Tonys call

Tony:  "Two reasons given for why this did not happen.  Both are BS!  We are still in a good position. . . Announcing over their they should see this Tuesdayor Wednesday."

DC- "Iraq had their new years celebration. Wanted it done. US delayed it.  Referred to as a slight delay. . . Iraq felt they had egg on their face when it did not go down Sat – Sun. . . Iraqi politicians are furious!"

Tony began with a “Thank You!” to those who’ve responded with stories and documentation copies.

EXCHANGING: 

 T – “REMEMBER YOU ARE GOING INTO EXCHANGE!” 

EXCHANGE, EXCHANGE, EXCHANGEis the key word. Tony said, “Once you say that other word (like maybe investment) you can't take it back and they will treat it that way.  People will be in the room watching what is said.”

Parliament:  Did not meet today for 3rd and final reading of 2015 budget.  It’s on agenda for tomorrow.  It’s not tied to the RV.  DOES NOT affect the roll out.

TV:   Still running announcements  about economic reform.  Have pulled back on some of the broadcasts. 

Qu Cards:  this weekend the cards were changed to International access this weekend and changed the rate to US rate.  DC said they did not fully understand this to explain it but a lot of the world still was showing a rate of $3.58.

ATM’s placed outside the green zone this weekend.

Timing:  Iraq people being told Tues or Wed this week. 

UST:  Ready.  The US was planning on a slower roll-out.  DC said meetings happened last night and today that changed it to a shot gun approach. He was not sure which process will actually happen. 

UN security guys are not pleased with US.

ISIS:  Iraq’s had nice wins this weekend.

Roll-out began last week.  Some ordinary people Tony knows got paid.

1st Basket:  “Tony – I think we are going to see more than one.” Said word is 2 currencies and the banks are preparing for a minimum of 2-5 currencies. Unknown of contract rates for dong.

USA National Debt:  DC – “China would hate if we pay off all this debt.  They expect a return.”  DC explained there is no motivation to pay it off; better to borrow than raise US taxes and that once the US has a surplus it will change the debt scenario dramatically.

Banking:  Remember, the advisors, wealth managers, work for the bank.

Final Call:  Tony says he still does not know how the final call will go. If it will be 15 minutes, 2 hours or a 14 day extent.  DC says the 14 day schedule is still being "flirted" with.

Rate: :  $3.41 was put into the system originally.  Then the US delay plan, in the past, was to put in $1 and dare everybody else to pull the trigger.  They have done this, DC said 6 times previously, and then changed it back.  The US did this again a few weeks ago but did not change it back.  This was not the original plan. The question is will they leave it and let FOREX drive it up and how long will that take?