_11:00 PM [Studley] Hello everyone... I have been on phone all day again, I really don't have much except I do believe we are right on top of this, banks are waiting as patiently as you... I am trying to work on investment and banking opportunities daily for everyone, I will answer some questions right now, but please, I won't answer questions that ask rates and dates, and if we r in the week.... everything else is fine
11:01 PM [MrFinance] sTUDLEY you have been involved with the Kuwait RV previously. How did the feds handle the taxes on the profits of that transaction at that time if you wouldn't mind telling us?
11:02 PM [Studley] MrFinance... they were long term cap gains... but a lot of it depended on tax attorneys
11:04 PM [Studley] Stealthworks... I would rather have someone that has previous business experience... USA needs that more than anything... with the right policies, pro business, we can get out of this funk
11:05 PM [Studley] USD devaluation is speculative.... IF this rv comes soon, it will be a domino effect, boosting the USD through our holdings of IQD, and our close relations with Iraq
11:06 PM [TheBeav] Studley, footforward said the usd will be devalued 40% within 90 days and suggested we diversify into other currencies. Let's say this happens. How are we to decide which currenices are going to remain strong and not follow the usd path?
11:07 PM [Studley] TheBeav... lot of that info is pure speculation... don't forget guys, these people who provide info, while I respect them for sticking their necks out... they are not finance experts... that is why I believe all of you should do your homework and interview MANY finance professionals
Read More Link on Right
_11:07 PM [sailman9] Studley QUESTION:: as Canadians we are hampered by not having access to DB pr DT --- how do you rate HSBC as a good bank for cashing in????
11:09 PM [Studley] Sailman... there is a report on the top 25 banks in the world... I will bring that in here... but you can google that
11:08 PM [prosperity for all] Studley Question: POST RV, will you and / or Johnny be willing to make yourselves available for consulting, support, etc.?11:11 PM
[Studley] prosperity.... I will provide guidance post rv... but I need to sleep for about 2 weeks first
11:08 PM [speedracer] Studley do you know if the 155 countries RVing will also be switching to asset backed currencies at the same time?
11:12 PM [Studley] speedracer... can't happen like that, too daunting to happen at the same time, asset backed currencies will take years to implement
11:09 PM [electricman75] Studley won't this RV offset the devalue of the USD?
11:13 PM [Studley] electric... yes, there will be a bump effect for all countries that have large amounts of Dinars, and contracts with Iraq.... that is why I always say it is going to be a domino effect over time
fast or not fast to cash out based on what you're aware of right now? Thank you!!
11:09 PM [stealthworks] STUDLEY.... QUESTION.... After the RV and the dust settles, do you See the SWISS and Canadian money being stable or is it to early to know this??? (Canada has so many resources and stable society)
11:14 PM [Studley] Stealth... Canada and Swiss currencies are very strong plays before and after based on their strong fundamentals
11:10 PM [TheBeav] Studley, is the WEISS REPORT an accurate one? He has the top 4 on his naughty weak bank ratings list.
11:17 PM [Studley] TheBeav... I have respect for the Weiss report... but always remember these reports are out there to make a profit... one of the best ways to do that in this environment is to scare you into buying their products... be very careful of anyone coming at you with DIRE consequences, psychology is always one of their best tools
Sample questions to ask professionals LINK
11:12 PM [EagleResearcher] Studley QUESTION: Is it true that the USD is expected to devalue? If so, does that mean that the prices of consumer items will be higher?
11:20 PM [Studley] Eagle... some financial experts expect USD to devalue, some expect it to rise in value... I am here trying to help everyone learn how to think for themselves, you need to do your homework so you can have YOUR OWN OPINION, you can learn to be a great investor, it just takes practice, I and everyone else won't be here to feed u answers all the time, and if that is all you want I will almost guarantee you will get burned in financial markets...
11:22 PM [Studley] sln... absolutely, when the markets are NOT flowing, meaning in good financial times you should see precious metals decline in value and stocks and other similar instruments rise in value, and visa versa, that is a very tough thing to see sometimes... again just practice, it is not rocket science
11:14 PM [prosperity for all] Studley question: do you mind sharing what you advise in regards to how fast or not fast to cash out based on what you're aware of right now? Thank you!!
11:25 PM [Studley] prosperity... I would have several plans based on different values of the dinar, do NOT move too quickly, but don't waste time... I personally am all out if it shows up over 3, think about the return, there are too many problems with the Middle East to stay long term there, I've taken enough risk
1:27 PM [Studley] haleyrider... I advise everyone should get professional help... I am working on some of the larger institutions to start out... IMO I personally recommend mixing stocks, bonds, precious metals, and real estate because each one of these asset classes will perform differently in different markets
11:28 PM [starbuck1] Studley Can you tell us the best way to start investigating and learning about investing?? I would also like your opinion on my question... a lot of us want to know where to go.. no dis deadpool55
11:30 PM [Studley] starbuck... it really is just about being a sponge, read reports, and Morningstar has a great service to value stocks, and each investment house will have reports, and suggestions
1:25 PM [EagleResearcher] Studley I as because I want to know how swiftly to make some purchases post-RV
11:32 PM [Studley] Eagle... really depends on too many variables... I can write a book on what to look for... if we stick with Obamas policy of spend, spend, and spend some more, I see this rv as a band aid... if we get our house in order like Clinton did after Kuwaiti rv... look out, our economy will bounce
11:33 PM [Studley] asher... when rv happens... go to ALL banks and talk to them, ask lots of questions, and see who gives best deal... it will not be hard... also Johnny and I are working on special deals right now
11:32 PM [ booyahoohoho ? re Sovereign.Investor
11:35 PM [Studley] Boo... I am not familiar with that publication... there are thousands of people with reports... it can be very overwhelming
11:38 PM [Studley] DinarBuck... you need to take the mentality that you will be in control of your financial destiny... no one can tell you what to do with your money... work them over, negotiate... the banking world will be VERY different post rv, there will be many banks looking for your money, YOU ARE IN CONTROL OF YOUR FUTURE, MAKE IT COUNT
11:36 PM [foxylady56] Hiya Studley any opinion on offshore CD investing please?
11:39 PM [Studley] foxylady... I am not expert in offshore CD investing, you need to consult with a finance expert and he should give you a customized plan based on your unique situation
11:43 PM [Studley] booya... you should take whatever you get and talk to a professional, you really should have the goal of making your money work for you by not spending it, and grow it through investments, and yes, everyone needs to protect their money, people will try and remove it from you in ways you can't possibly imagine
11:46 PM [Studley] ttfiji... that is what the de la rue machines are for, don't forget this is just currency, it is money, they will make sure it is not counterfeit, and while they do, DO NOT LEAVE YOUR MONEY TO ANYONE, DON'T LET IT LEAVE YOUR EYESIGHT EVER
11:48 PM [shala5] Studley, If they don’t have DeLaRues, do we know how the bank verifies other than visually. I know we were trained to spot counterfeit USDs, but not sure if there is a back office bank process for validating foreign currency if they don’t have a DeLaRue...never dealt with that side of the bank.
11:50 PM [Studley] shala... some banks have currency books that show security features... but still don't let it out of your sight
11:50 PM [Daytona] Studley, would you feel comfortable keeping several million Dinar in a Dinar account with a bank/broker until you decide to convert to another currency???
1:52 PM [Studley] Daytona... if I kept dinar post rv, I would have it insured for future value
11:51 PM [sparker] Studley Sorry about this question but when do we LET the dinar out of our site? At what point?
11:53 PM [Studley] sparker... the minute you have written and visual proof of your funds in your specific accounts
11:56 PM [Studley] Thanks guys... like I said before... I came out of retirement so I could help.... it is a benefit to me to see you all become intelligent investors
11:58 PM [Studley] stealth... we have had conflicting reports for weeks now, they are trying to confuse everyone, and doing a great job, they will leave out certain key pieces of info on purpose so no one will know the exact date of this release