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DINARESGURUS.BLOGSPOT.COM_________________ _______

Wednesday, April 8, 2015

FRANK26 CC NOTES BY SUSAN A. SMITH FROM S3A, 8 APRIL

(Frank's real-time update to Delta from ITeam): 
"Things are moving very fast now. They are much farther than you think. We're moving at a very quick pace." We will not give you any details. The Monetary Reform, and the security, is moving...very fast. We still are not trusting, we are not using, the internet.  The origin was not a power plant. It was what the Russians were doing with OUR internet. O signed the EO, to stop them,; and then they shut us down, to catch them. Money laundering is the next issue. Also, we now confirm ( it took 2 days) we now confirm 100%, what Delta's teams reported to you on Monday morning. We found it. Also tell Delta's team, the reporter; they are repeating it. ...the reporter is repeating every day, what he shared Monday morning.....  
         DeltaEvery day in Iraq they do receive reports of the financial news, around 5PM Iraqi time. The news is on live for 12 hours; and then that 12 hours is repeated. They know, and we have seen the article for the last 2 or 3 weeks, that the Fin Com. and the Parliament, Abadi, every day almost, there are updates that they are meeting; who is meeting with Alab. Watching the interview with the Fin Com.; with the reporter saying that the rate for the Iraqi Dinar would go to about a dollar, in 2 weeks. 
It is a legit TV station. Iraqia TV is sponsored by the govt., the Parliament...and is the only station that there is money allocated to-from the budget. On this phone interview, the Fin. Com. stated; to raise the Iraqi Dinar value to normal. For the reporter to say that (and 1st time stated like that on TV by the reporter, that it is, "EXPECTED")...Delta said that the rate (though no one knows it) is aiming towards $.85. $1.16...Though no one knows for sure. There is a lot of pressure on Iraq, on all angles....from Abadi, from the Fin. Com....but NOBODY CAN PULL THE TRIGGER EXCEPT THE CBI...EVEN ABADI DOES NOT KNOW THE DATE. It is confidential classified information.                    
This report came out on the 2nd...so it is projected to be looking to somewhere around perhaps the 16th.....There has been an indication that they like to do things around the middle of the month. Said to remember, that this is Iraq, and they can do anything that they please; the CBI technically, they can pull the trigger-at any time; if they'd like to do that. With the all of the beautiful numbers and the article with the Central Bank's governor; he came out and stated that we got the 'greenlight' to implement the 'deletion of the zeroes'. Now, all of us are excited and happy; for it was one of the biggest articles for all of us....but after 2, 3, or 4 days....we were hoping to see the big announcement...and nothing happened.

 And then Delta's team reread that article again; and you do read it again (as well) they saw that they missed a lot of subtle information, that is very important.....The government of the CBI (restating the deletion of the 3 zeros) but prior to that, there are some things that they need to do. It went through, and it explained that they are trying to basically train their employees on the new models of the new currencies, before they start doing this. Also, before they give the big announcement, the money-laundering is a big issue. It is one of the most important keys right now.

 They're going to make sure that everything is under control, that the e banking system, the Qi cards, Saaid that we know that they have the lower denominations, and again ALOT of pressure on the CBI, TO PULL THE TRIGGER...The dollar is close to 1300 DINARS.....There are ALOT of people taking advantage of that; especially the money exchangers. ...So whatever the Central Bank of Iraq did before; it is impossible to CONTROL WHAT THE VALUE OF THE DOLLAR...on the markets of Iraq... and what it is DOING ON THE BLACK MARKET...UNLESS THE CBI REVALUES THE IRAQI DINAR......Also, today...on Iraqia TV (said not sure if an article has been published yet about it) that money transfer companies, and offices in Baghdad...they are not sending Dinar, from city to city. They are refusing to send Dinars to Kurdistan (sending dollars).                  
                    
Delta asked:                   
                    
1. WHY IS THE MARKET ECONOMY PRIVATE SECTOR NOT ACTIVATED?                   
                    
2. Why have they not fully issued Qi Visa/Mastercards?                  
                    
3. WHY THE WHOLE BUDGET IS NOT DISTRIBUTED (ALL OF IT) ?                  
                    
Said that the oil company being paid story....is not true.                          
                    
Short on value; and short on liquidity......                  
                    
BIG BIG PRESSURE to move very fast. Revalue the rate.                   
                    
Corrected Topshelf...the numbers of the spreadsheet...are in Dinars; not in Dollars.             

ROADRUNNER POST FROM TNT :My WF bank story!, 8 APRIL

    • Roadrunner said
      07:09 PM Apr 8, 2015
    I have had a WF Manager "In My Pocket" for two years now! He told me today that we are waiting for the amount of people that are aloud to exchange a day,....after that....he told us and our local group of 60 or so.that we should be exchanging within the next 24hours or less. No new info on rates, butt all very good news!!! What he said is that he confirmed what TNT Tony and DC said........."about 14000 people a day" starting ASAP! Take it for what it is.
    Roadrunner.....OUT!

POST FROM S3A MEMBER IN S3A PRIVATE SKYPE ROOM & S3A CHAT UPDATE, 8 APRIL

POST FROM S3A MEMBER IN S3A PRIVATE SKYPE ROOM # 2


Just so everyone knows...

I went to a bank wealth manger today, not Wells Fargo, and showed him my documentation for the dinar to dollar exchange.

I had the receipt of the dinar, a gift letter from me to a trust that I had already set up and created a bank account at the bank.

I asked him if the docs were OK and if he needed anything else.
He said I don't need any of that only you, the dinar and we will CE into the trust acct, no problem.

Don't ask - as per everyone else I will not reveal the bank.
So it's a slam dunk, not if you ask for contract rate it might be diff. but this WM had no knowlege of a contract rate.
***********
S3A


Frank CC from tonight 3/8/15 Delta gave his report.
MANY STILL DO NOT EVEN GET THE BIG PICTURE!!!!
THE WORLD HAS GONE AROUND THE USA WITH AIIB...........
THE IMF AND WORLD  BANK DETOUR IS NOW LIVE!!!
THE CABAL BANKING SYSTEM HAS BEEN CIRCUMVENTED!!!!!
WHAT IS THE LAST HOLD CARD THE "NOT SO GOOD GUYS" HAVE THAT THEY HAVE BEEN HOLDING HOSTAGE...............................................(YOU  SHOULD KNOW THE ANSWER TO THIS)
7:38 PM EST RUMOR-NOT CONFIRMED
PRIVATE EXCHANGES HAVE STARTED IN 28


SUNNY POST FROM TNT : TONY'S CLIFF NOTES, 8 APRIL

Highlights of Tony's CC.  Updated as the call progresses     
Tony is not depressed and DC is in the house.  

DC: re:  Birthday greetings.  Will read everyone of them.  Holy cow, some of you are very articulate.  Enjoyed everyone of them.  Thank you! . . .About Monday, I was just working.  

Tony:  Info out there about Okie, that he is not feeling well.  Will call and let everyone know.  Poppy3 had another stroke.    

CURRENT WINDOW: DC: In final, final 9th inning, bases are loaded, ahead in a major way.
                          Need one person to hit a single.  Talking about as early as Thursday (tomorrow) in Iraq.                          (At the end of the call DC said the window of Thursday goes through next Wednesday.)

Tony:  People sitting at bank counters, computers waiting on this.. . People on standby. Abadhi telling people in a few days. their TV saying phase 4 is coming to an end. People in other countries waiting on . . .pins and needles. Happening now. Iraq has no physical currency. Now they are taking the USD because no one has no dinar. None of that suggest to me it will be 2 years from now. 
DC: Agree with Tony. Plus, they have made promises on payment, etc. where they cannot avoid doing so.  Major disinformation campaign going on . . . info leaking . . . IN FACT pushing this.

IRAQ:  DC: Sum up Iraq in one word: “Frustration.” Dealing with a lot of politicians demanding this to be done, others concerned US will make money off of this and the speculators have actually funded the CBI.  It’s an education campaign in Iraq.   More contractors in Iraq than ever before waiting for this to go through.  A number of contracts started April 1. Causing problems that Iraq does not have the money to pay them.  Dr. Abadhi has gone through the provinces again and he is scheduled to meet with Pres. Obama, meet with all financial people and at the UN.  

Administrative hold last weekend was on behalf of the IMF in conjunction with Dr. Shabibi, Abadhi and his senior staff  It was the IMF's call.  Some were quite surprised.  Most issues worked out and everything back on track to get this done.
  • Parliament vote in yesterday put into law all the agreements.  Tony:  Should be seeing that in the next 48 hours.
  • Citizens highly frustrated  - all sorts of issues.  Rioting was mentioned and not talk about it in the same breath.  
  • Banks  stuck in a precarious situation – part of Iraq paid for three weeks now.  Causing frustration and anger that others have not been paid. 
  • Media:    TV and Mosques still announcing the economic reform is about to be complete.  Also use the wording of "days," "coming days." 
  • HCL:  Kurdistan passed in their Parliament what they were going to pay their citizens.  Kurdistan Parliament could not do this until there was an agreement in place and operational with Baghdad.  We are NOT waiting on this.
  • 50 Dinar Note:  deadline for USA is April 15th.   Does it make sense for the RI to happen before the 50 note expires.  DC:  They would like to do it.  Not a big deal in Iraq.  T:  Not a big deal here as they don’t care here if it’s exchanged or not.    
INTERNATIONAL:    RV/RI is a co-ordinated effort between IMF, BIS, Dr. Shabibi at the CBI and Dr. Abadhi.
  •  Rates  about where they were.  Caps still the same.    
UNITED STATES:  Administration not involved.  Waiting on BIS, CBI and IMF.  They are also frustrated this has not completed.  House finance committees is amazed it's not gone through.  Dr. Abadhi is scheduled to meet with Pres. Obama, House finance committees and the UN on his US visit.
  • UST:      
  • Banks: been on lock down and exchanging people for sometime.  Getting regular updates. Staff with family members who own currency is growing and problems are being for seen with this.  Regulators upset and saying this is not right. Tony:  every day this goes on the bank employees find out this is real. . .  Banks had meetings with WM's over the weekend.  Tony:  Even though we wait, Twitter account says 242K and word out so it’s now 257K.  We are growing right here in the middle and more people finding out.  Some are bank employees.  DC: A lot of banks send out a memo update from Tony and DC to their execs on the dinar team.
  • Reserves -  DC:  The likelihood of those who have reserves being able to get contract rate is extremely limited. Contracts go faster than you can get reserved currency.  Tony:  This is not to buy more currency today.  What you have in hand when you walk in there, is what you will get contract rate on.
  • Contract Rate Details:   
    There is a pool for contract rates for general public. It’sunknown who long that will last but the it guesstimation is 2-5 day’s mixmum.  Each bank has a little different contract rate policy.  Some are, first come first served.Another said it doesn’t matter to them if your exchanging 1 note or 20 million.And another bank is looking for people who present and act appropriately, not bragging about their wealth or actingirresponsible.They want people they can work with.  
    One bank will only have 4-5 locations to exchange at contract rate.  Cap for dinar is 20 million for contract rate.  It depends on the bank policy if you will get the contract rate at the exchange or in meeting with a wealth manager.
       
EXCHANGE PLAN:   DC said a plan is being discussed to lessen the impact on the banks by having 10-14K people a day exchanging. That the banks at this point have "cherry picked" people to exchange based on their asset level, currency holdings, etc. Others saying it's kind of pointless when it's supposed to be public tomorrow anyway.  Tony volunteered, joked, he would give them a list of TNT peeps to exchange.   A slow roll out plan was already planned and this is just a modification on that plan.

DC:  Do not call the banks,  Do NOT call the banks, DO NOT CALL THE BANKS!
DC:  Let's see if we are allowed to go thru -we will let you know.  If we cause a ruckus, it'll cause issues..... very important to let this play out. 
Tony:  Don't call, show up or email the banks - if it becomes open to us - we will have a call - what we wanted to do was be sure that you all know the process is moving - they are enlarging the number of exchanges - it's a good thing

CLOSING STATEMENTS:

During the call DC talked about a King who, as he traveled through Egypt he handed out gold coins and it upset the economy for 10 years.  DC said to anyone who could tell him what king and what country the king was from he would take 20 of them out to dinner.

DC:  It was King Croesus. Rich as Croesus was saying.. . .Why does it matter?  For intellectual stimulation and the destructive nature of what money does, disruptive nature of the dinar.  Some folks are worried cause a bubble in cars, houses, etc. Lots of folks have worried about hyper inflation . . .this king just threw out gold coins, thousand and thousand. More than most people made in a life time. Disrupted family lives, people went broke, caused erosions to social issues.  Same mentality.  Even thousands of years ago human nature hasn't changed. Handle with care, make the gold last as long as you can.

Everything else is keyed up. Pausing being cleared up. Getting ready for it in Iraq as soon as tomorrow through next Wednesday. Other aspects are US and rest of world banking system highly frustrated and may allow early exchanges to go through. Not decided yet  I am a massive supporter of that.  Gets lots of folks taken care of and lessons the impact on the economy.  . Do not Call the banks.  (said 3x’s)

Pam: I will make them cover all you guys. no problem. Don’t send in contact info. NOT making a list. Tony already has it.  Do not send me emails - we are NOT making a list - we already have a list of members and donors - do not send it to me -
David M said early - there are front men and roadies and both are essential to the success of the show. Daz said the roadies run the show - want to give thanks to sunny gal, transcribers, banner people and mods.  Zebra Girl who transcribes the entire call verbatim.  For Tony, DC, Ray and the rest, thank all of them for making TNT work
A special member, Dakotaman, lost a lot of people along the way, our hearts are with you
Dakotaman goes above and beyond to help people on our site. Our hearts and blessing with you dakotaman.  (Dakotaman buried his mother Sunday)

Ray:  At the beginning of the call I said this is, Wealth of information Wednesday. DC, next time you hold a contest, you need to tell them how to contact you. Had two winners came in on my line.
Tony:   We get an 800# will send it out to you. Just giving you info to let you know things are moving. On Twitter someone posted they have an appointment for tomorrow. It’s coming. Becoming more and more prevalent for anyone to see. Everyone is not under the NDA - they get excited, telling others. Don’t run to the bank. They have their own system. Let them use their system. Let them get it done. Get in early, more power to you. Just means our turn is that much closer. Iraq still being told a "few days."  After noon today, eligible to do things, early exchange start. They could. Everbody very positve, ready for this to go. . . . make it as fast and easy as we can for you.  Banks already know what's going on. If we have to do another call we are here to do it. If not, for any reason, still stuff we didn't tell you. .. DC didn't want to upset the apple cart. Remember what we have discussed in the last five years in the 1st mouse. Enjoy your day and hopefully tweet out something later.

MY LADIES UPDATE :"Speculations Based on Current Facts", 8 APRIL

MY LADIES:  GOOD WEDNESDAY AFTERNOON EVERYONE. WE HAVE BEEN QUIET FOR A WHILE BECAUSE THE THINGS WE HAVE BEEN TALKING ABOUT IN THE ROOM WE’VE NOT SEEN IN INK YET AND I DO NO LIKE PUTTING OUT THINGS THAT WE CAN NOT PROVE, BUT I AM GOING TO NEED TO MAKE AN EXCEPTION THIS TIME.

THE REASON FOR THE EXCEPTION IS BECAUSE WE DID A PRIVATE CALL FOR OUR ROOM LAST NIGHT AND WE DID NOT RECORD IT BECAUSE NOVA AND I AND THE ROOM WERE TOSSING THINGS AROUND THAT WE CAN NOT TOTALLY PROVE MEANING WE KNOW THEY ARE ACCURATE BUT WE HAVE NOT SEEN IT IN INK YET.

THE HIGHLIGHTS OF THE CALL WERE POSTED IN OUR ROOM AND THEY SOME HOW ENDED UP IN DINAR LAND TODAY. SO NOW I AM PRESSURED TO SETTING A FEW THINGS STRAIGHT AND EXPLAINING WHERE WE ARE COMING FROM IN OUR THOUGHT PROCESS.

SO ANYONE IN POSSESSION OF YESTERDAYS CALL NOTES PLEASE DISREGARD THEM AND READ THIS ,THE ENTIRE STORY LINE.
....
ALRIGHT THIS WEEK WE DID 2 CALLS 1 ON MONDAY AND THE OTHER ON TUESDAY THEY WERE NOT PLANNED BUT I FELT WE HAD A FEW THINGS TO SHARE AND WATCHING THE TONE OF THE ROOM IS HOW I DECIDE WHEN TO DO THESE CALLS.

EVERYONE IN THIS ROOM KNOWS THE POSITION I TAKE WITH THE DAY TO DAY IRAQ AND NEWS ARTICLES, HUMM I HATE IT. I SELDOM COMMENT ON IT EITHER BECAUSE THE ARTICLES OUT OF IRAQ ARE SLANTED OR INACCURATE MOST OF THE TIME AND I DO NOT HAVE A FORUM THAT NEEDS A LARGE PAGE COUNT WITH 47 NEWSPAPERS ALL SAYING THE SAME THING.

YOU ALL KNOW I HAVE THE SAME 4 PAPERS I READ FROM COVER TO COVER AND VXXXXX WATCHES THE NEWS FOR US EVERYDAY. SO I AM ALWAYS IN TOUCH EVEN IF I DO NOT COMMENT. WHEN I SEE SOMETHING FROM THE CBI I WILL BRING IT IN AND WE WILL COMMENT.

NOVA AND I PREFER TO STAY CONNECTED TO GLOBAL ECONOMICS AS OPPOSED TO IRAQI BLAB LA BLA. ANOTHER THING I HAVE TOLD EVERYONE THAT THERE IS NO SHAME IN ME SAYING THAT IF IRAQ STARTS MAKING PAYMENTS I’M DONE AND WILL BE LOST AS TO HOW THEY ARE DOING IT.

WELL WATCHING OVER THE LAST SEVERAL DAYS AND SEEING ARTICLES WHERE THEY ARE SAYING THEY FOUND OTHER WAYS I DECIDED TO DO A CALL MONDAY AND I TOLD THE ROOM THAT WHILE THE INVESTMENT WAS SOUND I HAD THE FEELING WE WOULD BE SITTING FOR A FEW MONTHS MORE. I ADMIT THE BIS CAN TURN THIS ON IN FIVE MINUETS BUT I JUST FELT THERE WAS NOT AN URGENCY TO RE INSTATE THE CURRENCY.

IT APPEARED TO ME THERE WAS MORE URGENCY IN PLACING THE DISPLACED BACK IN THEIR HOMES. I FELT THAT THE SECURITY OF THE BANKING SYSTEM WAS IMPORTANT AND SINCE ONE OF THE CENTRAL BANKS IS IN MOSUL I FELT THAT MAYBE WE NEEDED TO SEE THE LIBERATION OF NINEVEH PROVINCE FIRST.

 I WAS ALSO WATCHING PARLIAMENTS WEBSITE AND FOLLOWING THE LAWS THEY HAVE BEEN READING. WELL I’LL TELL YOU IF AMNESTY LAW OR NATIONAL GUARD LAW OR RECONCILIATION LAW ARE BIG IMPORTANT LAWS IT SEEMS THEY ARE DOING THEIR VERY BEST TO AVOID THESE LAWS. WITH REGARD TO BANKING LAWS WE WOULD NEVER LOOK TO PARLIAMENT TO IMPLEMENT THOSE THEY FOLLOW UNDER ALL INTERNATIONAL CENTRAL BANKING LAW AS HANDED DOWN FROM THE BIS SO I KNEW WE WEREN’T WAITING ON THOSE YET.

WHEN YOU ADD ALL THIS UP IT JUST SEEMED TO ME WE WOULD BE WAITING AND I TOLD THE ROOM THAT NO ONE ANYWHERE WILL KNOW WHEN THIS IS GOING TO HAPPEN AND ONCE AGAIN I DISCOURAGED THEM FROM MAKING TIME LINES AND BASING THIS ON ANY PARTICULAR EVENTS.

NOW NOVA BEING THE ETERNAL OPTIMIST…YES I SAID OPTIMIST..LOL.. HE DISAGREED WITH ME BUT HE DID EXPLAIN THAT THIS IS A PASSIVE INVESTMENT AND THE DIFFICULTY WITH SUCH AN INVESTMENT IS WE HAVE NO CONTROL OVER THE OUTCOME. AS SUCH WE TRY TO ANALYZE EVERY LITTLE THING AND IT GETS TO CLOSE TO THINGS SO WE TEND TO START TO OVERLOOK SOME OF THE ABSOLUTES THAT BROUGHT US INTO THIS INVESTMENT TO BEGIN WITH.

THIS IS PRECISELY WHY I DISLIKE THE DAY TO DAY IRAQ. NOW WHAT ARE THOSE ABSOLUTES DO WE REMEMBER?

WELL HERE HOW ABOUT THE FACT THEY ARE GOING TO USE THEIR OWN CURRENCY ONLY AND MAKE GOVERNMENT SETTLEMENTS IN THE DINAR.

AND THEIR INTERNATIONAL STATUS, YOU CAN BUY AND SELL THE DINAR IN OTHER COUNTRIES BUT YOU CAN NOT EXCHANGE IT. THE DINAR IS STILL NOT ELECTRONIC, AND LET’S NOT FORGET THE NEW MECHANISM THEY HAVE IMPLEMENTED TO MAKE SETTLEMENTS WHEN THE TIME COMES.

NONE OF THESE ABSOLUTES HAVE BEEN BROKEN YET SO THERE FOR HE FEELS THAT THIS COULD STILL HAPPEN AT THE DROP OF A DIME AND FELT THE CURRENCY WAS A MATTER OF URGENCY.

 HE ALSO HAD NO EXPLANATION FOR HOW THE GOI WAS MAKING PAYMENTS TO ANYONE WITH SUCH A LIQUIDITY CRUNCH BUT HE FELT THE WAVE WAS CRESTING AND THIS WOULD ALL END SOONER THAN LATER.

THE WONDERFUL THING ABOUT OUR ROOM AND OUR OPEN CALLS IS THAT WE CAN DISAGREE WITH EACH OTHER AND NO ONE THROWS A HISSY FIT. EVERYONE HAS AN OPINION AND WE WELCOME THEM ALL. SO I LISTENED TO NOVA’S REASONING BUT DECIDED IT BEST TO SET THE TONE OF A FEW MORE MONTHS OF WAITING.

NOW I NEED TO MENTION THIS, WHEN I GAVE MY OPINION THERE WAS NO SADNESS, OR NEGATIVITY OR ANY OF THOSE THINGS OUR ROOM HAS GROWN SO MUCH IN FACTS AND HAS COME SO FAR I MUST SAY I AM VERY VERY PROUD OF EVERYONE IN HERE.

IT IS WATCHING HOW GROUNDED EVERYONE IS AND HOW LOGICAL AND HOW EVERYONE APPLIES COMMON SENSE THAT MAKES IT ALL WORTH IT FOR ME TO HAVE THIS ROOM. WE ARE FOR SURE ONE OF THE TOP SKYPE ROOMS OUT HERE I THINK I WANT TO THANK YOU ALL FOR TAKING THIS JOURNEY WITH ME THROUGH ALL THE UPS AND DOWNS.

WELL NOW THAT WAS MONDAYS CALL AND SPEAKING OF UPS AND DOWNS AND POSSIBLE BI POLAR REACTIONS WHAT HAPPENS TUESDAY WHEN I CHECK IN TO THE ROOM; WELL IT SEEMED THE CBI HAD BUSTED OUT IN SPEAKING.

WE WATCHED THROUGH THE DAY AND SAW THESE ARTICLES COMING OUT ONE AFTER THE OTHER NOVA AND I SPENT MUCH TIME ON THE PHONE YESTERDAY TRYING TO PUT TOGETHER THE ARTICLES ALONG WITH SOME INFORMATION WE HAVE. SO LET’S START;

FIRST : SAGER SENDS ME SOMETHING HE HAS BEEN FOLLOWING WITH MILLIONDAY. AND I MUST SAY THIS MADE A HUGE DIFFERENCE IN HOW I SEE THINGS AND MY HAT IS OFF TO HER. GREAT JOB MILLIONDAY.

THIS IS A PIECE ABOUT THE IMF AND NEW CURRENCY INTRODUCTION. IT SEEMS IRAQ MEETS ALL OF THE REQUIREMENTS FOR NEW CURRENCY IS NOW UP TO THE IMPLEMENTATION PART. THIS IS EXCITING HUGE NEWS RIGHT?

AND HERE IS THE STEPS LISTED ON THE IMF SITE
http://www.imf.org/external/pubs/ft/fandd/2013/12/lonnberg.htm

SECOND; WE SEE THIS IN FROM THE PARLIAMENT WEB SITE “Finance Committee will host the central bank governor and his senior staff”

http://www.parliament.iq/details.aspx?id=36668&Alw

OK WE SAW THIS SAME THING 3 DAYS IN A ROW ABOUT THE FIVE YEAR PLAN TO MONITOR MONEY LAUNDERING BUT THIS TIME IT’S A LITTLE DIFFERENT. WHY/ BECAUSE IN HERE THEY ARE SAYING AGAIN TO HOLD OFF ON THE DELETE THE ZERO’S AS THE TIMING IS NOT RIGHT. THEY ALSO SAID TO HOLD OFF DUE TO THE SHORTAGE OF THE PAPER.

THIRD; WE SEE THIS FROM A PAPER IN QATAR,

http://thepeninsulaqatar.com/business/middle-east-business/331194/iraq-in-talks-with-imf-no-decision-yet

WELL LOOK AT THERE WHO IT IS. NOW MANY OF YOU SHOULD REMEMBER I DID A POST BACK IN AUGUST OR SEPTEMBER AND I STATED THAT FORMALLY SHABBIBI WAS STILL THE CENTRAL BANK GOVERNOR. I SAID THAT ALI ALEC WAS THE INITIAL SECRETARY OF THE COUNCIL OF MINISTERS APPOINTED TO THE CBI BY MALIKI AFTER TURKI RETIRED.

I EVEN SAID REMEMBER ON THIS DAY THAT I SAID HE WILL BE BACK.

 I WAS TOLD I WAS WRONG AND THAT HE WAS 73 YEARS OLD AND THAT HE WAS VERY COMFORTABLE IN GENEVA AND BLAB LA BLA….WELL NOW LOOK AT THIS PICTURE AND THEY ARE CALLING HIM THE CENTRAL BANK GOVERNOR. HOW ABOUT THAT?

FOURTH; AND THIS IS NOT IN INK WE HAVE INFORMATION THAT ABADI IS COMING INTO DC ON THE 12TH AND HE IS MEETING AT THE IMF FIRST THING.

WELL ALL THIS AND A BIT MORE AND NOVA AND I DECIDED AT 7:30 LAST NIGHT TO DO A CALL IN 20 MIN AND HERE IS WHAT WE TALKED ABOUT. WE FEEL THAT IN LIEU OF ALL THESE DEVELOPMENTS WE CAN ELEVATE FROM WHAT WE SAID MONDAY NIGHT TO A HIGH LEVEL OF EXPECTATION.

YOU SEE WHEN YOU LINE EVERYTHING UP IT IS HARD TO STAY GROUNDED BUT YOU NEED TO. SO LET’S ANALYZE WHAT WE HAVE AND THEN THE WE WILL PUT OUR OWN SPIN ON IT. YOU SEE I DID NOT RECORD THE CALL BECAUSE MUCH OF IT WAS SPECULATION BUT NOW IT’S OUT SO HERE GOES THE WHOLE EXPLANATION.

WHY IS ABADI COMING IN 2 DAYS EARLIER THAN THE PAPERS ARE REPORTING AND WHY IS HE GOING TO THE IMF?

COULD IT HAVE SOMETHING TO DO WITH THE “NEW” CURRENCY.

WAIT NEW CURRENCY? WHAT NEW CURRENCY?

WELL WE SAW THE FINANCE COMMITTEE AND THE CBI SAY THEY WOULD NOT DROP THE ZEROS. HUMM AND WHAT DOES THAT MEAN?

DROP THE ZEROS NEVER EVER MEANT FROM THE FACE OF THE CURRENCY. DROP THE ZEROS ALWAYS REFERRED TO THE VALUE. MOVE THE DECIMAL POINT TO THE LEFT. SO 1166 WOULD BECOME 1.16.

OK SO NOW WHAT DOES NEW CURRENCY MEAN??? 

 WELL IRAQ IS QUALIFIED AND GOING THROUGH THE STEPS NEEDED TO INTRODUCE A NEW CURRENCY SO WHAT COULD IT BE…HUMMM LOWER DENOMINATIONS MAYBE?

NOW PLEASE REMEMBER THIS IS ALL SPECULATION, THIS IS WHAT WE WERE TALKING ABOUT ON OUR CALL LAST NIGHT SO NONE OF THIS IS IN STONE BUT IT SURE DOES FIT.

LET’S CONTINUE; IF THE CBI DROPPED THE ZEROS THEY WOULD THEN HAVE TO DO ANOTHER STEP. THEY WOULD THEN HAVE TO RE INSTATE THE CURRENCY. WHY?

WELL BECAUSE IF YOU ALL GO BACK TO THE INTERVIEWS WITH TAMIMI AND TURKI WE REMEMBER THEM SAYING THAT THEY WERE GOING TO INTRODUCE NEW CURRENCY AND IT WOULD BE THE SAME AS THE CURRENCY THEY HAD IN THE “90’S” AND IT WOULD CO-EXIST WITH THE OLD CURRENCY. (SO PLEASE DON’T ANYONE GET CRAZY ABOUT THE NOTES WE ALL HOLD. WE WILL BE FINE)

HUMMM…OK SO NOW THAT WOULD MEAN THEY POSSIBLY DECIDED TO DO AWAY WITH THE DELETION OF ZERO’S AND INSTEAD THEY WILL INTRODUCE THE LOWER DENOMS AND CHANGE THE VALUE AT THE SAME TIME THERE BY ELIMINATING THE SECOND STEP. THAT IS VERY POSSIBLE FOR SURE.

WE ALSO SPECULATED ON WHY ABADI WOULD BE COMING TO THE IMF. IF IT WAS NOT FOR SOME IMPORTANT REASON WELL IT SEEMS HE WOULD JUST SEND JAFARI RIGHT.

I MEAN THIS MAN IS IN THE MIDDLE OF CLEARING DAASH FROM IRAQ, AND BY IN THE MIDDLE I MEAN JUST THAT. HE HAS BEEN IN THE TRENCHES SORT OF SPEAKING WITH THE TROOPS EVERY STEP OF THE WAY. HE POSTPONED THE MEETING WITH PRESIDENT OBAMA IN MARCH SO THAT CAN NOT BE THE WHOLE REASON BEHIND HIS VISIT EITHER.

NOW DO YOU REMEMBER THE STEPS A COUNTRY TAKES TO INTRODUCE A NEW CURRENCY? WELL THAT IS NOT THE JOB OF THE CENTRAL BANK, NOPE THAT IS THE JOB OF THE GOVERNMENT TO START THE PROCESS.

IRAQ IS AT THE END OF THE PROCESS. 

COULD IT BE HE IS COMING HERE TO THE IMF TO SIGN OFF ON THE CURRENCY, PUT A THUMB PRINT ON IT? TAKE A PICTURE? I DON’T KNOW BUT IT SEEMS TO US THAT THEY ARE INTRODUCING A NEW CURRENCY (LOWER DENOMS) THE IMF ALLOWS APPLICATION SORT OF FOR THE CURRENCY AND THE BIS TURNS THE CURRENCY ON, OR SETS THE VALUE.

THEN WE HAVE THE PICTURE AND THE ARTICLE FROM QATAR. SHABBIBI SITTING WITH ZEBARI THE FINANCE MINISTER AND NOT JUST THAT BUT WHAT ELSE IS THE STORY TELLING US? HERE IS THE HEADLINE “IRAQ IN TALKS WITH IMF; NO DECISIONS YET”, WHAT DOES THAT MEAN?

WELL THEY ARE HAVING A LIQUIDITY CRISIS AND THEY ARE TRYING TO DECIDE IF THE WILL TAKE A 1.8 BILLION LOAN FROM THE SPECIAL DRAWING RIGHTS!  WELL FROM THE SDR? HOW WILL THEY DO THAT? DON’T YOU NEED TO BE PEGGED TO THE SDR TO BORROW MONEY FROM IT?

OK SO NOW LETS ADD IT ALL UP AGAIN, NO DELETION OF ZEROS, INTRODUCE NEW CURRENCY, MEET WITH IMF IN UNDISCLOSED MEETING, AND POSSIBLY BORROW FROM YOUR SDR ACCOUNT.
WELL ALL THIS SMELLS LIKE THE END OF THE RIDE TO US.
NOW AGAIN I WILL SAY WE ARE SPECULATING HERE. WE NEVER DO THIS! WE WERE FORCED INTO DOING THIS BECAUSE OUR CC NOTES WERE TAKEN AND PUT OUT IN DINAR LAND. SO IF YOU FEEL LIKE BASHING OR MAKING RUDE COMMENTS PLEASE PASS ON BY.

WE ARE SPECULATING ALL OF THIS BASED ON THE CURRENT FACTS PUBLISHED ABOVE.

 OH AND BEFORE I FORGET THERE IE ONE MORE THING WE SPOKE OF LAST NIGHT THE HCL SO HERE IS AN ARTICLE WE READ

 http://mnr.krg.org/index.php/en/press-releases/452-mnr-welcomes-passage-of-oil-gas-revenue-fund-law-through-kurdistan-parliament

AND WE WERE WONDERING HOW KURDISTAN PASSED INTO LAW THE HCL FUND LAW IF BAGDAD HAS NOT DONE IT YET….HUMMM SEEMS THE CAT IS OUT OF THE BAG ON THAT ONE TOO.

IT SEEMS AND AGAIN WE ARE SPECULATING THAT HCL HAS BEEN PASSED AND IS BEING HIDDEN ALONG WITH SHABBIBI…LOL…

 SO THAT IS WHAT OUR CALLS WERE ABOUT THE LAST 2 DAYS AND I HOPE THIS CLEARS UP THE CRYPTIC NOTES THAT ARE GOING AROUND. LINNEA THANK YOU DEAR FRIEND FOR YOUR HELP AND YOU MAY CIRCULATE THIS LETTER ALL OVER.

AGAIN I WILL SAY KEEP YOUR CRASH HELMETS ON AND YOUR SEAT BELTS FASTENED.THIS IS HUGE NEWS ALL AROUND BUT UNTIL WE SEE IT ON THE CBI SITE WE NEED TO STAY GROUNDED.

LOVE TO ALL MY LADIES AND NOVA AND NEWS HOUNDS

TNT CC NOTES, 8 APRIL

4-8-15 TNT DINAR CC (Notes by Adept1):

Replay 805.399.1500, PIN CODE 409029#

http://events.instantteleseminar.com/?eventid=68257254

Tony:  Good evening, TNT!  Today is Wednesday, April 8, 2015.  People are already putting out that we didn’t think we would be here, but here we are.  On Monday’s call – and I hate doing calls in the evening, because I get up at 4.30am – I hear a lot of you think I was depressed.  Actually I feel really, really good because things are happening. Then some said they were glad DC wasn’t there, that he got fired or ran away. They don’t fire people like DC, they retire them.  [DC laughed.]

Monday and Friday DC was at meetings and briefings, and everybody wanted to know what happened to DC, that he ran away because Tony was telling lies, or he got fired…

DC: “The stories of my death have been greatly exaggerated.”  Thanks for the very kind and articulate birthday wishes last week.  Have read some, will read the rest, and some of them are very touching and articulate.  On Friday, well… if you  get between me and barbecue, you are asking for trouble. I got invited for a birthday BBQ, and otherwise I was just working, that’s all.

Tony:  Have you read the ‘one word to describe Tony and DC’ post?

DC: Thanks for that, I will read that in the next day or two.

Tony: There is a lot of information out there about Okie, who is not feeling well.  I was planning to bring him on the call but haven’t talked to him yet.  If it’s true that he is sick, I will tweet it out to everyone.  Also, Poppy3 had another stroke but is now conscious.  They are doing the best they can with what they have.

DC: We are all volunteers in this game.  In Iraq, there are politics – they are dealing with a herding cats mentality.  Some politicians are demanding this to be done, and others are upset thinking the Americans are making too much money because they don’t understand that it’s not coming out of their budget.  The IMF and CBI are talking to their banks that are stuck in a precarious situation.  Part of Iraq has been paid for three weeks now, and that is causing a big problem.  It’s causing frustration and anger, and many politicians are keeping people calm and ready to go.  All the people and politicians are frustrated, and Abadi is take a lot of phone calls from everyone;  so is Shabibi.  The people are reaching a level of discontent because some people have been paid and they have not – are we in Maliki’s territory again?  There is a lot of frustration in Iraq.  In the Army, they are putting up good ideas, but at some point you have to kill the ‘good ideas theory’ and move on.  That is causing a major issue that is not good for the politicians and the people, but good in the sense that pressure is now insanely high.

The battles for Tikrit and Mosul are going well. The rest of Iraq has a lot of contracts that are supposed be done, with contractors waiting for this to go through so they can get started.  Contracting officers targeted 1. April or 10.April, assuming Iraq would have money to pay them, and obviously they don’t yet.

A lot of HCL is getting motivated and the revenue portions are moving on. We are only waiting for Abadi, Shabibi, IMF and BIS to agree on a time to move forward.  In the mosque they are still saying the economic reform is about to be completed in the next day  or few days.

Tony:  Some are saying the HCL has not been completed.  Kurdistan has just published what they are paying their citizens according to the HCL, and they could not do that unless that had already been agreed with Iraq. They would have no basis to work it off of.  Their payments cannot happen without the HCL agreement having happened.  It’s good to see Kurdistan doing that, because it shows that their agreement with Baghdad in place and operational, or they wouldn’t have received the latest payment.

Tony:  Okay… meetings, Abadi going throughout Iraq and also meeting with Obama… IN the vote in Parliament yesterday, ALL the agreements are now law and we should see that in the next 48 hours.

DC:  There Is an issue with Yemen, if that goes bad it’s a proxy war between Sunnis and Shi’a.  That is something to watch but not lose sleep over.

In the USA. Abadi is coming to meet Obama and State and Defense guys, plus the UN and some financial guys on Friday.  The meeting with the President is on the 13th. The US system is not involved at all anymore, just waiting on the sidelines for the IMF and CBI to finish it. They are also highly frustrated this is not done yet.  The House and Senate are amazed this has not gone through, especially if they are relevant committees. They are getting tired of it like all of us.

The banks have pulled in a lot of people on lock down and also making exchanges.  That didn’t sit well with anyone that they pulled in people over Easter weekend. The bottom line is that they are getting memos and emails telling them to keep people in, on high alert.  The number of staff having currency or their families with currency is growing rapidly, and that is a major issue for bankers because their staff will walk out.  They all want to move on with it, as do we all.

Tony:  Before you do the plan, I want to talk about the banks for a minute.  When I sent out the tweet saying this would be interesting, this is not about paying the bills – that is what your job is for.  This is bigger than that.  In the banking industry, every day this goes on the banking staff find out this is real. The banks knew this would happen but thought it would happen overnight, not dragging on for weeks and building up steam. They had meetings over the weekend saying they expected a flood of customers on Monday.  I also have a memo from a wealth manager yesterday saying this is a complete fraud, that the bank is never going to do this, etc.  This is the same bank where they have exchanged X people. They are suggesting that the person sell their dinar!  This has to be hard for any human being to keep putting this out, saying it’s a scam, etc.  If this happens tomorrow, their whole world is going to change. They are protecting themselves, and I get that.  They don’t want their employees to walk out the door.  They are being very careful with their wording, but people are going to believe it, and that is not right.  They have the opportunity to change their lives, and now they are paying attention to this wealth manager who is being told to say this.

They have a lot of people on standby, told not to go more than 30 minutes from home. They are getting frustrated as well, because they keep being told it will go at X time and day.  Even though we are still waiting, on Twitter we were at 240K, we dropped down for a bit, and now we are up to 257K again and growing because more and more people are finding out and purchasing. The banks are worried their employees are taking action because they are watching us buying more currency.  In one way, that is encouraging.

DC:  There has been a lot of meetings and discussions, although I don’t hear that any formal decisions have been made. They are talking about doing an early exchange for dinar now.  Does this mean more connected people are being exchanged?  No. They are talking about cranking this up to 14,000 or so per day worldwide, which is a lot, and getting ahead of the game. The banks are incensed at dragging in their people with no action. That will also lessen the impact of the dinar when it comes through. How can they minimize the jolt to the system?  That is why they are doing stuff in Basra and Kurdistan to ease the impact.   This is the adapted slow rollout plan.  In my opinion, that would make a concerted effort to get through.  How will they select the people who go through?  Each bank has its own criteria:   influence, money levels, etc.  If they crank it up to that level, all those waiting on the final list will go through pretty quickly, in a day, and then they will start to pull in other people like you and me.  It’s because we are paying attention, and they will get people to exchange in a few days, both here and in Iraq where they had put that on a pause.  They want to crank up people across the world to lessen that impact.   That means we can all get in line and go forward.

We are happy to help, as always, and spread the information an a methodical way because that will get everyone going.

Tony: It was supposed to go into effect this afternoon.  I know some people who already have appointments for tomorrow and it might get moving by this evening.  My suggestion is to get all the TNT people through in two day!  I can submit the names to you, they can get through in two days, and that will end your problems with these calls!  It think it’s good that they are talking about those numbers. They could go through that in a couple of days… maybe not all at 15K per day, but it would still be a good group.  They would certainly  get through all TNT members.  Pam could come up with a list, easily, to get us through. We already have those people if they want to do that, if they are looking for a list other than what the bank has.

I will tell you that Pam had an excellent idea to get you all on the list, but I wanted DC to be here to take the blame or responsibility.  [DC:  No way!]  Maybe we won’t need that.  Maybe you will start getting calls and emails you weren’t expecting.  This is not to get you hyped up;  we know the banks are prepared and want to get this done. They have the rates and the process;  more of their employees are exposed every day, and that is not what they wanted to do. We have 4-5 banks that listen to our calls, with everyone listening to the call over their lunch breaks.  Also, memos are going out saying ‘this is the update from Tony and TNT’, and they receive the notes for their executives on the dinar team.  That’s kind of funny, that they are getting the information from us!

Everything is good to go, some people will start exchanging, and we believe they have been authorized to do this now. They are as frustrated as you are.

DC:  They are in serious talks, and we don’t know if they are jumping the gun or if they have actually been authorized.

Tony:  Don’t call Pam about the list or about her idea because her handler said she cannot discuss it.  There is something else about the banks… They are ready to go, eager to get this done.

954 caller:  Where are we in terms of baseball?  Where are we?

DC:  We are in the final, final, 9th inning, bases are loaded, and we need just one person to hit a single.  We’re down to the last scrawny pitcher in the bullpen. There were minor issues brought up over the weekend, but most of the US-based guys don’t know about that.  It was between Iraq and the IMF-BIS. They are talking about Thursday in Iraq.  We are right at the end of this thing and we’re ahead.

Tony:  Is that tomorrow Thursday?

DC:  Yes.  Don’t go buy dinar, but we know that everyone is ramped up as early as tomorrow for the public.  So that is the discussion point:  do you do early exchanges going  if it goes tomorrow? They’ve heard that before, so let’s just get these early exchanges moving.  I heard something else:  they didn’t plan to crank up more than 14-15K per day until they have ramped it up a few days.  It would take them a while to get them to exchange more than 15K per day.

Tony:  Do NOT text or email me for what to say on the call.  Also, do not ask me to put  you on the list because we don’t have one, although we can create one easily.  We do have 20K TNT members and can quickly get a list together right away.  We have emails of members and non-members and I will add everyone whose emails I have now because we know they have dinar.  “Please refrain from sending requests and/or personal information.”

DC: About reserves, we think it very unlikely that you will be able to get contract rates on those reserves. The contract rates will go much faster than you can get hold of your reserves.

Tony:  That is NOT meant so you will buy more currency today. Some of you have huge amounts based on those reserves, but it probably won’t happen. You  will most likely get contract rates on what you have in hand, and international rates on the rest.

352 caller:  I wouldn’t’ have your job for anything.

Tony:  If they paid me, I would!

Caller:  I was reading a blog, and I want to ask you if there is any validity in what that blog says, that the RV will not come to pass because they are waiting for two years for the value  of the dinar to increase??

Tony:  They have people sitting in banks right now who are trained to do this. They are on standby for a rate change today.  Abadi saying the Iraqis will have this in a few days, and their television is saying that as well.  People are waiting on pins and needles, and it doesn’t make sense that they are waiting for two years.  They have no currency in Iraq – they de-dollarized, but people are still using dollars because there are no dinar.  So it doesn’t make sense to me that they will wait for two years.

DC: They have made promises for payment that they cannot withdraw. There is a major disinformation campaign to slow things down, some in the US and some in Iraq. They  know people are leaking information, and if you handle that information a certain way, you can throw out any old crap.

Tony:  So the misinformation is out there, and do we say ‘beware’?

DC:  We don’t’ want to cause an issue and screw things up, just say that there is dis-information. They read everyone the Riot Act last Friday and that has made things quieter;  they have also thrown out some half-truths, and they have let that go on to slow things down, especially when it comes through an MP or Cabinet office.

Tony:  We are not going to discuss specifics so that we don’t get people in trouble.

Caller:  So all we have to concern ourselves with is the ‘good idea theory’, right?  [DC:  Yes.]  I’ve been listening three times per week for two years, and that makes about 600 hours.  I would suggest people get some perspective, and offer a penny an hour, which makes $6 x 25K = $150,000.  Go to www.tntdinar.com and donate $6, and then they will be rich!

Tony:  We have 30K or more per call, and 1.3 million within 24 hours, and it’s still the same thousand people supporting the TNT site.  We have this person in Sacramento at the Kings games who shows up with all these great signs. The good question lady is here now.

404 caller:  On the last call, there was discussion of exchanges scheduled over the weekend. Who requested and granted the administrative hold?  How long for?  What impact does this have on Iraq itself and its liquidity?

DC:  These questions answer thousands of people’s questions.  Bottom line, it was held off by the IMF+BIS in conjunction with Abadi and Shabibi.  Other ministers were not notified and it caused a lot of surprise and frustration worldwide.  The Iraqis were told it would be this weekend, their friends and family have received money, and they are very very frustrated.   The Iraqi banks had some issues and they are back on board to get this done with coordination with the CBI, BIS and IMF.

I have a fun question to ask those history buffs, and I will buy dinner for the first who asks it by phone or email.  This is something we are all going to need to watch for.  In Egypt, there was a king who passed out gold coins and upset the Egyptian economy for ten years.  What country was he from and where was he going to.

703 caller:  The King of Persia?

DC:  He was coming from Africa going towards the Middle East.

Tony:  Was it Ptolemy?  Someone texted that to me;  is that person the first?

DC:  Yes, that’s it.

Caller:  There is news all over, and some of it doesn’t make sense to me.  Shabibi was apparently in Kuwait meeting the IMF.  Is there any truth to Iraq being part of the SDR?

DC:  Yes, but we don’t know how much. SDR are Special Drawing Rates, which would be a weighted average of the  major currencies, in order to reduce volatility.  The US dollar is included in that.  There is a pull to the Asian Infrastructure Investment Bank. The US economy has a natural advantage because people talk in dollars, just like English a natural language in business.  Some of our Fed and governmental policies on how to handle money has been upsetting to many investors, especially in 2008.  They don’t want that to happen again, so they are using this as a club.

Caller:  Is that the reason it didn’t go at the weekend?

DC:  No.  There is already an SDR out there, it’s just a matter of how much play it gets.  Some people want oil to be priced in SDR;  so long as oil it traded in dollars, there will continue to be issues.  Some want to price oil in their own currency, but right now it is still indexed in dollars.  I am squarely in that camp. Until you replace oil, it will still be in dollars, like it or not.

Caller:  You said Abadi be here in the US on Friday;  will the RV be announced if Abadi is out of the country??

DC:  I heard it would be early next week.

Tony:  Persian to Macedonia?

DC:  That was a different financial deal.  The King’s name starts with a C.  Ptolemy did affect Egypt, but this guy was going through Egypt towards Mecca, and he caused hyper-inflation and massive disruption.  His example was used in GCR discussions.

Tony:  Does it make sense that Iraq will do this before the 50 dinar note runs out on 15th April in the US?

DC: They would like to do it before then but it’s not that big of a concern.  It’s not a crisis point in the deal, they are simply retired a note that lacks security and is easily forged.  They have removed almost all of them already.  It’s not a big deal in Iraq.

Tony:  It’s not a big deal here, either, just you might want to exchange them for valid notes before the 15th.

405 caller:  So what is holding this up?

DC:  It’s a matter of coordinating between the IMF, BIS and the CBI, and Dr. Abadi.

719 caller:  Tony, I’m glad to know you were just missing DC, whining and crying…

Tony:  I had no one to pick on!  Pam and Ray won’t talk to me!

Caller:  Interesting they are considering early exchanges, and your list includes TNT members and those who have donated… so people need to get donating!

Tony:  That is not the purpose of that list.  I was saying that I know where they can get 14-15K per day really quickly!  [DC:  And I told him not to say that.[ Some idiot out there is twisting it into something else.

Caller:  So if Abadi is telling everyone this is about to happen, to calm this down, then who got them to delay it?

DC:  Dr Shabibi.

Caller: So if they intend to do it by the weekend, why do early exchanges?

DC:  to lessen the fiscal impact, because everyone is frustrated, and they don’t know for sure when it will be released.  They are on alert until the 15th.  They have locked every-body in gear, so why not start this process ahead, like in certain areas of Iraq?  That would also ease certain issues in Iraq.

Caller: Those paying attention are prepared, and the banks can get them through quickly.

DC:  Yes, and they always intended to start slowly and then crank it up through internet sources like us.  It’s not like they are gong to announce it on CNN…

Caller:  I know it’s not anyone’s fault, but can you imagine how frustrated the Iraqis are;  why haven’t they  been rioting?  Shame on the IMF and BIS for making Abadi look bad.

DC:  There has been some of that but we’re not supposed to talk about it.  It’s not all on the IMF and BIS.  They could have forced it through, lots of blame to go around.

Caller:  If everyone could donate one dollar, that would be such a help.  [Appreciation]

Tony:  Introduce the Kuguran?

DC:  Yes, but they didn’t go through Egypt.  They had similar issues, but…

Tony:  Whoever sent me the chocolate macadamia nuts from Hawaii, I need more

281 caller:  Does the IMF budget thing have anything to do with this?

DC:  No.

732 caller:  Is this about Caesarian, the king of kings?

DC: There is a famous saying that is close to that, and that is good enough for a drink. [King Croesus 595 - 546 BC of Lydia, dispensed gold coins throughout Egypt on his way to Persia.]

Caller:  Hopefully we will be celebrating on Friday – I’ll take you guys out to dinner.

310 caller:  When this happens, will you go to a private banker or go to the bank yourself?

DC:  I will do both.  I’ll get in line as quickly as possible to get the contract rates, then shop it around really quickly.  We will have to sign NDAs to make sure everyone is comfortable with Tony and me. We’ll exchange as quickly as possible at the highest rate possible.

Tony:  We will be restricted by the NDA, but the banks say they want competition, so oblige them by interviewing them like they would interview you.  Give them a chance!

Caller:  They will be removing three zeroes from the 25K notes?

DC: They have already removed most of those notes, so there are not much left. They will remove them after the RV, because one 25K will be worth around $100,000, not much use in daily commerce.  In 2016, they will retire those notes altogether.

617 caller:  If someone received a 50 dinar note as a gift, how would they exchange that?

DC:  Talk to whomever gave it to you, that dealer or bank, and see if they will take it back and exchange it for other notes.

Caller:  You said they might start early releases today?

DC:  They would like to.

Caller:  If I find those chocolate macadamia nuts, where do I send them?

Tony:   9580 Oak Ave Parkway, #7269, Folsom CA 95630.

DC:  Do NOT call the banks!  They do not have the list yet, nor the Go signal, nor the authorization to do this yet.  If a lot of people call, there will be issues. It’s important to let this play out.  If we are allowed to do this, we will let you know.

Tony:  If their list opens up to us, we will have a call and let you know.  We are just letting you know that they are trying to get more people through, and they have pretty much run out of VIPs.  All of Dinarland is only 250,000 people.  If they do 14K per day, it has to include some of us.

301 caller:  At what point do we change our numbers?  And will the dong still be alive?

DC:  If you have any personal information online, change that. Be security conscious.

Tony:  What??  There is no problem with the dinar, dong, zim or rupiah.  No problems.

972 caller:  About contract rates…  what are the steps to get those, including the minimum currency to get an appointment and/or meet with a wealth manager?  Are the contract rates set at the exchange appointment or the one with the wealth manager?

DC:  We know there is a pool reserved for the general public. We don’t know how quickly we will go through that pool – we estimate 2-5 day maximum time for those contract rates to be out there.  Each bank has a different policy for contract rates.  Some have ‘first come, first served’, whatever amount.  However, there is a cap of 20 million dinar, and after that you will exchange at international rates.  Some banks will only offer contract rates to those with a long relationship, or those who have been educated as to what to look for.  They are looking for those who are dressed and speak appropriately, people they can work with, not those who will spend, spend, spend.  Yet another bank will only handle contract rates at a few locations, so they can control it.  It will only last a few days.  So the appointment depends on which bank you’re at.  Also at one bank there IS not minimum – it’s first come, first served up to 20 million dinar. The other banks are trying to figure this out;  I’ve heard 500K, one million and five million dinar. The other banks we just don’t know.

Caller: So we might not have to wait for the wealth manager at some banks.  [DC:  Yes.]

410 caller:  I’m a little confused with the early exchange process you are talking about;  will they stop that or just let it go on.

DC:  It’s not really a time limit, it’s an amount they want to get some done while we are waiting, using their staff and reducing the impact.

301 caller:  Are the caps still in place?  Have the rates been adjusted upwards?

DC: The rates are more or less the same as before, and so are the caps.

Okay.  We have at least four people who answered that question and got it right.

Pam: I agree with Tony – you should take them all!

DC:  It was King Croesus, as in ‘rich as Croesus’;  he was on his way to Persia and stopped in Egypt on the way.  It shows how disruptive dinar can be.  Many have been worried, and they have been discussing if that will cause inflation or hyperinflation. This king just threw out thousands of gold coins, more than many people earned in a lifetime. It disrupted the economy, family lives, and caused other social issues.  It’s the same mentality today.  Human nature hasn’t changed, and you have to handle this with care.  Just because someone is paying millions for a house doesn’t mean you should as well. Be cautious with your money because it can disrupt a lot of lives if you don’t.

They are getting ready to release this in Iraq tomorrow after a pause. The US banking system is highly frustrated, and they may allow through some early exchanges. DO NOT CALL THE BANK.  If they do let through 14-15K people per day, I support that because it will include a lot of us.  That will also lessen the impact on the economy.

Tony: Someone sent me that name and the saying. They put it on Twitter, so we may need to go to two dinners!

Pam:  I have a few others who got this, and we should notice the time people sent them in.  We have this covered.  Please do NOT send me emails with your email address or phone numbers. We already have the email addresses of those who have donated.  If Tony wants that information, he will ask for it.

DavidM said that there are frontmen and roadies, and both are important.  Daz said that it’s the roadies that run the show.  Thanks to Sunnygal and all our transcribers, and IdahoUSA who handles our banners.  Thanks also to Zebragirl who does the Verbatim transcription that is available to members and nonmembers.  Thanks to Daz and our other Mods and guest mods.  One of our longtime members Dakotaman lost his mother recently, and our prayers are with him.

Ray:  So this is Wealth-of-Information Wednesday.  DC, next time you want to run a contest, tell them how to contact you directly!

Tony:  Thank you, it’s a great day with great information.  We did not call and give you the 800 number, but when they issue those, we will. Things are moving.  Someone on Twitter just posted that the bank contacted them and they have an appointment for tomorrow.  This is getting more visible for everyone to see.  Not everyone is under the NDA, and you’re going to get excited.  DO NOT text, email or call the banks;  they have their own system, so let them operate it.  If you have an early appointment, more power to you, and we will follow you that much sooner. In Iraq, they were supposed to get approval at noon today and we don’t know yet if they have that.  We are here to support them and you, and to make it as easy as we can for you so you know what is going on.  If we have to make another call, we will.  If something look crazy to you, remember about the first mouse.  Have a great day and I hope we will be able to tweet something out later.