_PTR ROUND TABLE QUESTIONS WITH TONY -
1-15-12 - 8pm
TONY. STATES - If you do not know anything about GOV procedure you do now know… and all you saw previously was info about needing HC - the 3 ministers and GOI stuff and you do not see anything about that anymore. –
TONY. STATES - we are still on track we are still in a good place – we will KNOW Tuesday – FOREX and Banks has info- the BIS – World Bank and IMF has the documents they need and they have crossed the t’s and ‘I’s and it’s a timing thing and it is our time-
TONY. STATES - listen, if RV does not happen on Tuesday morning for some reason, maybe we can explain the timing issue better but I feel that it is Tuesday but If not, now we can probably release some of this timing info then
TONY. STATES – most are saying the wait is over and time is now on the boards out there – most of that info is true but only disparity of what the number is but no one will know till it comes out-
TONY. STATES - we are getting numbers on other side of the ocean and does not make since unless its to the GBP and I have been told that that is absolutely it… it IS quiet and no articles coming out, no one complaining that its stopped –
TONY. STATES - all saying done done done here and each agency is saying it’s done and has been removed from those agencies and this should be a great Cap, things could happen any moment – I DO NOT SEE it for tonight or tomorrow but Tuesday –
Read More Link on Right
TONY. STATES - If it did come out tonight or tomorrow, if you see Dinar Banker change their rate, you will be able to go in there and lock in your rate. If they don't have to wait til Tues, you don't either.
Question – tax rate – insight?
TONY. states its not going to matter when you bought it – only when you cash this in – but I still hear they are trying to go for the 15% flat rate –we will give you what we hear from the UST & IRS after we cash in..
TONY. STATES - The rate is definitely not $.10 it is definitely over $3.00
TONY. STATES – working with guys on packages to the banks – at least 3 banks to work with – If we get the packages at night and we get a heads up I will try to go through them before you go to the bank- if it happens at 9am I will be at the bank like you are and when we get back about what they are – but the packages will be on the sight as fast as they can be..
TONY. STATES I probably should not say this but the FOREX already has the info but no permission to release this –Banks has theirs –
TONY. STATES - when it is to be released it will be during Midday in Iraq which is our early AM - and if not in the our AM then again 3-5 PM our time – could happen anytime but I have been told to look for it at those time frames.
TONY. STATES – MY OPINION STRICTLY – the 24 hour cashin - I personally think its BS as it does not make sense to do it and bring it at a high rate and think all can cash out at that rate so why even bring out a high rate…
TONY. STATES – I do feel it will be a short window before change … Has to be out there for a little while for all the countries to get their market value or close to it…If its a really high range, think it will be a short window… more than 24 hours to cash out…
TONY. STATES - When the dollar drops, its not about the actual bill going down, about their value, and everything else going up. Think we still have a ways to go, and actually just like what happened in Europe and them being downgraded again, was supposed to be alleviated back in Oct or Nov. The longer we go the more this will happen. That's why this has to happen now before this won't even save us. Do expect a dip over spring/summer, and then coming back up in the fall and a strong winter…Our money will always be worth something.
TONY. STATES - 2 schools of thought. If you just take your money and keep it, you are not losing money, but its just buying less. If you choose to invest in a more stable currency, then you get to do 2 things. When USD drops, you get to exchange it for more dollars to hold onto for when value comes up. Can't wait til USD comes back up. Or, the other thing is, what Dan eluded to, if you're looking for long term, put it in real estate and know value will increase. Not going to worry about USD going up or down, just going to make more dollars. As long as my money is working, I can absorb the ups and downs.
TONY. STATES – DONG = bottom number is $.05 and that’s the bottom more than what most thought it would be – if it comes out higher than that you will be surprised – I hear it may but lets go with that figure.
TONY. STATES – there is nothing going on in Iraq that is going to effect this RV and every agency is DONE and there is only one place that needs to say go Tuesday morning and it is done….
TONY. STATES – he depending on the number he will see everything or part and buy even more and depending and buy even more and take money he makes and do the twitter IPO and Facebook IPO and let me know of the IPO that that banks participate in and they do 100’s a year and most are guaranteed a year to make money – FUEL company investing and I look for energy companies to invest in…
T/Our govt is looking for energy companies to give grants to, for our future. If you can be part of those, that's money for generations to come. There's a platform out of Europe that is doing 30% a month, but this is the top of the top. 10M buy in. Not telling you guys to do this. Have to be invited to do this. This is what the Rothschild’s & certain people are doing.
TONY. STATES - Could be a 24 hour window, but don't believe it. Hope it happens in enough time that all can have the bank pkg b4 they go down there. Won't release pkgs til RV. Have to get uploaded on site.
TONY STATEs that he feels the Bank Rate vs CBI rate = there will not be any more than $1 difference….
QUESTION TO TONY – what rate are you hearing we are hearing over $12?
TONY STATES - there are some banks stating they are hearing that rate and a $7+ rate out there being bantered around and all to the GBP or hearing just plain $7+ something = only if the $4 rate we are hearing is to the GBP
TONY. STATES - I am hard to believe we are hearing $12 out the gate may come out low then go up to that rate – I know someone with a 100 million dinar and they got a call from their banker and said they are about to be a billionaire – he feels this is true or why did they banker call and say that…
Best time of day to hit the bank for highest rates – time of day for highest value –
TONY STATES –FOREX has highest rates first AM and right before 11am as rates go down during lunch, right after lunch they go high again & end of trade time they go down -ALL in east coast time…
TONY STATES - I would get hard currency in every situation that I could. Wouldn't buy gold, silver, or anything else and have them say we have it on account for you. I want to see it