[Jester] ok here is what i think i know... been saying not to cash out ahead of time to avoid having a problem with the group rate...
[free4flight] Jester sounds like good advice to me
[Jester] people asked at the time how could they track this... the answer was by ssn...
[Jester] this looks like the way they could have you tracked... with this form... i also looked here real quick... http://www.fincen.gov/forms/bsa_forms/
[Jester] so... here is another thing... it was just passed April 1st that the forms have to be input and submitted electronically.. interesting timing on that...
[annieoakey] Jester hi everyone. I have a question and you may have already answered it but I couldn't find a answer. If I cash out quickly when it happens and hold some back say for 2 months to see if it gets higher, when I cash it out will it be at the original rate I cashed out at or the rate of the day.
[Jester] annieoakey that is what we were just discussing... does not look like it by what i see now...
Read More Link on Right
[Jester] annieoakey okay that did not answer your question.. my bad... mis read it... i am thinking now you might very well be tied to the original rate...
[Jester] doesn't make sense but that is what it looks like...
[Jester] here is what i have also done while we were talking... i'd like for you guys to consider that my preliminary answer... i will check it out more thoroughly and i have also forwarded the info to Redwolf to check out... just had him on the phone too and he is thinking we are right... but he is going to bring in some lawyer help and get back with me....
[Jester] how's that?
[Jester] this does tie into what we have thought all along about this subject.. i am glad to have it figured out how they were planning on doing it if this is correct...
[keiji] Jester do you agree with Soonerfan last night on his timing of this event..IYO
[Jester] soonerfan is the man!
[randaree] Jester it just sounds too much like currency manipulation and couldn't work that way. If it were so that would affect all currency exchanges. But hey if so it would be nice like in the case of the amount dropping over time.
[Jester] randaree don't know... just telling i have heard... which it not cash out anything prior to your appointment or you may be disappointed when you get there... you are always free to do as you wish...
[berberboy] Jester when you apply for credit, your spouse's ssn it attached to yours when they check your credit rating, wouldn’t that be a easy way to find out if you try to beat the system and try and cash out a couple of note by themselves ?
[Jester] berberboy i do not think i am qualified to answer any beat the system type questions... but that makes perfect sense to me...
[TexasMom] Jester We've waited this long, what's a few more days for appointment! All this time, and then risk making the higher yield??
[Jester] TexasMom i agree 100%
[tradewind] Jester do you think that the currency brokers will file one if you pay off your reserve and walk out with dinars
[Jester] tradewind i do not know... it is certainly possible... which ties into the other thing that i heard was that if you can get your reserves paid off somehow you should do that... if not... forget about them...
[owl] I CANNOT IMAGINE that the 'actual difference' between bank/dealers/ixCE/and multiplexCE would be much more that "cents". Cents x a million is a lot of money, but banks are in it to take it not give it! jmHo
[Papa Bear] owl HOW u play this is very important
[sailman] Jester come to canada to exchange your currency i guess -- no fincent104 here
[Jester] sailman can't get an account there...
[WCW] this is my thinking take 1 or 2 dinar to your bank that deals with currency and use it to get a loan for 60 days for the amount u need I’m sure they will hold the bills for u till u get ur reserves out
[gdsgrl21] Jester Papa Bear Arent the banks aware the many have reserves? Perhaps there's already some kind of provision in place to help get reserves paid off...? Would make fiscal sense for everyone involved
[bamatom] Jester You mentioned "if you can not get your reserves out prior to CE to forget about them as in "lose them " please explain
[Jester] bamatom if you cannot pay for your reserves when you go to the appointment then you cannot take them right? what if there is something in the NDA limiting you from doing anything else... not saying there is just saying what if?
[chillimac] Jester why couldn’t one of your family that’s not involved in the exchange take 1 bill and exchange for you , then you could get your reserves out and go with the group thingy
[bamatom] Jester OK just think the bank would want all our dinar and would work with us to get reserves paid and transferred to them
[Papa Bear] owl No one will Know until C/E but Im puzzled if folks dont realize where and why best rates will lie
[Jester] Papa Bear i am puzzled on that one to my friend.. everyone should know the answer to that by now...
[Jester] chillimac i am not going to give advice on that type of question... i just dont know the answer... i will not be responsible for misleading anyone on any kind of work around the system...
[chillimac] Jester understand hun
[gdsgrl21] Papa Bear Jester I believe the reason for so many questions is that things change so much in Dinarland that we need to cover all our bases and get the latest scoop
[owl] Jester Jester the only question ever gets answered is the "Where to CE" question. If one has any other questions there apparently are no other info??
[Jester] gdsgrl21 we been saying and discussing the same thing for at least a month...
[Papa Bear] Folks the very fact that this is a fluid changing situation is WHY u dont have all answers u want yet
[Jester] let's assume for a minute that there is a deal for the group rate with another investor (not necessarily the us/govt) that is willing to pay a higher than street rate to get your dinar... and that the deal is made with WF... no other bank can touch that because the do not have the backing... that is how you get a higher rate at one place versus another...
[Diogenes] Jester Thanks. Can't get much clearer. :)
[schipperke] Jester GOOD EXPLANATION!!!
[Catbite] Jester if I'm reading you correctly, someone has gotten UST approval to buy the dinar from Wells Fargo instead of it (dinar) going back through UST to be held as either currency assets to support the US basel III compliance or as some suggest to be used to purchase oil from Iraq.
[Mitzi] Jester ty, making sense now finally
[spiritfilled] Jester nice save!!!...2 points!!!!
Jester] Catbite you are reading me correctly...
[Catbite] Jester so, for someone like me, not that bright in international banking and UST laws - if this is the agreement, the UST had to agree to it? Maybe this is how we pay back China for all the support we know about and some that we do not?
[Jester] Catbite a star!
[KajunRedBull] Catbite now Your rocking!
[moonchild] Jester what I find incomprehensible is why those who we believe will be willing to pay more than street rate for our dinars post RV are not buying up the dinars from the dealers for next to nothing right now?
[Jester] moonchild well let me take a stab at that too...
[Jester] lets assume that the investor is so big that there is a deal that has them capped like everyone else in the world to keep one country from buying another... so they figure out a way to get more in a private deal that will be good for eveyone involved including the usa and us...
Papa Bear] Catbite wf acting as 3rd party in group case
[Catbite] Papa Bear I think I understand now. Thank you all so much.
[Fiddlehead39] Papa Bear Papa Bear Hi If I have layaways and I do not use WF for exchange IYO will my layaways still be active or are they going away???
[rotormech35] I am on my phone... what did okie say plz
[Robertprofessor] rotormech35 Should have happened yesterday and something about ... I'll misquote, but big people being taken care of, we're next and soon.
[berberboy] Jester i'm i reading to much into okies post or is the fact he has confirmed payouts huge for us?
[ready4riches] i just talked with a friend who is not invested, why i don't know, but said he heard from an x cia person friend of his that this was supposed to have happened last monday. so maybe all the hold ups have been truly dealt with and we will see this happen real soon.