MAY 23, 2014...GOOD MORNING TNT.
GUYS WE DO THESE CALLS ALL THE TIME, GIVE OUT INFO, PPL MISINTERPRET IT ALL THE TIME, AND AFTER THE CALL I'LL GO BACK AND GET A MESSAGE OR PHONE CALL AND HEY THEY SAID YOU SAID THIS ON YOUR CALL.
I DIDN'T SAY ANYTHING EVEN CLOSE TO THAT.
SOMEBODY JUST TOOK IT THE WAY THEY WANTED TO AND STARTED SPREADING IT AROUND.
LEFT OUT A CRUCIAL PART.. WELL WE HEARD ABOUT THE FIRESTORM IN THE CHATROOM...THAT STERLING COULD NOT FULFILL ITS RES ORDERS TODAY SO WHAT I DID WAS INVITED FRANK TO COME TO THE CALL AND EXPLAIN IT.
IT'D PROBABLY BE BETTER COMING FROM YOU TO ME, SO SIMPLE THAT SOMEBODY WOULD UPSET HALF OF DINARLAND OVER SOMETHING SO SIMPLE. HOLD ON I'M GOING TO BRING HIM ON.
I GAVE THEM A LITTLE BIT OF INFO OF THE SCARE BUT YOU CAN EXPLAIN WHAT HAPPENED.
Frank (Sterling): I AM SO SORRY FOR THE CONFUSION. TYPICALLY WE PREFER TO SHIP UNCIRC NOTES AND WE KNOW MOST OF OUR CUSTOMERS PREFER TO RECEIVE UNCIRC NOTES WITH THEIR L/A WHEN THEY'RE PAID OFF AND THEY SHIP.
UNFORTUNATELY WE'RE IN A SITUATION WHERE WE DON'T HAVE UNCIRC NOTES IN STOCK, HOWWEVER, TONY I JUST SENT YOU A PHOTO OF THE 10K FROM ONE OF THE VAULTS THAT WE DO HAVE READY TO SHIP.
SO ANYBODY WHO IS CONCERNED ABOUT RECEIVING THEIR CURRENCY, YOU PREFER TO RECEIVE UNCIRC RIGHT AWAY AND YOU HAVE AN ORDER PENDING FOR 10K, JUST GIVE US A CALL AND WE'LL SHIP THAT OUT, I'LL MAKE SURE THAT THAT GETS SHIPPED OUT TODAY FOR RECEIPT, 'M NOT SURE IF FEDEX IS WORKING MON, PROB. TUES BUT YOU'LL GET YOUR TRACKING ORDER TODAY.
I APOLOGIZE, I SHOULD HAVE BEEN MORE INVOLVED IN THE COMMUNICATION AND WE SHOULD AHVE BEEN MUCH MORE PRECISE ABOUT WHAT WE COMMM TO CUSTOMERS. I APOLOGIZE FOR CREATING A PANIC AND I APPRECIATE FOLKS GIVING ME A HEAD'S UP AND LETTING ME KNOW SO WE COULD COMMUNICATE MORE EFFECTIVELY.
T: IT WAS ONLY THE 10K NOTES, IF THEY WANT 5....
F: NO PROBLEM AT ALL. IHAVE UNCIRC 10K THAT WILL BE AVAIL FOR SHIPPING ON WED.
THEY ARE ON THEIR WAY AS WE SPEAK, UNFORTUNATELY WITH THE HOLIDAY I CAN'T GET THINGS DONE THE WAY I'D LIKE TO, SO WED. WILL BE THE FIRST DAY WE WILL BE ABLE TO SHIP UNCIRC 10K.
IN THE MEANTIME IF YOU WANT CIRC 10K I'M HAPPY TO SHIP IT TO YOU, BUT MOST PPL WOULD PREFER UNCIRC THAT'S WHY WE WERE TELLING THEM WE WERE OUT OF STOCK WHEN WE WERE OUT OF STOCK OF UNCIRC RATHER THAN CIRC.
F: I COMPLETELY UNDERSTAND AND SO I APPRECIATE TYHE OPPORTUNITY TO GET IN FRONT OF IT.
HAD TAKEN SOME PHOTOS 2-1/2 WEEKS AGO, WE WERE IN THE PROCESS OF REARRANGING THE WAY WE ACCOUNT OUR INVENTORY AND SO WE DID A FULL COUNT AND REARRANGED EVERYTHING SO WHILE WE HAD EVERYTHING OUT WE STACKED IT ALL UP AND TOOK PICTURES.
TONY IF YOU CHECK YOUR EMAIL YOU GOT A COPY OF THAT PHOTO WITH TY AND I.
T: I HAVE. I GOT A PIC OF TY AND FRANK SO YOU GUYS CAN PUT IT UP ON YOUR DARTBOARD :D.
F: BASICALLY I TOOK A VIDEO OF THE CURRENCY STACKED UP, THAT'S ALL IT IS.
T: I JUST COUDN'T LOOK AT IT WHILE I WAS ON THE CALL HERE.
T: ALL RIGHT I'LL SEE IF SOME OF OUR GUYS CAN PUT IT UP IN OUR FORUM.
F: YOU DON'T NEED TO PUT IT UP, I JUST WANTED YOU TO BE ABLE TO SEE IT.
T: THANK YOU FOR COMING HERE CLEARING IT UP AND EVERYTHING.
F: TONY I APPRECIATE THE OPPORTUNITY TO BE ON AGAIN. TAKE CARE, HAVE A GREAT DAY AND A GREAT MEM DAY WEEKEND.
T - IT WAS A GREAT DAY, ALWAYS BEEN A GREAT DAY, EVERYBODY'S PREPARED AND HAPPY. WE ARE HEARING RUMORS OF THINGS THAT ARE GOING ON.
THINGS THAT ARE PREDICTED TO HAPPEN OVER THE HOLIDAY WEEKEND, TODAY, AND WHAT'S ACTUALLY GOING ON IN IRAQ RIGHT NOW. DC WANT TO START THERE?
DC: GM, GOOD AFTERNOON EVERYBODY....FRANK THANKS FOR COMING ON.
I'M GLAD WE SOLVED THAT ISSUE QUICKLY.
EAST TO WEST LIKE WE NORMALLY DO. OVER BASICALLY THE PAST COUPLE NIGHTS THEY HAVE QUEUED IT UP.
CBI AND MALIKI ARE THE ONES WHO HAVE STOPPED IT FOR BASICALLY 3 OF THE PAST 4 TIMES. WHY DID THEY STOP THAT?
THE REASON THAT WE HAVE BEEN ABLE TO DETERMINE HAVE BEEN THE FACT THAT THEY HAVE BASICALLY SAID NO WE'RE IN CHARGE NOW, IT'S OUR OUNTRY, WE'RE GOING TO DO IT ON OUR OWN TIMELINE.
A HARD THING TO ARGUE, BUT ALSO PPL ARE SAYING OH MY GOS WE'VE BEEN UP AND DOWN THIS ROLLER COASTER, FINALLY HAVE THE WEASELS IN LINES, PLEASE DON'T TAKE TOO LONG.
THAT'S HAPPENED THE PAST 3 NIGHTS THAT WE KNOW OF AND FRANKLY ONE OR TWO OTHER TIMES THEY'VE TRIED IT AD STOPPED AS WELL.
PARTLY FOR POLITICAL REASONS IN TERMS OF ARRANGING TO GET THE BEST SEATS, WHO GETS THE BEST MINISTERS, PRIME MINSTER EVERYTHING ELSE IN COUNTRY.
THE COUNTRY STILL HAS, IT'S VERY CONFUSING AS YOU CAN IMAGINE, SO MUCH MORE CONFUSING TO THE POPL WHO ARE ACTUALLY IN COUNTRY THEY HAVE AN IMMENSE AMT OF PPL WHO HAVE AT LEAST 5 DIFF CURRENCY VALUES THROUGHOUT THE COUNTRY.
DC - WHICH IS CAUSING AN IMMENSE AMT OF HELL ON A DAY-TO-DAY LIFE. CELEBRATIONS ARE PLANNED TONIGT, EXCUSE ME, THROUGHOUT THIS WEEKEND, AND OBVIOUSLY THAT'S AN EASY WINDOW TO POP FOR RV.
THEY WERE WARNED AGAIN MOSQUES FOR THE 20,000TH TIME HEY EVERYTHING LOOKS GOOD AND WE'RE GOING TO BE DOING A MAJOR ANNOUNCEMENT THIS WEEKEND, BE READY.
WILL KEEP MOVING MORE TO THE EAST.
T: M IS READY TO GO, IRAQ IS READY TO GO. IRAQ HAS BEEN COMPLAINING TO THE IMF, BIS, TO EVERYBODY THETY CAN THAT THE US IS HOLDING THIS UP AND EVERY TIME WE'RE READY TO GO AND WE PUSH THE BUTTON THEY HAVE STOPPED IT.
WE'RE TIRED OF IT AND EVERYBODY'S BEEN THREATENED WITH INT'L LAW AND EVERYTHING TLSE. EVERYBODY UNDERSTANDS THAT, AGREES TO THAT, M HAS POSITIONED ITSELF THAT EVEN THOUGH IT'S AGAINST THEIR CONSTITUTION HE CAN BE PM FOR THE 3RD TIME IF HE CAN MAKE THE RV HAPPEN.
HE DID THE RI WHICH WAS A STRATEGIC MOVE WHICH WAS GREAT TO MAKE EVERYBODY ELSE AGREE TO THE RV.
NOW THAT HE HAS EVERYTHING HE WATS, HE HAS AND HIS PPL KNOW HE IS NOW IN CHARGE AND CAN CAUSE THE RV WHENEVER HE WANTS TO AND MAINTAIN THE PM. HE WANTS A LITTLE BIT MORE. SO NOW HE'S BEING GREEDY.
HE WANTS TO CALL THE FINANCE, TRANSPORTATION MANAGER, AND THAT'S WHAT HE'S NEGOTIATING.
I KNOW PPL ARE SAYING WHY WOULD HE DO THAT? I WANTED TO MAKE SURE THEY UNDERSTOOD THAT. AS WE KNOW RIGHT NOW, THERE'S 5 DIFF RATES, WE KNOW SOME CARDS HAVE $3.71 ON THEM ALREADY, WE KNOW THAT.
SOME HAVE $3.48 ON THEM, WE KNOW THAT. WE KNOW RIGHT NOW ON THEIR ISS IN THE KURDISTAN REASON, AND I DON'T UNDERSTAND IT, AS OF THIS MORNING IT'S TRADING AT $1.13 ON THE ISX BUT THEY CAN'T BRING IT UP TO THE INT' RATE.
WHAT THEY ARE SAYING IS UNTIL THE US DOES WHAT THEY ARE SUPPOSED TO DO, AT LEAST THAT'S WHAT THEY'RE BEING TOLD.
DC: AND YOU CAN SEE, IF YOU'RE CONFUSED, THAT'S RIGHT!
T: YOU SHOULD BE, THAT'S RIGHT.
T AS WE KNOW RIGHT NOW, SOME 3.71, 3.48 ON THEM, NOW AS OF TODAY, 1.13
DC: EVERYBODY'S CONFUSED BY THIS. IT'S A BIG GIANT MESS AND CAN EASILY BE SOLVED ONCE EVERYBODY GETS IN LINE.
T: TO BRING ALL THIS ONLINE THERE'S MEETINGS BEING DONE IN IRAQ RIGHT NOW, THERE'S NEG, AND THERE ARE CELEBRATIONS SCHEDULED THROUGHOUT THE WEEKEND AS SOON AS THIS IS FINALIZED ANNOUNCEMENTS WOULD OR SHOULD BE MADE. CORRECT?
DC: ABSOLUTELY YES SIR. GREAT EXPLANATION.
DC: SURROUNDING NATIONS WHO HAVE PARTICULAR DEALS WITH IRAQ AND ALSO HAVE PMTS AND EVERYTHING ELSE, THEY HAVE BEEN REASSURED HERE IN THE LAST FEW DAYS BY SOME OF THE HIGHEST PPL IN THE LAND THAT THIS INDEED WILL GO THROUGH VERY VERY QUICKLY.
AND THE RATES WILL BE SUFFICIENCY ENOUGH TO PAY THEM BACK PLUS MAKE IT WORTH THEIR WHILE FOR TAKING A LITTLE RISK.
PROMISED FROM THE HIGHEST LEVELS TO THE HIGHEST LEVELS IN A BUNCH OF SURROUNDING COUNTRIES.
IN DC THE IMF IS ON MAJOR LOCKDOWN, UST ON MAJOR LOCKDOWN, SEC INTEL GUYS ON LOCKDOWN, EVERYBODY IS FULLY PREPARED TO DO SO. BANKS QUEUED UP AGAIN FOR THE UMPTEENTH TIME AND FRANKLY THEY HAVE BEEN TOLD HERE ARE THE 800 #S HERE'S WHAT WE'RE DOING.
THEY DID SOME MEETINGS YESTERDAY AND THIS MORNING.
THIS IS GETTING SERIOUS AGAIN. THE BANKS WHO FEEL THEY HAVE BEEN BURNED AND JERKED AROUND.
YOU CAN IMAGINE HOW FRUSTRATED THEY ARE WITH THIS WHOLE PROCESS, THEY ARE EVEN HAVING MEETINGS NOW TOO AND SAYING OKAY ALL RIGHT FINE IT'S THIS CLOSE AGAIN WE'LL GET OUR ACT TOGETHER, BUT THEY WON'T COME IN UNTIL THE ACTUAL PUBLIC GOES THROUGH.
MORE PREP STUFF FORTHE US IS BEING DONE RIGHT NOW AND THAT IS ALL GOING QUITE WELL. WHAT DID WE MISS TONY?
T: THE BANK THING WAS IMPORTANT B/C THEY JUST WENT BACK OT THAT STARTING YESTERDAY, PUTTING PPL ON STANDBY WHEN THEY WEREN'T DOING ANYTHING, BUT THEY PUT THEIR PPL BACK IN MOTION.
T - LET ME THINK... WE'RE LOOKING GOOD GUYS, IT'S FROM NOW TILL TUESDAY MORNING WE'RE EXPECTING SOMETHING TO HAPPEN.
DC: THERE WE GO! EVERYBODY LIKES TONY, LOL.
T: IT COULD HAPPEN RIGHT NOW B/C PPL ARE THERE AND THEY ARE BEING BRIEFED TODAY, SO, THERE WILL BE MULTIPLE RATES, STILL.
THERE WILL BE SOME GROUP RATES VS. INT'L RATES VS. MARKET RATES. EVERYTHING IS COMING OUT OPEN AND PPL ARE PREPARING FOR ALL SORTS, PPL ARE BEING NOTIFIED.
PPL DID GET NOTIFICATIONS TO BE EXPECTING THE 800 #S ONCE AGAIN, SO EVERYTHING LOOKS LIKE WE'RE THERE THIS TIME
RIGHT NOW THE ONE THING WE'RE WAITING FOR IS FOR M TO GET HIS PARTNER POSITIONS, THAT'S THE PART THAT WE'RE AT, TO BE AGREED ON WHO IS GOING TO GET THOSE OTHER POS AND THEN WE SHOULD BE GOOD TO GO.
DC: THOSE WHO FOLLOW THIS, IT TOOK FOREVER TO GET THAT DONE THE LAST TIME. 1. WE WERE CAUSING SOMEOF THE HEADACHE, WE BEING THE US.
2: THE TIMELINE IN ORDER TO GET THIS DONE, THERE HAVE BEEN TIMELINES THEY HAVE GIVEN M AND HIS CREW, OKAY YOU GET THIS DONE BY X DATE AND WE'LL AGREE TO YOUR DEALS.
THAT'S LARGELY WHAT IS GOING ON RIGHT NOW.
BUT YOU HAVE TO PERFORM, YOU HAVE TO DO X, Y AND Z.
THAT IS VERY MUCH A MAJOR PART OF THIS ENTIRE PROCESS IS THEM SAYING WE ARE DEAD SERIOUS ABOUT THIS GETTING DONE AND HERE IS THE TIMELINE WE WANT THIS DONE ON, AND IT WAS YESTERDAY. AGAIN, IT'S GREAT FOR US.
T: SOUNDS LIKE A GOOD DAY TO ME! SO WE'LL JUST HAVE TO WAIT AND SEE HOW LONG IS THE NEGOTIATION.
DC: EXACTLY.
C: DC SAID SOMETHING ABOUT PREPARATORY STUFF FOR THE US, MOVING ALONG OR?
DC: SEVERAL THINGS ARE GOING ON. BANKS ARE DOING ALL DIFFERENT BANKS INCLUDING THE ONES WHO HAVEN'T BEEN VERY ACTIVE ARE DOING PREPARATION MEETINGS STARTING YESTERDAY AND TODAY AS WELL.
EVEN THE GUYS WHO HAVE SWORN THEY WOUDLN'T TOUCH THING UNTIL IT WAS PUBLIC AT LEAST ARE IN PREP MEETINGS RIGHT NOW. SEC IS IN PLACE. EVERYBODY IS IN PLACE.
IN THEIR SEATS WAITING FOR THIS TO GO RIGHT NOW.
T: DOESN'T MEAN IT'S GOING TO GO RIGHT NOW, IT JUST MEANS THEY'RE READY.
C: ALSO YOU SAID SOMEBODY'S TELLING M THAT IF HE GETS, HE WANTS CERTAIN THINGS AND WE WILL GIVE HIM, IS IT WE AS IN THE US WILL GIVE HIM THESE THINGS?
DC: NO IT'S NOT. IT'S MAINLY THE FOLKS WHO ARE, MAINLY THE OTHER COALITION PARTNERS HE IS GOING TO BE LINKING UP, KURDS, STATE OF LAW GUYS, EVERYBODY ELSE. THAT'S THE TOUGH PART OF THE NEGOTIATIONS. YOU ACCOMPLISH THIS AND WE'LL DO IT, IF NOT THE DEAL'S OFF.
C: SO THAT'S BETWEEN M AND HIS OTHER COALITION PARTNERS. THAT COULD BE STICKY NO?
DC: IT VERY MUCH IS STICKY AND THEY HAVE BEEN NEG ON THAT FOR 2-1/2 WEEKS ALREADY.
C: SINCE THE RI, RIGHT?
DC: AFTER A FEW HOURS AFTER THE ELECTION, REALLY IT STARTED BEFORE THAT BUT IN EARNEST RIGHT AFTER THE ELECTION.
C: ALSO THERE WAS NEWS THAT THE KURDS ARE SELLING THEIR, SOLD THEIR OIL TO 50 COUNTRIES W/O BAGHDAD'S CONSENT, IS THAT MAKING FOR A REALLY BIG PROBLEM IN IRAQ?
DC: SO RIGHT THAT'S A BIT OF A TOUCHY SUBJECT, SO THE KURDS HAVE THE VAST MAJORITY OF THE PRODUCING OIL WELLS RIGHT NOW AND SOME OTHER UNPRODUCTIVE FIELDS THAT BASICALLY THEY ARE GETTING TREMENDOUS AMTS OF MONEY TO TURN THOSE FIELDS INTO CASH FLOW.
WHAT IS HAPPENING IS BASICALLY THEY'RE CUTTING DEALS ON THEIR OWN, TALKING TO EXXON, SHELL, PETRO CHINA, TALKING TO YOU KNOW ? ALL THE BIG GUYS AND SOME INDEPENDENTS OR MID-SIZE IND.
AND THEY ARE BASICALLY CUTTING THEIR OWN DEALS. AS YOUY CAN IMAGINE WHAT IT'S LIKE GETTING GOV'T, BAGHDAD APPROVAL RIGHT NOW.
BASICALLY THE KURDS HAVE JUST BYPASSED IT. AS LONG AS WE GIVE YOU BASICALLY YOUR PART OG YTHE ROYALTIES, HEY WE CAN NEGOTIATE THAT, OUR ROYALTY DEAL IS STILL IN PLACE AND I'M GOING TO NEG THE BEST DEAL I CAN FOR MY OWN STUFF.
THEY HAVE NOT GOTTEN PERMISSION FROM THE COUPLE MINISTERS WHO HAVE A VOTE IN THAT BUT FRANKLY WEREN'T GOING TO ASK ANYWAY.
IT'S A MINOR KERFLUFFLE.
C: REALLY IS IT MINOR?
DC: FRANKLY, SOME PPL LIKE TO MAKE A BIG DEAL OUT OF NOTHING AND THIS IS SOMETHING THAT IS CONCERNING AND SOME PPL TAKE IT VERY SERIOUSLY, BUT INT HE GRAND SCHEME OF THINGS NOBODY IS GETTING CUT OUT, WORST CASE SOME FOLKS AREN'T GETTING THIER KICKBACKS OR PIECES OF THE ACTION THEY WOULD LIKE.
THIS KIND OF ARGUMENT GOES ON IN EVERY OPEC GOV'T.
C: I GUESS BAGHDAD IS NOT GETTING THE PERCENTAGE OF THEIR OIL....
DC: THEY ARE ABSOLUTELY GETTING THIER ROYALTIES.
KURDISTAN IS SAYING WE CAN'T TRUST YOU, WE'RE NOT GIVING YOU A VOTE. THAT'S WHERE IT LIES.
T: IT'S NOT AFFECTING THE RV THOUGH.
DC: NO. IT'S JUST PART OF THE NEG, PART OF THE ONGOING STUFF WITH EVERY GOV'T.
C: WHAT ARE THE CELEBRATIONS FOR?
DC: CELEBRATIONS ARE TWO FOLD: NEW GOV'T BEING FOUNDED AS WELL AS THE INTERNATIONAL RI/RV.
C: SINCE THE RI HAPPENED, PRETTY MUCH THE CALLS WITH YOU AND TONY HAVE BEEN VERY POSITIVE IN NATURE AND PRETTY MUCH ENDED WITH SORT OF MAYBE THERE WILL BE A CALL TONGIHT, THE CALL, THAT KIND OF THING
C: WHAT ARE THE CELEBRATIONS FOR?
DC: CELEBRATIONS ARE TWO FOLD: NEW GOV'T BEING FOUNDED AS WELL AS THE INTERNATIONAL RI/RV. BOTH.
C: SINCE THE RI HAPPENED, PRETTY MUCH THE CALLS WITH YOU AND TONY HAVE BEEN VERY POSITIVE IN NATURE AND PRETTY MUCH ENDED WITH SORT OF MAYBE THERE WILL BE A CALL TONIGHT, THE CALL, THAT KIND OF THING.
BUT IT'S KIND OF BEEN THREE WEEKS NOW THAT WE'VE HAD THESE VERY POS CALLS, AND IT'S GETTING, I'M SURE...
DC: IT'S GETTING OLD ISN'T IT!
C: YES. FRANKLY AS YOU ARE DOING, YES, THAT'S TRUE.
I'M SURE WHAT YOU'RE BEING TOLD IS WHAT YOU'RE BEING TOLD AND I'M SURE YOU'RE TELLING US WHAT YOU'RE BEING TOLD....
DC: SO LET'S ADDRESS THAT B/C FRANKLY IT'S WEARING DOWN NOT JUST US BUT EVEN THE PPL IN THIS. THEY HAVE LITERALLY BEEN TRYING TO DO THIS PROBABLY HONESTLY 4 NIGHTS A WEEK FOR THE PAST FEW WEEKS, MAYBE 5 SOME WEEKS.
GETTING EVERYBODY QUEUED UP, TELLING EVERYBODY WE'RE GOING NOW....THE CBI GETS READY, ALL THE DIPLOMATIC CORPS GETS EVERYBODY READY.
IMF GETS READY, BANKS GET READY, TECHNICAL STAFF GET READY, AND THEN TYPICALLY SOMETIME AT NIGHT SOMEBODY DOES SOMETHING STUPID AND IT'S CAUSED IT.
YOU CAN IMAGINE THIS HAS BEEN GOING ON 4-6 DAYS A WEEK FOR THE PAST THREE WEEKS UNTIL EVERYBODY IS JUST SO darn EXHAUSTED.
LAST NIGHT EVERYBODY WAS QUEUED UP, EVERYBODY WAS READY, 800 #S WERE READY TO GO OUT, AT THE LAST MIN ....
INCLUDING THE GROUP OF WEASELS, WHICH FRANLY ARE THE MAIN REASON, EXCEPT THE PAST 3-4 NIGHTS,
AND SO IT IS REALLY NO KIDDING, UP TO THE PLATE AND OH FORGET IT.
C: THERE'S A SMALL GROUP OF INDIVIDUALS WHO WANT TO STICK TO THE PLAN OF A FULLY FUNCTIONAL STABLE GOV'T IN IRAQ.
SOME PPL ARE SAYING WE DON'T HAVE GOLD-BACKED NOTES (US) AND THAT'S WHY THEY DON'T EVEN WANT OUR MONEY, IS THAT TRUE?
DC; OKAY YOU ASKED THREE QUESTIONS…
DC - ARE THE SAME PEOPLE PULLING THE SAME ISSUE EVERY TIME? ALMOST NEVER.
SOMETIMES THEY BRING UP AN ISSUE THEY SOLVE IN THE MORNIG AND THEN SOMEBODY WILL TRIP OVER THE SAME STEP THEY TRIPPED OVER THE LAST TIME.
IT'S ALWAYS LAST MINUTE B/C IF THEY FORESEE A PROBLEM COMING UP OBVIOUSLY YOU WOULD GO AROUND IT.
EVERYBODY IS BEING OVERLY CAUTIOUS THEREFORE IF THERE'S ANYTHING IN THE WAY THEY JUST STOP. SO THEY'VE LEARNED THEY CAN JUST THROW ANY LITTLE THING IN THE WAY. THAT CAN CAUSE AN OVERREACTION BY SUBMITTING SOMETHING.
AND SOMETIMES IT'S A LEGITIMATE CONCERN ABOUT A SECURITY ISSUE WITH IRAQ OR THE US OR SOME SORT OF CALCULATION IS NOT BEING DONE CORRECTLY.
ALL THOSE HAVE BEEN USED MANY TIMES, HE'S SAYING, WHY DON'T YOU DO THIS?
PAM: YOU'VE GOT SAT NIGHT, SO BASICALLY IN ESSENCE THAT'S WHAT THEY'VE BEEN DOING.
DC: SO WE'VE GOT SIMPLE DIFFERENT REASONS, THE MAIN ONES ARE ONE THEY HAVE A PERSONAL PROGRAM OR PERSONAL CONCERN THAT THEY TRULY BELIEVE IN THEIR MIND IS AN ISSUE.
OFTENTIMES IT'S BEEN FUNDING FOR A SPECIFIC PET PROJECT, VACCINES IN INDIA, EDUCATION IN CHINA, THOSE KINDS OF THINGS WHERE THEY SAY I'LL GO AWAY BUT YOU HAVE TO PUT A COUPLE HUNDRED MILLION BUCKS TOWARDS THAT. IT’S DWINDLED DOWN TO A MINOR AMOUNT.
ANOTHER ONE IS JUST BEING POWERFUL. “I STOPPED THE WORLD. WATCH ME.” JUST TO SAY THEY'VE DONE IT, THEY'VE STOPPED THE ENTIRE WORLD PROCESS. I WOULD ARGUE THAT HISTORY IS GOING TO NAIL THEM FOR THAT ONE.
THIRD ONE IS THIS WASN'T THEIR IDEA AND THEY'RE STILL UPSET THAT THIS WASN'T THEIR IDEA, OR IT WASN'T THEIR IDEA AND IT WAS MAINLY PUSHED BY A GUY THEY GREATLY DISAGREE WITH, MAYBE THE LATTER PART OF A DECADE OF A CAREER OR LONGER SAYING “THIS GUY IS AN IDIOT.” IT'S TOO MUCH FOR A LOT OF THESE GUYS TO BEAR, THE GUYS THEY HAVE BEEN CONSTANTLY HAMMERING ON FOR A LONG TIME NOT NECESSARILY OUTSMARTED THEM BUT IT WAS THEIR IDEA AND THEY'RE PRETTY SMART PEOPLE TOO.
THAT'S THE TOP THREE.
C: I'M HEARING PEOPLE ARE NOT WANTING TO TAKE OUR MONEY AND THEREFORE PERHAPS THERE WILL BE NO RV.
DC: RIGHT, WE DON'T HAVE GOLD BACKED CURRENCY; WE HAVE FIAT-BASED CURRENCY. THAT'S HOW IT'S BEEN. THE INTENT IS EVENTUALLY (KEY HERE) BACK TO AN ASSET-BACKED FINANCIAL SYSTEM SO THERE'S MORE STABILITY IN THE MARKET.
ALSO A FUNDAMENTAL DISCONTENT WITH WHAT THE FED DOES, WHICH IS PRINT MONEY AT A HIGH RATE. YOU CAN'T REALLY PRINT MONEY IN AN ASSET-BACKED CURRENCY.
ESP WITH THE US WHICH IS BY FAR THE BIGGEST PRINTER OF MONEY, WE'LL GET THERE PROBABLY PARTIALLY BUT IT'S GOING TO TAKE A LONG TIME. SO DO PEOPLE WANT TO TAKE OUR MONEY? YEAH WE'RE THE RES (?) CURRENCY OF THE WORLD.
CHINA WOULD MUCH PREFER, AND A LOT OF THESE OTHER COUNTRIES, THAT WE GO TO SOME SDR WHICH IS A BASKET OF CURRENCIES.
T: THAT IS NOT AN ISSUE THAT'S STOPPING THE RV.
DC: NOT AT ALL.
T: ALWAYS GOING TO BE A FACTOR IN OUR ECONOMY, BUT GOOD QUESTIONS. LET ME GO ON TO SOMEONE ELSE.
C: LAST NIGHT I WAS LISTENING TO ANOTHER BLOG, JUST GRINS AND GIGGLES. THEY QUOTED YOU GUYS SAYING THE DONG WAS GOING TO BE FIVE CENTS.
NEITHER ONE OF YOU SAID THAT! IN FACT, I THINK IT WAS DC WHO SAID IT WAS GOING TO BE MULTIPLES MORE THAN THAT.
T: LET'S CLARIFY THAT. WHAT I SAID WAS YEARS AGO SOMEBODY ELSE ON ONE OF THE OTHER SITES I WAS WITH SAID IF IT'S MORE THAN 5 CENTS THEN THE WHOLE WORLD ECONOMY WAS GOING TO COLLAPSE. I WILL TELL YOU GUYS THE VNN IS OVER A DOLLAR, SO I WILL GIVE YOU THAT RIGHT NOW. THIS IS NONSENSE THAT'S BEEN COMING OUT AND PEOPLE SAYING THAT.
WHAT I SAID EARLIER, JUST LIKE WITH FRNAK, PEOPLE DON'T LISTEN TO WHAT YOU SAY, THEY JUST TAKE WHAT THEY WANT AND MAKE IT WHAT THEY WANT INSTEAD OF LISTENING TO THE WHOLE CONVERSATION. THAT TELLS YOU AGAIN THERE'S SOME IDIOTS YOU HAVE TO STAY AWAY FROM.
C: ONE OF THE BLOGS IS TALKING ABOUT BANKS HAVING AN EXTRA FORM IN ADDITION TO THE NDA THAT THIS CURRENCY WAS AN INVESTMENT AND IT WOULD AUTOMATICALLY MOVE US INTO THE CAP GAINS THING INSTEAD OF A CURRENCY EXCHANGE. DO EITHER ONE OF YOU KNOW IF THERE IS ANY VALIDITY TO THAT?
C: UNCLE SAM'S GONNA TRY TO GET ALL THE TAXES HE CAN, NO MATTER WHAT.
T: I WOULD JUST HOLD 50% UNTIL THEY FIGURE IT OUT JUST TO BE SAFE. BETTER TO BE SAFE THAN SORRY.
C: ARE THERE ANYWHERE, OR SOMEPLACE YOU COULD LIST LINKS TO GIVE VALIDITY OR VERIFICATION TO A LOT OF THIS INFO THAT'S BEEN GOING ON THE LAST 30 DAYS?
READING M'S STATEMENT SAYING HE ACTUALLY RI'D. IT'S ALL HEARSAY, OR THAT THE BANKS ARE READY. I GUESS WHAT I'M LOOKING AT IS I HEAR YOU AND TRUST YOU...BUT AT THE SAME TIME I'D JUST LIKE TO SEE THIRD-PARTY VERIFICATION FOR SOME OF THE STUFF THAT YOU AND DC ARE GIVING US. THAT WOULD GIVE US PEACE OF MIND THAT THIS IS REALLY GOING.
T: THIS IS WHAT YOU'RE ASKING, YOU'RE ASKING US TO BASICALLY GIVE YOU OUR CONTACTS, TELL YOU WHO THEY ARE, GIVE YOU COPIES OF DOCUMENTS, MEETINGS THEY'VE TOLD US, EXPOSE THEM TO THE WHOLE WORLD OS THEY LOSE THEIR JOB GET ARRESTED, WHATEVER.
C: ABSOLUTELY NOT.
T: THERE'S NOTHING PUBLIC, BECAUSE THEY'RE NOT GOING TO DO THAT IN THE PUBLIC, THE WHOLE WORLD WOULD GO OUT AND BUY DINAR.
YOU DON'T DO SOMETHING LIKE THIS AND LET EVERYBODY KNOW THAT FAR IN ADVANCE. THE INFO WE'RE GIVING YOU IS GOOD INSIDE INFO, MEETINGS THAT ARE TAKING PLACE, DOCS SIGNED AT THE HIGHEST LEVEL THAT WON'T BE PUBLIC UNTIL THEY ARE RELEASED TO THE PUBLIC.
NOT FOR YOU TO GO OUT THERE AND FIND A LINK TO EVERYTHING WE'RE TELLING YOU. ONCE THIS IS ANNOUNCED YOU'LL BE ABLE TO SEE IT ALL!
WHAT DC WAS TELLING YOU GUYS...ABOUT THE FREEDOM OF INFO ACT THE OTHER DAY… THEY WERE ALLUDING TO SOMETHING THAT WOULD ALLOW YOU GUYS TO SEE ALL OF THIS LATER.
C: I DO UNDERSTAND THAT.
DC: THERE IS SOME PUBLIC INFORMATION IF YOU PAY ATTENTION. WE'VE BROUGHT TOGETHER WHERE THE DFI FUNDS WERE RELEASED, WHAT, A MONTH AGO? THERE WERE ARTICLES ON THAT.
THE FACT THAT ON THE BBC, BLOOMBERG AND EVERYTHING ELSE A COUPLE WEEKS AGO THEY SAID ON A THURSDAYTHAT THIS WAS, THEY HAVE REENTERED THE WORLD ECONOMY BY RV'ING THEIR CURRENCY TO THEIR FORMER STATE. THEY WERE DONE IN THE MIDDLE OF THE NIGHT AND NO ONE REALLY PAYS ATTENTION TO THEM.
DC: THEY TAKE THEM DOWN! I HAVE SCREEN SHOTS OF THEM.
THEY'RE LIKE “OH CRAP, THAT THING’S ON THE WEBSITE, TAKE IT DOWN PLEASE!” EVEN HERE LATELY WITH THE AGREEMENTS ABOUT BASICALLY RI THEIR CURRENCY OR BRINGING THE VALUE OF THEIR CURRENCY BACK UP.
THEY'VE MENTIONED THAT DURING THE TALKS WITH M GETTING THE PRIME MINISTERSHIP, THAT'S ACTUALLY IN A LOT OF THOSE ARTICLES ABOUT THE CURRENCY VALUE.
C: A LOT OF TIMES YOU POST STUFF THAT'S BEING POSTED IN THE MOSQUES.
DC: SO IN THE MOSQUES, ACTUALLY LET'S USE THAS AS A GOOD TEACHING POINT....
BASED ON THEIR SUNNI, SHIA, WHATEVER, THEY HAVE KIND OF THEIR VIEWS ON HOW THE NATION'S RUN, WHAT'S GOING ON. TYPICALLY SOMETIMES THEY'RE A LAY PERSON, SOMETIMES THEY'RE A CLERIC, SOMETIMES THEY'RE A PERSON OF RELIGIOUS AUTHORITY WHO BASICALLY GETS KIND OF A NEWS HOUR IF YOU WILL… ABOUT WHAT'S GOING ON, WHAT THEY THINK.
SO OFTEN TIMES PART OF THEIR INFO DISSEMINATION THE GOV'T SENDS TO THE CLERICS, “HEY DO YOU MIND MENTIONING THIS IS GOING ON?” THEREFORE IT'S UP TO THE CLERIC, THAT LEADER, WHOMEVER, TO SAY OH YEAH GO OUT AND VOTE NEXT THURSDAY, PLEASE, AND MEANTIME THEY WILL GIVE THEIR OPINON ON WHO THEY SHOULD VOTE FOR. THAT'S HOW THE SYSTEM WORKS.
C: DO YOU HAVE ANY SUGGESTIONS AS FAR AS HOW TO PROTECT OURSELVES TO MAKE SURE THAT WE'RE DOCUMENTING THAT THIS IS GOING TO BE A CURRENCY EXCHANGE INSTEAD OF SOME FORM OF AN INVESTMENT? WILL THERE BE AN OPPORTUNITY TO DO THAT?
T: I DON'T KNOW UNTIL WE GET THE DOCUMENTS. ALL WE'VE BEEN TOLD IS TO GO IN AND SAY I WANT TO DO AN EXCHANGE, NOT CASH OUT AN INVESTMENT.
C: THE OTHER DAY YOU WERE TALKING ABOUT THE BANK, THE NDA FORMS AND THAT WE SHOULD POSSIBLY USE TEM WITH OUR TAX ATTORNEYS AND FINANCIAL PLANNERS, ETC. WILL THEY BE ABLE TO GIVE US AT THE BANK THOSE NDA FORMS TO GIVE TO THOSE PEOPLE?
DC: THEY'RE SUPPOSED TO YES. BASICALLY SAY HERE'S WHAT WE NEED YOU TO SIGN. THERE WILL BE PPL ASSIGNED TO SAY JOE BLOW, YOU HAVE TO HAVE, HERE'S THE DOCS YOU NEED TO SIGN, GIVE THIS TO YOUR TAX ADVISOR, GIVE THIS TO YOUR ATTORNEY ,ETC. WE'RE GONNA GIVE THE DOCUMENTATION A WALK THROUGH EXACTLY WHAT TO DO. MY UNDERSTANDING IS THAT THERE WILL ALSO BE A WEBSITE TO REVIEW THE DOCUMENTS THEMSELVES.
WE'LL HAVE THAT PACKAGE AS SOON AS THAT IS GIVEN TO US.
C: THERE IS A LITTLE TALK, AND I REALIZE THIS IS A LOADED QUESTION, THAT THE POSSIBILITY OF THIS EITHER BYTUESDAY OR MAYBE BY THE 14TH OF JUNE. IS THERE A POSSIBILITY, I KNOW THERE' S ALWAYS A POSSIBILITY, BUT THE LIKELIHOOD OF IT GOING BEYOND JUNE 14TH....
DC: I THINK ANYTHING'S POSSIBLE, BUT IN NO WAY AM I SEEING ANYTHING RELATED TO A FEW DAYS AT A TIME, I MEAN, PEOPLE CAN SAY OH IT'S NOT GONNA HAPPEN UNTIL THE 15TH, 30TH, WHATEVER. NO WAY IN HELL THAT'S GONNA HAPPEN. I WOULD FIRMLY STATE THAT NO ONE WHO IS BLATANTLY SAYING THAT.
SO IF IT DRAGS OUT TO THE 14TH, WHATEVER, IT WON'T BE BECAUSE THEY PLANNED TO DO IT THAT WAY IT WILL BE BECAUSE THEY CONTINUE TO ARGUE. THAT'S VERY MUCH HOW IT'S BEEN REALISTICALLY FOR THE PAST 6-8 WEEKS.
T: SOMEBODY ASKED EARLIER HOW CAN WE SOUND SO POSITIVE….SAY IT'S THE LAST CALL. IT HAS LITERALLY GONE DOWN TO THE LAST HOUR... LOOK IN THE NEXT HOUR, WE'VE BEEN GETTING THOSE PHONE CALLS AND THEN OKAY IT'S NOT GONNA HAPPEN, THAT'S HOW CLOSE.
WHETHER IT'S STRATEGIC, WHICH I BELIEVE IT IS, IT'S JOE'S TURN, NOW IT'S MARY'S TURN, NOW IT'S FRANK'S TURN, SOMEBODY COMES UP WITH A REASON.
M IS SAYING: NOW THAT I'M BACK IN CONTROL AND YOU GUYS KNOW IT I'M GOING TO DO IT WHEN I WANT TO.
IT'S NONSENSE AND I'VE SAID IT. WHEN YOU GIVE ANYBODY MORE THAN HOUR THEY WILL FIGURE OUT HOW TO STOP IT. THAT'S WHAT THEY DO, BACK AND FORTH, SO SOMEBODY CAN SAY WE DID IT WHEN I SAID DO IT. =THAT'S WHAT THE REAL ARGUMENT IS ABOUT. THEY DIDN'TWANT IT DONE BEFORE THE 1ST OF JUNE ANYWAY. IF THEY COULD STRETCH IT TO THE FIRST OF JULY THEY WOULD DO THAT TOO, BUT THINGS HAVE GONE HOUR TO HOUR.
THAT'S WHY WE HAVE BEEN OPTIMISTIC, BECAUSE WE KNOW EXACTLY HOW CLOSE IT IS AND IF SOMEBODY SLIPS UP ONE TIME IT'S GOING THROUGH.
DC; ON THE DAY-TO-DAY STUFF, IT IS EXHAUSTING EVERYBODY, EVEN THE PEOPLE FIGHTING IT. IMAGINE IF YOUR JOB WAS TO INITIATE THIS, IT'S A PRETTY HEAVY THING TO DO! TO BE IN THE MIDDLE OF THE LARGEST FINANCIAL EVENT EVER.
WE'RE JUST SPECTATORS, SOME HELP A LITTLE ON THE INSIDE TOO, AND TYEY'RE LIKE OKAY IT'S GOING DOWN RIGHT NOW, CALL THE CALVARY, GET EVERYBODY ELSE READY, AND AW CRAP, JOE BLOW OVER HERE DECIDED TO BE AN IDIOT AND MESSED IT UP. ALL TIMES OF THE NIGHT AND DAY, IT'S PAINFUL. THEY'RE FINALLY LIKE OKAY UNCLE, I GOT MY ORPHANAGE PAID FOR.
A LOT OF THAT, THE MORAL HIGH GROUND HAS BEEN USED AND SO NOW A LOT IS JUST DIRTY POLITICS.
C; APPARENTLY THE REASON FOR UP TO THE 14TH WAS FOR IRAQ TO GET POLITICALLY SITUATED WITH ALL THE APPOINTMENTS.
DC: THAT DOESN'T HAVE A DATE ON IT, AND ACTUALLY IS SUPPOSED TO BE ANNOUNCED WITH N THE NEXT 72 HOURS, BUT THAT DOESN'T HAVE A HARD TIME LINE ON IT, IT HAS A PRETTY MUCH WHEN THEY GOT IT DONE.
LAST TIME IT TOOK UNTIL OCT TO GET IT DONE. THAT'S HOW LONG THEY CAN TAKE TO GET THEIR ACT TOGETHER.
[2:06:16 PM] Claude: THE OTHER GOVERNMENT, ALL THE MINISTERS ARE ALL IN PLACE UNTIL THAT TIME. NATURALLY IT BECOMES AN ISSUE THAT THEY WANT TO GET IT DONE BEFORE THAT TIMELINE BUT THEY DON'T HAVE TO.
A LOT OF PEOPLE WHO ARE BUYING OFF ON THE MALIKI DEAL ARE SAYING HEY, OKAY FINE, WE KNOW YOUR PROPENSITY TO DRAG SOMETHING OUT SO IF YOU GET THIS DONE BY SUNDAY NIGHT THEN YOU CAN HAVE YOUR P-MINISTERSHIP. IF YOU DON'T GET IT BY SUNDAY NIGHT, DEAL'S OFF. THERE ARE TIMELINESS PEOPLE ARE TRYING TO PUSH TOWARDS.
M'S A SMART GUY, NO ONE'S CALLING HIM AN IDIOT, HE KNOWS THE TIMELINE AND ALSO KNOWS IT WILL TAKE TIME.
C: IN REFERENCE TO PAY IT FORWARD, MYSELF IM A VIETNAM VET AND I'D JUST LIKE TO HAVE THE AUDIENCE AND A LOT HAVE ALREADY SPOKEN OF THIS TO REMEMBER OUR VETERANS, THE AMERICAN LEGIONS, VFWS AND THAT, DO A LOT FO COMMUNITY SERVICES.
BUT ALSO FOR THE VETERANS THEMSELVES, THE ONES THAT ARE IN THE VA, THEY VISIT THE VA'S AND MAKE DONATIONS OF CLOTHING AND MISC PERSONAL EFFECTS, IF SOMEBODY WANTS TO DONATE TO THEIR LOCAL VETERANS' ORGANIZATION, TO GO DIRECTLY TO THE VETS THEMSELVES IN THE VA HOSPITALS, I THINK THAT'S SOMETHING THAT SHOULD BE HIGHLY CONSIDERED. BOTTOM LINE THAT'S WHAT THIS IS ALL ABOUT; IF IT WASN'T FOR THE VETS, THIS SITUATION WOULDN'T EVEN EXIST. JUST WANT TO THANK YOU GUYS, EVERYBODY...
T: WHILE HE IS WAITING TO DO THAT, WE GOT SOME VERY INTELLIGENT PEOPLE IN OUR SITE WHICH HAVE BEEN ON THE CALL THIS MORNING ASKING SOME GREAT QUESTIONS. HOPEFULLY GET EVERYBODY TO UNDERSTAND IT, BUT I'M ON TWITTER AND SEE WE HAVE SOME COMPLETE IDIOTS WITH NO UNDERSTANDING OF BIG GOVERNMENT, WORLD AFFAIRS, OR HOW POLITICIANS WORK AT ALL, THOSE WHO ARE SAYING TONY/DC YOU'RE LYING/BEING LIED TO.
T - WHO DOES THIS MAKE SENSE TO THAT M IS NOW THE HOLDUP WHEN HE WASN'T LAST WEEK, HOW DO YOU HELLP THOSE IDIOTS BECOME INTELLIGENT PEOPLE?
DC: FIRST I WOUDLN'T CALL THEM IDIOTS.
T: BUT THEY ARE, THEIR COMMENTS TELL ME THAT THEY ARE.
ANYWAY, THIS IS REALITY, I WANT THEM TO UNDERSTAND, WE'RE TALKING IN ENGLISH, EXPLAINING EVERY PIECE OF IT, FOR THEM TO CONTINUE TO SAY WE'RE LYING OR BEING LIED TO...CAN YOU REACH THOSE PEOPLE?
DC: I WILL TRY TO. FIRST JUST A GENERAL LESSON IN HUMANITY AND BEING NICE TO OTHERS, I DON'T GIVE A darn WHO YOU ARE, WHAT'S GOING ON, I'VE TALKED HIGHEST TO LOWEST IN A LOT OF DIFFERENT COUNTRIES.
DC - EVERYBODY DOES, WHEN IT'S ANONYMOUS WHEN YOU THINK YOU’RE ONLINE AND YOU'RE BEING A JERK, YOU'RE STILL BEING A JERK TO A PERSON. WE'RE TRYING TO DO THIS AS A VOLUNTEER THING, TONY 'S NOT GETTING PAID, I'M NOT, AND WE SPEND 40-60 GHOURS A WEEK ON THIS. IF YOU DON'T WANT TO LISTEN AND THINK WE'RE IDIOTS, TURN OFF THE **** PHONE.
#2, WHY DO WE THINK M IS STILL IN POWER? THE WORLD DOESN'T WORK WITH ONE EVIL GENIUS RUNNING THINGS. IF YOU THINK THAT, FRANKLY, YOU NEED TO GO BACK AND PAY ATTENTION TO SOCIAL STUDIES IN HIGH SCHOOL. THERE ARE CHECKS AND BALANCES AND ALSO IN ANY KIND OF DEAL, IT RARELY HAS ONE PERSON TOTALLY IN CHARGE AND ONE PERSON TOTALLY SUBSERVIENT.
IN THIS WAY THE POINT IS THAT YOU HAVE TO HAVE EVERYBODY'S INVOLVED IN THE THING AND AT CERTAIN POINTS SOME PEOPLE HAVE MORE POWER BASED ON EVENTS THAT ARE ONGOING THAN OTHERS. SOMETIMES IT'S RELATED AND SOMETIMES IT'S NOT.
FOR EXAMPLE, IF WE CAN USE A REAL LIFE EXAMPLE,.. THEY DON'T HAVE NEAR AS MUCH LEVERAGE, SO THEIR LEVERAGE CHANGES IN A NEGOTIATION. THAT'S WHAT'S GOING ON, THIS IS ABOUT IRAQ, WHETHER WE LIKE IT OR NOT, IT'S THEIR COUNTRY, THEY ARE A SOVEREIGN COUNTRY.
CHOSEN BY THE COALITION GOVERNMENT DULY ELECTED BY THEIR CITIZENS, THEY HAVE AN INDEPENDENT CENTRAL BANK MUCH LIKE OUR FED, AND THOSE FOLKS HAVE TO CHOSE TO GO TO, EVERYBODY'S BEEN NEGOTIATING AND STALLING AND USING EVERYTHING THEY CAN TO GET THIS DONE.
VERY FEW PEOPLE CAN STOP IT BUT M'S ONE OF THEM. THEY CAN COME ON AND SAY LISTEN TO THE, YOU KNOW, IT'S OUR COUNTRY AND WE'RE GOING TO CHOOSE IT WHEN IT FITS BEST OUR TIMELINE. THEY CAN ACTUALLY BE IN CHARGE OF THAT SITUATION. THEY ARE THEIR OWN DULY ELECTED.
THEY'RE ALSO NOT ALL IDIOTS WHO ARE SAYING THIS IS A PIECE OF, I'M NOT GONNA SHOOT OFF ALL MY TOES AT THE SAME TIME AND PISS OFF EVERYBODY BUT I'M GONNA PUSH A LITTLE. I GOT THAT MEETING MID-AFTERNOONON SUNDAY, IT WOULD BE REAL NICE TO WALK IN THERE LOOKING LIKE A HERO SAYING WE PULLED THIS THING OFF.
C: I HAVE SOME FRIENDS INVESTED IN DONG AND DINAR THAT ARE GOING TO BE IN EUROPE FOR ABOUT 3 MONTHS. TIMELINE ASSOCIATED WITH EXCHANGING?
DC: TIMELINE ON US GETTING THINGS DONE, I THINK WE'RE ON A DAY-TO-DAY BASIS. I'M REALLY OPTIMISTIC A LOT OF THINGS ARE COMING TO A HEAD ON THE TIMELINE TONY IS TALKING ABOUT.
T: BUT AFTER THE ANNOUNCEMENT IS WHAT SHE'S ASKING. THEY'RE GOING TO BE GONE FOR 3 MONTHS. MIGHT THEY MISS OUT ON SOMETHING?
DC: YOU'RE TRING TO SAY IT AND I'M TRYING TO NOT SAY IT. [T: THAT'S A DC QUESTION.] AND I'M GONNA BE SMART ENOUGH NOT TO ANSWER THAT QUESTION. I DO BELIEVE VALUES WILL CHANGE, I'LL JUST SAY THAT.
T: THER'ES A DEFINITE TIMELINE BUT WE OBVIOUSLY CAN'T SAY WHAT IT IS.
C: WHAT SHOULD THEY DO, I GUESS SOMEBODY CAN'T DO IT HERE FOR THEM RIGHT?
T: THEY SHOULD GO ON VACATION AND PLAN ON COMING BACK, THAT'S WHAT THEY SHOULD DO.
C: THEY'RE ACTUALLY WORKING OVER THERE.
T: TELL THEM TO GO OVER THER EAND PLAN ON COMING BACK, TAKING A 3-4 DAY VACATION WHATEVER THEY NEED TO COMEB ACK AND TAKE CARE OF THEIR BUSINESS.
C: I HAVE FAMILY THAT LIVE IN EUROPE AND THEY HAVE DONG WHICH I SENT THEM. ARE THERE SPECIAL INSTRUCTIONS FOR EUOPRE? ARE THEY GOING TO HAVE AN 800 #, IS THERE ANYWHERE I COULD FIND THAT OUT FOR THEM?
DC: WONDERFUL QUESTION B/C WE HAVE A LOT OF FOLKS WHO HAVE FAMILY OVERSEAS.
DC - I HAVE FRIENDS WHO ACTUALLY EXCHANGED IN THE MIDDLE EAST ALREADY, JUST WALKED INTO A BANK, NORMAL TRANSACTION, SAID HERE IS MY DINAR, THEY GAVE THEM A CREDIT TO THEIR ACCOUNT AND IT WAS PRETTY MUCH A THREE-MINUTE AFFAIR. LIKE EXCHANGING EURO TO POUNDS, IT'S NOTHING.
C: SO YOU MIGHT HAVE MORE INFO WHEN YOU GET THE PACKAGE THEN?
DC: YES MA'AM.
C: AFTER THE EXCH, I KNOW YOU HAVE YOUR SUPERFANTASTIC SITE, ARE YOU GOING TO ALLOW NEW PEOPLE ON THAT SITE?
T: LET ME THINK. I'M GOING TO TRY TO, IF I'M ALLOWED TO. I'M GONNA SAY THAT. I DON'T KNOW HOW RESTRICTIVE MY NDA IS GOING TO BE OR WHAT IT'S GOING TO LET ME TALK ABOUT AND THAT KIDN OF THING, BUT THAT WAW THE PLAN JUST FOR US TO GET TOGETHER, NOT TO TALK ABOUT DINAR BUT ABOUT OUR FUTURE AND THINGS LIKE THAT. I STILL THINK I'LL BE ABLE TO DO THAT.
I AM KEEPING A DATABASE OF COURSE, SO I WILL BE ABLE TO SEND THAT OUT TO THE ONES WE DIDN'T KICK OFF THE OLD SITE. OF COURSE EVERYBODY WHO MADE A DONATION I'M DEFINITELY SENDING THAT OUT TO THOSE PEOPLE AND WE WILL SEE WHERE WE GO FROM THERE.
C: THAT'S AWESOME, I MADE TWO DONATIONS SO FAR. I WOULD BE TOTALLY LOST WITHOUT YOU GUYS AND SO APPRECIATE YOU.
T: THANK YOU.
C: DID YOU EVER SEE THE MOVIE A FISH CALLED WANDA?
C: SO MY QUESTION, ONE OF THEM IS BASED UPON THAT, KEVIN CLEIN IS THE ACTOR, IN THE MOVIE WHENEVER THEY HAD A MEETING WOULD GO OVER DIFF POINTS. ONE OF THE POINTS WOULD BE VERY IMPORTANT AND AT THE END OF THE MEETING KEVIN WOULD SAY OKAY I UNDERSTAND ALL THAT BUT WHAT ABOUT THE MIDDLE PART?
MY QUESTION ACTUALLY IS ABOUT THE MIDDLE PART. THE FIRST PART IS DISPOSABLE PHONES, DO YOU, I GOT MY DISPOSABLE PHONE AND I HAVE JUST RECEIVED MY LAPTOP AND I'M GOING TO GET MY EMAIL ADDRESS. WHAT ABOUT THE MIDDLE PART?
I GOT A CHEAP LAPTOP, WHY SHOULD I HAVE A LAPTOP FOR SECURITY REASONS?
T: I HAVE A LAPTOP I'M USING JUST FOR MY BANK ACCOUNTS. I CANNOT HAVE MY COMPUTER HACKED FROM ANY OTHER SITE. I CANNOT HAVE PEOPLE’S GROUPS, TRUSTWORTHY PEOPLE SEND ME SOMETHING WITH A TROJAN HORSE, ANYTHING ELSE. THE ONLY THING I WILL DO ON THAT IS MY BANKING. THAT'S WHY I HAVE A LAPTOP. YOU MIGHT WANT A TRACPHONE FOR ONE OF THOSE REASONS. LOL
C: I FIGURED I WOUDL PUT MY NON-TRACEABLE EMAIL ON THE BASICALLY THROW-AWAY LAPTOP.
T: IF THAT'S THE ONE YOU WANT TO USE WITH YOUR BANKER, YOUR INFO THERE AND YOU DON'T GO TO ANY OTHER SITE SO YOU CAN'T GET ANY VIRUSES, YOU SHOULD HAVE A SECURE NETWORK I THINK. AS LONG AS YOU DON'T LET IT GO OUTSIDE YOU AND THE BANK.
C BEEN LISTENING TO YOU GUYS FOR MONTHS. THANK YOU. I'M GLAD YOU DON'T HATE DOING THE CALLS NOW.
T; I HATE MAKING THESE CALLS RIGHT NOW.. DON'T BE CONFUSED.. I DO IT BECAUSE SO MANY PEOPLE ARE DEPENDING ON IT.
I USED TO BE ON THE SITE ALL THE TIME BUT IT'S SO SENSITIVE NOW I'M AFRAID IF I SAY SOMETHING SOMEBODY'S GOING TO BE UPSET. I WANT TO GIVE YOU THE INFO. WE JUST WANT YOU TO KNOW STEP BY STEP WHERE WE'RE AT, NOT TO TELL THE WHOLE WORLD.
AND BECAUSE AGAIN WE HAVE WHAT? 11 COUNTRIES, OR 11 AGENCIES?
DC; WE HAVE A LITTLE MORE THAN THAT. IT’S 11 AGENCIES AND QUITE A FEW COUNTRIES TAPPING ALL OF OUR CALLS.
T: MY PHONE EVEN WHEN I'M NOT ON THESE CALLS, SOMEBODY IS NOW LISTENING JUST TO MAKE SURE WE'RE NOT GIVING OUT MORE THAN WE SHOULD OR CREATING AN UNDUE OPPY OURSELVES, BUT THAT'S OKAY. PEOPLE ARE SAYING GIVE US MORE INFO, I TRY AND DO IT ALL RIGHT HERE INSTEAD OF DOING IT THROUGHOUT THE DAY SO YOU DON'T RIDE THE ROLLER COASTER WITH US.
I BELIEVE THIS IS GOING TO BE OVER WITH IN A COUPLE HOURS OR TOMORROW AND WE WAKE UP AND IT'S NOT AND FIND OUT, REALLY? WE GET RIGHT UP TO THE HOUR, BUT THAT'S WHY I'M NOT IN THE FORUM PUTTING OUT INFO AS WE GET IT B/C BELIEVE ME YOU DON'T WANT THIS RIDE WE'RE ON RIGHT THIS MINUTE, YOU JUST DON'T WANT IT.
C: SO YOU'RE SAYING THE LISTENERS HAVE A SMALLER ROLLER COASTER THAN YOU GUYS HAVE.
T: ABSOLUTELY!
C: WILL THE MONEY EXCHANGE FROM THE DINAR BE TRACKED IF YOU SIGN THE NDA OR WILL EVER SINGLE BIT OF IT BE TRACKED?
T: IT'S GOING THROUGH THE TREASURY NOTES, SO IT ALL HAS TO BE TRACKED THROUGH THE ACCOUNTS.
C: I'VE HEARD A COUPLE DIFFERENT THINGS, ARE WE STILL GOING TO BE ABLE TO EXCHANGE ONE 25K DINAR NOTE AND USE THAT TO PAY OFF OUR RES OR EVEN EXCH DONG AND PAY OFF OUR RES OR WOULD IT BE BETTER TO GO AHEAD AND MAKE YOUR FIRST APPT TELL THEM HOW MANY RES YOU HAVE AND THEN MAKE YOUR SECOND APPT. WHICH SCENARIO IS BETTER TO GET THE BEST RATE?
DC: MA'AM, I REALLY DON'T KNOW YET. FRANKLY IT'S CONFUSING TO US, AND WHAT WE'VE HEARD, FROM VERY CREDIBLE SOURCES AT THE UST, AT THE BANKS, THEY ARE CONFLICTING. WE ARE HOPING THE PACKET WE ARE SUPPOSED TO GET CLEARS THAT UP. WE DON'T HAVE A STRAIGHT ANSWER.
T: HOPEFULLY WE'LL BE GETTING THAT REAL SOON.
C: YES ME, TOO. COULD I SPEAK WITH PAM REGARDING GETTING ADDED TO THE FORUM PLEASE?
520 C - BEEN LISTENING TO YOU 4 YEARS, NOT ASKING ANY QUESTIONS, TONY, YOU HAVE A GREAT LAUGH WARMS MY HEART WHEN I HEAR IT...
I AM 100% DISABLED SO I CAN'T EVEN GET ON MY COMPUTER SO THIS IS MY ONLY FORM OF COMMUNICATION AND I THANK YOU SO MUCH FOR THESE CALLS. IT HAS KEPT ME SANE AND PATIENT AND I BELIEVE THAT NOTHING HAPPENS UNLESS IT'S IN GOD'S TIME. BECAUSE HE IS THE CREATOR AND HE KNOWS WHEN IT WILL HAPPEN AND IF WE ALL GET ON THE SAME PAGE AND KEEPS OUR HEADS ABOUT US, AND LOVE ONE ANOTHER AND PLAN AHEAD, THAT EVERYTHING WIL WORK ITSELF OUT, BUT WE HAVE TO BE ON THE SAME PAGE. I HOPE THAT'S CORRECT, I HOPE YOU BELIEVE THAT TOO.
T: I ABSOLUTELY BELIEVE THAT, AND THAT'S WHY WE ARE HERE TRYING TO PROVIDE AS MANY PEOPLE AS WE CAN WITH AS MUCH AS WE CAN IN THE DIRECTION, I SAID PLENTY OF TIMES OVER THE PAST FOUR YEARS, I HOPE PL HAVE LEARNED SOMETHING WHILE THEY ARE HERE NOT JUST HERE WAITING TO CASH IN THEIR LOTTERY TICKET, BUT LEARN SOMETHING ABOUT LIFE, ABOUT OUR GOV'T, ABOUT FINANCE, BUT MORE IMPORTANT ABOUT PEOPLE AND LIFE AND WHAT THEY'RE GOING TO HAVE TO DEAL WITH AFTER THEY GET ALL THIS MONEY.
EVEN WITHOUT THE MONEY THE FACT THAT YOU ARE HERE AND WE GET TO SHARE YOUR LIFE WITH YOU THIS WAY, THAT'S ONE OF THE REASONS THAT I'M HERE, SO I THANK YOU FOR EVEN LETTING US KNOW THAT, WE APPRECIATE IT.
T I BELIEVE THAT, I HOPE PEOPLE HAVE LEARNED SOMETHING ABOUT PEOPLE AND LIFE...AND WHAT TO DO AFTER WE GET THIS MONEY, I THANK YOU FOR LETTING ME KNOW......
C - ANOTHER THING I HAVE DONE IS YOU SAY PAY IT FORWARD AND I HAVE MADE A LIST FOR BOTH PROFIT MAKING ENDEAVORS AS WELL AS NONPROFIT IN WAYS THAT WE CAN HELP OUR NEIGHBORS, AND NO MATTER WHAT, THAT 50% THAT YOU SAY TO PUT ASIDE FOR TAXES.
ANYTHING THAT I MAKE PROFIT AND I DON'T HAVE A LOT, I MEAN I'M NOT LIKE MOST OF THESE PEOPLE WITH HANDFULS, I'M A SMALL FRY, SO WHAT I WILL DO IS TRY AND DO THINGS THAT ARE GOING TO PROVIDE JOBS AND EDUCATION AND HELP MY NEIGHBORS.
THERE ARE SO MANY THINGS WRONG IN THIS COUNTRY AND WITH 60,000 VETS A YEAR WHO HAVE BECOME HOMELESS, THERE ARE PPL THAT NEED WORK AND WE NEED TO BUILD OUR NATION BACK UP AND WITH WHAT WE HAVE WE SHOULD BE ABLE TO DO THAT IN A RESPONSIBLE MANNER IF WE JUST USE OUR HEADS.
LOVE ONE ANOTHER AND PRAISE THE LORD DAILY FOR WHAT HE HAS GIVEN US RATHER THAN COMING DOWN ON YOU AND DC AND ANYONE ELSE AND SAYING YOU'RE NOT GETTING IT DONE, WELL YOU HAVE TO REALIZE THE MIDDLE EAST HAS BEENAT WAR AND AT EACH OTHER'S THROATS FOR THOUSANDS AND THOUSANDS OF YEARS AND WE CANNOT CHANGE THEIR VIEWS.
ALL WE CAN DO IS HOPE THAT GOD KNOWS WHEN THE TIME WILL BE THAT THIS WILL HAPPEN AND YOU'RE PART OF THAT AND PLEASE DON'T ASK TONY AND DC WHAT THEIR SOURCES ARE FOR CRYING OUT LOUD! USE YOUR BRAINS!
YOU'RE NOT IDIOTS, PLEASE OPEN UP YOUR HEARTS, STOP BASHING SOMEONE WHO HAS GIVEN HIS LIFE TO HELPING YOU PPL, WE THE PEOPLE OUT THERE, PLEASE RESPECT THESE MEN, RESPECT THESE MEN AND WOMEN WHO ARE HELPING YOU....
T: I WANT TO THANK YOU FOR ALL OF THAT AND UNDERSTANDING AND WE APPRECIATE IT. I DID WRITE YOUR NAME AND NUMBER DOWN B/C I'M GOING TO CALL YOU AFTERWARDS.
C: GOD BLESS YOU! I REALLY APPRECIATE IT....ETC.
C ALL WE CAN DO IS HOPE WHEN GOD KNOWS WHEN THE TIME WILL BE......OPEN UP YOUR HEARTS, STOP BASHING EVERYONE. RESPECT THESE MEN AND WOMEN WHO ARE TRANSCRIBING......I HAVE A LAP TOP I DONT HAVE ANY HELP.....I HAVE SOMEONE WHO LETS ME KNOW WHEN THE CALLS WILL BE...IT WILL HAPPEN IN GODS TIME....
480 C: M CAN STALL FOREVER, BETTER THAN ANYONE IN THE WORLD, IS THERE AN END DATE THAT HE HAS TO HAVE THIS ALL TOGETHER OR CAN HE MAKE THIS GO ON UNTIL OCTOBER.
T: NO.
DC: WHAT I SAID WAS THE LAST TIME THEY DRAGGED IT OUT OCT. FRANKLY A LOT OF THAT WAS NONESSENTIAL.
THERE ARE TIMELINES... SO A LOT OF THESE PEOPLE WHO ARE GOING TO JOIN HIS COALITION SAID OKAY MR. M.,WE'RE THERE WITH YOU BUT YOU HAVE TO GET THIS DONE WITHIN THIS TIMELINE, AS LONG AS YOU GET IT DONE WITHIN THAT TIMELINE WE'LL AGREE TO YOUR TERMS. THAT'S IN ESSENCE WHAT HAS BEEN GOING ON, THE ACTUAL NEWSPAPERS AND TELEVISION INTERVIEWS HERE IN THE LAST TWO DAYS....
T: THEY BRIEFED EVERYBODY IN THE MOSQUES ON EXACTLY WHAT HE HAS TO DO AND THE TIMEFRAME IN ORDER TO MAINTAIN IT.
DC: I WAS REALLY SURPRISED BY THAT BUT THEY ABSOLUTELY DID.
C: I KNOW I'M GONNA SIGN AN NDA AT THE BANK. WHO KEEPS CONTROL OF THAT NDA?
DC: THE BANK WILL HAVE IT, THEY WILL FORWARD THAT TO SEVERAL DIFFERENT AGENCIES THAT WILL HAVE THAT AS WELL.
C: THE ONE THAT THE BANK IS GOING TO GIVE ME FOR MY TAX ATTY AND PPL LIKE THAT TO SIGN, WHO GETS THAT, HOW DOES THAT GET HANDLED?
DC: THE BANKS ARE SUPPOSED TO HELP COORDINATE WITH THAT AND IS SUPPOSED TO BE LOGICAL INSTRUCTIONS.
YOU'RE SUPPOSED TO BE ABLE TO SAY OK JOE BLOW, ATTORNEY, ETC., I NEED YOU TO GO TO XYZ WEBSITE... YOUR BANK IS SUPPOSED TO HAVE IT AND A WEBSITE IS SUPPOSED TO HAVE IT.
C: HOW MANY TIMES DURING A Q&A SESSION DO YOU TWO ROLL YOUR EYES OR DROP YOUR HEAD IN FRUSTRATION?
DC: TONY YOU FIRST BUDDY!
T: OH MY GOD. YOU KNOW WHAT? I USUALLY DON'T EVEN THOUGH I GET THE SAME QUESTION TWO OR THREE TIMES WHICH TELLS ME PEOPLE AREN'T LISTENING ON THE CALL, JUST WAITING TO HEAR THERE #, UNLESS I GET IT CONSECUTIVELY.
OR WHEN PEOPLE JUST ASK I DON'T KNOW IF IT'S OBVIOUS QUESTIONS EXCEPT THEN I TRY AND GO BACK TO IT AGAIN BECAUSE WHAT I THINK IS OBVIOUS SOME PEOPLE DON'T HAVE A CLUE I GUESS. I TRY NOT TO DO IT BUT DOES IT HAPPEN? YES!
DC: I ALMOST NEVER DO IT BECAUSE FRANKLY I'M IN THE PLACE THAT WE'RE IN THIS FOR AN EDUCATION AND I SHOULDN'T BE INSULTING THE PEOPLE I'M TRYING TO EDUCATE.
THE FOLKS WHO GET REALLY COMBATIVE, IT'S LIKE HEY NONE OF THIS IS MANDATORY, IT'S NOT LIKE SOMEONE IS PUTTING A GUN TO YOUR HEAD AND SAYING YOU'VE GOT TO LISTEN TO THESE GUYS ON THE RADIO. OTHER THAN THAT, FRANKLY THAT'S VERY RARE, ALMOST ALL THE QUESTIONS ARE PRETTY GOOD. IF WE HAVEN'T EXPLAINED IT RIGHT TO ONE PERSON THERE'S PROBABLY 10-100 OTHERS WHO DON'T.
C: YOU GUYS ARE BETTER MEN THAN I AM (SHE'S A WOMAN CALLER, LOL)
C: WHEN THE RV GOES THROUGH WILL THAT COUNT FOR A LOT OF THE COUNTRIES, LIKE ZIM, THEY HAVE 100T DOLLAR BILL, THAT COUNTRY NEEDS HELP. IS THIS RV GOING TO HELP THEM?
T: SO YOUR QUESTION IS WILL THE RV IN IRAQ ALSO COUNT AS THE GCR?
FOR ALL THE OTHER CURRENCIES. THE RV IN IRAQ IS THE FOUNDATION FOR THE GCR WHICH ALL THOSE OTHER COUNTRIES HAVE, WHICH WILL INCREASE THE VALUE OF THEIR CURRENCIES ALONG WITH BASEL III COMPLIANCE.
THAT HAS TO HAPPEN BEFORE. IS ZIM ONE OF THOSE CURRENCIES? WE'VE HEARD THEY'RE IN THEY'RE OUT, THEY'RE IN NOW, THEY'RE IN SIX MONTHS FROM NOW, THEY'RE IN FIRST OF JULY, WE'LL JUST HAVE TO WAIT AND SEE HOW IT COMES OUT.
C: THE SIGNIFICANCE BETWEEN THE TREASURY AND THE FEDERAL RESERVE, WHAT REALLY SHOCKED ME AND I HAVEN'T HEARD ANYBODY DISCUSS IT, BUT IT IS THE FACT THAT THE ADMINISTRATION IS NOW SOLICITED GEORGE SOROS TO BE A CONSULTANT FOR THE TREASURY. WHAT DOES THAT ENTAIL B/C I PERSONALLY HAVE HEARD GEORGE SOROS MAKE A STATEMENT THAT THE ONLY THING STANDING BETWEEN THE ONE WORLD GOVERNMENT WAS US OF A AND THAT THE US NEEDS TO BE ECONOMICALLY DESTROYED. THAT WAS ABOUT A YEAR AND A HALF AGO.
YOU'RE GOING TO BRING IN A GUY LIKE HIM RATHER THAN THE GUYS SITTING IN THERE NOW, HIS INTENTIONS TO ME ARE VERY VERY SUSPECT AS FAR AS HE WANTING GOOD FOR OUR ECONOMY.
THAT'S ONE THING. THE OTHER THING IS THAT I DEFINITELY SEE A CORRELATION B/T THE TIMING OF THE GCR AND WHAT'S GOING TO HAPPEN TO SAY NASDAQ THAT'S GONNA HAPPEN AT THE SAME TIME, AND THE ONLY OTHER COMMENT I WILL MAKE IS THAT TEXAS LADY I RECOGNIZED HER VOICE.
DC: I DO KNOW THERE IS A GREAT DEAL OF PERSONAL ANIMOSITY BETWEEN HIM AND SOME OF THE MOST SENIOR PEOPLE IN THE ADMINISTRATION, HOW MUCH PUSH HE HAS ALSO COMES DOWN TO A PERSONAL LEVEL.
IT'S VERY NEGATIVE. 2 IS THERE IS, THERE ARE LAWS, MANY DIFF PRECEDENTS, PEOPLE WHO WON'T BE RULED BY ONE WORLD GOVERNMENT AND EVERYTHING ELSE, I THINK THAT'S GOT AN IMMENSELY REMOTE CHANCE AND WE'VE GOT BIGGER PROBLEMS. PEOPEL CAN WORRY ABOUT THAT IF THEY WANT TO BUT I'M NOT GOING TO MYSELF.
IN TERMS OF THE GCR AND THINGS GOING THROUGH WITH NASDAQ, ETC., I'M JUST GOING TO VEER OFF THAT COURSE CORRECTION AND SAY THE MARKETS, WHETHER IT BE COMMODITIES, NASDAQ, WHATEVER, ARE ALL GOING TO BE VERY VOLATILE.
HOW DO YOU JUSTIFY VALUE, CASH INFLOWS IN THE MARKETS, CASH OUTFLOWS, IT'S GOING TO BE CHOPPY. THE MARKETS WHO ARE A LITTLE MORE VOLATILE, LIKE NASDAQ AND MORE OF THE EMERGING MARKETS WILL HAVE SOME REALLY BIG SWINGS. BEST THING YOU CAN DO UNLESS YOU REALLY UNDERSTAND IT IS JUST TO SIT BACK AND HAVE A MARGARITA AND WATCH THE THING SETTLE ITSELF OUT.
THE POINT ABOUT THE GCR, PPL ARE HAVING DIFF ESP WITH RE THE US DOLLAR OR CANADIAN, OR POUNDS, ETC., ALL THE MAJOR MARKETS, THOSE WON'T MOVE THAT MUCH.
THERE WILL BE SOME ADJUSTMENTS, BUT WE'RE TALKING SINGLE DIGIT PERCENTAGE POINTS MAX. THEY'RE SO BIG IT'S HARD TO MOVE THAT SHIP, ROCK THAT BOAT VERY MUCH.
EVERYTHING ELSE IS JUST GOING TO HAVE A MINOR ADJUSTMENT. THE GCR HAS TURNED INTO THIS, SOME PEOPLE THINK EVERYTHING WILL BE TURNED UPSIDE DPWN. A FEW BOATS ARE GOING TO RISE REALLY FAST AND THE REST WILL ADJUST A LITTLE BIT.
T: IT'S EASIER TO BRING THE EMERGING MARKETS UP AND BRING THE STOCK MARKETS DOWN. WE'RE GOING TO SEE UP AND DOWN UNTIL EVERYBODY ADJUSTS. I HAVE A QUESTION FOR THE CALLER. IS THIS SUPPOSED TO HAPPEN 18 MONTHS, 2 YEARS, ONE WORLD MARKET, GEORGE SOROS IF HE WASN'T ADVISOR, WHAT HAPPENS WITH THE NEXT ADMINISTRATION?
CALLER: AS FAR AS ONE WORLD GOV'T THAT'S GONNA COME UP DOWN THE ROAD. WHY I BROUGHT IT UP, WAS SIMPLY TO QUESTION YOU AND DC AS TO WHETHER HE'S GOING TO BE GOOD FOR US AND OUR ECONOMY.
DC: I THINK SOROS, HE IS A BILLIONAIRE, AN IMMENSELY WEALTHY MAN WHO CAME FROM NOTHING AND MADE MUCH, GREAT JOB OF PISSING A LOT OF PEOPLE OFF.
I DON'T THINK HE'S GOING TO HAVE THAT MUCH INFLUENCE IN THE DEAL.
IN THE GRAND SCHEEM OF THINGS IN THE SCALE WE'RE PLAYING AT HE'S NOT GOING TO HAVE MUCH INFLUENCE.
C: WHEN THIS IS SAID AND DONE, JUST REMEMBER ? SAID THAT THE NASDAQ WAS GOING TO GO WAY UP.
T: WHAT ELSE DO YOU WANT TO TELL US ABOUT THIS WEEKEND?
DC: THANKS TO OUR VETS AND SPECIFICALLY THOSE WHO HAVE LOST LOVED ONES AND WHO HAVE BEEN INJURED THEMSELVES OR AFFECTED BY THOSE INJURED. IT IS A DEBT THAT NO ONE CAN REALLY UNDERSTAND UNTIL YOU'VE DONE IT AND WE DEEPLY APPRECIATE THAT.
PAM WILL TELL YOU WE'RE NOT GOING TO BE DOING A CALL ON MONDAY UNLESS IT IS THE CALL WHICH I WOULD HOPE WE DO BEFORE MONDAY! BUT IF NOT THEN THAT'S WHAT WE'LL HAVE TO LOOK AT, WE'LL DO IT THEN.
C: YOU MENTIONED EARLIER IN THE CALL IF THEY ARE TRADING AT A DOLLAR THIRTEEN, I'M NOT SURE, ON THE ISX, WHAT DOES ? HAVE TO DO BEFORE M LETS THIS GO?
DC: GREAT QUESTION. THERE ARE BASICALLY WHY WE MENTIONED THAT THERE WERE SEVERAL DIFFERENT LINES OF INFO WE WERE GETTING. FOLKS IN KURDISTAN THAT WE KNOW OF HAVE DIFFERENT CURRENCY VALUES AND ARE SAYING AS SOON AS THE US GETS THEIR ACT TOGETHER WE'RE DONE. AND MEANING THE US ACCEPTS OR ACKNOWLEDGES.THE INTERNATIONAL RATE.
THAT'S ONE LINE OF INFO WE'RE GETTING FROM TWO VERY CREDIBLE PEOPLE, SPECIFICALLY THOSE FOLKS IN KURDISTAN. WE'RE ALSO GETTING A LARGE AMOUNT OF INFORMATION SAYING THE CBI HELD THIS UP AND THEN M HELD THIS UP BECAUSE HE'S USING THIS FOR A MAX AMOUNT OF LEVERAGE DURING HIS POLITICAL NEGOTIATIONS.
EACH ONE HAS ITS OWN SUITE OF PEOPLE BEHIND IT, FRANKLY MY MIND IS ON THE FACT THAT M IS USING THIS FOR HIS FINAL HURRAH TO GET THE PRIME MINISTERSHIP, MINISTRY POSITIONS.
