Replay 805.399.1500, PIN CODE 409029#
T=Tony DC=DC Guy C=Caller
T- We’re going to do a short call...but first a public service announcement. .You know the RV hasn't happened and when it does gonna do 2 things..place it on our board, 3 sites, blast and tweet.
T- Tony Blast where I used to put out comments has been remodeled thanks to Pam and Soreadyforit...so people that don't have twitter can go to our site and get the tweets there.
T- You can just go an review it ...not 20 times cuz it does cost me.
T- Another thing....somebody out there sending tweets telling you the RV has happened with 800 numbers and giving you Okie’s phone number - you know OKie is 74 & his daughter-in-law is in hospital & he's getting calls during nite - he has to accept calls because his daughter is in the hospital…
DC - Good afternoon...Iraq...mosques announce govt is fully seated and will have celebrations on Mon T- On TV too
DC - Security...ISIL prevalent role since the execution...very much a force to reckon with but being dealt with in Iraq...diff in Syria. We continue to bomb them and make progress.
T- Iraq is superfantastic today! DC - Yes, entire world happy how they put it together. They are! everyone is happy how fast they got it together...incredibly calming and inclusive feel...Dr. Abadi incredible. T- Our first clue was Dr. Hagel.... DC- Sec of Defense...said PM Abadi not designate.... COM seated and everyone is calm..much more inclusive and said banking reforms.
DC- UN pleased as punch...done for a while except for announcements...focus on ISIS and what to do with them. DC full staff, full security and ready...agencies ready...banks too. DC- bickering about timing amongst key players - Understanding is that Iraq would like it done before their celebrations on Monday DC - Banks ready..contractors ready - right at the end...not much else out there.
T- Anything from contractors yesterday? T - They got written notification? 1:25 PM DC- ? huge contractor, builds dams etc....memo imminent rate change - wonderful positive thing...really, really close T- As close as it was last weekend before it got stopped. DC - Yes...not promising...this is the info as we best have received it. T- Still know people will do one thing and say another.
T- Because things are so public in Iraq...their people will have to question it...last thing you want to do is say because this country over here won't let us have it DC- "Our currency change is in the hands of the international finance community" is what they are saying. T- Everybody is primed and ready they just don't know when right? DC - yes, they are all ready but don't know when it is.
DC- locked into legal agreements and everyone is abiding T- Like the window we're in now better than Wed? DC- yes...final procedures..get it to where they will just knock it outta the park.... in the past any real time window got a way to delay....now a tighter window T- No one is hyping you up for the weekend so we can start over next week DC- Ah no, we are exhausted
T- Hopefully with Iraq doing everything possible saying we're ready to do this....it's really it. DC- We're not timing this for weekends or anything else...i work every day...people involved are so exhausted they don't care when it's done, just want it done.
(non-intel and news remarks will not be transcribed - they are talking about BLM wild mustang slaughter now)
C - Last night rumors not happening til Labor day about Bank of England, G20, Jackson Hole etc. Also hearing that the RV on first and bail in on 2nd…they could not honor the 25K notes… T- You have a lotta issues - not just you but whoever is putting all that out - you have a hundred issues...we answer one at a time C- It all boils down to will be able to exchange? DC – I am not on the internet..Pam gives me updates as well as some of the intel people.
DC - Now that we have central banks and speculators with IQN...they can't indiscriminately invalidate the currency. In dinarland...the more time in between information...the info doesn't change but some might start dreaming things up, some negatives..make it up.- folks who worry because we've seen not very positive side on PTB - natural desperations people have and people drift to the negative
DC- Huge massive actions going on...watch the action. ..not their words.
DC - We also know this has been stopped 100 times- it gets triggered & somebody harpoons it ..... that's happened a hundred times Is it lucky 101 that does it or do I just not tell you that they are gearing up once again? Me and T will give you what we have and now they are gearing up for 101
DC - Everyone has taken this derivative thing way off the map. Derivatives are off the books, you don't know where they are. Are there ppl who have placed large ones for massive currency changes. This worries regulators - a bank comes in and says folks we are worried about any currency risk. So we are buying a derivative to insure ourselves against that. Then there are those who say there aren't gonna be any real changes so we don't believe that crud. Others say there won't be any real changes.
DC - let's say that deal's been made - so nobody knows about these. They are private between financial institutions and X.- lets say there is a massive currency change, one bank makes mega and one gets nailed. This is what they are worried about - they don't know what's out there & what's coming up T - first, 99.9% will never be involved in derivatives. don't worry about it T - the bank has to come up with their own money to cover their debts. someone is scaring you for no good reason
T - 99.9% of you won't ever be involved with derivatives. DC - And you should not be worried about it - just say no
T - They are causing fear where there is none, and we are sorry for that, but we give you the process to understand and tell you to not get involved in something irrelevant.
C - Your tweet said Iraq has movement, handful of diarrhea - poooo and bag o' boogers T - We know they are publicly saying it is completed, done and will be introduced on Monday.
C - When i was little dad said, move it or milk it, PTB MOVE IT OR MILK IT Is the Fed meeting in Jackson Hole significant to us? DC - most of those guys are key and not having open discussions, everyone should be paying attention, just like Davos.
C - T and DC are you exchanging 100% of your goods in 3 days? DC - yes T - Hold on wait whoaaaaaaaaaaaaa - DC shouldn’t have said yes. DC - I'm lookin for the highest rate and it may not happen in 3 days. T - 1st mouse 2nd mouse, you guys know the story - you don't have to be the first in and first out. IRS calls that FIFO.
C - What is the rv process that allows them to stop it & prevent finalization? DC - the Stopping of it, the general stopping has followed few diff paths. 1. straight line technical sabotage T- I wanted to say that wed DC – 2. Not picking on a particular agency or country. All different in several diff countries - that's not just at US levels...it's happened at all diff agencies in several diff countries.
DC - 3. security with Iraq - ISIS, mozul, etc. Unfortunate part, logic would tell you political side would say speak now or hold your peace and it continues to backfire - other general purpose issues have been procedural and legal where attys got in the way - they continue Whack-A- Mole.
DC - Security situation is getting better - formal presentations monday.... very excited about this - here in USA, all ready, disagreeing on timing. Hoping for resolve soon - for those who like listening to us, we get that we in the 7-14 day process, so all need to be ready to go. they do not want to trick anyone so follow the directions you get.- hope and pray………….
T - We really don't know because it has changed so many times. I have to be careful when I say how or when I am doing anything.- will say 2 things... changed site... had to pay for it. We were hoping this wld be over with. I need to be careful cuz my history has people saying to me "I'm going to do what you do Tony." ... it's changed so many times. I have to be very careful about what I say I'm going to do...
T - It may be the first ones in get the contract. it may be the later you go you get contract. we do not know. I know some don't understand I do things for a reason that I pay attention to what’s going on. I still look for info to help me make my decision. I have to be cautious answering those questions. I hope WF will do their classes. I just want to make sure you have the correct info. Enjoy. Hopefully Monday will change our lives.