Saturday, July 13, 2013

Jester "Group Clarification" at I4U Friday Evening 7-12-13

Jester "Group Clarification" at I4U Friday Evening

07/12/2013

[Jester] HELLO CASTLE MODS, PEEPS, LURKERS, AND CRITTERS! HOW’S IT GOING THIS EVENING? POST TO FOLLOW AFTER HELLOS…

[Jester] THANKS FOR THE NICE WELCOME AS ALWAYS... YOU GUYS ARE GREAT!

[Jester] I WANTED TO TRY TO USE SOME LOGIC AND TRY TO MAKE SOME SENSE WITH THE EMAIL GROUP-NO EMAIL GROUP QUESTION… PAY ATTENTION BECAUSE IT IS A LITTLE COMPLICATED… AND IT IS LONG SO I APOLOGIZE IN ADVANCE FOR THAT…

[Jester] IT WILL ALL BE CAPTURED BY THE CRACKERJACK MOD TEAM FOR THE FORUM SO YOU CAN READ IT LATER AGAIN IF IT GETS TOO CUMBERSOME TO FOLLOW…

[Jester] FIRST LET’S BREAK DOWN THE DIFFERENCE BETWEEN STREET, BANK, AND GROUP RATE…

[Jester] THE STREET RATE IS SIMPLY THAT... THE EXCHANGE RATE ON THE STREET… OR IN THE SYSTEM…
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Read More Link on Right
[Jester] THE BANK RATE IS SIMPLY THAT AS WELL… WHAT THE RATE IS BASED ON WHAT THEY WILL KICK IN FROM THEIR PART OF THE DEAL TO WORK WITH YOU… THIS BEING BASED ON THE GOING RATE OR THEIR PROJECTION OF WHAT IT WILL BE WORTH WHEN THEY LIQUIDATE IT…

 [Jester] AND THE GROUP RATE IS A PRE-NEGOTIATED RATE THAT HAS BEEN ARRANGED FOR YOU BY THE NEGOTIATOR OF THE GROUP IN EXCESS OF 100,000 STRONG… THE EMAIL GROUP… AND THIS HAS BEEN DONE TO COLLECT THE DINAR FOR AN OUTSIDE INVESTOR USING THE BANKS AS A BROKER… WE ALL KNOW WHAT THAT MEANS… AND THEY WANT AS MUCH DINAR AS POSSIBLE…

[Jester] AND A BIT OF RECAPPING WHERE THE EMAIL GROUP DEAL IS COMING FROM…

[Jester] WE ARE ALL AWARE BY THIS TIME THAT THIS IS FOR A PRIVATE INVESTOR… CHINA… WITH THE BANK ACTING AS THE BROKER FOR THE DEAL… CHINA WANTS THE DINAR OIL CREDITS TO ADD TO THEIR RESOURCES… THEY ARE WILLING TO KICK IN SOME DOUGH TO GET THE DINAR TO USE FOR THIS… AGAIN... THEY WANT AS MUCH AS THEY CAN GET...

Jester] NOW… FOR ALL GROUPS… AND I MEAN ALL OF THEM… THE BENEFIT FOR THE BANKS IS PRETTY MUCH THE SAME…

[Jester] IN THE STREET OF BANK RATE SCENARIOS… THE BANK RECEIVES A CREDIT TO ITS FEDERAL RESERVE ACCOUNT IN THE AMOUNT OF THE DINAR YOU HAVE DEPOSITED… THE DINAR GOES TO THE UST…

Jester] IN THE GROUP RATE SCENARIO… THE BANK RECEIVES A CREDIT TO AN ESCROW ACCOUNT IN THE AMOUNT OF THE DINAR YOU HAVE DEPOSITED… THE DINAR GOES TO THE INVESTOR…

Jester] THE DIFFERENCE BETWEEN WHAT THEY BUY IT FROM YOU FOR… AND WHAT THEY WILL LIQUIDATE IT FOR… THAT IS THE SPREAD… THAT IS THE PART THEY GET TO KEEP… AND THEY ADD THAT AMOUNT TO THEIR CAPITAL ACCOUNT… AND THEY CAN LEND 10 TIMES THAT AMOUNT FOR LOANS OR WHATEVER…

[Jester] NOT A BAD DEAL FOR THE BANK… SURE THEY WANT YOUR BUSINESS… NO DOUBT ABOUT THAT AT ALL… THEY ARE IN THE BUSINESS OF LOANING MONEY TO MAKE MONEY…

[Jester] BUT TO MAKE THE BEST DEAL FOR YOURSELF IT IS ALL ABOUT NEGOTIATING THE SPREAD OR MAKING A DIFFERENT SPREAD SOME OTHER WAY…

[Jester] IN THE STREET AND BANK RATE SCENARIOS… THE NEGOTIATIONS WILL BE BASED ON THE GOING RATE THEY CAN GET FOR THE DINAR… BUT KNOW THEY ALSO WANT TO NEGOTIATE AS BIG A SPREAD AS POSSIBLE FOR THEMSELVES… THEY KNOW WHAT THEY CAN SELL IT FOR… AND THEY CAN ONLY NEGOTIATE SO MUCH… AND THAT IS YOUR NEGOTIATING POSITION FOR YOU WHEN YOU ARE ON YOUR OWN… NOT THAT GREAT… BECAUSE ALL THEY HAVE TO WORK WITH IS THE SPREAD THAT THEY CAN CREATE AS DESCRIBED…

Jester] IN THE GROUP RATE SCENARIO… THE NEGOTIATIONS WILL BE BASED ON WHAT THE NEGOTIATORS IN THE DEAL HAVE ARRANGED IN ACCORDANCE WITH WHAT THE INVESTORS ARE WILLING TO GIVE FOR THE DINAR… NEGOTIATIONS BY PROFESSIONALS WITH A GROUP OVER 100,000 STRONG… WITH AN INVESTOR WITH HUMANITARIAN INTERESTS AS WELL… NOW DON’T GET ME WRONG… THEY WANT THE DINAR… BUT THEY ARE ALSO WILLING TO TAKE CARE OF PEOPLE TO GET IT…

Jester] LET’S TALK ABOUT TAXES… I HATE TO BUT I AM GOING TO TOUCH ON IT… BECAUSE IT DOES HAVE IMPORTANCE TO THE TWO SCENARIOS…

[Jester] TAXES WILL BE ASSESSED ON THE AMOUNT OF THE DEPOSIT PUT INTO YOUR ACCOUNT… NO ONE KNOWS WHAT THE TAX RATE IS… BUT YOU HAVE TO PAY IT SO WHO CARES? IT IS JUST PART OF IT… QUIT TRYING TO FIGURE OUT A WAY AROUND IT…

Jester] YOU PAY TAXES ON YOUR DEPOSIT IN ALL SCENARIOS… IT IS HOW AND WHEN IT IS APPLIED TO THE TRANSACTION THAT IS IMPORTANT…

Jester] IN THE STREET AND BANK RATE SCENARIOS… YOU WILL BE RESPONSIBLE FOR THE TAX LIABILITY AFTER THE FACT… YOU WILL PAY TAXES ON YOUR DEPOSIT AT THE END OF THE NEXT QUARTER AS PRESCRIBED BY LAW…

[Jester] IN THE EMAIL GROUP SCENARIO… THE RATE HAS BEEN NEGOTIATED IN SUCH A WAY AS ALL FEES, SPREADS, COSTS, AND TAXES ARE TAKEN OUT PRIOR TO YOU GETTING YOUR RATE… IT IS TAKEN OUT AS PART OF THE DEAL… YOU WON’T EVEN KNOW ABOUT IT… SO WHAT YOU SEE IS WHAT YOU GET…

Jester] SO TRYING TO MAKE SOME LOGICAL SENSE OF WHAT IS GOING ON... WHAT HAPPENS TO THE DINAR?

[Jester] I STARTED OUT TO DO A VERY LOGICAL EXPLANATION OF HOW IT ALL WORKS... BUT IT GOT VERY COMPLICATED BECAUSE I HAD TO USE A DANG SPREADSHEET TO UNDERSTAND IT MYSELF… AND I DON’T THINK ANY OF YOU WOULD WANT TO SIT THROUGH A DISCUSSION OF THE NUMBERS INVOLVED… AND THIS POST IS LONG ENOUGH ALREADY...

[Jester] SUFFICE TO SAY THAT THE INVESTOR CAN AFFORD TO PAY MORE TO GET THE OIL CREDITS… THIS IS WHERE THE LARGER SPREAD AND THE HIGHER RATE IN THE EMAIL GROUPS IS FORMED… THIS IS WHY THIS SCENARIO IS SO LUCRATIVE FOR EVERYONE… AND IT GETS BETTER…

Jester] SO TO CONTINUE… THEY TRANSFER DINAR TO THE CBI IN THE FORM OF PETRO DOLLARS/PETRO DINAR… AND EVEN THOUGH THE PRICE OF OIL IS IN DOLLARS… THE TRANSACTION CAN BE MADE IN ANY INTERNATIONALLY TRADED CURRENCY AGREED TO BY BOTH PARTIES… SO THEY NEGOTIATE THE PRICE… AND THEY HAVE CHEAPER OIL THAN BUYING IT ON THE OPEN MARKET...

Jester] OH… AND BY THE WAY... IRAQ NOW HAS ITS DINAR BACK… INTERESTING RIGHT? SO WHAT DID THEY GET OUT OF IT?

[Jester] WELL… THEY PRODUCE THE OIL FOR A FRACTION OF THE PRICE OF THE COST THEY SELL IT FOR… SO THEY GET THEIR DINAR BACK VERY CHEAPLY IN COMPARISON TO THE CURRENCY EXCHANGE RATE THEY WOULD HAVE TO PAY IF PEOPLE JUST CASHED IT IN AND THEY HAD TO PAY FOR IT…

Jester] SO THINGS WORK OUT WELL FOR EVERYONE IN THE DEAL WITH THE EMAIL GROUP… YOU GET MORE FOR YOUR INVESTMENT… THE INVESTOR GETS CHEAPER OIL THAN THEY COULD HAVE GOT ON THE OPEN MARKET…. IRAQ GETS ITS DINAR BACK FOR PENNIES ON THE DINAR…

Jester] THAT IS HOW THE EMAIL GROUP WORKS... AND WHY IT IS A GOOD DEAL FOR EVERYONE INVOLVED... INCLDING YOU... THAT IS WHY THEY NEED US IN THIS TRANSACTION NOW...

[Jester] WHEW… I HOPE THAT MAKES SENSE… BUT I HAVE A LITTLE MORE...

 [Jester] I AM AWARE THAT SOME HAVE QUESTIONED MY MOTIVATIONS FOR PUSHING WELLS FARGO AND THE EMAIL GROUP… I CAN ASSURE YOU THAT I AM NOT GETTING ANY FORM OF INCENTIVE FROM EITHER… BELIEVE THAT OR NOT… I DON’T CARE… MY MOTIVATION COMES FROM A HIGHER POWER…

 [Jester] I AM DOING THIS FOR ONE REASON AND ONE REASON… SO YOU GUYS CAN HAVE AS MUCH INFORMATION TO HELP YOU MAKE THE MOST IMPORTANT DECISION OF YOUR LIFE FOR YOURSELF AND YOUR FAMILY…

[Jester] FOLKS… AS YOU ARE AWARE THERE ARE THOSE OUT THERE PUSHING DEALERS OR TRYING TO FORM THEIR OWN GROUPS FOR THEIR OWN REASONS… FOLLOW THE MONEY AND YOU CAN PROBABLY FIGURE OUT THEIR MOTIVATIONS ARE…

[Jester] SOME OF THE PROMISES I HAVE HEARD MADE FOR RATES JUST MAKE ME SHAKE MY HEAD… IF IT SOUNDS TOO GOOD TO BE TRUE THEN MAYBE YOU SHOULD THINK ABOUT THAT… AND REALIZE THEY KNOW THAT ONCE YOU ARE LOCKED IN WITH YOUR INFORMATION TO THE BANK… YOU ARE LOCKED OUT OF THE EMAIL GROUP RATE…

[Jester] I WILL MAKE A RECOMMENDATION THAT SEEMS TO MAKE SO MUCH SENSE THAT IT WILL SEEM SILLY WITH IT’S SIMPLICITY…

GET YOUR EMAIL… MAKE YOUR APPOINTMENT… AND IF YOU DO NOT LIKE WHAT YOU HEAR WHEN YOU GET THERE… WALK AWAY… LEAVE… SIMPLE AS THAT…

NO ONE CAN FORCE YOU TO CASH OUT AT THAT TIME… GO DO WHAT YOU WANT… ARMED WITH THE PROPER INFORMATION… BUT YOU HAVE TO DO THIS FIRST BEFORE YOU TRY ANYTHING ELSE OR YOU COULD LOSE YOUR PRIVILEGE TO SO AFTER THE FACT…

[Jester] I HOPE THIS HELPS YOU ALL… THAT IS MY SINCERE AND HEARTFELT HOPE…

[Jester] THANK YOU FOR ALL THE KIND WORDS... I AM WORKING HARD FOR YOU GUYS OUT HERE... THAT MAKES IT ALL WORTHWHILE...



2 comments:

Anonymous said...

how does one even get an email? New to any of this stuff here. Anyone?

Dave said...

MY H@R block tax professional told me there is no tax consequence on the currency exchange.