[DRAKEFORTRUTH] its seems that poeple do not understand that we do not want the to R V, unless you want a lower rate
[olesailor] DRAKEFORTRUTH I do not understand what you are saying. Are you saying that if it rv's now it will be a low rate? On what basis?
[DRAKEFORTRUTH] If it R V's then everybody will get the lower public rate
[DRAKEFORTRUTH] Our group has organized a cash exchange with a 3rd party for a higher rate then the public rate
[cowtown333] DRAKEFORTRUTH the key word is rv ... i don't care bring it
[whitelions] DRAKEFORTRUTH again lower that what 11 cents on the dollor
[olesailor] Drakefortruth which group?
[MeaganandJoe2010] DRAKEFORTRUTH I want a CE when do you think it will happen?
[DRAKEFORTRUTH] If it R V's everybody get the public rate and our groups lose out on the cash exchange
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[ZTenor] DRAKEFORTRUTH How do you come to that conclusion???
[olesailor] Drakefortruth which group?
[DRAKEFORTRUTH] olesailor - the groups that have come togetherer that I believe most of you are a part of
[geterdone] DRAKEFORTRUTH this is really very confusing...........I thought we wanted the RV to happen.........now you are saying that you do not...
[whitelions] DRAKEFORTRUTH how would you feel if that really didn't happen and your group got the same rate as everybody else since nobody knows what that rate will be
[DRAKEFORTRUTH] whitelinons - I believe the public rate would do me just fine, but our group rate is much better:
[cowtown333] DRAKEFORTRUTH no offense but i think everyone here would jump at the rv (yes even at .86) if it would just rv
[JLARSEN] DRAKEFORTRUTH so..... what is your conclusion as far as traders such as DB?
[geterdone] DRAKEFORTRUTH isn't it true that we need the RV for anyone to exchange their dinar?
[DRAKEFORTRUTH] geterdone - no
[whitelions] DRAKEFORTRUTH do you have it in writeing ?
[ZTenor] DRAKEFORTRUTH You're not making sense buddy....if it RI's or RV's there will still be a cbi rate and a public rate.....and if we are part of a group we will get closer to the cbi rate.....or actually the rate set by our USt
[jyburt] whitelions i would hope we all get the same rate all of us
[geterdone] DRAKEFORTRUTH would you please explain why you say this?
[DRAKEFORTRUTH] jlarsen - as our leaders have explained , there is a 3rd party that is wanting our groups dinar for their country, WF is brokering the cash exchange, because of the oil credits that go with it they are offering good rates, which are above whatever rate in r v's at,
[geterdone] DRAKEFORTRUTH It has to RV in order for anyone to exchange at any rate.
[DRAKEFORTRUTH] geterdone - how did you buy your dinar, you bought it from a 3rd party
[olesailor] whitelions me too I think he is saying if it rv's all the group rates go to public rates
[DRAKEFORTRUTH] olesailor - yes that is correct,
[pianogirl] olesailor I agree.
[ZTenor] JLARSEN I think what he is saying is that the 3rd party who is supposedly buying our dinar from the UST will exchange with us thru the groups before it actually rv s ......how that will happen is anyones guess
[pianogirl] JMHO It is a possibility that the group will get the "email/letter of instructions" before it RVs since the "code" will get us the higher rate. After the group does the CE, then the rate goes live for everyone else.
[JLARSEN] It sounds like a matter of semantics..... what term you decide to use.... the process will be the process.
[ZTenor] JLARSEN I know.....it probably is just semantics.....but it does make some sense....Tony was talking about tiers...maybe this is a tier that cashes in before the public.... just thinkin
[ZTenor] That is why we have been encouraged to be a part of a group so that we can be in a tier position....different from the public
[DRAKEFORTRUTH] ztenor - yes that is correct,
[DRAKEFORTRUTH] db will be exchanging with the public rate
[pianogirl] ZTenor I agree about DB. they can't exchange w/o rate going live at CBI
[ZTenor] JLARSEN yes....but if you are in a different tier group that is offered a higher rate....the public rate will not be a part of it
[DRAKEFORTRUTH] everybody has asked a 1000 times will the codes work with other banks , and the answer is no to the question that is asked. The exchange is with WF with the 3rd party, thats why it is not good for all banks
[DRAKEFORTRUTH] All of the info has been out there, but the leaders cannot say some of it or they indirectly try and tell you-trying not to get in trouble
[pianogirl] JLARSEN IMHO--the bank rate will end up being CBI rate minus any fees, etc. however, that will not affect the groups with the "code"
[ZTenor] JLARSEN I understand what you are saying.....but being a part of a tier Group will give us (the group) a higher exchange rate than the bankers can offer the public...
[DRAKEFORTRUTH] Oil credit for countries using dinar to buy oil with Iraq is what we have been told $32, oil is what 95 a a barrel now, thats a 50 plus saving per barrel where countries like CHINA will pay a premium for the dinar and still save monies for oil for their countries.thats why they want to buy it from us
[ZTenor] JLARSEN I talked to Generals64 about that and he said he would be buying out his reserve after the initial exchange and then taking the physical dinar from the reserve back to the bank to exchange with our code....yea.....means we have to hustle our buns to exchange then go get our reserves and go back to the bank
[fiddlehead39] Drakefortruth drakefortruth is a Currency Exchange taxable???
[DRAKEFORTRUTH] readynow -Based on what happen in Kuwait, it was not, but that is what goverment is trying to resolve
[DRAKEFORTRUTH] if you reed IRC code 922 it states any currency exchange over 600 its a taxable income
[DRAKEFORTRUTH] but the IRS has not ruled on what they are going to do yet
[DRAKEFORTRUTH] think about it everybody we have a election coming, congressman own dinar, if they are cashing in at the tier 1 goverment rates, they have to show their taxes when going up for election, the public will find out about differant rates being paid out and they are trying to stop it from being taxed
DRAKEFORTRUTH] oracle - when they cash in
[DRAKEFORTRUTH] AS your leaders have said, their is SO much involved with this that has to be hashed out that it takes time
[avroarrow25] DRAKEFORTRUTH - i agree. so correct me if my thinking is wrong. US gov members from both parties will have dinar (just a few cause its a scam-lol) so how does a sept release make any difference. both parties will have thier "funding" or am i wrong
DRAKEFORTRUTH] oracle - the goverment contractors and whales and whoever is in the circle that most of us are not in will be cashing in at a higher rate, whether that has started nobody knows
[DRAKEFORTRUTH] - this is not my opinion - this is what our group leaders have told us