Papa Bear] Do NOT call the banks - some people are causing us a load of trouble by calling now.
[Angel] it is a WONDERFUL day for an RV !
[daniandquin] MY FRIENDS, WHEN THE RV GOES LIVE YOU WILL KNOW WITHIN MINUTES, IF NOT SECONDS. OUR WONDERFUL INTEL GATHERERS WILL KNOW AND WILL BE HERE TO TELL US SO FAST THERE WILL BE A SONIC BOOM BEHIND THEM!!!!
~PETERSMA] For those interested in The President's speech today while it will likely be broadcast very widely, here's a site that I know will be broadcasting it. http://www.barackobama.com/live It is scheduled for 1:45pm EST.
[dopeygrl] i have a quick question, been reading recaps and the question is about Oanda. Isn't forex always closed on sundays?
[paradisegirl] dopeygrl forex retail is closed until 5pm edt Sunday, but I think the institutional side is open 24/7
daniandquin] dopeygrl Oanda isn't forex- Oanda is a trading site, an d is ALWAYS open on the weekends for trade even when the forex is closed. but they are closing down this sunday....
[dopeygrl] OKMama but someone spoke to oanda and it said only sunday not from 6am today
[OKMama] dopeygrl Really? Hmm... I took that post to me 6am today THRU Sunday. I guess I was wrong. Bummer!
[dsatmhk7] dopeygrl OKMama - I read that it was Vic406 that called them
dopeygrl] OKMama here it is [vic406] daniandquin I have just spoke witha very polite rep from Oanda they will be closed 6am sunday till 3pm so members can reduce there risk positions
[vic406] dsatmhk7 yep lol
Read More Link on Right
[chillimac] i ask this question last nit to studley in q & a...never got an answer maybe you are someone else can answer ....Imagine
[.Imagine] chillimac what was your question?
[chillimac] if only codes are given at rv, how will we know what rate to negociate if we only get the rate when we go to wf
[OKMama] I'm still not sure about the whole "rate". How can we negoitate rates if we don't know what they will be beforehand. We do not have a WF here in Oklahoma so would have to travel to Texas. If we could cash out at BOA with a competitive rate that would be easier... Does this make sense?
[chillimac] .Imagine who will say base rate
[Angel] OKMama once you sign a disclosure, you will bargain
[.Imagine] chillimac will be public info at banks and currency exchange sites
[chillimac] they said only codes
[.Imagine] chillimac the codes apply to the group packages
[OKMama] chillimac That's EXACTLY my question!! I don't want to be traveling back and forth between states trying to get the best rate.. I mean a 50 cent difference is HUGE!!
[sunshine] chillimac i beileve few minutes after the rv...WE will know the rate from dealers and cbi...from there..we should get better rate with wf...IF not..then do cash in with dealers...voila` rv now come on down now
[elaine] sunshine .... The amount that they will be selling DINAR.... After the .... RV.... Will that be the same amount... That they will buy it back from us??
sunshine] elaine post rv...they will have the new rate...rv. rate...and also we can see it from CBI...and one more consideration...WF people..should offer more than thier competitors...in order to get us to cash in with them...
elaine] Angel ...... Praying u r RIGHT.... Regarding having time to bargain... With the BANK.... For a better RATE.... CLOCK... GOES..... TICK.... Tock
[sunshine] again..people..Please remember..WE DON't have to use the bank codes..if we are NOT happy with that offer...
[sunshine] we must try our best..to get the best rate from your banks...they need us and our money too...any way mutual co operation for the best of all
[Angel] Listen, when you walk into a bank with potentially millions of dollars, they are going to WANT it to stay in THEIR bank, BARGAIN with them!
OKMama] dsatmhk7 Yes, I guess I don't need to get caught up in schematics. Let's just R/V and then we can worry about the rest! :)
[Angel] if you have a rate in mind, then ask for other things, no fees, a toaster, lol...whatever!
[prissynell] strange someone said earlier let someone go in in front of you and you can find out the rate but they will be under a ND
[sunshine] yes..we all are desperate for cash in as soon as possible...WHY NOT just cash in a 25 k or 50K...to pay off emergencies..and wait for few more days...
[prissynell] most of all I would say get your private bankers cell phone number
[heartfelt] prissynell it was stated you cannot share the rate only the code.
[prissynell] I know
[dsatmhk7] OKMama - I look at it this way; NO ONE knows the rates until it happens. At that point, I'm sure that the bank will tell me IF they want my business. Why sweat it until then??
Angel] thats where the disclosure comes in, they want you to promise NOT to give the rates out i believe
[bcrt1] I would be more excited if other forex "platforms" were closing too - still a potential great sign - others may not have announced yet
[rajuncajun] They do not want the rates out over the forums and published.
[prissynell] strange I had a private banker tell me if they paid out different rates they could get closed up
daniandquin] prissynell not true. the bank can negotiate any rate they want with a client.....
[OKMama] rajuncajun I don't know if I could wait either. Yikes - I'm working on my patience as it is! lol
[sunshine] rajuncajun no problem...me too..if the rate is good for us...then cash in ALL...why wait for the risks..as we know..we are dealing with IRAQ !!!!
[vic406] bcrt1 remember that was not suppose to be public
[daniandquin] if the rate comes out at, say, $10 and the bank decides to pay you $20 for your currency...that's their choice!
[sunshine] daniandquin vic406 yes..this is a free market...we can deal and bargain to get the best of all...
[prissynell] probably why a ND cause the banks dont even want the rates out to the public
[highhopes] Maybe the non-disclosure is just stating that we agree not to post rate or details of the WF Exchange on any PUBLIC place??
daniandquin] highhopes exactly- and it's VERY serious!
[OKMama] somethings gotta give That's what hubby and I were talking about last night. I wonder how everyone will keep the rate to themselves... I'm certainly not going to post anywhere though!
[Angel] highhopes yes
[prissynell] daniandquin they can afford it since Treasury pays them back much more than that
[OKMama] We should at least know the base rate of the IQD and the VND though, right?
[sunshine] OKMama YES...we are going to know the base rate jsut few minutes after the RV
[daniandquin] OKMama NO! the bank group code and rate and package MUST NOT BE MADE PUBLIC AND CAN NOT BE POSTED ON ANY CHAT OR FORUM OR WEBSITE
[sunshine] OKMama by the way...as soon as the RV happens...you can even google it...like IQD new rate...you will see ...a bunch of those
sunshine] daniandquin she means the base rate...not the codes
[daniandquin] OKMama oh sorry darlin- I misinterpreted your questions
tigerbobby] The Non Disclousure is simply that you keep the rate and the details of the bank package confidential
joannc1] smoothmoves good morning! I was wondering if you have the link to OANDAs statement about being closed Sunday due to the Greek Elections. TY
[smoothmoves] Joannc1, Good Morning ! Just go to www.oanda.com
[joannc1] smoothmoves I did, and I couldnt find it anywhere. Where should I be looking? Thanks sweetie
joannc1] Well, I searched all over OANDAs site and cannot find anything that says Greek elections are the reason they're closed Sunday from 6am to 3pm..Vic406 posted at intel4u that he spoke with OANDA directly this morning and there was no mention of Greek elections...hmm
[smoothmoves] Try www.marketwatch.com
[joannc1] I can find nothing that says the OANDA closing is related to Greece elections. I would imagine that if that were true, they would have included that info in their original post, or at least somewhere on their site.
[CajunBelle] joannc1 - Where did the Greece rumor come from?
[joannc1] JstBringIt I have that!! Thank you. Sounds like RV to me. I was trying to confirm smoothmoves opinion that it's related to Greece elections. I didn't see anything that confirms that.
[joannc1] CajunBelle smoothmoves posted it...so I was trying to confirm it.
.ladybug65] .Imagine ~ Do you think people who aren't invested will understand about the realignment of currencies and that some people just got filthy rich??
[vic406] today is new Iraq holliday
[book2] Angel Could you please explain the implications of the various components of the HCL law on the revaluation?
[Pixie] wvic406 sorry what are they calling the holiday and what is the holiday about?
[vic406] Pixie dont know never got that
[daniandquin] vic406 hmmmm wonder what the holiday is for?
[vic406] Pixie i wonder if this was like when Shabs said the Rv day would be there national holliday?
[OKMama] vic406 I saw that too. Makes you wonder if this a CELEBRATION holiday...
[vic406] OKMama exactly hhmm
[Remi8] vic406 Sure raises a few questions!!!! :)
Mama] vic406 There is just too much good info out there for this thing to not be THIS CLOSE!
[vic406] OKMama agreed
[Pixie] vic406 well day is still early...
[Remi8] OKMama I agree too ---
[ZTenor] And I really don't feel that our rate will be tied to Iraq's rate IMO.....since our Gov't will be exchanging our Dinar for oil.....kinda leaves it open to a high rate...again IMO. No matter how high the rate will be the US Gov't will always make money on oil....so they can't lose