Category: George W Bush

KTFA’s Frank26 & Members Thoughts & Opinions

NOVA » October 17th, 2013, 2:20 pm   Good Afternoon James49,

The simple answer to the first part of your question is NO. All that Matters Is That WHEN THE RATE IS RELEASED BY THE IMF & CBI you will be able to do what ever you want with your IQD.

As for the Second part of your question.

All The Craziness in the last 24 hours about these letter that Chase has sent out is an example of how things in the Dinar world get spoon out of control.

These letters are about Chase restructuring there Business Accounts. If you want or need to move money out of the country you can, you will just need to move up the latter AKA PAY MORE FEES TO DO SO!!!

Read More Link On Right

Nova Continues:   Now please do not Misunderstand ME!!!

Capital Controls Are Coming To A Bank Here You Quite SOON!!!!

If you were to ask me, What should I be thinking about?   I Would Say This,

You No Longer Needed To Worry About The Return ON YOUR MONEY, But THE RETURN OF YOUR MONEY.   Hope This Helps,  Nova

walkingstick » October 17th, 2013, 7:15 pm  •  [Post 10]  INVESTING | 10/17/2013 @ 1:46PM |

No, JPM Isn’t Banning International Wire Transfers, No Limits On Withdrawals Either

Image

Is JPMorgan Chase JPM +0.28% trying to control customers’ money by preventing wire transfers and limiting withdrawals?

NEW YORK, NY – MAY 14: A man uses his cell ph…That’s the fear after a couple of reports from Drudge and Zero Hedge noted a change in the bank’s withdrawal and wire transfer policies for small business checking accounts.

Chase says the fear is unfounded.

The reports are referring to a new $50,000 limit on monthly cash activity being imposed on small business checking accounts and a ban on outgoing international wire transfers on those accounts.

Small business customers received letters from the bank stating that the changes are effective November 17. “These changes will help us more effectively manage the risks involved with these types of transactions,” the letter states.

One report dubs Chase’s new rules “a war on cash and a war on small business and individuals” and says the new rules will lead to “a total TOT +1.27% cashless society that destroys all privacy and allows them to fine and fee the general population into serfdom.” Scary stuff.

The fear is that banks, and indirectly, the federal government have too much control over individuals’ money which sits in the form of deposits. Limiting withdrawals and keeping people from sending money overseas feels like capital control–a government attempt to prevent money from flowing out of the country. Think Iceland and Cyprus.

JPM says that’s not what’s happening here.

First, a quick visit to the bank’s business banking website shows that international transfers are still available–you just have to pay up for them.

The bank’s basic business account, Chase Total Business Checking, does not allow outgoing international wire transfers (it does allow them to come in) and cash activity is indeed limited to $50,000 per month. Cash activity means withdrawals and deposits. The account has a $10 monthly fee which is waived with a $1,500 minimum daily balance.

Need to withdraw or deposit more than $50k? You can but you’ll have to pay more in monthly fees to do so.

Upgrade to Chase’s Performance Business Checking and there’s no cash activity limit. Plus, you get two domestic wires transfers per month at no charge and international wires are available for an additional fee. Of course, there’s a $20 monthly fee that’s waived if you can maintain $50,000 balance.

Upgrade even higher to the Chase Platinum Business Checking and get four outgoing wires per month at no charge and reduced pricing on additional wires. Again, no cash activity limit here but the Premium account has a whopping $95 monthly fee that is waived if deposit balances are $100,000 or more.

But let’s get back to that basic business account. Chase says you can still exceed the $50,000 cash activity limit but do it four times in a rolling calendar year and you’ll get automatically bumped to the level account.

So while the Performance Business and Platinum level accounts have no cash activity limit you’ll have to maintain higher balances to avoid the larger monthly fees in these upgraded accounts.

It looks like theses changes are more about Chase looking to generate more revenue from fees than an attempt to control capital.

http://www.forbes.com/sites/halahtouryalai/2013/10/17/no-jpm-isnt-banning-international-wire-transfers-no-limits-on-withdrawals-either/

james49 » There is only one thing to do and that is pray and pray some more. I’m not the only one blown :ezplode: away by all what is going on, if your really smart :genie: you might just figure out what just happened in the last 24 hours and be able to reason with it :goodluck: ,but I’m lost and confused :hmmm: so as I said, pray, pray and pray some more

Frank26 »  GREETINGS FAMILY :

I WAS GOING TO GIVE YOU A LONG EXPLANATION ON WHAT CHASE IS DOING BUT INSTEAD HERE IS A COMPACT VERSION. REASON BEING ……….IS BECAUSE NOVA HAS DONE AN EXCELLENT JOB IN INTRODUCING NEXT MONDAY AND TUESDAY’S CC.

ALSO……I HAVE ASKED EAGLE1 TO GET AN UPDATE FROM HIS BANK SOURCES ON CHASE ACTIVITY.

FOR WHAT IT’S WORTH FAMILY……..WE ASK DIFFERENT QUESTIONS THAN MANY OF YOU PROPOSE. EVERYBODY CALLING ME WANTS TO KNOW IS IT TRUE THAT CHASE WILL NOW LIMIT US TO $50,000 IN CASH WITHDRAWALS PER DAY?

WHERE THE CORRECT QUESTION SHOULD BE…….WHAT WAS THE LIMIT OF DAILY WITHDRAWALS BEFORE THIS EMAIL WENT OUT?

BECAUSE IF THE ANSWER IS……..UNLIMITED. THEN WE HAVE A GOOD PROBLEM BECAUSE WE HAVE TO CONSIDER THAT THIS ACTION MAY BE RELATED TO OUR INVESTMENT.

IF ……IT WAS ORIGINALLY LET’S SAY SET AT $100,000 PER DAY……THEN ALL THEY ARE DOING IS POSITIONING THEMSELVES TO MAKE A HIGHER PROFIT FROM YOU IN THEIR BANKING TRANSACTIONS OF CASH.

 LIKE NOVA TRIED TO EXPLAIN…….IT’S NOT A QUESTION OF WHETHER A BANK CAN HELP YOU WITH YOUR MONEY…….

IT’S MORE A QUESTION OF WILL THE BANK YOU CHOOSE GIVE YOU BACK YOUR MONEY AFTER YOU HAVE DEPOSITED IT INTO THEIR ACCOUNTS?

 YOU NEED TO BE A DEDICATED STUDENT TO THIS INVESTMENT BECAUSE YOU HAVE ALREADY CONQUERED THE EASIEST QUESTION OF BUYING OR NOT BUYING DINARS.

THE NEXT QUESTIONS THAT ARE RAPIDLY APPROACHING …….

DEPENDING ON HOW YOU ANSWER THEM IMO…..WILL DETERMINE WHAT HAPPENS WITH YOUR MONEY.

SO PRAY FOR US AS WE CONTINUE TO ASK…..OUR QUESTIONS. SHABIBI MADE A NICE SPEECH ……..I SURE HOPE WE ARE ALLOWED TO READ IT SOON.

MALIKI WAS SUPPOSED TO JOIN THE DC PARTY ON THE 25TH……..THEN YESTERDAY THEY CHANGED IT TO NOVEMBER 1ST.

MAY I EXPRESS AN OPINION BASED ON THE RIGHT QUESTIONS BEING ASKED?

IS MALIKI AND OBAMA AT THIS VERY SECOND ………….. INCHES APART FROM EACH OTHER …………. IN DC?

ONE MORE THOUGHT IF I MAY PRETTY PLEASE. WILL O TELL M ………. GO BE WITH YOUR FAMILY ……… NOW. JUST ASKING …………. QUESTIONS.

TAKE CARE OF EACH OTHER ………….. MY CHRISTIAN LOVE AND ALOHA.

PS……….. NOVA IS FROM BOSTON. GAME 5 TONIGHT. I THINK I’LL OPEN A CAN OF BAKED BEANS AND EAT ‘EM UP. LOL!   KTFA,  FRANK

Posting for Frank26:

On Monday’s conference call, Frank will have a special guest, a football coach that Frank introduced to the family last year; Hollywood is making a movie about this gentleman’s career.

He will join Frank’s conference call on Monday, and he will ask questions to continue the dialogue and discussion that Nova brought to us this past Monday.

On Tuesday, Frank will have another special guest — Delta will join the conference call. Delta does not have anything further to add than what he has already shared, which is why he has not been joining the conference calls.

However, in response to so many asking to hear from him, he has graciously accepted Frank’s invitation to be on the call on Tuesday, and he will take questions as well.

Please join Frank on Monday and Tuesday for these exciting and dynamic conference calls.

pmart » FRANK…..QUESTION…..PLEASE….QUESTION…… WHERE ARE THE AOPs RIGHT NOW? WHERE IS GEORGE BUSH JR?

WERE THEY INCLUDED IN THE BIG SECRET MEETING OF ALL THE GOV. OF THE CENRAL BANKS AT THE D.C. MEETING THIS PAST WEEK.?

AND IF WE ARE AT THE END….IT WOULD ONLY MAKE SENSE TO SEND M HOME WITH HIS FAMILY. SO…WHAT YOU THINK….FRANKIE    GO TIGERS !!!!!!!!

Thomas N :  Hi Walkingstick  Thank you for all your posts. Question for you…. If a Chinese RTing Age cy downgrades US debt shouldn’t Chinese debt be down graded? WSJ stated Chiba and Japan are equally in dire straits.

Coupled with the lack of GAPP and sound audit principles being conducted with many if China’s Companies it makes me aBt to go Hmmmm!!! Who’s calling the kettle back? Your thought please  Take care  TN

kufu21 »  Chase Bank Limits Cash Withdrawals, Bans International Wire Transfers | infowars       akaDaryaEconomy & BusinessPosted  

UPDATE: Chase Bank confirmed to Infowars that all business account holders were being subjected to these new regulations. They indicated that customers would have to pay a fee on every dollar withdrawn over the limit. ‘

Given that even a relatively small grocery store or restaurant is likely to turnover more than $50k a month in cash payments, this appears to be part of a wider move to shut down businesses who mainly deal in cash.

 Chase told us customers would have to upgrade to much more expensive accounts to avoid the capital controls, meaning larger corporations will not be affected. The bottom line is that banks think your money is their money and will do everything in their power to prevent you from withdrawing it in large quantities.

Oct 16, 2013 – Chase Bank confirmed to Infowars that all business account holders were being subjected to these new regulations.

They indicated that customers would have to pay a fee on every dollar withdrawn over the limit. Given that even a relatively small grocery store or restaurant is likely to turnover more than $50k a month in cash payments, this appears to be part of a wider move to shut down businesses who mainly deal in cash.

The bottom line is that banks think your money is their money and will do everything in their power to prevent you from withdrawing it.

Chase Bank has moved to limit cash withdrawals while banning business customers from sending international wire transfers from November 17 onwards, prompting speculation that the bank is preparing for a looming financial crisis in the United States by imposing capital controls.

Numerous business customers with Chase BusinessSelect Checking and Chase BusinessClassic accounts have received letters over the past week informing them that cash activity (both deposits and withdrawals) will be limited to a $50,000 total per statement cycle from November 17 onwards.

The letter reads;

Dear Business Customer,

Starting November 17, 2013:

– You will no longer be able to send international wire transfers. You will still be able to send domestic wires and receive both domestic and international wires. We’ll cancel any international wire transfers, including reccurring ones, you scheduled to be sent after this date.

– Your cash activity limit for these accounts(s) will be $50,000 per statement cycle, per account. Cash activity is the combined total of cash deposits made at branches, night drops and ATMs and cash withdrawals made at branches (including purchases of money orders) and ATMs.

These changes will help us more effectively manage the risks involved with these types of transactions.

Another letter (PDF) received by Peak to Peak Charter School, an Elementary School in Colorado, states that the option to send both international and domestic wire transfers has been withdrawn from Chase business savings account holders.

Shortly after we posted this story, other Chase business customers confirmed they had also received similar or identical letters.

“I’m a Chase customer with both of the type accounts mentioned and got the letter posted,” wrote one.

“I have been a loyal customer of Chase for 11 years and I received the letter for my business and when I called about this I was told basically piss off and find another bank!” added another.

Natural News’ Mike Adams also confirmed his company received the letter. “This is happening, folks! The capital controls begin on November 17th. The bank runs may follow soon thereafter. Chase Bank is now admitting that you cannot use your own money that you’ve deposited there,” writes Adams.

Meanwhile, financial expert Gerald Celente said the news was a sign that Americans should prepare for a bank holiday.

Chase is obviously very keen to make it hard for their customers to have any kind of control over their savings and is trying to prevent them from sending dollars abroad, prompting concerns that Cyprus-style account gouging could occur in America.

The move to limit deposits and withdrawals while banning international wire transfers altogether is a bizarre policy and will cripple many small and medium-sized businesses with Chase accounts.

Buying stock from abroad in any kind of quantity will now become impossible for many companies, while paying employees will also be a headache.

Grocery stores or restaurants that turnover more than $50k a month will be unable to use their account.

Why has Chase announced such a ludicrous and restrictive policy change? Speculation is rife that the bank is preparing for some kind of economic crisis by “locking down” its customers’ money

Others fear the move to restrict international wire transfers is part of a plan to protect against a near-future collapse of the US dollar.

Whatever the truth behind the policy change, Chase really needs to publicly explain its reasoning in order to quell the speculation.

The bank’s reputation was already under scrutiny after an incident earlier this year where Chase Bank customers across the country attempted to withdraw cash from ATMs only to see that their account balance had been reduced to zero.

The problem, which Chase attributed to a technical glitch, lasted for hours before it was fixed, prompting panic from some customers.

Earlier this month it was also reported that two of the biggest banks in America were stuffing their ATMs with 20-30 per cent more cash than usual in order to head off a potential bank run if the US defaults on its debt.    http://iranian.com/posts/view/post/22646

BigIron :  I received this letter but I was already splitting my deposits between 2 banks. I’ve been doing it for 5 years.

 The reason I started splitting the deposits was because my original bank put a 10 day hold on a deposit. I asked the bank manager if they were sending my deposit by pony express and he just laughed. Now they only get half.    If I need to I will open an account at another bank as well

harley_1 »]   Chase Banking….yes they are restructuring their banking policies. If anyone has opened a checking account in the last few years, one of the questions they ask is “will you be making more than X number of deposits or withdrawals per month”.

It is no surprise they are now limiting the number or amount of transactions in cash and international wire transfers. It is simply the evolution of banking and tightening of controls and yes, increasing their revenue by charging the customer more in fees and upgraded services.

 Probably pioneering the way for other banks to do the same. Quite honestly, it isn’t going to cause me any concern over my dinar investment, or any other type of investment. Just like the RV, whatever Chase and any other bank decides to do with “their” banking policies is completely out of my control.

LovedNblessed wrote on October 18th, 2013, 3:19 am: Greetings peeps!  Just a quick catch-up. Thank you Frank and team for all you do and thank you Randy for a great post.

A thought occurred to me this morning that one big advantage to this whole Dinar thing not RVing yet is that Iraq get to keep M for longer rather than him coming to London to live! :lmao: :lmao:  LovedNblessed

Frank26 » October 18th, 2013, 9:15 am  •  [Post 143] LOL …… Classic!!!  Put him on The Big Eye and pull the electricity when he is at the top………. :heeheehee:   Or put him inside Big Ben ………… Without earplugs…… :rofl:     ALOOOOOOOOOOOOHA Friday KTFA Family……. :hibye:

We are Blessed by Grace. May You be a blessing to someone today.  KTFA, Frank

walkongstick wrote on October 18th, 2013, 7:45 am: Al-Maliki visits Washington on October 29 at the invitation of Biden 18-10-2013-11: 44  Alsumaria news/Baghdad

The Office of Prime Minister Nuri al-Maliki on Friday, Al-Maliki’s visit to the United States will begin on 29 October, indicating that the visit came at the invitation of us Vice President Joe Biden.

The Office said in a statement published today on his website and read the Sumerian “news”, “Prime Minister Nuri al-Maliki will starting from the 29th of this month visited the United States at the invitation of u.s. Vice President Joe Biden, noting that” during the visit, will hold meetings with u.s. President Barack Obama and Vice President Joe Biden and senior officials in the United States. “

The Office said that “these meetings focused on ways to strengthen the ties of friendship and partnership in the light of the strategic framework agreement between the two countries,” adding that “the talks will also deal with developments in the region especially the Syrian crisis, prospects for cooperation between the two sides to install the regional security and stability.”

The Office said that Al-Maliki during the visit will also give a lecture on the situation in Iraq and the region in one of the research centers there.

The White House, Thursday (17 October 2013), that Iraqi Prime Minister Nuri al-Maliki will meet with us President Barack Obama in Washington in November.

With Prime Minister Nuri al-Maliki, on Thursday, that the purpose of his visit that he intends to make to the United States to discuss the strategic framework agreement, indicating that there is a desire to give effect to this Convention.

http://www.alsumaria.tv/iraq-news/1/%D8%B3%D9%8A%D8%A7%D8%B3%D8%A9/ar

Frank26 » October 18th, 2013, 9:24 am  •  [Post 148]  This has gone from the Oct 25th to the 1st of Nov then the 8th now back to the 29th of Oct.  Logic says it will change again.

Something is wrong here or ………. Correctly falsified for a purpose to suit O and M.  KTFA, Frank

walkongstick wrote on October 18th, 2013, 8:55 am: October 17, 2013 3:38 pm

Guessing game starts on timing of Venezuela devaluation

By Andres Schipani in Bogotá and Robin Wigglesworth in London

Beauty pageants are to Venezuela what football is to Argentina or baseball to Cuba – a spectacle that allows people to forget their everyday woes. Yet at the Miss Venezuela competition last week, even the contestant from the capital Caracas had a gritty message for the audience, saying she wanted her country “to fight in the face of adversity”.

Not even under the lights could the brunette model dodge the reality that Venezuelans are battling an economic crisis that threatens the legacy of Hugo Chávez and his “Bolivarian revolution” and which is coming to the boil as the overvalued exchange rate drains foreign reserves.

“The big warning sign for Venezuela is its plummeting foreign exchange reserves,” says Michael Riddell, a bond fund manager at M&G Investments in London.

The Opec nation’s $95bn of annual oil revenues mean default on its more than $45bn of foreign debt remains improbable. Nonetheless, analysts say the country could face financing issues, as only a small percentage of its foreign reserves are liquid.

Headline foreign reserves have fallen to $21bn from $30bn at the start of the year; furthermore, because of large gold holdings, only some $2bn of that is fully liquid.

Still, after including off-budget funds, such as a development fund that is partially Chinese financed and the foreign currency account of PDVSA, the state oil company, total available reserves are approximately $48bn, analysts estimate.

“Venezuela is not broke,” says Efraín Velázquez, president of the National Economic Council, a government watchdog. Instead, the country “has had inappropriate international reserves management”.

That mismanagement is now flaring up, however, ahead of municipal elections on December 8 – a poll widely seen as a referendum on the popularity of Nicolas Maduro, the president. Central to the economic problems he faces is the exchange rate, officially fixed at 6.3 bolivars to the US dollar but trading on the black market at close to 50 bolivars.

That widening gap has led to a flourishing arbitrage by insiders who have access to dollars at the official rate and can then sell them at the street rate, pocketing the difference. ”

Currency restrictions have also exacerbated shortages of essential goods, fuelling inflation running at almost 50 per cent a year. Toyota announced that it will this month shut its Venezuelan plant for two weeks because of delays in getting dollars needed to buy materials.

Investors outside the country have been watching worriedly. The yield on Venezuela’s benchmark 2027 dollar bond has risen to more than 12 per cent from under 9 per cent at the start of the year.

The annual cost of insuring $10m of Venezuelan debt against default for five years, as measured by credit default swaps, has also risen to $983,000 versus $600,000 in January.

Nonetheless, Francisco Rodríguez, Venezuela economist at Bank of America Merrill Lynch, shrugs off the market concerns, saying total foreign reserves of $48bn can cover some 10 months of imports and four years of debt service.

“The excessive focus on the country’s short-term liquidity situation runs the risk of missing the forest for the trees,” he wrote in a recent note to investors. ‘

While $2bn cash reserves might seem little, “this is not an abnormal number by Venezuelan standards – it is near the average for the past four years – making it hard to understand recent concerns with liquidity levels”.

One reason for that concern is lack of action by Mr Maduro’s administration to face up to problems. Behind the scenes, his ruling Socialist party faces internecine fights between radical ideologues and pragmatists, a tug of war that has led to a stalemate which has only worsened the economic situation.

A devaluation, for example, would boost the local currency value of Venezuela’s dollar oil receipts – the country’s time-honoured solution to closing a fiscal deficit – and also remove the need for currency restrictions.

But doing so before the December 8 elections would damage Mr Maduro, who has to decide whether his administration “wants to be politically popular or economically sustainable”, as Stratfor, the risk consultancy, puts it.

“We see little scope for President Maduro to re-engineer a new path for the economy of Venezuela,” says Paolo Batori, Morgan Stanley’s global head of sovereign strategy. He has “little flexibility for any diversion from the populist oil-financed government spending policies of his predecessor”.

Nonetheless, analysts agree a large devaluation seems all but inevitable at some point. Indeed, planning minister Jorge Giordani recently said Mr Maduro would outline changes to macroeconomic policy at “an appropriate moment”.

In the meantime, or at least until after the election, Mr Maduro has taken to blaming Venezuela’s problems on corruption, sabotage, speculation and hoarding, and has asked lawmakers for decree powers to fight graft and an “economic war”.

Co-incidentally, when his mentor Chávez presided over maxi-devaluations in 2002 and 2010, the government also claimed that the country’s foreign exchange and broader economic problems were due to economic sabotage.

http://www.ft.com/intl/cms/s/0/f1976846-372e-11e3-9603-00144feab7de.html#axzz2hzoxEHaj

Frank26 » October 18th, 2013, 9:34 am  •  [Post 153] Venezuela going down ………. Yesterday China Yuan up 20% to the dollar.  Many swapping.

Call it a GCR or another word…………. But it is HAPPENING. KTFA, Frank………. Amen.

mike100 » October 18th, 2013, 9:42 am  •  [Post 158]  Frank i am starting to believe Talabani is indeed DEAD!!! have u heard anything else of his presence? many are calling on the government to reveal the details.

james49 wrote on October 18th, 2013, 9:50 am:  Frank if its happening when do you think we will see it? not asking for a date just Y.O.

Frank26 » October 18th, 2013, 9:56 am  •  [Post 163] I have to run now but IMO:

As we shared on our last CC ………. Once we see our government re-open they will become more vulnerable to telling us The Truth of the 20 nations in DC.

Then …….. We expressed to allow at least 30 days to transpire before become impatient.   KTFA, Frank

Okie Q&A at OOM&F Monday Evening

[KajunRedBull] ..OkieOilMan have you come across any info saying to reap the high rate at CE we now have only 4 days?

[..OkieOilMan] REDBULL–THAT IS A PREFERENTIAL TIME FACTOR–ENTIRELY UNREALISTIC BUT DESIRABLE

[Orchid] ..OkieOilMan I certainly hope IMF has a mechanism in place to deal with those that have reportedly exchanged in the US… should they have to step in. Why should they get a better deal than anyone else before this is released?

[..OkieOilMan] ORCHID–YOUR ADDRESSING ISSUES NOT PREVELANT NOW

[KajunRedBull] ..OkieOilMan have you come across any info saying to reap the high rate at CE we now have only 4 days?

[..OkieOilMan] REDBULL–THAT IS A PREFERENTIAL TIME FACTOR–ENTIRELY UNREALISTIC BUT DESIRABLE

 [surfnomad] ..OkieOilMan Have you heard if we (the US) don’t get our act together soon that the IMF will take this to Europe
….
Read More Link on Right

[..OkieOilMan] SURFNOMAD–RUMOR’S NOT CORRECT

[Orchid] ..OkieOilMan So is the Nov. 14th end date to exchange smoke?

[..OkieOilMan] ORCHID–30 DAYS FROM INITIATION TO COMPLETION OF REMOVING 3 ZERO NOTES OUT OF CIRCULATION

[shag9] ..OkieOilMan Can you tell us what we should be looking for now?

[..OkieOilMan] SHAG9–THAT CAR COMING UP FAST BEHIND YOU WITH RED AND BLUE LIGHTS FLASHING

 [zzzzzzzz] Okie… so the best case scenario is they vote in the morning, things get approved, and 800 numbers come out tomorrow sometime?

[..OkieOilMan] ZZZZZZ-THATS A PALATABLE SCENARIO—YOUR SHARPER THAN MOST KNIVES IN THIS DRAWER

 [goose6767] ..OkieOilMan Is there anything that can delay this further than this weekend?

[..OkieOilMan] GOOSE6767—-THINGS CONSTANTLY CHANGE–THAT IS A QUESTION WE ASK OURSELVES EVERY WEEKEND

[DinarBob] ..OkieOilMan I keep hearing about the NDA’s. I know it is a sore subject. My question: Is there a difference in the NDA at WF (private placement) and the NDA for a non private placement currency exchange?

[..OkieOilMan] DINARBOB–YES–THEY ARE 2 DIFFERENT ARRANGEMENTS OR AGREEMENTS IF YOU WILL

 [.~SBM0601] ..OkieOilMan Sir I want to thank you for being as Honorable as you are. I am proud to be part of this Family and be able to stand with you in this event. You have brought Honor to all Patriots and proudness to all Christians. I take my hat off to you and pray for peace in your life. God bless you Brother.

[..OkieOilMan] SBM0601–MY HAT’S OFF TO YOU ALSO MY FRIEND

[mrkleen] .~SBM0601 Amen, and I stand in agreement with you!!

[mrkleen] ..OkieOilMan I think OBummer has a different legacy he’d like to be known for…….all along, he has known our debt could be brought down from this CE, and when it finally happens, HE will want to take credit for the success of it…. .

[..OkieOilMan] MRKLEEN—THE PROCEEDS RECEIVED BY THE GOVERMENT WON’T BE PUBICLY PROMOTED OR ANNOUNCED. THEY WANT TO KEEP THE POPULUS FROM KNOWING FOR ONLY A FEW HUNDRED BUCKS YOU COULD HAVE BEEN A MILLIONAIRE—THUS–THE NEED FOR THE NDA. THE USG WILL INCREMENTALLY EASE MONEY INTO THE TREASURE TO APPEAR LIKE IT IS FROM TAXATION PROCEEDS SO AS TO NOT RAISE EYEBROWS WHEN ALL OF A SUDDEN WERE OUT OF DEBT

[vanita] ..OkieOilMan If wee belong to “your group” is that consdidered a private placement? And what is the largest difference4?

[greek1212] ..OkieOilMan if the Debt issue and govt shutdown come n go what can we expect from our RV

[..OkieOilMan] GREEK–ELABORATE–YOUR QUESTION NEEDS CLARIFICATION

[..Sambo] ..OkieOilMan I CAN SEE THEM (DC) TRYING TO TAKE CREDIT FOR THE BLESSINGS

[greek1212] ..OkieOilMan If both issues get resolved and we do not see our RV, whats next? We have tied alot of events to the RV and they havent panned out??

[..OkieOilMan] VIRTUALLY THE SAME SCENARIO ABOUT A BALANCED BUDGET WITH A SURPLUS OCCURED UNDER THE CLINTON ADMINISTRATION—AND FOR THE SAME REASON

[..OkieOilMan] GREEK—–THERE ARE NO ——NEXT!!!

[DinarBob] ..OkieOilMan Do you think we will have access to the NDA’s before we call for an appointment? There is alot of of difference between a 20 page NDA and a 5 page NDA. I will be on my computer working as hard as I can to find out about the NDA’s and rates on my own. Any suggestions?

[..OkieOilMan] DINARBOB–NDA WILL BE AVAILABLE AT BANK’S ONLY AND NOT PREVIOUSLY PUBLISHED

[1unicorndream] Dear Lord please let your humble servant Okie Oil MAn to finally land his RV jet. He has worked so hard for ALL of us and you as well that he is over due a well earned rest along with all his MODS. Please dear Lord I ask this in the name of your loving son Jesus, Amen. :angel:

 [..OkieOilMan] UNICORN–A VERY APPROPRIATE PRAYER—–MANY THANKS

[freddyj] ..OkieOilMan anything you want to say about PP’s?

[..OkieOilMan] FREDDYJ–THERE APPEARS TO BE NOTHING PRESSING OR CURRENT BUT AT LAST INFORMATION RECEIVED SOME PROGRAMS WAS SET TO GO 30 DAYS AFTER THE R/V AND SOME WERE SET TO GO ALONG WITH THE R/V

[ratjman] ..OkieOilMan am I reading to much into this are will i finally be able to see a banker this week

[..OkieOilMan] RATJMAN—THAT IS THE PLAN AS OF NOW BARRING MURPHY’S LAW INTERVENING AGAIN—REMEMBER—-THINGS CHANGE OFTEN AND INSTANTLY

[..OkieOilMan] I TRUELY BELIEVE THE NEXT FEW DAYS WILL BE OF HISTORIC PROPORTION TO NOT ONLY US BUT TO THE ENTIRE WORLD’S ECONOMIC SYSTEM

[graci] OkieOilMan are you beginning to relax…is some of the pressure going away?

 [..OkieOilMan] GRACI—THE MOMENTUM IS JUST NOW PICKING UP

[kc135nav] ..OkieOilMan ….When all is said and done….do you think George Bush will get the blame for the RV? :rofl:

[..OkieOilMan] REFUELER—-(KC145) BLAME—I WILL KISS THE GROUND HE WALKS ON

 [gwallace] ..OkieOilMan Someone said that the 17th could extend maybe one or two days. Your thoughts

[..OkieOilMan] GWALLACE–THE 17TH IS ONLY A PROJECTION–WE HAVE ENOUGH TAX REVENUE COMING IN MONTHLY TO AVOID DEFAULT—ANOTHER SYNISTER TRICK BY “O” TO SCARE PEOPLE

[r2d2] ..OkieOilMan I take care of an elderly friend that bought Dinar. I have her POA for tax and currency exchange matters. HOw do I handle the NDA?.

[..OkieOilMan] R2D2–YOU ANSWERED YOUR OWN QUESTION—–YOU HAVE THE POWER OF ATTORNEY—NUFF SAID

[Frenchy] ..OkieOilMan Sorry Just Logged on after a Long Day, If you answered already apologies I can’t see it. What are the Odds of your Post today???

[..OkieOilMan] FRENCHY–ODD’S???—-I DUNNO—CALL VEGAS

[JNellie] ..OkieOilMan Okie….gonna miss you when this is all over and done! You’ve been a part of our lives for such a long time now!

[..OkieOilMan] JNELLIE–KINDA LIKE A WART ON YOUR NOSE—KINDA HARD TO MISS

[44k] ..OkieOilMan – do you have an opinion either way … about reserves and the ability to collect them and redeem them ?

 [..OkieOilMan] 44K–TAKE 1 25K NOTE TO BANK AND REDEAM AND GET YOUR RESERVES—A 25K NOTE EQUATES TO SOMEWHERE AROUND 600K

[chillimac] ..OkieOilMan , i have waited so , so long to get to talk with you or get to meet you, is there any possibility that you might be in Vegas when Tony is so that I may get to shake your hand??

 [[..OkieOilMan] CHILLMAC–THINK ABOUT THE SECURITY FACTOR WHEN THE CROOKS KNOW’S AHEAD OF TIME OF 25000 MILLIONAIRES BEING IN ONE PLACE AT ONCE

 [kjroberts] ..OkieOilMan Do you think all along this was the plan….raise the debt ceiling so when we CE, it will be disquised ???

 [..OkieOilMan] KJROBERTS—THE ONLY WAY TO HIDE AN ELEPHANT IS BEHIND A LARGER ELEPHANT

[mykitty] ..OkieOilMan If I took some VND to the bank tomorrow would I get anything for it? [..OkieOilMan] MYKITTY–THE VND (VNN) WILL GO AT THE SAME TIME AS THE IQD (IQN)

[.SEDNET1] ..OkieOilMan “IF” THE IMF HAS TO FORCE THE RV, (LORD FORBID) WHAT RATE WOULD BE ANTICIPATED?

[..OkieOilMan] SEDNET–IT WOULD BE MUCH LOWER HOWEVER FOR THE SIGNIFICANT DIFFERENCE IN RATE THE USA WILL NOT LET THAT HAPPEN

[.SEDNET1] AYE SIR

[doghouse] ..OkieOilMan – since congress, etc are exempt from Obamacare, couldn’t they pass tax laws and make themselves exempt from paying tax…

[..OkieOilMan] DOGHOUSE–NO BUT THEY HAVE AVAILABLE LOOP-HOLES THE AVERAGE TAX PAYER DOESN’T WHICH MAKES UP FOR IT IN THE LONG RUN\

[r2d2] ..OkieOilMan I have gifted my kids notes. Could I get POA’s from them and get all my banking done at one time?

 [..OkieOilMan] R2D2–HOW OLD ARE YOUR KIDS?

 [r2d2] I have grandkid

[..OkieOilMan] R2D2–WHAT AGE ARE YOUR KIDS?—YOUR ANSWER WILL DETERMINE MY REPLY

[r2d2] ..OkieOilMan 30, 33 , 32

[..OkieOilMan] R2D2–AT THAT AGE IF THEIR MENTALLY CAPABLE LET THEM START RESUMING RESPONSIBILITY YOU HAVE HAD ALL THESE YEARS—ITS TIME THEY LEARN

[carguy] ..OkieOilMan Good evening and thank you for all you do. When will we reach the point that we Dinarians must take action to force the issue? If the PTB dont want this public knowledge, don’t we hold more power in this situation than we think?

 [..OkieOilMan] CARGUY–UNNECESSARY NOW

 [kjroberts] ..OkieOilMan Being in Canada, and have reserves in the US, do you know if we could CE in the US. Have a address and Bank account?

[..OkieOilMan] KJROBERTS—I WOULD CONSIDER A RESIDENCE IN THE USA EVEN A RENTED APARTMENT HAS A USA ADDRESS DOESN’T IT?

[nicole&paul] Okie do you think “whales” are double dipping?

[..OkieOilMan] NICHOLE -PAUL–THAT IS DEFINITELY WHAT IS HAPPENING—

[lucky] foreclosure sale next monday….will this happen before then? Iyo

[..OkieOilMan] LUCKY–WE HOPE SO AND IT SURE LOOKS GOOD PRESENTLY

 [gapeach56] ..OkieOilMan Did O pass a law back in the spring which exempts the political group from declaring they have completed a currency exchange? (and hence eliminating tax)

[..OkieOilMan] GAPEACH–UNKNOWN

[carguy] ..OkieOilMan Please elaborate on why it is now unnecessary for we Dinarians take action to force a conclusion to the RV? If we are here 60 days from without an RV would your answer be the same? Thank you.

[..OkieOilMan] CARGUY–AFTER (AND THAT IS NOT POSSIBLE) WE DON’T CONTROL ANYTHING

[preacherman] WOW! Two days of pure uncut Hopium. Thanks O’Man. I’ve got enough to last at least another 24 hours. Blessings on ya!!! Am thanking the Lord for you. You have done and are doing the in depth research I don’t have time for. Thanks again brother-man. No questions just gratitude.

[..OkieOilMan] THNX PREACHERMAN—-READING YOUR BIBLE IS MUCH MORE IMPORTANT THAN CHASING INTEL

[grounded] ..OkieOilMan Thanks for keeping all of us in the loop. You have certainly kept many of us in the game. We are VERY grateful for all that you have done. My birthday is October 17th. It sounds like I will have a memorable celebration.

[..OkieOilMan] GROUNDED–HAPPY BIRTHDAY AND I HOPE IT IS ONE TO REMEMBER —-IN MORE WAYS THAN ONE

Okie Q&A at OOM&F Monday Evening

[KajunRedBull] ..OkieOilMan have you come across any info saying to reap the high rate at CE we now have only 4 days?

[..OkieOilMan] REDBULL–THAT IS A PREFERENTIAL TIME FACTOR–ENTIRELY UNREALISTIC BUT DESIRABLE

[Orchid] ..OkieOilMan I certainly hope IMF has a mechanism in place to deal with those that have reportedly exchanged in the US… should they have to step in. Why should they get a better deal than anyone else before this is released?

[..OkieOilMan] ORCHID–YOUR ADDRESSING ISSUES NOT PREVELANT NOW

[KajunRedBull] ..OkieOilMan have you come across any info saying to reap the high rate at CE we now have only 4 days?

[..OkieOilMan] REDBULL–THAT IS A PREFERENTIAL TIME FACTOR–ENTIRELY UNREALISTIC BUT DESIRABLE

 [surfnomad] ..OkieOilMan Have you heard if we (the US) don’t get our act together soon that the IMF will take this to Europe
….
Read More Link on Right

[..OkieOilMan] SURFNOMAD–RUMOR’S NOT CORRECT

[Orchid] ..OkieOilMan So is the Nov. 14th end date to exchange smoke?

[..OkieOilMan] ORCHID–30 DAYS FROM INITIATION TO COMPLETION OF REMOVING 3 ZERO NOTES OUT OF CIRCULATION

[shag9] ..OkieOilMan Can you tell us what we should be looking for now?

[..OkieOilMan] SHAG9–THAT CAR COMING UP FAST BEHIND YOU WITH RED AND BLUE LIGHTS FLASHING

 [zzzzzzzz] Okie… so the best case scenario is they vote in the morning, things get approved, and 800 numbers come out tomorrow sometime?

[..OkieOilMan] ZZZZZZ-THATS A PALATABLE SCENARIO—YOUR SHARPER THAN MOST KNIVES IN THIS DRAWER

 [goose6767] ..OkieOilMan Is there anything that can delay this further than this weekend?

[..OkieOilMan] GOOSE6767—-THINGS CONSTANTLY CHANGE–THAT IS A QUESTION WE ASK OURSELVES EVERY WEEKEND

[DinarBob] ..OkieOilMan I keep hearing about the NDA’s. I know it is a sore subject. My question: Is there a difference in the NDA at WF (private placement) and the NDA for a non private placement currency exchange?

[..OkieOilMan] DINARBOB–YES–THEY ARE 2 DIFFERENT ARRANGEMENTS OR AGREEMENTS IF YOU WILL

 [.~SBM0601] ..OkieOilMan Sir I want to thank you for being as Honorable as you are. I am proud to be part of this Family and be able to stand with you in this event. You have brought Honor to all Patriots and proudness to all Christians. I take my hat off to you and pray for peace in your life. God bless you Brother.

[..OkieOilMan] SBM0601–MY HAT’S OFF TO YOU ALSO MY FRIEND

[mrkleen] .~SBM0601 Amen, and I stand in agreement with you!!

[mrkleen] ..OkieOilMan I think OBummer has a different legacy he’d like to be known for…….all along, he has known our debt could be brought down from this CE, and when it finally happens, HE will want to take credit for the success of it…. .

[..OkieOilMan] MRKLEEN—THE PROCEEDS RECEIVED BY THE GOVERMENT WON’T BE PUBICLY PROMOTED OR ANNOUNCED. THEY WANT TO KEEP THE POPULUS FROM KNOWING FOR ONLY A FEW HUNDRED BUCKS YOU COULD HAVE BEEN A MILLIONAIRE—THUS–THE NEED FOR THE NDA. THE USG WILL INCREMENTALLY EASE MONEY INTO THE TREASURE TO APPEAR LIKE IT IS FROM TAXATION PROCEEDS SO AS TO NOT RAISE EYEBROWS WHEN ALL OF A SUDDEN WERE OUT OF DEBT

[vanita] ..OkieOilMan If wee belong to “your group” is that consdidered a private placement? And what is the largest difference4?

[greek1212] ..OkieOilMan if the Debt issue and govt shutdown come n go what can we expect from our RV

[..OkieOilMan] GREEK–ELABORATE–YOUR QUESTION NEEDS CLARIFICATION

[..Sambo] ..OkieOilMan I CAN SEE THEM (DC) TRYING TO TAKE CREDIT FOR THE BLESSINGS

[greek1212] ..OkieOilMan If both issues get resolved and we do not see our RV, whats next? We have tied alot of events to the RV and they havent panned out??

[..OkieOilMan] VIRTUALLY THE SAME SCENARIO ABOUT A BALANCED BUDGET WITH A SURPLUS OCCURED UNDER THE CLINTON ADMINISTRATION—AND FOR THE SAME REASON

[..OkieOilMan] GREEK—–THERE ARE NO ——NEXT!!!

[DinarBob] ..OkieOilMan Do you think we will have access to the NDA’s before we call for an appointment? There is alot of of difference between a 20 page NDA and a 5 page NDA. I will be on my computer working as hard as I can to find out about the NDA’s and rates on my own. Any suggestions?

[..OkieOilMan] DINARBOB–NDA WILL BE AVAILABLE AT BANK’S ONLY AND NOT PREVIOUSLY PUBLISHED

[1unicorndream] Dear Lord please let your humble servant Okie Oil MAn to finally land his RV jet. He has worked so hard for ALL of us and you as well that he is over due a well earned rest along with all his MODS. Please dear Lord I ask this in the name of your loving son Jesus, Amen. :angel:

 [..OkieOilMan] UNICORN–A VERY APPROPRIATE PRAYER—–MANY THANKS

[freddyj] ..OkieOilMan anything you want to say about PP’s?

[..OkieOilMan] FREDDYJ–THERE APPEARS TO BE NOTHING PRESSING OR CURRENT BUT AT LAST INFORMATION RECEIVED SOME PROGRAMS WAS SET TO GO 30 DAYS AFTER THE R/V AND SOME WERE SET TO GO ALONG WITH THE R/V

[ratjman] ..OkieOilMan am I reading to much into this are will i finally be able to see a banker this week

[..OkieOilMan] RATJMAN—THAT IS THE PLAN AS OF NOW BARRING MURPHY’S LAW INTERVENING AGAIN—REMEMBER—-THINGS CHANGE OFTEN AND INSTANTLY

[..OkieOilMan] I TRUELY BELIEVE THE NEXT FEW DAYS WILL BE OF HISTORIC PROPORTION TO NOT ONLY US BUT TO THE ENTIRE WORLD’S ECONOMIC SYSTEM

[graci] OkieOilMan are you beginning to relax…is some of the pressure going away?

 [..OkieOilMan] GRACI—THE MOMENTUM IS JUST NOW PICKING UP

[kc135nav] ..OkieOilMan ….When all is said and done….do you think George Bush will get the blame for the RV? :rofl:

[..OkieOilMan] REFUELER—-(KC145) BLAME—I WILL KISS THE GROUND HE WALKS ON

 [gwallace] ..OkieOilMan Someone said that the 17th could extend maybe one or two days. Your thoughts

[..OkieOilMan] GWALLACE–THE 17TH IS ONLY A PROJECTION–WE HAVE ENOUGH TAX REVENUE COMING IN MONTHLY TO AVOID DEFAULT—ANOTHER SYNISTER TRICK BY “O” TO SCARE PEOPLE

[r2d2] ..OkieOilMan I take care of an elderly friend that bought Dinar. I have her POA for tax and currency exchange matters. HOw do I handle the NDA?.

[..OkieOilMan] R2D2–YOU ANSWERED YOUR OWN QUESTION—–YOU HAVE THE POWER OF ATTORNEY—NUFF SAID

[Frenchy] ..OkieOilMan Sorry Just Logged on after a Long Day, If you answered already apologies I can’t see it. What are the Odds of your Post today???

[..OkieOilMan] FRENCHY–ODD’S???—-I DUNNO—CALL VEGAS

[JNellie] ..OkieOilMan Okie….gonna miss you when this is all over and done! You’ve been a part of our lives for such a long time now!

[..OkieOilMan] JNELLIE–KINDA LIKE A WART ON YOUR NOSE—KINDA HARD TO MISS

[44k] ..OkieOilMan – do you have an opinion either way … about reserves and the ability to collect them and redeem them ?

 [..OkieOilMan] 44K–TAKE 1 25K NOTE TO BANK AND REDEAM AND GET YOUR RESERVES—A 25K NOTE EQUATES TO SOMEWHERE AROUND 600K

[chillimac] ..OkieOilMan , i have waited so , so long to get to talk with you or get to meet you, is there any possibility that you might be in Vegas when Tony is so that I may get to shake your hand??

 [[..OkieOilMan] CHILLMAC–THINK ABOUT THE SECURITY FACTOR WHEN THE CROOKS KNOW’S AHEAD OF TIME OF 25000 MILLIONAIRES BEING IN ONE PLACE AT ONCE

 [kjroberts] ..OkieOilMan Do you think all along this was the plan….raise the debt ceiling so when we CE, it will be disquised ???

 [..OkieOilMan] KJROBERTS—THE ONLY WAY TO HIDE AN ELEPHANT IS BEHIND A LARGER ELEPHANT

[mykitty] ..OkieOilMan If I took some VND to the bank tomorrow would I get anything for it? [..OkieOilMan] MYKITTY–THE VND (VNN) WILL GO AT THE SAME TIME AS THE IQD (IQN)

[.SEDNET1] ..OkieOilMan “IF” THE IMF HAS TO FORCE THE RV, (LORD FORBID) WHAT RATE WOULD BE ANTICIPATED?

[..OkieOilMan] SEDNET–IT WOULD BE MUCH LOWER HOWEVER FOR THE SIGNIFICANT DIFFERENCE IN RATE THE USA WILL NOT LET THAT HAPPEN

[.SEDNET1] AYE SIR

[doghouse] ..OkieOilMan – since congress, etc are exempt from Obamacare, couldn’t they pass tax laws and make themselves exempt from paying tax…

[..OkieOilMan] DOGHOUSE–NO BUT THEY HAVE AVAILABLE LOOP-HOLES THE AVERAGE TAX PAYER DOESN’T WHICH MAKES UP FOR IT IN THE LONG RUN\

[r2d2] ..OkieOilMan I have gifted my kids notes. Could I get POA’s from them and get all my banking done at one time?

 [..OkieOilMan] R2D2–HOW OLD ARE YOUR KIDS?

 [r2d2] I have grandkid

[..OkieOilMan] R2D2–WHAT AGE ARE YOUR KIDS?—YOUR ANSWER WILL DETERMINE MY REPLY

[r2d2] ..OkieOilMan 30, 33 , 32

[..OkieOilMan] R2D2–AT THAT AGE IF THEIR MENTALLY CAPABLE LET THEM START RESUMING RESPONSIBILITY YOU HAVE HAD ALL THESE YEARS—ITS TIME THEY LEARN

[carguy] ..OkieOilMan Good evening and thank you for all you do. When will we reach the point that we Dinarians must take action to force the issue? If the PTB dont want this public knowledge, don’t we hold more power in this situation than we think?

 [..OkieOilMan] CARGUY–UNNECESSARY NOW

 [kjroberts] ..OkieOilMan Being in Canada, and have reserves in the US, do you know if we could CE in the US. Have a address and Bank account?

[..OkieOilMan] KJROBERTS—I WOULD CONSIDER A RESIDENCE IN THE USA EVEN A RENTED APARTMENT HAS A USA ADDRESS DOESN’T IT?

[nicole&paul] Okie do you think “whales” are double dipping?

[..OkieOilMan] NICHOLE -PAUL–THAT IS DEFINITELY WHAT IS HAPPENING—

[lucky] foreclosure sale next monday….will this happen before then? Iyo

[..OkieOilMan] LUCKY–WE HOPE SO AND IT SURE LOOKS GOOD PRESENTLY

 [gapeach56] ..OkieOilMan Did O pass a law back in the spring which exempts the political group from declaring they have completed a currency exchange? (and hence eliminating tax)

[..OkieOilMan] GAPEACH–UNKNOWN

[carguy] ..OkieOilMan Please elaborate on why it is now unnecessary for we Dinarians take action to force a conclusion to the RV? If we are here 60 days from without an RV would your answer be the same? Thank you.

[..OkieOilMan] CARGUY–AFTER (AND THAT IS NOT POSSIBLE) WE DON’T CONTROL ANYTHING

[preacherman] WOW! Two days of pure uncut Hopium. Thanks O’Man. I’ve got enough to last at least another 24 hours. Blessings on ya!!! Am thanking the Lord for you. You have done and are doing the in depth research I don’t have time for. Thanks again brother-man. No questions just gratitude.

[..OkieOilMan] THNX PREACHERMAN—-READING YOUR BIBLE IS MUCH MORE IMPORTANT THAN CHASING INTEL

[grounded] ..OkieOilMan Thanks for keeping all of us in the loop. You have certainly kept many of us in the game. We are VERY grateful for all that you have done. My birthday is October 17th. It sounds like I will have a memorable celebration.

[..OkieOilMan] GROUNDED–HAPPY BIRTHDAY AND I HOPE IT IS ONE TO REMEMBER —-IN MORE WAYS THAN ONE

Sunday Night Dinar Chatter

TNT:

RobDel: Hi folks, remember that exchange link from India showing the IQD at 8.83?  Well I sent the link to one of my informants at a major bank.  Here is what I got back.

(THE MAIN POINT IF WANT YOU TO TAKE AWAY IS THE VERY LAST SENTENCE) 

Im not making this up, if you dont believe this, just walk away dont vomit your negativism on me. OK?  OK here it is (I got this Saturday monrning 9/21)

Good morning! I passed this on to my contact and following is his reply:

Hi, xxxxxxx: I have seen this site.  The problem with their converter is that they are placing the decimal point in the wrong place.  They are also showing the Dong at 4.74 when it is supposed to be .474 (or $.47).  The 8.83 should be $.883 with the three zeros dropped.

Is that the exchange rate?  NO.  We had a California bank yesterday that nearly cashed out a customer at $3.40.  When the customer was told that the IQD was showing on the screens, she ran home to get her Dinar.  When she came back, the rate was gone from the screens. 

The bank manager told her that this was happening more frequently of late and that he expected it to finally stay after this weekend.
Blessings.    xxx   xxxxxxxxx

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Read More Link on Right

[LaGal] “Never give up on what you really want to do. The person with big dreams is more powerful than one with all the facts.” – Author Unknown

[Echo4Sierra] So the lady that got me involved with the dinar. Just called and her brother was the one who got her involved. Says he has a source in the government. And this is going down tomorrow

[donhutto] Tomorrow…we wake up rich…..bless you all..nuff said

[GreatlyBlessed] Echo4Sierra I sure hope that tomorrow is the day.

[Echo4Sierra] Ichthus I wouldn’t post it if I didn’t know this lady very well. Considering its my mom and uncle.

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

I4U:

[redhead11] One thing we need to remember – when George Bush set up this program – it was for 10 years – and that 10 years expires in October 2013 – and where are we – close.

 [blessed2] FLPatriot59 I have my very own bank story! And I did NOT go to the bank, I repeat, I did NOT go to the bank. Want to hear it? Not super exciting but exciting still the same!

 [Leeparty] blessed2 yes please

[Dinarblessed] blessed2 go for it!

[blessed2] Well. I am a teacher and we had early release day at school. A local bank catered our lunch which was really nice. The students went home early.I watched this one bank person just standing at the side while all the other bank personel were busy serving us. This was taking place in my library.

[blessed2] I walked over and asked this person what their position was at the bank.  She said that she was just currently working at this bank but was going to be a branch manager at a bank in another town close to the one I live in.  Which was perfect because she did not know who I was nor I her.

[blessed2] I asked her about foreign currency and she wanted to know if I was asking about the dinar. She asked me for my name and number. So I thought…I will probably never hear from her. Our conversation was limited…. you know, bad place to conduct business. People all around. Anyway…

[blessed2] Believe it or not, I received a message from her at 6:00 in the evening. I missed the call but she was calling to give me a contact name at the bank she is going to. I thought that was so cool! A call back! you know?

[dollarbill] blessed2 definately!

[blessed2] This was Friday! I didn’t call back on Saturday. Playing hard to get, lol…

[terrib] blessed2 absolutely!!!!!!

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

KTFA:

by sigshome » September 22nd, 2013,

Tips to make the Dinar Rollercoaster go smoothly …

1 Thank God for today , your health , your family and your needs being met .

2 Know that SOMEDAY this will happen .

3 Read and listen to info about the dinar as time permits .

4 THANK those that give of their time to bring you any and all info for this speculative investment .

5 Carry on with your life until SOMEDAY arrives .

6 Pray for others whose needs are more than yours .

IMO , of course …

Tidbits from TNT Members Sunday Afternoon

[TexasRoadDawg] ……………………… When you have big dreams, you’re going to have big challenges. If you were an average person you would have average problems. -Joel Osteen

[blessed1] Some of us handle storms better than others. Some of us are stronger than others.

 [luvwulfs] ArizonaHeat Good morning!! How are we looking today??

[ArizonaHeat] luvwulfs as far as ive been told, we are looking great. so much has happened in just the past two weeks, its amazing

Globug] I do not remember who posted it yesterday but someone has a financial advisor who told him not to go to work on Monday, that the button would be pushed at 2:33 PM. And on Open Mic there was a fella talking who said the Iraqi agreementthing George Bush negotiated and signed was a ten year plan and the ten years is up on Thursday so this makes sense to me!
….
Read More Link on Right

[okrocks]Globug:  its the 10 year anniversary for the devalue of the iqd on Thursday… so would be great if the revalue happened before then lol

[okrocks] I think people are confusing the training that is going on now with banks, the new laws give the banks the same op as the dealers have and will be trading them… its not like it was before… its not training for CE’ing us, that is old news imo

[Believer2] okrocks so the bank trading currencies will be a great new income stream for the banks then.

 [okrocks] Believer2 yes

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

[UKFan1972] The President just spoke on NBC

 [Dz1959] UKFan1972 what did he say?

 [dinarnotfar] UKFan1972 anything catch your ears???

 [okrocks] UKFan1972 was it live or a recording? do you know?

[ernesto] okrocks Obvioiusly it wasn’t anything earth shattering or we’d all know

**********

ginaMarie:From Stage2Omega:  For what is worth…..IF YOU ARE AN OLDER MEMBER YOU REMEMBER WE DID CONFERENCE CALLS & Q & A CALLS WITH OUR CONTACT AT WELLS FARGO ADVISORS, AND YOU KNOW WHO HE IS. HE JUST SENT ME A TEXT AND THE IQD IS SHOWING A DIFFERENT RATE ON HIS SCREENS AS OF RIGHT NOW.
Keep in mind they are saying IQD…….

[kwb] My personal intel guy spoke to me after Tony’s call. He blew my mind. With the intel he is getting he is going to tell the bank he wants $8 for his Dong.

[addnow] kwb wow is that because of the amount of dong he has or does he think that is the ceiling

 [kwb] He does have duffle bags full of dong so that may be his selling point

[lanalane] for what it’s worth…9-21, 10:03 AM I talked to my nephew at WF this am…he said they won’t be doing exchanges at the branches, but at unmarked locations, they are using security staff to direct people away who just show up and insist they get served, They have to send them home. He said the suits came back in this am and told them to let everyone go home at closing and wait for the call to return, He said the suits said get some rest because your gonna be real busy soon.

[trigger] A truly great day…. What makes the day great is not what it brings you. What makes the day great is what you choose to do with it. What makes the moment memorable is not the situation. What makes the moment memorable is the way you handle the situation. You can make any day a great day. And that most certainly includes this one. Think back to the truly great days you have experienced. You’ll see that those were the days when you were living most authentically, and giving the best of yourself to life. You can choose to do the same thing today and every day. There’s no need to wait for some special circumstance or condition. Life is yours, right here and now, and you can make it great. Be yourself, give of yourself, and make for yourself a truly great day. — Ralph Marston

[rocky751] We are all witnessing the birth pangs of a new global reserve currency and the “Rise of the Petro Yuan”.

[rocky751] Rise of the Petro Yuan! by Dan Collins China will soon occupy a new slot: That of the world’s largest oil importer. OPEC has confirmed on April 4th of this year that they expect China to surpass the United States as the world’s largest oil importer in 2014. This shift in global oil flows is being driven by the twin pillars of a booming Chinese economy and America’s newfound booming domestic oil and gas supply. This shift in the oil trade carries with it massive geopolitical implications that will reshape the world as we know it.“Rise of the Petro Yuan”   http://www.financialsense.com/contri…ise-petro-yuan

  

TNT Tidbits Sunday Evening

mort] something to share-went to church this morning and we had a missionary speaking from indonesia and after the service i talked with her and i said what is the currency in that country and she said the rupiah… and i said i think that currency is about to be revalued and she looked at me and said it just was-they are adjusting our income right now because of the revalue so we will see a difference in our income- pretty awesome for sure…i think this rv is done and we are just waiting for someone to drop the rates in permanently at the banks!!

[ArizonaHeat] All I ask is a chance to prove money can’t make me happy.

jjhall: U.S. Ship of State is Sinking, It’s a Derelict Vessel-Jim Willie8 September 2013 No Comment[goldenjackass] By Greg Hunter’s USAWatchdog.com   (Special Sunday Release)When it comes to U.S. economic or foreign policy, Dr. Jim Willie, Publisher of the Hat Trick Letter, says, “The U.S. Ship of State is sinking, and it is a derelict vessel.” 
….
Read More Link on Right

About President Obama, Dr. Willie contends, “He looks weak.  He looks backed into a corner.  He looks just like Fed Chief Bernanke who also has no exit strategy.  They are all tied together because a lot of the actions out there are directed against the dollar.”  Dr. Willie goes on to say, “The U.S. is in an indefensible position, both with war and monetary policy.” 

 All the QE, or money printing by the Fed, has the world on edge and outraged.  Dr. Willie explains, “This is abuse of credit card by the United States.  We run deficits and then say screw you all.  You can just buy Treasury bonds because you have to.” 

According to Dr. Willie, the rest of the world is tired of the money printing by the Fed and wants to use a new currency to escape the coming global inflation of a dollar that can quickly lose its buying power.  Dr. Willie says, “This is financial survival.  Nations need to depart from the dollar, and the first ones that do will be the survivors, and lost ones will enter the third world.” 

 As far as Syria, Dr. Willie says it’s not about chemical weapons, but about pipelines and our adversaries gaining economic advantage.  Dr. Willie claims, “The U.S. is obstructing capitalism and commerce.  That is the problem.”  Join Greg Hunter as he goes One-on-One with Jim Willie, Publisher of The Hat Trick Letter, which can be found on GoldenJackass.com.       http://usawatchdog.com/u-s-ship-of-state-is-sinking-its-a-derelict-vessel-jim-willie/

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

Moneyplus: I have never posted any info anywhere & I am not trying to post now, however if you think this will help the people- you call the shot- to publish or not.My feelings will not be hurt if you decide NO.Please use only if you think it will help. I DO NOT WANT ANY CREDIT!!

I probably got involved with the dinar like a lot of you. A lady I met in another business several years earlier called me in reference to another business opportunity .

In her parting remarks- she asked me if I owned dinar. My answer was- I don’t, I don’t know what they are. She told me a little & suggested that I could visit a currency dealer’s site for more info or to purchase.

My first purchase was about $100.00 & a few weeks later I purchased another $100.00. I found out that there was several conference calls available- that I began to listen to.

 My interest became tweaked & I started to research the product and anything regarding it.

 I am a career professional & I know that I & I along are responsible for my decisions.

 All of the information that I am going to mention is available to anyone that will do a little research on their own.

 Start off with the authors of the plan(The Marshall Plan) that was used to rebuild Europe after World War II- Dick Chaney, Pres. George Bush & Tony Blair PM of GB.

By the way, the plan was launched in 2003 & called the 10 year plan. From the math I remember from high school, if you take 2013 & subtract 2003, that equals 10.

Our blessed event won’t be one day late until Jan. 1, 2014.

However, I like everyone else want it to happen sooner.

  Next, check out Presidential Decree # 13303 By President Bush allowing US citizens to invest in Iraq.

 Then go to the UN, where Sec. Moon makes this comment: I look forward to the day that Iraq is released from chapter 7 & their currency rises back to at least what it

was pre war ($3.22) & that Iraq will not be totally released from chapter 7 until this happens.

Then proceed to the IMF, there are many articles stating the RV of Iraq’s Dinar.

There are several statements Made by Dr. Shabibi with the CBI that the dinar will revalue to at least the level that it was.

Another source: check out the Paris Accord or Agreement- which was masterfully put together by the USA, UK, FR, & the UN to forgive 80% of the debt owed to a lot of countries & they were given the same worthless money that you & I own, with the understanding that this worthless money would be increased to or above it’s original value in the future

 Let me add that before my involvement in the dinar, I knew very little about finance & absolutely nothing about world finance.

This has been a great educational journey.

Because of my research, I have never had a question as to the validity of my investment. The only questions have been & are: when & rate

 I hope this will help some people.

I believe we are here now!!  moneyplus

Iraqi Dinar Guru predictions/guesses and LOTS of BS!! 8-2-2013

Iraqi Dinar Guru predictions/guesses and LOTS of BS!! 8-2-2013

Iraqi Dinar Guru predictions... HELP!8-2-2013 Intel Guru TD My contact indicates we are still in countdown mode for the train to start from the station on August 8th or soon after… It will be a modest float as I learned and stated. Now for the newer developments: They are now in a hurry to set definite time frames to call in all the old notes which…is how they intend to manipulate the ROI, which like the float also means a modest return. So it seems you’ll only have a short ride on the train and will be asked to get off the first station. Of course as an investor you could redeem for the New Dinars and ride it out for a longer time.

8-2-2013 Intel Guru TD And one last juicy item my source revealed today: This should be a whack to all the Maliki haters, evidently Maliki was on the side of a huge markup on the Dinar, take credit for it & make himself a hero in the process. THIS ATTEMPT OF A HUGE VALUE CHANGE WAS DEEMED UNREALISTIC AND UNSUPPORTABLE, BY THE IMF, THE CBI & THE FINANCE COMMITTEE AND SO MALIKI WAS OVERULED IN FAVOR OF THE PLAN TO BE ROLLED OUT.

8-1-2013 Newshound/Intel Guru Eagle1 I have received countless emails, text messages and phone calls today regarding some story…about us only having 30 days in which to exchange our IQD. The quick answer to this rumor is, NO! Let me state this as emphatically as possible so that there is no misunderstanding. To place that kind of time limit on exchanging our IQD/IQN for USD, or any other currency, under normal circumstances would be a general violation of international banking rules and regulations.

8-1-2013 Newshound/Intel Guru Eagle1 I don’t remember the specific time frame when the old Saddam notes were pulled out of circulation (and it may have been something like 30 or 60 days, or even 90 days), but that currency was specifically sanctioned by the US, by the UN, and by the IMF and forbidden to be used in international trade. Once De La Rue had printed up the new currency we now have in circulation and George Bush signed executive order #13303 permitting us the freedom to purchase and hold that currency toward the day when it would be restored to normal status, the stigma of the Saddam era was removed.

8-1-2013 Newshound/Intel Guru Eagle1 …we have discussed, the introduction of the lower denominated notes as well as the coins. Those are not “NEW” currency in the legal sense of the word. They are additional denominations of the IQD — the same IQD that has been in circulation as the “NEW” currency for a decade. That’s different from having a truly new and different currency, and despite some of the poorly translated articles out of Iraq, the CBI is NOT introducing new currency. They are adding additional lower denominated notes to their already existing currency.

8-1-2013 Newshound/Intel Guru Eagle1 That said, we’ve all heard about the effort by the CBI to gather in the three-zero notes as much as possible and exchange them for lower denominated notes. Again, that’s totally different from requiring people to do their exchanges from the IQD to the USD (or whatever other currency) within some narrow time frame such as the 30-days proposed in the erroneous post that has been floating around today. There are no requirements pending that would demand that we do our exchanges within a 30-day, 60-day or 90-day period — or even a two-year period.

8-2-2013 Intel/Newshound Guru Poppy3 I AM…FEELING VERY GOOD ABOUT ALL THE NEWS. JUST ALLOWING TIME TO TELL THE FACTS OF OUR SITUATION. [What are your thoughts if we don't see this by the 15th?] …AT PRESENT THERE IS NO NEWS AT ALL THAT POINTS TO ANYTIME PAST THAT DATE. I EXPECT TO BE MANAGING THE MONEY BY THE 15TH. POPPY3

8-2-2013 Intel Guru TerryK WATCH A.M. FOR AN ANNOUNCEMENT…HIGH RATE. CONFIRMED THE 30 DAY DEAL BUT WE WILL GET A HIGHER RATE TO GET US ALL IN. THEY ARE GOING TO COME OUT WITH A NEW CURRENCY AFTER THE 30 DAY…OLD CURRENCY WILL BE WORTHLESS. YOU TURN IT IN WITHIN A GIVEN TIME FRAME. IF YOU HAVE AN APPOINTMENT THEY WILL EXCHANGE.
Guru Critic, I can’t put into words how full of crap and misinformed this nut job Terrence Keller is! I only post his crap so you can all witness with your own eyes how wrong he is and what a pumper he is! It makes all the other legitimate informers and Dinar speculators look terrible to everyone, don’t believe one word that comes out of this guys mouth! You should be ashamed of yourself Terry, shame on you.

8-2-2013 Intel Guru TerryK IF YOUR DON’T SEE IT TOMORROW [FRIDAY] YOU WILL SEE IT BY TUESDAY FOR SURE PERIOD. THE TEST LAST NIGHT PASSED. THE PINING TEST IN ALL NATIONS THAT’S ALL IT WAS. THEY ARE READY TO GO. THE WATER IS IN THE HOSE. THERE IS NOT STOPPING IT.
Guru Critic, here you go again with your bullcrap!! Shame on you Terry.

8-1-2013 Newshound/Intel Guru BGG “Where are we now?” This has got to be the question on a lot of people’s minds. Going back past the weekend before last (as early as Friday the 12th) there was an extraordinary amount of expectation in the Dinar community. While there may have been some basis in fact, it is my opinion the vastest majority of the “hysteria” last weekend was fueled by “circuitous rumors” – “camp fire stories” and unscrupulous…“pot-stirring”. Let’s look at some more of these rumors…

8-1-2013 Newshound/Intel Guru BGG Rumor: “Talabani will come back, sign-off on everything and RV will be announced over the weekend.” I’m not downing the timing of when this may or may not happen, but I can assure you – it is a virtual impossibility that Talabani is EVER a political force in Iraq again. He’s not as well as his party makes out. Spooky rumor…

8-1-2013 Newshound/Intel Guru BGG Rumor: “Dr. Mohammed Saleh said this won’t happen until 2014…(if then).” Firstly, he was never right when he was with the CBI. He always put out press reports that were almost always directly counter to what Dr Shabibi was saying. Secondly, he has no current standing – they JUST LET HIM OUT OF JAIL!! Then today he comes out with an article that nearly counters this statement from yesterday. He said the political unrest will basically act like CH 7 sanctions on Iraq. Essentially – a currency shift will quiet things down and move things along.

8-1-2013 Newshound/Intel Guru BGG Rumor: “WHY THE RATE SHOWED UP TEMPORARILY” It didn’t. Simple. Stick to the facts. There were no glitches, test rates, hitches, fuzzies or orbiting satellites falling – this will go when it goes. No questions asked. The “system” is in place and functions properly (the world currency trading depends on it) every day.

8-1-2013 Newshound Guru Kaperoni I always hoped that the economic push from the IMF, WB and others would force the issue despite Maliki. We shall see. IMO, just like when Shabibi was in charge of the CBI, the CBI cannot execute this event without the GOI support. Turki can cry all he wants, and threaten Maliki, it aint happening till Maliki says so. The reasons have been clearly stated that the CBI cannot do this on their own, it requires government assistance from planning, security, engineering, media etc. Without the green light from him, it stalls.

8-1-2013 Newshound Guru Enorrste Article: “Sales of dollar by the CBI decline on Tuesday auction.” …we should not expect to see an announcement until the process of removing the three zeros from the local economy is essentially complete. Then they will formalize the announcement and call in the remaining notes by demand (not incentive). After the notes are all in, then they will float the currency. They simply cannot RV the currency to $1 prior to removal of the large notes. The CBI doesn’t have $7 trillion to buy back the large notes.

8-1-2013 Newshound Guru Enorrste On the other hand, if they remove the large notes through auction at the current rate, then that problem disappears. They COULD then RV at $1, but they would have no incentive to do so. Instead, they’ve indicated, following direction from the IMF, incidentally, that freely floating their currency is the best way to change their exchange rate regime.
Guru Critic, I disagree, the more Dinar that is held by or retained by the CBI, the less that they have to “cover”. If the CBI retains 50% or more, it is a wash, for every Dinar that they have to cover, they have one that is worth the same, in essence they are raising the value of their Dinars too! If they get more then 50% of the dinars then they actually gain after “covering” what is left in circulation!
That is not to say that the Dinar will not float or that option is available.

8-1-2013 Newshound Guru Enorrste I do believe that it will rise quickly once allowed to float. It would not surprise me to see it at $1 by the beginning of 2014, but we have to see the start before we can speculate on a finish line. While we don’t know if Saleh is spouting future policy or just his own opinion, it seems to make sense to me to follow his lead: OLD dinars for dollars, then dollars for NEW dinars.

8-1-2013 Intel/Newshound Guru Poppy3 THE ONLY WAY HE [MALIKI] MAY POSSIBLY CONSIDER RESIGNING WOULD BE IF HE GOT COMPLETE IMMUNITY AND MY PERSONAL OPINION IS EVEN THEN HE WOULD NOT DO IT. HE THINKS HE IS UNTOUCHABLE AND HE HAS GOTTEN AWAY WITH MANIPULATING THE GOI AND PARLIAMENT LEADERS FOR SO LONG… I HOPE THEY CAN GET THE BACKING TO GET HIM OUT IN SOME WAY…AS LONG AS HE IS GONE… POPPY3

8-1-2013 Intel Guru TNT Tony Everyone was excited yesterday, depressed this a.m., & will be excited this afternoon. I have heard some depressing things and some up beat things about Iraq. It just came out from [Guru] Delta that Iraq has declared a state of emergency & that is correct. Don’t get depressed, it is part of the process to what you want to happen. There is something going on and they needed to do this to have everyone in place so that they can orderly do what we want them to do. I was just told it’s going to help get this done. More countries have gotten involved. I told you yesterday it was a political situation.
Guru Critic, the state of emergency was or security reasons, nothing else, it had nothing to do with monetary policy!!

8-1-2013 Intel Guru TNT Tony Something happened last night. They told the people in Iraq they would get an extra 300,000 dinar…in an article it said it would happen today on their cards. As of right now, the cards being loaded & activated. When they are done, we’re done. This is ready to go. The issue was and the agreement was that the people in Iraq would get it first. There are no technical issues, the system is connected, tried, tested & passed. As of today widows, orphans, retirees cards were activated at $3.44 and are still activating cards as we speak right now. We knew they were going in stages, that’s how they were loaded. Because they got the 300K, we got an increase in our rate so the rate a little higher than last week.
Guru Critic, I believe that the 300,000 dinar was issued for retirees, nothing more.

8-1-2013 Intel Guru TNT Tony If it doesn’t happen today, there will be a reset, so there will be a delay…days not weeks. Bankers today said they were expecting it last night at 3am & 5am. Two different banks said it went live at 5 am this morning. One bank said it was live for 10 minutes, the other said for 20 minutes, but then they shut it back down but the system does work. Why? Because they agreed to let their people go first. They are trying their best to get this completed today. The rate was $5.65 for the IQD when it was live & $0.97 for the Dong, but I’m not sure if that is the real rate. Here’s the good thing, anybody with contacts over there can check out, they are physically handing out LD’s today to speed this up. They are not waiting for folks to get it on their cards since their having problems with activating some cards.

8-1-2013 Intel Guru TNT Tony There is a newspaper article out which has been verified stating that they are giving them 10 days to do their exchange from the old currency to the new currency. They are going to now give us 30 days, 30 calender days. It was going to be a 2 year process – it’s now a 30 day process. Could it be extended? Yes, but as of this morning you have 30 days. There was an article that Turki put out from the CBI stating that they were ready, the system was ready and that the government not authorizing it and was asking the people to put pressure GOI to release it. We’re close to the tipping edge. It is powder keg about to explode. They are trying to do it today. Today is not over. There are things in motion and things are getting done today.<–WRONG!! Impossible!!

Guru Critic, If the Lower Denom’s are being passed out, then why is the media not covering it like they have on everything else? Where are the pics of the Lower Denom’s? If some of these Guru have “contacts”, “boots on the ground” as they claim to, can’t one of them get a few pictures of Iraqi’s that have received them or get some themselves and provide some proof? Just food for thought, I am told that it is another BS rumor.

dinarguru

30 days in which to exchange our IQD?

8-01-13 Eagle1:   I have received countless emails, text messages and phone calls today regarding some story making the rounds about us only having 30 days in which to exchange our IQD.

The quick answer to this rumor is, NO! Whoever is circulating this story has some bad information.

Let me state this as emphatically as possible so that there is no misunderstanding. To place that kind of time limit on exchanging our IQD/IQN for USD, or any other currency, under normal circumstances would be a general violation of international banking rules and regulations.

The exception to the rule comes when a specific currency is sanctioned, such as when the old Saddam notes were taken out of circulation. Mexico did something similar when they removed a dictator many years ago and took all of the notes out of circulation that bore his picture.

I don’t remember the specific time frame when the old Saddam notes were pulled out of circulation (and it may have been something like 30 or 60 days, or even 90 days), but that currency was specifically sanctioned by the US, by the UN, and by the IMF and forbidden to be used in international trade.

Once De La Rue had printed up the new currency we now have in circulation and George Bush signed executive order #13303 permitting us the freedom to purchase and hold that currency toward the day when it would be restored to normal status, the stigma of the Saddam era was removed.

Frank has frequently talked about, and we have discussed, the introduction of the lower denominated notes as well as the coins. Those are not “NEW” currency in the legal sense of the word. They are additional denominations of the IQD — the same IQD that has been in circulation as the “NEW” currency for a decade.

That’s different from having a truly new and different currency, and despite some of the poorly translated articles out of Iraq, the CBI is NOT introducing new currency.

They are adding additional lower denominated notes to their already existing currency.

That said, we’ve all heard about the effort by the CBI to gather in the three-zero notes as much as possible and exchange them for lower denominated notes.

Again, that’s totally different from requiring people to do their exchanges from the IQD to the USD (or whatever other currency) within some narrow time frame such as the 30-days proposed in the erroneous post that has been floating around today.

Let me give you another comparison. I have friends who still have thousand-dollar bills that they hang onto. The UST and the Fed stopped printing those a long time ago (to the best of my knowledge). Nevertheless, they are still good and people who take them to the bank today can still exchange them for other lower-denominated notes.

I’ve even got one friend who says (although I haven’t seen it) that he has a $10,000 note. It is still good even though those notes haven’t been in general circulation for many years.

You get the picture, I’m sure.

We hear that Kuwait is getting ready to introduce a totally new currency which includes similar security features to the IQD. As far as I know, though, it is still the same KWD that’s in circulation today with the same relative value.

For security reasons, I’m sure that Kuwait will want to draw in as much of the old currency as possible in as short a time as possible, but I’ve heard nothing that indicates that they will not honor the currency now in use, even if folks hang onto it for some prolonged length of time.

Again, to restate what I’ve already said, there is no new currency being issued by Iraq — just additional lower-denominated notes in the same currency.

Barring some enormous regime change that would bring a dictator like Saddam back into power in Iraq in such a way as to reimpose sanctions on the country, the IQD/IQN with which we are familiar will be Iraq’s currency for international trade for years to come.

There are no requirements pending that would demand that we do our exchanges within a 30-day, 60-day or 90-day period — or even a two-year period.

 

Thoughts from Eagle1 at KTFA Forum Thursday Evening

Eagle1 » August 1st, 2013, 10:02 pm  •  

Good Evening, Family!

I have received countless emails, text messages and phone calls today regarding some story making the rounds about us only having 30 days in which to exchange our IQD.

The quick answer to this rumor is, NO! Whoever is circulating this story has some bad information.

Let me state this as emphatically as possible so that there is no misunderstanding. To place that kind of time limit on exchanging our IQD/IQN for USD, or any other currency, under normal circumstances would be a general violation of international banking rules and regulations.
….
Read More Link on Right

The exception to the rule comes when a specific currency is sanctioned, such as when the old Saddam notes were taken out of circulation. Mexico did something similar when they removed a dictator many years ago and took all of the notes out of circulation that bore his picture.

I don’t remember the specific time frame when the old Saddam notes were pulled out of circulation (and it may have been something like 30 or 60 days, or even 90 days), but that currency was specifically sanctioned by the US, by the UN, and by the IMF and forbidden to be used in international trade.

Once De La Rue had printed up the new currency we now have in circulation and George Bush signed executive order #13303 permitting us the freedom to purchase and hold that currency toward the day when it would be restored to normal status, the stigma of the Saddam era was removed.

Frank has frequently talked about, and we have discussed, the introduction of the lower denominated notes as well as the coins. Those are not “NEW” currency in the legal sense of the word. They are additional denominations of the IQD — the same IQD that has been in circulation as the “NEW” currency for a decade.

That’s different from having a truly new and different currency, and despite some of the poorly translated articles out of Iraq, the CBI is NOT introducing new currency.

They are adding additional lower denominated notes to their already existing currency.

That said, we’ve all heard about the effort by the CBI to gather in the three-zero notes as much as possible and exchange them for lower denominated notes.

Again, that’s totally different from requiring people to do their exchanges from the IQD to the USD (or whatever other currency) within some narrow time frame such as the 30-days proposed in the erroneous post that has been floating around today.

Let me give you another comparison. I have friends who still have thousand-dollar bills that they hang onto. The UST and the Fed stopped printing those a long time ago (to the best of my knowledge). Nevertheless, they are still good and people who take them to the bank today can still exchange them for other lower-denominated notes.

I’ve even got one friend who says (although I haven’t seen it) that he has a $10,000 note. It is still good even though those notes haven’t been in general circulation for many years.

You get the picture, I’m sure.

We hear that Kuwait is getting ready to introduce a totally new currency which includes similar security features to the IQD. As far as I know, though, it is still the same KWD that’s in circulation today with the same relative value.

For security reasons, I’m sure that Kuwait will want to draw in as much of the old currency as possible in as short a time as possible, but I’ve heard nothing that indicates that they will not honor the currency now in use, even if folks hang onto it for some prolonged length of time.

Again, to restate what I’ve already said, there is no new currency being issued by Iraq — just additional lower-denominated notes in the same currency.

Barring some enormous regime change that would bring a dictator like Saddam back into power in Iraq in such a way as to reimpose sanctions on the country, the IQD/IQN with which we are familiar will be Iraq’s currency for international trade for years to come.

There are no requirements pending that would demand that we do our exchanges within a 30-day, 60-day or 90-day period — or even a two-year period.

On a different note, when the new USD is placed into circulation, the UST will want to gather in the old currency as quickly and as expeditiously as possible. The new currency will be asset-backed as opposed to our current Federal Reserve funny money.

Will the UST place a time limit on gathering in the old dollars? It’s not out of the realm of possibility, but I’d have to say that a 30-day period is unlikely. 90-days? Maybe. 180 days? Maybe. But I’m not going there unless and until I have some specific intel from the UST.

Hope that clears things up for everyone.

Blessings on you.

Eagle1

With Chapter 7 lifted, Iraq Regains Control of its Own Economy 

ERBIL, Kurdistan Region – The lifting of Chapter 7 sanctions last month can be considered one of Iraq’s biggest achievements since the ouster of Saddam Hussein a decade ago, allowing Baghdad to regain control over its own currency, oil and economy.

Chapter 7, imposed on Iraq by the UN Security Council after Saddam’s invasion of Kuwait in 1991, froze all Iraqi assets in international banks, ordering they be used to compensate victims of the aggression. Besides placing limits on use of its wealth, the sanctions also placed limits on the Iraqi military.

One of the biggest advantages of the lifting of the sanctions is the return of all frozen assets to the Iraqi government, estimated at $82 billion, according to Central Bank data.  Its return will not only revitalize the economy, it will strengthen the value of the Iraqi dinar and increase its purchasing power. A few hours after Chapter 7 was lifted, the value of Iraqi dinar increased against other currencies. The exchange rate of dinar is fixed against the dollar, but its value continues to rise. Saif Al-Halafi, an economic and banking expert, expects that the dinar will probably replace the dollar for investments, and that as demand for the dinar rises, so will its value.

With Chapter 7 lifted, Iraq also can independently handle its oil revenues without UN supervision.  “The lifting of Chapter 7 against Iraq will enable it to regain independence in its oil policy, and Iraq again can become an important regional and international energy player,” said economic expert, Dr. Rebwar Khinsi. Iraq plans to emerge as one of the world’s biggest oil exporters in 12 years. According to Iraq’s energy plan, oil exports are expected to reach six million barrels per day (bpd) by 2017, elevating the federal budget to $216 billion dollars. The plan aims for exports of nine million barrels bpd by 2020, raising the budget to $324 billion dollars. In 2025, the federal budget will reach 432 million dollars, if Iraq succeeds to export 12 million barrels of oil per day.

Under George Bush’s administration the US government agreed to keep $50 billion belonging to Iraq in America, and Barack Obama’s administration continues to do the same. An estimated $7.8 billion dollars are blocked in Jordan and Lebanon, and a huge amount of capital belonging to Iraqi Airways remains frozen in Kuwait and Jordan. The United Nations Security Council forced Iraq to compensate Kuwait for an estimated $52 billion. Following the first Gulf War, Iraq did not have an independent economic policy, with all of its income administered by Iraq’s development program and supervised by the UN. Five percent of Iraq’s annual oil revenue was allocated to compensating Kuwait. So far, Iraq has paid $41 billion dollars to Kuwait. According to Iraqi Foreign Minister Hoosyar Zebari, Baghdad is committed to paying the rest of the remaining $11 billion in compensation to Kuwait, and expects to pay off all of its debts by 2015.

Link