This is ONLY a gamble, not an investment. Right?

From Tony's call today:

DC:  All of us are going to do so well on the revaluation, and we can make a lot more money doing something else, given the profit margins on books.  

Tony:  The coins are out, the RV is in process, they are being publically challenged as to why this is not out yet…?

DC: They did exchange quite a few people from Friday evening to last night.  We’ve been asked not to say how many.  It was a mix of contract and international rates. 

Tony:  On Friday, we were told the cutoff was Tuesday.  It was only scheduled to have payouts for those four days – that’s what we were told. 

DC:  It was mainly people who expected to exchange last January but who didn’t want SKRs and told them to call when they could exchange for cash.  There were VIPs and connected high-flyers, and also some random people to test the systems. 

DC:  I got on chat last night and explained something I want to explain again.  It was live last night at $3.58 for dinar, and I hope/expect the rate will stay there.  It is live at certain locations, and some have exchanged at that rate.  More and more folks are being brought into the loop, mainly wealth managers. They were paying out yesterday, so what’s happening next? One part of that has been the last four days, to get the crowd numbers down and the high rollers out of the way. 

Tony:  We’ve always joked that by the time we get paid, all the cars will be gone!  It is what is.  I can’t get made because they had to start somewhere, it’s just not with you and me.  They are exchanging at different rates, and those who have exchanged now won’t get the chance to wait for the higher international rates.  The contract rates have NDAs, contracts and higher taxes, so it’s a balancing act.  

Tony:  Let me be clear that I wish we had been paid months ago. Thousands got paid out in the last four days, in three of the top five banks – how can they pay them out and not us, when we are helping everyone as best we can?!  That’s not a question we can answer. 

Tony:  Yes, and from the things we’ve been seeing, we don’t think the banks would have exchanged people over the weekend unless this was ready to go. 

DC:  Depends.  There is a release in process as we speak – since Friday evening.  The real question is “When does the internet group get to exchange?” 

Tony:    But now we are seeing people in the banks, people are being exchanged, and even some of the reluctant banks are starting to take part. 

Tony:  It’s a live rate, it’s just not to the teller level, at which point anyone can walk in off the street and exchange the currencies.




Sooooooo.....   tell me again that it's just a gamble?  Do the comments from today's call seem like this is a gamble or a sure fire investment that I need to jump into before the chance fades away?

But there I go..... whining again.

ssmith:

Gamble?  Nope

Sure fire investment?  Nope 

 Scam?  Yep      [Just barking it like it is!] More time passes, sure looks like it is!

Just did a quick and dirty check, CBI exchange rate 1166/USD. Sterling Currency Group selling dinar at 1050/million. There can only be one conclusion --- LIAR!!!!!!

Kevin, you know they must think all the sheep have no brains. When all you have to do is go to his place of employment and see that they are still selling at 1050 per million and would know it is all crap! It is a shame, we must keep helping show the circle that he and sterling have. Maybe we can help a few more people.

hehehe ...that's why I went to Sterling :winky winky:

Billyg wrote:Kevin, you know they must think all the sheep have no brains. When all you have to do is go to his place of employment and see that they are still selling at 1050 per million and would know it is all crap! It is a shame, we must keep helping show the circle that he and sterling have. Maybe we can help a few more people.

On one of his recent videos, TNTBS has a breakdown of the obscene profit margin sellers make on the so called "lower denoms" - $50's, $100's, etc.  Don't you know the sales of them go through the roof whenever "lower denominations" are mentioned on the calls.  The sheep aren't smart enough to realize that in an RV in the $3.00 range (what they are told it will RV to), would mean lower denominations in the range of $1, $5, etc., would be needed to make change.