Dave Schmidt: This week's update is simple and short. There is little new news to report other than the logistics of the RV is done! We are now waiting for the top decisions makers to release the RV process.
The Sedona Connection:
Dave Schmidt: This week's update is simple and short. There is little new news to report other than the logistics of the RV is done! We are now waiting for the top decisions makers to release the RV process.
Cause of all delays, delays of hope in prosperity being targeted.
Investment Watch Blog
Good afternoon as you will read in the above blog, it's your tax dollars at their best always affecting the common citizen. If you were to ask me IMHO these law makers already have exchanged, diversified in other currencies and maybe they might have acquired another citizenship.
The news of this law is not new but the cowardly way that they stuck it to all is and so is its timing affecting all dinar and done holders.
Things have not transpired as a go by the US of the actual RV simply because of what they in Washington call, "these imposed but necessary loose ends."
With respect on all this RI announcement issues from my end sources none have been seen till this moment. If this was to RI ( 3.22 before the war ) it will only acknowledge to the world that Iraq is back to the international arena.
Usually RI go up to their new original value within the first 72 hours, so please do not worry.
On the issue of the original plan we are good to go and nothing whatsoever has changed ( nor in rate, nor in conspiracy to nda's, nor policy. ).
Just you be ready with your to do list, for you will be in and out of this bank ordeal swiftly and with a lot of spare change.
Now back to this blog issue, if I was you I would be like a wolverine right about now, calling everyone including the President, the press for this is indignant, it is unjust, distasteful, rotten and uncalled for, to all Americans.
Be blessed and Happy Journey's.
The RI Did Happen - Good News for Us!
Hi Everyone. Today in my southern Bavaria village we are making the final preparations for our annual event called Maibaum or Maypole This event for us happens on weekend Mai 3-4 this year (always on weekend of Pentacost Sunday). I wish all of you fine dinarians could attend and meet all peoples of the village. We could sing and dance together then sit and talk long about the good news about the Iraq revaluation.
But we are so far away…..so I am making this news letter because I must come to you once again and explain some findings about this IQD and recent events.
As I described in last week’s news letter I believe we are in the final round of a fight and there is now a countdown. Who is knocked out and now laying down on the mat? These are the people in the USA government who have been stalling this RV with Iraq. They formally agreed to the RV out of pressure and then are bent on holding it up as long as they can. Agreement after agreement they have make and then break. This past weekend we experienced a typical case of these stalling tactics.
So let me now start from the beginning so you can understand just want transpired over last weekend.
During last week the CBI and GOI of Iraq finally put their foot down and wanted the USA to commit to a final real date on when they would complete the international rollout process of their country’s revaluation.
A revaluation not a reinstatement was agreed to at this meeting. The rate was set for $3.71.
In these negotiations they (USA, IMF and Iraq) agreed to a final rollout date of Friday 4/25 date with a backup date of 4/27 in case last minute issues arose or the had technical difficulties.
You see already these crocked people in USA were setting the stage for yet another delay since they already padded the timeframe with a possible excuse. The reality was they had no intentions of even completing the rollout on Friday or Sunday and would just use another excuse when the time came. I know this for a fact. This is what is so disturbing to me.
So my office waited in anticipation to see just what would transpire and sure enough like clockwork, on Saturday morning the excuse came. The excuse this time was that the oil credits with another country were under dispute. The negotiations would take a day or two, passing the window of opportunity for this week’s rollout. So here we go again…. This bad news was then disseminated out to the intel gathers as propaganda once again. Most believed it and swallowed it hook line and sinker.
This information was then passed on to Iraq through channels since they would have to know first hand if the RV rollout was completed. They would have to approve the posting of their new website (controlled by the UST) with the new rate and finish a few other details.
So what was Iraq’s reaction to all this?
First let me explain that when the GOI negotiated last week for the Friday timeframe they were very much against any buffer date of Sunday. They were so upset with even delaying it until Friday’s timeframe. The final stages of the rollout has been delayed now since December of 2013 over and over again. No more excuses!
I believe Iraq’s reaction once they heard of another stall was simply that they grew tired of waiting on the USA to get over whatever they were doing holding up the RV, which had been approved and agreed upon since last December.
So Iraq decided to reinstate their currency, which they had every right to do.
They also have control over this process since they are now out of all sanctions and well on their way to ascension to the WTO.
The IMF also agreed to and fully supported this action taken by Iraq. In fact I heard from my IMF contact that the IMF actually advised this action with Iraq GOI.
This group of people I call the “elite entity” do not want this RV to happen since they are making billions every time it is delayed. Everything is about dollars and cents with these people and the power money holds. So as I said in my last news letter the changes that are coming are inevitable. These people in the USA government are only making it difficult for the USA now to save face in the final stages of this process.
Future dealings between the USA government and Iraq are going to be difficult and the trust factor is very low. This conflict will continue until at least 2016 when hopefully the American people will clean house of these crocked politicians once and for all.
Impact of this reinstatement
First let me say this reinstatement did happen.
Just because your intel source(s) did not yet talk about it does not make it go away. Let me now explain what the reinstatement of a currency is. For Iraq they are simply reinstated the sanctioned currency on-hold value to what it was prior to the second gulf war at a rate equal to the prior international rate. Normally they are also allowed to add on a 25% equity according to the 10 years following the war.
Since we all know the plan is to go to an asset backed currency values (which would determine this equity value) one might think the value would be around $3.22 plus 25% equity = $4.02. However this is not going to be the case since this reinstatement is outside of the Global Reset process. It gets complicated but they are not being allowed to add any equity to their rate at this time.
The Good News in all this Mess
As I stated in many, many of my past news letters this entire revaluation process has been one huge mess once the egos of the USA power structures and the greedy bankers got their hands in the mix.
Those directly involved in creating this mess should be fired and never allowed to hold any position of power or authority again in their careers within the government of the USA and thus also the UST. It is now your responsibility, in fact a duty, as citizens of the USA to find out who these culprits are and to ensure this process of justice is done. Is it the only way to ensure this madness stops in future dealings.
Remember that our democracy gets eroded bit by bit, a seemingly small event of corruption goes unpunished. This leads to even larger events and soon it gets out of control. A democracy is only as good as its citizens who take action even in such small situations. This does not mean violence since there are always ways to use the democratic process in such situations too.
Don’t let them fool you either by their double talk to try to justify what they have (or in this case have not done). It very clear to all of us. Either you did the job you promised you would to or you neglected your duties. Were these holdups intentional or really necessary? We appoint these people to represent us globally. Is this how we all want to be perceived by the rest of the world?
So now that the Iraq GOI forced their hand and through the reinstatement what does this mean to the us as investors?
This means legally the USA has 72 hours to complete the rollout process of the newly reinstated rate. Believe me some are jumping for joy and others are rolling over playing dead. Overall it is a scrambling effort to figure out the next step and to cover their tracks. In my heart I say why. Why does it have to be this way?
This is what I am hearing will happen
We will never see the reinstatement rate.
They will wait until after the elections are completed and the new Iraq government is seated (just a few days from now) and then less than a week later push out the full revaluation and complete the global currency reset (GCR). Until then the news media will not tell us anything of Saturday’s event.
It would be of great benefit to Iraq to come out at the higher rate in the later revaluation. The revaluation could be over $4.00 but at least $3.71 rate. It will be on a controlled float.
I know this for a fact so let’s not even waste our time arguing over such a moot point. They seek a $3.71 rate. For now Maliki has pushed the issue. I have to say this has been one of the most decent things he has done for Iraq. In fact when I heard the news I could hardly believe it and you all know I do not care for the guy.
From my perspective we are in good shape to see the RV soon, at least we are out of the stalling tactics that could have possibly held this up further. As I said they already had plans to hold this up way beyond last Sunday regardless of what they say or negotiate.
Truly Saturday’s action are a step in the right direction and we are moving forward again.
Peace and Luv To Ya All.
(Notes by Adept1):
REPLAY 805-399-1500 409029#
The call started three hours after our usual time because Tony tweeted that there was “a change in our situation”. Ray came on talking about chitterlings… Pam doesn’t eat them, although she likes pork scratchings. Tony recommends not telling Pam what they are until after she’s eaten them. Tony likes them, although it took him 24 years to try them! Tony: We have a special guest on the phone, so we’ll be discussing his looks and what he’s wearing…
Good afternoon, TNT! Today is April the 28th, 2014, 1pm Pacific time. O sent out a tweet saying we’ve had a definite change in our situation. There is great news going on, lots of meetings. We’re having a late call to give the power that be time to do what they do. It’s all good, and better than we were on Thursday or Friday.
Our special guest is 6’6”, 240lb, an avid skier and football player, looks a little like Richard Gere, lives in a mansion and drives a Porsche. So, DC…
DC: Every part of that was absolute falsehood, but I appreciate the introduction. WE had a very interesting weekend. Maliki declared on Saturday night, Sunday morning that they reinstated their currency and they are the wealthiest country. This has been confirmed by eleven different sources around the world. They cut off communications for a while, although they have started opening that back up. How long will it take the US to populate that through the banks? That is what they are working on feverishly on that now. Tony: It didn’t happen Friday like it was supposed to. M has an option, to go with the new agreement on Sunday, or … This is a chess game, remember. On Saturday, M switched up the game and pulled a rabbit out of the hat.
DC: There are several key steps before he was supposed to announce this publicly. There were some articles over the past three weeks, and several other public acknowledgments, and those have been made as well. So M just went back, said he had followed all the steps, and he decided to announce it all publicly. He even warned them several hours beforehand, but they didn’t believe him!
Tony: So… “here’s a wolf”, but it had been said so many times, they didn’t believe it. One hour later, he did it! That threw the US totally into a tailspin because they thought they had until Sunday night. So now they are scrambling to get it out for US citizens. So now we just waiting for people to get back into the banks and exchange centers. It’s a great position to be in. We’re right here, and there is a time line involved. We need tp be excited. The whole game plan has changed, and it’s still going to work out great for everyone. A few people didn’t like it, but we’re going ahead.
STAY CALM. Wait for the numbers to be released, for us to make the phone call back, to have your plan in order. Do NOT come to the bank with more than three people. They want you to be careful because it will be out there, and they don’t want anyone to lose their money or their minds. We are still expecting the instructions, and we will go over the NDA and the contracts with you. We will do a series of calls, and will have a banker on at least one of those calls.
DC: Life is good; they just need to finish this thing.
Tony: The first person has been us for 725 minutes… and if their first question is what does DC look like…!
Caller: I’m on Hawaii, and I had to set up my phone to call at the usual time, not realizing the call would be delayed. There aren’t any tier 1 banks here, none of the big five, so what do we do in that case? Is it safe to fly with our currencies? Will we have to deal with a tier 2 bank? Will our rate be less?
Tony: It won’t affect your rate, but maybe your amount.
DC: I travel with a lot of Iraqi currency all the time, and so long as you declare what you’re supposed to and you’re in the US, you’ll be fine. Honolulu has some big banks, so you might want to fly there. The reason the big banks are so involved is that you cannot get your loans and deposits out of whack. So to make a huge deposit, you have to go to one of the larger banks. The UST has special account for those deposits. However, if you go to Maui or Honolulu, you should have big enough banks, or you might want to hop over to LA.
Caller: Even Honolulu doesn’t have any of the big banks. I was concerned that a bank might take the money and ask questions later…
DC: the people briefed on this will ask how much you have, where you got it, and such, and they should be alright. I have flown through Hawaiian airports with a lot of Iraqi currency on me, and it’s always been okay. You won’t have to worry about that inside the US. If you fly outside the US, you’ll have issues declaring it with customs. If they ask, and you have a legitimate reason for having that currency and your receipts, you’ll be okay. They do have big enough banks in Honolulu to handle this, because the Navy has the ability to handle service members there.
Caller: I’ve had a vacation planned for Friday; maybe that’s not a good plan if this is happening right now. We’ve always said not to change your life, but my trip is for two weeks; will I lose this window?
DC: I believe you will be able to get everything done before Friday, and you can fly first class. If not, take your phone and it should be okay. The way things are moving, you should get everything done by then, especially considering HI has the lowest concentration of dinars.
Caller: When we leave the bank, we should have a receipt that the money has landed? DC: Yes. Make sure you have that paperwork, take copies, and file it in the right places. Then have fun1
Caller: Please repeat M’s statement?
DC: M called the US and said he would be announcing the reinstatement; that was Saturday afternoon. Then he called back, said that he had made the announcement, and please could we start the procedures!
One reason this currency will increase to at least the three dollar range is that for 30 years, until Saddam Hussein went crazy, the rate was pegged at three dinar to the US dollar, and then it was $3.22. One of the things the US does is to sanction their country when they are being naughty, and also to devalue their currency so that they cannot buy weapons and such. We devalued their country, and they said they would reinstate the rate, and that’s what we think it will come out at. There may be a further negotiation to make a revaluation.
Tony: We know the bonds sold and the cards show $3.71. So the fact that M didn’t revalue but did re-instate the currency, why is that good for us?
DC: The reinstatement puts the currency back to where it was. The revaluation recognizes the assets backing the new currency, and there will probably be a revaluation, and that could be in the next few hours or the next year. Iraq is actually well lined up to do a revaluation.
Maliki has the authority to reinstate the currency as a result of release of Chapter 7, and because everyone in the relevant committees and organizations has agreed that Iraq can choose to RI and then RV, if the other countries agree. The agreements nine days ago gave them that choice, with a baseline rate and a higher rate. There were negotiations and a couple of different points. It was easy to make an RI, and hard to refute if anyone chose to challenge it. It was easy to keep the high ground if there is an argument in the future.
Tony: M had the authority to do this any time in the last two weeks. Now that the RI has happened, and because the RV was holding back the GCR, this announcement has removed the Iraqi dinar from being the lynchpin, and we can all move on. He cannot use that piece to stop it any more.
830 caller: I know they were trying to keep confusion going to the banks, in the past. It seems to me that if you put 800 numbers on Twitter, then people who don’t know what it’s about will call in and create confusion.
Tony: The only people seeing those numbers are dinarians, and they know what to do. Also, we will have calls to explain the NDA and contracts.
Caller: I thought this thing went worldwide. Okay. Do you think brokers will offer the market rate?
Tony: Frank at Sterling says that is what he will offer, and that market rate will be what it’s traded at, so it should be higher than the international rate.
903 caller: I’m glad it’s nearly over!
Tony: We are closer than we have ever been, that’s for sure. We got the call Saturday night, and they’ve been partying ever since!
DC: They have only just restored the international phone lines.
Tony: They have parties planned for the next three days… Let’s get it done!
443 caller: Do you know the criteria for deciding who will get the contract rates?
DC: What we have so far is that you will have three different rate options, and each has pros and cons. You’ll be able to choose. Some options will fill up faster than others, but you get to choose. Some will have a max amount that they will allow. After that, they will modify the groups and the process. Our understanding is that most of those options are pretty wide open, and the highest ones will be sufficiently restrictive that most people will go for the middle options.
Caller: Do you know what those restrictions may be? Are they coming from the bank or the UST?
DC: That’s coming from the banks, UST, and Homeland Security (for fun). There will be some other aspects that I cannot get into , but they are very positive. The way we understand it right now, there will be at least three different options through the banks. This RI has changed things, and they are in the meetings discussing that now. These options have pros and cons. The highest rates will have more restrictions of movement of the money, and stricter NDAs, for example.
Tony: Do we know what some of them are? Obviously. We’ll go through them when we get the package.
DC: That’s why I’m purposely sounding vague.
Tony: We’ve heard some things we like and don’t like. We can only go through it all with you, and you can make your own decision. We’ll have that information, hopefully on the first call and if not by the second call.
Caller: Is the chess match over and now we’re pulling our pants back up from the RI?
Tony: Next question!
Caller: Is there any way they can still stop this or skirt around this so it can’t come out to us, the general public?
DC: Is there a way that the general folks holding dinars will be kept out. Realistically speaking, NO. You can’t have a public revaluation and not honor your own currency. Can they take extraordinary measures to kick out the US? Yes, but it’s very unlikely. Rates and dates are still up in the air. Most people don’t care about the US citizens getting this or not getting this. They do fear some potential actions, but most want this, regardless of political parties or power. We’ll get this; it’s just a matter of how long it will take.
Tony: The RI has now happened officially and it’s been accepted around the world, AND two weeks ago the US signed off on this… what possibility of this thing going sideways? We’ve already agreed to it, so…
DC: When you’ve taken the real players off the chess board, and only pawns are left, it’s hard to play a good game. Most of this is already cast a long time ago, and resealed two weeks ago.
Caller: Thank you. Newbies, go into the forum because there’s so much information in there. Thanks to Tony, the team, the mods and DC for everything you do.
DC: I have a good question by text: Where can we find the announcement of the RI? Is this a tactful move for votes? You can find that in the next day or so, although it’s been taken off international websites because the US public doesn’t know yet. That will change because of the recent agreements. It will most likely come out as “Iraq is rejoining the world economic system, and reinstated their currency to former values.” That’s innocuous to everyone but us. And yes, that will be good for votes; that’s why M did it right now. It will help many politicians.
Tony: The BBC announced that M reinstated the currency before he actually did it. this morning, on CNN and the BBC, they told people to be aware of a global currency reset and that everyone will have to move swiftly. Someone I know read it in person. 818 caller: You said the timeline has changed; will you give the new timeline? It sounds like it is before Friday…
DC: Our understanding is that the timelines are measured in hours or maybe a day, not long.
Caller: I hope that makes everyone happy! What are some of those things that could screw this up for us? And who wants to do that?
Tony: You just want to be negative all around! It doesn’t matter because it’s not going to happen. We’ve gone down the public road already. It’s international, and everyone’s ready to go today. The meeting right now is about how to make it more positive! They are ready to go.
DC: A lot of those actively working against what we wanted were doing it for their own purposes, and now they have most of what they wanted, so they are willing to let it go and help everyone else win as well. That’s what has been going on today.
Caller: But they may not be onboard and making it wonderful for the rest of us. What can they do to stop it, from what you said earlier? We have been banging against this wall for so long now, so we just want to know…
DC: How is this different from other times? How can they mess this up again? There comes a point when everyone has to realize the game is over and we have to move on. There are some who will never realize it, and they have to live with that. We cannot fix those people; all we can do is realize is that the tide has passed and we need to catch up because otherwise there won’t be anything to float it. They tried some tactical stuff, and they could try more, but the cost is so extreme now that if they want to bring a complaint, the game is already lost and they’re throwing themselves on the fire. They could cause a little delay but they’ll die doing it.
Caller: Are these people who have been fighting against this people we should know about as Americans facing the next election?
Tony: Should we know who they are before or after we get to the finish line and they cannot affect it any more?
Caller: [more of the same]
Tony: We are right at this end point, a critical juncture, and waiting for an announcement; the last thing we want to do is to fan the flames again.
Caller: Most of us cannot get into the forum…
Tony: Hold on, let me check with Pam. We had 40,000 in the forum and we switched over and brought it down to 25,000, and we still have some people we don’t want in there. How about if we leave it open for 24 hours after the announcement, so that people can go in, get what they need, and then we’ll shut it down. At that point, we won’t care because everything will have happened, and we have a list of knuckleheads we want to eliminate from the new site. I’m asking, but she’s not saying, so we’ll discuss it afterwards. Caller: Maybe on the call after THE big call, maybe there is a way we can submit the questions in writing and you can answer them once.
Tony: We will probably do that right in the forum so we can go through everyone’s questions and answers for the next call… general questions, not personal situations. Caller: Can someone on the forum ask how the RI affects the dong and the rupiah?
DC: It does affect currency values. If you have something you expected to be worth 10 trillion and now it’s worth seven trillion, that’s an effect. However, because the RI and RV are happening at different times, it will adjust currency values. The RI is a very good rate, but the RV may well go higher. Everyone has been scrambling because they were expecting the RV and got the RI first, and that affects many aspects.
Tony: I cut someone off, sorry…The meetings today are because the rate changed. They have to go back into the system and adjust a lot of things.
DC: These things are not difficult to do, they just need to do it. Most of these procedures are already prepared. They have worked through this scenario many times. 818 caller: Let’s pretend I’m the bank and you’re cashing in. When you come in, they give you a decent rate, but at the moment of exchange, they don’t have a Delarue machine. What do you do?
Tony: So they give me a decent rate but no Delarue machine, then I would take the receipt and my money. So long as they are showing correct accountability, I’m not worried about counterfeit notes. I bought my currency from Stirling and I trust them. If you bought them years ago, from ebay or from unscrupulous sellers, then you should have them verified beforehand. I have confidence that this will not be an issue.
Caller: I’m not worried about counterfeit, but about them shipping them to wherever, and then they SAY that they are counterfeit, and then don’t give them back.
Tony: Then if that is a concern for you, find a bank with a Delarue machine.
Caller: If I give my children currency, how do they cash them in if they’re under 18?
Tony: I don’t know if there is an age limit for exchanging currency. But if they are underage, I would put that currency in a trust and let that entity do the exchange. 808 caller: Good morning from Hawaii. Most of my questions have been answered. I hope you will open up the forum for 24 hours so I can pick up some things I might have missed. You can travel with dinar; I’ve had a coupel million dinar in an envelope in my backpack, and I had no problems. I have been to three banks in HI, none have Delarue machines, and at present, none of them exchange dinar.
Tony: They have told us that you will not have to fly anywhere, so there will be a bank that will do your exchange in Hawaii.
Caller: Do you think there is anything holding up regarding the WTO, DFI or contracts?
Tony: All those things have already occurred! We told you so last week… it’s on the cards, on television, in the WTO, back in the international community, so none of those issues apply any more. We are not seeing anything about oil credits either; they are just waiting for the international release, and that happened Saturday at 7pm. That’s now happened, and they will make it public as soon as they decide these last few things. It’s at the banks, on administrative hold right now.
Caller: That is great to hear! Regarding the dong, why is there speculation that the dong will RV at the same time as the dinar?
DC: We need to separate the RI and the RV. There was a lot of back and forth about the dong being involved with that. The dong is there primarily for China’s purposes; it was the obvious next step for the next currency to RV. If they changed the rules with the RI, it will change with the dong. We understand that it will still be in the RI or RV basket, and we’re just not sure where it will land. They didn’t want millions making millions off the dinar and piling it into the dong, so they will have some restrictions on further purchases. Many want it all in the same basket, and then they can do the other minor adjustments at a later date.
Caller: So we may have to make a second appointment for the dong at a later date…
704 caller: My thanks to you all who have blessed and helped us. How can we put our dinar in one bank, and dong in another bank, but only make one appointment?
Tony: After you do your exchange, then you can move money to another bank. That’s what I will do. They will give you cashiers checks to do that.
Caller: The Top Ten list in the forum, and one says to put “all rights reserved” on everything. What does that mean, exactly?
Tony: You reserve the right to change your mind! But ask a lawyer. Most people won’t let you do that.
Caller: Will you have to sign an NDA if you take the international rate?
DC: Right now, no, but it’s so fluid that could change.
Caller: Do you think ten of us could get together and buy the Clippers?
Tony: NO, because I want to buy them by myself! <laughter> My plan is to become a minority owner of the Raiders and the Chargers, and maybe minority of an NBA team (now that one is coming up for sale in California). Money doesn’t make you smart; it makes you a rich dummie, and that sale proves it yet again.
435 caller: We’ve been on since 6am this morning! Do you have any idea if we pay off our reserves with what’s already in there, can we have them transfer it as dinar?
Tony: You want the physical dinar.
Caller: I understand they don’t have anything but their own rates. We have dinar on reserve at Sterling, and we can pay off the reserves with what they already have there. They have the market rate, not the contract rate, so… if we decide to go for contract rates, is there a way to ship it to somewhere other than our physical address in Hawaii? Tony: You’ll have to call and ask them directly.
Caller: We have been listening since December and we have never been able to get on the forum. You said you would open it up but not until after the RV?
Tony: I am so ready for that, but the woman around me are temperamental and they don’t want the forum open because they don’t’ want to deal with the people. I did ask, but we’ll have to see what answer they come back with.
Caller: I’ve read some of the books, but need to get some of the others. What’s the one with Island in it? The Creature from Jekyll Island? Okay, thanks. Why would anyone in their right minds ask on the air what they could do to screw us up? If they haven’t thought of it, why give them ideas?
Tony: That was a good comment because we know they’ve been listening for four years, and gone back and changed laws so that we cannot do what we’ve suggested. We know that the exchangers are back in the banks and exchange centers. DO NOT CALL THE BANKS. We give you this information from those behind the scenes, not the tellers; they don’t know what you know, so let’s not do that in the branches. Have faith that I’ve talked to several of them this morning, and they are all ready to do business when the time comes.
919 caller: What is Wednesday?
Tony: It’s April 30th.
Caller: That was the back wall date, remember?
Tony: It’s a great date!
Caller: With an entrepreneur, the buck stops with him. The government employee gets to change his mind. So if the back stop is April 30th, how do you feel about that now? Tony: I feel great, and DC feels even better. He even told that lady she can go on vacation on the Friday. What we are telling you is already past tense, it happened over the weekend. It’s already done.
Caller; Being an entrepreneur, I knew my plans had to happen. I have a great prayer line to the Lord, and I’m going to pray for anyone who tries to screw this up.
Tony: We are going to ask God to give our politicians an entrepreneur’s mind and heart. Caller: All these things happening, we have to have the entrepreneur’s mind as well as heart. In the end, we have one person to answer to when things go wrong. My saying is the Golden Rule: he who has the gold, rules, and also has to have the entrepreneur’s mind and heart, and also the great heart to give to the world. And DC, you have a wonderfully sexy voice! I don’t know how tall you are… Be kind and good, because we have to have this finalized.
Tony: Pam started all that Adonis stuff in the chat room this morning…
212 caller: I just hope the Rothschild and British monarchy don’t have to sign off on this. Also, could you explain a bit more about the difference between the RI and the RV.
Tony: It’s already done.
DC: The RI is the reinstatement of the old currency’s value, with was 3.22. That was an easy agreement. The RV acknowledging their economic worth and physical assets in the ground, on top of what they had. We are having an RI instead of an RV; the RV could happen at any time. However, one major factor is now out of the way, on the sidelines. Tony: It is now easier to do the GCR because the Iraqi dinar is no longer the lynchpin. M has done the RI already, and more than likely, the RV will occur within the GCR like all the other countries.
DC: That is a high probability, because you don’t want to have too many of those at a time. The rest are moving to an more asset-backed currency system rather than fiat currencies. A large part is convincing the world that everybody has the same values. It’s easier to sell them one thing at a time than two big things. So yes, I do think the RV and the GCR will happen at the same time. The dong has been more of a ping-pong battle in the last few days. I think it’s IN with the RI, but I’m not certain.
Caller: Are there any other currencies that will be included, as well as the dong.
DC: I think we’ll gracefully back out of that one. When M pulls the trigger, then everyone is on some pretty tight timelines, and every said they would take it, and worry about the details another time. This is a really tight window. However, you cannot give an exact time because these are huge financial transactions, so you need to give them some squish time, so to speak.
678 caller: I’m doing super-fantastic as well. I do want to give Pam some advice… if she wants to try some chitterlings, she’d better know who’s cooked them!
770 caller: We’ve been in a holding pattern, and some are struggling; would you say our struggle is definitely over?
Tony: You’ve been listening to Anthony Hamilton? You don’t know who that is?! He sings Struggle No More, one of our theme songs here. We are at that point now.
Caller: Are we going to be healing before the end of the week?
Tony: Yes, and I got that straight from DC, just so you know! <laughter>
Caller: If this is truly it, we’ll have the last laugh.
Tony: The greatest revenge is to live well, and that’s what we’ll be doing. That’s my goal.
Caller: Now I can send my youngest daughter to school…
Tony: That’s what we’ve gone through this struggle for, to do those things.
406 caller: Once we exchange dinar and dong, there seems to be some confusion about whether they go into asset-backed dollars or not. Should we use a multi-currency account and put ti back into dinar?
DC: I’m going to stay away from the Treasury note stuff, because there are so many misconceptions about that. You can keep hard currency as a percentage that you are happy with. I’m not a financial adviser or an attorney. My own strategy says it’s always smart to have other currency investments and other currency-denominated stuff. Let’s say I own an oil field in Canada, in Canadian dollars, or stocks outside the US, those are denominated in other currencies, and that’s a smart thing, knowing that you will have to convert back to US dollars if you want to spend it. That’s a good idea as a hedge, and for diversification.
Tony: You do this, I do that… people need to understand that these require a lot of research and knowledge to do these things well. I belong to a lot of investment and government sites to get the knowledge of what the world is doing and what my money is doing. Don’t hthink you can put funds into multiple money accounts and assume you are going to make money.
DC: But you can mention it to your financial adviser that you want to have some conservative investments in other currencies that fit your personality and your time line. I like to work 60 hours per week, and I like to keep up with what’s going on in Lithuania. Not everyone does, and you don’t have to.
Caller: From a standpoint of being safe, the Fed notes are not asset-backed, so wouldn’t you want other currencies if the US dollar is devalued in, say, July? Would you do that?
Tony: It’s hard to answer your question, because we know what currencies are involved in this revaluation, and we also know which are the next currencies that will be revalued, or at least have a good idea. So it’s easy for me to say what I’m going to do to make more money, but it’s different to see what you should do. There are lots of countries that are at the bottom and will end up in the middle. There will have to be some back and forth, and you have to look at the history of those countries and the whole world to see the clear pattern of which currencies are Basel III qualified… but you have to follow the breadcrumbs to see all that.
404 caller: Since this RI has been announced, do you know what countries have now recognized it, formally and publically? Is there anywhere you can exchange now?
DC: Yes but most of them are asleep right now. That’s why there is a timeline right now. It’s a forcing function and that’s a good thing.
352 caller: I am definitely super-fantastic after this call. I have a couple of women here who are asking what DC is wearing right now! <laughter>
Tony: They’re taking bets on briefs vs. boxers…
Caller: If Pam on the line?
Pam: Why, do you want me to throw someone under the bus? I have to get my licks in…
Caller: This is why I asked for you. I know that there is information on the forum that will help a lot of people before they go to the bank. If you could open that up right now to read and absorb what’s in there BEFORE the announcement, it would really help a lot of people. I am hoping you will consider that.
Pam: I have to discuss this with my bosses (Angelic and SoREadyForIt) but the only way I can see that would happen is to make it a read-only site. I don’t think we can do that for our members.
Caller: I see what you’re saying. Maybe you could you make part of it read-only? See what you can work out. When do you think you’ll have the package?
DC: We’re waiting on it now.
Tony: We don’t know the minute it will come. We got calls over the weekend but we still don’t have it.
Caller: A guy on Twitter said that the 800 number was burned into his breakfast toast. Can you confirm or deny?
Tony: I cannot because he didn’t’ invite me for breakfast!
252 caller: You know how we have the replay; what’s the pin number again?
Tony: I understand your question, but you really meant you want to talk to Pam, right?
Pam: The replay numbers go to www.tntdinar.com, and click on Live Broadcast, because that has an instant replay as soon as this call is over.
585 caller: If is comes out as an RI, is there a possibility we’ll have to wait for the contract rates because that is tied to the RV?
Tony: When we get the package, we’ll be able to tell you that.
DC: From what we understand, we have a very fixed contract rate already in there because of agreements made nine days ago. We are making a mad scramble trying to get this figured out because we were planning on an RV rather than an RI. All the same, the contract rates and the process is still in place. IF there is a change, we and a few other gurus are being lined up to explain that to people, with bankers if necessary.
Caller: If you are traveling or out of state tonight when we get the 800 numbers, and you want to go for the contract rate, can you set it up in the state you’re in?
DC: You should be okay, but you should check because there may be tax implications. We’ll have more details in our packets, but that’s a good question because many will have to travel to other states.
Caller: We don’t have state income tax, but if we’re in NY on business, they’ll try to grab their state income tax.
DC: That should be in the packages we have.
Tony: Okay! This is a great day to be a dinarian! We’re in a great position. Let me say this, though: if it doesn’t happen by tonight or tomorrow morning, it doesn’t mean it won’t happen. We know that it’s a limited time before it’s very public. We’re feeling very good about today, tomorrow, the 30th. The actions have been taken, and people are getting excited about the information we got on Saturday. So it’s being exposed to the whole world.
DC: Things look phenomenally great, and getting heated up. Keep your phones on you, on high. We are pretty darn close.
Pam: Thanks to the two of you for exposing it, I’m loving it. I’m taking my phone to bed with me tonight!
Tony: Okie just posted this, too! Is Ray here?
Pam: He would say DITTO!
Tony: We delayed the call because we hoped decisions would be made faster, but hope we will have a late night call or first thing tomorrow. Thank you to our mods; they will NOT answer questions or give you insight from us. They are only there to moderate the site, so please don’t beat them up. Thank you, transcribers! Enjoy your day!
Baghdad – Mostafa Hashemi. Expectations of an increase of non-oil revenues by 32 percent.
At the time predicted by the Ministry of Planning to see the revenue derived from the productive sectors of the non-oil increase 32 percent by 2017, show the need to reconsider the issue of the financial allocations to ministries and economic legislation in order to achieve better performance of the national economy and reduce dependence on oil as the sole source of the budget where accounts for 95 percent of them.
Saw a specialist to increase the financial allocations to the ministries concerned does not significantly affect the development of the productive sectors as much as it affects the legislation of laws and take a series of economic reforms, while disagreed specialist another saying that to increase allocations big impact in developed the condition and existence of controls on dispensing. In this regard called economic Dr Majid Baidhani those in charge of the economic sector in Iraq to the development of the productive sectors of the non-oil through the allocation of a greater portion of the oil revenues to support industry, agriculture and other productive sectors in the country. added Baidhani told ( morning):
“The proportion of revenue derived from the mentioned sectors did not match the potential of Iraq’s natural and human resources with an increase of only 5 percent, while the proportion of the budget revenues from oil of 95 percent is reason to reconsider the increase of financial allocations for ministries to develop performance and activation of important sectors such as industry, agriculture, tourism and other “, adding that” the increase allocations her will Feasibility provided there is effective control over how it was spent in all that would improve their performance. “For his part, said economist Dr Ali Anbure:” We must take a series of legislative reforms and enact a package of laws Economic consistent with what is going through the country to achieve comprehensive development in all sectors.“
He said in a statement to the (morning):” The increase of financial allocations to ministries does not affect much in the development of the reality of the productive sectors of the non-oil as much as it affects the implementation of laws and the correct procedures, “noting “Since years, Iraq is witnessing increases mounting in the amounts of oil revenues offset contained clear in the sectors of industry and agriculture, as well as the deterioration of the energy sector, which if witnessed stable reflected on the rest of the sectors directly.”
And stressed that “the absence of the economic vision clear and limited scope of governance and labor laws old has also impacted significantly as well as financial and administrative corruption in the lack of development of the productive sectors of the non-oil is devoted to the dominance of the oil sector for budget resources. “to that indicated the Ministry of Planning to the financial revenues derived from non-oil sectors will see an increase by 32 percent by 2017 from what is it now, as of 7 trillion dinars since the year 2013.
According to the ministry, it is also hoped that the high ratio to 9 trillion dinars in 2017, but this increase will remain in the low total against an increase in revenue from the oil sectors. He said ministry spokesman Abdul Zahra al-Hindawi told a news briefing: “The expectations within the five-year plan developed by the Ministry of Planning indicate that the bulk of the financial revenue derived from oil sectors by 95 percent of the total revenue for the time being, while the revenue of other sectors such as tourism, agriculture and industry, there are Efforts within the plan adopted by the ministry in 2011.
I GUESS U ALL HAVE HEARD THE RUMORS...RATES IN THE LAND DOWN UNDER THIS WEEKEND CANNOT CONFIRM BUT TOLD THAT IT WAS TIED TO A TEST WITH FOREX SYSTEM THEN A IN COUNTRY RATE IN IRAQ COUPLE OF BUCKS...CAN NOT CONFIRM THERE EITHER. SEEMS LIKE A LOT OF SMOKE. LOTS GOING ON WITH ELECTION.
DC We had an interesting weekend - Maliki declared Saturday night that they have reinstated their currency - confirmed by 11 sources. The old rate was $3.22. Key steps need to be taken before publicly announced. He just looked back and said I've followed the steps and am now going with my Plan B - it's all done. The US thought they had to Sunday night. Now all are scrambling to catch up. The timeline is measured in hours, maybe a day. [I had vacation planned and I am leaving the country on Friday...maybe this is not a good plan right now?] I think you will be OK. You can get it all done before Friday. We are having a RI and the RV can happen with in any time from hours to years. There is a high probablity they will move to RV quickly.
Goatman: Does anyone have a layman's definition of RI vs RV?? and why this RI can stimulate the GCR to activate?
RI = Reinstate. Let's Iraq claim the old (before the war 3.22 per USD) value and it is now internationally trade-able.
RV = Revaluation. Let's Iraq claim the new planned revalued rate 3.71 per USD. internationally. Which presumes other currencies including the USD have adjusted in their value (USD comes down, IQD goes up).
New IQD value is the lynch pin of value to kick off the GCR. Many countries have purchased IQD to bolster their reserves which justifies their countries new value based on the Basel-III partial asset backed plan.
So, without IQD having value, many countries don't have the reserves necessary (plus other assets) to justify their new planned GCR rate.
[KIRKWOOD] Do you guys remember years back...the dinar would go up in value in country....then after 3 days it would go out to the WORLD....3.22 would be turning it back on in country and that was sat morning...so 3 days later would tue morning right....lets hope and pray it will be the rv to the world.. (headbangbeer) (money) (headbangbeer)
[BlackKarma] Kirkwood lets hope
[kismet] KIRKWOOD That is what DC sounded like .......when it would all start happening
[KIRKWOOD] It is weird...this whole thing.. 12/1/2013 was the RV....LATER is was ??? Now it is RI....THIS whole ride has been like this...(beer) (money) (beer)
[chillimac] kirkwood they got 3.71 on there cards, they have been buying houses already
[KIRKWOOD] I will be so glad to get off this TRAIN... Yes..the bonds sold 3.71...cards loaded 3.71...IT is all so crazy with our gov and theirs....just show me (money) (money) (money)
[chillimac] kirkwood we talked to an iraqi lady on open mic, she said they have been buying houses and clothing on there cards and they were given 3.71
[rocknman] Personally I'm thinking something smells fishy at this juncture , just more time to talk about how to wait , this RV 'd on the 22nd now it all of the sudden has RI'd hummmm
[kismet] Maliki just pulled off a very clever one!! lol
[chillimac] rocknman if you go back to imf laws, and 13303 you will find it
[kismet] chillimac i sure do hope you are right..........will still believe it all when i am leaving the bank :)
[rocknman] chillimac just going by what tony & dc have been saying RV 'd already now it's unofficially RI 'd can't have it both ways it ether did RV or it didn't ?
chillimac] rocknman maybe thats what they were calling it, but meliki called it an ri
[kismet] rocknman did you listen to the CC? it shocked every one......a last minute thing when they had all agreed to an rv.
[BlackKarma] rocknman The way I see they said it on the call today it RV'ed but didn't go through because of the bickering.Maliki got mad and RI'ed it.throwing a monkey wrench in the workers.So Maliki just gave an RI enema to tptb.They have to rv it now
econeal7] BlackKarma Good explanation. I understand it the same way
BCGirl: Another Sxxxx update...
Salam alaikum brothers and sister,
Best call earlier. Now have detail to release to say Thursday 2 pm (Iraq) rates will adjust and media announcement AFTER at 2:30 PM to explain rate change and vision for new Iraq.
I have received now paperwork from Deputy of CBI to release if the rate not change, he give me document to show he is serious that it happen this Thursday and I must hold from speaking to journalist for next few days.
We agree. I say 100% this happen on Thursday at 2pm Iraq time and you see instantly rate change on all device around world.
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