Dinar/ Tony/DC Update

Sent: Friday, October 10, 2014 4:55:10 PM
Subject: Dinar/ Tony/DC Update

Tony:  Good morning, TNT!  It's Friday, October 10, 2014.  

DC:  East to West as always … In Iraq, everyone is waiting.  Abadi has not made the announcement yet.

DC:  They promised he would do it on Thursday, by the 11 o’clock (pm in Iraq) news, and it still has not happened.  This has called a lot of frustration, with different prices and different rates on the cards and even different access to the cards. This is causing a lot of frustration, although the television is still running info about the cards and coins and new notes. That is boxing everyone in, which is a wonderful thing.  Everyone in the world has been briefed and there is supposed to be a backup time, and Iraq has promised to get it done by the backup time. The rest of the world is more than ready, and those who were delaying things are now pushing for it to be done. They are corralling everyone.

Tony:  On Wednesday they said there were two times, and the first one was 11 o’clock last night. They were even scrolling it on the television, that Abadi would make that announcement on the news.  We know the backup time and we have not passed that yet.  This morning they explained the currency exchange procedures in the mosque again today.

DC:  They have been going through those now for a while.

Tony: All over the internet, it’s saying Abadi is now scheduled to make an announcement on the 14th, but we don’t know what that is about, and there is another announcement scheduled in the meantime.

DC:  Our understanding is that the backup time is between now and then, and the speech on the 14th will be on a different topic.  There is a lot of frustration in Iraq especially now they are past the holidays and back in business.  Parliament is meeting and wrapping up the budget, and although the defense minister is seated, we are still not allowed to say his name.  He is still cleaning house in the defense ministry.

Tony:  That’s good enough – we are just so close now, who cares?  It should be in a interesting weekend. I really don’t think we’ll go to the 14th.  Anything about celebrations?

DC:  It’s the same thing as before – celebrations are planned/scheduled as soon as this goes on.   Nobody is going crazy, but everything is ready for whenever this happens.

Tony:  Let’s explain the exchanges that took place from Wednesday to today.

DC:  A lot of the folks who did their homework and followed the rules were able exchange on the 1-3. October.  They went to the bank, asked for some cash, and got the lower denominations.  That’s what’s been going on.  Some have been using them, some have been oholding off because of the holiday. Some who are later in this game have finally got their cards and now they have to learn the rules – that’s why it took 8-9 days to get this done.  They expected it to take over a month to identify people and give out new cards. Depending on the region and group, some are allowed full access to the cards, and some have had access only to a portion of what is in their accounts.  For safety reasons, some won’t have access until Monday. They have to watch out of criminal and tribal issues.

Tony:  Today in the mosques, we do know that people are frustrated and they are tired of hearing about it when they thought it would already happen. Intelligence guys are saying “You slowed this down too far, and now it’s approaching stall speed” – there is about to be a real issue on the streets.  A lot of people are now saying “Get this done” because there is starting to be a negative reaction from the people. With fighting on the ground, this kind of frustration is the last thing they need.  So even though people are saying “the 14th”, I also told you that I believe in ‘weekend parties’… so…

DC:  In the USA, everyone is ready for this to be done.  IMF and BIS are keeping everyone calm to the last minute – thank you for that.  US banks are ready – most have skeleton crews to pull everyone in on 30 minute notice.  UST is ready to go, and there’s not much left to do here. There are ceremonial meetings set up, but security and prep are all done.

Tony:  Nothing much more to say.  It’s done. Everyone is in their seat, and if there are not, they are on standby.  So let’s talk to some people.

DC:  Huge.  We will have an 800 number, we will do a farewell call, there will be a website, pamphlet or whatever, and you will go to the bank.  They think that will take about 72 hours. Then the remaining dinarians who are not paying attention, we will call them afterwards, and they will be put in a priority queue. That will be the next, say, half million. Then they will shut down the exchange and call centers, and simply state anyone else can go to the bank and exchange at international rates, just like bringing any other currency back from your holiday.

Tony:  The rate is going down today because the price of oil went down.  That’s what they are doing today.  The reason this plan is put together and it makes sense, is that if you go through the numbers of those who have more than ten million dinar to those with 100K or less…

DC: The process makes sense when you understand how many people they expect. Those with over 10 million dinar – a few thousand.  Five to ten million, another few thousand. The average person only has one 25 thousand dinar, and most paying attention to this only has 100K.  So a person with four 25K bills doesn’t take long compared with the complications of those with five to ten million dinar.  For most, this is just a high-value exchange process, as if you won a bunch of money in a casino overseas.  The vast majority have just received gifts or invested minimally because most people cannot pull out a few thousand to make a larger exchange with such a risky situation.

Tony:  So now you know the process, doesn’t it make sense that they want to exchange those with more currency while they can keep the rates stable, over the weekend? Even with us telling you that it might want to wait for the next round.

DC:  Some people don’t want us to help you more because they don’t like us and don’t believe we cut them a fair deal, especially when we called them out over the winter when we had the Twitter campaign.  Others want us to use our authority to talk to a lot of people at the same time.  So they asked us to help, and of course we agreed because we have the audience and trust already built us – as well as several other gurus.  There were five that we know who were requested to this, and that made sense.  Then the guys who don’t like us said they shouldn’t do have us do that, and the bank attorneys got nervous that we would obligate the banks to do things they weren’t comfortable with.  That has gone back and forth many times, and as we understand it right now, we are just going to release the 800 numbers.

Caller:  I heard a rumour that the leader of ISIL group was killed.

DC:  They have had that guy and some others that have been killed.  They are continuing to nail the leadership AND the finances of ISIL – that’s classic military strategy.  The street fighting is messier and always take longer. The faster you cut off the head, the faster it is finished.

Caller:  Was Abadi asked to delay his speech?

DC: We  don’t know.  The US didn’t ask for that;  even the most cynical guys are now saying “Let’s go;  get this done!” There is now an agreed timeline that the RV is going before the GCR.  If this happens – which is where my money’s on – the RV goes without the other currencies, the then everyone else will adjust within 24-18 hours.  It will cause a minor ripple throughout the world when the other five adjust (during the GCR).

Tony:  So when is the best time for that to happen?

Caller:  Should be a great weekend!

Caller:  [more of the same] Does the conversion to the TRN have anthing to do with the RV?

DC:  Not so far as I know.

Caller: What is Plan A vs Plan B, and where are we now?

DC:   Plan B was to keep the US from doing something stupid, but the US got in line, and for that we are very thankful. The other countries said, “We don’t trust you, USA, and we have another country lined up to take the steps if you do not.” The US waited for the very last minute, and authority went to Iraq. However, the US asked for a few little things they have been wanting to do for months, and Iraq reluctantly agreed, and then there was arguing about who needed to be seated, and then some very cautious bureaucrats wanted to be super-careful, and here we are on 10. October.  In the same way, the budget would be nice but not critical to the RV.  The rates and construction money have been in the budget since 2010.

Caller:  God bless, and may fortune smile on all of us!

832 caller:  [Appreciation]  Never got on before.  Here’s what I am going to do:  I have a company for water purification, which is a patent nightmare.  We are going to relaunch the technology and create a lot of great jobs!

Tony/DC:  That’s wonderful!

Caller:  I did buy some reserves on dinar and dong;  how quickly should I cash them to get the contract rates?  Should I cash out a 25K note and get on the plane to Miami?

DC:  As fast as possible. We don’t know how big the pools are, nor the exact caps.

609 caller:   You mentioned there was a back date – can you give that information?

Tony:  Between now and Tuesday the 14th, but there is something else happening over the weekend. I believe it might go before then, but DC knows…

DC:  I believe it will happen before then.

503 caller:  First time I’ve been on in a year of listening.  [Appreciation]  I have currencies on layaway;  is there going to be any difference between a layaway and reserves?

DC:  We’ve talked about this in the past, and we believe that your reserves/layaways that they will be under scrutiny about timing, being paid up to date, etc., so make sure you can prove when you set it up and that it has been paid for all along.

Caller:  There has also been talk about NIBs; is that still critical?

DC: There was concern during the Cyprus crisis but these days I think we don’t have anything to worry about.  I will put mine in a number of accounts, but because of security, not bank stability.  Also, we were told to keep dinar separate because of tax implications.  But you can certainly put your dinar in an interest-bearing account.

Tony:  I’m going to have my money make money!  Also, if the bank is getting trillions of dollars every day, I’m not concerned with the banks going under.  Also, with Sterling, you can use your reserves to pay off your reserves, so it is not double-dipping.

Tony:  Pam has something she needs to do, so we’re going to cut this call short.  It’s Friday, and she wants to do her exchange… <joking>  Ray?  [cannot hear Ray at all]

Ray:  My son got an award at the Great Lakes Naval Base… I’m having a great day, and I’m teaching a class in Chicago tomorrow.

DC:  Congratulations!  Iraq is very prepared after a very slow roll out. We are waiting for Abadi to say it’s completed, and we were promised that would happen very soon.  Remain flexible, because we expect changes any minute, but I’m excited and expecting this will be done very quickly.  Do write down your RV story so that it can be part of the archives along with world leaders on the new part of the www.tntdinar.com website.

Tony: We passed the first time for the announcement and we have been promised they will keep to the second time.  The 14th could be the time this is announced to the other 4.5 million people.  If you look at the process, it makes sense for this to be done calmly over the weekend, without all the chaos of the shotgun approach. I do hope I can do another call later today or tomorrow.  Enjoy the rest of your day!