,
DINARESGURUS.BLOGSPOT.COM_________________

Monday, June 8, 2015

TNT CHAT UPDATE, 8 JUNE

TNT:Iko Ward: Forex just posted a spread of 1124/1177. What time is Abadi landing?

Adept1:  IKO: THAT SOUNDS PROMISING!

Iko Ward: That sounds superfantastic. Means they think were gonna have a little action tonight

Iko Ward: And guess what Rupiah did? NOTHING. Flat across the board.

Crusty:  Iko educate me plz, the bigger the spread the better chance of change ?????

Adept1:  IKO: IS THAT UNUSUAL FOR RUPIAH?

Iko Ward:  Adept, Rupuah always trades in the asian market except when they are going to pull the trigger

Adept1: IKO: THANKS, I DIDN'T KNOW THAT (ALTHOUGH IT MAKES SENSE). SO WITH RUPIAH, NO ACTIVITY MEANS A POSSIBLE SHIFT?

Iko Ward:  Crusty  …Normally we want a bigger spread, but with dinar we are looking for abnormal . 1124 is lower than usual, but 1177 is not normal, not even close

Emon:  lko, did, zim, have activity??? please and thank you for your response

Iko Ward: Zim does not trade

Kogarris: How about VNN..any change there

Royal: IKo excuse the ignorance, but your rate posting means the dinar is trading?

Iko Ward:  Adept...yes. Royal....no, the spread is too narrow. More Like Hey, stand by!

Iko Ward: To be clear, in my experience over the past couple years, the current Forex stance is unusual, and whenever the numbers look like this we find out later they tried to do it.

[ringo] Here's an idea... Just RV already....

Iko Ward: OK guys, Forex basket is set, tight spreads, polling at zero. Next indicator should be around 3AM EDT. If dinar gains in value i will post.

TLAR UPDATE, 8 JUNE

This is a fluid situation and it can and has changed direction on a dime many times based on what recently happened on the ground. So I advise you to understand that what I believe is going on, may or may not be actually as I see it.

First, I believe the CBI when they state shortly they will introduce the 50 and 100 thousand notes. I think this is a necessary temporary fix to a problem that showed up earlier. The temporary problem was and is, LIQUIDITY. Liquidity is best resolved on by the loosening currency to the streets. The best way to do this is to get cash to the banks and have them start making loans to businesses and individuals as we all know.


The CBI who is responsible for monetary policy and circulating currency which is a function of liquidity, decided they had to temporarily introduce a new note with value in the hopes that it would at least alter the needs of the market and reduce the amount of USD being sold at auction.

In other words the purpose of these notes is to hopefully temporarily satisfy the overage above 75 million needed each day in the market so they could adhere to the cap.  Parliament then loosened the cap until the CBI could get these notes out. The other reason they want to introduce these notes is to get the Iraqi's used to using the dinar again.These high value notes will be sold at auction and will undoubtedly be part or all of the 5 trillion in loans that the CBI is scheduled to loan the banks. This will be the way these high value notes are introduced to the market. Their intention is not to replace USD nor is it their intention to trade for other three zero notes.

The intention is to quickly raise liquidity only. These notes will not slow the delete the zero program down as they themselves have told us. They are the precursor to the delete the zero program...opinion only.

The other way to resolve the liquidity problem is to continue the auctions selling USD at a level that would meet the needs of the public as they come into the banks. But to continue doing so would reduce the reserves as they are drained off to supply both the currency needs sold at auction and meeting balance of payments. All balance of payments (remittances) have to be done in USD because the dinar is not yet a tradable currency. This was exactly what we saw starting to happen at the CBI. 

EXCERPTS OF TLM724, POPPY3 & BGG, 8 JUNE

6-8-15 tlm724: Article: "Parliament calling on the government to freeze the "oil and gas law," and proceeds to have a new draft."

I was asked this question: Think we need this done prior? This is more important for the people of Iraq, the citizens deserve their fair share of the oil profits! Does this reflect our investment one way or the other? I say nope.
I am sure the CBI would like to see the stability and unity that will go along with the law but it is NOT necessary IMO to continue forward with the currency reform. Besides, WHEN the Kurds and Baghdad actually execute their oil agreement it will cover all that is needed as far as the gas and oil export etc. ... for the short term. 

6-8-15 
Poppy3: We HAVE ABADI COVERING THE WORLD FROM USA, FRANCE, GERMANY ETC BEGGING FOR FUNDS. WE HAVE PENDING LOANS THAT THEY CAN'T DRAW ON TILL THEY HAVE A CREDIT RATING THAT THEY CAN'T GET TILL THEY HAVE VALUE ON THEIR CURRENCY HIGHER THAN TOILET PAPER?
THEN WE HAVE AGREEMENTS FROM 8 COUNTRIES TO HELP PROTECT THEM, WE HAVE DEADLINES PENDING EVERY FEW DAYS...THEY HAVE SIGNED CONTRACTS INTO BILLIONS WITH NO MONEY TO GET THEM IMPLEMENTED, THEY WANT AND HAVE A TIME TABLE TO IMPLEMENT THE TARIFF LAWS AND NO 3000 NEW EMPLOYEES TO IMPLEMENT THAT WON'T PAY FOR ITSELF AT 1166.

THIS IS REALLY GETTING TO BE FUNNY IN MANY WAYS AS THEY ARE AND HAVE PAINTED THEMSELVES INTO THE CORNER OF A LARGE ROOM. I THINK THEY HAVE TO PAY US VERY SOON BECAUSE THE WIGGLE ROOM IS CLOSING IN. 

6-8-15 BGG: I have said - for some time - it is not impossible for me to envision Iraq get things under way (fiscally) as a much needed stop-gap budget solution ... and quite honestly - I may or may not be right about that - but at this point, it's looking more and more like this may be what they are faced with.

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

    • sunny said
      10:32 AM Jun 8, 2015
    Highlights of Tony's CC.  Updated as the call progresses
    Condolences to Moderator, Jaybird, for the loss of his father.
    Tony:  We are in a SUPERFANTASTIC position.  Everything is really good.  Could have, should have gone yesterday, Friday.  It was available to be released.
    Abadhi still negotiating for equipment, manpower for Iraq's security.  This may be the last time he has leverage to negotiate.  They need help now, not a year from now.  Since Iraq has been told they are now in charge they feel the authority to negotiate for what they need.
    CURRENT WINDOW:   Abadhi did not release before he left Iraq and won't happen till he returns to Iraq.  Expected back tonight.  Expecting release sometime this week.  Tony:  . . . the window is from Tuesday on.
    Sterling Currency Group:  Tony said we only know there is an investigation.  No one has been arrested and no government agency put anything out.  They did not put a chain on the door and say Sterling was out of business.  Tony: If they had I'd be a whole lot more concerned.
    Tony suggested individual’s should plan accordingly.  Plan A is everything works out.  Plan B is if you can’t get the reserves/ lay-a-ways to have a back up plan.  Where can you get some currencies?  Hope for the best.  Prepare for the worst.  An investigation can take years and they could come back and say, “Oops.”
    Tony said his understanding is before the RV happens, they wanted to make sure the dealers stopped selling. To cut it off at some point, do their accounting and then let this go.  He said there were a number of ways they could do that.
    IRAQ:    They are smart people.  Been negotiating this for years.  Dr. Abadhi and Shabibi were told they could do it whenever they wanted to within the window.  Everybody has been in total agreement for 15 days.  They are still making deals today. 
    • Iraq citizen:  Cards were zero'd.  They have been told they will see a new rate on their cards.  That new rate was to have been applied last Monday and again today.  This is the week they are to be paid.  Abadhi is telling his people they are going to get paid on time this month and at the new rate. Telling them on Friday and Saturday, "in the coming days." 
    INTERNATIONAL:    
    • IMF, WB, etc. has no authority to have the final word on release or tell Iraq and/or USA, enough is enough.
    • Rates  Dinar rate went through the London clearing house.  Dinar, $3.91, ZIM, .11 to .13, Dong, .47, Rupiah, $1.08 & Afghanistan, $2.24.  
    • ZIM Deadline:  USA government will get money from the currency exchanged so it is in the US government's interest for the ZIM to be exchangeable.  Tony said he heard yesterday the date for ZIM expiration has moved out six months.
    UNITED STATES:     Tony reviewed the meaning of the GCR shift.  Dinar will be a reserve currency.  Dollar will drop some.  Tony says there still will be no grand announcement, TV story, etc.
    • Banks:  Rates went missing and rates are back today.  Same rates Tony/DC have quoted in the past.
    •        
    CLOSING STATEMENTS:
    PAM:  This is not straight forward. Hang in there!
    RAY:   Enjoy magnificent Monday.  See what happens on Tuesday.
    TONY:  All information is superfantastic!  Everybody ready in the process.  Rates on the screens.   The lady who went to the bank and saw it on the screen.  She was at Wal-Mart and the teller flipped the screen around and said, “We are ready.”  That was over the weekend.   Something happen this week, from Tuesday on.   Doesn’t mean it has to happen.  What everybody is planning on. . . Green light still there. . .
    Anyway, thank you guys.  Please, please do not listen to the idiots.  Do not worry what they are talking about.  Concentrate on what you are going to do when this happens.  When you see them on sites, just ignore them. 
    If you have 90 seconds, I have posted a message at this link:  
    http://www.tntdinar.activeboard.com/t60338938/we-could-use-your-help/

TNT CC NOTES, 8 JUNE

TNT Call notes 8-June-2015
Tony:  Good morning, TNT!  Today is Monday, June 8, 2015.  I hope you can here me.  We are in a super-fantastic position, but it’s one of those ‘get through it to get to it” calls. I see how people are struggling, and that’ why I do this call even though some people think I shouldn’t do a  Monday call.  I get texts from people who don’t understand… for example, people complaining that I didn’t send a text over the weekend when I said I would send a tweet if anything happens. Others say “it’s just another weekend” and it will be until this happens.  Could we have gone to the bank? Yes.  I will explain that.  The fact that I give you the latest information doesn’t mean that I can make this go.  I don’t know what is happening this after, who is being respected or otherwise.  It’s all about emotions;  they make mistakes, they change their minds, they renegotiate, just like us.  Nothing is set in stone or blood until happens.  You all listen to people who don’t have a clue, and who don’t know how this is put together, and they are trying to get you to do something (or stop doing something) or they just don’t get it.  They say it didn’t happen 20 days ago and so it will never happen, and that is not true.  I am ranting because you were ranting. Last week I was asked specifically not to say some things, to keep things calm, don’t burn anything down.  Things are different this morning from last week, and I will talk about what is going on until someone tells me to stop.
There are two things that I think should be important to all of us.  I want to mention that Jay Butler, our Mod (Jaybird), his father has passed away.  He’s on TNT and OpenMike, and we want to send condolences to his family.  He is important – everyone on TNT is important.  Jaybird is on the boards, and has helped the team and all of you through this. 
I will read this text that Pam just sent me from this guy in the military:  “Tony, I was in Iraq from Feb 2004 to June 2008. Please give a shout out to the service people who served over there and died, or who left families behind.  Quit complaining.  IF these people had not died over there, we wouldn’t even have this opportunity.”  Looking at so many things this morning, there is a bunch of negative people out there.  I don’t’ understand, what with the information calls.  If you don’t the information, why are you on the calls or following me on Twitter?  I wouldn’t do that myself, so if you really, really believe that this won’t happen or we’re making this stuff up, why would you be here time after time?  An intelligent person wouldn’t do this up-and-down week after week.  For those who do believe this, it’s just the process we have to go through.  There are some very good bankers and others, plus the whole country of Iraq who are going through this same process, seeing it in their newspapers and scrolling across the bottom of the television… and there are some complaining because it isn’t here yet.  I wanted this five years ago!
I have been going through this hour after hour, day after day… 7am until 11pm every day, I’m getting information of where it’s at.  I am not frustrated, I’m great, and I will give you the information.  I just don’t get it when people add two and two and make five, and then want to make you believe it’s five as well.
Everything is really good.  It could have gone yesterday, Saturday and Friday.  Everything was done.  We did not know if Abadi would do it before he left, while he is gone or after he gets back. Iraq is full of smart people who have been negotiating.  As soon as the US got everything they wanted, they told Iraq it was back in their hands, that Abadi and Shabibi could release it any time within that window, and the US would be good with it. So now that everyone is ready to go, we are at 15 days with everyone in total agreement except for… but Abadi wanted to get to the summit one more time to talk to everyone face to face for the last bit of negotiating.  After they do that, it’s over, and they no longer have further negotiations or deals to be made. They have things they still want.  At the summit, they talked about ISIL and other topics.  We know that with boots on the ground, ISIL could be out of Iraq within 20 days.  We would take less than a month to do that in other countries as well. We are trying to do that a different way.  Iraq wants to do it themselves, and the whole world knows they can’t.  So Abadi needs to go to that summit and negotiate for more tools to deal with ISIL, not just guns and bullets.  He needs to know what everyone is going to offer in that respect, who he can and cannot negotiate with, etc.  So this was a crucial meeting, and the last time for Abadi to get what he needs and who is onboard.
Most are saying “just get your money and negotiate later” but there will be no negotiating after this.  Abadi is saying they need the help now, not later.  The moment this happens, what is on the US side?  We’ve said that the US dollar will go down as the lower currencies come up.  It’s a GLOBAL Currency Reset, and everyone is making an adjustment.  The US is currently the world reserve currency, and that is going to change.  The five new mini-IMFs will deal not only with the US dollar but with Iraqi dinar as well, because that is what this GCR is based on to increase the values of their countries. This makes the dinar a global currency, like the US dollar. China wants to get this done so that their currency will also be a global currency.  Somebody’s currency has to come down for others to come up. That doesn’t mean the US dollar will go down by 60% or 30%.  It will lose some because it won’t be used as much as it was.  So this is about the dollar going down until we settle on a correct rate.  That is not job to force this, and there is more than just US, here in TNT.   This is about 350 milllion Americans, not just about us because we own dinar.
Abadi didn’t do this before he left, and it won’t happen until he gets back, so don’t expect it in the next five minutes. It can go any time after he gets back tonight.  They discussed it at the G7 meeting, Iraq got bigger commitments from President Obama and others in terms of equipment and manpower, and thye are working out a time frame to do it. Everyone is happy so far as that is concerned.  Once Abadi is back in-coutnry, it can go any time. Over the weekend, they explained about this on television and they are still talking about the currency reform being completed. They gave the people a little money to keep them quiet, but that still hasn’t happened in Baghdad. In other parts of the country they have been given better rates, and we know that hasn’t changed.  All over the country, they took the cards with money on them, and zeroed them out, saying they would see a new rate on their cards.
The clearing house in England says that the rate has cleared through their international section, and it was supposed to be applied last Monday.  They do have a new day to get this done, and it’s not today.
The bank people were ready on Friday, with rates.  Those rates when away, the screens were blank, and the rates are back today.  Someone called me over the weekend with the rates on the bank screens.  This person went to the bank Saturday, and the teller turned the screen around, showed it to her, and said, “These are the rates we have.”  This is someone I have known for years, not a friend of a friend, and she saw the rates for herself.  So we know it is down to that level at least (although this was not one of the big, regular banks).  They can exchange any time this week.  Abadi and Shabibi get to pick out the optimum time within their window, this week.
We have been in this long enough to know this is what happens.  They have a plan, we all get excited, and then it doesn’t happen.  For years our sources have asked us to say certain things so that they can catch the bad guys – because they know the bad guys also listen to us!  They might tell me afterwards, but not beforehand.  We are trying to give you as much information and understanding as we can. We don’t control it and our sources don’t control it.  We have multiple sources, and they each give us a piece, and we put them together to get the  clearest picture we can. 
It was supposed to go last week, and like Negotiating 101, they right up to the brink, and the other side says, “Oh, I want this one last thing.”  Iraq is now in charge, and they also need certain things before letting this go:  they need more tanks, ammunition and people.  Iraq is out of their league dealing with ISIL and other issues, and they need the help any way they can get it.  Here in the US, we’ve been practicing democracy for 200 years, and we are not perfect at it yet.  How can we expect Iraq to be perfect after one year?
The rates are the same:  3.91 for dinar, 47 cents for dong, 11-13 cents for zim, 1.08 for rupiah.  [Tony also said 2.24, which is for the Afghan currency].  Those are the rates on the screens.  We still don’t have the procedures, but are ready for this now!
DC is going to try to come on the call between meetings and give us updates.  Let’s go get this party started!
707 caller:  You had a lot to say!  I wish DC were here so you could catch your breath.  There is a lot going on.  A friend has a question – anything new with the currency trader? A friend has been trying to get through to Sterling to make her payment just as this whole thing went crazy.  She put in her ticket, and now she received a recording saying her deal is expiring.  Probably others are not knowing what to do next either.
Tony:  Last week they told me not to talk about this, but they haven’t said anything today.  On Friday, I did say “don’t be so quick to judge.”  Everyone saw the news, and we know the FBI went into the Sterling offices. They didn’t arrest anyone, so they must be investigating something.  Nobody knows anything for a fact apart from there being an investigation.  No one has said what they are doing or going to do.  Our only option is to wait and see.  As an individual, you need to plan accordingly.  You need a Plan A – with everything go as expected – and if not, you need a Plan B.  Do you need to buy more currency?  I plan for the best and for the worst.  Will it be the worst?  I don’t know that.  My understanding is that before the RV happens and we get access to this, one of the things they need to do is make sure the dealers stop selling. They need to cut it off, do the accounting, and make any adjustments, and then it will go.  I don’t know how they will go about doing that, but that makes sense to me.  An investigation could take years and they could still come back and say “Oops”. They didn’t shut anyone down or put a lock on the door.  If they had done that, I would be a whole lot concerned than I am now.  That’s my opinion and I’m sticking to it.  
408 caller:  I read that the IMF loan didn’t come through and that the US didn’t come up with all the equipment they promised.  Does this have an impact on the RV?
Tony:  Iraq didn’t feel they were getting as much help as they were promised, and that is part of today and yesterday’s meeting.  Others said, “yes, we will do those things faster.” But that was 15 days ago, and Iraq was given the green light to let this go.
617 caller:  You say it’s in Iraq’s hands as long as it’s in the window.  Is there a final date for that window?
Tony:  Everyone is saying it needs to be done by 15. June at the very latest. Abadi told his people they will be paid on time from now on.  They announced the date in the mosques, and this week is when the payments are supposed to start going out.  He told them last month, mid-month, that their payments are doing to be on time.  Does he have the ability to live up to those promises?  Yes.
Caller:  I’m worried about the zim, because there is a date when they won’t be good any more.  Many have more zim than anything else.
Tony:  Yes, the date for that was 30. June, and from the UST I just heard it would be six months. It won’t take me that long to exchange!  They set those dates thinking this would already be done and they would have time to get that in.  Zimbabwe, Vietnam and Indonesian WANT this to go through so their currency would be valuable.  There are many countries like the US who have those currencies in their reserves.  If we are getting $4 for the dinar, what do you think the government will get for that?  It means something to them to get this plan through.
Caller:  So we shouldn’t be worried because even if we only have a couple of days we will be able to exchange because those countries want this.
Tony:  Africa has gold, diamonds, lots of assets, and they want their currencies to be valuable once more.  They are even more anxious than we are!
301 caller:  Abadi is at the G7, he is back, and then he is off somewhere else on Wednesday.  Will this happen before then or after he gets back again?
Tony:  I wish I could tell you – Abadi has the ability to do it – but I don’t know.  As soon as I get off the phone, I can call him up and ask him!  He definitely is able to do it. 
301 caller:  When this does RV, is there a chance it will come in under a dollar, like 86 cents and it will then go up?  [Appreciation]  Vegas, Vegas, Vegas!
Tony:  I think it will come out internationally at $3.91 and it will go up  for a period of time and then fall back. That’s what I think.
251 caller:  I’ve got a statement to make here:  My time is running out.  I talked to an officer at WF foreign currency exchange, and she assured me that WF never sold or anything else to do with the dinar.  I told her that Tony has a receipt for dinar from WF.  She said that Tony could have ordered and paid for that, and it could have happened.  She asked where I got the information;  from Tony?  She said that in the last 25 years, WF has never called anyone in early in case some country might revalue their currency.  We wouldn’t do that.  She continued, “How long have you been listening to him?”  I said I’ve been listening three years, give or take.  She told me to listen for another three years, and get back to her because she is sure we will be hearing exactly the same thing.
Tony:  I fully understand, but here is the reality.  The person you are talking to you is obviously not in the loop.  I know WF people personally who have been trained to do this by Wells Fargo.  I Know people in the call centers, people who have been put on standby, called in by WF, who have actually done exchanges.  I have receipts from WF. When this happens, I hope you DO call them back, walk into their office and say, “Now what?”  I wonder how they will feel when then realize they were left out of the loop.  They are not fools, but WF is the foundation for this whole thing.  WF is the clearing house for all of this, so a lot of their people are going to be shocked.
Caller:  If I go into any bank and they say, “We don’t handle dinar”… if they know I have a lot of currency to exchange, surely they will at least waffle a little.  I don’t know why they are so adamant they won’t have anything to do with this.
Tony: This is what they have been told by their bosses, and they believe them. They don’t want all their people going out and buying currencies, and the minute this happens, they are exchanging and walking out the door.  The banks don’t want them to know. They will say, “Hey, this is happening, and we need you to direct people to do X, Y, and Z.” That’s how they  will make their money. Some will walk off the jobs, some will move up, and they will get more tellers. That is the process;  that’s how it works.
Caller:  I was hoping this would happen today because I need to fill my  truck!
Tony:  A friend always says, “Money may not be there when you want it, but it will be welcome when you get it!”
770 caller:  The rates – are they still the same or have they gone down?
Tony:  I just gave the rates!
256 caller:  I know they will drop six zeroes on the zim, on the 100 trillion notes.  Will they be dropping six zeroes on the million bills as well? And do you have an update on Okie?
Tony:  I don’t know about the million zim notes.  I talked to Okie this morning;  he is still getting information from his people, still waiting for it to happen like everybody else.
757 caller:  You are taking a beating!  I got into this because of you.  Why are they making you the face of this investment?  If people don’t like what you are saying, why listen?  I appreciate everything you do.  I don’t know how you deal with all this, but you’re a great guy to go through this minute by minute.  Thank you!
Tony:  I looked at this the other day.  July makes it two years for TNT, and five years overall. This is what I do and I urge you to do the same because I know you have people listening to you and fretting and asking questions.  Understand they don’t understand because they are not on the calls.  What bothers me is that those people who try to make this all about Tony… when you can’t get to the person who is supposed to be making decisions but is not, then you get to the person you can reach.  If that makes you feel better, that’s okay.  What bothers me is when they cause you a headache by being negative.  I don’t know why they even put themselves through the calls and such when they clearly hate everything they are doing. They are not in my life and never will be in my  life. After this is over, I will live my life, and they will be kicking themselves for selling their currency.  You just need to keep going through…
301 caller:  do you think Abadi will do this when he is in-country later tonight?
Tony:  Abadi has the ability to do this whenever he wants to.  Everything else is done that needs to be done. They have had the green light for 15 days.  Hopefully this was the last negotiation and Abadi will let this go when he gets back to Iraq tonight.  Otherwise, I don’t know.
707 caller:  Maybe you should have a rubbers stamp to carry around with you for those $1,000 tips.  Have it say super-fantastic, with TNT running vertically.  Use that on those receipts so we would know it was TNT person doing that.  You can get a stamp like that made up at Staples, and it comes with a built-in ink pad.  Just have it with you all the time.
Tony:  someone suggested that last week, so that we can know people are paying it forward, and we could know we didn’t go through this for nothing. I think it’s a great idea.
404 caller:  We’ve been hearing that there have been exchanges started in the last day or so, going east to west.   Is that true or wishful thinking?
Tony:  I heard about a few test exchanges, but none of the people I know have been involved in that.  The people who normally do it have not being doing it.
Caller:  We are still hearing the Amnesty laws and HCL still have to be dealt with?
Tony:  HCL was passed six months ago, although they might need an announcement.  There has been fighting in that area, and if HCL were involved, you’d think we would hear about it.  The national guard law needs one more reading, and they want the people and updated weapons in order to have a National Guard.  Those supplying the weapons would prefer those weapons to go to Kurdistan, so there is a lot of discussion.  I don’t think that is enough to stop the RV.
Caller:  Now that Iraq is in charge, are they finally saying, “enough is enough”?
Tony:  If there is conflict between the US and the IMF, we don’t have any say about how that works out.   They are currently saying, “We are ready, within this time and that time, so you have the green light.”  Iraq is saying, “You all need to do what you promised, in a more timely manner”, and so they are negotiating.
Caller:  Can we expect to hear any kind of announcement in the US?
Tony:  No, there won’t be any big news stories.  They want us to go in first, not the other six million to start rushing to the bank.  If we can get to the bank promptly, we can get most of this dinar exchanged, and the others can wait because they don’t have much currency anyway.  They reckon they can get us through in the first three days, and that will make the whole process that much smoother.
562 caller:  I know we don’t know what and when it’s going to happen.  We don’t know what’s going to be in your NDA, so we don’t know for sure about Vegas, Vegas, Vegas, so what is your favorite hotel and what is your favorite game?  I don’t want to search Vegas for that voice!
Tony:  I have been talking to some friends at one of the hotels, but I think that if we go to Vegas, you’ll be able to find me because I’m the one with the TNT super-fantastic shirt!
Caller:  I intend to pay it forward, and thank you for all these years when you have been toing something wonderful for humanity, so thank you!
Tony:  I know people who are going to great things with their money.  I know one guy who has promised to give 18 million to Keisha’s foundation, which is so great.  I don’t need more money myself, but it would be so great to see TNT showing up  with those thousand or hundred dollar tips, pay off layaways at Walmart and Target… things that will really affect peoples’ lives.  That would work better for me than money or chocolate cake.  I thank everyone for what they are doing.  I got into two rants on one call.
Pam:  DC says that this is the biggest financial transaction in the history of mankind.  It’s the most complex system known to mankind.  Hang in there;  it’s worth waiting for.
Ray:  Continue to enjoy Magnificent Monday.
Tony:  All the information is super-fantastic;  rates are on the screen and everyone is ready.  The lady who went to the bank (at Walmart) saw these numbers on the screen, and they told her “We are ready.”  We are ready because they are ready.  That was over the weekend. They think something is happening this week or this weekend, from Tuesday on.  That is the start of the next window, and we just have to wait for them to do it.  Thank you!  Please, please, please do NOT listen to the idiots.  Don’t let them affect your lives.  Concentrate on what you’re going to do when it happens.  If you see them on the site or Twitter, just ignore them.  They’ll end up talking to themselves, and then they will know they’re idiots.  I would love more than doing another call or sending out a tweet.  Be prepared to get it done.  Enjoy the rest of your day.  All we can do is know it is going to happen!

MNT. GOAT UPDATE , 8 JUNE

 Hello Everyone. This news letter today may seem like the same old stuff and maybe it sounds like a broken record. The news is not so good I am sorry. A period like we are experiencing now may seem stagnant and gloomy but it usually ends with a major, major breakthrough and I believe it is coming soon.

I am also going to continue to run some information on identity thief since this is now ramped in this dinar community. I have heard now about many who have lost their currency to these wolves. Many reading this may say they certainly would never fall for any of these tricks. Really? You especially might want to read the section on this topic in today’s news letter.

Today’s NewsToday is Monday June 8th and still no RV.  Yes it is JUNE already and the month seems to be moving ahead very quickly.  No – there was no RV last weekend nor will there be an RV anytime this week either unless the Iraqi legislature can vote on these needed laws. Security too is still a major concern.

For an RV, there are those that say all the laws are already passed and don’t matter. Really?

For an RV, there are those that say the security situation is under control and no longer matters. Really?

How about telling that to Abadi and Dr. Shabibi ……lol…

So let’s get down to reality of what is really happening in Iraq and disregard all this hype and hysteria each weekend about an immediate, imminent RV.

By now everyone should be aware and know just WHERE this misinformation and hype is coming from and WHY they continue to perpetrate this on us. So please, please ignore it. It is the source of much daily confusion.

It is your choice if you chose to go a long wit this madness but please I refuse to address any emails related to it. If you believe it all than go to the source and let the perpetrator explain it to you and give you proof.

This past weekend out popped an article I feel we need to address and study. It is one of those articles telling us so much. It also emphasizes once again what is the hold up is. It sums up much of the current events in the handling of these much needed laws in the Reconciliation process. Remember these are just not “nice to have” laws, but laws that were part of the agreement to allow Abadi and his government to begin the  formation and to complete the government. Thus the government is NOT FULLY FORMED until each of these laws are passed and enacted.

You see it is not so much the laws but the formation of a FULL government and this can not happen until the Reconciliation process is completed. In 2009-10 they called it the Erbil or Arbil agreement. It is all still the same old stuff. Nothing has really changed. Just a new name and package. It is all still required. How can it be required of the last administration and then ignored now? Of course many of you investors refused to believe it back then too but I say so where is the RV if this information is all so wrong. Why do we still wait if it is not for these needed agreements? You tell me cause there are no other reasons.

You might hear they had to go back for some more negotiations as to the reason for holding up the RV once again. Really? What do you think these “negotiations” are? They are these needed laws and the conditions being places and desired within them. Do you get it now? How many times must I tell you?

What this article below says only confirms once again what I have  been saying all along. Once again they tell us what the list of critical, needed laws are. They tell why they are held up and the desires of the leadership in Iraq to get them passed quickly. I am also hearing the intend to put pressure on the legislature body to work on these laws or there might be more interim elections than most believe (meaning replacing those who are absent and do not meet the demands of the people).

So I do not see any real progress being made towards seeing an RV until early July when the legislature comes back from recess. Enjoy the month of June!

-The Needed Laws?National Guard law
Federal Court law
Parties law
Oil and Gas law (this may hold up royalty payments if not passed?)
Amnesty (mentioned in another article)
Federation Council law

-Why are these laws important?" asserting that "the stalled legislation of laws is among the realization of the principle of national reconciliation.”

-What Abadi and Jafouri did in the past to try to get these laws expedited (thus shows us they need them asap)?In an effort to gain time  Parliament decided to extend the legislative term, which is supposed to be completed the end of last April. The House of Representatives voted, the end of last April, on the second extension of the legislative term of the first legislative year 30 days, to end up in the 28th of the month of May.

-What they plan to do in the near future?In turn, sees Adnan Aldenbos, leader of the National Coalition headed by Iyad Allawi, that "an extraordinary session held at the current time to the House of Representatives to pass some laws of contention is impossible and can not be achieved."

“Differences remain and laws are still not enacted, the "legislators" decided to go for their vacation, which ends early next July”.

“these controversial laws are FROM YEARS PAST and not months," pointing out that "most of these laws will NOT SEE THE LIGHT because it is in the case of legislation would hurt the interests of many of the actors of the political blocs in the political movement and the House of Representatives."

" warning the legislative authority is "falling” into mistakes had been made in the past years to continue to delay important laws to other sessions."

-What must happen to move ahead?popular pressure exerted on the political blocs to pass these laws at the present time but the lack of compatibility between hampered parties legislation," but he stressed that "the presence of the intentions of the majority of the political blocs to pass these laws during the NEXT legislative term."

Article Follows:

Long-Presse / Baghdad: House of Representatives ended the second legislative term, putting on a shelf commentary important laws package included "paper political agreement" that emerged by the Government Abadi.

In an effort to gain time and the enactment of the National Guard laws and the Federal Court and the parties, oil and gas, Parliament decided to extend the legislative term, which is supposed to be completed the end of last April, but differences remained decided "legislators" to go for their vacation, which ends early next July.

Congress recognizes that the legislative recess cut off political negotiations between the blocs on the laws mentioned package, but they confirmed that some of the laws parked years ago are difficult agreed upon soon.

In the meantime, it warns Congress legislative power from falling into the same mistakes that have signed the previous session and the deportation laws to future sessions.

The House of Representatives voted, the end of last April, on the second extension of the legislative term of the first legislative year 30 days, to end up in the 28th of the month of May.

States (Article 57) of the Constitution that "the House of Representatives session of the annual two legislative seasons, running for eight months, the rules of procedure determines how they shall be held."

The stresses (Article 58 / II) of the Constitution: "The extension of the legislative season for the Council of Representatives shall not exceed thirty days to accomplish the tasks that require this, at the request of the President of the Republic, or the Prime Minister or the President of the House of Representatives , or fifty members of the Council."

He says Abdel Azim Healing, Chairman of the Committee of Religious Endowments parliamentary, "The National Guard of the Federal Court Rules and the parties included in the national paper under which the current government was formed and signed by Haider al-Abadi and all the political blocs," asserting that "the stalled legislation of laws is among the realization of the principle of national reconciliation."

He and Healing, in a statement to the "long", saying "there Remarks by most of the political blocs on the work of the Federal Court since its inception and now to its inability to absorb the Iraqi scene." He noted that "the parties of important laws, which was referred to the Committee on civil society institutions to study it and add some amendments in the law".

And confirms a member of the Union forces, "These laws need more time to develop all the ideas and visions to take all the proposals of the political blocs in the next phase."

In turn, sees Adnan Aldenbos, leader of the National Coalition headed by Iyad Allawi, that "an extraordinary session held at the current time to the House of Representatives to pass some laws of contention is impossible and can not be achieved."

He Aldenbos, in an interview for the "long", that "the controversial laws Off for years and not months," pointing out that "most of these laws will not see the light because it is in the case of legislation would hurt the interests of many of the actors of the political blocs in the political movement and the House of Representatives."

In the same context, MP Hamid al-Mutlaq said "revealed a lot of Representatives left out of Iraq, during the legislative recess, and some of them to the provinces and therefore difficult there motionless and negotiation between the political blocs to resolve points of contention."

Shows al-Mutlaq, in a comment made by "long", that "the discussion and debate between continuous blocs on the grounds that all parties are obliged to resolving outstanding issues regarding the controversial laws," calling the political blocs to "discuss points of contention that hamper stalled legislation of laws in order to be configured The third legislative term."

In turn, says MP Abdul Karim Alabtan, a member of the Integrity Committee, said that "the House of Representatives for the legislative term holiday for a period of a month ago that brought at the last meeting in order to approve the complementary laws of democratic and political life."

He Alabtan "long" that "differences still exist between the political blocs on the National Guard and the Federal Court, oil and gas and the Federation Council and political parties laws," warning the legislative authority of "falling into mistakes had been made in the past years to deport important laws to other courses."

Speaking member of the Integrity Committee for "popular pressure exerted on the political blocs to pass these laws at the present time but the lack of compatibility between hampered parties legislation," but he stressed that "the presence of the intentions of the majority of the political blocs to pass these laws during the next legislative term."

Article Ends

The upcoming RV ProcessI have had a recent talk with my CBI contact in Baghdad. The conversation was long and once again the process about to take place was described to me. This is what I was told:

The CBI would begin the distribution of the new lower denominations along with the newer 50k and 100k coins. These larger notes (coins) are not to go out to the general public on the streets but rather are only to be used for inter-banking, international business, large commerce and very large amounts of cash transfers. Once distribution begins we will then see a .90 cent international rate. This low rate is to relieve pressure from inflation and to make the transition to a global currency. It will not last long (maybe a week at most) then they plan to conduct a full revaluation and adjust the rate to align with surrounding middle eastern countries. They would not tell me the rate but my guess is it will come out somewhere around $4.00 +.

Abadi is also in the mix since he hopes the .90 cents will put pressure on the legislature by the populous to pass the needed laws (in a basket of laws) with threat of interim elections coming up, especially the amnesty law which is a requirement by the USA before any full RV would happen.

KEEP YOU IDENTITY SECRET!WARNING-WARNING-WARNING

I find it so amazing how so many dinar holders talk about post RV building trusts and other means to protect their assets once they are millionaires and yet they are neglecting this same protection NOW, the very subject to which they talk about protecting. I am going to tell you a secret –

IDENTITY THIEF STARTS NOW! - IT IS ONGOING - SO PROTECT YOURSELF NOW!  Let me explain.

I am not referring so much to having you sign up to some identity thief protection service plan or even build your trusts or foundations now What I am talking about is some very simple things you can do right NOW to protect yourselves that do not cost anything… yes -  it’s all FREE!

So here are some FREE tips on how to protect your identity NOW.

Use replay to listen to a call or if you want live DO NOT USE THE LIVE LINK. Instead call in the conference call service number. If you use the LIVE link they now have your internet IP link address. This may cause a flood of junk mail and most certainly viruses and spy software to be loaded on your computer.

DO NOT SEND OR TELL YOUR REAL FULL NAME OR ADDRESS TO ANYONEDid you hear me? I don’t  care how much you THINK you can trust them or how much they sweet talk you on these conference calls.

DO NOT GO FOR THESE SO CALLED FREE OFFERS OF DINARS OR ANYTHING ELSE ON THESE CONFERENCE CALLS OR FORUM SITESThis should be an automatic RED FLAG. Use some common sense. In order to receive these so called FREE gifts you must send then your name and address.  Are you kidding me? Can you really be that stupid? They are collecting a database. It is costing them peanuts to do it. Later they will sell their lists for tens of thousands of dollars. But this is not the worst part. They also now know where you live. They know you are a millionaire. You just might come how some day (after you buy all that nice new furniture, cars, cloths and jewelry) post RV only to find your house completely emptied. Guess who just robbed you? Folks- You are setting yourselves up for a target. Do you understand?

Some have emailed me since my last post and argued with me that -  “surely simple call in for Q & A session won’t hurt or expose me I feel I can trust this conference call”. Really? You can trust no one! I repeat no one!

You don’t even know them. Most have never even met these people. You base your analysis simply on a once a week or three times a week conference call? Really? It only takes one Q & A and bingo they have your telephone number. From that they can get your full name and address. Next they can get your birth date. Next then they work on your place of employment and your hobbies. They then tag your children and relatives.

This is all information that can be used later to tap into your banking accounts and breach the banking security measures. The more information they gather on you the more likely you will be their next victim. It is really that  simple to do but they first have to TARGET you from among 365,000,000 other people in the USA and over 8 billion people in the world. Will you be a target?

NEVER, NEVER USE YOUR REAL NAME ON ANY OF THESE SITES. Use a special email address with a made up phony name and address and personal details to sign up, if you must.

Never sign up for these “RV notification” emails or cell phone callbacks. If you do they got you and I explained the next steps they will take above.

ABOUT SOME OF THESE CONFERENCE CALLS - Yes – they may have a “nice laugh”, may even sound like santa clause and sound so convincing that you feel you can trust them but this is how they operate. Do you get it? They build your trust slowly.

Do you really and I mean really know their hidden agenda and motives? You may go out to diner with them, they may even give you their address. So who really are they?

One of the largest cons I find is when they ask you for donations to keep THEIR  forum site to help pay the cost to keep it operational. So now not only are they setting you up for the con but YOU ARE PAYING THEM TO DO IT. Really?  I find is amazing too. You donate,  they tell you it is YOUR SITE, you are now a member-right?, then they encourage you to speak freely and express your opinions, yet you speak out of line and they have no problem kicking you off. I mean without even an explanation. So why do they do this?

Read my lips - BECAUSE YOU ARE TIPPING THE APPLE CART. They do not need anyone who is going to ask difficult questions. They need their members DUMB and to go along with the program.

STAY OFF FACEBOOK AND ANY SOCIAL NETWORK.  Are you kidding me – why would you want to divulge all your private information. It’s bad enough they can try to con you  and from these sites you are freely giving your private information to them?  These are the number one sites used to collect profiles for identity thief. Did you hear me? Once they have enough info on you they will go to work. They might even sit on the sidelines and continue to collect it and wait till you’re rich. They are following the RV just like you.

NEVER GIVE YOU DINARS TO ANYONE. There are only a very few legitimate “groups” for exchanging and most are even sorry now they ever joined them.

History of the Groups – Some legitimate groups were formed years ago during the days when BOA handled the exchange contract with the UST. It was the bank’s idea to allow the formation of these groups and to legitimize them. These days are over and long gone so is the “group” concept. There are no more new groups. In fact most members  now want out of their group. Anyone approaches you to join a group should be a RED FLAG for you.

Why were these groups established in the first place? Most joined them to get a guaranteed rate and thought they would exchange early. Did this happen? NO!

So what kind of rates did they get? Most of the rates were low ball rates to “sucker” you into signing  a group contract. This is how these groups work - the group leader would exchange your dinar (or allow you to exchange) they give you  the low ball rate (cause you are a member of their group) and take the difference from the bank from the market rate, making millions off members of the group.

Here is an example – your guaranteed group rate was .50 cents for a dinar. At the time of RV the market rate was $4.00. You get the .50 cents per each of your dinars as a group member  and the group leader gets a $3.50 cut back per each of your dinar. Of course there are other scenarios too but you get the idea.

What about giving them your personal information to become a member of  a group? This too is a bad practice and should never be done for obvious reasons I am trying to explain to you today.

What about giving the group leader your currency? ARE YOU KIDDING ME? Never, never give anyone your currency for ANY REASON, until of course you are sitting across from the bank exchanger at the time of an RV.

So you see there are many charlatans , their real intents are not always shown to you in why they form these groups. My advice is just to stay away from any group. Play it safe. You don’t need them to exchange and you are much better off and safer doing the exchange yourself directly at the bank of your choice.

So if you are an IQD holder you are now a target !  I can guarantee it. BUT FIRST THEY MUST IDENTIFY YOU thus they can then TARGET YOU. Identity thief is now ramped. Billions of $$$ will be lost needlessly just because many of you are now so anxious for news and are not thinking responsibly and using your heads. Instead you are using your emotions and this is just what they want you to do. You will do anything to get the news. But what news? Most is it is garbage news and hype anyhow? So you risk losing everything for what? You are prey for these wolves and they are coming to get you.

Peace and Luv To Ya All.