Friday, December 18, 2015


Well, Rayren said on the call today that banks are now being told no vacations till end of year not Jan 15th…..I would say our RV is sooner than later.
I wouldn’t be surprised to see it later today and no later than the 22nd.
Banks were to be full staff later today including call centers. We are hearing that whoever had been the impediment has been dealt with.
OBAMA is in final press conference for this year right now.


TNT Call notes 18-December-2015
RayRen:  Good afternoon, TNT family!  Today is Friday, December 18, 2015.  Welcome to the TNT call for this Fantabulous Friday, yours truly RayRen98 here.  We’ll take you through the little bit of information we have, so we can make some progress.
Frist and foremost, there is not a lot of NEW intel to go over. Some folks are questioning things they heard from other locations, and wondering why I say there is no new intel. Sally Jane has a call with, say, 500 people, and then Robert has a site with a thousand people on the site.  They can say whatever they want because not that many people are receiving the information and they may not believe what they hear. When there are 20K or more on the call, and you send out a tweet or text message, that is a lot of people listening and sometimes the info has to be tapered in the best interest of those listening. I don’t have any new intel;  I may not be at  liberty to share everything at this point.  That doesn’t mean the other intel is a fabrication or misdirection, It’s more that when I say it that carries more weight then when Sally Anne or Robert may say, especially when they are hanging on every word we say.
The Iraqi Budget has been approved, and should be published in the Gazette on Saturday.  So that’s not ‘new’ intel. Over in Iraq, the information I can get up to now are that the lower denominations are out, and the citizens are saying it’s worthless as they wait for the value to change.  However, they are distributing them to the citizens – t hat process is working.  On the celebrated day, whenever that is, those fives and tens will be valuable, and there won’t be chaos because they are already in their possession.
Some people have ‘gone quiet’ for various reasons, and we cannot make them communicate unless and until they are ready to share. 
What have you heard about the banks?  Some have had preparatory appointments and others are being told to bring their currency.  The banking personnel are being told there are no vacations until the New Year, but that is ongoing, not new information. It’s all progress.  I do believe we are very much in this process;  we were told that private exchanges would take place first, then the groups, then the public.  We fall into the group category because we are staying on top of this, we are part of that community.  We are in the midst of the process.
I will answer a few questions that some of you put in the forum, and then we’ll de a short Q and A.
Q:  Have all the people in Iraq been paid at the new rate?   A.  We are hearing more people being paid every week, but not everyone, so far as I know.
Q:  If tax on the currency is at a set rate, will be still need our receipts?  I lost my receipts when Sterling crashed.  A:  When you say a set rate, I assume you mean no capital gains and therefore no long-term or short-term applications.  If it’s a flat rate, then I don’t see any need for receipts because you don’t need to establish when you bought the currency. Perhaps in your case you can contact Sterling and have them send a note of when you bought from them. 
Q:  How many dinar have been sold in the US?  A:  I don’t know.  We are looking at maybe six million who hold it, but don’t know how accurate that is.
Q:  Are lower denomination dinar distributed in Baghdad?  A:   That one is tricky.  The last time I talked to contacts in Baghdad, they hadn’t seen the lower denoms yet, although we know they have been spread out in Kurdistan and other places.
Q:  Are the zim caps gone?  A:  We haven’t seen any new information about the caps and structured payouts.  Until we are told otherwise, we’ll assume the situation is the same.
928 caller:  Thanks for stepping forward and sharing information, Ray.  Please would people ask questions that help us learn new things.  Can you give us guidance on trust accounts?  What would be best to set up based on different amounts of currency?  Is it important to set them up before the currency exchange, even if we have to take out a loan to set it up?  Or would attorneys let you pay after the exchange?
RayRen: There are ‘trust accounts’ at the bank, and then there are trust entities that are outside the account.   A trust account might be set up for minors, with certain conditions, for example.  A trust entity is separate from the bank.  If you don’t already have something up and running, and especially if you don’t have the money to set one up, then I don’t see the need to rush to set one up.  It depends on what you want that entity to do, and only you can answer that.  Most will be perfectly okay setting up your asset protection post-RV, and I don’t see the wisdom of getting a loan to set up something you don’t need right away.  Some have already set up trusts because they really needed to, and some have although they don’t really need to.  These tools can be far-reaching and they need to be done right, from the beginning.  Most of us really don’t need these entities and structures set up beforehand;  it’s usually good enough to set them up within a few weeks of the RV.  Litigation doesn’t kick in unless you do something to make it kick in.
Caller:  There are so many different types regarding taxes – can you talk about which might be more advantageous and which to avoid?
RayRen:  It’s better to let the tax situation develop as a result of the entity you prefer for other reasons, depending on what you want to accomplish.  Don’t make taxes the focus or you might end up where you don’t want to be.  Post-RV professional can give you strategies will be available for you afterwards.  Cross that bridge when you need it.  If you create an entity at this time of the year, you can only do so much.  Just do what you need to do to get us through December.  I’d be inclined to wait … we’ve been broke all year, so what do we need millions to do before the New Year?  For some of these rates, it might make more sense to exchange after the first, and then you will have all year to take advice from professionals.
Caller: DC advised us NOT to bring in all our currency at once.  I wonder what that would look like.  Should we bring in a sampling and our receipts, and bring in the rest at a later appointment?  What do you think?
RayRen:  That is a personal decision.  I remember when DC said that.  Many don’t have that much currency anyway.  If you have wheelbarrows full, then you might want to divide it up, but if you are going for the contract rate, you might want to exchange it all at once to get a better rate.  Nobody knows I have all this currency, and nobody knows where and when I’m going to exchange, so I’m not worrying.  Take these factors into consideration.  Think of your security issues in terms of what you want to achieve.  If you are going for the contract rates, you will probably not have the opportunity to go to several banks. 
Caller: Does the China rate still exist?  I’m talking about more than a year ago, the rate at which wealthy people cashed in, and then people were worried about contract rates not being available.  Is that still available on dong and dinar?
RayRen:  I understood that to be a higher contract rate.  I haven’t heard anything official on that, but I believe they have been fused into international rates and contract rates.  I will ask for the highest possible rates on all my currencies, because if I’m signing an NDA for one, it applies to all.  “Ask not, receive not.”
Caller:  [Appreciation]  Vegas, Vegas, Vegas!
772 caller:  My understanding is that some still have reserves not with Sterling but with other firms. My company has said that they will bring my reserves to a city close to where I will exchange.  That brings in a timing issue.  I have substantial currency as well as reserves, and I’ve been discussing this with WF.  I have told them I need five days, but I’m assuming the reserve company will have to use some kind of transport.  Because we haven’t had specific instructions from the US Treasury, I haven’t heard anything direct about exchanging.  Any bank I have asked directly has denied the RV is happening.  Now I’m hearing about a Tuesday exchange;  do you have any advice in this regard?
RayRen:  It’s great that you have reserves, but you will have to transport the currency to you, or get there quickly and then go to the bank.  If you are focused on contract rates, I doubt you will have enough time to get that done.  You will have to be first in line, and if you are waiting for them to bring it to you, I would be surprised if the contract rates last an entire week.
Caller:  If this is a contract rate, it’s a contract that is protected under US law.
RayRen:  If you are talking about your reserve purchase, sure.  But I’m talking about the time frame of getting your reserve currency into your hands.
Caller:  If you get a better rate than the international rate, that is still a long way from what the US Treasury or China has offered in the past.  So the bank stands to gain a tremendous amount of wealth if they are picking up the difference between that higher rate and what they offer us.  Some people have been getting car loans on the basis of those anticipated rates.
RayRen:  If you can negotiate that kind of deal, great.
Caller: It is about negotiation.  If we cannot come to an agreement on the reserve currencies and when they can get there, then I will take my business elsewhere.  Tony said the banks have been instructed not to let us walk out especially when you have a lot of currency.
RayRen:  That’s right.  They want your currency.
516 caller:  [Appreciation]  Vegas, Vegas, Vegas!
602 caller:  Their calendar and our calendar are different…s o when you say the first of the year, do you mean 1. January?  Does the RV have to take place before the Budget is implemented?
RayRen:  It could happen as we speak.  We are in the minute.
Caller:  Does it look positive for this weekend?
RayRen:  I’m always going to be optimistic because it all looks good.
Caller:  [Appreciation]  Vegas, Vegas, Vegas!
313 caller:  Another guru said that if Iraq doesn’t complete this by the end of this year, the US and the UN will take over.  Have you heard anything like that?
RayRen:  No, I haven’t heard anything like that.  I don’t see any reason for it NOT to take place this year, what with everything we have been hearing from various places.
Caller:  [Appreciation]  Vegas, Vegas, Vegas!
941 caller:  I talked to WF in Colorado yesterday, and they are denying anything to do with the dinar. On the dong, they did say they do SKRs, so if this doesn’t pop by Monday, I will take in half my dong and make a deal.  Of the two WF branches in my area, one just blows you off;  the other manager knows about the dinar but the word is that they are not going to do any exchanges. 
RayRen:  If you can get an SKR for the dong, more power to you.  If what they present works for you, go for it;  if not, back off.
405 caller:  If DC still in your daily mix?  If so, what question would you ask him, and how would he respond?
RayRen: DC would say, “Just lay low;  it’s coming!”
Caller:  [Appreciation]  Vegas, Vegas, Vegas!
352 caller:  I heard folks talking about stuff earlier, and on a different call I heard that a guy got a trust through a bank, and he said it was a nightmare – don’t ever get a trust through a bank.  In terms of contact rates, do we ask about those at the first appointment or wait until we talk to the wealth manager.
RayRen:  I will talk about it the first time I sit down in the chair.  If there are 800 numbers, I will mention it to them!  The first person I meet I will tell that I’m interested in contract rates.  Time is money, and if that is not the person who can make that happen, they need to put me in contact with someone who can.
Caller: What about the zim?  Is there a time limit on that?
RayRen:  I saw an article referencing April 2016, but that is just an article.  We’ll find out in good time if any of the currencies have a shelf life.
Caller:  I liked that song you played last time.  You can find it on YouTube:  “I Believe”.
303 caller:  Ten inches of snow here.  Come on out and let me take you skiing.
RayRen:  I’ll come out and watch YOU ski!
Caller:  Earlier you had tabs for 800 numbers and bank rates on the other sites, but now we are supposed to get that information at TNT Showtime.  I went to the Latest Blasts and Tweets, and it was early this morning but didn’t take me anywhere.
RayRen:  I think Pam just didn’t have time to update that.  I was talking to Pam in the car this morning, but she might have got stuck and didn’t have time to fix that.
Caller:  Information to me is reactive and active.  The first is a response to the active info that has been put out.  All this banking stuff is reactive, which shows progress being made, but can you give us any more debriefs on active information, such as who gets to push the button, who gives the instruction to go ahead, etc.?
RayRen:  One minute you hear the IMF is going to call it, then the UST, the Iraq.  I don’t know!  After it’s done, we will all know who and what is going on.  Meanwhile it just gets bounced around with the banks saying they have live rates and they are waiting on the Treasury and the Treasury saying they have released it already.  It’s like roulette!
Caller:  Please can you put out a tweet saying “It’s happened and we’ll have a call at such and such a time”?  Just let us know, please.
RayRen: That has been the plan from Day 1.  That is why most of you get the tweets.  Of course we will let you know, and also give you as much information as we can to prepare you for the process:  call this number (if available), or call the number of the banks that deal with foreign currency if we don’t have the numbers available for you.  We will tweet it out, text it, put it on the website…
Caller:  [Appreciation]  Vegas, Vegas, Vegas!
RayRen:  We’re at the top of the hour, and I only intended it to be a 30-minute call but some of the questions got interesting.  We had some good information on preparations. We are still on any minute, any hour, any day status.  I hope we may be able to send out a tweet and maybe even do a call later today.  Hang tight, hold on, and make sure that you are ready because we know not the hour or day that the call comes for you to do what you intend to do.  Make sure you have your ducks in a row, have your ID ready, make sure your currency is to hand, make your appointment, show up on time, and negotiate.  They don’t want you to walk out with millions of currency tucked under your arm.  Ask questions;  ask for what you want, and you might be surprised to get it.  If you don’t know what to ask for, go back into the forum so that when it is your turn you will get the job done the first time.
I’m looking over my notes.  I was never that involved in the administration of the TNT site, but now I am seeing more of the donation activity.  Thank you so much for keeping this going. One person contributed one dollar, saying that was all they had and they were willing to give it for the cause.  It’s not the amount, it’s the gesture and the thought that counts.  Thanks for keeping this going until it’s done.
Let’s enjoy Fantabulous Friday.  Are we finally going to see it?  Until then, let’s enjoy the day and fellowship with one another, and let’s enjoy our weekend.  Have a good day!
Here’s the link to that song I Believe:  https://www.youtube.com/watch?v=9DYrqOUKLtA

TNT :Wolfy's bank info 12-18-15, 18 DEC

    • Tennwolfman said
      11:04 AM Dec 18, 2015
    My WM told me to call her today by 12 noon est if I hadnt heard from her.  So I waited until around 12 noon and called.  She told me the rates were still on the screens and was still off of the hold that has been placed on them.  She said they were waiting on the release to come down the channel from their upper bank management.  She said thats all they were waiting on. She assured me that she had my personal info on file and I would get a call when(not if) it was released to be exchanged. She is excited because she also owns currency. She told me she was working a 30 day notice after RV to help train someone else and then she was gone. Thats it for now.. Wolfy out--peace to you all


ggiedad77:  Good Morning Family……notes from last night’s CC…..enjoy the coincidences…..there is ACTIVATION in the air…..Merry Christmas to you all   Aloha  Randy
*** The comments made by Frank26, Delta and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice! We offer NO DATE, NO RATE on this forum!!! ***
CC Notes from Thursday Night 12-17-2015
Frank26:  For the last eight years I have been a student for you…..I’m not saying that you don’t study….most of you do….but for the past eight years almost 24/7 we’ve been working hard to bring you things and all you had to do was listen.
Tonight I don’t want to go any deeper….so let’s see what they did today…..you want to….let’s talk about it.
Yesterday did you notice they were once again they were talking about domestic bonds…..last year and this year when they talked about domestic bonds the citizens were not interested….they were not going to be so gullible….three times now…..the last time being September…..they enticed them with gold….a new ki card…..how about a 50k note….
They always say no……now they say….can we offer you these bonds again…..at what rate…..to see them offering these bonds again it is not because they are stupid….it is because it is time.
Remember yesterday when I talked about whales and sharks when did I say they would come out….when do they buy dinars…..right now…..no…..10 years ago like I did….no…..tomorrow….I don’t know…..when it goes from 1166 to 1 to 1….they pay attention….they notice…..these whales and sharks turn into hyenas…..
See we’ve been feeding for many years off of the Iraqi carcus….then the lion looks and says….of you have been feeding off my carcus….these whales and sharks see the same thing…..at the 1 to 1 rate they see this as a serious event…..most of us got involved 10 years or so ago based on emotion…..we didn’t study very well to start with….but the whales and sharks study and watch…they see the RI…..
I’m telling you the moment it gets to an RV……when it comes out at a 1 to 1 rate do you think they will buy bonds…..
Well let me suggest to you to look at London right now….they look very seriously right now in how to invest in the Iraqi stock market…..if you are going to invest in the stock market……the futures of certain companies….wouldn’t you also invest in the stocks of certain companies that are involved in that market……so why would London be interested in studying about the stock market of Iraq and for that matter their bonds for when they go international…..IMO….they sense an RI…..all IMO of course.
I want to say hello to James49…..he came from New York to visit me and my wife….bless his heart….we met him at our family restaurant….we met for about an hour and half…and he pulls out his laundry list…but it was oh so worth it…..he brought me cookies…thanks to his daughter.
Family, I like what is going on….yesterday talked about the budget….we studied it and on time they did it….it keeps them on course….it keeps our studies on course…..so when they release it…..we as a TEAM are expecting it by January 1st…..sure we can say TA-DA and blow our whistles…..so if it is out…..inside of it we told you is the HCL…..that alone is huge evidence to us as a TEAM….that they are about to activate some different rate than the program rate.
Now the budget was something like 91 trillion….but now today they tell you it is something like 106 trillion…..I wonder what they will tell us tomorrow……I even questioned our TEAMS….this isn’t right……last year’s budget was something like 120 or 140 trillion…..what are they doing…….so it made us realize….ah-ha….just as the banks are buying the LD’s a little bit at a time…..you know to keep it out of your sight….we still look for the pendulum swing left or right…..they are slowly adding to the budget….up to that point where they know they will CAP it…..this is brilliant….of course this is all IMO…..this in not out…this is not something you can read about…..this is interesting.
So with that said I like the budget…that it is out on time……I like that it has the HCL which is a back up to the rate change…..I told you that oil is still super low for a purpse to choke the living daylights out of ISIS….but around the 1st of the year it will go up…..why….because I think that is when we will hit the RV stage and it is that time when the budget will need to be fueled…..they don’t need fuel right now because they are in the RI…..I told you it has nothing to do with the rate….but yesterday I hinted to you….squirrel.
Somewhere the first part to the middle of January oil will be going up….it is no….ok.
Ok, next coincidence……today oil hit a low point today…..lowest that it has been in 7 years….lower than the belly of a snake….it’s right on course….but you say it will go up in January….you can call this a coincidence….but over a month ago we told you….hit this square on the head…..on the 16th of December….this lady….Christine Laguard….for those who are not watching….I’m sorry I can’t describe all of this to you…..yesterday Christine Laguard did something with the IMF….
They talked about maybe the possibility the IMF is going to start taking over a lot of countries economies….for example….maybe Iraq….yes….definitely…pretty cool….who else….the IMF actually said….”The USA….we are coming in now….you are next.” These are coincidences aren’t they….of course they are….in the same way that Obama is doing the same thing that Clinton did….balance the budget….pay off deficit….just like Iraq is doing….yes….coincidences….sure.
Because this lady told 12 7 months ago we are on course don’t worry about it….but we weren’t on course…..so we came in with guns, auditors, bookkeepers…..remember I said we have a lot of great minds…..in Iraq……so then she gave more assurances…..reassurances….but no type of time factor…..because everyone knew by December 31st they would quit using the USD…..the IMF said no more soup for you….no more USD for you….you are kidding me….no….you are kidding me…..that is like telling a child you have to take the training wheels off your bike now….what…..that is what Iraq was told…..WHAT…..did you hear that……and what did we tell you happened right after this in September.
Knock….knock…..who is it…..it is us Holy Man….Sistani…..God…..it is us….come on in….we are here to tell you we are ready…..what happened with you…..back in March you got the green light…what’s the deal….you were under a contract weren’t you……yes we weren’t ready….we are being punished….no more money…..well are you ready Abadi….yes….Shabibi…yes.
This is when I told you he announced to the whole ME theater we are going to lift our reforms now…..and what the monetary reform isn’t one of them….it is the only one to lift the others….we don’t have to tell you about them all….we can figured it out……the time frame is so accordioned now….it is so compressed…..it used to be every three days….then 24 hours…..shoot now it is every 12 hours they do something for the monetary reform.
And for the US Fed…..let’s have fun…..do you remember yesterday….when I said to you……ok Family….the Feds….the hike…that is like someone saying….10…9…8…7…6…5…4…3…2…1….then what did I say after that…..I said IGNITION.
Then look at this….USToday Money Section……what the Feds just did was a 3…2…1 ignition….a liftoff….for what……who are the Feds….you know who they are….so the Feds decide to raise rates for the first time since 2006….of course Feds you forgot the Marshall Plan takes 10 years….so tactful.
WSJ today says very plainly…..you know that rate hike that we just did….it gives the liftoff….it gives the boost to the US stocks who all of a sudden exploded today….that is a plan….and those are keywords.
So just out of curiosity….let’s go to the front page of the WSJ (Wall Street Journal)  and dig through all those pages…..in case you missed it…..look at the launching of that beautiful Atlas rocket…..what about it Frank….well I tell you it is a heck of a bunch of coincidences.
Let’s go the US Tomorrow because in all honesty when we talk to you we give you the US Tomorrow……so let’s look at the front page of USToday…..Feds take a step on interest rates….why….the purpose was a tiny little nudge towards a normality….sounds good….meanwhile on that front page…..oil bans boost stability….you are telling me there is a ban on oil coming into the US…..didn’t you know that…..well we are going to end it……well tell me does it have anything to do with the beginning quarter of next year to supply a budget…..no….oh just a coincidence then.
Look at the rest of the paper……Congress takes up bills to keep government open….and have tax cuts…..massive packages being introduced by the Republicans….then Obama…..they want to cut taxes….keep that in the back of your mind…..as we open the rest of the paper….here is one….Feds make right call to increase the rate….this is beautiful because the rate change kick starts our economy…..ok, what will the reforms in Iraq do….kick start their economy….coincidence…..more news….if we stop the oil it will just kill ISIS…..too many coincidences.
Look at the front page of the WSJ…..Fed nudge the rates higher….but look at the three sections I circled….let me read them to you….Borrowers are going to feel a bit of an increase…they have to pay more…..another thing….this quarter point rise…will make the dollar stronger and make oil very weak….exactly what is going on in Iraq…..the third point…..it will relieve investors to send stocks soaring…you are kick starting economies around the world…..you say the US is next…..like what you did in Iraq…you want to come into our country and fix economic things too.
I see things differently……I suppose…..because you are a consumer…you are a borrower….WSJ….about consumers…uneven impact…..this rate hike…you are screwed.
My newspaper says…..Fed hikes rate and stocks go crazy….you as the consumer get screwed…..who’s making money doing this….the international world….with each of its countries while you get screwed….but that is ok.
Once again WSJ…..the Feds Uncertain Leap Forward….it was certain….they knew exactly what they were doing….we get screwed the average Joe….but it doesn’t matter….you’ve been a student….IMO.
As crazy as it may sound……I told you it’s just a coincidence there will be life on Mars….we told you that yesterday….and I told you she would be there in the end….I won’t take time to show you how….but let me show you more newspapers from today.
When Trump was talking….he dominated the headlines…it kind of made him look silly…..but what happened….Trump will win his party…and Hillary will win her part….but what he does now helps Clinton tremendously……Trump wants to be president.
Clinton aims to raise taxes on richest Americans….but didn’t we see where they said we want to cut taxes…..but she wants to raise taxes on the RICHEST Americans….that would be you and me….you don’t think they are counting on taking your money….first in taxes….then they will audit you to scare the living daylights out of you.
One more…..a huge report…..Clinton is already vowing to over-reach….like Kuwait…..what a coincidence….and if she becomes president…she wants to raise taxes on the RICHEST Americans….she went over there and invested in their refinery technologies….then she said…if you haven’t gone to Iraq and invested it is too late.
One more I promise…..Clinton’s tax plan is backed by Buffett…the richest man on the planet….ok….ok…I’m done.
That is your conference call…..you understand what is going on don’t you…..so many newspapers talk about the monetary reform of the Iraqi dinar without actually saying those words….these types of headlines as never before.
I leave you with one more thing….is it not true that on the 15th we look for taxes and tariffs…..then we told you no it’s more the LD’s….then on the 16th….the Feds would increase the rate….then on Wednesday they would pass the budget…..what happens on the 31st….the trifecta….look at your notes….
IMO….one is taxes and tariffs…..I want to tell you something….”in the parliamentary economy they are reducing stresses and wastes of hard currency and they are activating the taxes and tariffs”……is that great….ok we missed it by a few days….but they tell you….Parliament knows…..we know….we have the codes….we are going to raise things…..for the citizens…..to have purchase power….and we are going ahead and approve the budget….it’s going to be there for everybody at the beginning of next year….and we need to fuel it now.
Whispering…..oil will not go up until around the middle of next month…..ok….but the taxes right now…if we increase them.
So Iraq is losing money all over the place and they know it…..they are wasting it….in fact they waste the opportunity…..so I just love the fact they are finally realizing we are wasting money and profits…..get the taxes and tariffs on…..you can’t make money at 1166….it has to be a new rate….
That is why you have been so shy about putting out that new rate….but today…today….today…..you told the international world….we are ACTIVATING….that is the same thing as with the budget….ok….we got to read it……1, 2, 3…..we have to pass it….ok…..1,2,3….so they said yesterday they will activate it at the beginning of the year…..so today they come out with some new meat balls…..
Hey….we are also going to go ahead and activate the taxes and tariffs….ok…you guys know you need a new rate don’t you……go ahead and ignore me…..but we know you pretty well….so you are going to protect yourself…..get those tariffs out….get the budget out to protect yourselves….I thought you only needed 91 trillion…..so what did you say you needed……
Good God Almighty Man….1 to 1 isn’t going to do it…..no wonder you are going to free float it….it’s probably going to go up very quickly…..but you know that don’t you.
Ended with a prayer.

MNT. GOAT UPDATE : " We wait for the New “Lower Denominations", 18 DEC

UU6847 – “We wait for the New “Lower Denominations” ”  by Mnt Goat

Hello Everyone,

Today I need to give you yet more pieces to the puzzle to currency reform and so read this section very carefully. It can get confusing real fast if you don’t read it carefully and clearly.

Iraq is meeting their commitments to pass needed legislature and the beginning of the new year seems to be moving upon us as time seems to be moving faster and faster.

We have great expectations for the first part of the first quarter of 2016 as a new RV window and it is just around the corner. Hang in just a little longer all you dinar investors. This IQD currency reform is about to come to a conclusion, at least the part that we want….lol….
But let us not take any thread of information and turn it into any hype and lie to anyone about the timing of this RV. Please verify your information. If you do not you take the responsibility of the info you pass on to everyone thus you become the culprit of misinformation. Yes- be responsible for your own actions! Lying is still lying even if you do not intend it to be so. The best of intentions is not always the best as it still hurts many people nonetheless. 

Bank screens, memos to banks, speeches in the mosques, tickers across the bottom of Iraq TV screens tell us very little and is NOT confirmation of anything nor can be used as verification. These events have they ever proved in the past reliable. I have been told to watch carefully now what the CBI says and does. This is where our attention should not focus. This is being told to me now by the CBI themselves.

So where do you think we should be focusing now?

Today’s News

Today is Friday December 18th   and yes we are fully now in the third week of December already and still no RV.

Many events seem to converge on the month of December and recently we heard news of also January being pivotal. How do these events relate to our inevitable RV?

So in focusing on the actions of the CBI - In my last news letter I reviewed with you the exchange process within Iraq but not so much with the average citizen but between the Banking Sector and the Central Bank.

I decided it was time to review these procedures with you so you can better understand how the process works and know it is not that simple just to “pull the trigger” whenever you desire to revalue a countries currency especially when there are underlying factors involved to “switch out” their old inflated post war currency to the a newer more permanent currency and at the time significantly increase its value. The important part too in all this process is not to destroy the economy in a time of already economic crisis.

As a result of my 12/16 news letter (LINK) many replies challenged my information with the problem in the currency auctions. They claimed it was DINAR the CBI is selling and not US dollars. Really?  I find it very frightening that you think they are NOW selling dinars and not the US dollars. How can you be so misinformed?

I thought I made it very clear in my explanation on 12/16. I did not lie to you. It is US dollars being auctioned off. I told you to be careful too it could get very confusing and so obviously many of you did not read my news letter carefully.

YES- it is supposed to be DINARS. Yes – that is the original purpose of the auctions to sell the 3 zero notes to the banks. How else could they distribute them? But those days are over. Where have you been? Do you now know anything about the progress of the currency reform? Who has been providing you with your information?

I explained the gap in the currency in 2013 caused by the positioning the economy for the RV as there was major push to get the 3 zero notes out of circulation from 2009-2012. The RV was supposed to happen in 2012-2013 but thus the RV did not happen. Please go back and re-read (or read) my 12/16 news letter for more explanation of this matter. I do not have time or patience to write that book again…lol….)

So this gap caused a rush on the US dollar in Iraq from the CBI to fill this gap. Can I say it any clearer. So they reverted from dinars to the US dollars in the auctions. Now the must reverse this demand again back to dinars but do it for a demand for the new lower denominations and not the 3 zero notes. Why would they now want to be auctioning off more 3 zero notes? Oh God ! This is the last thing they would want to do at this point of currency reform. It would lose years of work and planning and they would have to redo most everything. It does not make any sense.

So today out pops an article..coincidental?. If this does not convince you then I give up on you. It is US dollars being auctioned off …lol..…..lol….

But in this regards I must say this - this is a perfect example of what seems to be the problem in this dinar community. Everyone wants to be the expert, to be the guru, and shoot off their mouths to show how smart they are. They know so little and think they know so much.

However they don’t want to put in the time, do the homework,  to stay up late at night reading countless articles or talking hours away from their families to bring you real and precise information. They grab onto any thread that might “suggest” an RV.

So my recommendation once again is this - Don’t shoot your mouth off unless you verified your information first. Stay calm and cool and JUST LISTEN !  I am totally open to clarification of my mistakes but you better first come prepared and be able to defend your challenge to me with FACTS.

I also want to say I will step down anytime from doing my news letters. Just tell me when you are ready to do them and that all the news you bring will be accurate, precise – NO Hype, NO Rumors, just the FACTS. Then I will gladly stand off and let you take the lead. Wow that would be nice! 

I quote from the article below –“ the statement that the Iraqi Central Bank to continue buying and selling DOLLARS at 1166 dinars” .

You can also read the last paragraph in the article to see that the dinar value to buy the dollars started at 1166 but with the demand for the US dollar so high the banks are willing to pay commissions, etc,. that makes 1190 dinars to buy one US dollar. The CBI gets $21 commission. So where does this extra 3 dinars go? Is it corruption? Who gets this money and why? It is artificially high at 1190 and should be 1166 because of the necessity to use the US dollar over the dinar.

I rest my case ! ….lol…

Article Begins



{Baghdad: Euphrates News} central bank sales recorded on Thursday at the end of the weekly auction for the sale of foreign currency rose slightly to sell $ 162 million, after selling $ 161 million yesterday.

According to a statement of the Central Bank received by the agency {Euphrates News} a copy of it, "The size of the amount sold today reached 162 million, 173 thousand, and $ 408, priced at 1166 dinars exchange rate to the dollar, and with the participation of 24 banks, and 15 companies for the fiscal conversion."

He added that " the amount of remittances and credits amounted to 143 million, and 703 thousand, and $ 408, while the quantity sold in cash 18 million, and 470 thousand dollars.
"and the statement that" the Iraqi Central Bank to continue buying and selling dollars at 1166 dinars, "adding that" the sale of remittances price 1187 dinars / USD, including the commission of the Central Bank of $ 21 dinars per dollar, with total cash sales price of 1190 dinars to the dollar / dollar, including the commission of the Central Bank of $ 24 dinars per dollar. "

Article Ends

I have demonstrated to you that all these arguments over whether we will see a reinstatement or a revaluation, a low initial rate i.e. 80 cents,  $1.14 or $3.91 is all a moot point. I gave you proof and it is the process that drives the initial rate and not an RV. Whether you like it or not this is the process. It will be what it is and you being hopeful or anything different is not going to change the process.

Some now say they are distributing the lower denominations in Iraq. Really? I have shown you how this is was an isolated incident and has been stopped.


I shown you why a bank or two may have done this prematurely. Many of you don’t want to believe me and since you must find even the smallest thread, an ounce of intel, once again to substantiate your idea that the RV is happening any day / any minute / every weekend stuff. Well first of all even it they were finally distributing and using the lower denominations they would need a significant increase in its value to do so. Do you even know this factor? Do you even know the process. Do you see a significant rise in its value?

The CBI also told me that they would guide the citizen through the process when the time comes. They so far have been keeping their promise as we have read many articles already about currency reform and just where they currently are in the process. Folks it is no secret. They are not doing this currency reform process behind our backs or trying to fool us. So if you don’t hear if from the CBI it is not factual and just stupid rumors being spread by ignorant people once again to hype you up and suit there own purpose. What could this purpose be?

So let me give all these  intel “gurus” an example and maybe I can clarify the confusion they once again have spread to the dinar investment community by not verifying their information first before passing it out to you. Are they really helping you or preventing you from fully understanding?
For example: We know that now nearly 80-90% of the currency used in Iraq is US dollars. In Iraq they can now pull out of their wallet one US dollar in the store and buy a dozen eggs. So if they used the lower denominations instead it would take a suitcase full of the new lower denominations just to buy that same dozen of eggs. Which would they rather carry to the store? A suitcase or your small wallet?     

It should be obvious to you now that they will not yet want to surrender their US dollars since it is more convenient to use them in the marketplace over the lower denominations.  This is not rocket science folks.

So the only way the lower denominations could be plausibly distributed in the economy is that the banks could have loaned them out in desperation to begin making money off this asset that is sitting in their bank vaults (in some cases) for months and months. Banks are out to make money on their money and not to let it sit in their vault. But as I told you the CBI stepped in when they learned about this practice and shut it down.

So once again the moral to the story is PLEASE, PLEASE verify you information first before spreading it around or at least tell everyone it is just RUMOR or CONJECTORE and not yet fully verified. And don’t hype it up or try to sound convincing until it is verified. Is this too much to ask?

Incidentally this rumor was very easy for me to verify with my contact in the CBI. Do you have such a contact?

Update: Currency Reform

We still await for the “official” word from the CBI to allow the distribution of the new lower denominations. We know this must first be accompanied with a significant increase in value and we are told it will be a 1:1 par value with the US dollar.

This is NOT the RV but an inflation adjustment and only an incentive to  “dedollarize” the economy and reverse the trend in demand for the US dollar thus increase the demand for the new lower denominations and thus allows to slowly increase its value to the point the IMF allows a full blown RV. The IMF needs this trend to reverse but first these other actions must occur to cause it to happen.

This process is not an “official” float (as many will try to tell you) and we may never realize these rates even on any global exchanges (thus be able to go to the banks and exchange)  since the IQD will not be reintroduced to the global exchanges until after the full blown RV occurs may a week or two late.

I am telling you nothing new here. I have explained this all out to you in yet more detail in my previous news letters. This is the state we are in and we just have to wait.

The fact that the budget is moving along now is great news. Now we need the National Guard and Amnesty laws and I do not believe we will see any next move in the currency reform until we get these laws – at least I would be very surprised if we did….lol…lol…

Update: Needed Laws

Iraq's parliament passed on Wednesday the 2016 budget. The President of the Republic is expected to ratify the budget in the next few days.

The budget consists of $88.2 billion, based on projected oil prices of $45 per barrel but in reality oil is averaging only $36 per barrel and so we can see they will have a deficit again.

There is also oil being pumped out of Kurkirk providence, revenue that Baghdad may never see since Kurdistan made a deal and is allowed to sell this oil on their own (new oil agreement).  In return they only receive 13% oil revenue shares now from Baghdad. It is a better deal for all involved. So from this article it is obvious some HCL deal was made or else they never would have completed and passed the budget.

Article Begins

Baghdad (AFP) - Iraq's parliament adopted Wednesday a 2016 budget of $88.2 billion, based on projected oil prices of $45 per barrel, according to a copy received by AFP.

The budget includes oil production the federal government does not now control and envisions a rise in oil prices, meaning revenue may fall short of projections.

Parliament speaker Salim al-Juburi announced that the budget had been approved, but did not provide further details. The 105.8 trillion dinars ($88.2 billion at the 1,200 dinars/dollar rate in use within Iraq) was little changed from the 106 trillion dinars the cabinet proposed last month. It projects a deficit of $20.1 billion (24.1 trillion dinars), but there are two significant factors that could undercut a projected $68.1 billion in revenue.

Firstly, it envisions oil exports of 3.6 million barrels per day, including a total of 550,000 bpd from Iraqi Kurdistan and Kirkuk province, a large part of which is under the autonomous region's control.

Kurdistan has been exporting oil independently and is likely to continue doing so barring a deal with Baghdad, meaning $9 billion in revenue may not materialize. The budget is also based on an oil price of $45 a barrel, a significant increase from Iraq's November average of $36.

And with the US Congress set to lift a four-decade ban on oil exports and the OPEC cartel deciding against cutting output, prices could remain low.

Iraq has been especially hard hit by low oil prices, which come as it wages a costly war against the Islamic State group that overran large parts of the country last year.

Article Ends

Next I want to bring to you news that has been a long standing debate for all you dinar investors looking for this RV. The question has always been this – Does the USA need to pass and support the IMF Reforms prior to any RV of the IQD currency?  Was Iraq being held hostage over these reforms? We know the USA and the IMF must be in agreement over any RV for Iraq and can prevent the RV at will.

So now it really does not matter and is a moot point on its connection to the IQD RV since a compromise was negotiated with the IMF and the reforms will pass in USA congress anyway. So now even if it was a factor holding up the RV it no longer exists.

I have to say I find it funny how now this issue is just now resolved, when we are waiting for the distribution of the lower denominations to kick off the last part of this currency reform for Iraq. Is this timing coincidental?  Something is holding back this last piece.

Article Begins


Deal would give China, other emerging economies more power at emergency lender

An employee counts renminbi bank notes at a Bank of China branch in Changzhi. The U.S. appears set to ratify a deal that would give emerging markets such as China greater power at the International Monetary Fund.

By   IAN TALLEY  Dec. 16, 2015

WASHINGTON—U. S. lawmakers look set to ratify a five-year-old international deal to overhaul the governance of the International Monetary Fund that gives emerging markets such as China greater power at the emergency lender.

Lawmaker approval would resolve a long-running grievance by emerging powers that their voice and vote at the shareholder institution doesn’t represent their growing economic heft in the world.

Congressional leaders agreed early Wednesday morning to include the changes in a catch-all spending bill, which could become law in the coming days.

“We look forward to the outcome of the legislative process,” said IMF spokesman Gerry Rice.
U.S. lawmakers have stymied modernization of the fund’s shareholder governance for years, fomenting resentment among the IMF’s emerging-market membership.

The U.S. Treasury Department repeatedly warned that failure to ratify the deal would undermine U.S. leadership abroad due to disenfranchisement of China and other industrializing nations at the world’s last-chance lender.

Officials warned that recalcitrance by U.S. lawmakers could accelerate a move to other international financial institutions not backed by the U.S., such as the Asian Infrastructure Investment Bank, which was launched this year.

If Congress approves the governance changes as now expected, India, Brazil, Turkey and other countries will have more voting weight at the IMF in line with their contribution to the global economy. Under the governance overhaul, China’s new voting shares would make the world’s second-largest economy the third-biggest shareholder at the IMF, moving it ahead of several European nations.

The deal will also bulk up the IMF’s firepower, shifting emergency reserves borrowed from member countries during the financial crisis into the fund’s normal lending account. Critical to Washington, the U.S. would hold on to its veto power over most major decisions at the IMF.

Article Ends

So at this time is appears that the news is very quite coming from Iraq. We are at this lull again and this usually means something good is about to pop. It always does. Seems a clear, blue sky is about to come to us as the storm is about to pass.

We know they have to pass the National Guard law very soon. We know the Parties law was fully effective on Tuesday and we saw the Anti-Terrorist law now also fully implemented as it was posted in the gazette.

I described to you in a past news letter how the timing of these three new laws was very significant for establishing the needed security of Iraq for the RV. It was not coincidental on their timing and how it was managed. So there is one piece left to this puzzle and we wait for it. Will it come before the end of the year. I believe this past piece (the National Guard law) must be passed in parliament and ratified prior to the USA letting the RV go. Could this too be a reason for stalling the RV, as it seems now to be stalled for some reason.

We were told a month ago that they would revive the Customs & Tariffs and the implement a new Income Tax   also in mid December. Still no word on this progress but we know there is pressure for both and articles over the last couple days told us this. We know they need a value to their currency for both of these efforts or they will fail. My personal feeling is that they were a bit premature in their timing of announcing these efforts I the past, thinking the RV would have certainly occurred by now. We probably will not see anything on these until after an announcement of an increased value to the lower denominations and maybe even after the revaluation of the currency.

We witnessed the very first meeting of the Federation Council (state Congress) over last weekend and its connection to the Reconciliation effort. We now see Saudis moving back into their embassy for the first time in 20 years and this is all good for the reconciliation effort.

Today we see in the passing of the 2016 budget compromises being made with Kurdistan in oil revenue sharing in return for holding on to full revenues of Kurkirk region oil, something I have talked to you many times would happen and was in the new  oil  law (amendment to HCL). This reflects to us this new oil law is a done deal or it would not be reflected in the budget and their budget would still be under negotiations and not already passed. But it is now passed and will be ratified shortly.

Update: Fighting ISIS

Kurdish forces backed by coalition air strikes have repulsed the most serious attack by Islamic State group in Iraq in five month.

Among the sites targeted by IS was Bashiqa, where Turkish forces have recently been training Iraqi Kurds, sparking a row with the Iraqi government.

Meanwhile at the UN the 15-member Security Council adopted a resolution aimed at starving IS of funds.
It urges countries to "move vigorously and decisively to cut the flow of funds" to IS, such as by preventing its smuggling of oil and antiquities.

One more item today:

Let’s not forget to keep praying for the success of THESE IRAQI AND COALITION SOLDIERS. I believe their success is in part some of the acceleration of the process we are now witnessing.

“Lord, protect Abadi and all who stand with him in righteousness, the Iraq and Coalition Soldiers who are fighting the good fight against terrorism, that they would be shielded from the enemy and would be Victorious against them! We ask that the Victory comes swiftly and healing of the Iraqi peoples and all whom have been effected by these evil doers can begin! Amen!

Till next time…. Auf Wiedersehen!

Peace and Luv To Ya All,
Mnt Goat





pinkroses said
08:20 PM Dec 17, 2015
frister wrote
3m ago
Tennwolfman wrote 4m ago going to bed now- just wanted to say that tomorrow the rates will be took off hold and our time begins
Roadrunner wrote
3m ago
Ok guys this is the best they will let me say,, We are there. we all should be done way before Christmas. DO NOT bye any more currency. Nuff is a nuff. Rates are very good. Please pay it forward. Our journey is over.
Tbirdd wrote
3m ago
Big.. platinumrunway wrote: Confirmed: Memos went out today to all banking institutions. Call centers will start calling their people in sometime tomorrow. Banks notified to EXPECT mass exchanges from now through Christmas....that’s all i have for now.

LadyC wrote
8m ago
From what I just rec'd we is not on the verge...we is slidinging over home plate ....very soon world series finally finally over
LadyC wrote
7m ago
The tariffs are confirmed as Activated...4 joy...HCL passed...Budget passeed...confirmed...printing in
LadyC wrote
8m ago
in Gazette confirmed...all currency traders 72 of them in Iraq ordered and enforced to no longer accept or sell USD.
LadyC wrote
6m ago
from what else they said CBI should be posting new reality rate on CBI website...4 joy 4 joy...there is the announcement we are looking for.


platinumrunway wrote
32m ago

Bank employees already at work on east coast

platinumrunway wrote
32m ago

Call centers also

platinumrunway wrote
31m ago

I guess they will do one dry run once the west coast gets together

platinumrunway wrote
30m ago

All banks participating in currency exchange process

platinumrunway wrote
29m ago

My assumption is everyone is gearing up

platinumrunway wrote
28m ago

I was surprised Roadrunner was saying goodbye so soon

platinumrunway wrote
26m ago

They did checks on the system up until 1 am on east coast

platinumrunway wrote
24m ago

Place holder rates and should change sometime today to exchange rates for processing.

platinumrunway wrote
23m ago

Guys dont call banks they are still some that will give you the same song and dance.

platinumrunway wrote
22m ago

Now everyone is supposed to be on the same page today so we will see how this plays out.

platinumrunway wrote
20m ago

Ther was a minor human blockage but that person has been warned dont interfere any further.

platinumrunway wrote
19m ago

Greed is a sad thing and thats all this is about

platinumrunway wrote
17m ago

When you have individuals that can capitalize off of it not going thats dangerous.

platinumrunway wrote
20m ago

Witching is putting it mildly

platinumrunway wrote
18m ago

Pay attention to the Magicians in the ME watch the misdirections and u will start to figure it out.

platinumrunway wrote
15m ago

China magician one, Iraq magician 2, The US holding the hat, wonder if they will pull the rabbit out this time. Pay close attention also to the assistant (the market).

platinumrunway wrote
17m ago

Usually someone captures it i just decided to come out from lurking becasue of bad intel from certain sources.

platinumrunway wrote
17m ago

Everyone will go at the same time

platinumrunway wrote
16m ago

My wealth manager is setting up now in preparation


platinumrunway wrote
26m ago

Goodsnag thats just it, they really do not need the market to close, plan by design to catch everyone off guard

platinumrunway wrote
24m ago

When everyone was confirming what i was hearing there was a reason. PTB cannot hold the hot potatoe too much longer.

platinumrunway wrote
21m ago

Its not just one person, its a group of individuals with their own agenda who profit with or without an rv.

platinumrunway wrote
19m ago

Stay grounded guys the weekend should be very interesting!

platinumrunway wrote
15m ago

Im not calling it guys

platinumrunway wrote
59s ago

Suggar in a nutshell The weekend should start to look very well