,
DINARESGURUS.BLOGSPOT.COM_________________

Monday, December 15, 2014

S3A CHAT MORE UPDATE, 15 DEC

Stage3Alpha

Sqwatchy December 15, 2014 at 5:48pm REMINDER: NEW ZIMBABWE COINS ARE SET TO START CIRCULATION ON DECEMBER 18, 2014.  1:1 WITH THE USD COINS. GREAT TIMING FOR A NOTE RE-INSTATEMENT....BEFORE THURSDAY.

Sqwatchy December 15, 2014 at 5:40pm CHINA DUMPED $13.6 BILLION OF U.S TREASURIES IN OCTOBER.  NOW HOLDS $1.25 TRILLION.  20 MONTH LOW!

Sqwatchy December 15, 2014 at 5:24pm Russia SURPRISE CENTRAL BANK MOVE:   RAISES KEY INTEREST RATE TO 17% FROM 10.5%
....
**********

Dee December 15, 2014 at 4:43pm Just got this…..Copied From Twitter: @JCR3758: The final reading of the 2015 Budget is scheduled for Tues. It should have the new rate. So the question is does it have to RV before? Hmmm

Don > Dee December 15, 2014 at 4:56pm Can't open Budget and use it unless there is a LIVE rate, so my answer is YES

**********

Guesses to Exogens NEW Picture Clues/Intel:


 G T December 15, 2014 at 5:08pm OK.....

We have the Parallel Budgets in Iraq & US

We're in THE FINAL COUnTDOWN on MINUTE BY MINUTE WATCH

Their Supposed to present the 2015 Budget in Iraq (from what information I HAVE isn't Required for this RV to go PUBLIC because we DON'T HAVE A PUBLIC VALUE for Trading The Dinar Yet)!!!

From the Notes I Read from Tony's Call the UST held up the Public Release Last Night/this Morning for & 3 LAWS that needed to be completed......Did I Read this right because from my History Lessons the UST has NO AUTHORITY To PULL THAT BIG BOY MOVE (but Tony & DC's INTEL Says Between NOW & 24 Hours)!!!

I Guess their TRULY IS.....NO RULES!!

But if this is RV/GCRs Scheduled to To go Public (AND DOES SO) in the Next 12-24 Hours......I can CARE LESS WHO'S RIGHT/WHO'S WRONG or Which Guru get's the Credit!!!

***********

Troy December 15, 2014 at 6:59pm Folks! Folks! Folks! Iraq already has a rate! It's just not public yet? Where do you all think the $3.58 comes from? It was seen on several admin hold banks screens as well as oil trade deals and so forth. When this goes down in history, beware of what date is used as the official RV, but who will care when we are out saving the world.  The big time crooks were even exposed to the new rate, which got alot of them caught up doing dirt with the new rate info.  Hmmmmmm

**********

wilbur grodan December 15, 2014 at 8:09pm USA TUESDAY PREMARKET now looks promising......Watch out for FALLING OBJECTS

Sem December 15, 2014 at 8:00pm Just received even more great news.  Keep on Keeping On

R.V. / GCR > Sem December 15, 2014 at 8:18pm Liquidity may start tonight

Sem > R.V. / GCR December 15, 2014 at 8:23pm follow the money

**********

MONDAY AFTERNOON QUESTION........Posted by EXOGEN on December 15, 2014 at 4:13pm

DO YOU THINK THE UNITED STATES ADMINISTRATION IS CURRENTLY WORKING ON A NEW FOREIGN CURRENCY TAX THAT WILL BE IMPLEMENTED IN 2015???

TOOTHLESS CRACKHEAD  Why do you think [O] wants this to happen after the first of the year, I have been saying this for eight months now, and you think they did not do something on the tax laws in Jan. 2014 or let you know the full paper work on 13303, So they are covering themselves on the taxes from when they exchanged in Nov. 2013 and who knows what else. There's always a scumbag move with the PTB.

Donna Of course.  What do you think the hold up has been all this time?

BlueEyedGoddess   Simple. Anyone exchanging after a specified date will pay x% taxes. Excludes Congressional bastards and we are caught in that funnel.

Dr. Mark  I will be amazed at what the taxes will be since, from what we have been told, that many in Congress/Senate have made large amounts of money from this event.  Not sure how hip they will be on paying large percentages of their money to taxes.  Just an opinion....

Toothed Crackhead > Dr. Mark Thats the point  - they wont have to pay the extra taxes that are levied for  2015.  They get the lower taxes  - it is  us that would suffer.

D.K.C. I don't think anyone knows what the tax rates will be yet...that's why so many Intel Providers say to save 50% for whatever taxes they are going to throw at us......or more......unless of course there really is a Republic that will abolish the IRS and implement a fair tax......but I sure  don't see any concrete proof of that happening...so prepare for the worst and hope for the best!  IMO   But the current government are many blood-sucking parasites who want to bleed us dry so we should all BEWARE

**********

EXOGEN December 15, 2014

1. WHAT ARE THE ADVANTAGES AND DISADVANTAGES OF A NON INTEREST BEARING ACCOUNT?

2. WHAT IS THE DIFFERENCE BETWEEN A MULTIPLE CURRENCY ACCOUNT AND A MULTI CURRENCY ACCOUNT?

**********

G T > EXOGEN

Multiple Currency Accounts (individual Accounts for each Currency that you own)

Multi-Currency account allows you to hold all Currencies in One Account

Not Every Bank Offers these Type of Accounts
EXOGEN December 15, 2014  ARE CURRENCY EXCHANGES TAXABLE EVENTS??

RSR > EXOGEN My CPA is with BDO and he said that anything above $200 in gain is taxable.

RWare > EXOGEN this guy says yes

beezil > EXOGEN exchanges are not currently taxable... per my tax attorney. They certify my federal payroll by the way.

beezil > The key is... have your team in place to properly guide you through the items that could become issues later. You will have plenty of money to do so.  This includes your attorney, accountants, and wealth management and advisors.  Pick them as if you were picking an all start team.  they will be yours!!

Kilo15 > EXOGEN The purchase of the foreign currency is not taxable transaction.

The sale transaction is reported on the schedule D - http://www.irs.gov/pub/irs-pdf/f1040sd.pdf

If you held the foreign currency more than a year - the gain will be taxed at reduced rate - not more than 15%.

If you held the currency less than a year - the gain will be taxed at your regular tax rate.

State taxes are extra.

Read more:   http://www.justanswer.com/tax/2tzwy-bought-foreign-currency-low-rate-exchanged.html#ixzz3M0X6t3dk

**********

Kudu70  I had heard they were working on that for 2015.   Part of the reason for dragging this out.  Let the F&F, groups and Internet groups through, then tax the public more.  my guess

BaNDiTo.RoX > Kudu70  BINGO... Your right up to the point of F&F and the rest... Everyone will get taxed if it drags into 2015 because of the new Taxes and IMO no one has exchanged yet and IMO...

EXOGEN > Kudu70 BUY SELL AGREEMENTS ARE DIFFERENT FROM CURRENCY EXCHANGES, MAKE SURE YOU UNDERSTAND THE FINCEN FORMS.................  WWW.FINCEN.GOV

Olewiseone > EXOGEN What exactly is a buy sell agreement? how does it work? Is it something we can consider?

beezil > Olewiseone a buy sell agreement is a contract... that would make this a taxable event with a net profit..... which would be taxed.

beezil > BaNDiTo.RoX friends and family were more than likely structured in a buy sell agreement... or contract.  which means there is a net profit which would be taxed. i agreed with you Bandito. no one has EXCHANGED.

Coffeeone > BaNDiTo.RoX They have probably taxed those involved in buy-sell agreements.

**********

cal56 > EXOGEN December 15, 2014

http://www.irs.gov/Individuals/International-Taxpayers/Yearly-Avera...

 Yearly Average Currency Exchange Rates

Translating foreign currency into U.S. dollars


You must express the amounts you report on your U.S. tax return in U.S. dollars. Therefore, you must translate foreign currency into U.S. dollars if you receive income or pay expenses in a foreign currency. The only exception relates to some qualified business units (QBUs), which are generally allowed to use the currency of a foreign country.

Note: Payments of U.S. tax must be remitted to the U.S. Internal Revenue Service (IRS) in U.S. dollars.

Currency exchange rates

The Internal Revenue Service has no official exchange rate. Generally, it accepts any posted exchange rate that is used consistently.

When valuing currency of a foreign country that uses multiple exchange rates, use the rate that applies to your specific facts and circumstances. For example, if you have a single transaction such as the sale of a business that occurred on a single day, use the exchange rate for that day. However, if you receive income evenly throughout the tax year, you may translate the foreign currency to U.S. dollars using the yearly average currency exchange rate for the tax year.

Note: The exchange rates referenced on this page do not apply when making payments of U.S. taxes to the IRS.  If the IRS receives U.S. tax payments in a foreign currency, the exchange rate used by the IRS to convert the foreign currency into U.S. dollars is based on the date the foreign currency is converted to U.S. dollars by the bank processing the payment, not the date the foreign currency payment is received by the IRS.

Yearly average currency exchange rates

For additional exchange rates, refer to Foreign Currency and Currency Exchange Rates.

To convert from foreign currency to U.S. dollars, divide the foreign currency amount by the applicable yearly average exchange rate in the table below. To convert from U.S. dollars to foreign currency, multiply the U.S. dollar amount by the applicable yearly average exchange rate in the table below.

MILLIONDAY UPDATE, 15 DEC

12-15-14 Millionday: Report quote: "Hashimi demanded economic academic Dr. Majid Baidhani strengthening the peg to a basket of world currencies to distract the global financial crisis effects and the fluctuation of the dollar exchange rate in the economy of Iraq."

THIS IS THE CALL TO CALCULATE THE DINAR EXCHANGE RATE FOR THE INTERNATIONAL CURRENCY RATES AND TRADE OF COURSE.   THE CALCULATION WILL BE DONE TO THE BASKET OF CURRENCIES INSTEAD OF JUST THE DOLLAR DUE TO THE CHANGES THAT THE US DOLLAR IS INCURRING.

THEY ARE STATING THAT THE CHANGES THAT HAPPEN AND CREATE AN UNSURE BALANCE COME FROM JUST BEING PAIRED TO THE US DOLLAR SO THEY WANT TO USE THE SDR BASKET SO IT IS MORE SECURE IN ITS RATE AND HELD AS WELL.

THE CALL HAS BEEN MADE FOR THE LEGISLATION TO GO GLOBAL WITH THE DINAR RATE INTERNATIONALLY AND THE LEGISLATION TO ENTER GLOBAL SYSTEM STRUCTURE.  WHOOOPOW!

[...if they wouldn’t be releasing the rate soon after establishing a rate, why bother calculating it? Right?RIGHT -- THE REASON LISTED HERE IS TO MOVE FORWARD WITH CONTRACTS WHICH ARE DOMESTIC AND INTERNATIONAL -- THEY ARE TALKING GLOBAL SO WE WILL WAIT TO SEE ACTION.

R.V / GCR & SEM TIDBITS, 15 DEC

Rv/gcr:We have confirmation now on the pp`s now lets see Robert Wan Treasury Rep and the Admiral sign the treaty of 209 and see the pending removed from the GLOBAL PAY ACCOUNT

Sem:I am not an intel provider and never started out to be.  I can tell you with certainty, money is trickling down to the appropriate parties.  I can tell you the main parties will be liquid tomorrow ( unless, whatever) and I can tell you with confirmation that smaller Paymasters  dealing with Settlements have received FUNDS tonight.
Everyone can continue to fight with each other tonight about who is right and wrong.  I can tell you EXO has been right and I can tell you TNT has been right.
I am not here to make everyone feel great as I am here to earn my return on investment.  Everyone should be doing the same.  After that, decide the good your will do with the profit.
No green pigs flying, not UFO's just look at your return ROI and then worry about the rest.
SEM

SQWATCHY POST, 15 DEC

Sqwatchy:REMINDER: NEW ZIMBABWE COINS ARE SET TO START CIRCULATION ON DECEMBER 18, 2014.  1:1 WITH THE USD COINS. GREAT TIMING FOR A NOTE RE-INSTATEMENT....BEFORE THURSDAY.

HEDGE FUNDS ARE JUST STARTING TO GET THE "GOLD BUG".  GOING LONG!

DC, WILDDUCK & JCR3758 TIDBITS, 15. DEC

12-15-14 DC: Everyone is in place to do what they need to do. At the last minute, the UST asked for a few more things to be put in place. Once those are done, they will release this.

Most think it will be released immediately, some think it will wait overnight. Everyone is planning to get this done immediately, and we have heard only positive information over the weekend.

Abadi has made speeches saying the economic reform is being completed, and although he and his team are in UAE right now, they can fly home on a moment’s notice. Our team is also ready, all in the same room, on the same page. Everyone across the world is now expecting this. Comment 

12-15-14 WILDDUCK: NO MAGIC NO ILLUSION. JUST PROGRESS AND TIMING ON THE WORLD'S BIGGEST EVENT.

THEY CANNOT GO DOWN TO BARNES AND NOBLE AND PICK UP A COPY OF GLOBAL CURRENCY RESET FOR DUMMIES.

SO THIS MUST PROGRESS BASED ON REAL WORLD EVENTS AS THEY UNFOLD.

WE ARE IN A GOOD PLACE THIS MORNING. MAYBE NOT THE PLACE BUT WAY BETTER THEN LAST YEAR. PATIENCE IS A GOOD THING.

THERE IS ONLY ONE CHANCE TO GET THIS RIGHT THE FIRST TIME. Comment

12-15-14 JC @JCR3758: Delayed again, stopped by UST on 3 minor issues. May go later today or Tuesday. I discussed those issues over the weekend. HCL, Amnesty Law and Judicial Reform Bill. That is not a delay from UST. Not new news.

KTFA CHAT UPDATE, 15 DEC

KTFA:

backdoc :   IMO

ITS TIME FOR IRAQ TO GET LONELY !

CONTRACTS!,CONTRACTS!,CONTRACTS! WILL BE USED TO DIVERSIFY THEIR REVENUE STREAM!

STAY LONELY MY FRIENDS!

***********

Frank26: 
 Yes BACKDOC and the beauty is that a mountain of CONTRATS are done. Even the LAWS to protect them and their owners!!!

Fine Fine LOL........ IMO !!!

KTFA,   Frank... Qt: why is 2015 budget set at 70/ barrel when cost is far below THAT PRICE RIGHT NOW? M's CC !


**********

moneytalks1 :Hi Frank,  I have a funny feeling that the CBI and PTB are waiting on a .90 u.s dollar. That will will be the trigger for the release imo. IN dec. OF THIS YEAR..

**********

Frank26:  I agree but in the opposite direction ........ IMO ....... The USD use it's brakes and waits for ..... Well You know what.

Many things do......... IMO.   KTFA,    Frank

***********

backdoc » December 15th, 2014, 5:18 pm   IMO

I LOVE THE INTERVIEW TODAY WITH BILL GROSS "THE BOND KING”.

HE SAID, “ OIL DETERMINES CURRENCY MOVEMENTS, CURRENCY MOVEMENTS DETERMINE THE SPREAD MARKETS, RISK MARKETS, HIGH YIELD MARKETS, THE POTENTIAL FOR BANKRUPTCY OR SOLVENCY NOT ONLY WITH COMPANIES BUT COUNTRIES !

ONCE YOU HAVE A MAJOR COMMODITY LIKE OIL THAT AFFECTS NOT JUST THE REAL ECONOMY BUT THE FINANCIAL ECONOMY IN MOTION LIKE IT HAS BEEN MOVING DOWN RAPIDLY THEN FINANCIAL MARKETS TRY TO RE-ADJUST”!

IF YOU HAD ANY DOUBTS THAT OIL IN FREE FALL CAN BE AN ISOLATED INCIDENT, THINK AGAIN!

SO JUST AS BILL SAYS, OIL AFFECTS CURRENCY MOVEMENTS. GOSH DO YOU THINK OZ HAS A CURRENCY MOVEMENT PLAN? MMMMM

CURRENCY MOVEMENTS THEN AFFECT THE SPREAD RATES THAT BANKS ARE CHARGED OR CHARGE! MMMMM

NEXT, ARE THE RISK MARKETS, MMMMM OHH, WELL THAT’S THE STOCK MARKET!

THEN WE GO TO THE HIGH YIELD MARKET, AHHH THE BOND MARKET! FOR GOODNESS SAKES, WHAT HIGH YIELD? WE ARE SEEING THE BOND YIELDS SHRINK! COULD THAT BE PARTLY WHY THE BOND KING WANTED TO LEAVE PIMCO IN AN ABRUPT MANNER? MMMM

AS EQUITY HOLDERS FLEE THE STOCK MARKET FOR SECURITY IN THE BOND MARKET, ARE THEY HEADED FOR A TRAP? MMMMM

WITH BOND YIELD CURVES FLATTENING OUT DUE TO THE SHRINKING OF YIELD, WHEN WILL THE BIG PLAYERS BEGIN TO EXIT THE BONDS?

A FEW MONTHS BACK THE FED. ANNOUNCED THAT THE MAY CHARGE PENALTY FEES IF TOO MANY WANT TO SELL THEIR BONDS! MMMM

THE OIL CURRENCY WAR IS BEING ORCHESTRATED LIKE A SYMPHONY! FIRST THE BRASS PLAY, THEN THE STRINGS, THEN THE WOODWINDS.

HIS FINAL STATEMENT IS THAT MARKETS TRY TO ADJUST!!

ONE IS THE LONELIEST NUMBER !

STAY LONELY MY FRIENDS, DOC

***********

backdoc » December 15th, 2014, 5:27 pm 

Quote: “Frank... Qt: why is 2015 budget set at 70/ barrel when cost is far below THAT PRICE RIGHT NOW? M's CC “

MY LAST POST IS THE BEGINNING OF THE ANSWER FRANKIE !!! LOL

POPPY3 TIDBIT, 15 DEC

Poppy3 : I have never wavered from my research and what the powers that be have stated the rate that was approved and even though they have had many new meetings with the IMF not one CBI or IMF official has ever stated a different rate.

 In Oct. 2010 the IMF web site stated they had approved a new rate on DINAR of $3.22 plus up to 20% more for inflation since the war started.

That means up to $3.86 at the highest.

Dr. Shabibi whom never lied to us about anything stated they wanted to have a median flat rate they can manage for 24 to 36 months while they further grow their economy before going to a float.

S3A CHAT UPDATE, 15 DEC

RV/GCR:they are trying to push it out to the 18th right now.

Exogen:Abadi's office confirms that the budget will be presented at a hearing next Tuesday

Posted by BaNDiTo.RoX on December 15, 2014 at 3:48pm
12/15/2014 12:01
Tomorrow Press / Baghdad: spokesman of Prime Minister Saad al-Sabri, on Monday, the committee in charge of preparing the budget on the verge of finalizing its work and will present the budget in the next Cabinet meeting, noting that in any case, The Council of Ministers will not delay in sending the budget to parliament more than two meetings.
A newborn for "tomorrow Press", "The agenda Cabinet meeting of business on Tuesday did not specify the date, but the committee charged with preparing the general budget is nearing completion of its work during the day and will present its report at the next meeting, but not necessarily that the budget would be passed during the session Tuesday ".
"Maybe there are proposals will be addressed during the meeting, but the Council of Ministers is committed to send the budget to the House of Representatives before the end of this year, that is to say before the government deadline of two weeks," noting that "in any case, The Council of Ministers will not delay in sending the budget to parliament more than two."
And on the Prime Minister's visit to the UAE, Sabri pointed out that "Abadi left today to the UAE will continue to visit for one day and comes in response to an official invitation by UAE Foreign Minister for Ebadi at his recent visit to Baghdad."
He said a spokesman for Prime Minister's Office that "the visit is to promote bilateral relations and to promote Alaguetsaa, commercial and investment cooperation, as well as assist in the elimination of Iraq Daash intellectually, financially and militarily."
It is noteworthy that the state budget for the current year has not yet recognize ago that sent the government for nearly eight months to former House were not included on the agenda, while procrastinated previous Presidency for inclusion due to the lack of them political blocs agreement, nor that harassment continues while people wait for things to material related thereto, as well as the stalled projects.

Lucky12:I have a bank story from over a week ago. I was in Florida and went into a Wells Fargo and sat down with a banker/loan officer to discuss a loan to consolidate debt. After we talked and ran numbers I brought up the foreign currencies. He stated Wells Fargo would not handle the dinar. I said, "you guys are the lead bank, I am pretty sure you will." Then I went on to say how I got involved and that I thought it would be happening very soon and that I was excited about it.
He said, "I hope so... I am sitting on a boat load of it myself." I of course heard a symphony of angels singing that he didn't hear.
I have asked bankers about 8 times over the course of 4 years and this was my first confirmation that some of them are involved themselves.
:) Feel free to re-post all over the planet, I don't think it will hurt anything. :)

Don Allen:
@JCR3758 delayed again, stopped by UST on 3 minor issues. May go later today or Tuesday - 15 Dec

Mr. ChenWell based on the TNT CC notes provided by Sunny from TNT forum It looks like I was 90% right on the intel that was going to be given on the call today.  
Yay for me!!!! I would like to first thank Bandito for providing all documents that helped me come up with what little intel I actually did put in there which was the portion of Abadi going on TV and making an announcement. Bandito had brought over that intel from Delta who resides in Iraq and is on Frank26's forum. So big thanks to Delta and Frank26 for it.The rest of it was just purely based off previous cliff notes on the call by Adept1 and Sunny from previous TNT calls.
Now as for the UST part making new laws I don't know about that BS.  I never heard of the UST making new laws by themselves like this hmmmm.  But I will say this, there is a new law trying to be approved, and it has to do with taxation on this currency exchange. This is the biggest reason why the RV is trying to be pushed until after the 1st of January. If you can't figure out who is pushing it by now then you need to put on your thinking cap.The government wants to double dip on this exchange. Not only are the politicians and gov officials as well as the UST and Fed going to benefit off of this once by the amount of dinar and dong and other currencies they have that is going to RV, they are also trying to get taxes off the groups and dinar holders that have already been paid. They also want to tax all dinar holders and foreign currency holders that exchange later when it goes public regardless of a NDA or international rate. 

SUNNY POST FROM TNT : TONY'S CLIFF NOTES, 15 DEC

Highlights of Tony's CC and will update as the call progresses - Sunny

T:  Good news!  I think we are still in the window.
DC said there was" little difference" between last Friday and today.
Tony said a “significant agreement was made in Iraq over the weekend.”  The guys gave no further explanation as to what the agreement is

DC:  Tony, how prepared are you for this to go through?  How competent about what is going on right now?  What are your true feelings?

Tony:   Based on everything we have and all windows and what I just got, I’m feeling, really, really good.  Up to a 90% chance it could actually happen.  A lot of things moving around . . . A big event over the weekend that will push this forward.  Abadhi started saying on Sat, “we are doing economic reforms now.  I’m back to feeling really good.  

Tony:  DC, If it was to happen, what time? 

 DC:  I’m on the . . . as soon as Iraq does it . . .once the compliance issues done . . . then it’s go! 
DC said the majority of their sources think the roll out will begin as soon as issues solved and others think it will be in the morning.

IRAQ:  Teams from all over the world, that were there before the weekend, are still in Iraq working to get this done.
  • Abadhi is in United Arab Emeratis which is only a few hours away by airplane.  Started announcing on Saturday and throughout the weekend, that economic reforms are happening.  
  • Twitter/TV sent similar message. 
  • CBI  giving out same message
Over the weekend some issues came up.  The guys heard from 3 different contacts and they all said there were three issues but used different terminology to describe.  One said it was regulations, another said laws and another said it was compliance issues.  Anyway, one was taken care of last night and the others are expected to be completed most any time.  They were working on it as the call began.

UNITED STATES
  • UST was behind the three issues
  • Banks all levels have been put on notice.
  • EXCHANGE for International rate in foreign country by US citizen:  Not likely!  
  • Contract Rate:  DC assumes the military will have an opportunity to get the contract rate.
  • USA Exchanges stopped as of Thursday morning.  Only one bank was exchanging all 4 currencies:  ZIM, Dinar, Dong, Rupiah.
CLOSING STATEMENTS:

DC:   So bottom line, everyone in place to do what they needed to do.  Last minute US asked for more laws, regulations , compliance issues.  . . . The majority of us believe it will (go) immediately after and others overnight.  . . .Everybody still planning to get this done immediately.   Heard nothing but positive info over the weekend. . . Abadhi scheduled to come home once they are ready to get this done.  Everybody across the world expecting it.

Pam:  No statement – she was missing in action – probably getting something at the drive up window again.  LOL!

Ray:  We’re in the money.  Continue to enjoy this marvelous, meaningful Monday.

Tony:    You heard it all.  Waiting for it. . .   Only three issues worded three different ways.  . . . everybody playing nice, everybody saying they are going for it.  Significant things over the weekend . . . last little push to get this over the edge. 
Tony:  You agree DC?    DC: – I’d say so. 
Tony:   Most people saying it’s still on track to happen. (for Christmas).  Enjoy the rest of your day.  Thanks everybody.
Caller:  This is a big window they are keeping us in.  Must be a bay window!
Only an hour call today.   Enjoy - Sunny

TNT CCNOTES, 15 DEC

TNT Call notes 15-Dec-2014

Tony:  Good morning, TNT!  Today is Monday, December 15, 2014.  I’m sorry we were late this morning.  A lot of people were having issues with the links, that they don’t work, but 8,000 have figured out how to make it work on this link!  It’s all Pam’s fault because she was talking to me and doing things…
Good news.  We are still in the window. Let’s see what DC says. I’m sending him a little Christmas present now.  Read the text before you start!
DC:  It’s a gorgeous day here in Texas. There is little difference between Friday and Monday, so this won’t take long. Everyone is still exactly where they need to be in-country, with all the teams still there helping. Abadi, CBI and other politicians are saying they are doing the economic reform now, and tweets put that out over the weekend. The same is being put on out on radio and television – go to X to find the latest information.  That’s what is happening in Iraq.  The latest information we have is that three items came up at the last minute (on Sunday we found out about that) that the UST wanted.  All very credible sources in and outside Iraq said that three banking laws needed to be finished up before they could announce the budget and the rate.  Also, three regulations needed to be announced in a public way.  Finally, there were three compliance issues to be announced. Then we heard yesterday that all these should be cleared up today and publically announced.  Nobody is going on vacation until this is done, and the laws, etc., were all pretty minor by everyone’s standards.  So we understand everyone in Iraq is antsy, and they are all ready to get these issues resolved right away.  All except that one of our guys are saying that this will go immediately after the third regulation is implemented;  one said they would wait until that evening.  As of 45 minutes ago, they were on track solving these issues, both Iraqis and teams from other countries.  There was a last minute request by the UST to get those three things done and they are working on all of them, and consensus is that it will go immediately after that.
Tony: There are only three issues. One was dealt with yesterday.  Two are being working on today.  The majority think that immediately after that, this thing will start rolling out. One other group says they like to do things in the morning.  That’s what we are waiting for.  People who work in banks and other places have been notified.  We know there was a significant agreement made in Iraq over the weekend.  We are actually good and just waiting. The text I sent DC said that things are in motion.  Everything is looking positive. All weekend we heard this was going forward.
DC: Abadi gave several speeches over the weekend about the economic reform being in process.  Right now, he is in the United Arab Emirates, and that is just a few hours away from Iraq, so he can pop back easily.  He should be back in Iraq soon anyway. 
559 caller:  I’m expecting a fantastic week.  I know the US has held this up a few times, and over the course of the last three years, you’ve said the average holding is 100K dinar.  At 30%, that would put 650 billion dollars in taxes into the US government by April.  Wouldn’t they like to have that sooner than later?  So wouldn’t they push Iraq to get this done so that they could collect the taxes?
DC:  Yes!  Also, the President is gone into ‘lame duck’ status, plus the Republicans are taking over both houses of Congress. They will have more power over budgets and such if they let this through now, because right now the Democrats still have more negotiation power.  They really would prefer to get those tax receipts in next week than next year.
Caller:  [Appreciation]
832 caller:  I’ve been on hold for 12 hours and 30 minutes, so I’m surprised I am not first!
Tony: That’s just what I would expect a Texan to do.  I’ve got to stop talking about Texas, because one listener at least is not happy with me. 
Caller;  You say they are exchanging all four currencies are being exchanged… dinar, dong, rupiah and Zim?
DC:  We know that one bank was doing all four up to Wednesday night.  The other banks may not be exchanging all four.  There have been no exchanges since Thursday, though.
Caller: DC, do you have Zim?
DC: Yes, I was shamed into buying some – I just don’t like their leader.
Caller:  What would you ask Tony, DC?  Tony, what would you ask CD?
DC:  Tony, what are your true feelings on this going through?  How confident do you feel about what is going on right now?
Tony:  Based on everything we have, all the windows we’ve gone through in the past and what we’ve just got, I’m feeling 90% that it could happen.  (Last time I was down to 25% confidence).  There was obviously a big event over the weekend that is pushing this forward, plus Abadi went on television on Saturday saying this is happening now.  So I am feeling really good, and feeling it might happen in the next 24 hours.
DC:  I’m on the ‘soon as these issues are resolved’, it will happen position. I don’t think they will leave any gap this time. I think this will go.
Caller:  I do have one direct source, and people ask if they are lying to me or misleading me, but he’s not, and I am getting almost the same information.  So thanks!
Tony:  I’ve been picking on Texas so bad, I might have to do an event there!
717 caller:  This must be a bay window, because it’s a big window and they are keeping us at bay.  If we get the international rate (say, $3.58) and the bank gives us a bonus to stay in that bank, is that then taxable?
DC: We still don’t the tax position. Take professional advice. They have made some tax agreements but they haven’t passed the committee yet.
Caller:  So if I have four currencies and not all at exchanging all four…
DC: The big four banks all have their own foreign currency departments, and other banks were outsourced to the old Bank of Ireland.  They had their own system (and six million dinar) so even 5/3 and Compass use the Bank of Ireland system.  When Bank of Ireland started having issues, WF bought their foreign currency system. So now a division of WF runs foreign currency for most banks, and that has access to all four currency.  If your local bank accepts that or not, most banks are outsourcing it to the old Bank of Ireland system.  That should help you decide where to exchange.
Caller:  There was a little bit of negativity in chat this morning.  When I wait, I like to sing songs and change the words.  I have a Christmas song called I Wonder as I Wander… [singing three verses with reference to banks, TNT calls, chat and trusting Tony/DC.]
435 caller:  You said on Friday if there would be somewhere to exchange in Hawaii, but we forgot to ask if there would be contract rates…
DC:  I would assume so because there are a lot of military folks in Hawaii, but that is only my assumption… My friends there are in Honolulu and there will definitely be exchange places there;  I don’t know about the other islands.
718 caller:  [cannot hear this caller]
410 caller:  I’m glad everyone sounds so happy today.
Tony:  In anticipation!
Caller: There is still going to be an 800 number, I’m sure, but you aren’t sure how long that will be up?  But it could be in the middle of the night, right?  How long after that would you notify us about your last call?
Tony: That sounds so sad, doesn’t it?  “The last call…”
Caller:  You guys need to rest and not have to think about doing more calls!
Tony: They wanted people to make appointments two hours after the 800 numbers go out, but it keeps changing.  The exchange centers have skeleton crews, and they would have ot call people in.  It depends on what they want us to do.  I can send out the 800 numbers in two minutes, but I don’t function on longer calls until I’ve had breakfast.  We don’t ‘know how long they will let us keep up our websites after we make the notification, or if we can leave up one site with all the 9800 numbers.  It’s up to DC..
DC:  We will able to hand out at least the 800 numbers, but there will be at least a 30 minute gap.  It will be as low-key as possible.  We still don’t’ know if we will just be doing the 800 numbers or if we will be making further calls to help people out and reduce anxiety.  They have changed the plan so many times, frankly I don’t know at this point. 
864 caller:  [Appreciation]  I am really playing this is it so that we can reach out to the poor, the homeless and veterans so THEY can have a great Christmas.  In SC, there are only two cities with more than 100K people.  I’m in the western part of the state;  will there be currency exchanges there in Greensville?
DC:  I understand that they will – they have the capability of doing it there.
Caller:  Will the 800 numbers just be for the top four banks or all the banks?
DC:  All the banks will use their own 800 numbers – some will use their existing foreign exchange numbers, and others will have actual exchange centers. So some have just reverted dealing with this as normal foreign currency transactions. 
Caller:  Will the  tier 2 banks offer contract rates or just the big four banks?
DC:  All the banks that exchange will have access to the contract rates, I believe.  And all areas will have exchange centers or banks.
407 caller:  You’ve said that people have been exchange dinar and dong since the end of October, here and abroad.  I have dual citizenship – US and Panama.  My husband has dual citizenship, US and Croatia.  My daughter and her husband are also dual citizens of US and other countries.  We speak 3-6 languages at home here in Florida:  Spanish, Italian, Serbo-Croatian, English, and I’m currently teaching them French.  With all the things we go through in this country, I wouldn’t want to live anywhere else.  The more my children travel, the more they appreciate life here in America as well.  My first choice would be to exchange in Panama – do you know if I could exchange there now?
DC:  Only if you were invited specially by a bank.
Caller:  I am willing to travel to do this.  Between us, we might total up to half a billion dollars, and most banks will want to work with us.  In terms of leaving the country, there are limits of how much you can carry on your person.  Right now, we have pretty useless bills…
DC: There are many issues relating to that.  They don’t want people to exchange out of country. T hey prefer for you to exchange in-country for security reasons.  One reason we got rid of thousand dollar bills is because most people don’t need those large bills and they are too easy to transport. You can travel with lots of money, you just have to fill out the paperwork.  IN some countries, you have to have cash, so they want there to be a paper trail to know there is nothing stupid going on.
Caller:  The best thing is to exchange here and wire transfer funds to other countries…
DC:  That is how I do that, especially with the new regulations they put out in  July.  It’s easy, more straightforward and less suspicious if you follow the regs and it is reported to the various agencies.
Caller:  Regarding the possible 50 million dinar/dong limit, we can open up a lot of LLCs and bank accounts. Do we make one phone call and exchange?  Or multiple calls?
DC:  If it’s under 50 million, do it all as one.  If you have more than 50 million, chop it into chunks and make different phone calls for each company.
323 caller:  I feel like I just won the lottery…
DC:  Not yet, but it’s coming!
Caller:  We have an LLC with a number of people, and we’ve all been buying for some years, so it is a bit over 50 million. Should we give a bit back to ourselves?
DC:  I’m not an attorney, but what I’d do is to keep it in 50 million tranches or less. 
Tony:  Put some in a trust, in your person trust, in your kids’ names… wherever you want it to go.
Caller:  Why does everyone like 5/3 bank?
DC:  I don’t know. They have a good rep, but so do many banks.  Lots of people on the East Coast bank with 5/3.
Caller:  When you talk about it going, is that the RV or the full GCR?
DC:  it’s the whole shooting match!
Caller:  When the Iraq war started, I got all interested and read about Iraq.  They said that Saddam Hussein drained the waterways of Iraq.
DC:  Iraq was the cradle of civilization because the ground is fertile between the Tigris and Euphrates rivers. They have dammed and irrigated a large swathe throughout;  even through it’s desert, it’s fertile because the soil hasn’t been used up.  So over the centuries, they have starved towns or areas of water as political tactics.  Saddam did a lot of that, but the waterways are still there, just in need of repair.  The infrastructure projects are about rebuilding water and power generation across Iraq, and the farmers are excited that they will have a lot more usable land than they have now.
Everyone is in place to do what they need to do. At the last minute, the UST asked for a few more things to be put in place.  Once those are done, they will release this.  Most think it will be released immediately, some think it will wait overnight.  Everyone is planning to get this done immediately, and we have heard only positive information over the weekend.  Abadi has made speeches saying the economic reform is being completed, and although he and his team are in UAE right now, they can fly home on a moment’s notice.  Our team is also ready, all in the same room, on the same page.  Everyone across the world is now expecting this.
Ray:  Singing We’re In the Money!  Enjoy this Meaningful Monday.
Tony:  We are looking for this today. There are only three issues; one has been solved, and the other two should be fixed today.  Everyone is playing nice, going for it, with a significant thing happening over the weekend that gave it that last little push over the edge.  That’s it! Enjoy the rest of your day! I’m ready to send out the tweet and do THE call, and most people say this is still happening before Christmas.  If we have to have a call on Wednesday we will, but I am hoping to talk to you before then! 

DC UPDATE : EXCERPTS, 15 DEC

darlini wrote
12m ago
DC: WELL GUYS HOPE EVERYBODY'S DOING WELL TODAY. THE DIFFERENCE BETWEEN FRI AND MON IS VERY LITTLE. TAKE 5 MIN. FROM EAST TO WEST. EVERYONE STILL WHERE THEY NEED TO BE. ANNOUNCEMENTS OVER WEEKEND.
Ween1 wrote
12m ago
DC: WELL GUYS HOPE EVERYBODY DOING WELL NOW DIFFERENCE BETWEEN FRIDAY AND MONDAY SAT SUNDAY EVERYBODY IN COUNTRY ALL TEAMS THERE STILL HAPPENING ABADI FINANCE MINISTER, CBI DOING ECONOMIC REFORM NOW . ON TV RADIO ECONOMIC HAPPENING NOW THAT IS WHAT IS GOING ON IN IRAQ

darlini wrote
11m ago
DC: TWITTER CAMPAIGNS OUT AND ON TV ARE HAPPENING NOW. EVERYBODY IS READY. 3 ITEMS CAME UKP LAST MINUTE SUNDAY AND THOSE WERE DISCRIBED AS 3 LAWS NEEDED FINISHING OF BANKING.

Vintage Sheila wrote
11m ago
DC - SO THAT IS WHAT IS GOING ON NOW. THE LATEST INFO WE HAVE IS THERE WERE THREE ITEMS THAT CAME UP AT THE VERY LAST MIN ON SUNDAY THAT WE FOUND OUT. THE UST WANTED SOMETHING.

Vintage Sheila wrote
10m ago
DC - REGULATIONS HAD TO BE PUBLICLY ANNOUNCED AND SOME COMPLIANCE ISSUES.
Ween1 wrote
10m ago
DC: 3 ITEMS CAME UP VERY LAST MINUTE ON SUNDAY US TEAM WANTS IT LAST MINUTE. ALL VERY CREDIBLE SOURCES ONE WAS 3 LAWS FINISHED BEFORE ANNOUNCE BUDGET AND RATE. 2ND 3 REGULATIONS ANNOUNCED IN SOME WAY 3 COMPIANCES TO DO FOR ANYTHING ELSE

Vintage Sheila wrote
10m ago
DC - YESTERDAY AFT WE WERE TOLD ONE WAS TAKEN CARE OF AND THE OTHER TWO WOULD BE FINISHED UP TODAY.

darlini wrote
10m ago
DC: NO ONE GOING ON VACATION UNTIL THIS IS DONE. ALL MINORS THINGS TO GET DONE.

darlini wrote
9m ago
DC: IRAQ TEAMS ARE ANTSY TO GET THIS DONE. ISSUES BEING SOLVED AS WE SPEAK AND THIS SHOULD GO IMMEDIATELY AFTER THE REGULATIONS ARE IMPLEMENTED. 25 MIN. AGO WORKING ON ISSUE.

Ween1 wrote
8m ago
DC: ALL INFORMATION, REGULATIONS RIGHT ORDERS LAWS, NOT GOING ON VACATION TILL THIS GETS DONE. PRETTY MINOR LET IT GET DONE. REGULATION, COMPLIANCE ISSUES ONCE DONE. ALL IS A SHOT GUN IMMEDIATE AFTER 3RD IS REGULATED. Q THOSE GET SOLVED WORKING ON IT 40MIN DON'T KNOW IT IS SOLVED. COUNTRIES INSTITUTIONS READY TO GO


darlini wrote
7m ago
T: THERE ARE ONLY 3 ISSUES AND COMPLETED. SUPPOSED TO BE DONE AND ANNOUNCED TODAY. MAJORITY OF THE PEOPLE THINK THIS WILL ROLL AS SOON AS COMPLETED. OTHERS WANT TO DO THIS IN MORNING

DINAR GURUS UPDATE, 15 DEC

12-15-2014   Intel/Newshound Guru Poppy3  i have never wavered from my research and what the powers that be have stated the rate that was approved and even though they have had many new meetings with the imf not one cbi or imf official has ever stated a different rate.  In oct 2010 the IMF web site stated they had approved a new rate on DINAR of $3.22 plus up to 20% more for inflation since the war started. That means up to $3.86 at the highest.  Dr Shabibi whom never lied to us about anything stated they wanted to have a median flat rate they can manage for 24 to 36 months while they further grow their economy before going to a float.    

12-15-2014   Newshound Guru sczin11    [From what I've read, the 2% relates to the spread in any 90 day period within a managed float. It has nothing to do with what the initial rate is.]   B I N G O!   AND THE IMF DOCS I HAVE READ, HUNDREDS OF PAGES, CLEARLY STATE IRAQ SHOULD COME BACK WITH THEIR PRE SADAAM RATE OF $3.22, AND POSSIBLE COST OF LIVING ADJUSTMENT OF 20% INCREASE/HIGHER... AND OTHER REPORTS AND ARTICLES CLEARLY STATE THEY SHOULD BE CLOSE TO KUWAIT IF NOT A LITTLE HIGHER, AS THEY SHARE A PIPELINE AND HAVE TO BE BROTHERLY COUNTRIES.

12-15-2014   Newshound Guru OOTW  THE INFORMATION KAP [GURU KAPERONI]  IS TALKING ABOUT IS FROM A PUBLICATION PUT OUT BY THE IMF IN 2006...AND YES I'VE READ IT FOUR TIMES THIS WEEK, IT DOES STATE THAT THE COUNTRY NEEDS TO STICK TO UNDER 2% PARITY FOR A CONSECUTIVE OF 90 DAYS.  THIS DOESN'T MEAN IT DOESN'T STILL HOLD TRUE...WE JUST DON'T KNOW ...EVERY EXCHANGE REGIME AGREED UPON WITH THE IMF IS [DIFFERENT] FOR EVERY COUNTRY.  [how many days has it been since under 2%?]  SINCE NOVEMBER 30.  WE'RE LOOKING AT END OF FEBRUARY IF AND I SAY IF THIS IS TRUE.

12-14-2014   Newshound Guru sczin11  
  WHAT WE DO KNOW IS THAT THE RAPID MOVEMENT OF NEIGHBORING AND FAR AWAY COUNTRIES TO SET UP SHOP IN IRAQ IS RAMPANT!  The participation of the globe in the war against ISIS is real!  The technological advancements are clear! the laws being read, and passed are vast!  the internal corruption is being cleaned up with full transparency!  and most significant to me, IMHO, the world is VERY involved with the BUILDING OF THE NEW IRAQ, FOR A REASON!  Folks, we are holding a life changing currency, and let no one tell you otherwise! THE SOVEREIGN, PROUD, RICH AND POWERFUL COUNTRY, WE KNOW AS IRAQ, WILL BE BACK IN THE HEARTS OF THE WORLD, AT SOME POINT IN THE FUTURE!   [post 2 of 2]

12-14-2014   Newshound Guru sczin11
  WHERE ARE WE NOW!  I dislike a phrase I use often, however, it is SO appropriate when it comes to the event we all await;  "WE DON'T KNOW, WHAT WE DON'T KNOW!"  Each time we think we have a handle on the process, and it looks to be the trigger we await, we are hit with additional unforeseen news, of something new in the horizon that must be completed!  Are the banking laws completed?  are the investment laws resolved?  is the CBI rate of exchange in compliance with IMF requirements?  Is the country stable?  is the government stable?  is the CBI truly ready?  are the local banks all hooked up to the electronic systems? are the QI/Smart cards fully distributed?  are the ports all set up for the custom tariffs to be executed? etc... etc...The answer to these questions is.... We dont know, what we dont know!   [post 1 of 2....stay tuned]

12-15-2014   Newshound Guru Tlar 
   So with that in mind I believe we will see the monetary change between the 25th of Dec to the 31st. A new Iraq will go global on the 1st of January in my opinion and the currency is the icing on the cake.  I feel that they will not pass up this opportunity again.  I also think we will see a reality rate right out of the shoot.  I think the CBI is unwilling to shock their society but one time.  Not the two step process that they were asked to do.   They are on a mission to save Iraq.  They are about to do it if they stay the course.  Going global is a big part of their strategy.  They know there is no choice but to succeed.  Again this is my opinion.  According to the intel this should already have been done.  Change is about all you can expect in a violent storm.  Goals and targets are set. As frustrating as it is, they are the moving target.  I think this time they will get it right.  At least I hope so.    [post 2 of 2]

12-15-2014   Newshound Guru Tlar 
  I...am a firm believer that all the stalling, the stop and go, is over at this point.  I think that the basic holdup over the last month has been that they are so close to the new accounting period (Jan 1st) that they had decided to wait.  Through the years the CBI has said that the ideal time is to start on a new calender year so it would not surprise me if that is what they are going to do.  We know they are ready because they have said they were ready.  We know they have minted the fils because they told us they minted the fils.  We can assume that the smalls are printed because they just went through a major printing but so far have released only the replacement notes, not the new smalls.  We also know based on what the CBI told us that they will delete the zeros even if the budget is not done, but will do it when the time is right.  Then we just heard that the ATM'S will only be ready to do business when they delete the zeros, but are ready and in place...they can only go so far without a currency.  Can you imagine with all the new laws passed and getting ready to be passed along with a budget, that they would hold for another 12 months?  I personally think that it is the currency that will make it all come together.