Category: Dinar Recaps

Reposted Per Request: “Example of Exchange Apt. Checklist”

Exchange Checklist- from TNT  (Author Unknown).  You may want to modify or make a copy  to fit your own individual needs

Exchange Checklist

Bank appointment for Currency EXCHANGE Instructions/Checklist

Bank Name_________________________________________

Bank 800#__________________________________________

“I am calling to schedule a foreign currency exchange”

My name is ___________________________________________

My zip code is __________________
….

My e-mail address is (If they ask for it) ________________________________

I have ________________________ IQN (Iraqi) currency

I have ________________________ VNN (Vietnamese) currency

I have ________________________1000 notes from 2000 of IDN (Indonesian) currency

I have _________100 Trillion, ________ 50 Trillion, _______ 20 Trillion and _______ 10 Trillion  2008 AA notes of ZWN (Zimbabwe) currency

FILL IN THE BLANKS for EXCHANGE appointment information that you get from call the
center representative:

Your appointment Information:

Date _________________________

TIME _________________________

The Location _____________________________________________________

The Day of Your Appointment Things To Do

1. Make sure you know where you are going. Arrive early so you can “get yourself together, take a deep breath”. Do not loiter. If you are too early, stay SECURELY in the general area but not in the bank parking lot!

2. Remember to get in and get the EXCHANGE done, there a lot of other people behind you in line so be thoughtful of their time as well. You will have time for questions at your second appointment with your new Private Banker/Wealth Manager.

3. Be discrete, be professional, and be alert and aware of your surroundings. BREATHE! Seriously consider hiring security to accompany you to your appointment or bring a trusted friend.

4. Collect business cards from everyone or take their name and phone numbers as well as the location of their regular branch office.

5. Read and Sign the NDA. If it is simple and states you cannot tell anyone except your spouse, lawyer, or CPA (These are the people that need to know how you came about your money for tax purposes) how you came about all of your new found wealth, sign it and move forward with your exchange. Be prepared to uphold it! If you break the terms, you could lose your new found wealth. If the NDA is more complex and you are not comfortable with it, simply let them know you would like to explore your options with another banking institution. They may or may not waive the NDA. REMEMBER TO GET A COPY OF THE NDA IF YOU SIGNED IT.

The Day of Your Appointment Things NOT To Do

Do not demand anything while at the bank or act like a lunatic, you will be escorted out.

Remember the Golden Rule “Treat others the way you wish to be Treated”!!!


Items to Bring to the EXCHANGE Appointment

(Check off the list as you put all items needed together to make sure you remember everything)

Driver’s License

Second form of ID (a credit card or passport)

Your most recent utility bill (Water, power, etc.) to confirm residency in case you have never held an account with the bank you will be exchanging with or for another form of ID

Power of Attorney Paperwork (If you are exchanging for someone else)

A pad, pen to take notes, calculator

Receipts for all currency purchased or gifting letter if they were a gift in case they are needed (Do not offer them, only do so if they are requested)

IQN / VNN / IDN/ ZWN currency

If you have reserves (take proof of them), know the amount needed and the wiring instructions from your Dealer to do a wire transfer (Company name and account information for wiring) or get a cashier’s check (Company name) in order to pay them off

Have your TOD designees (Transferable on Death) full legal names, phone numbers, addresses and Social Security Numbers written down that you want listed on your accounts. You can have multiple TOD designations per account (Wife/Husband, Children, Grandchildren, Nieces/Nephews, etc.)

Have a list of Cashier’s Checks you will need, if any, along with the exact amounts and who they need to be Payable to

Decide in advance if you will be requesting cash for “Pocket Money” before hand and how much.

DO NOT get more than $9,500 unless you would like Uncle Sam to visit you. Also remember the more you take with you, the bigger the target you are for thieves! BE SMART!!! Do you have a safe to store cash in????
 
Know the ceiling rate!!! Make sure you do not get hit with a Spread Fee! If you do not like the spread fee they are charging simply let them know (In a Professional manner) you will go to another bank.

New Account Numbers for each Currency EXCHANGED (DO NOT EXCHANGE ALL CURRENCIES INTO ONE ACCOUNT, OPEN SEPARATE ACCOUNTS FOR EACH CURRENCY!!!!)

Name of Bank Exchanger ____________________________________________

Bank ____________________________________________

Branch ___________________________________________

IQN Checking Account Number__________________________________________

IQN Checking Routing Number __________________________________________

IQN Savings Account Number (Deposit 50% of your Exchange for Taxes just in case and do not touch until Tax Time) _________________________________________

Add TOD (Transferable on Death) Names to Accounts (Checking and Savings) Make sure you receive copies of the deposit slips and all account information Get Clean and Clear Certificates – at least 10 or more (Documentation that your money is not
tied to anything illegal)

Get starter checks if needed until your checks arrive Get ATM card if you want one Set up Online Banking if wanted Inquire about Extra Insurance for your funds

VNN Checking Account Number__________________________________________

VNN Checking Routing Number __________________________________________

VNN Savings Account Number (Deposit 50% of your Exchange for Taxes just in case and do not touch until Tax Time) _________________________________________

IDN Checking Account Number__________________________________________

IDN Checking Routing Number __________________________________________

IDN Savings Account Number (Deposit 50% of your Exchange for Taxes just in case and do not touch until Tax Time) _________________________________________

ZWN Checking Account Number__________________________________________

ZWN Checking Routing Number __________________________________________

ZWN Savings Account Number (Deposit 50% of your Exchange for Taxes just in case and do not touch until Tax Time) _________________________________________

DID YOU GET A COPY OF YOUR SIGNED NDA?

Set second appointment with a Private Banker or Wealth Manager (The bank will guide as to who you need to speak with based on your EXCHANGE/ deposit amount

This appointment will be the one in which you discuss all of your options for investment and
your “perks”

Private Banker Name__________________________

Telephone Number____________________________

Appointment time ______________

Location _____________________________

Notes:

__________________________________________________

__________________________________________________

__________________________________________________

The American Game  By JC Collins

CULTURAL, ECONOMICS

THE AMERICAN GAME

NOVEMBER 19, 2014 JC COLLINS

IMF Reforms and the Keystone XL Pipeline   By JC Collins

Yesterday I spent the majority of my time updating KPI Reports on one screen and watching the Senate debate on the Keystone XL Pipeline on another. 

 Now I know politics are absurd at best, but this so-called “debate” was about as factual and informative as Saturday morning cartoons.

The Democratic Senator from California Barbara Boxer lead an emotional charge in opposition to the bill, but her frequent references to the Koch Bros. and display of child like protest signs, such as “The Misery of the Tar Sands” are more telling of the real story as opposed to the trendy storyline of climate change she presented.
~~~
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Equally disparaging and irrelevant were the defenders of the pipeline, none of which presented any factual information based on industry “best practices” or factual resource data. 

The fact that both sides congratulated each other at the end on an “excellent debate” which was “much needed” doesn’t change the reality of the school yard nature of the Senate discourse.

Long gone are the days where politicians aspire to greatness, not for themselves, but for the people they represent. Long gone are the days where politicians compose accurate platforms based on the selfless desire to promote a common efficiency.

Here in Canada the delay in approving the Keystone XL Pipeline is not as news worthy as down in the US.  Yes, it will be cheered when it finally gets approved in January, and it will, but those in the Oil Sands Industry already understand that the oil is being transported to the Gulf refineries through multiple methods, such as existing pipelines and rail cars, as well as new pipeline construction which simply flies under the radar because it doesn’t have the political “leverage” that Keystone does.

Additionally, plans for east and west pipelines are in the development stage as well as the construction stage.

The Democrats reluctance to pass a Keystone bill has more to do with where their funding comes from as opposed to the manufactured and manipulated data which they use to promote their anti-Keystone position.

Goldman Sachs was a huge sponsor of Obama but was also heavily invested in the so-called “shale oil boom” which is said to make America energy independent.

In 2012 Goldman reversed its positions and began to finance Republicans as the winds had shifted along with the shale depletion rates and global oil markets. Today, we are seeing the broader implementation of the expected deflation from the QE policies of central banks around the world.

See:http://online.wsj.com/articles/SB10000872396390444752504578024661927487192

And: http://www.reuters.com/article/2014/10/27/oil-forecast-goldman-idUSL4N0SM08A20141027                       

What isn’t being stated is the shale oil well depletion rates are as high as 80% to 90% in the first 12 to 24 months. 

This depletion rate ensures that initial production numbers are unsustainable and it is the clearest indicator that the shale revolution will end rather suddenly for America.

As global oil production begins to decrease further, we are likely to see prices rise again, but this is being offset currently with the heavy deflationary momentum created through the QE policies.

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Oil production rates are declining and will continue to decline in the coming decades. 

The argument for peak oil conspiracy is somewhat misleading as there isn’t an infinity amount of resources in our finite environment, and any process of resource replenishment will take multiples of years longer than our ability to use and decrease the existing deposits.

Picture

The need for energy in the coming years will increase which is why we are witnessing the resource wars and positioning which are taking place today.  

Companies with vested interests in specific regions and nationalities are strategically positioning themselves for resource production and marketability.

The battle for control of the European natural gas market reached an interesting conclusion yesterday when none other than Henry Kissinger stated that Ukraine will not be joining NATO and that economic sanctions against Russia were a mistake.

This fits with our analysis that US industry interests exchanged Europe for the strategic resource deposits in the Middle East.

Even within the Middle Eastern region we are witnessing the dividing of deposits, or at least the denomination which deposits are sold in on the world market.  If oil is sold to China it will be sold in yuan, and if oil is sold to the US it will be priced in dollars.

The move towards denomination balance in world trade is reflective of the emergence of the multilateral financial system.

As discussed in many previous posts, the renminbi will be added to the SDR basket composition by next July, and the 2010 IMF Quota and Governance Reforms will be implemented whether the US Congress passes supporting legislation or continues to refuse to honor the agreements that were made back in 2010.

The possibility was considered that the Republicans in Congress would pass a version of the IMF Reforms which didn’t contain the IRS Rule Changes that were directed at reducing the political influence of the Koch Bros, in return for a symbolic win by having the Democrats pass a Keystone bill which would fast track the last segment of the lines construction.

The fact that Keystone was once again rejected by the Democrats is a very strong indicator that the IMF Reforms will not be passed before the January 6, 2015 transfer of power in Congress. This goes against the demands of the IMF, US Treasury, and G20 countries, as stated in the summit in Australia last week.

In the post Renminbi  and the Alternative IMF Reforms, we reviewed how the 2010 Package could be separated into individual components and implemented independently, which would bypass any required congressional approval.

Additionally, in the China Daily article titled XI Backs Higher IMF Standards it is stated that China supports a “global infrastructure center” and will subscribe and support the SDDS, or Special Data Dissemination Standard, of the International Monetary Fund.

Representatives from the IMF and China will be meeting in early December to review the procedures associated with the SDDS.  The SDDS is an important aspect of internationalizing the RMB because it builds a proper reporting structure for international transactions and will further secure China’s credit rating.

The internationalization of the renminbi will be realized when the currency becomes fully convertible.  The initial expectation was that the RMB would be added to the SDR basket composition in 2020, but the internationalization process has been increased to allow for a 2015 addition. 

The emerging market for RMB denominated liquidity is supporting this internationalization process, as defined in the creation of the BRICS Development Bank and the RMB denominated gold contracts issued by the Shanghai Gold Exchange, as well as the Bi-Lateral Swap Agreements with central banks around the world.

This indicates that the IMF will include the RMB in the SDR basket before full internationalization and convertibility is achieved.

The delays from the US Congress to pass the 2010 Reforms is forcing the IMF and G20 countries, including the BRICS countries, to design and implement alternative structures and processes to build the SDR liquidity framework.

For more detailed information on the internationalization of the renminbi refer to the IMF Staff Report on The People’s Republic of China, dated July, 2014.

The reluctance of the Republicans in Congress to pass the 2010 Reforms has isolated the US on the global financial scene.  The expectation that this will change after January 6th could be wrong, but what benefits would the GOP gain by further delaying the reforms?

The fact that the Democrats hanged one of their own yesterday is very telling of the stubborn and defensive attitude which has developed in American politics over the last 6 years. 

Democratic Senator Mary Landeau brought the Keystone bill to the floor in an effort to save her Senate seat in a run-off election in a few weeks.  The other Democrats who voted against the bill had nothing to gain by voting against the bill, outside of covering their own positions in the next mid-term election. 

To think any of them really care about the environment and American fuel prices is nonsensical in the face of all the other political farces and outcomes.

The Keystone bill will get approved in the new year as one of the first acts of the new Congress.  The Democrats must of let one of their own hang for reasons that are not obvious at this time.  How the IMF 2010 Reforms play into this is unknown but we can discern much from the lack of media attention given to the issue.

What case can the Republicans make in the new year for delaying the reforms further? Or will they simply fast track their own version of an IMF bill with the Keystone approval attached?

This would create leverage to eliminate any administrative veto to Keystone, in the event the required amount of votes are not gained to remove the threat of a veto all together.

Whatever your thoughts on the IMF Reforms and Keystone may be, the reality is that the rest of the world is demanding the reforms be implemented without further delay. Do the Republicans have the political capital and international influence to continue holding the world ransom?

Highly unlikely.  And if they do continue to delay than we can assume that the plan is to create a situation where the US influence and dollar are removed from the IMF under the umbrella of a de-facto financial coup which could prove to be the convenient cause and effect of the QE orchestrated deflation and liquidity crisis.

The position of the USD on the world stage is still viable and strong, as the foreign reserve accounts of central banks around the world have continued to increase their dollar holdings. 

Sure, the composition of these reserves has changed as RMB and SDR’s have been added to the reserves, which has served to lower the overall USD percentage of total reserves, but the world cannot turn completely against the US or the dollar.

The game being played is intriguing and fraught with increasing chances of randomness.  At some point this randomness will be eliminated and the process will continue under the more visible framework of the multilateral financial system. Needless to say there will be  much speculation and brinkmanship in the coming months.

How the amnesty issue will factor into the negotiations on Keystone and IMF Reforms between the political parties in the US is difficult to imagine or determine. The Democrats obviously want the votes this would gain them in the next presidential election. The thought of having the Republicans control the White House and both the Senate and the House in 2 years time is something the Democrats would want to avoid if possible.

But does the rest of the world even care?  With US military spending being reduced and the hegemony being shifted in the world, other countries may care little for American political bantering and industry and corporate interests.

There is a big piece to this puzzle missing. Let us be watchful and keep researching and analysing in search of that which remains hidden.  Maybe I’m weird, but this is the most interesting and intriguing story in decades. The world is about to change and very few even know its happening. – JC

http://philosophyofmetrics.com/2014/11/19/the-american-game/

Friday Afternoon Dinarland Chatter

Stage3alpha:

R.V. / GCR November 21, 2014 at 12:08pm  Did anyone see anything significant at the chicago mercantile this morning? What does it mean….? It means the path is cleared for groups to start…Timber

R.V. / GCR November 21, 2014 at 12:57pm  That was a few salt bond purchases and sold this morning at the Chicago Mercantile, not our key factors in your RV GCR… it is because these are now completed.  this whole process can now move forward… we are still seeing Monday has the nearest opportunity for a public exchange. …do not let anyone steal your joy.  have a great weekend . things are about to get good finally .  timber kids

R.V. / GCR November 21, 2014 at 2:02pmthere is a meeting going on this weekend with oz. the entire plan for this meeting is to eliminate the protocol for which the corporation [franchises] you to make money.  The outcome of this meeting will be the new protocol for whether or not corporations will be able to continue in their ill gotten way or if they will be required under some new more than parents rights to profit. at the end of today’s meeting is a very good opportunity for your RV /GCR to become real.

….

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LEM November 21, 2014 at 3:13pm (Copied From Twitter)

JC @JCR3758 DON’T get worked up and expect it now, today. Let it roll out as planned. The info will be made available to all as we get it & r authorized

JC @JCR3758 ·There is the possibly that we may see the STARTof the public exchange this weekend but should before Tksgiving. Stay calm & professional.

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G T November 21, 2014 at 2:42pm More Clues………

Time to say GOODBYE to the PETRODOLLAR!!!!

Time To Say GOODBYE to the STRAWMAN!!!

Dust Off the Plans You’ve Been Working On so you don’t Get CAUGHT IN THE MAZE!!!

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TNT:

Changeagent920:  suddenly yahoo finance is reporting that 211,000 more people have 30 m​illion dollars or more……..wonder how that happened

http://finance.yahoo.com/news/how-the-wealthiest–004–made-their-mone​y-153602369.html

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GET:

Topic: Being powerful is like being a lady… If you have to tell people you are, YOU AREN’T! ~ Margaret Thatcher

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Dinar Updates: 

Poppy3   Article:  “Abadi calls for global investment firms to return to Iraq Date”  

WE ALL KNOW THE INVESTMENT FIRMS WILL NOT RETURN UNTIL A NEW RATE GIVES THEM SOMETHING TO TRADE ON.  

HOWEVER IT IS VERY ENCOURAGING THAT THE PM IS ASKING TODAY FOR THEM TO COME BACK INTO IRAQ.

LETS HOPE THEY ARE ABOUT TO RAISE THE RATE AND ARE INFORMING TRADERS WHEN THEY WILL HAVE A ACCEPTABLE RATE

Poppy3 i think the next 24 hours and then beginning monday morning for 48 more hours will really shed some light on our status pertaining to our rate increase timing.

[The month of November sure seems to be bringing Christmas early?]

Poppy3 :  very very possible. NOT sure how probable but for sure very possible.

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tman23  If you are offered an exchange rate of $1.13 per IQD or even 86 cents per IQD…Well I’m all in!!!

No waiting for a float to a better rate..

.And the “phrase” passed around…the second mouse gets the cheese…

I counter with…the early bird gets the worm.

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KTFA:

AzProf : 
 I can hardly wait to see who is right… Frank (this year) or Vet (next year)

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Frank26:  Hey AZ………… Just to be closer to my stance ………. I strongly believe the RATE can appear at any futuristic proximal nano second that is next in the progression of realistic time and space.

Just for the fun of it AZ …………. My TEAMS and I are looking for something we are calling an EVENT HORIZON.

We believe the EVENT has been shown.

The evidence of it is The HCL.

We believe once this HORIZON is fully visible ………… All hell will break lose as Heaven beings to return.

Thank goodness I have no idea what the heck I am talking about.

KTFA,  Frank……….

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islandg1211 »  Remember Iteam saying that we should “look for an event that will trigger the RV? “Wouldn’t the passing of the HCL be such an event?

They are also reporting that the news is 72 hours behind. Today’s news is very encouraging with the Kurds helping to write the law.

Iteam also opined that “there will be no RV until a legally appointment of the Governor of the CBI has been made.” Articles are appearing that helps to clear the pathway for such an appointment as the wrongs of Maliki are being corrected and public support is given for the integrity of the former CBI’s management team.

Shabibi and Shaleh’s names have been cleared.

Now, How long will it take for the HCL to be amended and passed and approved by all the provinces?

Ad, What is the hold-up for officially appointing the Governor of the CBI?

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jdtolle » November 21st, 2014, Think that you can

What you think of life plays an essential role in what you do with your life. Your thoughts can lock you in a prison of mediocrity or they can push you in each moment to be your spectacular best.

If you think the task will be difficult, tedious, frustrating or painful, it will be. If you think there’s something valuable and enriching to be found in each day, in each situation, in each action, there will be.

Your thoughts decide the course of this day. Even with a whole world of other influences, your thoughts take precedent over how you live.

If you think every bad thing that happens to you is somebody else’s fault, you strip yourself of the ability to do anything positive. If you think of yourself as ultimately responsible no matter who does what, you will consistently take yourself to beautiful, fulfilling places.

Objective reality is the way it is. What you think about that reality determines what you accomplish with it and how you live.

There is a way to live true to your highest vision of life. Think that you can, do what you think, and you will.

— Ralph Marston   Wishing All a safe, warm and blessed day

Foreign-Currency Price Fluctuations Benefit Bussinesses

Last update 12:34 | 18/11/2014

VietNamNet Bridge – The appreciation of the Vietnam dong against other currencies has benefited many import/export companies.

The dong/dollar exchange rate has been stable since the beginning of the year with the supply always higher than demand from trading companies, reflected in the positive trade balance this year.

However, the exchange rate between the dong and other currencies have been fluctuating since June 2014. The dong has appreciated significantly over the euro and the Japanese yen.
~~~

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A report showed that the euro depreciated by 8.8 percent against the dong in the first nine months of the year after the European Central Bank slashed the prime interest rate and announced several economic stimulus packages to deal with low inflation and slow growth.

Meanwhile, the Japanese yen lost 7.7 percent in the value against the dong. This is explained by the fact that the Japanese central bank continues loosening the monetary policies to cope with deflation.

The same thing is occurring with the South Korean currency as the won has depreciated by 7 percent against the dong this year.

According to Bui Hai Duong, a senior executive at Sacombank, the Vietnam dong has been appreciating against these foreign currencies thanks to the recovery of the US dollar.

Some businesses of S&P 500 have reported very satisfactory business revenue for the third quarter of the year. This helped US stocks soar to a two-week high and the 10-year bond yield climb to a one-week high.

Analysts noted that there are signs of the US Federal Reserves planning to raise the prime interest rate next year. The US Labor Department has recently reported that the average number of applications for unemployment benefits in the last four weeks dropped to the deepest low in 14 years.

The Purchasers Managers Index (PMI) released by Market Economic has reportedly decreased to the 3-month low in October. However, the news helped stop the continued decrease of the euro value against the US dollar only. Meanwhile, the euro’s downward trend against the dong still continues.

Vietnamese import companies have received big benefits from the dong appreciation. Hoa Sen Group, the steel manufacturer, has seen its share price increase rapidly by 4.34 percent, thanks to higher profits due to cheaper import materials from Japan. About two-thirds of the materials used in its products are from Japan.

Meanwhile, Vissan, CP and several food companies are rushing to import Australian beef and fruits to take full advantage of the Australian dollar depreciation.

Tareq Muhmood, ANZ Vietnam’s CEO, also noted that many businesses have had big profits thanks to the depreciation of foreign currencies, not because of the improved business performance.

The CEO has also confirmed that more businesses have recently asked for bank loans to import goods from Australia.

http://dongtalk.com/2014/11/18/foreign-currency-price-fluctuations-benefit-businesses/

Tidbits From Exogen and Stage3Alpha Members Friday Morning

Stage3Alpha: 

Danny S. November 21, 2014 at 8:31am GM All- Metals attempting to break through next resistance on track for record volume today.

All time record volume already in the books for this week. Massive & unprecedented moves being made, past three weeks. A toast to really BIG weekends!

FRIDAY INTEL UPDATE!!! Posted by EXOGEN on November 21, 2014 at 6:07am

Guesses to Exogens Picture Intel/Clues:

Vinman November 21, 2014 at 6:20am

It’s a roll of the dice….but public exchange is projected on or before Thanksgiving.
….

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G T November 21, 2014 at 8:52am   Friday Morning Clues…….

It’s a ROLL OF THE DICE

Time for public & Private Exchange….Projection date is ON or BEFORE THANKSGIVING

(What Happend to ON OR BEFORE TODAY…….From Last weekends INTEL)!!!!

Snoopy & Charlie Brown are IN THE SNOW While Snoopy’s eating a Stack of Bones……& Charlie Brownd watching

Could this mean the CURRENT FRIENDS & FAMILY EXCHANGEs Are “EATING AWAY AT THE CONTRACT RATES” while WE WATCH & WAIT

Bills are DUE (FINAL NOTICES SENT) That IRAQ MUST PAY

QUESTION…..(Aren’t they supposed to Pay Bills with their currency??? So HOW do they pay these BIlls W/O a Public Valued Currency….But The GCR Must be Live but NOT at the Street Level because the F&F Exchanges w/Select Customers are EXCHANGING FOR CASH)!!!!

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Ranger4564 > G T November 21, 2014 at 9:05am If Iraq’s currency is not Revalued in time, Iraq will be forced to negotiate loans with bankers who will of course demand flesh, and therein lies the evil circle jerk called banking.

The country (Iraq) is intentionally being sabotaged so the bankers win no matter whether a puppet like Maliki won the election or whether the bankers had to get their own hands dirty and extract the wealth themselves.

In the end, the only real hope for Iraq is if Abadi remains strong, opposes the cabal and bankers, and sides with China / Russia and gets some aid / assistance / support. I think the French / Germans / Swiss will be lenient on the debt, it’s the US / UK / Israel / Saudis / etc who are cabal / cabal puppets who won’t be lenient.

Anyway, if there is some sort of news of leniency on the debt, it’s good news for Iraq and should be good news for us. If there is news of more austerity inducing loans forced by the cabal, then we will have to continue to wait, as the bankers continue looting unabated.

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BREAKING NEWS: Citigroup Said to Be Ousted From ECB FX Group for Rigging

Posted by EXOGEN on November 21, 2014 at 10:19am

The European Central Bank ejected Citigroup Inc. (C) from its foreign-exchange market liaison group after the U.S. bank was fined for rigging the institution’s own currency benchmark, two people with knowledge of the move said.

The ECB removed Citigroup from the panel, which advises the central bank on market trends, after regulators fined the lender $1 billion for rigging currency benchmarks including the ECB’s 1:15 p.m. fix, said the people, who asked not to be identified because the decision hasn’t been made public.

Citigroup was one of six banks fined $4.3 billion by U.S. and U.K. regulators last week and is the only one that also sits on the ECB Foreign Exchange Contact Group. About 20 firms with large foreign-currency operations, ranging from Airbus Group NV to Deutsche Bank AG (DBK), sit on the committee. The panel’s agenda includes how to improve currency benchmarks.

Citigroup is the world’s biggest foreign-exchange dealer, with a 16 percent market share, according to a survey by London-based Euromoney Institutional Investor Plc. A spokesman for the New York-based bank declined to comment.

The panel isn’t involved in how the ECB’s daily fix is calculated. Currency benchmarks such as the ECB fix and the WM/Reuters rates are used by asset managers and pension funds to value their holdings, including $3.6 trillion in index tracker funds around the world.

According to documents released with the settlements, senior traders at the firms shared information about their positions with each other and coordinated trading strategies to the detriment of their clients. They’d congregate in electronic chat rooms an hour or so before benchmark rates were set to discuss their orders and how to execute them to their mutual benefit.

$99,000 Profit

In Citigroup’s settlement, the U.K.’s Financial Conduct Authority gave an example of a day when dealers at the bank joined three other firms to manipulate the ECB 1:15 p.m. fix.

The Citigroup trader told the group he had client orders for 200 million euros ($249 million) at the ECB fix rate. By buying the currency for less and then pushing up the rate at which he would offer it to the client, he could make a bigger profit. The others agreed to transfer their buy orders to him and offload any positions that ran counter to his strategy to maximize his chances of success, the FCA said.

Over the 33 seconds around 1:15 p.m., the Citigroup dealer made several transactions, buying 374 million euros for more than the best rate to push up the fix.

The bank made a $99,000 profit on the trades, the FCA said.

http://www.bloomberg.com/news/2014-11-21/citigroup-said-to-be-ousted-from-ecb-fx-group-for-rigging.html

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booyah > EXOGEN JUST………………… WOW!!!!!!!!!!!! SPEECHLESS!!!!

EXOGEN > booyah  MORE BIG 4 BANKS WILL BE KICKED OUT AND “YOU KNOW WHO” WILL BE THE FIRST BANK STANDING

Mark E > EXOGEN   Who ?

Dave > Mark E Wells fargo

Dave > EXOGEN If jp Morgan goes that will tell a tale. Cabal central

EXOGEN > Dave   THEY HAVE TO GO!!!

Dave > EXOGEN Well good then let the clean up begin.

Kenpoist79 > EXOGEN And then we will be able to exchange with that bank.


G T November 21, 2014 at 10:21am   More Clues……

On the LOOK OUT for USN, US Gold & Silver Trading Rates

(how will this indicate the RVs Here?)

China, the BRICS have made an agreement with the ECB to Bypass the US for the RV)

(STILL NOT SURE ABOUT THIS ONE)

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EXOGEN > G T THAT IS NOT VNN CURRENCY IN THE PHOTO AND THE TRANSACTION CHINA COMPLETED IS WITH THE ECB WHO JUST OUSTED CITIGROUP FOR CURRENCY RIGGING AND ILLEGAL CURRENCY MANIPULATION

G T > EXOGEN Your right….

It’s China’s!!!   I didn’t see the ECB post until after I posted

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Cheng XO can you clear the confusion about the relation between the RV release and TRN.

G T > Cheng  TRN is BASICALLY a DIGITAL ASSEt Backing of the Currency Released (vs the CURRENT Petro Dollar)

Cheng > G T Thanks, GT. So that means it’s not a physical new bank notes, some have said its it’s been released, others are saying, including Landa it has not been released. Do we need to see TRN before the RV takes place. I guess my questions, indicate that I don’t fully understand it.

OilRat   Looking closely for USN’s (United States Notes) to be asset backed by precious metals

Vietnam & Russia Sign 17 Deals To Boost Relations

Previous Post To Reference Vietnam :
Revaluation & Currency Reset Will Occur For Many Reasons

“The two countries have agreed to intensify talks on reaching an agreement to set up a free trade zone between Vietnam and the Moscow-led Customs Union of Russia, Belarus and Kazakhstan.

Trade between Vietnam and Russia is projected to nearly double to $7 billion in 2015, from $3.66 billion last year. That figure is expected to reach $10 billion by 2020.”  LINK



President Sang talks with Putin; 17 deals signed

Posted on November 13, 2013 by vietnamshipbuildingnews

t their talks in Hanoi on Tuesday, President Truong Tan Sang and his visiting Russian counterpart Vladimir Putin focused on measures to boost bilateral ties. Seventeen cooperation deals were inked between the two sides.>> Russia-Vietnam: Together to New Cooperation Goals >> Putin’s visit to take Vietnam-Russia ties to new height

The two Presidents affirmed that the political ties have developed well with high trust, and agreed to set up more mechanisms of reciprocal high-level exchanges and contacts.

They also highly appreciated the lifting of the bilateral ties to comprehensive strategic partnership, which has opened up new opportunities to beef up wide-ranging mutually beneficial cooperation.
~~~

Acknowledging that two-way trade has strongly developed in the past year, the two leaders expected that it will reach US$ 4 billion in 2013.

However, they admitted that the economic, commercial and investment cooperation has yet to match the size of their economies and their respective potentials.

Therefore, the two Presidents agreed that both countries should take effective measures to step up the trade and investment cooperation.

The two countries should also coordinate in implementing prioritized investment projects within the Framework of Vietnam Nam-Russia High-level Working Team, and boosting the early signing of a Free Trade Agreement between Vietnam and the Belarus-Kazakhstan-Russia Customs Union.

Both President Sang and his Russian counterpart agreed to enhance cooperation for the building of Ninh Thuan 1 nuclear power plant by using state-of-art technology and ensuring safety, efficiency and quality for the project.

The two sides also pledged to strengthen cooperation in other areas such as mineral exploitation, transport including civil aviation, shipbuilding, manufacturing, communication and telecommunications, combating crime and anti-terrorism.

They also discussed regional and international issues of mutual concern, pledging to strengthen coordination at international forums, including APEC, ARF, EAS, ASEM, and ADMM+.

After the talks, the two leaders witnessed the signing ceremony of 17 cooperative documents on economics, trade, banking, national defense, petrol, healthcare and education. These documents are expected to perfect the legal basis for bilateral cooperation and develop the comprehensive strategic partnership in the coming time.

On the same day, Russian President Putin also had a meeting with General Secretary of the Communist Party of Vietnam Nguyen Phu Trong, during which Trong said Vietnam supports Russia’s positive policy towards countries in the Asia-Pacific region, including Vietnam.

The Party chief also highly valued the efforts of Russia in strengthening peace, security, cooperation and development in the region, including the East Sea.

For his part, President Putin affirmed that his country always attaches much importance to developing the comprehensive strategic partnership with Vietnam, and considers Vietnam as a top prioritized partner in the Asia-Pacific region.

The Russian President left Hanoi on late November 12, concluding his visit to Vietnam.

http://vietnamshipbuildingnews.com/2013/11/13/president-sang-talks-with-putin-17-deals-signed/

Russia, Vietnam Sign Raft of Deals, Boosting Ties

RUSSIA

Russian President Vladimir Putin signed a number of key cooperation agreements with Vietnam during a state visit to Hanoi on Tuesday that is expected to significantly boost relations between the two nations.

HANOI, November 12 (RIA Novosti) – Russian President Vladimir Putin signed a number of key cooperation agreements with Vietnam during a state visit to Hanoi on Tuesday that is expected to significantly boost relations between the two nations.

After talks with the country’s leadership, Putin said Russia and Vietnam, a priority partner in the Asia-Pacific region, have “taken another serious step in strengthening joint cooperation.”

“We had very substantial, useful and successful talks with the Vietnamese president and prime minister,” Putin said at the meeting with Communist Party of Vietnam General Secretary Nguyen Phu Trong.

Officials from both nations signed a number of agreements on cooperation in different areas, including on military issues, science and technology, as well as on extradition. Vietnam has become a major buyer of Russian weapons since 2010.

Gazprom Neft, the oil arm of Russia’s state-controlled energy giant Gazprom, and Petrovietnam agreed on the modernization of the Dung Quat oil refinery in Quang Ngai province, Gazprom Neft chief executive Alexander Dyukov told reporters.

The two countries have agreed to intensify talks on reaching an agreement to set up a free trade zone between Vietnam and the Moscow-led Customs Union of Russia, Belarus and Kazakhstan.

Trade between Vietnam and Russia is projected to nearly double to $7 billion in 2015, from $3.66 billion last year. That figure is expected to reach $10 billion by 2020.

The main exports from Russia to Vietnam include machinery, fertilizers, metals products. Russia imports clothing, agricultural products and electronic appliances.

Putin is set to continue his Asian tour with a visit to South Korea on Wednesday.

Putin went ahead with the trip despite concerns over safety as the region continues to struggle coping with the devastating fallout of Typhoon Haiyan, which has claimed more than 10,000 lives in the Phillipines, which lies across the South China Sea from Vietnam.

http://sputniknews.com/russia/20131112/184657795/Putin-Arrives-in-Vietnam-to-Discuss-Trade-Economic-Ties.html

Late Thursday Night Dinarland Chatter

TNT:

mkh :  After being looked at by wf and boa like i had three heads coming outta me about 6 mo ago…so today i got a wild hair & decided to try to make 1 more try at it with a differ one, so I approached the teller and started chit chat w her about my acct and she asked me why i dont get direct dep and that it would wave my monthly fee.

I   told her that i opened the acct mostly to buy for currency, she said yes I see you have purchased  a significant amt of “VNN” right there she had my attention I said vnd, Vnd? she knew the lingo…. she said would you like to speak w our Wm he is available…

So of course I said absolutely. so he called me over and I asked him gently lol…. would chase be involved in the ce he winked at me and said yes…. I then asked him what have you heard?
….
He said That I am going to be a very rich woman, i almost pooped my britches…. he said he would call me as soon as it revalues as soon as this weekend and how long would it take for me to get there,

 Isaid 15 min….he stood up shook my hand and said he would love to have my business!!!!holy crap I have been walking on water ever since

***********

Uneasy:  Feedback from WF bank-personal

My sister just came back from WF after opening up an account . Lots of people opening accounts. The lady at bank right up front said that they are a currency bank now and all the WF in Tucson can take currency . They accept all currency now except dinar but that will happen soon.  My sister had simply asked to open up a checking account.

LOOKS LIKE THEY ARE THE BANK!!! and along with Tony … soon

***********

MDJ: 11-20-2014 tman23 “CONFIRMED THE PEOPLE’S SALARIES IN MOSUL AND NINEVEH PROVIDENCE HAVE BEEN RELEASED”

[and/or LD’s are out?]   Dont even want to guess at it…just know that those in the Kurd region and Nineveh Providence which is Sunni are being paid…Note that each gov’t entity releases salaries…the retirement is being paid for the 8th month…social security/welfare benefits are not paid yet…civil servant salaries are released…And some say they need to travel to Baghdad but those with smart cards can collect anywhere…as for today…Iraq is very very quiet in regards to news being published for outside sources.

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

Stage3Alpha:


Mac November 20, 2014 at 10:05pm So our country fined billions supposedly and now we can further delay this till January or beyond?/Doesn’t make much sense..

KThompson > Mac November 20, 2014 at 10:35pm US citizens were fined 4 billioñ as the gov is broke

Sqwatchy > Mac November 20, 2014 at 10:22pm my understanding…is that the fine…increases…every day it is further delayed…  USA/ Emperor…was not well received in Australia at the G-20. There was obvious friction…..Remember..Putin left a day early after Cameron and he  met, and exchanged brownie receipes….wink..wink..

 Finnick Odair > Mac November 20, 2014 at 10:21pm 4 billion is nothing to these people.

**********

Michael November 20, 2014 at 10:17pm Dinarland, I hope I am right but you know they took the air out of those watching with the Kuwait revaluation.

They said the king had suddenly died. The next day it went.

We are receiving a similar message tonight. Hang on. Things are way to tense to just put this on the back burner. We are still in a great place. Just keep energies up.

Don’t let down. That’s what they want. We already won. Timber!!

** ********

Dr. Mark November 20, 2014 at 11:42pm People..Zap and Landa are focused on the PP….not the RV. Understand the difference. All is good!

Finnick Odair > Dr. Mark November 20, 2014 at 11:45pm All is connected dude. For our money to be safe it has to be in a currency other than FRN’S.

dinar dude > Finnick Odair November 21, 2014 at 12:04am   thats what MCA accounts are for !

Mr. Chen > Finnick Odair November 20, 2014 at 11:59pm ROFL
So if Iraq announced the RI or RV publicly to the world in the news and the internet and all other media outlets the US citizens with dinar like you and me would not be able to exchange our dinar for USD because it is frn still?
You crack me up sometimes.

Finnick Odair > Mr. Chen November 21, 2014 at 12:07am Bro if the scenario above had ANY POSSIBILITY whatsoever of happening this GCR/RV would have happened a long time ago. Years ago. The bad dudes would have loved it to happen that way. Guess what we are still waiting and it is not for Iraq.

dinar dude > Finnick Odair November 20, 2014 at 11:56pm My understanding is that our USD is already asset backed now and until we get new notes they will be still be used and then slowly replaced once TRN are out !

Jim  > dinar dude November 21, 2014 at 12:22am Absolutely!

Dr. Mark > dinar dude November 21, 2014 at 12:15am Yes

OilRat > dinar dude November 21, 2014 at 12:09am That is 100000% correct…..JMO!!!

Finnick Odair > OilRat November 21, 2014 at 12:18am Then I’m quoting EXO. “If by next week we are not exchanging then something very sinister is going on”.

**********

RA > We tend to take intel and view it through our perception of the world. Thus some will blame the president, some the devil, some aliens, some congress, some Russia, China, or the USA etc etc.  Even intel providers do the same. If one had a true perception of how the world worked, the predictions would be 100%.  But unfortunately none of us do.

 This site is instrumental in giving information for its users to prepare..bottom line. And intel providers do that so don;t shoot the messenger.  HOWEVER, understand that their predictions are ESTIMATIONS based on their understanding of events..nothing more nothing less.

WHAT YOU CAN TAKE TO THE BANK (no pun intended) is that world events are lining up for either a massive RV, economic collapse, or a freeing of humanity.  It really all depends on how the PTB and US (not the United States but us) react to events that will set the stage for what happens next.  

SO, use judgment when you see a prediction, don’t get carried away with tomorrow or the next hour or anything other than the fact that each news item brings you closer to a world changing event of some kind and please live your life to the fullest but be AWARE of what is happening around you.


EXOGEN
November 21, 2014 at 12:19am

THERE ARE PEOPLE IN IQD LAND WHO CAN NOT EVEN COMPREHEND WHAT THE WORD DETOUR MEANS BASED ON INTEL CLUES IN REFERENCE TO THE IMF/IRAQ AND LEGARDE.

FOR THOSE WHO CAN NOT UNDERSTAND SIMPLE CLUES HERE IS WHAT THAT MEANS

1. IRAQ IS NOW WORKING IN CONJUNCTION WITH THE IMF TO LIMIT USA CONTROL AND INFLUENCE OVER THEIR COUNTRY………..IE………..DETOUR

2. AT THE G20 MEETING IT WAS DISCUSSED HOW THE USA CONTROL OVER IRAQ WAS STARTING TO CREATE MAJOR PROBLEMS AND THE COUNTRY OF IRAQ WAS SELF DESTRUCTION FINANCIALLY……….IE  DETOUR NEEDED

3. DETOUR EXAMPLE =   WHAT BRICS DID WITH THE IMF BY LAUNCHING A DEVELOPMENT BANK AND STATING THAT IMF WAS NO LONGER NEEDED.

NOTE: SAME WAY PRESIDENT FROM CHINA STATED THE FEDERAL RESERVE SYSTEM WAS DYSFUNCTIONAL AND SERVED NO PURPOSE AND NOW CHINA IS DOING GLOBAL CURRRENCY SWAPS

AN EVEN MORE SIMPLIFIED DEFINITION OF DETOUR COULD BE YOU ASK EXO A QUESTION AND GET NO ANSWER AND CARDEN OR SUNSHINE ANSWERS THE QUESTION FOR YOU

IE………DETOUR

de·tour

ˈdēto͝or/

noun

noun: detour; plural noun: detours

1.

a long or roundabout route taken to avoid something or to visit somewhere along the way.

“he had made a detour to a cafe”

an alternative route for use by traffic when the usual road is temporarily closed.

synonyms:

diversion, circuitous route, indirect route, scenic route; More

bypass;

digression, deviation, shortcut

“the detour will add another twenty minutes to the trip”

verb

North American

verb: detour; 3rd person present: detours; past tense: detoured; past participle: detoured; gerund or present participle: detouring

1.  take a long or roundabout route.

DC, Already Blessed and TNT Member Late Thursday Night Chat

Already Blessed – YOU GUYS ALL HEARD THE CALL – TONY AND DC NEVER ONCE TOLD YOU THAT THIS ISN’T HAPPENING TILL 2015 AS THAT IS NOT OUR INFO AT THIS TIME….YOU NEED TO ASK THOSE OTHERS WHY THEY ARE SAYING THAT? NOT US.  CHRIS – YOU GUYS ARE TRYING TO GET UPDATED INFO ON OTHER SITES INFORMATION….WE DON’T KNOW WHAT THEY ARE TALKING ABOUT SO WE CAN’T EXPLAIN THEIR REMARKS.

RVZone :  I MET WITH A WEALTH MGR AT WF TODAY WHO IS IN THE INSIDE – HE ACKNOWLEDGED THAT WE ARE VERY CLOSE – GREAT CONVERSATION!

DC guy:   RV GLAD TO HEAR I AGREE

PrincessA:  DC, another guru I cannot mention, made me nervous tonight. Can you share anything about the TRN’s impact on the RV?
….
Already Blessed:  PRINCESS – NONE – THEY HAVE SAID IT ON CALLS A MILLION TIMES?

Jessie:  zap is upset because the TRN’S will not be out until 2015. do we need the TRN’s for the RV

Aleady Blessed:  JESSIE – NO WE DO NOT NEED TRN’S

DC guy  HI GUYS HOPE EVERYONE IS WELL…THE LATEST IS ALL IS STILL ON TRACK FROM WHAT WE TALKED ABOUT ON WEDNESDAY

DC guy: NO DOUBLE DIPPING, LAW ENFORCEMENT HAS BEEN REALLY GOOD ABOUT IT

Creampuff622:   DC did the US release the TRN’s today?

Time4RV:  Hi DC, I have just heard from 2 sources that say the TRN’s wont be available until January. Is that true?

DC guy:  I DON’T KNOW MUCH ABOUT TRNS ITS MOSTLY UNRELATED

Storm:  DC Guy ~ my question is………….what is the ONE thing you wish Tony could announce to us that you cannot?

DC guy : STORM THATS OBVIOUS… ;)

Dajen:  3.58 and 2.17 still international rate?

Dc guy: WE STILL HAVE 3.58 DINAR  I DON’T KNOW THE LATEST UPDATE… DON’T KNOW ABOUT 2.17, THINK THEY CHANGED IT, BUT DON’T KNOW THE NEW RATE….IT APPEARS WE ARE ALL BACK TO ONE BASKET THANK GOODNESS

freckles2285 DC – do you mean all of the ones we have talked about are back in the basket???

Dc guy:  BOTTOM LINE, WE ARE STILL VERY GOOD TO GO

Dc guy: ALL IN THE SAME BASKET NOW, COULD CHANGE BUT RIGHT NOW ALL SHOWING

Art: DC Will USbank be exchanging for us? Thanks.

Dc guy:  USBANK WILL BE, LAST I HEARD

Dc guy: I THINK THE CURRENT US POLITICAL MOVES ARE NOT EFFECTING US, OBVIOUSLY CLOSELY WATCHING IT, SO FAR SO GOOD

Dc guy:   IRAQ HAS THE TIMING BALL NOW, US PROMISES TO WORK WITH THEM, AS OF A FEW HOURS AGO STILL THE SAME

Gnosis  with constant delays, DC are we being played?

Dc guy:  GNOSIS I DON’T BELIEVE SO, JUST WE WERE NOT TO BE INVOLVED IN THIS AND THEY TRUELY DON’T CARE MUCH ABOUT DINARLAND, BIG PICTURE STUFF AND LITTLE GUYS DON’T MATTER, NOT NICE TO SAY BUT HOW WE ARE VIEWED…. ITS JUST BIGGER THAN US

Dc guy:  I JUST GOT FROM MANY FOLKS THE US IS SUPPORTING THIS CURRENTLY….THE RIGHT US GUYS ARE ALL PLAYING BALL AND WE ARE ALL THANKFULL

Dc guy: THE REST OF THE WORLD HAS BEEN KINDA WAITING ON US, VIPS IN MANY COUNTRIES HAVE BEEN GOING FOR A WHILE, BUT WE ARE NEXT

Dc guy:  SECURITY IS A BIG PROBLEM, THATS WHY YOU MUST BE VERY CAUTIOUS WITH YOURSELF AND FRIENDS ABOUT WHERE YOU GO, GOTTA BE VERY CAREFUL…   ALL MAJOR METRO CENTERS WILL HAVE EXCHANGE PLACES.  DOUBLE DIPPING IS BEING WELL PROTECTED

 Wtnt: DC Question– did those who cashed out the Kuwaiti Dinar in 1994 sign NDAs? Have any of their NDAs expired and can they now write books about it?

 DC guy:  THE KUWAIT, IF THEY WERE UNDER A SECURITY CLEARANCE IT WAS A KIND OF NDA, MOST DID NOT SIGN AN NDA

Irene: DC— Are we going to have the Best Thanksgiving ever?

Dc guy: I REALLY HOPE FOR BLACK FRIDAY, EVERYONE IS QUEUED UP FOR IT ACROSS THE WORLD, PRAY IT DOES…. I THINK XMAS SHOPPING WILL BE VERY FUN FOR EVERYONE. 

Gizmosmom:  DC so what are the factors that are really holding this up really really really, what is holding it up, why woulodnt iraq want to rv this yesterday?

DC guy:   IRAQ WANTS TO MAKE SURE THEY CAN’T BE SECONDED GUESSED AGAIN AS THEY HAVE RIGHT BEFORE THEY PULL THE TRIGGER AGAIN, ITS DELIBERATE AND METHODICAL, A GOOD THING… IRAQ HAS MADE AMAZING PROGRESS, IT IS JUST TREMENDOUS WHAT THEY HAVE DONE IN THE PAST FEW MONTHS

DC guy:  IT IS FULLY PLANNED ACROSS THE WORLD FOR BEFORE BLACK FRIDAY, WE HAVE HAD OTHER DATES PROMISED, BUT THINGS LOOK SO DARN GOOD

Wtnt: DC Question: When Haider al-Abadi first opened his first Twitter account as Prime Minister he followed only one American – it was John McCain – might that be the elder statesman?

DC guy: WTNT I AM A BIG FAN OF MCCAIN, BUT THAT IS NOT THE ONE I AM REFERRING TO AS THE ELDER STATESMEN… I HAVE SEVERAL SENATORS FROM BOTH SIDES I AM BIG FANS OF, I LIKE FOLKS WHO CAN GET THINGS DONE… THE ELDER IS GOING TO REMAIN UNKOWN IT IS HIS OR HER CHOICE, SURELY NOT MINE.

Dc guy:  YOU CAN TALK TO WHOEVER SIGNS AN NDA, JUST NOT ABOUT WHAT THE NDA SAID YOU CAN’T TALK ABOUT, IE DINARS OR THE ACTUAL TRANSACTION OR WHATEVER IT SAYS

Dc guy: ITS BEST TO LET EACH PERSON SIGN THE NDA AND DEAL WITH THERE OWN CONSEQUENCES… HE NDA IS FOR THE TRANSACTION PURPOSES ONLY

Miqida:  so….NOTHING was announced in Iraq? they did NOT bypass the U.S.??

DC guy:  THE CBI WILL PUSH IT OUT, THEN ANNOUNCEMENTS WILL BE MADE AFTER THE FACT

Already Blessed:  DC HAS REPEATED THAT ALL MAJOR CITIES WILL HAVE EXCHANGE CENTERS….NUMEROUS TIMES…

Wtnt:  DC Question: Of the people who have exchanged the past year, what is the breakdown? How much dinar on average (breakdown) , how many total people since October 2013,

Dc guy:  WTNT, PLENTY, BUT LETS KEEP THE BALL ON US GETTING PAID, I KNOW IT MAKES US ALL MAD, BUT IT DOESN’T DO ANY GOOD UNLESS ITS IN OUR ACCOUNTS

DC Guy:  I PLAN ON JUST GOING BACK TO MY NORMAL LIFE AFTER THIS, IM PRETTY EXCITED ABOUT IT

Dc guy:  I THINK THE CURRENCY MARKETS WILL BE VERY DIFFICULT TO PREDICT CONSIDERING ALL THE CHANGES FOR A GOOD WHILE

Mkh:  I know that my local chase will be CE I got confirmation of that today I have been biting at the bit to tell you guys all Day!!!!!!!!! talked to  my New wm today It was AWESOME!!!!!  My new wealth mgr said he was just informed about the dong and to be ready as soon as Monday and he will call me

DC guy: DONG JUST ISN’T AS WELL KNOWN, SINCE IRAQ WAS THE BASIS FOR THIS, IT JUST ISN’T AS READILY KNOWN, ALSO MY CONTACTS ARE MIDDLE EAST


Dc guy:  I KEEP BEING REASSURED THE THE LARGE BILLS WILL LAST LONG ENOUGH INTHE US FOR ALL OF US TO GET DONE, IF YOU SIT ON IT FOR A LONG TIME YOU MAY HAVE A PROBLEM, BUT MOST SHOULD BE JUST FINE

Dv guy:  MOST FOLKS/GROUPS ARE ON ALERT AGAIN, NOT THE FIRST TIME, PRAY ITS THE LAST

Dc Guy:  ON TOTAL LOCATIONS THERE HAS BEEN SEVERAL CHANGES, BUT I AM REASSURED THERE ARE PLENTY TO GET ALL THROUGH

  DC guy : ALL MY FOLKS POINT TO VERY VERY CLOSE… LOCATIONS ARE ALL OVER FOR EXCHANGES WE WILL ALL BE FINE

DC guy :ON OVERSEAS MILITARY, HAVE BEEN TOLD MANY TIMES THEY WILL BE GIVEN PLENTY OF OPPORTUNITY

Dc guy:  BYE GUYS, HAVE A GREAT NIGHT, THINGS LOOK REALLY GOOD AND AS LONG AS IT STAYS LIKE THIS, WE ARE GOLDEN

“6 Ways to Insure Excess Deposits” Posted by Shaman at Stage3alpha

6 ways to insure excess deposits

By Laura Bruce • Bankrate.com

Highlights

Many community or state-chartered banks have excess deposit coverage.


CDARS allows you to insure up to $50 million in CDs.

IDC Deposits does the same with money market accounts.

As consumers continue to be rattled by a seemingly bottomless pit of bad financial news, they’re looking for ways to ensure their entire bank deposits are covered by the Federal Deposit Insurance Corporation.

It’s not difficult to exceed the $250,000 limit on individual accounts, or the $250,000 limit on certain retirement accounts. (In October 2008, the FDIC insurance limit was raised to $250,000 from $100,000, effective until Dec. 31, 2009.
….
This change has since been extended to Dec. 31, 2013. The limit may revert to $100,000 after that time.) In fact, the FDIC says that less than 62 percent of the $6.88 trillion on deposit in FDIC-insured banks was covered at the end of 2007. That leaves more than $2.5 trillion unprotected in the event of bank failures.

Fortunately, there are many ways you can have excess deposits covered, and you should take the trouble to use one of these methods or, through your own research, find other ways. Uninsured depositors receive an average of $0.72 on the dollar when their bank fails. Imagine having excess money in a bank and losing more than a quarter of it. In addition, it can take years for the FDIC to settle a bank failure.

The six examples of excess deposit coverage that we’ll highlight here primarily involve accounts at community or state-chartered banks. Some larger institutions carry their own excess deposit insurance, so if you prefer banking at larger institutions, ask if they have it. Companies such as BancInsure and Progressive Casualty Insurance provide excess deposit insurance to financial institutions. Excess share insurance is available to credit unions. But don’t assume you’re covered; always ask.

6 ways to cover deposits

Depositors Insurance Fund

CDARS

IDC Deposits

Wintrust Financial

Brokerage accounts

FDIC

Depositors Insurance Fund (DIF)

Believe it or not, back in the 1930s Massachusetts state-chartered savings banks and state-chartered cooperative banks were prohibited from belonging to the FDIC. Instead, they were required to belong to the DIF, which functioned back then under a different name.

Over time, the state legislature allowed the state-chartered institutions to also have FDIC insurance. The DIF then became the insurer of excess deposits.

Any amounts above FDIC coverage are guaranteed. There are no forms to fill out, and no separate titling of accounts is necessary. The DIF program covers 68 state-chartered savings banks.

The Share Insurance Fund (SIF) provides the same coverage for state-chartered cooperative banks.

If you don’t live in Massachusetts, you’re not left out: Many of these banks allow out-of-state accounts. 

“The insurance is unlimited, but we don’t have $10 million customers,” says David Elliott, CEO at Depositors Insurance Fund in Woburn, Mass. “When we look at our profile, it’s an amount slightly above the FDIC limit. The customer, whose account started with $90,000 and through interest is up to $125,000, may not even be aware of the fact that the FDIC is insuring the first $250,000 and we’re insuring the $25,000 above that.”

Certificate of Deposit Account Registry Service (CDARS)


If you like the safety and convenience of CDs and you’re nearing the FDIC limit, you may want to consider the CDARS program if your bank offers it.

Funds above $250,000 are deposited in CDs at other banks in the network. The system is supposed to ensure the money is divided among non-related banks, but you should check to be certain. If you’re wealthy enough, you can insure up to $50 million.

The demand for the CDARS program has grown considerably this summer, according to Mark Jacobsen, president of Promontory Interfinancial Network, the company that created CDARS.

“Since mid-July, we’ve been doing about twice the business each week as we did in a typical week in January; and about three times the transaction volume we were doing a year ago. Our business in California has skyrocketed. It took us about five-and-a half-years to garner approximately 150 bank charters in California as member of our network. In the 11 days after IndyMac failed, we had requests from 40 different banks.”

IDC Deposits

Just as the CDARS program divvies your excess funds among CDs at different banks, IDC Deposits does the same with money market accounts. Its network consists of over 250 banks, allowing individuals to have FDIC coverage for up to $5 million in what’s called a MMAX account.

Another way MMAX is similar to CDARS is that the interest rate you earn may not be as good as you would get shopping around and placing your funds in various institutions yourself. But there’s a huge convenience factor to consider. With both programs you receive one statement and one 1099 for tax records.

For example, IDC currently pays banks 2 percent on deposits. The bank you do business with may give you an interest rate of 1.75 percent. That’s apparently not stopping people from going with the program.

“We are absolutely seeing an increase in business,” says IDC Deposits president Kim Weeks. “I’ll be the first to tell you that six months ago, four months ago, it was a tougher sell on the investor side because these are not great rates and we understand this. But because of everything going on right now, there’s a trade-off in the convenience and the assurance that the money is insured.”

Wintrust Financial


This is an example of a small group of banks that provide excess coverage. Wintrust is a bank holding company that has 15 separately chartered banks in the Chicago and Milwaukee areas. Wintrust makes its MaxSafe account available to customers of the 15 banks. It allows individuals to insure $1.5 million in CD and money market accounts — more than $16 million if you’re able to title accounts differently.

People from outside the Chicago and Milwaukee can apply for an account at one of the banks, but Wintrust is being cautious for varying reasons, says CEO Edward Wehmer.

“We did a one-week test in Tennessee and Kansas City and it was surprising the number of calls we had. Eventually, there will be online (applications), but we want to be very careful regarding the ‘know your customer’ rules on the online side of the business, especially with a money market account. Also, we don’t have funding needs. This has been a defensive product for us. I’m afraid that if I offer it, I could get $1 billion in deposits and nowhere to go with it.”


Brokerage accounts


If you have an account with an institutions such as Fidelity or Schwab, you can buy CDs at different banks from across the country with the click of a mouse. In addition to the convenience of one-stop shopping, you’ll often find yields above the national averages. Be aware that you’re responsible for making sure your money is divided among non-related banks. For more information on brokered deposits, read this article.

FDIC

The FDIC allows you to insure significantly more than $250,000 if you’re able to title accounts separately. For instance, you could have $250,000 covered in an individual account, $250,000 covered in a joint account, and $250,000 in a retirement account. For more information on titling see this article.

 Read more: http://www.bankrate.com/finance/savings/6-ways-to-insure-excess-deposits.aspx#ixzz3JfPZdqts

Nadita File For 11-18-14

Nadita File – 11/18/2014

 Good evening everyone, thanks for watching Nadita File where the spin starts here J

Ebola Crisis :   A-J516 reported Surgeon, who contracted Ebola in Sierra Leone dies at the Nebraska Hospital where he was being treated.  44 year old Dr. Martin Salia was diagnosed with the virus on November 6th, but by the time he arrived at the Omaha Hospital on Saturday, he was in extremely critical condition.  Two other Ebola patients have been successfully treated at the hospital.  Of 10 people to be treated for ebola in US, all but two have recovered.  

Defense SECY Chuck Hagel says there are encouraging signs of progress against the Ebola outbreak in west Africa.  Hagel told soldiers of the 101st airborne division that it’s too early to say when the US military’s Ebola response mission in Liberia and Senegal will be over.  There are currently 2,200 US service members in West Africa, with that number set to rise to about 2,900 by Dec.
~~~

Fighting ISIS :   Thriver heard a Frenchman is believed to be among the ISIS terrorists who appear in a video showing the beheading of American aid worker Peter Kassig.  French Interior Minister says there’s a strong presumption Frenchman Maxime Hauchard is among the fighters seen in the video. 

6 year old Kassig converted to Islam and adopted name of Abdul Rahman, was killed along a dozen Syrian soldiers in a video released this weekend.  He was captured in eastern Syria in October 2013 while delivering relief supplies.  Pres. Obama denounced the killing as an act of pure evil. 

Secy of State John Kerry warns ISIS that the US is not intimidated after the terrorists killed another American hostage.  Kerry adds that ISIS brutality and its potential spread across the globe is a key reason the US must remain deeply engaged in the Mideast.  Kerry’s comments come just before he heads overseas for nuclear talks with Iran as a Nov. 24 deadline for a deal approached. 

Other News :   Captl1 is disappointed  as bill to approve the Keystone XL pipeline narrowly voted down in the senate.  Bill’s co sponsor Sen. Mary Landrieu (D-LA) and Sen John Hoeven (R-ND) failed to get the 60 votes necessary to advance the legislation. 

Measure failed by a single vote, with the final tally 59 in favor to 41 against.  Senator GOP Mitch McConnell says congress will take up the issue again in the new year, once republicans have the majority in both the senate and house. 

The impact of Keystone pipeline will be good for US as it will allow US to export oil coming from Canada as oil ban only for local oil cannot be exported.  Currently US export 30,000 barrels and it will increase to 200,000 barrels without Keystone operating.  With Keystone operating, US will export oil from North America and dependency on Saudi oil will be much less. 

Chess is taking his car in as Honda offering to replace potentially defective air bag parts across the entire country even though its latest recall only covers cars in 13 high humidity states and territories.  In Nov, the automaker recalled 2.8M Hondas and Acuras from model years 2001-2006 to replace faulty air bag inflators.  Several automakers have also issued recalls for the air bags made by Takata Corp.

Viciousdoggie reads House oversight committee requesting details about a suspected cyber attack that has shut down the state dept’s unclassified email system in late October.  Dem lawmakers on the house government oversight committee wrote to Secy of state John Kerry Monday, asking for details about the breach, including when it was first discovered and why went undetected as long as it did. 

The letter, sent by Rep. Elijah Cummings (D-MD) also asks what measures the state dept has taken to prevent another attack.  A state dept spox says the attack only hit unclassified email system, not business databases that contain private info about Americans or foreign visa applicants.

Wiljor heard Pope Francis announces he’ll travel to the US next year for a family rally in Philadelphia.  In a speech at The Vatican on Monday, the Pope confirmed his plans to attend September’s world meeting of families.

Umbertino reported Russian Pres. Putin tells supporters the US wants to subdue Russia and solve its problems at our expense.  Putin’s comments come after US and EU imposed sanctions on Moscow over its annexation of Crimea and its support of pro-Russian insurgents in Ukraine.  The sanctions have aggravated Russia’s economic problems and contributed to a sharp devaluation of the Ruble.

Candy01 heard 3 Americans killed in Jerusalem synagogue attack.  5 people died including 3 rabbis from US.  One Briton and one Israeli police officer also murdered. Israel PM nentayahu we will respond decisively to attacks.  Palestinian celebrate deadly attack on Jerusalem synagogue.

 It will get worse before getting better.  Increased security in Israel.  Palestinians give out candy to celebrate Jerusalem massacre. 

6ly feels cold to his bone as wicked weather across US as snow, wind and freezing temps sweeps the nation.  Snow blankets Great Lakes states..  Buffalo, NY can see 6 ft snow.  The cold air will go back to Canada and mild temperature this weekend.  Cold Thanksgiving is expected as cold air will come back.

The bull climbed 40 points on the slippery slope to 17,687. S&P rose 10 pints to 2,015 and Nasdaq added 31 points to 4,702.  Gold closed at $1,194, silver at $16.12 and copper at $3.00.  Crude oil closed at $74.27 and natural gas at $4.26.

Boosterbglee is smiling as Virgin America (VA) went public on Friday, offering 12M shares at $19.50/share.  The stock rallied the last two days of trading, gaining 90% closing at $37.05 today.  Spirit Air (SAFE) went public in 2011, the stock has gone up 396% since then.  JetBlue Airways to add bag fees and cut passenger legroom.

Sunedison Inc (SUNE) soared at trading today, gaining 29% at trading today at the news of it acquiring First Wind. The stock closed at $21.48

Europe okays Harvoni, the Hepatitic C drug of Gilead Science.  The stock closed at $103Alibaba or Apple? Decision, decision.  BABA has 80% China market and two months old company, the stability of Apple still in the run.  Apple is above pre-split $800/share level.  The stock closed at $115.47.

Morgan Stanley slashes Tesla Motors (TSLA) outlook. 

The biggest REIT IPO is Paramount Group (PGRE), US real estate investment trust which boasts a portfolio of office buildings in NY, WA, SF.  Offering 131M shares between $16-$19/share.

From Dinar Land :  Pattyangel reported Iraqi Defense Minister said the security forces liberated and completely secured Beiji city in Salaheddin province.   

The security forces will focus on liberating Tikrit as units will advance from three directions on the city to squeeze the terrorists that will be forced either to flee or fight to death.  Tikrit is the 2nd largest city to be liberated after Mosul. 

Iraqi security forces aided by tribal volunteers, Kurdish peshmerga and airstrikes by US coalition led by Sandfly have been successful in liberating key towns from ISIL. An observer said ISIL has lost momentum and cannot sustain a campaign to overrun new towns or areas in Iraq and Syria.  The situation has turned around and now ISIL is expected to go defensive which will hurt their image of invincibility.

The Council of Minister sent a reminder to UNSC to activate Resolution 487 that clearly states Israel must compensate for damages inflicted by an airstrike that destroyed the nuclear power plant in 1981. 

Although the plant was built for peaceful purposes, Resolution 487 was never acted upon because of the strength of Israeli lobby in the US and other powerful countries.

The Ministry of Labor said they started using electronic debit cards to distribute funds to the retirees and employees.  The use of electronic cards are a very useful way to conduct business as it saves time and human resources.  The use of electronic cards is spreading rather quick among other ministries who are training hundred of Iraqis to become computer savvy.

During a meeting with the Head of Supreme Iraqi Islamic Council, PM Abadi reaffirmed his pledge to resolve all outstanding issues with KRG including oil revenue sharing and exportation of oil through Turkish Ceyhan terminal.  Both agreed that for Iraq to stay strong and united, all parties must be ready to compromise for the common good.  The Sunnis will also have the chance to enjoy more power sharing.

Gymrat76541 was with Iraqi Oil Minister Adel Mahdi, who said Iraq will base its 2015 budget on $80/barrel, that is the lowest price for crude oil for years.  Oil prices peaked at $115/barrel in June.  

Lower oil prices are expected to stay for a while.  Mahdi further said Iraq plans to gradually increase its oil production and exportation in the next few years.

Members of parliament said there are excessive holiday days in Iraq that are costing $100B in production per year and also wasted one third of year.  The MPs called on their colleagues and COM to address the matter.  

A prominent member of parliament who sits in finance committee and remained anonymous said that Central Bank is doing a very good job in keeping the Dinar steady.  He expressed his confidence that the security situation will start improving very soon.  

He added the deal struck with KRG will bring further stability that will ultimately give a boost to the value of the Dinar.  He also said that Dinar is undervalued and expects to see its value increasing starting next year.

From Rumor Land : Millionday says Iraq is starting to build a democratic country. 

 Pepperoni on pizza thinks early 2015 looks like a goal for Iraq. 

Tman23 says Kurds are back in Baghdad tomorrow to finalize the deal.  

Jester says the word is imminent.  

Tim724 points out that Kurds has control over Kirkuk.  

Brietling says Iraq doesn’t need to come out at $3 rate.  They can go at a dollar and see what the market tells.  

Frank26 says it’s snowing! GOI & KRG are happy and in agreement, GOI and CBI are also happy and in agreement.

The spin stops here J send your comments to #naditafile,  Dinar Thug is next, good night everyone J