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my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas

[size=15]clarkfan1979[/size]

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my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]on:[/b] December 27, 2017, 08:09:47 AM »
My brother reconnected with a female friend from grade school about 9 months ago and they are going to get married in May 2018. She is a nice girl with a good heart. However, she is really excited about the Iraqi Dinar RV (re-evaluation) that is going to happen within the next 3-6 months (according to her). 

She pretty much brain washed my brother into buying into this idea. My brother has a 4 year degree in Business Entrepreneurship. He is all about the high risk and high reward type of thing. He tried and failed a few MLM businesses over the last 5-10 years. She graduated high school. They are both 36. 

However, this type of business scheme is a little bit of a stretch for my brother, but not entirely uncommon. 

My brother bought me Iraqi Dinar for my birthday last June and for Christmas. He also bought it for my wife and 1 year old son. We have about 400,000 of Iraqi Dinar, which I think is about 325 US dollars. He is giving me a hard sell to buy some for myself or I could miss out on some big profits of 100 to 1, when it re-evaluates. 
 
The best article I could find out about it is below. 

https://www.forbes.com/sites/jayadkisson/2012/07/30/you-cant-fix-stupid-the-iraqi-dinar-scam-lives/#3f398ae3150b

1) Any chance that I could politely tell my brother to stop buying me this crap?

2) Any chance that I could politely tell my brother to stop buying it for himself? 

3) How do the sellers make money? Do they just give the buyer a poor exchange rate?

4) What is the best way to convert my Iraqi Dinar back into US currency? 

Thank you.
« [i]Last Edit: December 27, 2017, 01:35:31 PM by clarkfan1979[/i] »

Rocketman

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Re: my brother bought me Iraqi Dinar for my Birthday and Christmas
« [b]Reply #1 on:[/b] December 27, 2017, 12:32:17 PM »
Good luck getting him to change his mind...

As for converting them to US dollars, ask your bank/credit union. There is usually one bank in the area that specializes in currency. In my area (Salt Lake City) it is Zion’s Bank. Call first. 

Good Luck

Miss Piggy

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Re: my brother bought me Iraqi Dinar for my Birthday and Christmas
« [b]Reply #2 on:[/b] December 27, 2017, 01:11:14 PM »
Did anybody else click this thread thinking the Iraqi Dinar might be some kind of cool foreign kitchen gadget or something else to get excited about?

That not being the case, here's my thinking, for what it's worth (which should be very little, since, as admitted above, I have zero familiarity with the topic): If there's even a small chance of the "100 to 1" valuation, why not hold onto the stuff for now, just for fun? 

As for your questions:

1) Good luck with that. Forbes is well-known and as far as I know has a good reputation; could you send him that article?

2) See (1) above.

3 & 4) No effing clue. 

marty998

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Re: my brother bought me Iraqi Dinar for my Birthday and Christmas
« [b]Reply #3 on:[/b] December 27, 2017, 01:22:33 PM »
So when the Iraqis lop off a couple of zeroes off the currency, you'll basically be left with monopoly money.

The old banknotes obviously cease to be legal tender, with new ones issued in replacement.

People are still falling for Zimbabwe money scams. Looks like the scammers are expanding their repertoire...

clarkfan1979

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Re: my brother bought me Iraqi Dinar for my Birthday and Christmas
« [b]Reply #4 on:[/b] December 27, 2017, 01:37:20 PM »
Quote from: Miss Piggy on December 27, 2017, 01:11:14 PM

Did anybody else click this thread thinking the Iraqi Dinar might be some kind of cool foreign kitchen gadget or something else to get excited about?

That not being the case, here's my thinking, for what it's worth (which should be very little, since, as admitted above, I have zero familiarity with the topic): If there's even a small chance of the "100 to 1" valuation, why not hold onto the stuff for now, just for fun? 

As for your questions:

1) Good luck with that. Forbes is well-known and as far as I know has a good reputation; could you send him that article?

2) See (1) above.

3 & 4) No effing clue. 

I modified the topic. Thank you for the suggestion.

Sibley

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #5 on:[/b] December 27, 2017, 01:59:24 PM »
On a side note, don't lend them money, and don't let them know how much you have. Just in case.

Bicycle_B

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #6 on:[/b] December 27, 2017, 02:07:08 PM »
Oh, the glorious Christmas gift of ENTERTAINMENT!   ClarkFan1979, so sorry you had to be the conduit for this pile of chuckles.  At least he is giving to you, not (so far) trying to get you to buy his wares, as so often happens in MLMs.  In my own mind, I will classify him as Kindhearted Bro until further notice.

Re your questions:
1. Of course you can tell him, but why rain on his parade?  He is not going to learn from you, only from experience, if at all.  He will, however, feel the love or disdain in your response.  Tell him you admire his bold spirit, and ask him if he's going to take you to Acapulco or Dubai when his dinars revalue.

2. See 1.  

3. I was wondering that myself.  I can only assume they sell above the exchange rate, or sell counterfeits, or sell the old notes that have been replaced by new ones when the Iraqi government lopped three zeroes off a few years ago (I read that Forbes article).  Best guess: selling the valueless old notes at the price of the new notes.  Great margins, plus they can appear to be giving zero markup.

4. Exchange it for Bitcoin!  Bwahaha, my whole response was just to make this one brief joke.  

Quiet times here, hope this offered a shred of amusement.  In all seriousness, I once had a friend whose financial schemes ranged from wild failure to just being broke on a regular basis.  The choice was to enjoy to his merry ways at the price of observing his failures, or block him off and wonder what was happening.  I chose to enjoy his merry ways.  Even more so, a relative is someone you don't want to block off unless staying connected is actively harmful.  Good luck getting rid of the bills or coins.  And having lost a relative or two in recent year, treasure your brother for who he is, even if it's not (fortunately!!) who you are.   Cheers.

nexus

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Re: my brother bought me Iraqi Dinar for my Birthday and Christmas
« [b]Reply #7 on:[/b] December 27, 2017, 02:47:28 PM »
Quote from: Miss Piggy on December 27, 2017, 01:11:14 PM

Did anybody else click this thread thinking the Iraqi Dinar might be some kind of cool foreign kitchen gadget or something else to get excited about?

Yes, huge disappointment. :p

+1 to exchange for Bitcoin.
+1 for being supportive to Kindhearted Bro, who sincerely thinks this will lead to mega riches and wants to share that prospect with you.

Answers to 1 & 2)
Explain that although you support him, you're a much more conservative investor and would prefer index funds instead... or traditional gifts such as clothes, gift cards, gadgets (even if you don't like them/need them it would still be preferable to his MLM stuff).

Car Jack

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #8 on:[/b] December 27, 2017, 04:16:39 PM »
How does everyone NOT know this scam.  This is older than the Nigerian prince scam.  Go convert all that junk into real money.  Tell your brother that's what you did and if he gives you any more, you'll do it again.  Your brother should sell Amway.  Way better chance of making money than with this scam.

driftwood

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #9 on:[/b] December 28, 2017, 02:48:45 AM »
I had some left over from Iraq deployments and eventually sold it all on Ebay. 

Ask your brother this... how can he explain the 100 to 1 value increase?  So you're saying an Iraqi could take his dinar and suddenly be 100x richer if he changes it to dollars (after the valuation)?  We're about to be flooded with Iraqi millionaires then. 

Secondly, if it was a real 'investment', then real rich folks would be buying every single dinar they could get their hands on.

MrThatsDifferent

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #10 on:[/b] December 28, 2017, 06:30:38 AM »
If your brother is anything like mine, tell him this is the best idea he’s ever had and you wished you thought of it. Tell him you support him 100% and you’d invest everything you have except you can’t but that he should right away. Cause if your brother is anything like mine, he’ll do the opposite of whatever you tell him and reject all of your advice.

2Birds1Stone

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #11 on:[/b] December 28, 2017, 07:19:07 AM »
This scam has been going on for almost a decade. 

I have met quite a few people over the years who have tried to get me to "buy in". 

Good luck.

Retire-Canada

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #12 on:[/b] December 28, 2017, 08:32:11 AM »
Say thank you for the gift. Turn it into USD and invest it. Leave the issue alone. You are not going to solve your brother's problem.

EngineeringFI

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #13 on:[/b] December 28, 2017, 01:29:25 PM »
It's ironic that this is getting posted today. I was listening to NPR this morning and they had a segment on the Iraqi government's estimate on the cost to rebuild the destruction caused by ISIS. Unfortunately, no one is willing to help them finance the reconstruction effort and I imagine the Iraqi dinar will take a bigger hit when the government starts printing more money to rebuild. 

Zimbabwe Dollars though...those have value. I keep a few of those notes around around my MegaCorp office just in case we have a bad quarter in terms of revenue. For some reason my bosses don't seem to derive much comfort from the fact that if we're behind I can give them 10 BILLION DOLLARS!!!1!

Drole

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #14 on:[/b] December 28, 2017, 01:47:20 PM »
Oh this brings back memories of a nutter I knew a few years ago. I think the north Korean currency is the other one these folks also say is set to explode.  

I suppose it could be entertaining reading.

Michael in ABQ

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #15 on:[/b] December 28, 2017, 02:28:57 PM »
I bought some when I was deployed in 2004-2005. About $200 worth (250,000 dinar). Last time I checked it's gone up in value to about $210. I suppose that's better than if I had left it in a savings account but had it been in an index fund it would have doubled or tripled since then. I can't recall what the rate of return has been but it's something like 1-2% over 12-13 years.

It was neat to pull it out and show my kids as I had a mix of various bills. That's about it though. It's just a souvenir at this point. Maybe I should sell some of it to your brother?

JoJo

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #16 on:[/b] December 28, 2017, 06:48:28 PM »
Sell it to your brother

clarkfan1979

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #17 on:[/b] December 31, 2017, 08:53:21 AM »
Thank you for the help. I will continue to support my brother with his business adventures, but not contribute any of my own money. 
 
I'm going to try to exchange it within the next 2-3 days. Not all currency exchange businesses will exchange the Dinar. I'm guessing there is a higher risk of counterfeit. Hopefully my Dinar is not counterfeit.  I will find out soon. 

clarkfan1979

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #18 on:[/b] January 06, 2018, 08:52:45 PM »
I exchanged the Iraqi Dinar currency today for US dollars. An internet search today claims that $400,000 Iraqi Dinar is worth $337 US dollars. I went to the currency exchange in Denver at the Cherry Creek mall. They gave me $230 US dollars, minus a $5 fee for a total of $225. I have heard that a currency exchange will change 20%. However, this was a 33% fee. 

Maybe the fee is higher because of a higher level chance of fraud? When I looked at their board of exchange rates it looks like they charged only 15% for more legitimate currencies.

alsoknownasDean

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #19 on:[/b] January 06, 2018, 10:52:03 PM »
Quote from: clarkfan1979 on January 06, 2018, 08:52:45 PM

I exchanged the Iraqi Dinar currency today for US dollars. An internet search today claims that $400,000 Iraqi Dinar is worth $337 US dollars. I went to the currency exchange in Denver at the Cherry Creek mall. They gave me $230 US dollars, minus a $5 fee for a total of $225. I have heard that a currency exchange will change 20%. However, this was a 33% fee. 

Maybe the fee is higher because of a higher level chance of fraud? When I looked at their board of exchange rates it looks like they charged only 15% for more legitimate currencies.

They'll just be profiting on the currency spread. They might sell that 400,000 dinar to someone for $400 later on. The more common currencies that'll be easier for them to on-sell (and potentially less volatile) will probably have more competitive rates.

I've got some Sri Lankan rupees I've been meaning to sell from when I was there last year. They're valued at 120LKR to the Australian dollar at present (based on xe.com rates), but the currency conversion place will buy them at 140LKR to the AUD. I paid about 105-110 when I bought them

2Birds1Stone

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #20 on:[/b] January 07, 2018, 05:43:33 PM »
Wowza, the spread on Polish Zlote (PLN) is about .02-.03PLN per dollar, or about one cent. 

33% sounds insane, so does 15%. 

HipGnosis

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Re: my brother bought me Iraqi Currency (Dinar) for my Birthday and Christmas
« [b]Reply #21 on:[/b] January 07, 2018, 08:39:04 PM »
The thread reminded me that I have a butter tub of Saudi Riyals from Desert Storm.
I'll have to count it and see what it's worth.




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#20. IMHO, "Irrevocable Business Trust" or a "Irrevocable Spendthrift Trust" saves your wealth, health and happiness from the tax man. . It's Worth every penny and more. Trusts are much more apt to protect large estates. Revocable Trust hold little or no water with the IRS & States.

#21: IMHO: Legalshield.com or in some states, PREPAID LEGAL INC.: for family, business, Wills, IRS audits, Citations, legal situations. 100's of legal help issues that may give legal piece of Mind and ease the pocketbook too. Attorneys are assigned within your State to handle your cases. Some situations are outsourced to qualified attorneys within your state and they contact you. Fees average $17-49 monthly.

#22: BEWARE/ ALERT: RFID )))) RADIO FREQUENCY ID. RADIO CHIPS MAYBE INSIDE YOUR CREDIT CARD. IT IS ELECTRONIC ‘PICK-POCKETING’ OF ANOTHER’S CREDIT CARD # AND EXPIRATION DATE. LOOK FOR SYMBOL)))) OR POSSIBLE OTHER SYMBOLS. ONE’S CARD # AND EXPIRATION DATE INFO CAN BE COPIED ONTO SOMEONE’S ‘HOTEL ROOM KEY’.

THEFT DEVICE CAN BE BOUGHT FOR $100. KEEP ALL CREDIT CARDS INSIDE ALUMINUM /METAL SLEEVE OR CASE.

HACKERS CAN GET YOUR CARD #S VERY EASILY. SEE THIS VIDEO AND BEWARE. ‘RFID’ CHIPS ARE IN 33% OF CREDIT CARDS MADE TODAY. TAKE CAUTION NOW. THESE CHIPS CAN ALSO BE IN YOUR SOON TO BE BANK “BLACK DEBIT CARDS”. THIS COULD GET COSTLY AND DANGEROUS AT THE SAME TIME. IT’S BEST NOT TO HAVE ‘RFID’ CREDIT CARDS.

CHECK WITH YOUR BANK ON ‘CASH-IN’ / ‘CURRENCY EXCHANGE’ TO MAKE SURE YOU ARE NOT ISSUED ANY TYPE OF “ RADIO FREQUENCY RFID )))) “ CREDIT CARDS ON ANY OF YOUR CURRENT (AND FUTURE) ACCOUNTS.

https://www.youtube.com/watch?v=lLAFhTjsQHw&sns=em

#23 (#23-36 WERE ADDED 7/16/12): Reduce Your Risk of Identity Theft: Traveling (for business or pleasure) can increase your exposure to financial risk. Here are some simple tips to protect yourself and reduce the risk of identity theft as you head out on your summer vacation.

#24: Clean out your wallet: Take only your essential documents, like your driver’s license and just 2 credit cards – one to carry and one to leave in the safe at the hotel in case your wallet is lost or stolen. Don’t carry your social security card in your wallet – ever. Leave your extra credit cards or identifications documents at home. Men – keep your wallet in a buttoned pocket, women – wear a purse with wide straps and locking clasps, and don’t hang it on the door when you use a public restroom.

#25: Leave your checkbook at home:  You shouldn’t need it if you have credit cards. Leave your bills and private papers at home, too.

#26: Make a copy of your travel documents: Copy your passport, driver’s license, airline confirmations, etc. Leave it with a trusted friend in case you need help, or keep a copy safely tucked inside a suitcase pocket in case the original gets lost or stolen. Make a list of what you have in your wallet, along with the phone numbers on the back of your cards.

#27: Stop your mail or have a neighbor pick it up: A full mailbox with bank statements and credit card bills is a sure sign for hackers and thieves that you are not at home. Also, stop the newspaper, and don’t broadcast your travel plans on social networking sites.

#28: Alert your credit and debit card issuers: Let them know where you are traveling, how you may be reached, and when you will return. This helps the fraud department stop charges that may not be yours, and reduces the risk that your cards will be “frozen” due to unusual activity when you are away from home and can’t be reached

#29: Keep an eye on your cell phone: Many people are storing user ID’s and passwords and other personal information on their cell phones. Secure your phone with a security code so that it can’t be accessed if it is lost or stolen.

#30: Consider a temporary credit freeze: A freeze will deny access to your credit history, so ID thieves can’t open accounts while you are away. Setting up a freeze through the three credit reporting bureaus – Transunion, Experian and Equifax – takes time and money, so this is the most beneficial if you are planning a period of prolonged travel.

#31: Look for safer ATMs: If you need cash withdrawals, ATMs in bank lobbies are less vulnerable to devices used to capture your information, and are usually better lit and safer in general. They are also more likely to have surveillance cameras.

#32: Be careful with computers in hotels and other public places: Don’t access your financial data on hotel or other public computers or public Wi-Fi networks. Public computers may have spy-ware or malware installed which could record everything you type. Be sure to log out of any sites that you may access before leaving the PC.

#33: Beware of front desk calls: If you receive a call from a “clerk” saying that they need to re-enter your credit card number, hang up and call the front desk yourself. You don’t now who is at the other end of that call.

#34: A few simple steps will go a long way in protecting you and your information and prevent your vacation or business trip from turning into a headache. If you have any concerns about your personal information, notice any suspicious account activity, or experience a customer information security-related event, contact your bank branch immediately so that they can assist you.

#35: ONLY PUT ONE'S PO BOX ADDRESS ON THEIR CHECKS. NEVER PLACE BIRTHDATE OR SOCIAL SECURITY NUMBERS OR EVEN PHONE NUMBER ON YOUR CHECKS. MAKE IT DIFFICULT FOR THE WOLVES/THIEVES IF THEY TAKE ONE'S CHECKBOOK.

#36: ACT IMMEDIATELY AND ACCORDINGLY TO PROTECT ONESELF, FAMILY, BUSINESS. ONE OR TWO MINUTES COULD SAVE : TIME, MONEY, GRIEF, UNTOLD PAPERWORK & CHAOS!

#37: Any major ideas or investments, always bounce it off someone you trust like your CPA, Attorney or Investment advisors. Many are ashamed to admit they've been taken advantage of or conned. Do not be over-trusting, nieve or gullible.. When or if someone tries to interest you in a venture involving money /investments, say, "I'll discuss this with my real estate agent, CPA or lawyer and get back to you." Then talk with someone you trust.

#38: further info on personal identity: Scam-proof your communications by taking control of your personal information. Put your phone numbers (home and cell) on the Do Not Call Registry. Opt out from the sale or sharing of your personal information by contacting the three credit bureaus, your state department of motor vehicles, the Direct Marketing Association and companies with which you do business. Thieves cull your information and use it to open bogus accounts that can ruin your credit scores, credit and make your life absolutely miserable.

For more information on how to remove yourself from these databases, see the Federal Trade Commission's Web page on sharing your personal information.

#39: Don’t Trust Your Caller ID: Never do business over the phone, unless you initiate the call. Here's why: No matter what your caller ID might say, you don't really know who's on the other end of the line. If you place the call yourself, divulging personal information isn't as risky. If you receive a call from someone who claims to be with your bank, insurance company or some other place where you do business -- unless you recognize the caller -- say you'll call back. That will give you time to make sure the number is legitimate. Simply call the company's published number and ask to speak to the individual who called you, or to someone in the appropriate department.

#40: Ways to make using a debit card safer include the following: Run your purchases as credit so you don't have to input your PIN. & Always double-check your card when a clerk, cashier or waiter hands it back to you and make certain it's the same card you handed over.

Be suspicious of people who want to stand too close to you when you're using your debit card, particularly when they are using a cellphone. They could be recording your debit card information with their camera

#41: Regard All Links With Suspicion: Social networking can be a great way to keep up with friends and family, but scammers have found the Internet a gold mine of opportunity. Most of us know not to click on links in emails from people we don't know or to acknowledge those silly get-rich-quick schemes from strangers, but you should never underestimate a con artist's creativity.

For instance, a recent scam on Facebook involves a fake game based on the "Twilight" series. Fans are prompted to click on the link, exposing their personal information to scammers.

Best rule of thumb: Be on your guard and never click on links of unknown origin. Check on them by running a search with the relevant keyword (in this case, "Twilight") and "complaint" or "scam."

42# Safeguard Online Activities: Don't join the thousands who fall victim to online identity theft schemes each year. Some are as simple as planting a keystroke logger on your computer to copy your private information, while others involve complicated email exchanges.

Here are some of the best strategies for avoiding online fraud:

Don't ever respond to emails asking for your account information since they are almost always fakes.

Never click on links embedded in emails (even a friend or relative can accidentally pass along a virus). If you must see that funny video, type the URL directly into your browser.

#43: When you decide to purchase from an online merchant, always make certain that you're dealing with a reputable site. Check for complaints and never click on a link; instead, as with email links, type the company's correct URL into your browser.

Make it a habit to double-check that order forms are secure before completing them. Instead of the standard "http," the URL will begin with "https," which indicates a secure transmission.

#44: DOUBLE REMINDER : Don't forget to maintain up-to-date, functioning security software and a firewall WITH latest up to date Online Protection.

#45: Guard your medical insurance information and ALL PERSONAL INFORMATION OF ANY NATURE with the same zeal as you do your financial data. the National Health Care Anti-Fraud Association says the fallout from medical fraud can damage your credit rating, open you to litigation and even result in your receiving improper medical care. "Always examine your explanation of benefits for treatments that you didn't have," he says.

THE LESS INFO there is out there about you, the harder you are to target. Make the con artists' jobs difficult by avoiding their scam tactics. They don't deserve to score off your hard work.

* #s 37-45 contributed in part by : Former policewoman Carole Moore,author of "The Last Place You'd Look: True Stories of Missing Persons and the People Who Search for Them."

Read more: 8 ways to avoid getting conned

http://www.bankrate.com/finance/personal-finance/8-ways-to-avoid-becoming-a-successful-mark-1.aspx#ixzz217YsBOtg

ALL CONTRIBUTORS, INFO, IDEAS ARE SINCERELY APPRECIATED TO HELP DINARIANS AROUND THE PLANET. I LOVE YOU ALL. BLESSINGS. LAST UPDATE 11/11/12.

RayRat/Tony Call Notes 9/5/18

(Cliff notes by Sunny)

Replay: 641.715.0623, PIN CODE 409029#

AUDIO REPLAY

We’re hoping that everyone is enjoying their holiday. The new parliament is now active and we are waiting for nominations.

Items of interest from the weekend. . .

Friday – The CBI announces “financial stability” for Iraq. [The establishing of a government should be all that’s left?]

Iraqi president, Masoum, receives a special US envoy whose purpose was to support the “stability of Iraq” and continue to provide assistance as per previous agreement.

Iraq is discontinuing the use of US dollars for trade transactions with Iran and will use the Euro, the Rial and the Dinar. The 2% compliance issues are no longer a concern.

16 political parties agreed to form a coalition of “reform and construction” which was announced as the most powerful Parliamentary block, calling themselves the “Alliance.”

On Monday, the new session of Parliament opened, deputies took their oath of office, and then recessed for the day. They will resume on Tuesday to elect the presidencies and other matters.

(On the surface, financial stability and a stable government seem to prevail……let’s see what the CBI’s next move is.) #wearethepeople

Ray: . . .No call on Friday mainly due to Tony and his son’s Dr. visit and we had no great news to put out and then Monday was a holiday unless something big happened and nothing big happened. (see above for updates since last call) . . . I was thinking on Friday we just needed to see a GOI established and we were on our way.

Updates are in a section of the forum that anyone can read. Just go to www.superfantastic.com and click on the “blue” forum button and open it and read all the updates. That applies to anyone with internet service. It’s there for anyone (TNT member or not)

Tony: Goooooooooood Morning, TNT! . . . After this is all over, RV announced, I will probably open the board and room back up for people to join as all the jerks and dummies won’t have anything to say as the RV will be over. Don’t be alarmed if your not in. As long as we are doing something you’ll be able to be apart of it. We have 135,000 (??? that follow us on Twitter.

CBI made an announcement they were ready. Same announcement they made in April. Difference is they are more than ready. They have accomplished even more that makes them looks more stable. They got to stop the auctions . . .smuggling of USD. They have to get the criminals – None of that has happened but they are still saying they are ready to go. Which they are. It’s not a requirement but the smartest thing for them to do. It’s what the US. . . Saudi. . . Turkey wants.

Parliament met. Most sworn in on Monday. Some on Tuesday. Kurdistan walked – saying not going to participate because they do not know who is the largest bloc yet. Eight different groups claim to be the largest. Comes down to Amir, Abadi, Sadr, Maliki.

Maliki doing what Iran wants – causing confusion in the streets and Parliament. Maliki and Amir are now buying individual’s. And saying by people we have the largest group – whomever they have paid to come over. Individuals cannot decide, by the constitution, they cannot leave a group at the last minute. Kurdistan wants to see what the court says now.

We have to wait to see if they drag this out to the 15th. First they said the 3rd, then the 2nd to open Parliament and finally did on the 3rd. Now saying they will do so on the 15th. They don’t want to be out of the Constitution so they are just leaving it open. Business as usual for Iraq.

We are all waiting to see if it’s on the 15th or before to finalize their government.

2% compliance – they solved it as they could have in May or June. Using dollars they could have done in May or June. Now going to use the Euro so it doesn’t affect the USD.

Now they don’t have to smuggle USD; fake the auctions. Do it in one day. No laws, no rules, just switched it over. Not our issue anymore. CBI saying we are ready to go, to complete the reforms. They have met the requirements and gone above.

Now we are just stuck. Sitting her waiting for the next meeting to see what direction they go.

The banks say the rates are going up. They had a meeting Monday evening – set a time line. They are excited and think finally within this window this could happen. Why? Because CBI put out an announcement again.

So, does the letter come back from the court saying, “hey you can’t do that.” So the President says Sadr and Abadi have the largest group? Do they wait till Sept 15th to do that?

Something happen in the background so they drag this out again? Till Sept 30th, Oct 1st for the new physical year? What are they trying to do? That’s where we are at!

Calvin Suggs has a new album out. He’s #19 on the billboards and asking for TNT help to get to number one. This is the guy who put together TNT Fantastic and recorded it. Check it out. Anybody else wants me to do anything else I’m telling you, “I’m not doing it.”

CURRENT WINDOW: Tony: . . .The banks were on alert this morning. As of now they are on standby. . . CBI made an announcement they were ready. . . Banks . . . meeting Monday evening – set a time line. . . Between now and next week is when they are looking for it.

Tony: They (banks) are excited and think finally within this window this could happen. Why? Because CBI put out an announcement again.

(((Tony got text during the call the information above has been updated:

Tony: Told just now everything this morning has been put on a standstill! . . .Totally upset with what Iraq did over the weekend switching to the EURO. Having a meeting right now. Don’t want anyone to be upset by this. It could happen tomorrow.

Tony: We have been doing things to affect our allies. Canada, Saudi, Germany, EURO Union, everybody else who normally what we did against Iran they would be all in and support the US. . . the EURO Union has decided to agree with Iraq and use the EURO to make trades. They say they don’t agree with what the US is doing. Now the US is mad. Mad at Iraq. Asking why did you send them that lifeline? Now it’s a matter of what agreement is made with delegation of Iraq and what part of the sanctions they have to abide by – more of them trying to subvert and the countries who are supposed to be our allies trying to subvert some of the sanctions we are putting on Iran. Causing an issue this morning with the banking system.”)))

Tony: This is Iraq. It could be resolved in the next hour.

IRAQ: Abadi and Sadr have the biggest bloc even without the Kurd’s. Eight different groups claim to be the largest.

HCL is to be implemented today. Tony: Do not need the RV to implement that. . . it’s 10% of the revenue regardless of what the rate is.

CBI has made another announcement they are ready to complete the reforms which has put banks around the world on the alert. Tony: We imagine all they are waiting for is for the GOI to be stable. Why? Because the US, Saudi, IMF are basically saying they want to see who is going to be in charge and use as leverage.

Demonstrations: Tony: I think Maliki and Iran are trying to disrupt the process and make it as difficult as they can in Parliament . . . and on the streets in Basra. . . having people go against the police . . . in those areas more followers of Iran and Maliki.

Parliament: met and swore in most but then suspended the session till the 15th. Kurd’s walked out and have not aligned with any bloc yet. No resolution on largest bloc. Issue has gone to their Federal Court for a decision. Tony: All should conclude by the 15th I think. Abadi or Sadr should be appointed. I do not see it going into Dec.

Media: No update on what is being broadcast or printed.

Maliki: Tony does not think Maliki has a majority based on what is going on. Maliki has announced he wants to run for President. Tony: . . . so he can affect who is Prime Minister. . . As long as Maliki can cause problems and confusion that is what he is going to do. . . He can buy peoples seats. That’s legal over there. That’s legal for them.

Iran is Iraq’s trading partner. It’s where they get TV’s, refrigerators, etc. $6 billion worth annually.

TONY ANALYSIS: Tony: Last time this happened (elections snafu) it took five months to be resolved. They don’t think it will take five months this time. They did open Parliament. That was a huge thing! Then they will have to decide on the Prime Minister and then we can go on.

It is frustrating! You were not supposed to be here! It was not designed for you! It was designed for them! (The PTB – powers that be) It’s not about you and me! It’s about what is going on in there world that makes them happy and can we survive it while they are going through it.

INTERNATIONAL:

IMF: has GLOBAL Humanitarian projects to invest in after you have exchanged.

Currencies: No specific rates mentioned. ZIM has gone up but rate was not revealed to Tony.

UNITED STATES:

Banks: The banks say the rates are going up. They had a meeting Monday evening – set a time line. Tony: They are excited and think finally within this window this could happen. Why? Because CBI put out an announcement again.

Taxes: Tony: We are being told at every level, UST, banks, this is a non-taxable event.

800 #’s: No update yet.

Chase, Citibank and Travelex has the Dong for purchase.

Pres. Obama: Tony: Obama spent six years of his administration trying to get Iraq to grow up. . .

Tony’s Son: Tony: He is better. Removed some stitches last Friday. I tell him it’s just skin. It will grow back. Might hurt while it’s doing it but it will grow back. I appreciate all the letters and the cards. He appreciates it. I want to say “Thank You” for doing that.

EXCHANGING:

Cash amount to receive during exchange may be per individual or couple. Ask when you call for your appointment. IMF has GLOBAL humanitarian projects to invest in at a great return after you have exchanged.

ZIM Information: The ZIM will be exchanged on a structured payout. Tony heard the rate has gone up over the weekend but they would not reveal it to him. Tony: We don’t have details about the structured payout. Said it would be based on the bank doing the exchange. Depends on if it’s a small or big bank on how it will be structured. It is up to each bank. Humanitarian projects have to be approved by the Zimbabwe government.

Q & A: TNT Forum
– Can each child have their own IRA’s? Ray: No.
– Should we still deposit our dinar funds into a non-interest bearing account? Tony: That’s from when we thought we would pay taxes on this. We are being told at every level, UST, banks, this is a non-taxable event. Ray: I am still non-interest until somebody can give me a good reason not to be.

Q & A: Callers
– Ray:
– Article on Dinar Recaps that tells what Trump is doing and why. I think it would be very helpful to anyone who has any doubts about hanging on and staying in there. Anyone who reads this article will see it is happening. I didn’t see anything controversial in it, even the parts about Trump. Tony: I want to read it myself, you think it’s that good.

Caller: Most bi-polar medicine is being bought by dinar people. You know that don’t you? Tony: LOL!
– Are “they” listening today? Tony: I know they monitor our calls.

Caller: I have something to say to them. Iran is like an ruined nation. Always was. Iraq has been sincerely cooperative. I am addressing this to President Donald Trump: I am for you. We are the people. I know your doing everything you can. There are people out here suffering. All we want to do is help people, because there are other people out there . . . and they are suffering. . . so please get this thing done!!! So people don’t have to suffer any more!!!

To Get on the Call: The call line is limited to amount of callers. Call the phone number, then push “star button and the number “1” and that puts you in the que. Then you wait for Ray to open the line to you.

CLOSING STATEMENTS:

Tony . . .Good things happened the last week. We do have a date, the 15th to see more progress. We know what they say and do are two different things. They don’t have to wait for the 15th. . .

Let’s go with that. Nothing else we know. Let’s hope its sooner. I’m getting a phone call from Iraq right this minute. I got to go and take this phone call.

Ray . . .We are always going to be giving you a well rounded source of information. Sometimes Tony comes from one perspective and I another. We give you the full scope of things and then you choose which avenue is best for you. No one way. Several ways. Several avenues.

Want to close with : Cash, getting cash and gifts. Exchange day and walking out with cash. Really asses that and why you would walk out with cash. Security risks with that and other risks that lead to security risks. What do you need with that cash that a check or debit card can’t do a day or two later. Don’t let your exchange day be one of the worst days instead of one of the best days.

And we don’t want anyone to be like a lottery winner that lost it all and saying they wished they’d never got it in the first place. Once the green light comes on and it’s time to exchange look at yourself as an avid swimmer and you have to get across the ocean. Your an avid swimmer. You can swim for hours if need be. That’s not the issue. The issue is what’s out in that water you have to deal with while your swimming?

There are sharks in that water, just swimming around waiting for you to come in. Some swim and never have an incident. Then again will be one or two, based on the way you talk, based on what I hear on TNT calls and open mic, the shark is going to bite somebody because you are setting yourself up for it.

Gifting and your saying goodbye to some great tax write offs by not knowing what to do. Gifting and tax write offs do not lie together.

As we wait for more information we will update you on current events . . . when it’s appropriate rom across the pond and here. Updates will be placed in the forum.

Not getting the text messages is a great disadvantage. you don’t know when the RV will kick in . . . a rate change happens. . . something just happens jump on it. It’s possible post RV that alert could be going out for a couple of things and you don’t want to be on the tail end waiting for someone to tell you something we sent out an alert on hours or a day or go. When it comes to information time is money and in some cases how fast you move can make a difference on how much you can make or how much you lose.

Enjoy Wednesday. We’ll be back in touch on fantassticker Friday. Keep believing. We sure do. (played “I Believe.”)

Ray closed with the lyrics: “It’s done, it’s finished, the RV is on it’s way. We are just waiting for a call any day!”

News Time w/ rcookie, Mr. White at DU for 6/15/16 - Part 2

News Time w/ rcookie, Mr. White at DU for 6/15/16 - Part 2

6/15/2016 07:37:00 PM  DU, News, Q&A, rcookie, Thoughts, wmawhite  
NEWSTIME WITH RCOOKIE and MR. WHITE Monday, June 15, 2016 - Part 2
rcookie says to wmawhite(7:31 PM):

THIE STUFF IS AWESOME!!!!..AND IN INK!!..

subgirl says(7:31 PM):

that is BIG!!!!! WOW!!! LOVE IT!!! 

wmawhite says(7:31 PM):

This is Citibank..................which I believe is aligned with the TBI......

Hutch says to jimplants(7:31 PM):

(y)

clay01 says(7:31 PM):

"Show Me the Money"

david334 says(7:31 PM):

amazing i cant believe it

wmawhite says(7:32 PM):

The trade Bank of Iraq which is theCBI's arm that reaches outside of Iraq.

rcookie says to wmawhite(7:32 PM):

AND SPEAKS TO EXACTLY WHAT THE 1ST ARTICLE REFERS TO CREATING THE FOUNDATIONS OF INVESTMENTS...

wmawhite says(7:32 PM):

“lifting the barriers that stand in the way of traffic and movement of money Iraqi around the world).” ?????

david334 says(7:32 PM):

Citi forecasts a trillion $ GDP by 2020

Hutch says(7:32 PM):

THEY ARE TELLING US.... POINT BLANK !

wmawhite says(7:33 PM):

crickets, crickets, crickets.........

subgirl says(7:33 PM):

VERY EXCITING!!! 

rcookie says to david334(7:33 PM):

WHICH ACCORDING TO THEIR NDP IS CONSERVATIVE!!

Hutch says to wmawhite(7:33 PM):

MAYBE THEY ARE IN SHOCK AND IN AWE ! 

wmawhite says(7:33 PM):

Would you be more excited if I told you that I stayed at a Holiday Inn Express

popeye7 says(7:33 PM):

Fantastic news... 

ronda says(7:33 PM):

were trying to catch our hats

sarahrose says(7:34 PM):

AMEN (lol)

Hutch says(7:34 PM):

ANY QUESTIONS OR COMMENTS ON THIS BOMBSHELL?

popeye7 says to wmawhite(7:34 PM):

They have a pretty good breakfast..

jimplants says(7:34 PM):

ONE REGRET I CAN NOR HEAR THE CALLS MY HEARING ONLY PICKS UP ABOUT ONE THIRD OF ANY RECORED CONVERSATION

willie60 says(7:34 PM):

NDP?

wmawhite says(7:34 PM):

In downtown Baghdad???? and exchanged at................????

rcookie says to ronda(7:34 PM):

HI RONDA.....I HOPE SO!!!!!

NATIONAL DEVELOPMENT PLAN...

jimplants says(7:34 PM):

BUT I DO BELIEVE I KNOW WHAT YOU WILL BE SAYING

willie60 says(7:35 PM):

TY

rcookie says to willie60(7:35 PM):

diagyAAAE says to rcookie(7:35 PM):

I WOULD SAID NATIONAL DEVELOPMENT PARTY LOL

ronda says(7:35 PM):

the news is so great I cant believe its finally being told

wmawhite says(7:35 PM):

thats all folks!!!!

Hutch says(7:35 PM):

REMEMBER THAT THIS IS A INTRODUCTION TO TOMORROWS CALL

rcookie says to willie60(7:35 PM):

OK.......

ronda says(7:35 PM):

wma white i worked as gm at holiday in tough job

wmawhite says to ronda(7:36 PM):

It was never a secret to begin with........it was those gurus saying that that were full of XXXXXX

jimplants says(7:36 PM):

THANKS FOR THE HEADS UP THOUGH

wmawhite says to ronda(7:36 PM):

Great commercials though.

david334 says(7:36 PM):

Just amazing work I am stunned . You qown this collosal trade

ronda says(7:36 PM):

only you guys your the best

Hutch says(7:36 PM):

OK ONE MORE REMEMBER WE ARE IN NEWSTIME

rcookie says to willie60(7:36 PM):

HERE IS ONE LAST TIDBIT BEFORE TOMORRROW...

rcookie says(7:37 PM):

HOW MANY THINK THAT IRAQ HAS A LAUNDRY LIST OF INITIATIVES BEFORE ACCEPTING ARTICLE VIII OBLIGATIONS...

mainegirl says(7:38 PM):

not I

daytrader says to rcookie(7:38 PM):

NOPE

sarahrose says(7:38 PM):

not me

david334 says(7:38 PM):

had one

subgirl says(7:38 PM):

nor me! 

hunter59 says(7:38 PM):

Hope not

popeye7 says(7:38 PM):

Thank you very much guys... I do not think they have a laundry list.. 

rcookie says(7:38 PM):

OK SOMETHING TO CHEW ON FOR TOMORROWS CALLED AS A BACKDROP!!..

THIS IS AN IMF PRESS RELEASE FROM 2013 THAT OUTLINES A BREACH OF OBLIGATIONS UNDER ARTICLE VIII...AND IT DEALS WITH SECTION 5

IMF Executive Board Reviews Noncomplying Purchase by Iraq and Breach of Obligations Under Article VIII, Section 5Press Release No. 13/464 November 21, 2013

ANYONE KNOW HOW YOU CAN GET KICKED OUT OF A CLUB YOU NEVER BELONGED TO.....

Hutch says(7:40 PM):

GOOD QUESTION !

risk says(7:40 PM):

It's almost like citi-bank is taking them public

rcookie says(7:40 PM):

SO THE LAST SBA THEY WERE IN INITIATED IN 2010....

puffdragon says to rcookie(7:40 PM):

Whats the answer ?

david334 says(7:41 PM):

I know whats coming . They were never out in good standing

rcookie says(7:41 PM):

THEY ALREADY ACCEPTED ARTICLE VIII OBLIGATIONS IN 2013 AND BREACHED AND THIS IS THE STORY...

wmawhite says to david334(7:41 PM):

very perceptive....

david334 says(7:42 PM):

Six years later the checks about to clear

rcookie says(7:42 PM):

AND COINCIDENTALLY...WHAT IS IRAQ ABOUT TO ENTER INTO WITH IMF.....

wmawhite says(7:42 PM):

tell us......

rcookie says(7:42 PM):

???? COME ON NOW..

Hutch says(7:42 PM):

SBA

daytrader says to rcookie(7:43 PM):

SBA

david334 says(7:43 PM):

SBAAAAAAA

rcookie says(7:43 PM):

CORRECT...WORTH 18BILLION...

SO HANG ON AND PLEASE KEEP READING....

sarahrose says(7:43 PM):

what does SBA stand for again???? 

popeye7 says(7:43 PM):

Standby Agreement...

david334 says(7:43 PM):

Yeahhhhhhhh 

rcookie says(7:43 PM):

As the authorities have taken appropriate corrective measures since the purchase in March 2011, the Executive Board granted a waiver for the nonobservance of one continuous performance criterion (PC) and determined that no further remedial action is required in connection with its obligation to provide information under Article VIII, Section 5.

SO THE IMF EXECUTIVE BOARD GRANTED A NON COMPLIANCE WAIVER...AND CONCLUDED NO FURTHER REMEDIAL ACTION WAS NECESSARY....

david334 says(7:44 PM):

I cant believe it yahooooo

wmawhite says(7:44 PM):

and determined that no further remedial action is required in connection with its obligation to provide information under Article VIII, Section 5.

cricket22 says(7:44 PM):

Hi guys! 

popeye7 says(7:44 PM):

That is awesome news... Oh my..

rcookie says(7:44 PM):

READ....

The noncompliant disbursement arose as a result of misreporting on the observance of the standard continuous PC for the nonimposition or intensification of restrictions on the making of payments and transfers for current international transactions.

wmawhite says(7:44 PM):

no further remedial action is required in connection with its obligation

cricket22 says(7:44 PM):

What have I missed? 

david334 says(7:44 PM):

And BGG Group educated us along the way for freeee

Hutch says to cricket22(7:45 PM):

WE ARE IN NEWSTIME

wmawhite says(7:45 PM):

It had met its obligation back when?????????????

cricket22 says to Hutch(7:45 PM):

Oh ok.. Thanks 

david334 says(7:45 PM):

2013

ronda says(7:45 PM):

2013

rcookie says(7:45 PM):

October 2012, staff learned that during the last quarter of 2010 the Central Bank of Iraq (CBI) issued three circulars on the daily foreign exchange auctions that gave rise to exchange restrictions subject to IMF jurisdiction. The circulars: (a) introduced maximum limits on the availability of foreign currency cash for individuals, (b) introduced limits on the availability of foreign currency cash through the CBI foreign exchange auctions to money transfer companies and exchange bureaus, and (c) introduced and (d) later intensified a requirement to present a tax clearance certificate for firms to transfer funds in excess of certain amounts purchased through the CBI auctions.

HMMMMM ANYONE TAKE A GUESS WHY THEY WERE SLOW AND RESISTANT TO REPORTING ON AUCTION ACTIVITIES AND ACCOUNTABILITY....BIG SHOCKER RIGHT.....

SO MISREPORTING OR REPORTING ALTOGETHER....

david334 says(7:46 PM):

Whats his name

rcookie says(7:46 PM):

The restriction on the availability of foreign currency cash for individuals was temporary, as the CBI repealed it in August 2011. The authorities have taken appropriate corrective action by removing the remaining restrictions in the course of 2013. On this basis, the Executive Board granted a waiver for the nonobservance of the PC.

hunter59 says(7:46 PM):

Moneybags

rcookie says(7:46 PM):

THESE ARE THE RESTRICTIONS THEY REFER TO IN THE IMF LOI/MEFP/YECH MOU.......

THESE ARE THINGS THEY WENT THROUGH IN 2011 THAT WERE IDENTIFIED AND ADDRESSED...HOWEVER ARE PART OF THE ARTICLE 8 OBLIGATIONS AND PROCESS....

wmawhite says to rcookie(7:47 PM):

paragraph #19....???

rcookie says(7:47 PM):

THEY REMOVED THE REMAININ RESTRICTIONS IN 2013^^^^

The Executive Board also found that the inaccurate reporting on the observance of the PC also gave rise to Iraq’s breach of its obligations under Article VIII, Section 5, of the IMF’s Articles of Agreement, which requires member countries to furnish such information as the Fund deems necessary for its activities, including information that is necessary to assess observance of PCs. The CBI introduced the necessary changes in its procedures in order to share circulars with the IMF in a timely manner and regularly publish the circulars on the CBI website. In view of the commitment by Iraq to provide timely and accurate data to the IMF on the exchange system in the future, the Executive Board decided not to require any further remedial action in connection with the breach of obligations under Article VIII, Section 5.

david334 says to rcookie(7:48 PM):

You told us that over and over but no one lisyen including me

wmawhite says to rcookie(7:48 PM):

Article 8 obligatios are not a "all" or "nothing" status..........

rcookie says(7:48 PM):

SO TO SUM UP......

wmawhite says to rcookie(7:48 PM):

obligations

rcookie says(7:49 PM):

SO THEY WERE FOUND IN VIOLATION...SPANKED AND CORRECTED..

david334 says to rcookie(7:49 PM):

You told us that

rcookie says(7:49 PM):

AND FOR THOSE INTERESTED...HERE IT IS..

Section 5.Furnishing of information(a) The Fund may require members to furnish it with such information as it deems necessary for its activities, including, as the minimum necessary for the effective discharge of the Fund’s duties, national data on the following matters:

(i) official holdings at home and abroad of (1) gold, (2) foreign exchange;(ii) holdings at home and abroad by banking and financial agencies, other than official agencies, of (1) gold, (2) foreign exchange;(iii) production of gold;(iv) gold exports and imports according to countries of destination and origin;

(v) total exports and imports of merchandise, in terms of local currency values, according to countries of destination and origin; (vi) international balance of payments, including (1) trade in goods and services, (2) gold transactions, (3) known capital transactions, and (4) other items;

wmawhite says to rcookie(7:50 PM):

We have been lead to believe that there would be fire works with a stage and big screen TVs too announce that the CBI was now Article 8...................those gurus have been wrong all this time.

(vii) international investment position, i.e., investments within the territories of the member owned abroad and investments abroad owned by persons in its territories so far as it is possible to furnish this information;(viii) national income;

(ix) price indices, i.e., indices of commodity prices in wholesale and retail markets and of export and import prices;(x) buying and selling rates for foreign currencies;(xi) exchange controls, i.e., a comprehensive statement of exchange controls in effect at the time of assuming membership in the Fund and details of subsequent changes as they occur; and(xii) where official clearing arrangements exist, details of amounts awaiting clearance in respect of commercial and financial transactions, and of the length of time during which such arrears have been outstanding.

(b) In requesting information the Fund shall take into consideration the varying ability of members to furnish the data requested. Members shall be under no obligation to furnish information in such detail that the affairs of individuals or corporations are disclosed. Members undertake, however, to furnish the desired information in as detailed and accurate a manner as is practicable and, so far as possible, to avoid mere estimates.(c) The Fund may arrange to obtain further information by agreement with members. It shall act as a centre for the collection and exchange of information on monetary and financial problems, thus facilitating the preparation of studies designed to assist members in developing policies which further the purposes of the Fund.

david334 says to rcookie(7:51 PM):

The chinese cant do that

rcookie says(7:51 PM):

SO THAT IS SECTION 5 OF ARTICLE VIII'S 7 ARTICLES...AND THE ONE THAT IRAQ WAS IN BREACH OF IN 2011....

THE OTHER ARTICLE THAT EXPERTS SAY IS TO BE CHALLENGING IN MAINTAINING COMPLIANCE ON...ESPECIALLY IN TODAYS ENVIRONMENT IS ARTICLE 3....

Section 3.

Avoidance of discriminatory currency practicesNo member shall engage in, or permit any of its fiscal agencies referred to in Article V, Section 1 to engage in, any discriminatory currency arrangements or multiple currency practices, whether within or outside margins under Article IV or prescribed by or under Schedule C, except as authorized under this Agreement or approved by the Fund. If such arrangements and practices are engaged in at the date when this Agreement enters into force, the member concerned shall consult with the Fund as to their progressive removal unless they are maintained or imposed under Article XIV, Section 2, in which case the provisions of Section 3 of that Article shall apply.

rcookie says(7:53 PM):

AND SINCE WE KNOW THEY REMEDIED IN 2013...........

wmawhite says to rcookie(7:53 PM):

We have been lead to believe that there would be fire works with a stage and big screen TVs to announce that the CBI was now Article 8...................those gurus have been wrong all this time.

rcookie says to wmawhite(7:54 PM):

AGREED!!

Hutch says to wmawhite(7:54 PM):

YEP

david334 says to rcookie(7:54 PM):

they have been decapitated and dumped in the fraudster bin

rcookie says(7:54 PM):

SO THEY ARE LOOKING FOR IMPLEMENTING REMOVAL OF LIMITATIONS ON TRANSFER OF INVESTMENT PROCEEDS THAT GIVE RISE TO EXCHANGE RESTRICTIONS....PART OF THEIR TECNICAL ASSISTANCE RECOMMENDATION....

THAT HAVE OUTLINED WHAT IRAQ MUST DO TO CREATE A FAVORABLE BUSINESS CLIMATE BY MAKING INTERNATIONAL TRANSACTIONS RESTRICTION FREE...."NON MANIPULATED" OR INFLUENCED....REMEBER THE LANGUAGE IN THE ARTICLE 8 THAT WAS JUST BROUGHT IN...

wmawhite says(7:55 PM):

Folks,......Article 8 and the obligations is not an "all" or "nothing" agreement with the IMF.

rcookie says(7:55 PM):

NO THEY ARE NOT SPEAKING ABOUT RATES...BUT RATHER...THE NECESSARY ENVIRONMENT FOR THE RATE TO BE USEFUL IN CONDUCTING AND TRANSACTING INTERNATIONAL BUSINESS.....

Hutch says to rcookie(7:56 PM):

THE NECESSARY ENVIRONMENT FOR THE RATE TO BE USEFUL IN CONDUCTING AND TRANSACTING INTERNATIONAL BUSINESS..... WOW!

rcookie says to wmawhite(7:56 PM):

GREAT POINT AND SOOOOOO RIGHT MR WHITE!!

david334 says to rcookie(7:56 PM):

Setting the guidelines so the rate works

wmawhite says(7:56 PM):

Not all 185 members of the IMF are perfect in meeting those requirements all of time.

rcookie says to wmawhite(7:56 PM):

THATS RIGHT....WOULD GOOD WOULD THE RATE BE IF THE UNDERPINNINGS NOT IN PLACE...

wmawhite says(7:57 PM):

Even the USA receives periodic Article 4 consultations during the year.

Hutch says to wmawhite(7:57 PM):

NOT A ONE SIZE FITS ALL.... IS THAT WHAT YOU ARE SAYING?

david334 says(7:58 PM):

This has been in the works despite the bad guys for years. Someone in the GOI and CBI desveres credit

wmawhite says(7:58 PM):

How well a country does in meeting its obligations is a public matter and the rest of the world knows what those issues are............and those countries decide whether or notto do business with that country.

Hutch says(7:59 PM):

SUCH EXCITING NEWS !!!! INCREDIBLY INFORMATIVE !!! DOES ANYONE HAVE ANY QUESTIONS OR COMMENTS? REMEMBER THAT TONIGHT IS A PRELUDE TO TOMORROWS CALL ! ANY ? OR COMMENTS?

rcookie says(7:59 PM):

YES ...LIKE YOUVE BEEN HEARING HERE AT DU AND NOWHERE ELSE...THE IMF LOI'S HAVE BEEN LNGOING SINCE 2011.....

Hutch says(8:00 PM):

ANY ? OR COMMENTS?

rcookie says to wmawhite(8:00 PM):

ITS NOT HYPE...OR SPECULATION OR GUESSING...

gordon11 says(8:00 PM):

Thank you for the solid facts

Elane says(8:00 PM):

I must say this is the MOST comprehensive discussion... Ive ever read... in 6 years. Much thanks!

david334 says to subgirl(8:00 PM):

Okay

SRW says(8:00 PM):

?

rcookie says to wmawhite(8:00 PM):

ITS A METICULOUSLY ORCHESTRATED ACTION PLAN TO REINVENT A NATION

Hutch says to SRW(8:00 PM):

GO

rcookie says to Elane(8:01 PM):

(handshake)

daytrader says(8:01 PM):

Great job connecting the dots. Thanks 

Hutch says(8:01 PM):

SRW ARE YOU THERE?

SRW says(8:02 PM):

So, past P.M. Mailiki messed all this up and Iraq had to wait all these years?

rcookie says to daytrader(8:02 PM):

PAINT BY NUMBERS...

nick says(8:02 PM):

excellent news rcookie and wmawhite thank you

rcookie says to daytrader(8:02 PM):

THEY WERE FAR TOO PREOCCUPIED WITH STEALING AUCTION $$$ AND DFI FUNDS

wmawhite says to SRW(8:02 PM):

think about all that has been accomplished just recently.........

daytrader says(8:02 PM):

Methinks some of the numbers were hidden in plain site, but you two found them. 

wmawhite says to SRW(8:03 PM):

IMO<............the CBI was ready, but not the rest of the country.........

SRW says(8:03 PM):

Thanks!!

rcookie says to daytrader(8:03 PM):

MR WHITE ..HAS THE MAGNIFYING GLASS...PIPE AND SHERLOCK CAP...

daytrader says(8:04 PM):

Gotta see that pic.

wmawhite says(8:04 PM):

Money money is on Liver and Onions.....with gravy.

rcookie says to david334(8:04 PM):

YVW..

Hutch says(8:05 PM):

JUST FOR YOU MR WHITE LOL

rcookie says(8:05 PM):

BE DEE..BE DEE..BE DEE THATS ALL FOLKS.....

jimplants says(8:05 PM):

THANK YOU BOTH BE BLESSED

Hutch says(8:05 PM):

THANK YOU RCOOKIE AND MR WHITE FOR A GREAT NEWSTIME AND THANK YOU ALL FOR PARTICIPATING ! 

THANK YOU MAGNETLADY FOR COPYING AND COLORING !! 

PLEASE EVERYONE… PLEASE REMEMBER TO KEEP SHEILA AND HER FAMILY IN YOUR PRAYERS. 

HAVE A GREAT EVENING EVERYONE !!!! REMEMBER TOMORROWS CALL AND HAVE YOUR QUESTIONS READY !! GOOD NIGHT EVERYONE !!!

rcookie says to jimplants(8:05 PM):

GOOD NITE JIM!!....THANK YOU

Elane says(8:05 PM):

ITS A METICULOUSLY ORCHESTRATED ACTION PLAN TO REINVENT A NATION

wmawhite says to Hutch(8:05 PM):

thanks............a little late for that meal...........lol

david334 says to Hutch(8:05 PM):

Great job Hutch

Elane says(8:05 PM):

You couldnt PAY anyone for this education!

david334 says to Elane(8:06 PM):

So true

VelmaF41 says to rcookie(8:06 PM):

I have never had gravy with liver and onions.

rcookie says to jimplants(8:06 PM):

THANKS ALL!!....MR WHITE...HUTCH...MAGS....SUBBY!!

Hutch says(8:06 PM):

GREAT JOB RCOOKIE AND MR WHITE !!!

rcookie says to jimplants(8:06 PM):

GREAT QUESTIONS AND CONVERSATION....

VelmaF41 says(8:07 PM):

Thanks to all the great mods and copiers and news hounds. See you back here soon! (F) It just gets better and better.(v)

rcookie says(8:07 PM):

HERE IS A LINK FOR THE OECD...VALUE ADDED TAX INFO..

http://www.oecd.org/ctp/consumption/...guidelines.pdf

jimplants says(8:08 PM):

YES SIR JUST HOPE SOMEONE TAKES NOTES FRROM THE CALL MY HEARING IS NOT THAT GOOD

subgirl says to rcookie(8:08 PM):

thank you very much for the AWESOME NEWS!!!! WOW!!! who would have imagined that??

rcookie says to jimplants(8:08 PM):

WIL DO JIM...

daytrader says to subgirl(8:08 PM):

rcookie and Mr White!!

jimplants says(8:08 PM):

COURSE NEITHER IS MY TYPING

subgirl says to wmawhite(8:08 PM):

Thank you very much for the WONDERFUL NEWS!!!! you are AWESOME!!! 

rcookie says to jimplants(8:09 PM):

PREACHIN TO THE CHOIR THERE BROTHER...

wmawhite says(8:09 PM):

Everyone have a great evening..............

Elane says to rcookie(8:09 PM):

Goodnight...

ronda says(8:09 PM):

thank you wmawhite and rcookie

Elane says(8:10 PM):

Yes to both mr White and R cookie...

woodywoodpecker says(8:10 PM):

thank ya'll

popeye7 says(8:10 PM):

Thanks guys.... Terrific news...

subgirl says to Hutch(8:10 PM):

Thank you hutch for all you do here!!! BEHIND THE SCENES!!!! YOU ROCKED TONIGHT!!!! thank you for being such a dedicated MOD in here too!!!! 

SRW says(8:11 PM):

Thank All of the DU team for your info and time you spend with us!!

Hutch says to subgirl(8:11 PM):

THANKS SUBS !

subgirl says to Hutch(8:11 PM):

VYW 

daytrader says to rcookie(8:11 PM):

So the MOU/LOI was a document to bring them BACK into compliance with Article VIII.

That was a question, not a statement.

http://www.dinarupdates.com/showthread.php?35813-NEWSTIME-WITH-RCOOKIE-and-MR-WHITE-Monday-June-15-2016


Thanks to: http://inteldinarchronicles.blogspot.com

Bruce D NOT CALLING IT---JUST SAYING POINTING TOWARD IT GOING VERY QUICKLY.--Call Notes 4/21/16

DEEP GRATITUDE'S TO MALLY AND COLORADOGURL FOR THIS TRANSCRIPTION, AS MY COMPUTER BOMBED OUT. (WingIt)


MB. INTEL BEGINNING. SUE WILL READ COMPLITATIONS OF TODAYS CALL, DOING THE BEST WE CAN TO BE ACCURATE, PLEASE REALIZE WE CANNOT CALL THIS RV. NOT DOING DATES, RATES. EARS TO HEAR, WILL GLEEN INFO FROM TONIGHT. WE ARE CLOSE, BEEN CLOSE FOR A WHILE



B. BASED ON INFOR OUT, WE JUST NEED TO BE IN A QUIET STATE OF EXPECTATION. NONE IS PERFECT, DO THE BEST WE CAN TO GLEEN THE TRUTH FROM WHAT WE HEAR. THIS SAID, THIS IS OUR DISCLAIMER.



SUE. GOING TO BORROW SOME MIRACLE ENERGY OF PRAYER.



B. ROBERT AND I WILL ALTERNATE ON POINTS OF INTEREST.



SUE. #1 TMORROW 4.22 16 IS ONE YEAR SINCE THE TRN WERE MADE ACTIVE BY CHINESE ELDERS.



SUE. #2 WHAT WE'RE REALLY DOING IS POINTING OUT ASPECTS OF SPECIFICS SIGNIFICANTS.



SUE. #2 THE TRN EVENTS, BEGINS THE RV, WHICH IS FINAL PIECE OF GCR PUZZZLE, INVOLVES 1.00 OF PARTICIPANT.S



B. PARTICIPANTS INVOLVE CHNESE ELDERS, PEIPLE IN THE EAST WHO'VE HAD THIS CHANGE FOR LONG TIME.
 
#3. IN ESSENCE, CHINA BEGAN MOVING CURRENCY INTO GOLD-BACKED ONE YEAR AGO.



SUE, CHINA BEGAN MOVING USA, IN 4.22.15, BEEN A YEAR, INTO GOLD-BACKED CURRENCY ONE YEAR AGO.



B. HAVE TRN'S WHICH ARE GOLD BACK, CHINA UP UP GOLD TO BACK OUR NEW CURRENCY, ON THEIR OWN.



SUE. ON WED JACK LEW MOVED FORARD TO MOVE CURRENCY IN USA, TO ANNOUNCE THIS TO THE WORLD. IN CNBC AND FOX NEWS.



SUE. ON WED JACK LEW MOVED FORARD TO MOVE CURRENCY IN USA, TO ANNOUNCE THIS TO THE WORLD. IN CNBC AND FOX NEWS.



R. IT WAS A VERY, VERY SUBTLE ANNOUNCEMENT. NOT EXACTLY WHAT WE WERE LOOKING FOR, BECAUSE NOT REALLY PRINTED, WE ALL KNOW THAT THE NEW TRNS ARE OUT.



SUE. #5 NEW USN, COINED CURRECNY, PRINTED WITH NEW IMMAGERY, ON 20 DOLLAR BILL.



#10 NEW GOLD BACK USN CURRENCY IS EXPECT ED TO BE LIVE WORLDWIDE FRIDAY MORNING.



R. HEARING FRIDAY MORNING



B: CHINA OPENING MARKET AND IT IS ALREADY GOLD BACKED AND TRADEABLE



B: WE HAVE PASSED THAT TIME FRAME AND CHINESE YUAN IS NOW GOLD BACK AND TRADEABLE AS SUCH. 
MARKET OPENING. 1 YEAR OPENING CANT CALL IT AND - INDICATION IS IT'S COMPLETE



S. AS OF 4/22/16 WORLDWIDE REDEMPTION IS COMPLETE AND EVERYTHING IS DONE



ROBERT: THAT IS MY UNDERSTANIDNG



R: AFTER 8AM CHINA WHICH IS NOW



s. GCR IS SCHEDULED TO COMPLETE AFTER 8:00 THURSDAY AND 8 AM CHINA 
THEORY IS THAT EVERYTHING IS COMPLETE AND WAITING FOR NOTIFICATIONS AND TOLL FFREE NUMBERS



S: INSTRUCTURED PAYOUTS WILL BE ESTABLISHED FOR ALL CURRENCIES.



R: THESE STRUCTURED PAYOUTS ARE FOR OUR BENEFITS. AMTS WILL BE VERY VERY HIGH. THE MOTHERLODE OF YOUR TRANSACTION WILL BE TAKEN CARE OF MY WELLS FARGO. AND WILL CREATE A SKELETON TRUST



B: YES. MOTHER LOAD OF YOUR TRANSACTION WILL BE IN THE BANK AND SKELETON TRUSTS WILL BE AVAILABLE AS A VEHICLE TO KEEP THE MONEY SAFE



R: TO KEEP THE MONEY SAFE



B: IT IS A BARE-BONES TRUST TO PROTECT YOUR WEALTH 
TO PROTECT YOUR CURRENCY AND BE A BENEFIT IN PLACE. THE BANKS KNOW HOW TO DO IT AND WILL BENEFIT YOU IN WAYS HE CAN'T GO INTO NOW.



S; THERE WILL BE SPECIAL STRUCTURED PAYOUTS FOR REDEEMERS



BRUCE: AS I UNDERSTAND IT



BRUCE: SINCE THE STRUCTURED PAYOUTS WILL BE USED ON ALL 3: DINAR, DONG AND ZIM. W/O GOING INTO 
THIGNDS THAT MIGHT CHANGE...AT A CERTAIN LEVEL OF EXCHANGE FOR DINAR.... AT A CERTAIN LEVEL.. YOU COULD QUALIFY FOR A 
STRUCTURE FOR 48 MONTHS.....SAME FOR DONG - 24 - 48 MONTHS.



ZIM 24 - TO 48 MONTHS, SOME CAN BEW LONGER



B: BECAUSE THE AMOUNTS WILL BE OF THE SIZE THAT THEY WILL BE, STRUCTURED PAYOUTS WILL BE THERE BASED UPON A CERTAIN THRESHOLD--WHICH IS SUBJECT TO CHANGE--NET AFTER YOUR EXCHANGE YOU MAY QUALIFY FOR STRUCTURED PAYOUT FOR 24 - 48 MONTHS ON BOTH DINAR AND DONG. ZIM IS SET UP FOR 24 -48 MONTHS AND SOME UP TO 5 YEARS



S: #16 ZIM REDEEMERS WILL BE ASKED ABOUT HUMANITARIAN PROJECTS 
BANKS ARE SEEKING REDEEMERS WHO WILL DO 75% OR MORE FROM THE ZIM EXCHANGE ONLY - FOR HUMANITARIAN PROJECTS....



STRUCTURED PAYOUTS WILL BE LOW ENOUGH FOR YOUR HUMANITARIAN PROJECTS 
SUBJECT TO CHANGE I BELIEVE IT WILL BE 5 YEARS



B: IF YOU PLAN TO USE 75% OF YOUR ZIM PROCEEDS FOR HUMANITARIAN PROJECTS, THEY WILL GIVE YOU LOWER PAYOUTS FOR YOUR PROJECTS--BRUCE BELIEVES IT TO BE 5 YEARS 
DEPENDING ON AMOUNT. WILL HAVE ACDCCESS TO A PORTION OF THAT 
YOU COULD GO LONGER W A STRUCTURED PAYOUT, TO BEGIN FUNDING YOUR PROJECT RT AWAY.



B: YOU CAN GO LONGER BEFORE YOU GET ACCESS TO IT, BUT YOU CAN ALSO GET FUNDING EARLIER IF YOU NEED IT



B: IF YOU ARE 60 OR OVER, T HERE ARE SPECIAL CONDITIONS WHERE YOU CAN RECEIVE PAYOUT FOR 
BENEFIT OF THOSE FOR THAT AGE OR OVER 
SECURITY IS AT HIGHEST ALERT LEVEL POSSIBLE



S: SECURITY IS AT ITS HIGHEST ALERT LEVEL POSSIBLE



B: WE COULD COMMENT ON THAT, BUT WON'T. WE ARE TRYING TO KEEP EVERYONE SAFE FOR THIS PROCESS. 
(WOW) B: MEASURES HAVE BEEN TAKEN TO KEEP ALL SAFE REDEEMING CURRENCY, AND BACK TO YOUR BACK W MEETING W WEALTH MANGERS



B: PLANS TO KEEP SECURITY IN PLACE



S: REDEMPTION CENTERS ARE FULLY STAFFED FOR 2 FULL SHIFTS PER DAY.



S: REDEMPTION CALL CENTERS AND OFF SITES ARE FULLY STAFFED 12 AM AND 12 PM 
EMPLOYEES ARE ON LOCK DOWN AND SORT OF BLACK OUT



B: I UNDERSTAND THAT THESE EMPLOYEES ARE ON 12 HOUR SHIFTS 
CALL CENTERS AND REDEMPTION CENTERS ARE ACTRUALLY ON 12 HOUR SHIFTS, ON LOCK DOWN....



r: YES, THEY ARE ON 12 HOUR SHIFTS AND LOCKED DOWN FOR COMMUNICATION



19. NEW CHINESE GOLD STANDARD WILL STEP AWAY FROM BRITISH TROY OZ



s: #19 THE NEW CHINESE GOLD STANDARD ARE EXPECTED TO USE A NEW UNIT OF MEASURE AND STEP AWAY FROM THE TROY OUNCE 
NEW THING IN BEIJING, HAVE SET PRICE, FOR GOLD, THE PRICE OF GOLD IS GOING TO APPEAR MUCH LOWER ... THAN THE CURRENT PRICE IN TROY OZS 
SO THE ACTUALY VALUE IS GOING TO VARY



b: I UNDERSTAND THEY ARE GOING AWAY FROM THE TROY OUNCE. BY DOING THAT, THE PRICE OF GOLD IS GOING TO APPEAR MUCH LOWER THAN THE CURRENT PRICE IN TROY OUNCE. 
WE'VE SEEN ALREADY THE MKT START TO SHIFT BECAUSE THIS HAPPENED THEROUGH BEIJING



B: WE HAVE ALREADY SEEN THE MARKET START TO SHIFT BECAUSE OF THIS MOVE THROUGH BEIJING 
DIFFERENT CLASS AND CATEGORY 
CHINA TRYING TO GET THE PRICE OF GOLD DOWN TO A MORE USER FRIENDLY PRICE



B: BECAUSE THE UNIT OF MEASURE IS DIFFERENT. CHINA IS TRYING TO GET THIS DOWN TO A MORE USER FRIENDLY PRICE. 
B: SEEKING ITS OWN LEVEL JUST LIKE WATER SEEKS ITS OWN LEVEL



20: ALL CURRENCY RELEASES HAVE BEEN ANNOUNCED ALREADY: CHRISTINE LEGARDE, JACK LEW, IRAQ POSSIBLY



R: YES. CHINA STARTED WITH GCR ANNOUNCEMENT 
LOTS OF ANNOUNCEMENTS - HISTORIC ANNOUNCEMENTS



r: FOLLOWED BY LEGARDE AND MANY OTHERS



S: HAS BEEN 1 YEAR SINCE TRN MOVEMENT HAS BEEN COMPLETED
 
S: IF HAS BEEN A YEAR SINCE THE TRN MOVEMENT BEGAN



R: CORRECT. 
30TH DAY SINCE IRAQ DID THEIR DEAL - THEIR RV. ROBERT THINKS 30 DAYS AGO THEY HAD TO SHOW RATE 
r; THIS IS ALSO THE 30TH DAY FROM WHEN IRAQ DID THEIR LAST RV CHANGE RATW



21. CHINESE ELDERS ARE INTENDING TO RELEASE CODES SOMETIME THURS EVENING



#21 CHINESE ELDERS INTEND TO RELEASE RV CODES TONIGHT OR TOMORROW MORNING



B: WHAT WE UNDERSTAND... THE TOTAL RELEASE CODES 
@22 BASED UPON THE LASTEST INFORMATION, THE HIGHEST RATES WILL BE OFFERED AT CERTAIN WF LOCATIONS



22: THE HIGHEST CURRENCY NUMBERS WILL BE RELEASED 6 DAY MARGIN....PRES. LAW: SO CALLED HIGH RATES



B: WE BELIEVE THEIR IS GOING TO BE A 6 DAY WINDOW WHERE THESE HIGH RATES WILL BE GIVEN 
WILL BE DONE ONLY THROUGH THE LEAD BANK: WF



#23 EVERY ZIP CODES WILL HAVE 2 REDEMPTION OPTIONS. SOME WILL HAVE MORE.



23: POPULATION DENSITY WILL DETERMINE HOW MANY / WHAT KIND REMEPTION CENTERS FOR THE POPULATION



23: POPULATION DENSITY WILL DETERMINE HOW MANY / WHAT KIND REMEPTION CENTERS FOR THE POPULATION



B: ONE MIGHT BE A BANK AND ONE RC---OR MIGHT BE 2 RC AND NUMBERS EXPECTED



24: FULL MOON REACHES IT'S PEAK AT 10:23 PM PACIFIC 
SIGNIFICANCE OF FULL MOON : CHINESE TIE INTO NATUAL ENHANCED ENERGY SIGNIFICANCE



s: SIGNIFICANCE IS THE CHINESE TIE INTO LUNAR AND NATURAL ENERGY CYCLES WHEN DOING SOMETHING THIS SINIFICANT



R: LIKE IN THE BIBLE: WE JUST HAD THE 4 BLOOD MOONS OCCUR LIKE IN THE BIBLE. GOD CREATED IT THAT WAY



S: IT'S SACRED!!



B: CHINESE TIE INTO THE SACREDNESS OF THIS EVENT!! 
CONNECTEDNESS



25: B: WE DON'T KNOW IF THIS IS SIGNIFICANT OR NOT: DIFF SCENARIO OF WHAT WE ARE IN OR NOT. KUWAIT CHARTER - AT THE TIME THERE WAS A LOAN MADE TO KUWAIT. THEN 6-8 HOURS LATER THEY REVALUED!!!!



S: #25 ITS A DIFFERENT SCENARIO WITH IRAQ---WITH KUWAIT, STANDARD CHARTER WAS TIED TO THEIR EXCHANGE THROUGH LOANS



B: LOANS WERE MADE YESTERDAY TO IRAQ FOR LOANS 
YESTERDAY OR TODAY THE IMF MADE LOANS TO IRAQ!!!! SO WE ARE HOPING THIS IS A PARRALLEL!!! THE WORLD WIDE ANNOUNCEMENT AND TRADEABILITY MAY BCOME OUT IN LIKE MANNER



B: PARALLEL IS BEING DRAWN



S: RV IS BEING CALLED 4/21/16.



B: THINK THIS IS SIGNIFICANT BECAUSE OF THIS TIMELINE 
INTERESTING COMPILIATION OF THINGS WE THINK IS BEING CORRALLED



S: SHOUT OUT TO INTEL PROVIDERS FOR EVERYTHING



B: BASED ON INTEL ON ALL OF THIS INFO, IN A MODE OF ANTICAPAAAATION..... IN A GREAT PLACE - CAN'T CALL IT....WE ARE JUST SAYING



B: BASED ON INTEL THEY ARE GETTING---IN A MODE OF ANTICIPATION OF THIS HAPPENING---NOT CALLING IT---JUST SAYING POINTING TOWARD IT GOING VERY QUICKLY

Bruce Call Notes via WingIt

( LADYB COPIED AND PASTED THE NOTES. THANK YOU LADYB.
PINKROSES TRANSCRIBED THEM ON TNT SITE)
 

Bruce call: We need each other, love doing this call with others, we need you out there listening and being there for us, thank you each Tuesday and Thursday night.

 
 
 
 
 
 
 
Bruce call: Bruce opening call with prayer
 
Bruce: Bruce: Tonight special call with Guest speaker Sue, and guest speaker Bob, and Kent
 
Bruce call: Kent Lesson, then prayer requests
 
Bruce call: Bruce and Kent discussing teaching lesson
 
Bruce call: Praise reports and Prayer requests now
 
Bruce call: Bruce: Intel now
 
Southcomfort transcribed this comment:  Europe becoming liquid in morning their time, midnight eastern our time
 
Bruce call: Bruce: Tonight different how we do this, collection of intel from various sources. Put it in 20 points.
 
Bruce call: Sue: to be ethical, this is the best collection of intel we have worked hard to gather, Intel providers gave us is very connected, reputable, fortunate to have it. It is intel in the moment, it is fresh. best we can come up with at this moment.
 
Bruce call: Bruce: Realize this this collaboration is something that info is we have and we are putting out. Understand that we definitely try to use discretion, try to put out info without putting out things ultra-sensitive, or going over the line in certain areas.
 
Bruce: No rates or dates, try to be ethical. receive this info in that light.
 
Bruce call: Sue: We are giving dimension to it. Bruce: We are sort of in the moment. down to a close proximity. Take the info, apply as you see fit.
 
Bruce call: Intel 20 Points
 
Bruce: #1: China announce new gold price, #2 The Chinese Yuan went gold back same moment #3 Global oil price and ? were settled 3 hours later Monday night.
 
Bruce call; Expected tomorrow morning
 
Bruce call: High rates available first 5 days, off site redemption locations
 
Bruce: rates high limited time, nothing new. the people want us to get in, get exchanges done. WF lead bank, working very carefully with HSBC, and other International banks.
 
Bruce call: 800 numbers can come out anytime but expected wee hours of the evening to ease the flow of appt setting.
 
Bruce call: 800 numbers put out in form of emails, and judicially intel providers and sites
 
Bruce call: Sue: Are you one of those intel providers? Bruce: some people think, but I not been informed. If so send to our site, we put them on our website under our bank tab.
 
Bruce call: Sue: Are you one of those intel providers? Bruce: some people think, but I not been informed. If so send to our site, we put them on our website under our bank tab.
 
Bruce call: Bruce: If they want me to.
 
Bruce: #9, Zim very valuable, be given initially 36 hours preference. Bruce: If you have Zim let people know that this is one of your currencies. They put you head of the class. Put you in appt sooner than later. They want to get the zim more quickly
 
#10, Zim will have a longer structure payout period, and skeleton trust if you dont have a trust at time of exchange
 
Bruce: I am not an attorney, cpa. What we understand, banks are prepared to put together, a skeleton trust, basic trust, to keep funds secure until you come with your own, or add to, or a trust above this trust.
 
Bruce: You will get with your WM on, to put together, they will have the resources to put together. get done before walking out of redemption center.
 
#11: IQD-dinar VND-dong, IRR-rial,. IDR-Indonesian rupiah, AFA =afghan ZIM-zimbabwe
 
Bruce: possible minimum 2 year structure payout with other currency other than the zim
 
Bruce: Sue: no rates or dates, the value has gone up, this process going to be easy, feel safe, the banks going to provide you those more valuable rates.
 
Bruce: The rates very good, nobody needs to negotiate anything. going to be quite spectacular
 
Bruce call: if not want structure rate, can redeem later, there be a time frame for groups and others to set appt, period of time initially, after which time, the John Q public they be able to exchange after that with bank screen rates, or international rates
 
Bruce: appt time about 36 minutes. New us gold back system been established
 
#15, all public and private project leaders ready and completed for global release
 
#16, US dollar and federal bank notes no longer recognize last week. Bruce: that is referring to the fiat. They already made the transaction to the new dollar that is backed by gold and other assets
 
#17, all security forces in place currently in exchange centers, inside and outside and beyond
 
Redemption staff on lock down all week, all ready.
 
#19, performance time kept secret
 
#20, 16 million currency holders, no cap. All set, plenty of equity, funds in place, all set, all compete from equity stand point.
 
Bruce call: next thing on agenda? Sue: post RV reality
 
Pinkroses.  sorry if I missed some numbers
 
bruce call: Sue: talking about her book
 
Bruce call: Kent discussing his plans post Rv and giving suggestions how to have new mind set post RV
 
Bruce call: Sue discussing to have the mind set
 
 
Bruce: the exchange itself, the banks will make it as fun as a transition as for us. Best interest to work with us as partners. That is how I going to look at it. Enjoy, have fun, new world you going to walk into.
 
Bruce: Embrace the transformation you’re going to walk into. No fear, walk into with faith, confidence. I am sure all come out as fine on other side.
 
Bruce: Ask for guidance to ask right questions and hold you during whole experience. Look forward to Thursday night to go more into this.
 
Bruce call: Kent praying call out.

rcookie and member chat

hub says(): used my snow blower last evening, picked up a rock, threw it against the house, wife was setting on the porch having a 44 oz dr pepper and it scared her, she dropped it on the cat, it jumped up and and clawed the dog, since it was 70 degees my wife was letting her $500 parrot get some sunshine, the dog knocked the cage over, the bird flys to the nearest tree.... i climbed up to get it, the bird flies back to the cage and i fell out of the tree.... im ok, but i hate that durn snowblower and will never get in out again.....
 
rcookie says():   The Secretary-General of the Union of Arab Banks, that "Iraq needs to develop the banking sector and infrastructure and the system of information and training for capacity building," revealing "an intention to hold an investment conference in Iraq under the title of (Iraq Economic Forum)."
 
And between Fattouh, that "preparations are underway to hold the conference," returned him "a good opportunity to bring Arab and foreign investors to Iraq, opening the door for investment in Iraq's banking sector."
 ~~~



rcookie says():YOU GUYS MISSED A LITTLE PART.......
larrykn says():wmawhite I feel the rate and article8 will be one after the other was what I was trying to say sorry
 
rcookie says():WHAT WAS THE MAJOR ANNOUNCEMENT RELEASED ON 1/7/16 IN ADDITION TO GOLD COINS PROGRAM........
cjquade54 says():bonds?
 
rcookie says():CBI ANNOUNCEMENT
rcookie says():ONE OF THE MOST IMPORTANT ANNONCEMENTS....EVER...
cjquade54 says():cbi loans to goi?
 
rcookie says():THE ANNOUNCEMENT OF CHANGING FROM UNIFORM ACCOUNTING STANDARDS..TO IAS...INTERNATIONAL ACCOUNTING STANDARDS.......
cjquade54 says():that was my next guess lol
 
rcookie says():WHICH IS COMPLETELY NECESSARY IN DEALING WITH PUBLICLY TRADED COMPANIES......
bigrudy says():does anyone know if the 50k are in circulations?
 
rcookie says():IFRS...INTERNATIONAL FINANCIAL REPORTING STANDARDS....
cjquade54 says):big time moves to international status
 
jimplants says():WHEN IS THE DATE OF THIS FORUM I MISSED THAT
tbob says():MD foretold of this long ago ... what to be on the watch for ... most poo pooed her ... and here it is right in front of us! Whoopow!!!
 
wvchsr says():ge all. is there nt tonight?  (news time)
cjquade54 says to wvchsr():there is nt right now
 
rcookie says():SO READ THIS........
nromeo says():they are far from being in 2% compliance aren't they or are they?
wvchsr says to cjquade54():i'm standing beside myself with all the good info coming out

rcookie says():"the agreement signed today, provides short on the commitment of Arab Banks Union set up a training important program for the sector of the Iraqi banking, bring Arab and foreign expertise to Baghdad and prepare capacity building in subjects related to international accounting standards and to combat money and CFT program."

 
rcookie says():prepare capacity building in subjects related to international accounting standards and to combat money and CFT program."
 
watchman42 says():just woke up and now this. sparks are flying off of my brain! can't take it all in right now. LOL
 
rcookie says():AGAIN...AML...CFT ...AND FinCEN COMPLIANCE....
 
rcookie says():CFT= COMBATING FINANCING OF TERRORISM....
 
rcookie says():ANYBODY STILL THINK ANY OF THIS WAS REMOTELY POSSIBLE WITHOUT ALL OF THESE MECHANISMS IN PLACE 2..3..4..10...YEARS AGO....
larrykn says():not even 6 months ago
 
rcookie says():THHEY WOULD HAVE REVALUED THEIR CURRENCY AND LOOKED EACH OTHER GOING..."UH OH...OK NOW WHAT DO WE DO."...
 ~~~

Kaperoni claims they have confirmed the plan is to raise the value of the dinar.

Kaperoni  

Kaperoni   Article quote:   "A member of the Economic Committee in the House of Representatives Ali Sobhi al-Maliki said his committee held a meeting with Governor of the Central Bank of Iraq, where the latter stressed that it is not possible to raise the value of the Iraqi dinar against the dollar."   

IMO this is a great article because even though they can't at this time, they are confirming (of sorts) that the plan is to raise the value of the dinar. 



Press Release:

 "IMF Managing Director Approves a Staff-Monitored Program for Iraq"  Here is something really key...from a chart on page 32.  The CBI was suppose to accept Article VIII in 2012!  That was exactly when Shabibi was run off.  "October 2012   Article VIII acceptance"  Over 3 years behind schedule!  Quotes: "19. The government will maintain the Iraqi Dinar’s peg to the U.S. dollar..." "20.   ...Such a move towards acceptance of the obligations under Article

 VIII of the IMF’s Articles of Agreement will send a positive signal to the investment community that Iraq is committed to maintain an exchange system that is free of restrictions..." 

 IMO, though #19 says..."maintain the Iraqi dinar’s peg to the U.S. dollar" I do not believe that will be the case once they have moved to Article VIII...since this move will invite investment to Iraq (open the door to the new wild west of investment), it will create inflationary pressure.

As a result, the dinar must float to compensate. In any event, once they are in Article VIII, the pressure created on Iraq's economy, will cause the dinar to rise in value (Balassa Samuelson effect)...so we should be very optimistic and excited that Article VIII appears to be coming this year.

39 Signs the Global Elite’s Ship is Sinking

39 Signs the Global Elite’s Ship is Sinking

Let’s take a look at some of the major stories that have occurred in the last few months. Piecing the puzzle together, we see that the jig is up and the events surrounding it are growing in size and speed.




3rd October 2015

The Final Word

This revolution WILL NOT be televised.


http://wakeup-world.com/2015/10/03/39-signs-the-global-elites-ship-is-sinking/