The IQD Team Connection with Straight Talkin’ Mike, L.J., Diana, Debbie & Kim

Replay of Conference Call

or Call: 760-569-7699 / Pin: 769478#

   What a Great Night of News & Discussion                  
               “THE I.Q.D. Team Connection”
                    Connecting All The Pieces

The I.Q.D. Team Connection’s News Coverage for Thursday, Oct. 30, 2014

=============================
Listen to the replay in its entirety for all the latest CBI, Economy & Government News from Iraq     
==============================

Conference Call Replay – Thursday, Oct. 30
Download/Playback
or Call: 760-569-7699 / Pin: 769478#

As Always…
Discussion and Analysis of the Latest Iraq, Dinar & RV News… Pre & Post RV Information… Q & A

The IQD Team Connection with Straight Talkin’ Mike, L.J., Diana, Debbie & Kim

Replay of Conference Call

or Call: 760-569-7699 / Pin: 769478#

   What a Great Night of News & Discussion                  
               “THE I.Q.D. Team Connection”
                    Connecting All The Pieces

The I.Q.D. Team Connection’s News Coverage for Thursday, Oct. 30, 2014

=============================
Listen to the replay in its entirety for all the latest CBI, Economy & Government News from Iraq     
==============================

Conference Call Replay – Thursday, Oct. 30
Download/Playback
or Call: 760-569-7699 / Pin: 769478#

As Always…
Discussion and Analysis of the Latest Iraq, Dinar & RV News… Pre & Post RV Information… Q & A

HKmarkets says:   Latest from, OWoN:

OK Lets deal with Currency, Banking and Guru confusion. Sam Elliot is on board with the T Shirts. ] Forex is a special business. A few bucks is one thing, but in Millions it needs professional handling. 

Many seem to be clutching these notes, without Banks able to handle such Forex Exchanges. So, when they approach a smaller State Bank with what appears to them to be Jungle Bunny ,paper, confusion will rule.

1.See if they have a Major Correspondent Bank able to handle them for you – Ask.

2. If not, and for most who do not have major accounts, you will need to open an account with a major. You cant walk in off the street with millions, no track record and no provenance of such notes. Sitting there with a dumb * look when the questions start will keep Sam Elliot busy for months.

So please, if you have done no homework or created a brief overview of the audit trail to have the bankers, wear the T Shirt when they ask – What can we do for you?, and what creeps out is – Aaahhh wannt Maah lick. Lol
~~~

3. Such amounts will need to show how obtained and legal rights, plus be counterfeit tested and checked. They will also run Criminal Record checks on you as part of standard Money Laundering protocols.Otherwise the bank gets censured.

4. Such clearing banks will charge their fees and most will seek to give you a Cashiers Draft, or wire transfer for you to your own bank. Make sure your own Bank is aware ahead of what is coming and has full paperwork with history etc.

5. A market will form fast and fill fast. Once Vietnam meets its needs quota, Tail End Charlies will get the scraps.

6. Dinars are such a complete Pigs Breakfast of Fraud, there is no point in guessing. There is likely to be a special deal for the Tier Ones and God knows for the rest. A country who needs at best $5T will never be able to absorb or pay for the multi hundred Ts rumoured.

 So of course a new currency will follow fast and the rest God knows. But the Gurus have all the answers.Custer is coming from Disneyland and Alice from Wonderland will feed out Trillions.

But only to those wearing the Sam Elliot T Shirts. A Special kind of Stupid.

Seriously to help, YOU must understand the Banking protocols, needs and moves. Walking into a bank with a bunch of notes and a dumb look wailing, AAAh want Maaah money will result in the notes being seized, you being questioned and all sorts of consequences.

Once the PPs move, there will be a window to grab the crumbs. The Lull before the storm. Get in and get the hell out once we do advise you to move, because when 10,000 hairy chinned, vacant expression, part toothless versions of skanky Bigfoots start to hit the Banks with hands outstretched, chaos will start.

 Even worse when their husbands wake up later and come next in Cover Alls and 6 weeks old shirts to look smart for Maah visit to de Bank . Wakkie Backie and all. Those Dinar Sellers were ruthless. Aaahm gonna make me a Billionaire. The Sella Fella promised. Its maah right.

Markets are and will be finite. They all have limited capacities. Be safe, get in, get out- fast once flagged.

Start getting ready. Iran laughed its head off printing Dinars with Saddam’s plates, smuggling them over the border and exchanging for Billions in Baghdad as a huge easy earner for months until the dumb Yanks woke up and stopped it fast. Nice one Iran. Smart guys.

They scalped the US, then the Agencies piled in and used it as an easy earner to sell to the Plebs. What a line of victims. It will end in tears for many. Aaah was Promised. Boo hoo. Aaaahm special. Yep, and Sam has a T shirt for you.

So, forgive the humour, here we know your literate. so be ready, beat the queue , get organised and get out.

Just get your records ready, work out which 2 Banks you will need an account with if yours cant exchange, so if one declines you try the next, get 2 references on yourself and have 2 examples of billing to your address via State Taxes,.Telephones, Water Bills etc. A passport if you have one or a current ID card. All KYC aids to clear you. Start now.

Read more at: http://www.oneworldofnations.com/2014/10/what-heavens-really-like-by-leading.html?showComment=1414232714381#c1971640649437757540

OWoN © All Rights Reserved

whitehatauxiliaries says:   This is a good article, with good advice.

Just follow the guidelines and move promptly when we get the nod, and we should be ahead of the vaunted Honey Boo Boo dinar holders by a wide margin.

The finite financial resources will obviously have an impact on the available rates at the beginning, the middle and ending exchange time-lines, if I understand this information correctly.

So, be organized, bathe regularly, have your credentials and currency ready and don’t use the words “maaaah” and “lick” in the same sentence, and you will be fine.

Once we see the green light, we will open a thread for those of you who processed through to report your experiences.

No personal details need be revealed. Just describe how it went, what you experienced and if you saw any Winnebagos in the parking lot, or slipped on any backie juice in the lobby. This might help those of you who might get a late start due to family matters or work commitments.

Now, we simply wait and maintain readiness.

Ben says:  Great humor and good advice…LOL

LP says:   OWoN:  Alice from Wonderland, fine, but ah been ta Disneyland and Custer ain’t even in Disneyland. Ferthermore, just cuz a Bigfoot may be toothless don’t mean he’s necessarily barefoot.

Iceman says: Tony. I opened a regular checking acct. With chase is that fine?

whitehatauxiliaries says:  In general terms of being with a top fed chartered bank, yes. You should be good to go as they are one of the big ones.

J7 says:    OWoN says,  “Markets are and will be finite. They all have limited capacities. Be safe, get in, get out- fast once flagged. Start getting ready”.

“So, forgive the humour, here we know your literate. so be ready, beat the queue , get organised and get out.”

If someone could shed some light on what he means by `get out`. Does he mean get out of your house fast and get to the Bank? OR once you exchange, get your funds out of the Bank and get out of harms way.   TIA

whitehatauxiliaries says:   He means to exit your currencies positions as soon as possible.

Don’t do what TNT Tony is saying……. and hold onto it all and “wait for the first mouse to get clobbered” and all that Who Moved My Cheese bullshit he promotes.

Charlie says:   Best, most informative piece of information from Mr. OWoN. Many thanks. He is currently levitating above Sam Elliot and beside Tony. Where in the world did “Maah lick” originate from – funny as **?  Peace and strength,  Charlie

whitehatauxiliaries says: You know, I don’t know where that comes from. I have traveled all over the south and in backwoods areas too, but never heard that one.

Ben says:   Sounds a bit British…no offense

LP says:   Cowboy movies seen in England– “getchur licks in”

whitehatauxiliaries says:  Here is some further information we received to share with you, from the top:

Keep in mind that so many attempts to hammer home the realities of how this will probably go down for many is not because they are not expecting it. Why spend so much time trying to prep our readers if this was all a long shot?

WHA readers are very fortunate to have the information we are given. Please take it and prepare. After all, you don’t want to be thought of as this guy, do you?   maahlick

===========

1. Forex for Currencies as are discussed will be major banks only.

2. Because the Dong pool is finite, and Dinars may be multi-tier with differing rates, expect it to be messy and with a few periods of markets suspended as rules evolve and the truth of just how much shit was printed becomes clear.

3. Because Dinars will get tagged as dubious Provenance, most banks will be wary of such papers, or source of such funds. Changing bogus papers has issues and may involve trade recalls if later challenged. Morons won’t get it.

4. What we are saying is that IF your current Bank can’t trade out for you and you don’t have a second major account, how do you think you will exit?

Few Law firms will help nowadays as Bar Councils restrict risks of handling such client funds for good reasons. Are they too dim, too stupid, to open a major account? Watching many blogs – Yes!

5. So having bought such papers, way out their league, IF, a few get on Dongs etc thanks to both sites, then providing they have a good relationship with an existing Bank, which many still don’t, then with good supporting bank cleared documents, most should be able to get them transferred in.

6. But so many of these Grunts don’t even have that. All too many are the lowest of the Peon line, and bank compliance will not sign off for many. Any smell of a flea ridden carcass walking in wanting to park mega bucks will set off alarms. Zero to Hero is no longer a good thing. It frightens banks.

Stupid people suddenly walking in with big bucks raises questions. How does a Boggie eating grunt from Palookerville justify his fortune from Dinars stolen from Iraq? Hello?

What was your background trading with Iraq? You bought what from a guy in the Pub, or from a web site? Where is the clear and clean bank histories?

7. We see mess, on mess, on mess waiting here.

8. 25 years ago you could walk $5M in cash to a bank and be a hero. Try $500K today and your in a cell. $500K then could be used and carried. Try that today. If it’s not a bank wire transfer, it smells.

These $500K notes will be asking for trouble. Banks just ARE going to freeze and seize a lot if it’s not handled right. How do you explain why you are handling stolen, trafficked or bogus printed notes? None are trade related and all have warts and hairs.

Most are so busy spending fantasy money they are simply too unsophisticated to see the layers of minefields waiting. What tax cleared funds the banks will ask? Expect a lot to be seized.

Too many seriously thick retards don’t get the system does not profile for them. Nor are many trying to shape up. Rodeo rides are waiting for some.

HIW says:   If the $500K dong notes have hair or are counterfeit, then I have an issue with my private bank that ordered them for me, debited my account, made me fill out all kinds of forms for DHS and FINRA, counted them, hand delivered them to me and then gave me receipts specifying how many of each were in each order.

They cost $25 for crying out loud. We are talking receipts for a few thousand dollars. You aren’t walking in with a suitcase full of $1000’s. The banks will know the currency revalued and wasn’t worth diddly before.

If these banks call these $500K notes fraudulent, then the system is still just as criminal as it ever was and none of it is going to matter anyway.

And years of banking with a branch is not going to help you if you only had a few thousand dollars and it jumps to 4 million. How is that relationship going to matter? It still would be questionable.

Probably more so than opening a brand new account with receipts for your currency. You are still going to need documentation.  BTW, Chase told me today that they can open a new account with foreign currency.

Gazza says:  Yes, excellent points. I’m no expert at a on this, but all tgis talk of relationships and illegal notes sounds mad to me.

My notes are clearly real from a legal seller and before the rv they are worth toilet paper. After the rv they cannot suddenly become suspicious because they went from toilet paper to valuable. The ** thing never physically changed overnight did it?? Only the value of it changed.

And yes if my bank has dealt with ny account for a while now that wont make squat difference if a sudden large lump sum goes in. They will suspend it and contact me and ask for details…. fine, I got nothing to hide here.

Owon’s advice doesn’t sound like any bank or banking issue I’ve ever dealt with in my life. Banks don’t work that way in my experience. Perhaps owon and us little people are talking cross purposes here???

whitehatauxiliaries says:   Perhaps the confusion that will result after the increased value thrust upon a high denomination note is what we are facing here. Right now, a common man walking into a bank with a 500K dong note is wielding a low-ball ticket to nothing but the price of a cock fight in Manilla.

After, and let’s say that 500K note has the balls of even .47 per dong, it’s a different story…..now, it becomes hairy because the person holding it has to now pass a higher standard of “who are you with all this steam? The value here says we can ask you to bend over so we can look. So, bend over, or that note is suspect.”

Do you get the idea here? It’s not the bloody paper that is hairy, it’s the potential it has to get you a high exchange rate, and thus put you into the cross hairs of compliance that rates the man walking off the street, with such value, as a low species of hoi polloi that has to prove he is not.

You have your note in hand. Just be prepared to prove you are a good bloke, and that may ease your anxiety, which radiates like Little Boy on August 6, 1945.

You wanted to take your shot, well, now we will see just what you will walk away with when the bell rings and you get a head start ahead of the cheese movers.

May the dongs bring you what you seek – in a glorious bountiful burst.

naturalized citizen says:  “Jim Willie: If Deutsche Bank Goes Under It Will be Lehman Times Five! ”

Please listen to Jim Willie who said if/when Deutsche Bank goes so will Barclay and JP Morgan Chase.

Their derivative exposure is too big (much more than the annual US GDP) in that it is going to trigger a contagion as they try to save themselves by merging with other banking institutions that may be more solvent.

 Things are getting very tough, all thanks to the crocks in the corporate giants as well as the crocks in the government, both in the US and the EU. Willie often goes in to the definition of the term “fascism”, and we are living in one side of the Atlantic.

 By far DC, NY Chicago and Langley, VA are heavily populated by the Satan worshipers and their puppets that brought this country to this state while the majority lived as if they were kings and queens, chasing bigger and better whatever material possessions imaginable.

It sounds like Chase needs the millions from the Dong holders to add liquidity to their day to day survival. If they are willing to exchange the dong, the money has to be transferred to other more solvent banks very quickly. This is the challenge we are living with, and it is only going to get harder from here on.

Nobody is going to hold our hands to guide us through the maze; we are all on our own to spot the deep ditches we may not be able to get ourselves out from.

We are fortunate to have found WH, WHA and OWoN, and we need to rely on ourselves as the compass as we are given more helpful information. People have been living this way in other parts of the world; now it is our turn.

HIW says:   I agree that Chase sucks, but ALL the majors suck and are derivative heavy. Make no mistakes, if one goes…they ALL go.

Trade out to small CU’s and Private Banks that are solid quickly. Get into Real Estate and Metals.

Ben says:  Well said, HIW. Same goes for Travelex, and the receipts from them. Aren’t they known to be a reputable organization?

Matala says:  My Vietnamese Dong transactions have gone through Treasury Vault. They do provide purchase certification and I’ve acquired the money through the mail. Has anyone else dealt with TV?

All my Dong are 500K denomination. I have had an account at Wells Fargo for decades along with a mortgage through a local private State Bank. Does anyone seem to think I have a precarious position going with a currency revaluation?

Ben says:  I’d say that if one believes that Vietnam has gone for about 40 years using the rate that shows now, they are only kidding themselves. Most all govt organizations carry two sets of books, one for us and one for them (CAFR). At 21,000 dongs to the dollar that country would have gone under long ago.

LP says:   Wow. Chase didn’t do any of that for me. I had to ask for a receipt and they have me something that looked like a receipt for groceries.

 They did however invite me to a conference with four private bankers the following Monday, who provided me with several personalized “investment opportunity” booklets and assured me that they would call me when they had the heads-up.

Apparently, they had a short list of people like me who were waiting to hear about the RV. At my Chase, they took it quite seriously. But my bank invests in movies LOL, and how smart is that?

Martin says:  For Canadians this is important:

Credit Unions & Non Major Banks: often partner with banks for foreign exchange and therefore has a slightly less favorable rate.

Major Banks of Canada

Canada has a variety of financial institutions. However, there are five which dominate the domestic banking industry. Branches of the “Big 5″ banks will often be found in many cities from coast to coast.

Many have switched to shorter names, but are sometimes referred to by their older names: RBC (Royal Bank of Canada), TD Canada Trust (Toronto-Dominion), Scotiabank (Bank of Nova Scotia), BMO (Bank of Montreal), and CIBC (Canadian Imperial Bank of Commerce).

As of 2014, in total there are 29 domestic Banks in Canada , 24 foreign bank subsidiaries, and 27 full service foreign branches, and 3 foreign bank lending branches.  Regards   Martin

HIW says:   BMO doesn’t deal with the Dong. I have asked at 2 different locations including the main branch in our metro. They may add it, but as of now, they don’t deal with it.

Peter says:  Interesting I have bought all my vietnamese dong with BMO with receipts.

HIW says:  Really…That’s Interesting. Are you in Canada at BMO or in the states at BMO Harris?

I’m in the states at BMO Harris and they have told me twice. I need to get their facts straight if you are buying from them.

Peter says:   I bought all my dong in Canada .

Mary Ann says:  I couldn’t stand it any more and I googled a bit.

Not to defame anyone, but I think the phrase “maah lick” might mean “my easy to come by money.”

“Maah” is some people’s idea of how uneducated people pronounce “my.”

I found an obscure definition of “lick” in an urban dictionary:

Lick

1. Somebody who is easy to rob, or get money from. 

2. An illegal way to get money easily, like robbin, hustlin, or sellin dope.

1. “Yo, he got robbed like 7 times dis week”, “I know bruh hes Deerfields biggest lickforreal.”

2. Yo I need like 200 bucks, imma go head n bust some licks for it.

LP says:  I think that’s “bus some LIPS fo it.”

Gazza says:  What’s all this talk of references? How do you get a reference and from whom and saying what?  That makes no sense to me. Why would a bank care about a reference if you take some dong in?

Also, what is all the stuff about $500k notes being illegal laundered etc? My notes aren’t any such thing!! Nor are anybody’s on here I guess!! What is owon talking about???!

whitehatauxiliaries says:  Feel free to visit them and ask, I am sure they will reply.

HIW says:  Here is a sample of a bank reference letter I have used. Edit for your needs and email to your bank branch manager so they can sign and put on their letterhead.

Date Here

To whom it may concern,

At the request of our clients, XXXXXXX, we are pleased to state that they currently maintain 2 business accounts, 2 personal accounts and 1 trust account with our private bank.

XXXXXXX have been valued clients of ours for over XXXXX years now and have maintained balances in the various accounts during this time in the low four-figure range to the mid six-figure range.

They are well known to us and their accounts have always been held in high standing with our bank.

Please let us know if we can be of further assistance.   Sincerely,

Gazza says:  HIW   Ahhh ok. Thanks for sending that. I get it now ha ha!   Thanks again!

Tony  Are you doing much personally regarding the note size issue? Or is it too personal to ask about the size of your dong?  Thank you! :)

whitehatauxiliaries says: I have always been secure in that regard. I am ready to rock and roll. 38 years with my bank, plus setting up my due diligence has me sleeping like a baby with respect to exchange anxiety.

My personal feeling – just have the paperwork and your credentials and a good relationship with a major bank, and you will not have anything to worry about except the rate outcome. 

That part is out of our hands 100%. The rest is up to you to organize, and that should be something a schoolboy could do in 5 minutes flat.  I have 100K notes.

ibelievemedia says:  I have a long-standing relationship with my bank, both personal and business. But it’s Bank of America, and at least at this point they do not trade in the Dong. My hope is that will change if and when that currency revalues.

Paul L Davis says:   For those who are interested, a new Jim Willie interview

P says:   Should we be worried that OWoN continues to confuse your and you’re?

whitehatauxiliaries says:  No confusion here.   I want my lick.

HKmarkets says:   Latest from OWoN:   Updates to help many still confused.

1. Money is finite and once the currency conversions start for the Dongs, Dinars etc, system overload will quickly be achieved. Banks being Banks, will act by knee jerk policies.

2. Dongs should be OK as long as hidden overprinting or counterfeit is not involved. Dodgy people are attracted to paper games. All evolves around the rate. What is on your side, is that the Big Battalions are looking for big hits. Those who move fast should get converted quickly as suggested. Once

 the system reaches its liquidity needs, Banks will not overstock at the own risk. OWON and WHA should be first in the queue and out. The brighter parties tend to congregate there. Some humour is tongue in cheek, take it as just fun looking at the parties we do see on some blogs.

3.Dinars are a whole different ball game. Mountains of trouble waiting for many. Also overprinted a hundred times more than Iraq needs. The world is not going to bail proceeds of crime. The Big battalions will get paid, many others will get laid, face down. Hog tied.

4, Bank Compliance seems to specialise in hiring a special kind of stupid. Any deviation in accounts or sudden interjections of big money will flag up.

That is when for no good reason,the anal by products from Palookerville, now employed in Compliance, with no warning, discussion or reason, will just close your account. Negative little ** out of control run riot and no one muzzles them. 

In Banking, any unusual movement is enough to have your account closed, or money blocked. Banking has changed. Not for the better. We are just trying to help you avoid the problems.

5.Rates are still subjective so it will be interesting to see final profiles and tiers as they emerge. Be sure, for many in Dinar land it will end in tears.

6. Those able to get in and get paid asap once it starts, by having an orderly presentation ready, it will save you a lot of grief with Banks. Also you will be in and done before the Bongo land Grunts catch on and start hitting the banks. Once that happens, chaos will rule and banks will contain it rapidly. 

Most will fail a KYC check and banks wont want to open an account for them. With Dinars, road kill will be walking in clutching notes looking to be paid. Never mind Elm Street, it will become a nightmare on every street in Banking.

Seriously though, in and out fast then PLEASE, this is your one big chance, do NOTHING with your money bar pay off your debts, cards etc. Take your time , for Gods sake do that. 

Decide with care and thought what kind of life you now want with an option. Some may chose to offload baggage and start again. In which case shelter that cash fast. Move it again.

Banking is going through hard patch. Spread your asset risk. Metals., multi currencies, and Foreign investments for safety. Do NOT get sucked into businesses you don’t have experience of. Nothing is as it seems.

For all – Good luck and – Avoid the T shirt.  We hope good things break for all of you.

Read more at: http://www.oneworldofnations.com/2014/10/what-heavens-really-like-by-leading.html?showComment=1414305917116#c5996630606318966948

OWoN © All Rights Reserved

sitkaevenstar says:  hi matala i also bought through T.V. 500k notes with de la rue verification that they are real   good luck.

sitkaevenstar says:  do not want to beat a dead horse. will OWON OR WH give 48 hours notice before the rv  as we have 48 hours to get to a bank . as I’m in mexico and have to fly to seattle . any wisdom would be great

whitehatauxiliaries says:   We have been told that we will get about 48 hours notice before the public. When we do, you will see it posted here as a new article. You can then act as you feel is best for your situation.

Seg says:  WHA,   London just wished us good luck…..

whitehatauxiliaries says: Yes…they do that from time to time. Don’t take that as 48 hour notice.

I am sure they will be very open about that.

http://whitehatauxiliaries.wordpress.com/2014/10/23/fact-check-125-7/#comments

HKmarkets says:   Latest from, OWoN:

OK Lets deal with Currency, Banking and Guru confusion. Sam Elliot is on board with the T Shirts. ] Forex is a special business. A few bucks is one thing, but in Millions it needs professional handling. 

Many seem to be clutching these notes, without Banks able to handle such Forex Exchanges. So, when they approach a smaller State Bank with what appears to them to be Jungle Bunny ,paper, confusion will rule.

1.See if they have a Major Correspondent Bank able to handle them for you – Ask.

2. If not, and for most who do not have major accounts, you will need to open an account with a major. You cant walk in off the street with millions, no track record and no provenance of such notes. Sitting there with a dumb * look when the questions start will keep Sam Elliot busy for months.

So please, if you have done no homework or created a brief overview of the audit trail to have the bankers, wear the T Shirt when they ask – What can we do for you?, and what creeps out is – Aaahhh wannt Maah lick. Lol
~~~

3. Such amounts will need to show how obtained and legal rights, plus be counterfeit tested and checked. They will also run Criminal Record checks on you as part of standard Money Laundering protocols.Otherwise the bank gets censured.

4. Such clearing banks will charge their fees and most will seek to give you a Cashiers Draft, or wire transfer for you to your own bank. Make sure your own Bank is aware ahead of what is coming and has full paperwork with history etc.

5. A market will form fast and fill fast. Once Vietnam meets its needs quota, Tail End Charlies will get the scraps.

6. Dinars are such a complete Pigs Breakfast of Fraud, there is no point in guessing. There is likely to be a special deal for the Tier Ones and God knows for the rest. A country who needs at best $5T will never be able to absorb or pay for the multi hundred Ts rumoured.

 So of course a new currency will follow fast and the rest God knows. But the Gurus have all the answers.Custer is coming from Disneyland and Alice from Wonderland will feed out Trillions.

But only to those wearing the Sam Elliot T Shirts. A Special kind of Stupid.

Seriously to help, YOU must understand the Banking protocols, needs and moves. Walking into a bank with a bunch of notes and a dumb look wailing, AAAh want Maaah money will result in the notes being seized, you being questioned and all sorts of consequences.

Once the PPs move, there will be a window to grab the crumbs. The Lull before the storm. Get in and get the hell out once we do advise you to move, because when 10,000 hairy chinned, vacant expression, part toothless versions of skanky Bigfoots start to hit the Banks with hands outstretched, chaos will start.

 Even worse when their husbands wake up later and come next in Cover Alls and 6 weeks old shirts to look smart for Maah visit to de Bank . Wakkie Backie and all. Those Dinar Sellers were ruthless. Aaahm gonna make me a Billionaire. The Sella Fella promised. Its maah right.

Markets are and will be finite. They all have limited capacities. Be safe, get in, get out- fast once flagged.

Start getting ready. Iran laughed its head off printing Dinars with Saddam’s plates, smuggling them over the border and exchanging for Billions in Baghdad as a huge easy earner for months until the dumb Yanks woke up and stopped it fast. Nice one Iran. Smart guys.

They scalped the US, then the Agencies piled in and used it as an easy earner to sell to the Plebs. What a line of victims. It will end in tears for many. Aaah was Promised. Boo hoo. Aaaahm special. Yep, and Sam has a T shirt for you.

So, forgive the humour, here we know your literate. so be ready, beat the queue , get organised and get out.

Just get your records ready, work out which 2 Banks you will need an account with if yours cant exchange, so if one declines you try the next, get 2 references on yourself and have 2 examples of billing to your address via State Taxes,.Telephones, Water Bills etc. A passport if you have one or a current ID card. All KYC aids to clear you. Start now.

Read more at: http://www.oneworldofnations.com/2014/10/what-heavens-really-like-by-leading.html?showComment=1414232714381#c1971640649437757540

OWoN © All Rights Reserved

whitehatauxiliaries says:   This is a good article, with good advice.

Just follow the guidelines and move promptly when we get the nod, and we should be ahead of the vaunted Honey Boo Boo dinar holders by a wide margin.

The finite financial resources will obviously have an impact on the available rates at the beginning, the middle and ending exchange time-lines, if I understand this information correctly.

So, be organized, bathe regularly, have your credentials and currency ready and don’t use the words “maaaah” and “lick” in the same sentence, and you will be fine.

Once we see the green light, we will open a thread for those of you who processed through to report your experiences.

No personal details need be revealed. Just describe how it went, what you experienced and if you saw any Winnebagos in the parking lot, or slipped on any backie juice in the lobby. This might help those of you who might get a late start due to family matters or work commitments.

Now, we simply wait and maintain readiness.

Ben says:  Great humor and good advice…LOL

LP says:   OWoN:  Alice from Wonderland, fine, but ah been ta Disneyland and Custer ain’t even in Disneyland. Ferthermore, just cuz a Bigfoot may be toothless don’t mean he’s necessarily barefoot.

Iceman says: Tony. I opened a regular checking acct. With chase is that fine?

whitehatauxiliaries says:  In general terms of being with a top fed chartered bank, yes. You should be good to go as they are one of the big ones.

J7 says:    OWoN says,  “Markets are and will be finite. They all have limited capacities. Be safe, get in, get out- fast once flagged. Start getting ready”.

“So, forgive the humour, here we know your literate. so be ready, beat the queue , get organised and get out.”

If someone could shed some light on what he means by `get out`. Does he mean get out of your house fast and get to the Bank? OR once you exchange, get your funds out of the Bank and get out of harms way.   TIA

whitehatauxiliaries says:   He means to exit your currencies positions as soon as possible.

Don’t do what TNT Tony is saying……. and hold onto it all and “wait for the first mouse to get clobbered” and all that Who Moved My Cheese bullshit he promotes.

Charlie says:   Best, most informative piece of information from Mr. OWoN. Many thanks. He is currently levitating above Sam Elliot and beside Tony. Where in the world did “Maah lick” originate from – funny as **?  Peace and strength,  Charlie

whitehatauxiliaries says: You know, I don’t know where that comes from. I have traveled all over the south and in backwoods areas too, but never heard that one.

Ben says:   Sounds a bit British…no offense

LP says:   Cowboy movies seen in England– “getchur licks in”

whitehatauxiliaries says:  Here is some further information we received to share with you, from the top:

Keep in mind that so many attempts to hammer home the realities of how this will probably go down for many is not because they are not expecting it. Why spend so much time trying to prep our readers if this was all a long shot?

WHA readers are very fortunate to have the information we are given. Please take it and prepare. After all, you don’t want to be thought of as this guy, do you?   maahlick

===========

1. Forex for Currencies as are discussed will be major banks only.

2. Because the Dong pool is finite, and Dinars may be multi-tier with differing rates, expect it to be messy and with a few periods of markets suspended as rules evolve and the truth of just how much shit was printed becomes clear.

3. Because Dinars will get tagged as dubious Provenance, most banks will be wary of such papers, or source of such funds. Changing bogus papers has issues and may involve trade recalls if later challenged. Morons won’t get it.

4. What we are saying is that IF your current Bank can’t trade out for you and you don’t have a second major account, how do you think you will exit?

Few Law firms will help nowadays as Bar Councils restrict risks of handling such client funds for good reasons. Are they too dim, too stupid, to open a major account? Watching many blogs – Yes!

5. So having bought such papers, way out their league, IF, a few get on Dongs etc thanks to both sites, then providing they have a good relationship with an existing Bank, which many still don’t, then with good supporting bank cleared documents, most should be able to get them transferred in.

6. But so many of these Grunts don’t even have that. All too many are the lowest of the Peon line, and bank compliance will not sign off for many. Any smell of a flea ridden carcass walking in wanting to park mega bucks will set off alarms. Zero to Hero is no longer a good thing. It frightens banks.

Stupid people suddenly walking in with big bucks raises questions. How does a Boggie eating grunt from Palookerville justify his fortune from Dinars stolen from Iraq? Hello?

What was your background trading with Iraq? You bought what from a guy in the Pub, or from a web site? Where is the clear and clean bank histories?

7. We see mess, on mess, on mess waiting here.

8. 25 years ago you could walk $5M in cash to a bank and be a hero. Try $500K today and your in a cell. $500K then could be used and carried. Try that today. If it’s not a bank wire transfer, it smells.

These $500K notes will be asking for trouble. Banks just ARE going to freeze and seize a lot if it’s not handled right. How do you explain why you are handling stolen, trafficked or bogus printed notes? None are trade related and all have warts and hairs.

Most are so busy spending fantasy money they are simply too unsophisticated to see the layers of minefields waiting. What tax cleared funds the banks will ask? Expect a lot to be seized.

Too many seriously thick retards don’t get the system does not profile for them. Nor are many trying to shape up. Rodeo rides are waiting for some.

HIW says:   If the $500K dong notes have hair or are counterfeit, then I have an issue with my private bank that ordered them for me, debited my account, made me fill out all kinds of forms for DHS and FINRA, counted them, hand delivered them to me and then gave me receipts specifying how many of each were in each order.

They cost $25 for crying out loud. We are talking receipts for a few thousand dollars. You aren’t walking in with a suitcase full of $1000’s. The banks will know the currency revalued and wasn’t worth diddly before.

If these banks call these $500K notes fraudulent, then the system is still just as criminal as it ever was and none of it is going to matter anyway.

And years of banking with a branch is not going to help you if you only had a few thousand dollars and it jumps to 4 million. How is that relationship going to matter? It still would be questionable.

Probably more so than opening a brand new account with receipts for your currency. You are still going to need documentation.  BTW, Chase told me today that they can open a new account with foreign currency.

Gazza says:  Yes, excellent points. I’m no expert at a on this, but all tgis talk of relationships and illegal notes sounds mad to me.

My notes are clearly real from a legal seller and before the rv they are worth toilet paper. After the rv they cannot suddenly become suspicious because they went from toilet paper to valuable. The ** thing never physically changed overnight did it?? Only the value of it changed.

And yes if my bank has dealt with ny account for a while now that wont make squat difference if a sudden large lump sum goes in. They will suspend it and contact me and ask for details…. fine, I got nothing to hide here.

Owon’s advice doesn’t sound like any bank or banking issue I’ve ever dealt with in my life. Banks don’t work that way in my experience. Perhaps owon and us little people are talking cross purposes here???

whitehatauxiliaries says:   Perhaps the confusion that will result after the increased value thrust upon a high denomination note is what we are facing here. Right now, a common man walking into a bank with a 500K dong note is wielding a low-ball ticket to nothing but the price of a cock fight in Manilla.

After, and let’s say that 500K note has the balls of even .47 per dong, it’s a different story…..now, it becomes hairy because the person holding it has to now pass a higher standard of “who are you with all this steam? The value here says we can ask you to bend over so we can look. So, bend over, or that note is suspect.”

Do you get the idea here? It’s not the bloody paper that is hairy, it’s the potential it has to get you a high exchange rate, and thus put you into the cross hairs of compliance that rates the man walking off the street, with such value, as a low species of hoi polloi that has to prove he is not.

You have your note in hand. Just be prepared to prove you are a good bloke, and that may ease your anxiety, which radiates like Little Boy on August 6, 1945.

You wanted to take your shot, well, now we will see just what you will walk away with when the bell rings and you get a head start ahead of the cheese movers.

May the dongs bring you what you seek – in a glorious bountiful burst.

naturalized citizen says:  “Jim Willie: If Deutsche Bank Goes Under It Will be Lehman Times Five! ”

Please listen to Jim Willie who said if/when Deutsche Bank goes so will Barclay and JP Morgan Chase.

Their derivative exposure is too big (much more than the annual US GDP) in that it is going to trigger a contagion as they try to save themselves by merging with other banking institutions that may be more solvent.

 Things are getting very tough, all thanks to the crocks in the corporate giants as well as the crocks in the government, both in the US and the EU. Willie often goes in to the definition of the term “fascism”, and we are living in one side of the Atlantic.

 By far DC, NY Chicago and Langley, VA are heavily populated by the Satan worshipers and their puppets that brought this country to this state while the majority lived as if they were kings and queens, chasing bigger and better whatever material possessions imaginable.

It sounds like Chase needs the millions from the Dong holders to add liquidity to their day to day survival. If they are willing to exchange the dong, the money has to be transferred to other more solvent banks very quickly. This is the challenge we are living with, and it is only going to get harder from here on.

Nobody is going to hold our hands to guide us through the maze; we are all on our own to spot the deep ditches we may not be able to get ourselves out from.

We are fortunate to have found WH, WHA and OWoN, and we need to rely on ourselves as the compass as we are given more helpful information. People have been living this way in other parts of the world; now it is our turn.

HIW says:   I agree that Chase sucks, but ALL the majors suck and are derivative heavy. Make no mistakes, if one goes…they ALL go.

Trade out to small CU’s and Private Banks that are solid quickly. Get into Real Estate and Metals.

Ben says:  Well said, HIW. Same goes for Travelex, and the receipts from them. Aren’t they known to be a reputable organization?

Matala says:  My Vietnamese Dong transactions have gone through Treasury Vault. They do provide purchase certification and I’ve acquired the money through the mail. Has anyone else dealt with TV?

All my Dong are 500K denomination. I have had an account at Wells Fargo for decades along with a mortgage through a local private State Bank. Does anyone seem to think I have a precarious position going with a currency revaluation?

Ben says:  I’d say that if one believes that Vietnam has gone for about 40 years using the rate that shows now, they are only kidding themselves. Most all govt organizations carry two sets of books, one for us and one for them (CAFR). At 21,000 dongs to the dollar that country would have gone under long ago.

LP says:   Wow. Chase didn’t do any of that for me. I had to ask for a receipt and they have me something that looked like a receipt for groceries.

 They did however invite me to a conference with four private bankers the following Monday, who provided me with several personalized “investment opportunity” booklets and assured me that they would call me when they had the heads-up.

Apparently, they had a short list of people like me who were waiting to hear about the RV. At my Chase, they took it quite seriously. But my bank invests in movies LOL, and how smart is that?

Martin says:  For Canadians this is important:

Credit Unions & Non Major Banks: often partner with banks for foreign exchange and therefore has a slightly less favorable rate.

Major Banks of Canada

Canada has a variety of financial institutions. However, there are five which dominate the domestic banking industry. Branches of the “Big 5″ banks will often be found in many cities from coast to coast.

Many have switched to shorter names, but are sometimes referred to by their older names: RBC (Royal Bank of Canada), TD Canada Trust (Toronto-Dominion), Scotiabank (Bank of Nova Scotia), BMO (Bank of Montreal), and CIBC (Canadian Imperial Bank of Commerce).

As of 2014, in total there are 29 domestic Banks in Canada , 24 foreign bank subsidiaries, and 27 full service foreign branches, and 3 foreign bank lending branches.  Regards   Martin

HIW says:   BMO doesn’t deal with the Dong. I have asked at 2 different locations including the main branch in our metro. They may add it, but as of now, they don’t deal with it.

Peter says:  Interesting I have bought all my vietnamese dong with BMO with receipts.

HIW says:  Really…That’s Interesting. Are you in Canada at BMO or in the states at BMO Harris?

I’m in the states at BMO Harris and they have told me twice. I need to get their facts straight if you are buying from them.

Peter says:   I bought all my dong in Canada .

Mary Ann says:  I couldn’t stand it any more and I googled a bit.

Not to defame anyone, but I think the phrase “maah lick” might mean “my easy to come by money.”

“Maah” is some people’s idea of how uneducated people pronounce “my.”

I found an obscure definition of “lick” in an urban dictionary:

Lick

1. Somebody who is easy to rob, or get money from. 

2. An illegal way to get money easily, like robbin, hustlin, or sellin dope.

1. “Yo, he got robbed like 7 times dis week”, “I know bruh hes Deerfields biggest lickforreal.”

2. Yo I need like 200 bucks, imma go head n bust some licks for it.

LP says:  I think that’s “bus some LIPS fo it.”

Gazza says:  What’s all this talk of references? How do you get a reference and from whom and saying what?  That makes no sense to me. Why would a bank care about a reference if you take some dong in?

Also, what is all the stuff about $500k notes being illegal laundered etc? My notes aren’t any such thing!! Nor are anybody’s on here I guess!! What is owon talking about???!

whitehatauxiliaries says:  Feel free to visit them and ask, I am sure they will reply.

HIW says:  Here is a sample of a bank reference letter I have used. Edit for your needs and email to your bank branch manager so they can sign and put on their letterhead.

Date Here

To whom it may concern,

At the request of our clients, XXXXXXX, we are pleased to state that they currently maintain 2 business accounts, 2 personal accounts and 1 trust account with our private bank.

XXXXXXX have been valued clients of ours for over XXXXX years now and have maintained balances in the various accounts during this time in the low four-figure range to the mid six-figure range.

They are well known to us and their accounts have always been held in high standing with our bank.

Please let us know if we can be of further assistance.   Sincerely,

Gazza says:  HIW   Ahhh ok. Thanks for sending that. I get it now ha ha!   Thanks again!

Tony  Are you doing much personally regarding the note size issue? Or is it too personal to ask about the size of your dong?  Thank you! :)

whitehatauxiliaries says: I have always been secure in that regard. I am ready to rock and roll. 38 years with my bank, plus setting up my due diligence has me sleeping like a baby with respect to exchange anxiety.

My personal feeling – just have the paperwork and your credentials and a good relationship with a major bank, and you will not have anything to worry about except the rate outcome. 

That part is out of our hands 100%. The rest is up to you to organize, and that should be something a schoolboy could do in 5 minutes flat.  I have 100K notes.

ibelievemedia says:  I have a long-standing relationship with my bank, both personal and business. But it’s Bank of America, and at least at this point they do not trade in the Dong. My hope is that will change if and when that currency revalues.

Paul L Davis says:   For those who are interested, a new Jim Willie interview

P says:   Should we be worried that OWoN continues to confuse your and you’re?

whitehatauxiliaries says:  No confusion here.   I want my lick.

HKmarkets says:   Latest from OWoN:   Updates to help many still confused.

1. Money is finite and once the currency conversions start for the Dongs, Dinars etc, system overload will quickly be achieved. Banks being Banks, will act by knee jerk policies.

2. Dongs should be OK as long as hidden overprinting or counterfeit is not involved. Dodgy people are attracted to paper games. All evolves around the rate. What is on your side, is that the Big Battalions are looking for big hits. Those who move fast should get converted quickly as suggested. Once

 the system reaches its liquidity needs, Banks will not overstock at the own risk. OWON and WHA should be first in the queue and out. The brighter parties tend to congregate there. Some humour is tongue in cheek, take it as just fun looking at the parties we do see on some blogs.

3.Dinars are a whole different ball game. Mountains of trouble waiting for many. Also overprinted a hundred times more than Iraq needs. The world is not going to bail proceeds of crime. The Big battalions will get paid, many others will get laid, face down. Hog tied.

4, Bank Compliance seems to specialise in hiring a special kind of stupid. Any deviation in accounts or sudden interjections of big money will flag up.

That is when for no good reason,the anal by products from Palookerville, now employed in Compliance, with no warning, discussion or reason, will just close your account. Negative little ** out of control run riot and no one muzzles them. 

In Banking, any unusual movement is enough to have your account closed, or money blocked. Banking has changed. Not for the better. We are just trying to help you avoid the problems.

5.Rates are still subjective so it will be interesting to see final profiles and tiers as they emerge. Be sure, for many in Dinar land it will end in tears.

6. Those able to get in and get paid asap once it starts, by having an orderly presentation ready, it will save you a lot of grief with Banks. Also you will be in and done before the Bongo land Grunts catch on and start hitting the banks. Once that happens, chaos will rule and banks will contain it rapidly. 

Most will fail a KYC check and banks wont want to open an account for them. With Dinars, road kill will be walking in clutching notes looking to be paid. Never mind Elm Street, it will become a nightmare on every street in Banking.

Seriously though, in and out fast then PLEASE, this is your one big chance, do NOTHING with your money bar pay off your debts, cards etc. Take your time , for Gods sake do that. 

Decide with care and thought what kind of life you now want with an option. Some may chose to offload baggage and start again. In which case shelter that cash fast. Move it again.

Banking is going through hard patch. Spread your asset risk. Metals., multi currencies, and Foreign investments for safety. Do NOT get sucked into businesses you don’t have experience of. Nothing is as it seems.

For all – Good luck and – Avoid the T shirt.  We hope good things break for all of you.

Read more at: http://www.oneworldofnations.com/2014/10/what-heavens-really-like-by-leading.html?showComment=1414305917116#c5996630606318966948

OWoN © All Rights Reserved

sitkaevenstar says:  hi matala i also bought through T.V. 500k notes with de la rue verification that they are real   good luck.

sitkaevenstar says:  do not want to beat a dead horse. will OWON OR WH give 48 hours notice before the rv  as we have 48 hours to get to a bank . as I’m in mexico and have to fly to seattle . any wisdom would be great

whitehatauxiliaries says:   We have been told that we will get about 48 hours notice before the public. When we do, you will see it posted here as a new article. You can then act as you feel is best for your situation.

Seg says:  WHA,   London just wished us good luck…..

whitehatauxiliaries says: Yes…they do that from time to time. Don’t take that as 48 hour notice.

I am sure they will be very open about that.

http://whitehatauxiliaries.wordpress.com/2014/10/23/fact-check-125-7/#comments

Millionday news 10/30/14

Welcome to dinarupdates.com for news time with Millionday!

Millionday: LET ME TELL YOU THAT YOU REMEMBER THAT THEY ANNOUNCED THAT GOV PLANS ARE BEING LAUNCHED AND ALSO THAT PARLIAMENT WAS WORKING TODAY

Millionday: THIS IS A MAJOR ANNOUNCEMENT MADE TODAY

Millionday: Metal coins from the category of 25 fils were in circulation until the nineties of the last century

Nora Albjara member of the committee of economy and investment in the House of Representatives revealed that the central bank completed its preparations for the issuance of metal coins of seven small groups, in conjunction with the implementation of the project to delete the three zeroes from the paper currency is currently in circulation.

Millionday: NOTE — 7 COINS THEY HAVE MADE (FILS)
~~~

Millionday: CBI MADE A HUGE ANNOUNCEMENT THAT THEY ARE RELEASING THEM — SMALL DENOMS — AND ALSO REMOVING THE THREE ZERO CURRENCY

Millionday: She said in her statement Albjara Radio Free Iraq, “said the project will take between four and five years, and which will be the launch of the categories of small coins gradually.”

He predicted the financial expert Hilal Taan inflation rate declines, with the issuance of metal coins of small denominations in the daily financial transactions, remarkable that 3% of the value of inflation in Iraq due to the presence of large cash block.

Millionday: NOTE — ONE OF THE TOOLS USED TO CONTROL INFLATION IS CURRENCY AND PRICING –

THEY EXPECT WITH SO MUCH ON HAND DUE TO THE RELEASE THAT INFLATION WILL BE 3% IMPROVED

Millionday: 3% IMPROVEMENT /DECLINE IS HUGE

Millionday: The economic expert on behalf of Jamil Anton, noted that he may not find coins accepted by a lot of Iraqis, especially young people,

due to the existence of an entire generation of Iraqis had not trading coins due to stop use since the early nineties of the twentieth century.

Millionday: NOW ABOUT THREE OR 4 YEARS AGO SALEH STATED THAT THE NATURAL ECONOMIC CONDITION THEY ARE STRIVING FOR IS ABOUT WHERE THEY WERE IN THE 90S –

Millionday: THE RATE IS NOT GIVEN AND I WAS WORKING ON SOME STATS BUT — IT WAS IN THE 3S THEN

Millionday: NOW ALSO –

Millionday: THE STRATEGIC FRAMEWORK AGREEMENT INCLUDED ALOT WHEN IT WAS WRITTEN AND AGREED ON

Millionday: WE HAVE WATCHED MUCH OF IT COME TO FRUITATION WITH WEAPONS SOLD AND PLANES ETC — ALONG WITH PORT CONTRACTS AND OTHER CONTRACTS BUT

Millionday: PART OF IT ALSO REFERENCED THE CONSTITUTIONAL AGREEMENT FOR THE IRAQIS TO MOVE TO A MARKET ECONOMY — GLOBAL

Millionday: The head of the federal judiciary Judge Medhat al-Mahmoud, on the importance of completing the implementation of the strategic agreement between Iraq and the United States in the field of justice and law enforcement.

Judge Mahmood, who met with the US ambassador in Baghdad, Stuart Jones called for “continued cooperation between the two countries in order to achieve the common interests between the two.”

Millionday: US Ambassador praised Jones for his part as “the performance of the Iraqi judiciary and judicial cadres at a time the country is going through a difficult security conditions,”

asserting that “Washington’s support for Baghdad in various areas, including support for the independence of the judiciary and law enforcement.”

Millionday: SO THIS IS OBVIOUSLY TALKING ABOUT THE LEGAL SIDE OF THE SFA AS WELL –

ACTIVATION AND ITS IMPLEMENTATION –

ALONG WITH THE MOVE ANNOUNCED TO HOOK GLOBAL BANKS TO THE IRAQI MARKET AND VICE VERSA — THIS IS GETTING GOOD !!!

Millionday: NOW ALSO REMEMBER THAT THE EMERGENCY BUDGET IS VERY CLEARLY THE LAST TWO MONTHS OF THIS YEAR 2014 –

Millionday: I WOULD LIKE TO SUMMARIZE A COUPLE MORE THINGS AS WELL

Millionday: YESTERDAY — CBI ANNOUNCED THEY ARE MAILING OUT THE VISAS FROM THE BANKS THROUGHOUT THE COUNTRY SO THEY CAN USE THE BANKING SERVICES –

AND ALSO THE SMART CARDS ARE READY AND BEING DISTRIBUTED AS WELL

Millionday: OF COURSE THE SMART CARDS ARE FOR THE SOCIAL SECURITY THEY ANNOUNCED THE DAY BEFORE WAS BEING IMPLEMENTED WITH THE PENSIONS –

Millionday: HOWEVER — THEY MADE IT VERY CLEAR THAT THE VISAS WILL BE ABLE TO BE USED GLOBALLY AND THE IRAQIS WILL BE ABLE TO EXCHANGE FOR THE COUNTRY THEY ARE IN AT THAT TIME WITH THE VISA OR SMART CARD (IT IS MANAGED BY VISA)

Millionday: THIS WAS ALL IN INK – SMILE   BRB WITH MORE

Millionday: THIS HAPPENED TODAY AND IS VERY IMPORTANT AS IT IS FOR THE EXACT ISSUE THEY WANTED RESOLVED BEFORE THE REVALUE OF THE DINAR

Millionday: Finance ministers from over 51 countries signed an agreement in a step closer to ending the dark financial underworld of tax-evasion and money-laundering. Another 30 countries pledged to join by 2018.

The deal is called the Multilateral Competent Authority Agreement and will look to build a collective exchange of bank accounts, taxes, assets, and income held outside local tax jurisdictions.

Millionday: NOTE — REMEMBER THAT THIS IS ABOUT THE ACCOUNTS ABROAD

Millionday: SWISS — ETC

Millionday: The two-day summit was organized by the Organization for Economic Cooperation and Development (OECD) and the Global Forum on Transparency and Exchange of Information for Tax Purposes. It was hosted by German Finance Minister Wolfgang Schauble and held in Berlin.

“Banking secrecy, in its old form, is obsolete,” German Finance Minister Wolfgang Schaeuble said in an interview in Bild on Wednesday.

The practice is “no longer appropriate at a time when people can transfer their money all over the world at the press of a button via the internet,” said Schaeuble.

Millionday: NOTE — THE TIME LINE IS HUGE AND GREAT WITH THE HUGE ANNOUNCEMENT FROM CBI

Millionday: Germany is a staunch opponent of Bank secrecy by geography. On its southern border lie historically secretive Austria and Switzerland, and on the western frontier is Luxembourg, also known for its tight-lipped financial institutions.

Members like the Cayman Islands, the Virgin Islands and Liechtenstein – all notorious for being tax havens, signed the agreements.

Asset hideouts like Austria, Switzerland, and the Bahamas didn’t sign the agreement itself, but promised to join the initiative by 2018.

Millionday: NOTE — TAX MINIMIZING AND RIGHT OFFS ARE SMART LEGALLY — TAX AVOIDING IS NOT A GOOD IDEA

Millionday: NOTE — READ THE FIRST LINE AND THINK IF THIS WOULD BE IN PLACE BEFORE THE DINAR WOULD BE EXCHANGED HERE OR AFTER — SMILE

Millionday: The new American anti-secrecy measure, FATCA, added a sense of urgency to the debate.

FATCA legislation, signed into law in 2010 and enacted on July 1, 2014, requires overseas financial institutions to identify their American customers to the IRS. The law applies to any account with more than $50,000.

Millionday: URGENCY? NOW THAT WE LIKE

Millionday: SO UNDERSTAND THAT CBI HAS ANNOUNCED THIS WEEK THAT THEY ARE READY TO MOVE FORWARD WITH THE MONETARY POLICY AND REFORMS IN PLACE INCLUDING BANKING REFORMS 

AND TODAY THEY HAVE THE 7 DENOMS OF COINS READY AND ALSO THE SMALL DENOMS AND STATED THEY ARE IMPLEMENTING THE REMOVAL OF THE THREE ZERO CURRENCY PUT ON THE STREETS 11 YEARS AGO — 

THIS SHOULD TAKE ABOUT 4 TO 5 YEARS BEFORE ALL OLD 50S AND SOME OTHER DENOMS TO MAKE IT OFF THE STREETS ENTIRELY

Millionday: SO THIS MEANS THAT THEY EXPECT IT TO TAKE A WHILE FOR ALL TO BE EXCHANGED BUT THIS IS NOT OUR REGULATIONS OR TIMELINE — THAT IS NOT RELEASED YET

Millionday: SMILE

Millionday: MY FAVORITE PART COMING UP

Millionday: NOTE — REMEMBER WHEN CBI ANNOUNCED AFTER MEETING WITH ALL BANK LEADERS THAT THE MONETARY POLICY AND CURRENCY REFORM WOULD BE DONE IN STEPS AND IT WOULD BEGIN WITH THE WORKSHOP–

Millionday: Nora Albjara member of the committee of economy and investment in the House of Representatives revealed that the central bank completed its preparations for the issuance of metal coins of seven small groups, 

in conjunction with the implementation of the project to delete the three zeroes from the paper currency is currently in circulation.

Millionday: (FAVORITE PART)  WHOOOPOW

topgun: Back to the old question: Will there be a time limit to turn in our DINAR? How much time do you think we will have to turn in our DINAR?

Millionday: I WONT GUESS HUN BUT ALL THE REGULATIONS WILL BE GIVEN TO US WHEN THE INTERNATIONAL RATES ARE RELEASED TO THE MARKET

Millionday: WE WILL KNOW HOW LONG WE HAVE — AND ALL THE RULES ETC

louigi: ????? is there really anything to the lop scenario thanks MD

Millionday: NO A LOP IS WHEN THE PRICES — CURRENCY– AND THE INFLATION – 

ALL HAVE 3 OR 4 OR 5 ZEROS THAT CAN BE TAKEN OFF FROM ALL THREE – IRAQ DOES NOT QUALIFY

Millionday: You can divide currencies into four categories:

Legal tender currency (notes and coins) that are still in use.

Millionday: 2, Legal tender currency that is outmoded. These are coins or notes that still have legal tender status, but have dropped out of circulation. 

For example, Silver Certificates are still legal tender in the United States (as are all banknotes issued since the Civil War), and though they could be used to pay a debt, you are unlikely to get one in circulation. In most cases, the currency has a greater numismatic value than legal value.

Millionday: 3, Demonetized but redeemable currency no longer has legal tender status, but the issuer, usually the central bank, will exchange the notes and coins for the current legal tender. 

For example, German Marks ceased to be legal tender on January 1, 2002, but the Bundesbank has placed no time limit on converting Marks into Euros

jtank: 3 is ours

Millionday: YES IT IS SO WE WILL SEE WHAT THE REGULATIONS ARE AND FOLLOW THEM BUT PLEASE EVERYONE MAKE SURE ANY GAIN YOU HAVE AT ANYTIME IN LIFE –

KNOW THE REWARD IS NOT WORTH THE RISK OF NOT PAYING TAXES –

Millionday: SO AS WE SEE — CBI IS READY WITH 7 COINS (FILS) AND SMALL DENOMS — WHOOOOPOW

Papatom what you are saying about taxes…… think about this…

the US treasury can have the IRS freeze your assets with no cause

Millionday THAT SOUNDS SO UGLY 

Papatom that is the truth, you have to prove your innocence

Millionday EXACTLY — THE KEY TO EVERYTHING IN LIFE IS BEING LEGIT

http://www.dinarupdates.com/showthread.php?14680-Millionday-news-10-30-14

Notes by Bulldogford65:

FRANK26 EMERGENCY IQD CONFERENCE CALL  THURSDAY, OCT 30, 2014

IQD update

• Please do not call Frank with questions about what other websites are saying

• Frank called this special call based on the announcement made today by the CBI

• No one knows the date or rate

• In the 1990’s, the KWD was an example to the IQD in this millennium

• On Iraqia TV, the CBI announced the monetary reform is done and they are ready to release coins, complete with the Kurdish language; however there are still some things being done, the bank notes with the 3 zeros with the Kurdish language are being distributed
….

• In Frank’s opinion, the coins are utterly worthless at 1166, the only way they have value is if the rate is increased

• Frank and his teams believe we’ll only see 2 of the 7 coins released right away

• Article today from the CBI stating of the 5 trillion IQD printed, will see the rate increase and drawing in of the 3 zero notes, along with release of lower denom notes, and will take up to 5 years to accomplish

• Do not confuse the removal of the 3 zeros from the CURRENCY with removing the 3 zeros from the VALUE of the IQD; it will not take 5 years to lift the VALUE, they will take 5 years to lift the 3 zeros from the CURRENCY; the rate must increase

• the citizens of Iraq did not go to the bank and open accounts and change to the Qi card as hoped, so the education of the people is needed, causing the extension from 2 to 5 years of the lifting of the 3 zeroes from the CURRENCY

Delta joined the call at this point

• Delta reported on the information from the CBI which was announced on Iraqia TV; read in Arabic first, and then translated that the CBI is about to introduce the coins, there are 7 coins, and likely the 1 and 2 dinar coins will come out first; Delta’s opinion is that the CBI will gradually roll out the coins as the rate increases

• On Iraqia TV, the CBI said they are ready to delete the 3 zeros; the coins are at banks ready for release; the 5 trillion in new notes with the Kurdish language are ready for distribution

• Delta reported that bank employees stopped receiving payment recently because of lack of liquidity – no cash to pay them because the CBI has been doing such a great job of pulling in notes

• Delta emphasized that it will not take 5 years to raise the VALUE, they will take 5 years to pull in the 3 zero CURRENCY; it will still be legal tender, but will be phased out, replaced with the lower denoms as the rate increases

• In Delta’s opinion, the rate needs to be on par or higher than Saudi Arabia’s riyal (SAR), and it’s possible, in Delta’s opinion, to see the rate come out at any time

• Delta said looking at the ISX, they have changed to Xstream, yet as of today they are not trading internationally; however, as of Oct 24, the Arab Federation of Exchange does have the ISX and IQD appearing for the first time – with no rate; everyone is waiting for the rate

• In Delta’s opinion, the rate has to change before any implementation of their plans

• Representative of the finance committee related that the rate will increase gradually so as not to confuse the Iraqi citizens

• Frank then reported on the USD, the UST announced on Fox News that they will no longer be buying bonds and will stop printing money (quantitative easing), and when asked why, the UST stated that it’s because our economy is improving; Really?? we all know our economy is not vibrant and robust, so what else is changing? The same thing happened in the 1990’s with the KWD and the balancing of the US budget gradually over 3 years

• Delta’s opinion is that the rate will come out around $0.25 – $0.35 and gradually increase;

Frank’s opinion is that it will come out at 1:1, and we have seen the 0.86 rate being held as a test; when the dollar goes down, gold goes up, yet we are seeing the opposite; gas prices are down as well, manipulating the value of the USD and the US economy

• The increase of the rate may be gradual over a couple of years, and when the float hits a couple of dollars, the rate can take a larger increase

• In Frank’s opinion, the rate was released on Sunday as an algorithm, and the evidence is that the Qi card has been used in Iraq

• Frank gave I Team’s report: “same old, same old” news – what is the same news for the last 3 weeks? October is the month per the plan…. If it is not October

• I Team’s last comment is that Iraq will say something, then they will contradict themselves

• Delta reiterated that the CBI is saying they are ready to go now, not a year or two years from now; no matter the rate that it comes out at, it will increase rapidly

• Frank reiterated that only 10% of Iraq’s oil has been surveyed, their economy is about to explode

• In Delta’s opinion, the rate will really increase quickly, within months possibly, and the lower denom coins will roll out in conjunction with the lifting of the 3 zeros – this means the VALUE must increase

• Frank ended the call with prayer and Andy lifted the prayer with the shofar horn blast


KTFA:


Emergency Thursday Night Conference Call with Frank26 and Delta:  Approx. 60  Minutes Long

PLAYBACK # : 760.569.7699 PIN: 156996#

https://www.freeconferencecallhd.com/playback.html?n=OTQCw/jY5Ma
BLC Admin tlm724 Chat 10/30/2014 Parliament Session and Budget

[tlm724] I just posted the press release (text) of the parliament session today, they had some very interesting discussions , let me show the highlights

House of Representatives is hosting the finance ministers and the oil and Planning 30 October 0.2014

[tlm724] The Council voted to extend the first legislative chapter for one month starting from 1-11 until 1-12 within the powers granted to the presidency of the parliament.

For his part, Mr. al-Jubouri called for parliamentary committees to speed up the resolution of the presidencies of deputies and parliamentary committees and rapporteurs as soon as possible.
~~~

 http://www.parliament.iq/details.aspx?id=9283&Alw

[tlm724] Mr. Saleem al-Jubouri, head of the House of Representatives welcomed Messrs finance ministers, planning and oil to talk about the federal budget for 2014.
 
stressing that the withdrawal of the observed reserve of Development Fund for Iraq during the 2012 and 2013 affected economically and consequent financial commitments to a number of decisions and laws on compensation and the ration card and electrical projects

[tlm724] noting that the committee recommended funding deficit through the Special Drawing from the International Monetary Fund as well as to issue treasury transfers to the pension fund and the bank Rafidain and Rasheed,

[tlm724] special drawing rights from the IMF are funds available via loan’s from the IMF for Iraq to use, we see those listed on the CBI as SDR’s

[tlm724] that will help them correct the budget deficit

And between the Minister of Finance and the presence of several proposals, including an agreement with the Central Bank of EXTRA discount reservists law to 7 instead of 15% and a Trade Bank of Iraq to grant the Ministry of Finance loan of $ 3 billion and the issuance of securities,

which means that the fiscal deficit by about 5 trillion dinars, indicating near launch urgent batch of money available to the Kurdistan region and is currently working to prepare the budget for fiscal year 2015.
 
[tlm724] Central Bank of EXTRA discount reservists law to 7 instead of 15%

[tlm724] CBI will lower the interest rate for the GOI

[tlm724] a Trade Bank of Iraq to grant the Ministry of Finance loan of $ 3 billion and the issuance of securities, which means that the fiscal deficit by about 5 trillion dinars

[tlm724] a loan and the issuance of securities means bonds to generate revenue

[tlm724] then there was further discussions

The MP called on Najib Najib to send financial share of the region of Kurdistan and the indispensability take measures to pay the salaries of the Peshmerga, similar to the popular crowd wondering about the possibility of recycling the money.

[RCS1947] timmy lots of positive news today. thank you and Bondlady

[tlm724] RCS1947 you bet   

He MP Adnan al-Janabi said national unity could potentially contribute to change the rentier economy and support agriculture, pointing to the existence of illegal decisions taken by the government to divert money from within the budget, urging the Oil Ministry to facilitate the work of the oil companies.

[tlm724] pointing to the existence of illegal decisions taken by the government to divert money from within the budget

[tlm724] that was Maliki’s doing
 
Inquired MP Haim Jubouri commitment on the issue of a number of ministries over the signing of contracts for projects without the approval of the Ministry of Planning or approving the budget, calling for the export of oil through the province of Kurdistan and to reconsider the price of a barrel of oil within the next budget.

[tlm724] calling for the export of oil through the province of Kurdistan and to reconsider the price of a barrel of oil within the next budget.

[tlm724] the Kurds will increase their production to 400 k bpd by the end of this year

The MP Abbas al-Bayati, the importance of the work in earnest to prevent money laundering and the need to reduce the allocated consumer aspects of the money in the state departments. MP Ahmed electrodes have inquired about the existence of attempts to dispose of the Iraqi Central Bank reserves.

[tlm724] this new GOI has their eye on the prize and will help to protect the reserves

[tlm724] they know those reserves back the currency etc .. we should not see any attempt on them from this new government like we saw from Maliki
 
In response to interventions and inquiries Finance Minister Mr. Hoshyar Zebari, the difficulty of presenting the 2014 budget, but the ministry will provide financial data on disbursements, indicating the importance of political processors for some aspects related to the budget and the lack of any intention by the government or the Ministry of Finance PMS employees’ salaries, pointing to the existence of a crisis in real the presence of about $ 77 billion financial reserve at the central bank have not been touched. financial liquidity but to call an end to bankruptcy in

[tlm724] see,  to call an end to bankruptcy in the presence of about $ 77 billion financial reserve at the central bank have not been touched

[tlm724] Zebari, the difficulty of presenting the 2014 budget, but the ministry will provide financial data on disbursements

Mr. Zebari said the intention of the Ministry of Finance to launch allocated to the provinces of Nineveh, Kirkuk, Diyala and Anbar money during the next phase

[tlm724] money going out in the next phase   

indicating the absence of any costs or financial burdens for the establishment of the coalition forces raids to combat terrorism, stressing the keenness of everyone to grant the Kurdistan region of all rights and working to launch a financial boost to the province Soon

[tlm724] stressing the keenness of everyone to grant the Kurdistan region of all rights and working to launch a financial boost to the province Soon

[tlm724]that’s from the Minister of Finance

As Mr. Salman Jumaili Planning Minister Ban has said the ministry focused during the current phase of the adoption of policies and ideas, legislation and reordering of priorities, noting that rotate the amounts associated with the presence of a substance in the budget bill in this regard noting that tackling corruption is a top priority, stressing that the financial budget spent and it has become a reality if the report will be sent to the House of Representatives in this regard.

[tlm724] focused during the current phase of the adoption of policies and ideas, legislation and reordering of priorities

[tlm724] noting that tackling corruption is a top priority

[tlm724] stressing that the financial budget spent and it has become a reality if the report will be sent to the House of Representatives in this regard

[tlm724] sounds like they are track here, getting their ducks in a row, tackling a very hard job of trying to get this 2014 budget (funds) launched so they can move on and prepare the 2015 budget the right way !  

[tlm724] I like it    

[RCS1947] me too !

[JohnnyZ] Looks like they are differently getting things lined up for things to start popping!!!! It appears they know once they open the flood gates it will be a rushing river of goodness!!!!

Then decided to adjourn the meeting to next Saturday 01/11/2014.

Circle Media    Iraqi Council of Representatives   30/10/2014

http://www.bondladyscorner.com/t102477-blc-admin-tlm724-chat-10-30-2014-parliament-session-and-budget

Millionday Article quote: “Concluded yesterday evening events Baghdad International Fair Bdorth 41 amid the presence of a striking and distinct different companies represented twenty Arab and foreign countries.”

THE REASON THEY WERE AT THE TRADE EXPO/FAIR WAS TO DEFINE ALL THEY OFFER FOR THE INTERNATIONAL COMPANIES TO COME IN AND USE THEIR BANKING TO BOOST REVENUES — THEY ALSO ARE NOW WORKING TO MAIL OUT VISAS TO ALL THE IRAQI CITIZENS AND BANK ACCOUNT HOLDERS SO THEY CAN USE THEM IN ALL GLOBAL COUNTRIES OF THE WORLD AND EXCHANGE AT AN INTERNATIONAL RATE. THE ONLY WAY THIS IS POSSIBLE IS WITH EXCHANGE RATES BEING RELEASED AND THEY HAVE TO BE REALITY RATES…ALSO WITH INTERNATIONAL ACCPETANCE.

Kaperoni …the spread is lowering again…the CBI has it down to 1202 which is pretty much top of compliance…2%, but they must hold for 90 days and the CBI has been pretty good since late Aug around 1202-1205 so by end of year, they may be at a point where the IMF would allow the transition and coincidently, the CBI will have replaced a fair share of the worn out dinar…sounds like solid ground to me.

Adam Montana [How can a country even think of revaluing their currency when there is such disruption within their borders? Is it na├»ve to think of an immanent RV could happen with the HCL (completion) and the filling of parliament with all the disruption.] IS was definitely a major consideration a month ago – today, not so much. The disruption within their borders may seem like a major deal to us, but for them it’s just a way of life. It was no different before the value plummeted to worse than 2000:1, it has already doubled in value since that time in spite of the continued turbulence, and I see no reason to think that they will not continue to increase the value particularly once the HCL and Budget are in place.