DINARES GURUS: THE MEAT OF TODAY'S TNT CC, 25 JUNE

DINARES GURUS: THE MEAT OF TODAY'S TNT CC, 25 JUNE
http://dinaresgurus.blogspot.com/2014/06/the-meat-of-todays-tnt-cc-25-june.html

THE MEAT OF TODAY'S TNT CC, 25 JUNE

1.     DC says its beyond the point of delaying it further. (hopes that won't come back to haunt him)
   
2.     RI rate is currently being traded in the back end and had to be out 15 days before JULY 1. We don't have access, yet, at our level.
   
3.     Bank History - Several months ago, banks revolted and refused to take action until this is irrefutable - as well as some politicians.
   
4.     But this week - the banks were notified that this is going down - IRREFUTABLY - AND THE BANKS ARE STAFFED AGAIN.
   
5.     The banks were given 48 hours to ramp up and they didn't start untilyesterday.
   
6.     July 1st is still or even to the 4th is still the goal at the LATEST.
   
7.     DC says Maliki is not to be completely counted out still for PM but  al -Mahdi (sp?) is more than likely.
   
8.     Kerry announced formal GOI with a PM must be in place by JULY 1ST or lose USA and UN support completely.
   
9.     Iraq scheduled for an announcement JUNE 26.
   
10.     The security situation is serious but it is calming down - ppl will be prosecuted - many are very upset that it got so out of hand from what used to be a "fringe" element.
    
11.     ALL OF US LISTENING TO THE CALL ARE GOING TO BE ENCOURAGED TO EXCHANGE FIRST BEFORE TELLING THE MASSES.  It may be worth our while.
    
12.     Explanation of the Global Settlements - their validity - their necessity - their dissemination.  Not necessarily connected to the RV.
    
13.     DC says the avg person will be very happy with the rates - and the number of ppl who end up getting the contract rate will be surprising!

~DallasDiva~

Later in the call this tidbit surfaced:
Caller:  If you go with the contract rate, will we have to leave some of the money there?
DC: That has changed a great deal through the years.  Basically, they will charge a flat 2%, and then you will be free to move your funds wherever you want.  That 2% is set by the Fed.  Let’s say I wanted to take some cash to Italy;  I would ask the bank to order 500 euros, and they would charge 2% as a flat fee so they make some money on that exchange.
Tony:  So in terms of this RV, if you have 100,000, they will charge 2%, which would be $2,000.  That’s the money they will make.
Caller:  I read something about the UST spread that is applied in larger transactions that maybe you can negotiate.  Is that true?
DC:  The only fee we know about now is the 2% exchange fee upfront.

( thanks Adept for the transcription notes) !
Publicado por FORO DINAR GURUS en 8:13 PM