Rv/gcr: Unconfirmed Rumor dinar opens at $11.18. And Dong is north of $5.00
Carden: BRING ON REALITY RATES! SHOULD BE EVEN HIGHER.....
Carden: BRING ON REALITY RATES! SHOULD BE EVEN HIGHER.....
TNT Call notes 3-Dec-2014
Tony: Good morning,
TNT! Today is Wednesday, December 3, 2014. Here we go
again. Pam has declared this One-question Wednesday with new callers
only! If someone has called before, they will get kicked off.
We have some good news coming up.
There was controversy in the last call because DC wasn’t here. Some liked that,
some didn’t; some thought it was a depressing call. Reality is
not always happy, but we understand it, grow with it and go on. I
was listening to the President this morning, telling us what is happening for the next two
years. We are about to be some of the richest people in this
country, and it makes a difference to what you will spend in the next two
years, including whether you will be able to keep that money. I
don’t understand when people don’t want to read the news and listen to the articles. We
should be doing that more than anyone else! We should be reading the books and articles,
and understanding the industries, because that is how we influence things and
leave the toothless crackhead in the rearview mirror.
I’m looking out my window and I see
two bright, vivid rainbows – amazing.
DC: I’m glad to be
back, had a little vacation with my son. Iraq has done some great
things in the last week. Yesterday they announced the formal
agreement to the HCL in Kurdistan and in Baghdad. That certifies the 17% is
going to Kurdistan plus a few other things they changed around. That was a big
thing for Iraq to do. They are adjusting their budget based on the fall
in oil prices, and that was not a surprise. There have been some
good wins against ISIL, getting inside their decision cycle. They are having
a NATO meeting about ISIL right now with Kerry and other leaders, discussing
funding and strategy. On the television side, they have announced
the economic reform is in place, but also there are riots
because it has not been completed yet. They are saying it’s nearly over
with. Abadi gave a great speech about Iraq
joining international markets on Monday night. They are
still prepared for parties and celebrations with areas blocked off and PA
systems ready for the final deal. One reason the riots occurred is
they thought the RV would happen immediately after Abadi’s speech, and they
were disappointed.
Tony: So, Sunday and Monday they were
having pre-celebrations, with everyone excited about the announcements to be
made. Abadi made the first part of the announcement, but CBI didn’t do their part,
and
everyone was upset. So they have rescheduled the celebrations for…
DC: I’m not sure we
should say that. Still, they’ve scheduled them for tomorrow
afternoon through the weekend.
Tony: The weekend again, eh? They are upset in Baghdad, but
partying in Kurdistan this morning. Somewhere between today and Monday
there are a million people coming together and it will be bad if they don’t’
get what they want.
DC: They continue to prepare for
celebrations because yesterday in the US they realized they need to move
forward.
Tony: All that happened
over here is they said, “We heard you but we weren’t listening to
you; now we get it.” So this time is different.
DC: We have to the one
inch line to score. You get sent back to the 50 yard line sometimes,
but you have to get back to that 1” line to score, and all those things have to
occur again to score – such as
the CBI, banks, call centers, etc. Those how have been blocking this
have been told that we didn’t understand the riots (duh) and they have to let
this go. Some have said that PM Abadi is out of the country and they
won’t do it whilst he is out of the country. One,
that’s only five hours flight. Two, if I were worried about the US
throwing me over, and I were sitting across the table from a bunch of world
leaders, and they say they are not going to block it this time, I would pull
the darn trigger here and watch everyone’s eyes. If
they twitch, I’d call them out here, in public. If they
are saying they are serious, I’d pull the trigger and look them in the eye
while I do it. All the celebrations and announcements will be in the
past, so I’d pull the trigger and then get on a flight.
The UN are aggravated as hell that the US continues to throw up BS
flags all the time. They are applying pressure on the US to allow this
to go through. The BIS+IMF are still trying to coordinate timing and keep the
egos in check. The UST and administration guys are being told GO from the
highest levels, as of yesterday. Now everyone is getting
prepped up and going into lockdowns. They are loading the systems back up as
well. The banks are continuing to pay people out at various
rates. Our understanding is that it almost halted over the holiday
weekend, but cranked back up on Monday and Tuesday. The banks are ready to take
this forward now. The security and call centers are prepped and ready to rock.
The ones who are reluctant are still not willing to take the general
public; they only want their select clientele, and the lead bank
can handle everyone else. That will also slow down the whole process for
Dinarland because there are fewer banks willing to take us. Law enforcement is
cued up and watching for bad guys.
Tony: We heard that some people are
going through background checks and getting 10-20% for the first 72 hours.
DC: Yesterday, we
double-checked with all these people going through. Some are worried
about how much is left of the contract pool. We’re not getting exact amounts or
percentages, but we are being told the general public will get some crack at
the contract rates, as of this morning. However, the vast majority will get the
international rates. The latter will find the whole
thing very simple; only contract rates will require NDAs.
Tony: That’s about it. It
could be today, tomorrow or Sunday night. There is a go, go, go now. Iraq will decide when we go
exactly – this time they say they have totally released it to Iraq, for their
timing.
816 caller: The other day,
you had said that there were people going in to exchange, and the banks asked
what they were doing with their money, and if the bank didn’t like their
answer, they wouldn’t get as much money. Is that
true? I’m a bit concerned.
Tony: This is what I’ve
got from those who have already exchanged, and received the contract rate. They asked them
what they planned to do with the funds. Then they decided if the person
would get the contract rate or not. The bank might say that
they wanted the person to keep 50% in the bank for a year. I
don’t plan to spend 50% in the first year anyway, so long as I get some
interest on it and it’s somewhere safe. If you get the rate and your
wealth manager asks what you are going to do with it, the WM might be willing
to offer you more (as a contract rate) if you are doing
something great or if you are willing to leave something substantial in their
bank. If you don’t’ have a plan, or if you are just going to spend it
on houses and cars, then they might not want you as a client. They are looking for people who want to invest their money, as long-term
investors.
Caller: I don’t intend to
spend all my money. I need to invest my money for income.
Tony: I don’t want you to
be blindsided. We should have been thinking about that for the last
2-3 years, and definitely need to think about it now!
610
caller: [Appreciation] I hope PM Abadi does as you
suggest, DC, because this group in the US and NATO needs to think about the people of Iraq. Is
there anything we can do, as a group, to help this go through?
DC: There is nothing
we can do apart from letting the PM speak for his people. All we can do is keep
the light shining on all this. The go-ahead yesterday from the
place it came was a sincere go-ahead; how long that will last, we
don’t’ know. They are acting like it’s real this time, to I pray to
God it is.
Tony: It’s not that they
said GO, it’s that the window is too wide. That’s the only reason you hear
skepticism in our voices.
520
caller: [Appreciation] My mom is 87, and she is going in
to do all this – I gave her currency and gifting letters, and she has a better
relationship with the bank. Our situation has been so dire for the last few
years. We know this IS going to happen, though.
Tony: I’m glad you are making it
through the five years – it’s not easy.
Caller: It’s all on good will built up
over these years – friends and relatives.
843 caller: Can you go over
the tax situation again, please? I’m hearing more of a flat tax for
those who take the international rate.
DC: The tax discussions are all over
the map, and it has not been resolved. Be prepared for the highest taxes for
the moment. The latest is that the international rate will not have
any taxes, and the contract rate MIGHT have 30% flat tax. I
can’t get around the idea of no tax on the international rate, as I’ve always
had to pay taxes, but that is the latest from the banks and UST.
Caller: Can you tell us the
latest rate on the VNN?
DC: They are currently
expecting $1.02.
919 caller: I’ve been
involved in this for over ten years. Those who have been here for
2-3 years, I feel your pain, but hang in there. I have seven people
I’ve gotten into this; should I be allowed to go in with each one of them.
DC: Unless they are physically,
emotionally or mentally not capable of executing a contract, they will have to
exchange on their own. It should be simple and precise, just lining
you up and spitting you out. Once you meet with your wealth manager
and discuss what to do with this money, then you can help all seven of those
people. I have 41 folks that I need to notify, and almost all of
them don’t understand about the currency – they have just put it in their sock
drawer for later. I’ll send them an email with instructions.
DC: You need to be
talking to your groups today, tomorrow, right up to the moment this
happens. Make sure they have a plan. Once you go to your appointment
and you sign an NDA, this is over. They will be on their own anyway. If you
plan to educate them on the dinar, do it now. Otherwise, they will
have to just take whatever rate is offered. I do this call three
times a week; I won’t be able to review it with each of them.
954 caller: I have been
reading some documentation on the new boss at the Fed, Janet
Yellen. Is that agency the one holding this up? I’m
thinking it might be…
DC: It’s my belief
that because the Fed is a semi-independent body, it’s my opinion that they will
follow the rules to the absolute letter because they don’t’ want to get into
trouble with either party. They will do exactly what
international law demands. The UST is an arm of the executive, and they have
been involved in some of the delays.
Caller: I’m thinking the
Fed wouldn’t want this to happen right now. I thought the government
appointed Yellen to take over the Fed – is that the case?
DC: Yes, that is how the Fed works,
that the boss is appointed by the President and confirmed by the Senate. There
are those who do not like the Fed, like the politicians, and they’re watched
like a hawk as they determine interest rates, etc. They try desperately to stay
out of politics. Ben Bernanke says in almost every speech that they
don’t want to do certain things but they have been forced to because the
legislature has not be proactive in sorting out the economy.
Caller: [More of the same]
DC: The Fed has been painfully neutral
on what to do on this. They don’t want to get involved in politics because that
always ends up badly. However, as a person with money, you should
keep an eye what the Fed is doing. For example, their
quantitative easing (QE) has put more money out into mortgages and loans, and
that has kept interest rates low. They think they will keep those rates
down for another year or two until they think of increasing
them. It’s important to understand their line of thinking.
678 caller: [Appreciation] I
have learned a lot from your calls, and watched the suggested movies and read
the books, and I might end up an economic hit-woman! This has been a
long-time vision being fulfilled because I want to help veterans with PTSD, I’m
a mental health professional with a non-profit. I want to expand my
non-profit to help youth and adult education; we want to take it to
another level so that our graduates can go to college. This will
allow us to provide scholarships. I also want to fund my
grand-children’s education as well, to leave a legacy. It is
interesting that some suggest we don’t’ have the insight to use these monies
well. The average person will not get into this type of investment,
and most of us are going to make some massive changes. I think that
is part of the holdup, that there will be a changing of the
guard. I’ve been a human services person for years, and for me these
funds will provide a vehicle for expansion and empowerment in our area. So for
those who think we don’t have a clue – well, we do.
Tony: Knowledge is
power. If you are willing to share the knowledge and build up a
power base, that is where change starts… from the bottom up. We’ll
have new options to change the way we live and society as a whole.
Caller: I believe that you
reap what you sow, and it’s time for God to open up the windows of heaven, for
those blessings to come down, and for me to be an agent of the change that
blesses other people. There are people who others say will never
make it, and I used to be one of them, but I’m a firm believer that those of us
who are blessed need to bless other people and make this a better place for
everyone to live in. We need to learn how to care about our neighbor
as much as ourselves.
405 caller: DC, there is a
fly rod made by someone called Winston – do you have anything to do with
that? How has the dollar increased in value to quickly without our
debt falling? How will the fall in oil prices have an impact on the
oil credits we currently own?
DC: I do intend to buy
one of those Winston fly-rods first things. As for the price of
the dollar, we are the best looking house on a bad block. Germany and Asia are
not doing all that well, India is not picking up as quickly as they’d like, and
the ruble is going to crap in a hand-basket. That’s why the dollar looks
good at the moment. The lower oil prices provide a boost to
economic growth, but the countries that rely on oil are having to adjust – like
Iraq. This RV will still be a wave, but not so big as to cause
too much chaos here. When we look at the independent countries
(gas-wise) they believe there will be a massive economic stimulus into the
system with the rise of gas because the rise in the economy naturally leads to
new cars and new construction. Many think the oil prices will
take a dip and then bring it up to 90-100 dollar range within 6-12 months.
Those countries then will have more money to spend on social
programs. At the moment, this is causing pain in Russia, Iran and
Iraq, but not the Saudis. The US dollar will drop a little
bit, maybe 0.5%, but then the US economy will pick up maybe 5% GDP,
which will strengthen the dollar a lot. So this will be up and down for
a little down, along with the oil prices, but both will rise with the natural
stimulus of the RV.
Tony: Gas will go form
$2.90 up to $4.50 over a year, and everyone with complain. But
it will drop down from $4.50 to $3.50 and everyone is happy. That’s what
they do over a period of time, and people adjust to it. DC is right,
though. I’m ready to get in a fight, and I’m a world-class fight,
and I’m going to make history. I’m inviting five opponents in the
ring at the same time. While I am working out and building up, I am making them
as weak as I can – taking their food, water, power, letting them slip on banana
peels, etc. I know I’m going to take some body blows, but how strong
are my opponents when this fight comes to fruition? When the President said
this morning that the emerging markets are not as fast as they might be, there
are reasons for that. There is (and will be) a change in economic
growth but not as strongly as anticipated because they are weakening the
perceived opponents.
DC: Most of the delays have been
straight power politics. However, they put the shine on of “you need
to get this one more thing done”; but really they have been
political.
254 caller: About the
Admiral’s group, can you tell us what to expect there? Are they
considered dinarians, exchanging the same time we are?
DC: I know part of
those groups have not yet exchanged, and we understand they will be exchanging
early because they are already organized. The paperwork is done, they are
conditioned, and they can be paid easily and quickly. Will they be the only
ones going through? No, the rest of us will be going
through as well.
661 caller: Regarding the
‘window’, you said it was a little too wide… do you mean days or weeks?
DC: They were given
days to do it, and we both said, “Oh, man!” Let’s get it in the next
30 minutes, because shenanigans have occurred when they are allowed too much
time.
Caller: Do you believe it
will happen in this last window?
DC: Many believe it is
the final window, including Iraq, but all of us are cautious because someone
might mess with it again, with all this up and down. We’ve been to
the 1” line before, and that is where we are right now.
Tony: Some banks have scheduled
appointments for Friday; others are having final
conferences, or calling their people in right away. People in Iraq
are saying this is done or nearly done, and some are already celebrating even
while others are rioting in the streets because it’s not over. We
should feel good, yes, but we’ve been here before. I know I said
“way too much time” but we’re still only taking about a couple of days.
407 caller: We got everyone lathered up the
week of the elections, looking for this within 48 hours. Since then, it’s been
nothing but spiteful, pathetic politics that delayed this. Is that an accurate
statement?
Tony: No. The other
scenario DC gave you is a real possibility, and there are other issues that
don’t even involve us. Yes, there are is some petty politics.
DC: On Thursday
October 30th, there was enough progress to do exchanges around the
world. The US and everyone accepted this is going down. The
reasons for it NOT to go through for the general public in Iraq and US have
been political timing and hopes that the wind would blow a certain way, plus a few people
nickel-and-diming Iraq for personal reasons. We hope
that cooler heads will prevail at last.
Caller: You might want to
keep One-question Wednesday and institute Donation Friday, where only people
who have donated can ask a question!
951 caller: What is your
position on the tax rates. I have heard 30%, 10%, and 0% taxes,
depending on the contract, market and international rates.
DC: We have heard that as well, but
it’s not written in stone, so be prepared for the maximum tax rates on income,
because tax regulations have a way of changing.
Caller: I live in
California, and I’m sure Sacramento will want to take a chunk. Also,
what is the maximum you can give an individual without tax consequences?
DC: I believe the
annual amount is $14,000 per individual; if you want to do more,
look into trusts, foundations, or a clever tax attorney.
970 caller: This is about
my decision whether to go for contract or international rates, and the
NDA. My children and their fiancés know about
this; should I have them sign NDAs as well?
DC: I don’t
know. You are doing right by thinking this through beforehand, because
they are dead serious about the trouble if you break or transgress the NDA. My
personal preference is to give them notes, and let them exchange and be
responsible for their own NDAs.
Caller: They were not
responsive to that offer. If their fiancé talks, does that come back
on me, if I have signed the NDA and they have not?
DC: There are 16
different versions of the NDA. If my wife or sibling starts
taking, I’m told they will come back on me. If it’s a minor
slipup, that is less likely. Those who take international rate
won’t have a problem, but if someone says exactly what your contract rate was,
then that is creating a problem.
Tony: Your kid’s fiancé
might know you have currency, but if s/he says “she got X as a rate
and is investing it in Y and Z”, that would create a problem. I
wouldn’t tell them you even went into to exchange until after the wedding
ceremony! You cannot take the knowledge out of their heads
afterwards. It’s the details that cause the problem.
Caller: You mentioned there
is a question now about the reserves… that there might be a conflict with the
exchangers?
Tony: I don’t know what the
reserve plan is. One bank is exchanging all four currencies now,
and another is not dealing with reserves. We just don’t know if you can use
those new funds to release your reserves. There may also be limits
of 50 million dinar, so have a plan. Your dealer will always allow
you to pay for your reserves, so find a way to do it.
626 caller: The other day
you mentioned the zim being “six to nine” – what is that?
Tony: You mean six to nine zeros being
removed. The last time I talked to you all about the zim, the price doubled
after the call, and we don’t want that to happen again.
Caller: Is it still
possible to exchange one note before your appointment?
Tony: I don’t
know. Now that some banks don’t want to accept everyone...
DC: This changes
constantly. Because only one of the major banks will accept dinar and the rest
are picking who they want to do business with, you’ll have to wait in line to
do your exchanges – they won’t let you do that 25K dinar note
prior. The main bank has gone from ¼ of the load to the whole load,
so they want to streamline this process.
509
caller: [Appreciation] I’m concerned about giving
ammunition to those against this RV by having these calls, giving them advance
notice of the restrictions and limits, etc. We say something and they come
up with a way to block it. This bothers me. A POW doesn’t
tell his captor his weaknesses and that is what we’ve been doing.
Tony: I started this four years ago,
when we were nowhere near the level of resources we have now. The
call was not about them, it was about you, how to plan or work around possible
issues. We realized with the new rules that they were actually listening to the
calls. They are now saying “We have to fix this or that” because we talked
about it. So I still give certain scenarios of what I would do… and I think it
is part of why they don’t want us to do the calls, because I would do certain
things differently… but we also have a certain insight into what they are doing
as well. That’s why I say sometimes to look things up, or ask people
in the forum, or replay the calls, or whatever.
Caller: It’s tricky because
you don’t want to talk the wrong way because it inhibits our
process. Also, I’m not seeing the full transcripts on Dinar
Detectives like I used to…
Tony: DD is not our
site. Here on our site, we have the recorded calls and the
transcripts in the forum. I don’t know what they post on
other sites. We used to have someone who paraphrases and puts up her
notes after every call, and another one who transcribes verbatim and posts in
the forum.
Caller: I get
it. I just didn’t’ understand what had changed on the other site.
Tony: I don’t read other sites. I
am too busy gathering our information and doing our calls. You can
always listen to the replays or read the notes on our site, and frankly I don’t
care what happens on the other sites. There are pros and cons as to the info we
put on these calls. We
are being warned by people at the banks and other sources about certain things
that are happening. They are human, and some will be mad
and do/say some things that they should not. They cannot control
each individual person, so be smart and aware of this.
DC: As for your thoughts on the POW
example, I’d like to use a personal example, that is a joke but also
true. When I got into the covert stuff, they put you through SERE
training, in the express lane. If you are capture, especially the mental guys
like me, they give you one bullet. If you cannot end yourself with
dignity, they teach you how to be tortured. You don’t let them you know your
weaknesses. They put you through the training, and I told them not
to touch my teeth or deprive me a sleep, and a couple of days later, they let
me sleep. These guys are not our enemies. They were coming to the same
conclusions, maybe just taking a little longer. Yes, they might
have learned a few things from us, but in general they want to make it as fair
as possible. For example, it looks like there will be a cap of 50
million dinars for the contract rate, because someone with 250 million can
block out five people. The guys torturing me realized my teeth were
an issue, just more slowly than I realized it myself.
Caller: I know there are
many who are on our side… and Semper Fi, DC.
612 caller: With the NDA,
let’s say a person has three currency and only goes for the contract rate on
one of them. Does the NDA cover all three currencies or only the
one? Because if someone asks where my money comes from, I’d like to know
what I can talk about.
DC: The NDA is broad in scope and will
most likely cover all the currencies. They want you to be quiet
about the whole thing.
Tony: So can he say “I made
my money on the German mark?” So long as they don’t have the
details…
DC: You can tell
whatever lie you want to, just don’t tell the truth!
417 caller: Will there be
exchange banks in Missouri?
DC: Yes, in any town
over 100,000, and in most towns over 50,000.
775
caller: [Appreciation] I’m in Nevada, and there is not
one Wells Fargo bank that will talk to me or admit that this is genuine.
DC: We’ve had friends
exchanging in Reno since 31. October of this year. Not that many
people in the banking system know about this, both for security and because all
the staff would quit! They have sent out many memos saying they will
not deal with this until it is an international currency or whatever. No
one is really aware of what is going on. We know there are memos
prepared for when this goes public, and that is when they will change that
mindset. The reception you have got will not change until the RV occurs in
Iraq, because they are only exchanging selected customers.
Tony: There is an exchange city in Reno, I assure you, but they
are not taking a lot of people from the area, but flying people in from other
areas.
Caller: They are saying
it’s a scam, don’t even bother to go to the airport. One WM had a
dinar note on his desk, and he seemed to think that was safe.
Tony: They don’t know what is going on, they don’t’ have the
links or sources, and they are believing their upper management.
DC: They aren’t lying
to you, they just don’t know!
754 caller: For those who
just got into this by default, how do you go about setting up your account if
you don’t have a trust?
DC: Tony and I are not
attorneys. I found the best estate attorney in my area, and had them
help me out. I said, “I have this much money” and they helped me put
into a trust and other entities to protect that money.
Tony: You need to have some basic
knowledge about trust before going in for your exchange. One of our
friends did a walkthrough at the bank, and they said they wanted to set that up
so they knew it was done correctly. They will arrange all that for
you, if you choose, if you don’t have any other option. They want
you to put all your eggs in that one basket. It’s best to get more
knowledge beforehand, so you can be sure of what you want.
Caller: How are they
selecting the ones they call in?
Tony: All we know is that the wealth
managers are selecting from existing customers, people who have come in with
currency. We just don’t know. I wish I knew how, because if so
I’d be sitting across from one of them! Okie called me yesterday and we were
talking, and he asked, “How are all these people going in front of
us? How is this list being generated, that we can’t get in and
all these other people can?” And the worst thing is, we know some of
these people!
540
caller: [Appreciation] I’m a little confused – I’ve just
been following since last summer. In the last month or so, it seems
like we have gone from ‘first mouse, second mouse’ to a bit more trust in how
you are talking about the banks. Is that how you see it, that we
will get international rates, and maybe contract rates with the wealth manager?
Tony: There was
originally a 30-day period in which we would get this done. There are
options: NDA or non-NDA, going in and taking whatever rates they
give you to get it done, or holding out for higher market rates. Then they said
they wanted to do it in ten days and then cut it off. I don’t want
people to lose out because I said it would be greater later. I try
to give you all the information so that you can make your own decisions, not be
blamed because you think I’m saying not to go in or whatever. I’m
trying to give you enough information for you to choose whatever avenue works
best for you. Right now, they are talking about getting the internet
people through and then shutting it down. Right now, they are trying to
get this done in December, so choose one route and get it done.
Caller: I want to do that
because they will take you away as our source of information! I’m so glad I
found you! Do you foresee that waiting until January might be better
because of new tax laws? Or might they do something retroactive?
Tony: They haven’t changed the taxes
yet, so I think it will be next year. This is why I keep saying to
set aside at least 50% for taxes. I live in California, so I’m
setting aside 65% for taxes, and putting the rest to work.
DC: Everyone in Iraq
is ready to go, with celebrations planned. We have everything ready to go here
in the USA; they are continuing to exchange folks, which is a good
sign. WE understand the administration gave their nod again, and I would
argue in favor of having everyone in the same room when Abadi pulls the
trigger. All announcements are supposed to be made post-RV. We
pray to God this is final. As I’ve said 1,000 times, think through
what you will do with the money: set aside enough for taxes, set up
money to make an income, before you give money away or spend it on big items.
Pam: You know more than you think you
know. Things keeps changings, so take your time and think about it –
there is no rush. And remember your professionals!
Ray: Continue to enjoy your
Wealth-seeking Wednesday.
Tony: This is not a lottery ticket,
it’s your legacy. Have
a plan for your wealth manager so they can give you the best service. Have
your Ten Things ready and be flexible. We don’t have the package
yet, and it may change. The window is a day shorter than yesterday
when we found out about it. Everyone is in position and celebrations are
planned for tomorrow, so let’s see what happens!
