_[Birdie] Welcome back! Please give us an idea of the cash in process at the banks. Thanks.
[BWM] cash in's will vary slightly from bank to bank... depending on verification processes.... whether they have a de la rue or whether they will verify online...
[gardener] Will the dong be treated the same as the dinar at cashin.
[BWM] the dong has been traded.... the main issue is coming from a communist country may cause problems with individual banks...
[homeschoolmama] BWM.....did you leave us? So we have read that Iraq is now out of Chapter 7 and in order for that to happen there has to have been an RV. We have read $5.71 is the bank rate. Not bashing what has been said but just want to know your take on it all. R we there? Will we see it this week?
[BWM] homeschoolmama remember everything you read still may not be accurate... with that said, I'm pretty sure according to information received today that 7 is complete... I have heard a number of rates tossed around today... have also heard that some may be "test" rates so let's wait til the numbers change and we cash out...
[.tigger1] Can u give a summary of what you know or what you have confirmation on?
[BWM] .tigger1 there is only so much I can/will say... I have not been asked to "gag" anything but I'm also not one to put things out there without some confirmation that makes me believe in what I'm saying
Read More Link on Right
[Prospernow] Will we pay the UST 1% at the bank when we cash in?
[BWM] not that I know at this time... the 1 percent was supposed to be a transaction fee.. and last heard that had died
[mimi49] BWM: will try again, are you on same time line as many for tonight/tomorrow for RV to drop or have they already dropped?
[BWM] it's more of a show thing than dropped for me at this time...
[alohadinar] BWM Any thoughts to what some of the other chat boards are saying about it haveing happened and showing in banks?
[BWM] alohadinar I have info saying it is at some banks... still not confirmed "LIVE" rate at this time
[BeerNutz] BWM What time will we see the RV?
[BWM] BeerNutz what time will the wind start blowing tomorrow morning
[harleyrider] How confident are you of the reported Chapter VII release?
[BWM] according to my information I feel very good...
[Angel08] I have heard that the dinar banker processes payment thru a Polish bank will that delay payout?
[BWM] may cause issues with a "foreign" transfer vs. domestic... if they have a U.S. presence then that is not an issue... I have not seen if they do at this point
[whoopi] BWM Where did the dong get traded....and why might it be an issue. Thank you for everything!!!
[BWM] what I meant is that is was TRADED before...
[superstar] Does the RV has to happen before 7
[DP4win] how long before activation iyo??
[BWM] well if you've heard about this "banks not ready" business... BULL... banks are ticked and quite upset over the fact this has taken so long
[ekay] Is jonny still conferming information to pass on to us?
[BWM] on the phone with jonny at the moment... he may be on soon also
[BeerNutz] BWM So if the Chapt
er 7 is lifted then they had to RV?
[BWM] in order to be lifted... they must RV
[longawaited] I heard we will have to sign a letter to not buy any more dinar at the old rate, but would this include the open reserves still held if I cash One to two first, since it was initiated before that date?
[BWM] have not heard such a letter... and if the RV occurs there will be no "old rate"
Jaybo] BWM thanks for all you, Jonny, and all the mods do, have you had any confirmation one way or the other about a set amount of time to cash in?
[BWM] not expected a time limit at this time
[Metthodius] Just so we are all clear, if the Chapter 7 has been lifted, then the Dinar has been revalued at it new rate and is ready t be released for international trading?
[BWM] even though chap 7 may be done... it can not be released until they are publically announced released by the UN IMO
[fund] Please comment...[cashinqueen] agai: Anyone know about this: [10:42:33 PM] Randeee: [10:00 PM] Randeee: <<< WE ARE A GO -- JUST INFORMED RV RATE HAS BEEN POSTED --- $ 8.50! Banks worldwide - Just posted. Per my intel sources in Australia! YEEEEE HOWWWWWW [10:13 PM] John MacHaffie:
[BWM] personally I'm not buying it at this time...
[LINDI] BWM...Which comes first...Banks? CBI?
[BWM] could be exact moment... or either first
[sixwings] BWM Thank you for your time tonight. May I ask you what you are expecting to happen next tonight and.... How will we know when to move forward? I really do appreciate all that you are doing!!! You are a gift to each of us!
[BWM] I would expect the next things we look for is a change of currency values... altho it may happen simultaneously with other events
[.tigger1] What was the update that u and PIF had or was that just a joke?
[BWM] well PIF and I had an ongoing discussion all day... it was a way to get a classroom I guess.. lol
[soflgirl] From what you're hearing , will it be a managed rate?
[BWM] I believe so
[vivrelereve] PIF ty
[TheBeav] Is it necessary to assign our dinars to our LLC PRE RV or just as long as its done PRE cash-in. Is that document required to have a notary. Not sure if this is your area of expertise, just asking. Thanks.
[BWM] I just don't believe in sharing information as a non professional... please seek out a tax professional before doing your final cashin (large amounts for sure)
[ceo] are the rates you believe more then 4usd?
[BWM] I believe it will be
[LINDI] BWM...So Many Questions! Do you have an opinion of how O will sidestep the RV in his speech tomorrow other than just not mentioning it? What kind of explanation do you think he will put forth to explain the influx of "cash"?
[BWM] he'll do his usual.. blame the reps and then walk off without answering questions... after showing up 45 minutes late
[momoney] would it be wise for me to pull a all nighter waiting ??? will the main room be open later than 12am tonight my time?
[BWM] the plan is not to create any undue expectations... so unless something changes before 1am central I would expect we'd close and reopen if necessary
[eleanor] Sorry I just got back in here. If the rumors about rate and posting are false why did the PTB silence the intel providers?
[BWM] I think it was more of a courtesy thing... IMO
[TubandJo] BWM Do you have any thoughts about what Glenn Beck is talking about between today and this Thursday? Pam Me!!! Thank You!
[BWM] he is gathing information from what I have heard
[whoopi] BWM Do you know where the dong was traded? Thanks!
[BWM] it used to be traded worldwide... please understand that what I'm talking about is that the VND was ALREADY recognized at an international currency...
[Metthodius] So a public announcement of the Chapter 7 release must precede the release of the Dinar for international activation and trade. Would you expect this annoutnment by the UN tomorrow? And if so, would that mean no currency revaluation until post announcement?
[BWM] I think the RV could happen prior but the announcement cannot be made until the RV occurs
[tookie] Is it still a fact that countries will not be able to "cash-in" until six months after The RV?
[BWM] tookie where do you get this... no and where do you consider your "facts"
[justinTIME] BWM i need you to pm me back i have some info for you and mr jonny
[BWM] justinTIME sorry double clicked
[gardener] Have you heard a rate on the Dong?
[BWM] still looking at a nickel unless something changes....been quiet on the VND
[booyahoo] HI BWM, I appreciate you, thank you! Is there any validity to updates occurring on the 1st and 15th only, and do you see this dragging on till the 15th?
[BWM] no the UN operational rates UPDATE on those days... but that has nothing to do with ACTUAL rates that a country can charge...
[superstar] Dinar Banker still selling, can you explain pls
[BWM] have the rates changed? no so they HAVE to sell
[dinarlover1001] BWM any updates about how we will be taxed on this?
[BWM] nothing has changed at this point... still looking for the 15% and prepare for the worst
[cti4mrb] BWM ....Will the bank screens show the cbi,ust and of course the bank rates ... I will cash in 1 note and wait for bank packages to negociate the rest
[BWM] bank screen will show their buy/sell rates... CBI shows on CBI
[OhanaNena] Will you need receipts to cash in your dinar with the banks? Thank you
[BWM] no money is money
[Azchef] If this posts tonight, would we have a wait to go to bank?
[BWM] Azchef well til they open
[dmh] Have you seen this post what to you do you know about this [10:00 PM] Randeee: <<< WE ARE A GO -- JUST INFORMED RV RATE HAS BEEN POSTED --- $ 8.50! Banks worldwide - Just posted. Per my intel sources in Australia! YEEEEE HOWWWWWW [10:13 PM] John MacHaffie
[BWM] dmh been over that
[chillimac1] Are other countries rv'd yet the 133, are they waiting just like us
[BWM] everything hinges on the dinar
[beachdreaming] are we still expecting this to show up tonight?
[BWM] I'm still looking for it... but I have strange sleeping habits
[Biggyjc] will we see packages once bank confirmations occur?
[BWM] yes.. we will post them as we have them
[LINDI] BWM...So, what are you personally expecting (given your sources)?
[BWM] I'm expecting that my truck will run over most vehicles around here... and there
[kouty] is the UN meeting tomorrow? I may have heard wrong...
[Yousparkle] BWM -- do you believe the dealers won't be allowed to cash in for a few days to give banks head start?
[BWM] doubt it... but it was a thought process earlier... think now that it's all coming BUT we'll watch them all to see
[homeschoolmama] What are the 4 "Big" banks...hubby asked me and I drew a blank other than BofA and Chase
[BWM] boa, chase, Wells fargo, 5/3rd
[beachdreaming] will we be able to buy our awesome trucks this week with RV funds?
[BWM] and we still wait... cuz I can't afford the gas much less the tires
[californiaguy] I like Beck a lot. He's a national treasure in many respects. But I think given the timing of this RV event, that ANY high-profile commentary about the Dinar could be a disservice to us who've been here for the long haul. I hope "mums" the word from Mr Beck.
[BWM] there are things that could be detrimental to the national situation... hopefully that will resolve itself
[spazzer65] BWM do you think the gov will let beck inform the public before RV ?
[BWM] not sure he's quick enough
[money11] BWM, are the packages only for WF and Chase? Thanks for having strange sleeping habits and lots of long, hard hours.
[BWM] money11 Jonny has some for Canada and started Australia today I think... we'll keep you updated
[eleanor] do you know what time the un meeting is scheduled for? thank you
[BWM] eleanor no.. have not gotten that yet...
[QF1] **BWM, you might want to pass this along: I've been reviewing the documents for the United Nations for tomorrow's agenda published via the official: Journal of the United Nations, Programmed of Mtgs & Agenda ... Security Council, Item # 2, The situation concerning Iraq: First Report of the Secretary-General pursuant to Paragraph 6 of Resolution 2001 - s/2011/736 --- This meeting begins @ 0900ET
[BWM] and there you go...
[Dusty01] BWM , will there in fact be a 2 or 3 phase/tier cashin, if you know???
[ko15] CHANNEL 4 10:00 a.m..: Security Council Meeting: The situation concerning Iraq (English) First report of the Secretary-General pursuant to paragraph 6 of resolution 2001 (2011) (S/2011/736) http://www.unmultimedia. ··· dex.html
[BWM] Dusty01 when it shows... it's our turn
[abundantlife] Thank you so very much for looking into the Australian Bank packages for us. What a blessings.
[BWM] abundantlife glad to help
[booyahoo] Can you pls elaborate on what exactly a bank package is? thanks much
[BWM] booyahoo it will allow you to get the highest rate the bank can give, unlimited insurance and a couple of other perks to be announce post rv
[QF1] **BWM, one final item concerning the UN tomorrow - Iraq is now included as delegates in various sessions after the Security Council has concluded ***
[tookie] My facts come from last April, May when they were telling everyone that the countries could not cashin for 6 months after the RV to allow for the US to be able to collect as many of the large notes as possible and give the little guy time to do their business.
[BWM] tookie well guess what... those weren't facts... those were heresay... and things have changed for the global situation in the last 6 months
[Jodi] BWM Anything over 250,000. we will have to have a company such as Lloyds Of London insure...so, do we open several accounts in several banks and get Lloyds to insure all of them or just have one account in one bank? Thanks for your time!
[BWM] it's actually 250k PER signature on your account.. if you had say you, a spouse and 4 kids... that's 1.5 million
[BWM] altho some banks limit the max...
[bigsc] BWM Its almost 8 am in Iraq, have you heard from anyone in iraq since prayer was completed?
[BWM] no... don't think we are concerned they have a holiday tomorrow/today
[rterry228] BWM:Heard a lot of mods were asked to back off for 48 HRS (which is now over) Because after that, it would not matter! Any comment?
[BWM] rterry228 mods no... no one asked me... but then considering I don't like my stuff seen anyway
[cti4mrb] BWM... Citi Bank won't be considered a good place to go? (Not a big 4)
[sooner75] BWM we have heard there were a total of * banks that would initially cash it. What are the 4 besides the Big 4 that was just mentioned?
[BWM] heard the top 9 were a possibility first... but if the rates are showing then you can cash
[mjgroup] 4 "Big" Banks are boa, chase, wells fargo & citigroup
[BWM] mjgroup chase and citibank are part of same family.. hence 1 bank
[katydid] BWM are we expecting to see the rate during the nite? And would it be best to go out to the airport to cash just a bill or 2 in quick, to get fast cash to get my trusts set up and then try to find the best bank / rate or dealer to cash in? sorry if this has already been asked I just came here??
[BWM] katydid we are watching as usual...
[kouty] does the CBI holiday (again) have any bad bearing on the rate showing for us?
[homeschoolmama] BWM....just thought of 1 more question......hubby is unemployed so we have not been able to open an acct at any of the "big" 4 because all the money we have needs to be in our reg checking acct to pay bills....will that delay us being able to cash in since we will have to open our acct with RV funds.....or will they be so happy to have our money at their bank that it won't be a problem?
[BWM] no... I will be doing the same... we don't have big 4 banks within an hour and a half from me... so will do a note and then travel to set up other accounts
[Renegade] Wells Fargo has shared with me that they will provide 250K of insurance for every beneficary of our trust so that gets the coverage beyond the extended family, do you know if this is true of other banks?
[BWM] again... every bank will have their own protocol
[californiaguy] I thought that a non-interest bank acct. qualified forthe automatic no-limiton the principle insurance exception - mandated by the FDIC? Expires in 2012.
[BWM] limitations per branches...
[basictruth] BWM Will banks change their standard ways of doing business when this happens
[BWM] they are regulated to a point... but some minor things may change but they will prolly benefit you
[rterry228] BWM: Chase will insure almost any amount, as long as the account is non-interest bearing!
[BWM] ok.. so that's it for questions... Katt has posted the prior questions and answers