Hi, Folks -
Found at dinardetectives.com/updates:
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12-8-14 TNT DINAR CC (Notes by Adept1):
Replay 805.399.1500, PIN CODE 409029#
http://events.instantteleseminar.com/?eventid=63280065
Tony: Good morning, TNT! Today is Monday, December 8, 2014. Hope everyone is doing well, we are expecting a great day and a great week here if nothing else. We’re going to do something a little different today. We will explain what is going on, and then what could be next, and what you should be thinking about next. Info first… DC?
DC: East to west… we have got Iraq prepared, Abadi is back in country and they have passed a few more laws. They have been working at lower pressure because they have a three-day holiday starting tomorrow, so it’s a low week in Parliament. Everyone has their act together, coins are in the right place. They were ready this weekend, three different time, and it was punted twice by the US and once by Iraq. The US delayed it Friday, on Sunday morning Iraq wanted a little time to coordinate, and when they got underway again, the US blocked it again. People are upset in Iraq, and they have changed some of their news notifications to say “the economic reform is occurring, will be done in a few days”. However, it is widely know they are waiting on the US, so people are pretty aggravated at the US for obvious reasons. Iraq is very much ready.
Tony: Friday we knew there was a window, and there was too much time – it was 36 hours, and they announced the time themselves. It didn’t happen. Last night and this morning there are meetings going on. The celebration starts tomorrow.
DC: They were planned for this weekend, and now they are planned for the three-day break. Let’s pray that they happen this time!
Tony: They are not saying “by the 5th or the 8th” but they are saying “economic reforms are ending.”
DC: In the US, everyone was prepared, and the UN is now upset at the US administration for blocking this again. I haven’t heard the reason why it was delayed (or the reason I heard didn’t make sense). The banks are all ready, and they would prefer it during the working days. They continued to pay folks out this weekend and continue that today. They are having meetings right now between all the major players here, in Iraq, Bank of England, etc, trying to coordinate another time right now. The one I know of started two hours ago and we are waiting on the conclusion of those meetings. Everyone is mad and disgusted with the stop and start of this situation. It’s sometimes hard to hear, and I don’t like to give this information, but that’s where we are at.
Tony: Let’s have a discussion here for a moment so that you know what we really think and where we go from this weekend. First, an email: “We all appreciate all you do; it’s thankless job. This has all the hallmarks of manipulation of information to control a large group so there is nothing we can do after it collapses.” And more of the same. “Would it help people if you could indicate the organizations or intel people to confirm this is NOT being manipulated? You must be sick and tired of the string-along.” OMG. You have no idea. DC says that we do this three times a week and it looks like nothing much has changed, but in reality it changes every hour. The details change, but we are still waiting because they gave them too much time to think about it and something else came up as it always seems to. I’ve said many times that I don’t work for the government, banks or exchangers; it’s just information and we give the best as we get the intel and sort through it. We get bad information every day, but we know that they are putting out some false stuff, and that’s why we sort through it, to give you guys the best we have. We still have help in those areas, and some agencies actually tell us when other agencies are giving us BS. We have to sort through that every day…
DC: A lot of people say, “You’re just getting lied to…” and I am, but why? What are they trying to distract us from? Information is still good, whether lies or not, because it’s all pieces of the puzzle and ways to test what you hear. You can still work out what is really going on. If the person is where we think and they are spouting this information, are they doing it for their personal gain, because their boss told them to, because they dislike us personally? They all have patterns, and we have tracked them all. Even if I know something is BS, I want to understand why so we can reverse-engineer the true intel. Most of our sources are straightforwardly giving the best information they have, just to help people out and be nice.
Tony: We have a group that is pro-RV giving us stuff. We have a group that wants to destroy us in the government, and another group that thinks we are doing the right thing. We have to go between those two groups. Doing something like this, you have a hierarchy of information. If you’ve been in the military, you get that there are officers who go to meetings and make decisions, and then the NCOs do the work and make their own decisions in the moment. The officers may say “don’t tell people that” but the NCOs may decide to tell the workers what to do and why, to make it work. The officers may know what they are talking about, but the NCOs actually do it. Some people in this situation who are doing the right thing regardless of what they say, because they are not going to lie for the higher-ups. We combat that stuff every day as we receive information from every level and piece it together. Some people want us to create trouble! We’ve had many questions about congressional enquiries, for instance. And we do have a plan!
DC: Lots of folks are worried about what will happen, and it’s all about common sense. What happens is this: we have basically so many people who have been exchanged and done everything else, here and in the rest of the world. The world has accepted this RV process as something they are doing, by exchanging all these people – they have accepted Iraq revalued on 31. October. I view that as a positive thing because it is a forcing function – the more people they exchange, the better, especially if they crank up the numbers and include me! That forces the folks who have been resisting to get into the process. They cannot block it any longer, no matter how much they want to. They cannot keep those folks quiet. Good reporters and law enforcement people will go round and us people like Tony and myself to find which rocks to look under.
Nobody is naïve here – most are very bright. This administration has world-class PR and communication types. They are very, very good. Why would folks who are that sensitive to what’s going on and who know how fast information can get moving… why would they allow this PR time-bomb to sitting there, ticking? A lot of people know where all the bodies are buried, with massive documentation who are willing to come forward and do the right thing. My personal opinion is because they know that this is about to happen, even if a few people are still nit-picking Iraq at the final moment. All this will go through, although the contract rates will get hushed up through NDAs, etc., because it’s embarrassing that some folks got paid 13 months in advance. Once it’s out, it will be water under the bridge and no one will care. That’s why communication directors in DC are comfortable sitting on a nuclear bomb.
If they get too ****y or arrogant about us knowing all this information, that is fine, but their Democratic buddies will make a difference. This will make Watergate look like a walk in the park, because many politicos have already been paid a lot of money. Many are highly worried about the message this would send. It doesn’t take a high-ranking person to screw up your few remaining years in office by pushing this out on the internet. I’m not trying to be controversial; I’m just trying to explain that this could blow up at any time. We don’t want a big twitter campaign because I want us all to be paid out. People on both side of the aisle are saying “this is what we are trying to do to get you people paid, and if it goes to hell, that will really hold things up. Keep everyone calm please. The guys nit-picking Iraq to death are nearly done…”
Tony: I got word on Friday that some people wanting to expose all the places that are exchanging, and I’m saying NO because they are preparing to pay you! That could just be a show, and that’s what some of you are saying. They know what is coming, and if it is a show. If this is just a manipulation and four million don’t get paid a dime out of this, then we have what those in the background don’t have. You have to be prepared to do this right if it happens. We’re aware of what it took to prepare the Arab Spring. They went through Occupy Wall Street, and we’re told those people are getting involved with “I can’t breathe’ campaign. If those guys get involved in this RV issue, it wouldn’t take much to blow this up. Last year during the twitter campaign, there were people standing in front of the banks saying “We are the people!” If this goes up, it will be a wildfire. We feel they are going to do the right thing, because they know what will happen if they don’t, with all the people we know were paid out, all the documents we have, and all the support. Those people who have exchanged will go to court and testify, and they know all that. We feel they are going to do the right thing, and until they do the wrong thing, we should not do anything, although we can prepared to do things if that occurs. If there is something other than a personal agenda going on, I cannot force them to do anything. If there is a justifiable reason I’m looking at that involves the government doing something for the US citizens or economy, then I’m not going to do something that will affect 360 million Americans. Once this happens, we can come back and recover. If this happens and we people still get exchanged, or if they announce that we are not going to get exchanged, we have to wait and see what they are doing. Have some confidence in what we are hearing. Yes, some people want to destroy this for their own reasons. We have to try to be that central cog that makes everything work right now – getting you’re getting the information, making sure you get through the process the right way, and helping you create your legacy afterwards.
Here’s the problem with this very call we are doing right now: I have been through it. I ‘ve been responsible for 15,000 people in networking marketing, and every decision is based on how it affects those 15,000 people, who will do what I do. I am assuming responsibility for 250,000 people here, and making sure we make the right decisions at the right time. Now I have to be really careful because it affects everyone’s family. Everyone wants to know what I do for Christmas and New Years, and if it goes wrong, it’s all Tony’s fault. I understand that, but you need to understand I’m doing this reluctantly. We are talking to the right people, getting the right information, and if the time arrives when we need to burn it down, I will tell you that. We are all suffering through this, and I’m suffering with you. People who wish they have my life? You have no idea.
You need to see that we are just that close. It could be any day, any moment. We still don’t know the real reason it was delayed this weekend or why it’s taking this long. I know there have been some political reasons, but it has to be something greater than that. I cannot see this current administration saving something for the next administration, that’s for sure.
DC: We believe from everything we are seeing that we are all going to eet paid, but not before Iraq is paid. The US has stopped it many times, yes. If they allowed it to get so close, then everything must be completely and they are ready to go! There can only be minor items and political baloney going back and forth. I have no idea what caused the three delays. I know everyone is really pissed about it.
Tony: But three-day holiday coming up!
509 caller: I’ve only been in this since July, so I have a zillion questions.
Tony/DC: How lucky you are!
Caller: When you go to the bank, you said you would exchange and then find out the rates afterwards…? I don’t like the idea of signing the NDA and finding out the rate afterwards.
DC: Before you sign anything, you need to know what you are getting into. You need to understand the facts upfront. Nobody is expecting you to do so. If you end up with the contract rate, they don’t want you to blab that rate, so you need to sign the NDA before accepting that rate. But it’s set up to be straightforward and easy. Only a few will get that contract rate; the vast majority will get the street rate.
Caller: Sometimes the calls are kind of choppy; it would help if you could repeat the question every time so we could hear that as well as the answer.
410 caller: Are we really going to see an 800 number, or is it something different?
DC: Right now, we understand each bank will take care of its own. Only one bank has agreed to accept all of Dinarland. The other banks (tier 1, 2 and 3) will go through their select customer base instead of one bank coordinating everything.
Caller: So how do we know when to call any particular bank?
DC: When we send out the tweet and when the new rate shows up at the CBI.
Tony: Sending out the tweet will be the signal for the main bank, and the rest you will have call on your own.
352 caller: I don’t think the government gives a hoot about what we think. The way I look at it, there must be something holding them back. You say that you hope they will do the right thing, but there has to be something pretty real as to why they don’t want to go through with this, especially given they are holding up the Iraqi party every week.
Tony: I don’t think that WE are the holdup, although some people are suggesting it’s so that WE don’t get paid – and that means that the Iraqi citizens don’t get paid. They don’t need to delay this to cut us off, they could just cut us off. They couldn’t possibly get away with that after paying out so many people already. If they do that, there are many people will to testify in front of Congress. If they are asking ME to go in front of Congress, they are asking a ton of other people in front of me, and they will be in serious trouble. I don’t work for the government, and I will play the recordings and show the documents to protect myself, and many others will do the same because that’s the right thing to do. Their boss might have told them to do things they knew were wrong, but their boss will throw them under the bus. We have four years of documents, meetings and all the rest.
Caller: Do you think the government is blocking the release of the gold-backed notes?
DC: I don’t think that matters. The people I’m talking to don’t care about that. I don’t think the government cares about the stop-and-start, or the three delays this weekend – not one iota. But they do care about potential problems, such as “what happens if some dirt gets out”. That they do care about.
281 caller: [Appreciation] I have a question and a comment. Since have been going through all this, you guys have been more forthright. My wife and I have considerable dong; can you say what the limits might be on the contract rates?
DC: It’s 50 million dinar, and dong was 100 million, but I think they might adjust that down (on the dong). There were also levels, and they keep changing it. It stuck at 150 million for three months, then they adjusted it down again. I expect it will stick at between 50 and 100 million dong.
Caller: If the cap stays at 100 million dong, and if I have more than that, what’s the best way to handle that to have the best returns.
DC: The dong rate right now is about $1, which is phenomenal. You might just take over 100 million at the international rate and move on. You might give some to your church, foundation, charities, or whatever, or you can give some to your kids, your wife, or someone else so that you each comes out at less than 100 million. Divide it into buckets.
Tony: Asking these questions, we are giving out a lot of information that is causing them to delay because it gives them ideas that they then want to block. They have written new rules following our calls here. If the limit is 50 million, I could show you how to control 400 million with a very simple process. You just have to think it out, but we don’t want to discuss it on this call.
Caller: So my spouse and I can have different appointments?
Tony: Yes and if you don’t have kids, you can borrow mine!
Caller: I voted for our President, and I’m very disappointed at how our government has responded to this opportunity. As Americans, we have bought this like lottery tickets and eventually our numbers will come up. But the people of Iraq – I am very saddened that our government is so bound up with their own selfish political ploys that they could be do something this despicable to the Iraqi people. I know that if our President so desired, he could change this whole circumstance. Leadership starts from the top!
Tony: I’m trying to respond to you without being put on the Most Wanted list. There is a lot of stuff that if more people were aware of them, they would feel the same way you do. There is a lot more going on that we wouldn’t agree with, but then you have to make business decisions sometimes to maintain the lifestyle that we live. Sometimes that is how it has to be done for us to maintain our own freedoms – it has to affect someone else’s abilities along the way that have to be done in that time and moment. I don’t care if the country is doing something for all of us; it’s wrong when someone is holding these things up for personal, selfish reasons.
DC: I agree with the caller – leadership starts from the top.
719 caller: I would be better if I were at the bank and not talking to you… I agree with the caller, I’m in the same position, and I’m so disappointed in our government. I am so impressed with PM Abadi – what he’s done, the cohesiveness he’s brought in – and I cannot believe what our government has done to him and to Iraq. If you want to bring in democracy, this is not the way to do it. I need a little clarification on something… we were so disappointed last Christmas, and the Christmas before, we’ve been let down for so many holidays… will we be strung along until after the holiday this year as well?
DC: I don’t know. It was supposed to go this last weekend, and now there is a new time. If no one gets in the way, it will get done.
Tony: We have heard all of that as well, that they want this in the New Year. Follow the actions, not the words. We see them bringing people in, the specialists for the exchange, and having their final meetings. So someone is telling the banks that this is going, but we keep getting disappointed. Do we have confidence? Well, every time we hear it’s going and there is nothing else to do in Iraq, and it still doesn’t get realized – well, I have less and less confidence. Everything is going apart from the Iraqi citizens getting paid and therefore us getting paid. I know it’s inevitable that Iraq gets its money sometime, and then we will have to get ours or we will have a “US Spring”, and when that happens I’ll be as surprised as you guys. But every time they stop it, I have less and less believe. They keep saying “this is it” and it could be, because there is nothing to stop it except the guys who keep stopping it!
Caller: What happened to the Iraqis rioting in the streets last week? I thought it was supposed to make it go; are they not pushing this?
DC: Everyone is pushing this. The Iraqi finance ministry is having fits because they understand what is happening. We’re getting tons of information out of Iraq because they are so aggravated at this. All those issues and worries about leaks and dirty secrets being aired are there on a daily basis. “You may be moving the goal posts, but I’m facing riots in my country, so get a move on!” Getting this done is the top topic discussion on these daily calls from Iraq.
Tony: There is a three-day celebration coming up, so either they will get it or there will be a three-day riot instead!
248 caller: Vietnam has been exporting for years without an RV; could that happen in Iraq as well?
DC: Iraq has a plan and very bright people to execute it over the last ten years; otherwise the Iraqi dinar would just float on the market. They have done many studies and very worked out plans over the last ten years to deal with explosive growth. Vietnam has done some of that, but not as publically, so they cannot really say what the dong could justify. They are having to use reserve-based theory to revalue their currency.
Tony: Any country can say that they want to raise the value of their currency. There is a Global Currency Reset (GCR) for 200 countries based on Basel III protocols, and those 200 countries are not just wandering around saying, “Hey, I wonder if there is gold under that mountain”. That has to happen to do a GCR – they had to have a foundation, and they chose the Iraqi dinar. China chose Vietnamese dong, because everything in China is built in Vietnam. So Iraq has discovered all these new oil wells, and Vietnam found all these assets to bring up their reserves. Any country has foreign currency reserves, and that adds to the artificial manipulation designed to create this CGR.
Caller: You said we cannot exchange unless the Iraqi citizens cash in. How can we do that? Is that legal?
DC: It is legal. They have used ‘forward-based contracts’ and since the end of October, the CBI has been crediting the banks for the dinar exchanged. So it has in essence revalued since the end of October.
Tony: They are paying out certain categories of people in Iraq as well. They are doing the same thing over there. Unfortunately, we are part of the masses, and we are waiting for their masses to be paid out before we can exchange. Over the weekend, we had more members whose banks contacted them over the weekend, saying this should be happening soon. The banks are contacting anyone who has contacted them about currency, but that doesn’t mean you can call them and get on that WM list.
DC: Pam just texted me because I said that the vast majority of people will get the international rates. Who will get the contract rate and why? China made a deal with the UST saying they would pay more to the groups that packaged their people together, so that they can get the oil credits, like coupons. Some others then said, “Hey, if the groups made that agreement, I want some of my customers to get that rate as well.” China set up a pool where people could exchange at that higher rate. Before March, it looked like those oil credits would go behind the scenes, and the twitter campaign was to shine a light on that. That was fixed, in theory. They agreed to have a percentage of the general public to have a contract rates similar to what the groups are getting. It is NOT a majority of the general public, but here is a good amount, a fair amount, that will go to general public exchanging at contract rates. We know groups and some people are being paid out through the summer, and now they are cranking up that number significantly. Some have exchanged at contract rates, and there is still plenty for us. However, only those who are lucky or quick to dial in will get that access. The banks do not have the numbers because it depends on how much dinar any individual brings it. It’s still a legal obligation for them to allow that to the general public. Also, some people have warned us that if they screw with us, they will make any dirty tricks very, very public. The most senior people in government are looking for any abuse as well. Some people have had their accounts frozen, and some bank people have been fired and are being prosecuted. So we do have backup if that really becomes an issue.
Tony: Will they ask you and DC for your list, have you publish the 800 number, or will be have to wait for the public offering?
DC: We don’t have a TNT list. The only list I have is my personal list of friends and family.
Tony: Can I get on your list, DC? We don’t have our own list; the 800 number will do out to anyone on this call.
614 caller: I’m a first-time caller! I’ve only been following this for nine months.
Tony: Hold on, I was reading a text and I want to clear something up right now for everyone. I got this from the boss lady! I could be totally off base here, because I didn’t believe in the groups forever, and I found out there are 300+ groups, some leaders are stellar (although some are crooks) and the rates go from 5 cents to $28. I think it’s really sad that some just tried to make money off their lists when they could have helped people. The TRNs or Treasury Reserve Notes are something we’ve been hearing about for years, that we are going to have new currency notes overnight, without educating anyone, and oh, yes, we’re going to have a new government overnight as well. I’ve been hearing for years that these TRNs are coming out this Friday with all these craziness going with it. Then directly from the Treasury, I heard that these TRNs are notes that are traded between countries and banks. I got that directly from the Treasury, so I don’t want you all to think that we are having new dollar bills this week. If the general public doesn’t know about this well in advance, 300 million people are going to think it’s fake money. That is not going to happen without a lot of public announcements. Iraq has had so much trouble just getting their people to use the lower denominations! Only the people going to the bank that day would even get the new money, and nobody would accept that at the gas station, grocery store or movie theatre!
DC: The TRNs are just about institutional notes back and forth, and the timing has nothing to do with the RV and our ability to exchange.
Caller: Your explanations have been great today. I am a tax professional, and my boss talks faster than DC! When you talk about what Iraq has accomplished, it feels like there was a storm and the sun has come out. About the dong, I work with a CPA from Chase, and I have a wealth manager and a trust attorney. He has told me that he will call me when this happens. Should I just sit back and wait for him to call me, or keep in touch?
DC: I think you should keep in touch because wealth managers prefer to work with people they already know. If he doesn’t call you, when you get the tweet, call him!
Caller: I got a family member involved and that person pulled in a friend who then gave me a million dong with a card. Should I get a gift letter as well?
DC: The more documentation, the better.
Caller: I’m not in the forum, but I have signed up for one of the events with my husband.
Tony: I thought we had shut that off because we’ll have to have everyone sign up again when DC gives me the go-ahead.
Caller: This site has the events, all the banks, and spaces for the 800 numbers.
Tony: That is the same site! We got everyone registered, and then were told we should not do the events, but now it seems we might be able to. I want to do that as quickly as possible and coordinate with the banks to do the ‘sudden wealth’ workshops while you still have the bulk of your money.
951 caller: Last November when the politicians got theirs and there was a big ruckus, your calls told us that everyone would be happy and we would get the high rates, etc. Now it seems like the rates are going down and they are controlling the contract rates. That seems very unfair! Can you elaborate on this?
Tony: I think it’s unfair, too, but reality is what it is. There will always be privileged people who get more than others. In this case, they are the officials we elected. After this happens, you will be one of those privileged people, and 350 million people will be asking why they didn’t get what you got. Last year, they tried to cut us out entirely, thinking that was only for them, the VIPs. Because we raised a stink, they backed off. The reality is that there’s not enough to go around for everyone to get that same rate. The VIPs will get the highest rate, and for the rest of us it’s a lottery. They will allow a percentage of us gets the highest rate, as selected by the banks AND everyone will get paid much, much more than when we all though this was going to be 10 cents.
Caller: Why is the international rate lower than a few months ago?
DC: The price of oil is the driving function.
Caller: Why is the head person of the UST making all these delays, and President Bush was telling him to back off?
DC: What are you talking about? Secretary Lew? I don’t read the other gurus. Secretary Lew has bosses, so it’s coordinated, but he is involved. His bosses have said, “this T needs to be crossed” or whatever, and his is the go-to guy. It’s not one person doing this. There is one person in charge of the executive, yes, but it’s a whole team. There are now people on both sides saying “Get over it and move on”. There is a lot of inside maneuvering going on… and that will not hidden in the end. They know what this will cost them when it comes out. It’s not personal; don’t make it personal.
Caller; Do you think we will get this before Christmas? In your heart of hearts?
DC: I do. This weekend, the delays were 18 hours and ten hours. It’s hard to justify days or weeks now. It’s hours.
Tony: The meetings took place this morning and we don’t know the outcome because we’ve been on this call.
DC: Everyone loves to say “Oh, it’s President Obama” blocking my ability to buy Christmas presents, and it’s not like that. Yes, one person might be saying the word, but there are people around and above him with their positions and opinions. Some are afraid of their shadows. It’s not about one person doing something or not doing their job. We are like the free press, calling the shots as we see them. We are like the announcers at college football, saying “He’s on the fourth yard line, and crap, he’s been intercepted!” Don’t get mad at the announcers – it’s not their fault! Everyone was blaming us for a while, and now they have calmed down quite a bit. They don’t like our information, and some don’t even like my voice! We don’t see this as a personal attack on those who created the delay, we just report there was a last-minute punt on Sunday at 10am.
Tony: We are reporters, arbitrators and advisors to both sides. We are just trying to do the right thing for everyone involved so that we can be done with this and move on with our lives. That’s our position.
618 caller: Last week I was interviewing wealth managers in southern Illinois, right cross the river from a major metropolitan area. I set up an appointment at 5/3, and then they backed off because “it hasn’t happened yet”. Well, I said, I am interviewing wealth managers, and you are saying you don’t want to do business with me? You had better tell your wealth manager what he just gave up!
DC: A lot are getting eager, but a lot of the bankers are nervous and don’t have much insight into the timelines. They feel like they are at the end of the whip, and they never know when or where they will end up. First hey are not handling any public, then they are told they handling all the public exchanges. So don’t give up on that guy; he might not know what he is dealing with. But you’re right – they should at least meet with you because they don’t know what you already have.
954 caller: First time caller from Texas! Has there been a date for new currency to be issued on Iraq to replace what they have? Under international banking law, I understand there is a two-year window that they have to accept the old currency, and after that, it becomes null and void. Is the government trying to get us past that two-year window?
DC: I am constantly told by opinionated Democrats that they are actively trying to push this through for us. Iraq has issued new currency, but not as replacements – it’s the lower denominations that they have refreshed or renewed. They have not declared the older currency, and they would have to do that to make our larger notes invalid. In the US, a thousand-dollar bill is still valid, you just don’t see them outside the banks. They have paid so many people over the last year and a half and it’s easy to make that about us, but it’s just the US and Iraq holding off for political reasons. Iraq has to go ahead of us, if it’s only by five minutes, and they need to have the US on board to do that.
Caller: [same again] They could use that as an excuse to shut this down.
DC: It is not their intent to do that, from everyone I’ve been talking to. Those folks behind the scenes are giving no indication of that. Last Thursday, a Senator called and said that we needed to have a press conference because he heard misinformation hat someone was trying to leave the Iraqi and US public out of this after paying the select few. That campaign has been going on for over a month and he got caught up in it. It’s very bad form for a Senator to be lied to, and they want to avoid that kind of problem. Even a Senator will come out and raise hell if anyone tries to screw the Iraqi people out of what they are due, and the same for us as well.
Caller: Please could you say anything about rupiah rates? And what the reserves?
Tony: There are some pushy Texas people! The rupiah has stayed the same for ages: $1.05. Every time I talk about another currency, the rate goes up. The Zim went up by $300 last week – the dealers are making money just off you asking questions. As of last week, one bank said that they would not deal with reserves; they were only handling dinar. At another bank, they exchanged all four currencies, but they still didn’t talk about reserves. We don’t know what the policy will be with the reserves until this goes live and we get the package.
DC: The amount of time to get reserves can take a while just because the dealers have so many customers. Every bank could have a different policy.
Iraq is ready, tried to do this three times this weekend and we have another time scheduled now and it is quick. We hope everyone does what they are supposed to do and that this goes through. Banks, UST, IMF and CBI are all ready. The fact that folks have gone through confirms that we are next to go through. We’re right behind them. Have a plan that includes a certain amount for paying taxes, some to make an income, and the rest to enjoy!
Pam: You are amazing, and our members are lucky to have you and to be on this call. We discuss the info before the call, so I always know what you are going to say!
Ray: This is marvelous, money-making Monday – enjoy!
Tony: The next three days is a holiday in Iraq, they say the end of the economic reform is near, and we are waiting on that. A bunch of people went through over the weekend, more are scheduled for today and some are being called now. If you fail to plan, you are planning to fail. Once this happens, you will too busy to plan, so take this time to plan. I’ll tweet when something happens; otherwise, see you Wednesday.
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