[millionday] there is no way to learn the entire process of the changes they are implementing so just know that they wanted it at 1166 and that is a good thing due to their planning we have been able to see and that is why the auction was large

    [dinarmamma] The s family yes confusing

    [faith1] so they can now move from 1166 ,, is that what you are saying??

    [millionday] the rate it is now is imposed — the real rate is figured by gdp and all reserves and resources — for instance the gold bonds commodities ect ect

    [millionday] yes

    dinarmamma] Thank you millionday I feel better as long as its good for us

    [millionday] right me too — as long as it is good we like it — sounds good to me smile

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     [dlherm] Millionday. Yes but it is because they chose to have it pegged to usd. So that it wouldn’t fluctuate in country and cause massive inflation!

    [millionday] i am sure some of the economics of this entire thing are very confusing but we try to bring the changes and the updates as best we can to keep us updated in all arenas to do with this process —

    [anthonlcs] IMO…understand that people are wanting the dollar…so the problem is…1166 would purchase 1 dollar..with market rate it was costing the Iraqi people almost 1300 dinar to purchase 1 dollar…creating inflation and hurting them…they are trying to get the market rate the same as CBI rate to show stability

    [millionday] i hope that none of you ever walk away confused so please ask anything you want to know

    [The s family] When are the stars, moon and planets going to line up for the rv?

    [millionday] of course i dont have the rate and the date —

    [rollonjohn] millionday I appreciate your explanations as well!

    [millionday] now when they adjust the cost of living that will confuse the heck out of ya  lol

    [The s family] You would think there is nothing but benefit for them to rv…..

    [millionday] i agree — the rv is a huge benefit for them — i mean huge —

    [letsroll] dlherm ..and we can thank Dr. Shabibi for his sound economic plan….. ( pegged to the dollar)

    [millionday] for the world to have respect and confidence for the dinar

    [dlherm] Letsroll. Yes he is an extremely smart man!!

    [millionday] that will bring in much needed jobs and money and also the rollers will play the stocks and win obviously and the money rolls down hill so the country will gain

    [faith1] so if they get the market rate to 1166,, realized and not artificial,,, they can then adjust to reflect their resources and move forward in their growth plans??

    [anthonlcs] The s family They need to make sure all laws in place because trillions of dollars coming…Its going to be crazy as soon as it RVs….need everything in place….This is coming

    [The s family] Which would mean it is a little while off.    [The s family] ?

    [anthonlcs] The s family I believe a few laws away…could have it done behind closed doors anytime…just my opinion

    [millionday] The s family they have one shot at this and it has to be right and audited and implemented perfectly — i think they are ready and they say they are so we shall see

    [millionday] faith1 right

    [The s family] sorry, jus frustrating

    [millionday] no problem hun   the thing is this

    [anthonlcs] The s family sorry if i ma adding to your confusion..i need to shut up…lol

    [The s family] your not..

    [myblifeguard] millionday ..still…we have more sources of confirmed positive than all the gooroos have produced in several years!! That’s a good sign…

    [millionday] if they met with the world bank with all of their auditing figures and preparation ect and it was accepted then we would not think that they are not ready

    [faith1] Ty u all …

    [millionday] it is costly to do all of the things they are doing and it could ruin them to do them multiple times   just placing the customs in place is a billion dinars

    [millionday] roundtable is for all of us to talk — please know that we want you to participate

    [onthewings] Thank you everyone who contributes to this round table and offers articles and opinions as to what is going on and where we are in this investment millionday you rock hun thank so very much !

    [millionday] the smartest man i know told me something one day that stuck with me — the smartest person in the world is the one that knows how to say , “i dont know”

    [gpleas] Millionday do you think Tukki is the holdup governor of CBI

    [The s family] I guess I’m super smart then

    [millionday] no one can know all about everything so don’t feel as though anyone can expect you to know all about everything and if they do — they are really fooling themselves of who they are as a person

    [gpleas] Millionday do you think Tukki is the holdup governor of CBI

    [The s family] I guess I’m super smart then

    [millionday] no one can know all about everything so don’t feel as though anyone can expect you to know all about everything and if they do — they are really fooling themselves of who they are as a person

    [millionday] i think that turki is completing things that have to be done in his position

    [WJJ] what does the “the process of deleting the yellow of the coin” mean?

    [LBnFL] I doubt that any one person is holding this up. We DON’T KNOW what we don’t know, so there is no way to tell exactly what needs to be done.

    [millionday] i dont think he is holding things up — i think he is moving them forward as planned — we just dont have the date

    [millionday] WJJ can you show me the context?

    [WJJ] it was in an article hang on I’ll find it

    [millionday] thanks hun

    [The s family] It seems as though they said that the lower denoms would be out in June or July??? Right

    [millionday] yes

    [The s family] Which gets our hopes up, but they don’t always keep with those statements either

    [millionday] right — they will redenominate when they are ready — they have said july in many statements and they have said they are ready now but we also know that we are waiting for them to move forward — the goi is demanding it and economists are begging for it — cbi has met with world bank and they approved their reforms but anyone that tells you they know when exactly is lying

    [wmawhite] millionday …….it appears that many of us think this is held up only because we think Iraq is on our schedule. To date, I do not remember Iraq telling us what the date is.

    [millionday] we are doing our best to keep it real and in ink so we dont make things up and dont mislead anyone

    [anthonlcs] The s family My opinion on Turki…not sure that he is who the cental banks want in there….hopefully he is continuing to get input from other central bank governors like Australia and Germany to help him proceed correctly…still worried he is trying to follow CBI and Malikis plan…not sure which…

    [millionday] exactly — many ask what the hold up is and i have to say it always makes me think of a dear friend of ours , joe p , he stated what is saying it is a hold up — what about that it is on the right time and the right schedule — all if this could be right on time — we just dont know what the time is — love the way he put things

    [The s family] I appreciate that you don’t mislead people

    [dlherm] It will be done in iraqi time which is not the same as ours!!

    [anthonlcs] IMO..Im not sure there is a schedule of dates…just trying to get things done…and when they are done they will RV

    millionday] thank you hun — i have to say i try very hard to only say things that i have seen in print — of course i get excited too — and this is very exciting right now we would have to be blind to not know that but some get over excited or just grab what they like to read and dont address the negative things — i try and we as a team try to being it all and that way we arent going through this blind

    [millionday] i dont see any more news out that i feel is important to us right now  ] does anyone else have anything   i have been told we will be loaded tonight with news

    [WJJ] millionday here is where I found the reference to deleting the yellows of the coin -Committee member agrees deleting zeros is a positive, restores the currency; However politics could delay such law until 2015 Posted: July 17, 2013 in Iraqi Dinar/Politics Tags: Central bank, Central Bank Iraq, Chapter VII of the United Nations Charter, Currency, Iraq, iraqi, Iraqi dinar, United States Senate Committee on Finance A member of the parliamentary Finance Committee Hassan Salman al-Bayati, Wednesday, that the process of deletion of zeros from the Iraqi currency is positive and important and will respond account of the Iraqi dinar “ Al-Bayati said in a statement to / Baghdadi news / “The process of deleting the yellow of the coin is of great significance in the advancement of the Iraqi currency, especially as most of the political blocs in favor of this process, but for the sake rated due attention to security conditions and legislation important laws in the country” “The vote on this law in order to year / 2015

    [millionday] so make time to be here and expect it to be a little while

    [millionday] thanks hun lets read this

    [anthonlcs] here is just news….Arab Tourism Capital 2014 “look beautiful” six billions dollars is to attract 4 million tourists Author: Editor: BK, RS 17/07/2013 17:53 Range Press / Erbil Confirmed management Erbil province, on Wednesday, tunnels six billion dollars during the past 2012 the past, and 2013, the current, on the development of infrastructure as well as foreign investment, large flowing in the same area, and revealed and developed a plan to attract four million tourists over the next year, while counting the official that the choice of Arbil, the capital of the Arab Tourism for the year 2014 was a “great asset” for Iraq, noting that efforts are continuing to secure the requirements of this event.

    [faith1] cbi did meet with world bank ?? !!

2:36 PM [millionday] if they met with the world bank with all of their auditing figures and preparation ect and it was accepted then we would not think that they are not ready ,..,, then

2:45 PM [millionday] right — they will redenominate when they are ready — they have said july in many statements and they have said they are ready now but we also know that we are waiting for them to move forward — the goi is demanding it and economists are begging for it — cbi has met with world bank and they approved their reforms but anyone that tells you they know when exactly is lying . AGAIN,,, cbi has met with world bank and they approved their reforms ,,, seems to me we are in the middle of it,,, and they are showing and telling… JMHO.. as confusing as it gets,, It’s also exciting…

    [WJJ] millionday so I was wondering if anyone knew what it meant

    [millionday] WJJ that sound like they are referring to the new currency series

    [anthonlcs] Swiss company ABB wins contract to build four plants to electricity transmission and distribution Kurdistan worth $ 30 million Author: HAA Editor: AHS 17/07/2013 17:47 Range Press / Baghdad Company announced ABB Swiss specialized projects, electric power, on Wednesday, won a contract from the Zagros to build four new plants, transmission and distribution in the Kurdistan region, while confirming that the contract value of up to $ 30 million, noting that these stations is working to add 600 megawatts of other energy Electric province.

    [WJJ] millionday I see

    [anthonlcs] When it RVS…kurdistan will rocket to the top!!!

    [WJJ] millionday thanks I’ll need to think about that a bit

    millionday] WJJ it also could mean the bad opinion of the dinar itself — have you tried to translate it through another translator ?

    [WJJ] millionday it came up with pretty much the same thing ] I’ll see if I can find other references

    [faith1] millionday in article ,, i think yesterday they were talking about their credit rating…. also articles addressing paying Kuwait,,, do you think if they pay Kuwait (11 bill) will improve their credit rating?? Or does it have anything to do with being able to RI/RV

    [millionday] faith1 yes they have met with world bank and the report was the first thing i brought in today — when Rudie posts it you will see it on there first

    millionday] WJJ i not seen that on anything — very strange — the yellowing of the coin? sounds like a slang reference in our language

    [WJJ] millionday kind’ve what i thought to since I’ve not seen it before either  i thought at first the may have been talking about the smaller denomination coins in IQD and fils

    [millionday] faith1 the credit rating will improve by upholding agreements and i am not sure if that particular payment will raise the rating from a “B” but they do need to move forward and pay them — i thought that their reserves had diminished enough to cover it but it looks as if they have not after new research i did to ensure it — they need to pay them to comply with chapter 6

    [dlherm] Millonday. Could yellowing be referring to gold?

    [millionday] WJJ right me too —

    [millionday] dlherm it could but i need to look it up and see if i can research it

    [millionday] ok lets wrap this up and see you tonight at news time

    [millionday] belabun has alot to bring as well — i guess she got busy at roundtable so dont go anywhere — lori and her both have some news they have found this morning

   [wilbur48] “Nijaifi expressed the readiness of the parliament to support the CBI and its current administration to control the exchange rate and serve the citizens,” the statement added, noting that “The two sides have also discussed the procedures that the CBI will follow after relieving Iraq from the Seventh Chapter of the UN’s Charter and lifting the US protection to the Iraqi funds.” “Nijaifi called to form a committee to follow up the procedures of the indebtedness of the Iraqi funds after lifting the US protection to the Iraqi funds,” the statement concluded. /End/

    [tiger_ag] i see what you doing there… there are actually 2 one is white and the other is red ext black interior

    [CaliDreamers] millionday Do you think when the HCL goes into effect that the RV will happen??

    [myblifeguard] LBnFL ….The Meridian and TBM 850 are nice too

    [schmidtberger] tiger_ag …who, me???? alm:

    [CaliDreamers] and does the BIS have the final say on the release of RV?

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       [bluedog2] CaliDreamers what is BIS?

    [Fresh] bluedog2 Bank of International Settlements

    [bluedog2] Fresh Thank you!

    [Fresh] CaliDreamers I think CBI initiates release before any other agency, etc IMO

    [CaliDreamers] bluedog2 I believe it is the world bank in Switzerland

    [millionday] i cant find the law on the taxation but can summarize

    [faith1] Love this…. 1:38 PM [wilbur48] “Nijaifi expressed the readiness of the parliament to support the CBI and its current administration to control the exchange rate and serve the citizens,” Serve the Citizens LOVE IT !!

    [millionday] i guess i cant summarize — all i got is the consumer will be taxed on gains but that is not all of it — i will try to find it for tonight hun

    [onthewings] millionday will the law on taxation delay the rv ?

    [millionday] no

    [The s family] Million why is the cbi audit significant? Or is it not

    [millionday] the law may have been because of it and a way for the us to make money which would not be shocking — due to the way it was written even a laymen could find loopholes so it may have been due to it coming

    [millionday] The s family final fiscal year accounts at one rate and then moving forward to another would demand an audit

    [onthewings] millionday What about a delay in the implementation of the customs law ? would that delay the rv ?

    [miraclehands] millionday is it in your opinion possible to RV in July or do you feel we will not see it till later on?

    [millionday] onthewings no it would not delay the rv — it would speed up the customs for that coming in other then through free trade zones ect — they will be a huge trade center and are expected to soar the middle east and

    [millionday] remember they are building that massive historical road to Europe — i would like to find an update but i am sure some of you remember when that plan was laid out — massive

    [anthonlcs] millionday Im glad to see that ramadam hasnt slowed a thing down! Seems like good news everyday!

    [onthewings] millionday I am so happy to hear that !! ty vm

    [millionday] me too — i remember years ago we thought the whole country stopped during ramadan — goodness we have learned a lot  smile

    [anthonlcs] millionday lol

    [anthonlcs] millionday exactly

    [millionday] i can remember many reporting that no one works and all money exchanges stops — had to laugh    smile     brb with more

   [millionday] While revealed that the reserve bank amounted to $ 76 billion in May last year, counting that out of Chapter VII would give Iraq “more freedom” to act and attract foreign investment. calls for a member of the Economic Commission representative, to the need for “multiple revenue estimated reflected on the economy and not on the availability of cash reserves large,” and continues that this “evolution in oil production and reserves, the central bank must be reflected on the lives of the citizens, because the country still has a large proportion of the poor and low-income and high unemployment, crisis housing and the deterioration of agricultural and industrial sectors. “ and sees Abtan, that “Iraq does not suffer from the crisis of funds but from how to manage money, causing paralysis of the Iraqi economy,” and calls for “Bank of Iraq the central need to take quick steps to delete the zeros from the national currency.”

    [millionday] and is a member of the Economic Commission Parliament, that “the reserve that exists in Iraq and put the current economic is not commensurate with the size of the local currency and value that contains the number of zeros, and the current currency does not befit the status of Iraq and strengthen the economy.”

 Daini: out of Chapter VII made ​​it necessary to delete the zeros For its part, says a member of the Economic Commission representative, Nahed al-Daini, in an interview to (range Press), said that “the deletion of zeros from the currency became a reality, especially after the withdrawal of Iraq from Chapter VII of the Charter of the United Nations.”

And remember Daini, that “the Economic Committee of the Council of Ministers were wary in the past of the deletion of zeros from the currency of many considerations, “and turned out to be” out of Chapter VII made ​​it necessary to delete the zeros to be of the Iraqi dinar absolutely privacy

    [millionday] and calls for a member of the Economic Commission parliamentary political forces and stakeholders “Leave excuse the wrong time, which taken as a pretext to stop a lot of decisions which, if applied to have contributed to the recovery of the Iraqi economy significantly, “and stresses the need to” adjust the border crossing points and the adoption of the law of customs tariff and reset the currency and the implementation of the Consumer Protection Act for the advancement of economic reality. “

Najib: The project requires a real will to that says member Finance Committee parliamentary Najiba Najib, in an interview to (range Press), “The Commission did not discuss with the Iraqi Central Bank Multi deletion of zeros from the local currency after assuming Abdel Basset Turkish presidency,” and explains that “the Finance Committee parliamentary pending claim CBI to discuss with him in this matter.

    [millionday] note — in other words — enough talk all ready

    [millionday] Search head of the Islamic Supreme Council Ammar al-Hakim with the Emir of Kuwait Sabah Al-Ahmad Al-Jaber Al-political situation in Iraq and the region in general.

According to the Kuwaiti news agency on Tuesday: The Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and Kuwaiti Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Altqa head of the Islamic Supreme Council of Iraq Ammar al-Hakim

    [millionday] He praised the Kuwaiti Crown Prince: the efforts of al-Hakim in the “convergence of views between the political leaders in Iraq and the unity of Iraq and the consolidation of its pillars,” and expressed the hope that “prevail in safety and security and stability in Iraq to back Iraq’s civilization united bright.”

Ammar al-Hakim had arrived yesterday to Kuwait in a several-day visit during which he will meet with senior Kuwaiti officials to discuss relations between the two countries and the latest developments in the region.

    [anthonlcs] Somebody was asking about whose responsibility it was to raise the value of the IQD..

    .Heres a new article….Economic: Iraqi dinar exchange rate stability the Central Bank responsibility | On 2013-07-17 | Writer Eman Kassem Alalam The Commission on economy and Investment Bank representative to ensure the stability of the dinar exchange rate to foreign currencies the alara is the responsibility of the Central Bank of Iraq.

The Central Bank has promised to take action to lift and stabilize the dinar as before but the decline of the dinar is still erratic in the Iraqi market to fall and rise.

    [anthonlcs] He said the Commission’s decision in a statement Khalil mehma: “that the Central Bank is obliged to keep the exchange rate of the Iraqi dinar and sovereign balance must be preserved and feature in the Iraqi economy that is expected to be Iraqi dinar economic identity in the region that Iraq economic OASIS and its promising economy.”

he noted that “the Iraqi dinar exchange rate depends on the Iraqi Central Bank and political task of maintaining the value of the dinar which is built on the basis of the price of a barrel of oil and the price of the US dollar a [166] he added dinar [13] DT Commission became 1199.

Khalil said that “price is still erratic and stability is through control of the movement of the dollar and the market may not be balance in 2007 Iraq 10 billion dollars and exchange rate 1200 and today our $ 76 billion and five years after the exchange rate remains the same, this is not permissible and is unreasonable.”

    [anthonlcs] The Iraqi Central Bank issued new instructions to stabilize the exchange rate of the Iraqi dinar against foreign currencies through weekly quotas for banks and money transfer companies and will increase and reduce the quota for each delivery commitment amounts that customers of citizens. http://www.microsofttran ··· d%3D2599

    [millionday] thank you hun — now i have something that goes with that from last night  brb

    [millionday] someone asked me why the high auction on Monday let me address this before i show you — the plan that was released for the dinar and their rate economy ect by shabibi had referred to the program rate to be 1166

    [millionday] many of us remember that and it can be found on cbi site pages 43 through 48 of a document of 119 pages i believe was the total but  this tells us that the plan had the first half of the year at 1166 and then the new rate for the next half —    [millionday] here is what i have on that auction

    [millionday] Sales rose Iraqi Central Bank of the dollar in the auction sale and purchase of foreign currency on Monday to 356 million and 882 thousand dollars, after that on Saturday reached 182 million and 488 thousand dollars, a stable exchange rate was 1166 dinars per dollar.

He said the central bank said in a statement today that the demand for the dollar distributed by 78 million and 125 thousand dollars was sold in cash while the value of the amounts sold form of remittances 278 million and 717 thousand dollars, select the price to 1179 dinars per dollar, and the purchase price cash of $ 1171 dinars. ”

And participated in the auction currency today 24 waged, banks. He ruled out $ 62 million and 871 thousand dollars of banks participated in the auction, for the purposes of auditing and other services related to combating money laundering, as well as various other reasons

    [millionday] so the huge auction was to adjust the exchange rate to 1166 by what i have found

    [millionday] very nice

    [booboo] I thought it was 1166 already

    [millionday] so we have iraq in kuwait for a few days — the world bank approving the monetary plan and the banking reform documents from cbi and we have the un meeting yesterday and commending from kuwait on the relations with iraq and we have the auctions monday bringing it to a rate of 1166 which we would hope to see

    [millionday] must not have been

    [millionday] so the meeting with and the acceptance of the documents from cbi make us happy — and obviously make them happy too — smile

    faith1] I don’t understand,,, thought it was 1166 ?? sorry I’m confused again!!

    [millionday] it had raised

    [LBnFL] CBI website “Sell 1166, Buy 1164”

    [The s family] Well we are in the second half of the year…and they are still wanting it at 1166…

    [schmidtberger] millionday …are we still looking at sometime in july in your opinion?

    [booboo] than the CBI needs to update their website its been 1166 for a long time.

    [millionday] now it is after the auction on Monday

    [anthonlcs] faith1 market rate

    [dlherm] Faith1. It is pegged to usd at 1166 but it will naturally fluctuate from day today so in order to keep it at 1166 they have the auctions

    [millionday] well the rates for purchase have shown the change so i have no idea

    [LBnFL] CBI website “Sell 1166, Buy 1164” has been the same since I have been in this.

    [millionday] they have been fluctuating a lot recently

    [LBnFL] Not trying to be difficult, just don’t understand.

    millionday] isx will show you hun

    [anthonlcs] IMO ..They want the market rate to be as close to the CBI rate to keep from hurting the IRAQI people

    [millionday] let me look for more news brb    anthonlcs i agree

    [tiger_ag] as demand for the dinar goes up with people buying as an investment, it pulls dinar out of iraq, thus price will go up….big action re saturates the market and drops the price back to 1166? could that be an explanation?

    [dlherm] The currencies against other currencies fluctuate all the time! Just look on netdania and you will see it! The auctions keep it steady at 1166!

    [millionday] right the auctions will be used in the future to maintain inflation and the rate of the dinar in the market place

    [booboo] concern it will be a long time before they RV

    [wmawhite] tiger_ag tiger_ag …….the value of the IQD has been increasing…….thus the rate on the street has dropped (increased) from 1200 to 1166.

    [millionday] it was a plan that was started by shabibi and then stopped and then continued but monday it was a huge auction so the explanation was to get it back down to 1166 as a real rate

    [millionday] which is good news

    [The s family] Ok, how is that beneficial?

    [millionday] because it is referred to on many documents throughout this process as the rate of the dinar for the plan and the changes occurring

    [booboo] my understanding was 1166 was a artificial rate.

    [dinarmamma] Millionday I thought the real rate was 3.42 or there about

    [The s family] so confusing

    [millionday] smile

    [dlherm] If you look at rates on cbi site usd rate has stayed at 1166. But since i am in canada, i look at cad rate and it has changed significantly going from 1142 to 1107 at one point!

    [wmawhite] booboo …it is artificial because it does not reflect the true value of the IQD.

PART 3 CONTINUED

Update and info about significant things relating to the RV of the IQD, from Sam G

Our watch date of July 9 was the first day of Ramadan and it turned out to be the date that the FDIC officially implemented Basel III requirements on US banks. I also read that July 1 was the effective date of Basel III as far as the Fed was concerned, but I don’t have confirmation of that.

Reports say that on July 15 the Iraqi Stock Exchange (ISX) linked to the NASDAQ in America for the first time, so that people in Baghdad’s “Green Zone” could trade in America and, presumably, the other way around as well. It was open for only two hours, they say. The ISX opened in 2004 but was limited to internal trading with Iraqi businesses. It was done with chalk on blackboards, and even now, trading is limited to 4 hours a day, 3 days a week.

They went electronic back in 2009, but were still unable to link up with international exchanges. Since the UN allowed Iraq out of Chapter VII and placed them in Chapter VI, Iraq is now able to do international trading. So, our watch date of July 15 was a very important milestone for Iraq. The next dates to watch would be Friday, July 19th, and Monday, July 22nd. If the revaluation does not occur on either of those dates, it will likely be at least September.

    [millionday] and oh boy do we have some news  like whooop whooop

    [millionday] so i have some news for ya and first let me say there has been no news come out about the monetary plan completion so here we go

    [millionday] The Central Bank of Iraq, Wednesday, the World Bank praise a draft reform of the banking sector in Iraq and the promotion and development of banking supervision. The bank said in a statement obtained by “obelisk”, a copy of “The Bank received a letter from the World Bank praises the report issued by the international auditing firm for the financial statements final draft reform of the banking sector in Iraq and promote the development of banking supervision.”

    [millionday] World Bank came devoid of any observations or reservations This report reflects the good efforts of the Department of Central Bank of Iraq for several reform project of the banking sector in Iraq and the promotion and development of banking supervision and coordination and cooperation with the World Bank and down to the device Iraqi bank Advanced.

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     millionday] this was sent to me and i have verified it

    [millionday] The Iraqi Central Bank, said that the World Bank praised the draft reform of the banking sector in Iraq. The Bank said in a statement that the Bank had received a letter from the World Bank commends the report issued by the international auditing company on the financial statements of the draft reform of the banking sector in Iraq. He added that the report was devoid of any observations or reservations and this report reflects the efforts made by the Iraqi Central Bank management

    [millionday] note — the monetary plan and banking reform details have been accepted

    [millionday] Najafi looking with the head of the central bank control mechanisms on the exchange rate and the development of the Bank’s work Search House Speaker Osama Najafi with the Governor of the Central Bank of Iraq and Abdul Basit Turki agency, control mechanisms on the exchange rate, and procedures against the violation banks.

The central bank has promised to take measures to raise and stabilize the dinar as it was in the past, but the rate of the dinar is still volatile in the Iraqi market to fall and rise

    [booboo] are they trying to stall again?

    [millionday] A statement by the Office of the President of the House of Representatives and received all of Iraq [where] a copy of the “Najafi search through a meeting in his office Governor of the Central Bank and the Agency for ways to reduce the damage caused by the previous bank policies and forwarded to the judiciary.”

He added that “Najafi expressed during the meeting to support the House of Representatives of the Central Bank and his administration the current in order to strengthen the cash balance and control of the exchange rate to serve the interests of the Iraqi citizen, stressing the importance of completing procedures develop the Bank’s work, especially in the field of electronic connectivity with banks and regulatory authorities such as customs and taxes

    [millionday] no not stalling — moving forward

    [millionday] The statement added that “the meeting dealt also discuss measures undertaken by the banking policies to remove the implications in the period after the lifting of U.S. protection of Iraqi funds in and out of the provisions of Chapter VII.”

He called on the President of the House of Representatives to “hold a meeting with the Committee of indebtedness which is chaired by Rose Nuri Shaways Deputy Prime Minister for Economic Affairs and the membership of the oil minister, Justice, Finance, Foreign Affairs and Chairman of the BSA, to study and discuss the mechanisms in place to address the issues of debt after the lifting of U.S. protection of Iraqi funds

    [millionday] note — looks like we have moving forward and progress

    [millionday] The Central Bank of Iraq, issued new instructions to stabilize the exchange rate of the Iraqi dinar against foreign currencies select the stakes weekly for banks and money transfer companies and trading firms currency from the dollar is estimated according to the capital of each of them, and will increase and reduce this share compared to the commitment of all of them deliver the amounts wants customers from citizens.

The central bank starts to put the dollar at an auction for the sale of foreign currency at subsidized prices and the lowest of the real exchange rate in the market to support the dinar

    [tiger_ag] so have they already studied mechanism and this is the discussion of said mechanism? or do we need to form committee to do this discussion?

    [millionday] so as we expected they are going to enter the rate fixed and the world bank has approved the completion of the reform and its content

    [Fresh] tiger_ag they’ve been studying for years IMO

    [tiger_ag] Fresh yes, but concerning to read that they need to meet and study some more…  will sit on hands now

    [millionday] the studying is over

    [faith1] Yea yea yea

    [millionday] this is the presentation of the reform in writing as it has been decided and will be implemented

    [millionday] no one sits on hands at roundtable — this is discussion time  we all put in and that is how we love it hun —   so what do we have from anyone else —   anyone have anything in ink today or that they would like to talk about i would like to talk about a lexus  lol

    [The s family] Seems like there is always more to be done?

    [Rudie] BMW for me!!

    [schmidtberger] Escalade…..

    [The s family] Bmw for me too!

    [mydinar100] I heard Obama has approved a currency tax recently. Do you know if there is any truth in this.

    [gpleas] Millionday on your opinion everyone says anytime but by reading this this could take a couple weeks or a month

    [millionday] smile

    [Rudie] The s family smile

    [bluedog2] I’m looking at an LR4

    [tiger_ag] The s family those are my sentiments today……thought i was just being a grump gus… lol

    [millionday] mydinar100 yes that is true and complete

    [Fresh] millionday millionday millionday news has been heating up ever since we last saw each other at midnight in chat lol

    [rollonjohn] millionday Do we know what their next step is?

    [The s family] tiger well your not grumpy alone! I’m with ya!

    [baggr42] It seems that they area the cusped of doing it. Is the Fed Council in the way because it is not seated

    [bluedog2] Can we discuss the currency tax? I’m not familiar with what Obama has put in place.

    [millionday] Fresh oh yes — it seems that they have had a huge meeting — love it

    [CaliDreamers] millionday We like the new Lincoln hybrid.lol

    [millionday] rollonjohn application

    [millionday] bluedog2 yes let me see if i can find it  brb

    [faith1] Does this say NOW to you,,, am I reading this correct NOW , Now , Now!! “The central bank has promised to take measures to raise and stabilize the dinar as it was in the past, but the rate of the dinar is still volatile in the Iraqi market to fall and rise.”

    [bluedog2] thanks.

    [dlherm] I’m looking at a bmw 5 series for my everyday driver but in a quandary about what suv to get!!

    [bluedog2] at least it’s not s**n faith1

    [topgun3182] Equus for me

    [CLA] Infiniti!!!

    [momface] millionday is the HCL done?

    [wheresmyRV?] Shelby GT 500 for me!

    [baggr42] Rocket ballz irons

    [millionday] faith1 that means that it will still need to be monitored to keep it from creating inflation ect as in all countries — they will be exposed to the outside world economic problems

    [Fresh] Love the car selections!!!

    [baggr42] It seems that they area the cusped of doing it. Is the Fed Council in the way because it is not seated

    [tiger_ag] theres a nice 68 firebird convertible with a 404 that i got an eye on….dont want both eyes on it yet…..

    [The s family] I saw where the cbi auditing was completed. Did you mention that already?

    [bluedog2] Is this going to be Iraq only, or is there a “basket” full of countries that will revalue?

    [faith1] fall and rise,,, so a managed float ,,, right?? !!

    [millionday] momface hello hun — they have 5 committees working on it and have reported that they are done with amendments and are happy with it — its on the table to be voted through — not an issue

    [wilbur48] Baghdad (AIN) –The parliament Speaker, Osama al-Nijaifi, discussed with the Acting Head of the Central Bank of Iraq, Abdul Basit Turki, the means of controlling the exchange rate and the actions against the violating banks. A statement by Nijaifi’s office received by AIN cited “Nijaifi and Turki discussed the means of reducing the effects of the banking

    [tiger_ag] faith1 i think 2% every month or so?

    [LBnFL] Pilatus for me http://www.pilatus-aircraft.com/

    [schmidtberger] tiger_ag ….nice choice on car.,..

    [tiger_ag] schmidtberger yeah, dont be asking me where it is… lol

    [momface] millionday ty

    [millionday] nice

    [faith1] tiger_ag,,,, i think every 90 days…

    [schmidtberger] tiger_ag …what color?

    [baggr42] It seems that they area the cusped of doing it. Is the Fed Council in the way because it is not seated

    [tiger_ag] schmidtberger i’m not sure maybe white or red or ….

    [millionday] The s family yes the auditing for cbi is done

    [schmidtberger] lol

PART 2 CONTINUED

7-17-13 Zawya Intel:   There has been a subtle shift in Western energy policy in the past few years, new technology has meant that previously unobtainable gas reserves locked deep underground in shale rock formations across Europe and the US are now available through a technique known as fracking. This has been a feature of US energy policy for years and has rapidly increased the use of natural gas as a major energy provider. Now Europe is jumping in on the act.
While fracking has proven to be less popular on the continent of Europe, for example an EU report recommends that it is banned due to environmental dangers and it is already banned in Bulgaria and France, other countries have more of an open mind.
On a recent trip to Ireland, which reportedly has large shale gas reserves but also has some of the most picturesque countryside in the world, fracking is a divisive subject. Ireland could definitely do with the financial benefit that an on-shore energy industry would provide, it would create plentiful, long term jobs and benefits to the wider community, and it could help Ireland’s balance of payments. Although Ireland has a current account surplus, nearly all of the money that is brought into the country through tourism is spent on importing energy from elsewhere. If it didn’t have to spend the money on importing energy then Ireland could have an even larger capital buffer. Financial security is a hot topic in Ireland, especially after the country needed to be bailed out by the European Union, the IMF and the European Central Bank in 2010.
However, some people in Ireland are worried about the environmental impact from fracking and also how much money the country would actually receive. A common criticism in the Irish media is that energy companies would cream all of the profits and ruin the local environment, while leaving very little for the Treasury.
Similar environmental concerns threaten to block shale gas extraction across the UK. Local councils have threatened to stage prolonged battles with the government to ensure that natural beauty spots are not damaged. The UK has in excess of 1. 3 trillion cubic feet of shale gas reserves, however, most of this is located in the countryside of Yorkshire and Lancashire, where there is fierce local opposition to fracking. However, if the government deems that fracking is in the national interest to help the UK become energy independent then it could force local councils to allow it to take place. Thus, shale gas extraction could be easier to get started in the UK compared to countries in the Eurozone, where political opposition is stronger.
The UK government is trying to reign in the UK’s enormous public debt, and a potential new lucrative industry that could boost tax revenue and make a welcome dent in the UK’s bills is, understandably, popular in parts of Westminster. The US, which has seen its oil and gas industry explode in recent years, has also seen a big recovery in its public finances. For example, the current account has recovered to its lowest level of deficit since 1999. This may improve further as the US is expected to increase its oil and gas output in the coming years, thus reducing its need for oil imports.
So what does this mean for the Middle East? The shale gas revolution still faces many hurdles, especially in Europe, however it is happening and if Ireland and the UK adopt these new energy technologies then it could gather pace.
Although the Middle East is still an important component of the global energy industry, it needs to keep abreast of developments elsewhere and make sure it doesn’t let its own plentiful energy reserves take its eye off the ball. The energy industry is changing, in future there could be much more energy available, which should naturally mean the price drops. This is both an opportunity and a challenge for traditional oil producers in the Middle East.

 

Baghdad (IraqiNews.com) The Economy and Investment Parliamentary Committee demanded the Central Bank of Iraq to maintain the price of the Iraqi dinar in exchange of foreign currencies.

The Secretary of the Committee, Mahma Khalil, told IraqiNews.com ”The CBI is obliged to preserve the price of the IQD in return of foreign currencies since the currency of the State represents its economic identity at the political arena.”

”The price of the IQD totally depends on the CBI policy whose task is to preserve the price of IQD which was built basically on the price of oil barrels,” he added.

“The Secretary of the Committee attributed the vacillation in IQD price to its association with the Iraqi political fluctuations and the security situation which holds off investment opportunities,” he concluded.

LINK

 

FROM FREEWAY BILL

PEOPLE, PEOPLE. PEOPLE ….. PLEASE READ THIS AND CALM DOWN….

I just got a call about Frank from Dinar Banker stating information on TNT.DINAR cc that just is not true.

Note:  If you were a broker and wanted to get as much dinar exchanged with you as possible, would it not be smart to basically eliminate as much as the competition as you could by spreading information that would have everyone looking away from banks that will be there to cash in, but the employees that answer the phone say no?

Disregard this garbage.  I have dealt with DInar Banker for years and Ty, but this is outright wrong to put the entire community in a panic for no reason…
….
Read More Link on Right

Sit back and relax folks, this is more misinformation except this is with an agenda that just does not sit right with me and it should not sit right with you…

Without putting out confidential details, I can tell you that what he is saying cannot be right and is not right…

Trust and get Ready for the Blessing…. wait and see…

GOD BLESS THE USA

Freeway Bill

****************

FROM DEBTARHEELGIRL

 Has DebTarheelGirl Ever Lead You Astray? The Storm Always Gets Worse Before it Gets Over – The Darkest Part of Night is Just Before Dawn – They That Sow in Tears Will Reap In JOY!!! 

 Trust This = All Banks Will Be Exchanging Foreign Currencies Once the Revaluation is Activated. Re-Read This so You Can KNOW THIS IN YOUR KNOWERS! 

With All This Hoopla Going On to Sow Mass Confusion to Everyone at This Stage of The Game, SURELY THIS IS A SIGN OUR SUDDENLY IS ABOUT TO SHOW UP! GLORY TO GOD! 

[Robertprofessor]  castle  friends, I just received a phone   call with a third exciting bank story. Ready to hear it?

Okay, the caller has been invested for years. Lives in a small town with a WF. Many there are invested and the banker does talk openly about the dinar. These people have been invested in this almost from the beginning. Many in the town hold dinar.

Well, the man was at the bank doing normal banking and the banker called him over and told him that he and all other WF bankers involved received an email today

“that the dinar  … will revalue tomorrow, Thursday.

This all sounds completely legit to me, and it aligns nicely with the two bank stories I heard this week. Monday, it was a bank story from Colorado Springs; yesterday, Denver; today, a state in the east. 

The caller said that the bank manager received this email today.
….

NOTE:  Any bank instructions or procedures discussed on ANY conference call will not be for the Wells Fargo Free Private Exchange.  These WF Instructions (and 800 #) will only be released at the time of the RV/CE and not given out to anyone before at all.

THIS IS TNT DINAR’S Call Notes for Wednesday July 17, 2013 and I apologize for anything missing.

Today we had FRANK from the Sterling Currency Group on the line for Q & A.  Be sure to listen to the replay, as I did not transcribe that conversation between Frank and the members.  Thank you.

Always keep in mind, that this is what I heard and transcribed.   It’s Tony’s info and opinion – based on what he’s received via sources in the Dinar community and the World.  

Feel free to always verify what you hear, and do your own due diligence.   

Thank you for being a part of TNT DINAR.

Have a great day!   :)   Montana
….
Read More link on Right

WEDNESDAY JULY 17, 2013

GOOD MORNING TNT
for some reason, you know ppl that can’t get on the call this morning,
tell them to go
to  front page of  www.TNTdinar.com website…. TNT RADIO…. INSTANT REPLAY!

been a busy day morning
ALL KIND OF GOOD NEWS
AS YOU ALL GUESSED
FRANK FROM STERLING
AT THE TOP OF THE HOUR
HE’LL BE HERE FOR 15 MIN. TO ANSWER YOUR QUESTIONS
TO ANSWER LIVE
IF YO DON’T
THEN I’LL ASK FOR YOU TO GET OUT OF THE QUE
AND THEN WE’LL COME BACK TO YOU
COUPLE THINGS I NEED TO TELL YOU
MOST IMPORTANTLY
WHEN I SAY I GET INFO FROM WASH
IT REALLY IS FROM DC
WHEN I SAY THEY ARE LISTENING TO OUR CALLS
THEY ARE LISTENING TO OUR CALLS
AND OTHER PPL’S CALLS

COUPLE DIFFERENT THINGS OUT THERE
TRYING TO BRING YOU GUYS
GOING TO THE QUE
ON THE RADIO
VERSUS THE PHONE
HTTP://
GOOD NEWS
EVERYONE IN IRAQ
THE CARDS ARE LOADED
CAN’T SAY EVERY SINGLE PERSON
THE MONEY IS THERE
THEY CAN’T GET TO IT
WAITING ON CONFIRMATION
BUT PHYSICALLY
HAVE THE LD’S 
AND CAN’T USE THEM
NO ONE KNOWS WHY THEY CAN’T USE THEM
CONTRACTORS
THAT ARE CONTRACTING W/ IRAQ
DOING BIZ W/ IRAQ
AND HAVE ACCESS TO THEIR CARDS
AND WHEN THEY SWIPE IT,
IT COMES OUT TO 3.44 FOR THEM
I THINK OUR RATE WILL BE DIFFERENT
EVERYONE LOOKED FOR THIS LAST NIGHT
THERE WAS A PROBLEM
WITH THE BANKING SYSTEM
NO
THE BANKING PROTOCOL
THE SYSTEM IS WORKING AND READY TO GO

SOME OF YOU WILL LIKE WHAT I’M ABOUT TO SAY
AND SOME WILL NOT
SOMEONE TRIED TO PASS THE WORD TO ME
I DO TALK TO PPL INVOLVED
THERE IS A GROUP OF PPL OUT THERE
THAT THINK I’M GIVING OUT BAD INFO
ON HOW THE GROUPS ARE BEING PAID OUT
OK, CARDS LOADED
CAN’T USE THEM
CAN’T TAKE PIC
SIGNS IN TELLER WINDOWS
HIS MERCHANT KNOWS OF NO LD’S YET
KEEP CHECKING
AT THE BANK
LIKE YESTERDAY
STILL EXPECTING
NO HOLD UP
SAME SCHEDULE
SOMETHING ELSE FROM THE OTHER SIDE
THERE ARE PIECES OF THE PUZZLE
THAT EACH SECTION HAS
TO MAKE OUR PUZZLE DIFFERENT

ALL THE CARDS ARE LOADED 
ONE GUY SAYS HE HAS SEEN THE LD/S
AND THE OTHER GUY SAYS NO
2 DIFF. REGIONS
OR 2 DIFF. PARTS OF TOWN
YOU WANT TO KNOW WHATS HOLDING IT UP
THERE WERE CORRECTIONS
TO BE DONE
IN THE WAY THE BANK WAS GOING TO TREAT YOU
GUIDELINES PUT DOWN
AND PPL INSTRUCTED
THE INFO THAT WAS BEING PUT OUT
WAS NOT THE WAY IT WAS SUPPOSED TO BE
AND 2-3 DAYS AGO
THEY PUT THE CHANGES THRU
YOU MAY NOT LIKE IT
BUT THEY MADE SURE THAT YOU WOULD TREAT YOU RIGHT
WHEN YOU CASH OUT
THEY FOUND OUT ABOUT THINGS
AND THEY SAID THAT’S NOT 
THEY ARE GOING TO DO IT THE RIGHT WAY

CERTAIN PPL GOT GREEDY
AND OVER CHARGED YOU TO DO THIS
AND THAT’S FROM THE BANK SIDE ITSELF
I WILL TELL YOU THIS
THEY SAID TODAY
THAT THEY DIDN’T KNOW IT
UNTIL THEY HEARD IT ON THE CALLS RIGHT HERE
AND THEY SAID
OH NOW
THEY HEARD IT AND SAID
WE’RE GONNA TAKE CARE OF IT
SO THEY LEVELED OUT THE PLAYING FIELD 
NOT EVERYONE ON EVERY LEVEL
IS NOT GOING TO LET YOU OUT THE BANK W/ THAT MONEY
EVERYONE IS GETTING PAID OFF THAT MONEY
THEY’RE GETTING PAID RIGHT NOW

AS FAR AS EVERYTHING ELSE
TALKED TO BANK PPL
AND THOSE THAT WERE IN TRAINING
AND THE 888 #
AND THEY ARE THE ONES THAT ARE GIVING ME THE PROCEDURES
TO MAKE IT FAIR FOR YOU
I KNOW YOU ARE BEING TOLD SOMETHING ELSE OUT THERE
AND JUST TRYING TO BRING YOU THE REAL DEAL
SO THE BANK SIDE
THE GROUPS
THE SMALL AND THE LARGE
I’M PASSING IT ON TO YOU
AND IN THE NEXT HOUR
I’LL BRING YOU THE EXCHANGE SIDE
SO YOU CAN MAKE UP YOUR MINDS AS TO WHAT YOU ARE GOING TO DO
THEY ARE EXPECTING THIS AT ANY MOMENT
THE CHANGES HAVE BEEN MADE

AND WE’RE JUST WAITING
JUST WAITING
WHAT WE ARE WAITING FOR
I DON’T KNOW
DID THEY GIVE US A TIME
YES
BUT I’M NOT GIVING IT TO YOU
DON’T WANT YOU PANICKING
THE DELAY WAS TO HELP YOU GUYS
AND PUT OUT A FAIR AND LEVEL PLAYING FIELD
IS HOW IT WAS EXPLAINED

ON THE BOARD I SAW THAT SOMEONE WANTS ME TO TALK ABOUT THE REPUBLIC
I KNOW A LOT OF PPL
AND I DON’T KNOW PERSONALLY
FROM WASHINGTON TO NY
THAT EXPECTS OUR GOV. TO BE OVERTHROWN DURING OUR LIFETIME
ALL THIS NEW REPUBLIC
AND THE PRES. AND VP TO WALK OUT OF THEIR DESKS
WHOSE GOING TO PICK A NEW GOV. OVER NIGHT
LOOK AT EGYPT
DON’T THINK THAT WILL HAPPEN HERE?
WITHOUT EVEN SAYING ANYTHING TO US
AND WAKE UP TOMORROW W/ A NEW GOV. ??
NOW

TREASURY NOTES
EVERY RUMOR
EVERY THEORY
I KNOW THIS IS HAPPENING RIGHT NOW
I TALKED TO THE GUY
WE HAVE TO FIGURE OUT WHICH IS TRUE, OR FANTASY OR OUT OF CONTROL 
WE HAD TO FIND OUT ABOUT THE TREASURY NOTES
WE KEPT HEARING ABOUT IT
I TALKED TO SOME PPL
AND FOUND OUT THIS
WHEN YOU GO TO THE BANK
THIS RV
IS BACKED BY THE TREASURY
OUR OTHER MONEY IS BACKED BY THE FED. RES.
THEY ARE GOING TO DO A NOTE
JUST LIKE THEY DO A MORTGAGE ON YOUR HOUSE
YOU WILL NOT GET TREASURY DOLLARS
ALL THE MONEY WILL STILL BE FED. DOLLARS
THEY ARE TALKING ABOUT A NOTE
FOR SECURITY
AND BACKED BY THE UST
IN THIS SITUATION
AND THEY WILL TRACK IT
THEY WILL TRACK EVERY SINGLE DOLLAR
TELLING YOU RIGHT NOW
NO DIFF. THAN WHAT THEY ARE DOING IN IRAQ
FINGERPRINT AND IRIS
WE’RE GOING TO THE SAME SYSTEM
TO KNOW HOW MUCH IS IN USE
AND HOW MUCH WILL BE IN USE
THE TREASURY…
WELL YOU’LL SEE
THEY WILL HAVE YOU SIGN TREASURY NOTES
YOU WILL NOT GET TREASURY DOLLARS AT ALL
SO HOPEFULLY WE CAN PUT AN END TO THE CONFUSION

LOTS OF PPL CONFUSED ABOUT WHAT  A TREASURY NOTE IS
WE WILL HAVE NEW TREASURY DOLLARS COME OUT 
IN NOV. DEC. JAN.
BUT WON’T START TILL NOV.
AND IT WILL BE A 2 YEARS PROCESS
LIKE IRAQ
AND FOR 2 YEARS BOTH NOTES WILL CARRY THE SAME VALUE
I’M GETTING THIS FROM THE TREASURY
AND THEY TOLD ME TO PASS IT OUT
THAT’S WHO I GOT IT FROM
LOTS OF PPL LAUGHING AT OTHER PPL
SO DON’T WORRY

THIS IS WHAT THEY DID SAY
THEY SAID 
PUT YOUR DONG
AND DINAR
IN SEPARATE ACCTS
ONE IS NOT GOING TO BE TAXED
AND THEY ARE TRYING TO WRITE A LAW BY THE END FO THE YEAR
FOR THAT REASON ONLY
NO CO MINGLING

GROUP LEVELS
TALKED TO MOST OF THOSE PPL
AND CLEAR SOMETHING UP

THAT…. DEB TAR HEEL SENT ME SOMETHING
PAM: CASH IN PROCEDURES ARE DIFFERENT FOR THE MAJORITY, VERSUS WF GROUP

TONY:   DIFF. CASH IN PROCEDURES FOR THE WF GROUP THAN THE PPL OFF THE STREET
PAM;  OR AT OTHER BANKS


TONY;  DIFF. AT CHASE, BOFA,  AND I DON’T HAVE ANY GROUP ANYWHERE,  SO WHOEVER PUT THAT OUT,  THEY ARE ABSOLUTELY WRONG,  I GAVE YOU THE INFO, BECAUSE I THOUGHT YOU SHOULD KNOW, SO YOU WOULDN’T BE BLINDSIDED, SO THAT YOU’D KNOW NOT EVERYONE IS GETTING THE SAME RATE,  AND THEY ARE GETTING PAID TO GIVE YOU SOMETHING, YOU SHOULD STILL TRY TO GET THE HIGHEST RATE…. 
PAM:  GO BACK AND READ IT AGAIN

TONY;  AND ANYONE OVER…. 5 M,  WILL BE ELIGIBLE FOR THE HIGHEST RATE.. I’LL GO BACK AND CHECK,  FORGET THAT INFO,  I’LL DO IT ON ANOTHER CALL.

BEFORE WE START Q & A
I HEARD THAT THE IQD IN THE GROUP WILL BE TAXED
BECAUSE OF THE GROUP RELATIONSHIP
IT DOESN’T MEAN THAT WE WON’T BE
LOOK AT THE PRO’S AND CONS
AND WHAT WORKS OUT BEST FOR YOU
SO FAR FOR THE GROUP
11% TAX AND END POINTS, AND YOU’LL STILL GET DOUBLE DIGITS
AND NON GROUP
NO TAX AT THIS MOMENT
BUT BY THE END OF THE YEAR,  1-2%
WE’LL SEE
JUST PASSING IT ALONG
I’M NOT THE AUTHORITY
THATS IT
WILL TAKE A FEW ?S
AND THEN CALL FRANK

Q & A


858
c- rough to go a day w/ out you
t- wasn’t going to do it,  but Montana said to do it right now
t- lol
c- we’re that close
c- before chapter 7,  1 to 1 with the USD,
t- according to our gov. they’ve been trading the IQD since last Thursday
t- the fact that on Monday, they went electronic, for 2 hours, they met their qualifications, they are not the hold up,  everything I’m hearing now, they’re actually pushing this, by doing what they are doing…, theyr’e ready, and for the reasons I told you guys, what the cash out procedure was not what they wanted it to be,  somebody was taking advantage of somebody and thats been corrected as of this morning
and if you watched CNBC and the guy said ‘dont’ want to hold you up, you have a meeting w/ the president’
that meeting took place this morning in the Oval Office, it was about what we are talking about.
c- what did they say in the meeting
t- lol
c- could be the last call
c- what is the rate you are hearing
t- this morning, still 6 something for the IQD AND .58 CENTS FOR THE VND
t- it was 6.94 yesterday and 6.64 today
t- lots of ppl like you on the boards, keep up the good work

503
c- you said something about 5m eligible for the higher rate, and a small group w/ 300M to negotiate, but if the 5m, sounds like …
t- i don’t have the directions,  as of this morning, it comes from diff. banks,  and one bank says 5m, and another said 10M and this is what they were trained on, and I don’t know what happened this morning,  but overall, they didn’t like what they were hearing about the pay out procedures….
c- so take it or walk
t- didn’t like that, or that the banks are already getting paid and now you are getting greedy
c- the idea of it going up…. 14, 15, if it is – seems like a couple weeks into it, the bank rates would have to be higher, or know how high they can go…
t- absolutely, but they set their own limits on who they will be doing that for, one bank said they, and told their ppl, they can’t compete w/ WF but will give them other things, and not everyone will like it when they go in there, fee’s taxes, etc.. I can’t explain it all to you on the call– for some it will work for you— for others cash out w/ Sterling will work — but know that with all of them, you give up something…
c- ? for Frank
t- mods in chat, and want him to take ?s too, live…
c- the ? is that he said he’d be competitive with the bank, but they will factor in the Oil Credit, but what can he do for a group, that has 300M or will it be the rate at the time and place sell orders, or can we do a large group and get a better rate….
t- ok
t- we’ll ask him that


252
c- James….
t- did you change your name to get on…
c- now PegLegCowboy
c- anyone over 5M and I walk in w/ 10M and better, can I negotiate for double digits
t- sure anyone can
c- fi you have that many dinar, they’d be happy to give double digits
t- let me tell you something that happened on Monday, there was a bank, that invited ppl to the bank at 7pm, 8pm, to have an RV party, they invited the customers in, because they all had dinar,  and told them they would give them the basic rate,  3.44 — and you’ll be happy because you’ll be millionaires… and they said well we think it will be better, and they said that’s the rate will give you
now why?
because they’ll be getting a percentage already
I don’t know what came out of that, it hasn’t trickled down yet…
Don’t know what kind of changes took place, but we’ll find out
c- if I have 100K in the bank, and in Oct. comes – the notes are the same,  take a shave?,
t- what does that have to do w/ anything
c-trying to drum up biz. to be a part of a group, 
t- everyone has their own theories on how its going to happen, but the note thing, and they weren’t understanding what it was about, and now that I got it from the treasury – its even more convoluted than before, the word treasury note is what through everyone off,  sign a note, saying that this money is backed by the UST
c- last ?
c- NIB, how in the world, if we go in w/ 60M or more, the bank insures… cash out that much… private banker set it up…
t- don’t know, they’re saying its the safest place to  put your money, 

c- 250K
t- no, thats the interest bearing acct.
c- when I went to WF…. and have Chase and BofA, but telling me know, that its 50K,  so asked where I can buy insurance to insure the 60M
t- when you get your money, you’ll see that you can buy insurance thru Lloyds of London,  and when you go  to Abbott Downing, they only handle 50M and above, there will be other options there
c- they won’t let you walk away
t- there will be so much money going around for the next few years, dont’ worry about it getting lost, they are basel 3,  the only thing is if the dollar loses value…banks will be stronger than ever, until our economy changes
c- love your site, and no one but you..
t- team of ppl
c-hello CG 59


*************************************
is it time for Frank…….yes… we are at approximately 50-55 min. into the call – so you can que the replay up to this point to hear Frank & he spoke for approx. 30 min.

*********************************************
FRANK FROM STERLING CURRENCY IS ON NOW
I DID NOT TRANSCRIBE FRANKS INFORMATION
YOU WILL HAVE TO LISTEN TO THIS PART OF THE CALL
BECAUSE I WANT TO BE SURE THAT YOU HEAR THIS STRAIGHT FROM THE HORSES MOUTH
THIS IS YOUR EXCHANGE AND YOU NEED TO KNOW WITHOUT A DOUBT WHAT HE SAID.
FOR ACCURACY PURPOSES, I HAVE NOT TRANSCRIBED THIS SECTION OF TODAYS CALL.
*********************************************

Back to regular Q & A

*******************************
Ok,  Frank just left
Tony resumed with the ppl in the Que


425
c-on expiration dates, if it RV’s on the day of expiration.. will he extend it or….why would he have a need to , 
t- I think its on the site, but call the 888 number and ask
next


425
c- I get to go with another ?
t- lol
t- no
next
832
c- have you heard about Capitol one, heard about Chase and WF
t- no
t- but think they are going to cash ppl out
c- they currently still sell the dong
t- yeah they’re selling


423
c- w/ the new info from the UST, did they say anything about the biz. of banks rescinding your deal, because you traded some currency – before you did the main exchange – it sounds illegal,  how can you break a contract before you entered the contract
t- ( tony repeated the ? )
c- yeah, if you cashed out, and then went w/ a group, but you exchanged outside of the group
t- post rv, right?
c- yes
t- they will only let you cash out at the GROUP RATE one time
t- you can cash out as many times as you want
t- if you went to the bank and didn’t use the group rate, you can do that many times, but once you call the 888 # you can only use that group rate one time

next
c- when I heard Frank couldn’t believe the banks would give a higher rate
c- but I thought a while back, that you’d go w/ a currency dealer, locking the rate and re locking the rate, but lately all we’ve heard about is going to a bank and negotiating a higher rate, and then heard you say you were going w/ a group, so does that mean you’re going to a bank
t- there are options, if you can’t negotiate and don’t feel like you can do that on your own, then you always have the option of going thru a currency dealer and he put this out there, and if you don’t know how great this is, put in a sell order and do it again and again, and you just have to wait, no negotiating,  do one and wait 10 days and do a new one… you can’t beat that
c- but when you go to the bank and ask for a higher rate/ will it be higher than it will ever reach on the street
t- don’t know there is a cap
c- so if you go w/ your group and they give you $11, can we get that from dealers
t- its a possibility, they know where it has to go, maybe 11 is the ceiling,  but the min. it goes back down to 10, then… no one will get that rate again
c- will it be in a 30 day period
t- I think so
t- just one mans opinion, my opinion


next
863
c- under the impression that the RV had a delay because of the way the banks were going to treat us, in the US
t- that’s what I was told
c- hard to believe that the US at this point, tax law, could stop the RV if its a global event
t- my understanding, is that the US are not the ones that stopped it
c- ok
c- 10K in cash if requested – Frank, after we do our sell order
t- absolutely, but put it in the remarks
t- so he can prepare for it
t- be specific in what you want to do,  ie. cash out $10K and $3M physically, 
c- ty
next
anonymous
c-
t- echo
c- appreciate you, no questions
c- yes I do 
c- how long till the Vegas event
t- 30 days – Montana is working on that, Pam, know how close we are,  starting on a Tuesday
they do have someone that will hold 5K, but we have 7K signed up
and pretty sure that 7K won’t come, after this happens, trying to get down to the real numbers, and the city of Vegas has been contacted, to let them know we are coming, events at the time,  meeting instructions, mornings,  and entertainment at night, grand finale,  trying to figure it out,  not like we had 3 years to do it
c- you have a wonderful following, love the site and the gals that did it
c- mentioned before, that there will be ppl to talk to relating to trusts
t- lots of ppl that will want to talk to you, and work it out, Vegas annuity guy has to do his thing, and the Trust guy and the Forex guy, so you can mingle in and out, and have time to know each other, since you’ve been talking for years, and have a good time
c- ty
t-ty


530
c- in N. Calif.
c- if Frank can go to a smaller airport, smaller airlines?
t- at least 2 major airlines
t- what he’s looking for… call the 888 #
c- San Jose
t- call the 888 #


843
c- this is for Frank,  need to call and make sure they’ll take dinar from DT
c- did a back and forth last year, but when it came to the point where I sent my documentation from Dinar Trade, sent in my order receipt…. it was a hassle and took 10 days, and said the receipt is good,  and I’m thinking to myself, if this isn’t the RV and it took this long, whats it going to be like, ( after rv )  and do they take DT ?
t- this is what I think will happen and because you mailed it in, but most will be done face to face and the decision will be made on the spot, my personal opinion, no one is putting my dinar in a fed ex box once it happens… maybe some trusting ppl out there… but….
c- if we dont’ have the receipt, and xyz dinar and then its only xy dinars..
t- he’ll make the check out for that much, so its up to him to say Nope, because I don’t know where it came from… logically speaking, it all looks the same to me


936
c-how are you?
t- SUPERFANTASTIC
c- that’s what i want to hear
c- some are taxed
t- Dong not, and Dinar 1-2% by the end of the year, unless w/ a group and they’ll do something different
c- for every million dinar, $150 per transaction
t- don’t know, I think it is,  call the 888 #
OK GUYS
2 HOURS AND 20 MIN.
BEEN ON A LOT LONGER THAN THAT
HOPEFULLY WE CAN ENJOY OUR DAY
USUALLY I DO AFTER THE CALL


one more
623
c- was chomping at the bit, as to why the banks would pay your more and take a loss, and boy wanted to give my answer,  I believe … the changes we see are so massive and the banks are not going to allow themselves to pass up the opportunity to bring in this, when what they need is … basel 3 made them go from a 3% reserve to a 5% reserve, and a new customer w/ a lot of money would give them the loss leader attitude, and take the currency dealers out of the equation, and make money off you in the long run,  its a once in a lifetime opportunity to bring you into the fold
t- I agree, and they’re getting paid by the Gov. to do this, so they’re making money on both ends and they’ll hold your money anyway
and I’ll tell you what else I like, and Frank was honest enough to say go for it, and I’ll do it with you, and I’m doing my biz. and my thing, …
c- one other caveat
c- not to get lost, on those that are listening, when you go to cash out your reserve and pay off what you owe, or wire your funds,  you need to take into consideration, if they give you $3..50 and the bank is offering above that,  you are leaving money on the table.. you need to look at that, before you pull the trigger
t- you have to make an appt. w/ the bank, and you don’t know when its going to be, but you could do a sell order and have it wired the next day and the safety net, which do you do, and the availability,  the banks are only using certain branches, and funneling ppl too, and your appt. could be weeks out, 
c- yeah, but you said yourself, the banks will be accommodating and the finite ability to raise the $ they need to, they’d stay open 24 hours a day to get it
t- not 24 hours, but 7 – 11 and we know they’re going to do
t- he didn’t know it, but we do, and I know ppl right now and the bank is going to offer double digits, and they said if its a $1 I’m cashing out , don’t care
c- and cash in one time at the high rate, and regulate it, and follow it closely, can’t say it won’t be true, but last time I checked you could cash in currency all over the world and not track it, and many of us have dong, can cash that in to pay off the reserves, but I’ll be at diff. banks, and spread the risk around
t- again, you can only cash out at the group rate, only one time, you can cash out a one bank, and the gov. isn’t restricting you, one group is restricting you
c- what is a Casino if not a bank,  and they deal w/ currency’s all the time, caveat to think about
t- ok, ty


OK GUYS LETS CALL IT A DAY
STILL EXPECTING IT
THE RATE IS STILL GOOD
EVERYONE SAYS ITS ON THE MOVE
THOUGHT WE’D SEE IT LAST NIGHT
MEETING THIS MORNING
NEWS IN IRAQ, W/ LD’S NOW OUT
CAN’T SEE IT DRAGGING OUT
ENJOY THE REST OF YOUR DAY
AND I’LL ENJOY MINE
HOPEFULLY WE’LL TALK LATER TODAY


conference recording stopped
***********************************




    med says(11:29 AM):    ON THE DINAR SIDE    I SEE THEY ARE GETTING KUDO’S

    tudor says(11:30 AM):    yes

    med says(11:30 AM):    FOR CHANGES   IN THE BANKING SYSTEM    AND SELLING RECORD AMOUNTS OF DINAR

    tudor says(11:30 AM):    nice huh

    med says(11:30 AM):    BUT    AND YES THAT IS ALL WELL AND GOOD    BUT I WANT TO SEE THE MOVEMENT    THEY PROMISED

    tudor says(11:30 AM):    me too    so far nothing

    med says(11:30 AM):   NOPE

Read More Link On Right

     tudor says(11:31 AM):    did you see harrys two posts that Barzani, Maliki and parliment got a one year extention

    med says(11:31 AM):    YES    I DID    I AM IN AWE

    tudor says(11:32 AM):  whats your take on that

    med says(11:32 AM):   NOT BARZANI    BUT WITH ALL THE PROBLEMS    WHO GAVE HIM THE EXT.

    tudor says(11:32 AM):    his parliament I think

    med says(11:32 AM):    HOW    IN A DEMOCRACY    JUST HOW CAN YOU CIRCUMVENT    THE CONSTITUTION

    tudor says(11:33 AM):   its Iraq lol

    med says(11:33 AM):    IT IS IRAQ    YES    HE WASTED    6 PLUS YEARS    AND BILLIONS

    tudor says(11:33 AM):    maybe it is false info and will be retracted

    med says(11:33 AM):    I CAN ONLY WISH

    tudor says(11:33 AM):    me too    we have had lots of positive articles of late for this getting the go ahead

    med says(11:34 AM):    I TOTALLY AGREE    I JUST WANT    SHOW ME THE MONEY

    tudor says(11:34 AM):    hahahaha YES!!