their forces. But I doubt it.

We must try to understand the mentality of a middle eastern person is much, much different than us. They are very religious people. The live in a desert. They are reliant on the rest of the world for most of their goods and services. Iraq is fortunate it has a very good agricultural base and can produce enormous amounts of food. With all the recent past wars families are desperate. Their economy and structure has been torn apart. They have been lied to by everyone. Who can they trust?

I am convinced that if these terrorists militias and organizations would just leave them alone they could sort it all out and with a little help and inspiration from an honest government they could share the oil wealth and  they could prosper beyond our imagination.  I always tend to look at what could be possible and I know there is always HOPE. 

The good news is June is not really that far off but it could be 2-3 months before we see any chance of any real substantial movement at all in the value of the IQD currency.

This is not just my opinion but now seems to be the direction Iraq is now taking. I am hearing sentiments of ridding Iraq now entirely of ISIS and DAASH forces. This could take many more months. This is not rumor or conjecture any longer but fact and communicated to me from the government.

I could write my news letters and flat our lie to you and keep you on edge with each letter. But I am a realist and I would not want to put any of you fine dinarians through this constant weekly drama. I simply respect you too much to put you through this stress and anxiety. So I hope you will all understand?   

But what about cleaning out these Iranian militias? Will they be the next hurdle once ISIS is gone? Could this cause yet a further delay beyond June? We will have to wait and watch what happens.

Will the USA ever get fully engaged with ground troops in the middle east again. We know as long as Assad is still in charge of Syria it will continue to be breading grounds for terrorists and they will never have peace. Iran too is not much different and it will also have to be neutralized. These are all task at hand and the USA can no longer look the other way. Diplomacy does not seem to work and these countries have been given ample time to tote the line of peace but refuse to give up any power, at any cost.

You might want to read my news letter from 3/24 (LINK) if you have not done so already. It will help to better understand what I am about to tell you today. 

Today’s News

Today is Monday March 30th and yes there is still no Iraq currency RV. Are you surprised?

However last week was a fantastic week for information and Iraq is moving forward in great strides.

Pending Needed Legislation

National Guard Law- As we all know parliament completed the first reading of the draft law of the National Guard last week and we looked forward to a second reading as soon as possible. We were told it might happen in yesterdays parliamentary session on Saturday. I was told it did not happen and the needed revisions were not yet ready for a second reading. So it was postponed. I anticipate maybe next week? 

Accountability & Justice -On Saturday parliament did conduct its first reading of the draft Accountability and Justice Law, and the prohibition of the Baath Party Law. (Reconciliation Commission and the Justice and Accountability). (Article 22). This was wonderful news and could not come at a better time. It tells me that Amnesty law is just around the corner.  They will desperately need Amnesty to fill the ranks of the National Guard units with this former leaders, now locked up. 

As I mentioned in previous news letters, that it would be difficult to free all those 100,000+ Iraqi prisoners, since many need due process of the law with a fair and honest court system. Well – the Accountability and Justice law is shaking up the current corrupt justice system and making it possible for this to soon happen.

We also don’t want to lose sight of the fate of the former prime minister Nori Al-Maliki, in his charges of corruption and treason. His day too will come in court, probably to be initiated by an international tribunal but proceedings will occur in Iraq courts. The timing for this is delicate but it too is on the horizon.

Amnesty Law - Still no news on the Amnesty law. As far as I know it has not even has its first reading. I believe this law will follow very closely on the heals of the National Guard law once it is completed in parliament.

I am not hearing it will take months to complete and implement this legislation but then again I could have said this months ago yet here we still sit waiting.

These laws I mentioned above are greatly needed to support the security measures now being undertaken and also are part of the 2014 Reconciliation Effort. Remember the list of reforms I presented to you months ago?  Go back to my earlier posts and read them.

Well do you remember I said these laws will effect any revaluation effort. At that time I took lots of heat for that statement and I once again stick to my guns on these laws. You don’t have to agree with me but we shall see who is presenting hype or facts later….won’t we? 

Do they really need this legislation?
In light of all that I have told you in my last news letters and included in this one how can anyone possible believe they do not now need these laws? These laws are the groundwork, the foundation of a higher state of SECURITY and readiness to fight enemies of Iraq. It is also the basis for the de-centralization effort.

If they had implemented these laws in 2008, as they were supposed to do under the Maliki administration, ISIS and Iranian militias would never have had much influence in Iraq and we just might have all been to the bank already long before now. Do you now understand?