REPLAY 805-399-1500 409029#
BlogTalkRadio RECORDED LINK
Notes by FlPatriot59 at I4U:
TNT CALL STARTING NOW..... T = TONY | C = CALLER
ALL LINES ARE FULL OR FROZEN......
TONY - Good morning, TNT! Let's get started today, Sept. 27, 2013. I looked at the questions on TNT and there are like 90 of them. So instead I'm going to answer the emailed questions instead.
T - Let's first get explanations out of the way. Before I get into it, here's the info. For a long time we have been getting info ahead of most people. Sometimes days, weeks ahead. The other boards have ridiculed it, laughed at it, then a day or week later they catch up. So this won't be the first time. I'm saying this because of the threads about what others are saying about me - it doesn't bother me so don't let it bother you. In the end the truth will be known.
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T - None of them will be able to go back and take back what they said about us in 2014, 2015, etc. I am confident of our sources.
T - Everything is done and I did get confirmation from DC that this was signed off by the POTUS this week and it's good to go, make it happen. IMF, BIS, etc. has signed off on it. Right now, even yesterday in DC, there is no political hold-up. It's time to go. We still don't know the moment yet.
T - I mentioned on Wednesday about the banks catching people. Bankers were trying to do things for their family, friends, etc. and they got caught. A new security system was put in place Wed. PM and re-ran the system yesterday and the screens went blank and they brought them back up with the new security features a region at a time so it could be tested. Started in the SE, NE, west coast, then completed at 1AM in the morning yesterday.
T - the system was ready to go. The next part of the system, now that that's done and secure, is the 800#s. Those come from the UST, but they have to work with and in conjunction with others. That's where they ran into a problem. The procedures everyone was getting weren't lining up for everyone. Yesterday that was a problem and it was scheduled to go 3 times. We got within a couple hours, then 30 minutes, then it still didn't work and they were trying to get it done before the banks closed and it didn't make. Now they're trying to get it done after the banks close. We'll see if they made it today.
T - It's called "macros" to make things automatic so steps can't be skipped from one region to another. Then they have to make sure each region has it right again so it's all uniform. Some of you don't want to hear that, but it's a little more complicated. The good thing is that there is a time scheduled for today. The number are still the same: $25.87 / $2.67 / $1.08. The other countries showing rates are showing USD/IQD not IQD to their country's rates. That lets us know it's one more level completed.
T - We did hear that contractors, per people in DC who run the companies in Iraq, that their employees were exchanging for the $25.87. That started yesteday over there. I did hear that people of privilege were cashed out at a special bank at $25.87. So that's an actual rate that's been paid out the past 2 days. The bank people went in this morning and were told if it didn't happen by 9AM this morning on the east coast that they could go home and rest before coming back. That didn't happen. They were called in to stay and are fully-manned for today. They were told they'd be working all weekends. I also told you: all banks open or all banks closed. There's only a window of time when that happens.
T - the money's still there. The people are still there. It's ready to go.
Q&A STARTING NOW.....VIA EMAIL
Q - why should I get a CCC from the bank? A - if you're trying to transfer $ people question where the funds came from if it's bank to bank, bank to escrow company, etc. I'd get a min. 20 copies.
Q - If I get an NIB for the IQN how soon should I get a 2nd account to sweep all money? A - I'll do it that day. Never use the original account online or with a card.
Q - What about HR77 in Congress taking effect on 12/31/13? A - Doesn't really apply since your money will already be transferred by then. If you wait until Jan to exchange you'll get a MUCH lower rate.
[FLPatriot59] Q - if we haven't received 800#s can the POTUS take back the authorization? A - anything can happen. But it takes 3 signatures to push it forward and it will take 3 signatures to rescind it. I don't think this will be part of the debt ceiling debate, which is why they're pushing to get this done by Monday.
Q - if the rates are at the teller screens, why can't we go to the bank? A - there is a method to the madness and they need to know how many people are coming into the banks. They want it to be orderly. They've worked it out and there is a plan. It's not simple dealing with 4-5M people who want to go to the bank today. That's not going to happen. It's not just about you!
Q - I hear the release won't happen until the new $100 bill is out? A - why would we need to wait for the RV? The GCR has nothing to do with the new $100 bill coming out? The new bill still says Federal Reserve on it. The world isn't going to change on Oct. 8 when that new bill comes out. It's not like our IQD exchange will be issued in $100 bills.
Q - do we have to bring our receipts to the bank? A - it's a currency exchange and they don't care. However, if you exchange with a dealer you will need to show receipts for the paper trail. They need to report their paperwork.
Q - What about spreads at the bank? A - you can negotiate your spread fees. They shouldn't charge you to give them money so they can make money on it.
Q - Will we be able to walk into a bank and exchange a small IQN note? A - don't know what the procedures are. You can always exchange an VNN. I'll let you know when I find out.
Q - Will there be a different tax based on the IQN rate? A - I don't know what the point is. I heard it coming out of DC that there may be a different tax bracket based on the exchange rate. But I don't have a full explanation for it. I did hear it and that those who got greedy would pay more taxes than those who took the basic rate. The rate is $25.87 - that's the base rate and you will be able to go to any bank and get that rate. Anything above that is taxed differently. I don't think they've actually finalized what that will be
Q - Will only the big 4 banks be the only ones exchanging? What about the little mom & pop banks? A - They're still in the game. The 800# will help refer you to the bank in your region based on your zip code and other factors. Remember they just added M&P's a little over a month ago. So they had to re-write software, etc.
LIVE CALL-IN Q&A STARTING NOW........ C = CALLER | T = TONY
C - If all banks need to be open, I'm on the east coast then with Hawaii there's only a 2-hour window? T - Yes, to activate it that's true but all banks will be open until 11PM. So our next window is after 3PM EDT.
C - so our window here on the east coast is 3-6PM EDT? T - If it doesn't go between 3 & 5 PM EST then the next window is after 11PM eastern. All they have to do is activate it when all are either closed or open. Then it will run 24 hours a day. So no RV between 5PM and 11PM EST.
C - what are they saying in the mosques today in Iraq? T - I don't know. Waiting to see what they're saying on TV. On Wednesday they were talking about it but not today. I feel very confident in that info about the contractors cashing out at $25.87.
CALLER IS ASKING TONY ABOUT HIS CHOICE IN CIGARS.
C - can I fly to Iraq and contact a contractor over there and get a high rate? T - no, you can't take IQN into Iraq. But even if you did you can't get it out of Iraq.
C - the 10-Year Anniversary was on 9/26. Did the 30-day countdown start yesterday? T - no, the countdown will not start until we (everyone) start going to the banks. They let others CE because they were certain we would CE yesterday because it was scheduled for it to happen.
C - is the IMF push at 3.44 still in play by Saturday? T - I heard they have until Monday, 9/30. But they want the higher rate, too. It's been signed off which is what they needed to see. The banking system is now protected and it's down to procedures.
C - You mentioned 3 people required, is the 3rd person LeGarde? T - no, it's 3 people in the US Govt
C - Do you recommend that we take an attorney with us to make sure the doc is correct? T - at $25.87 I can exchange my money - I don't need help with this basic rate. Anything above that, I absolutely would, especially if I have to sign something. If you're going to sign NDAs, then yes.
C - Could this happen on a Saturday if it doesn't happen today? T - I think it could happen on a Saturday or a Sunday. We're just waiting for the numbers. Everything else is done.
C - do you know about a 3rd rate - base, ceiling, 3rd rate? T - I'm sure there are rates in between you can negotiate. C - I'm talking about a rate above the $25.87? T - Yes, there is a ceiling above that rate. Some of the people I talk to would get mad if I told you the rate above the ceiling. On Wed. I got from DC "don't do that rate" because it could almost triple your taxes. That rate was reserved for special people and circumstances. They highly recommended not to take that rate. There are consequences with everything. I heard they wanted to do 1-2% by the end of the year, then I heard they put in a bill to do 9.38% but that has not passed yet. I'm hearing the top rate would trigger 40% or more.
T - I know a little about taxes and I know a lot about not paying taxes. LOL. I heard about an international attorney who wanted to sue the US Gov't to not pay taxes. He can sue all he wants but you'll be the one going to jail. So be smart! They've hired 50K new folks at the IRS, so be smart.
C - I was told all the UST people were sent home. They told them it would only happen on Tues/Wed/Thurs. T - Many people felt that was the plan. But the reality is that right now they don't care about all of that. When this is able to go they want to push it thru.
T - there's a lot of chatter on the boards about banks calling in their people and that it doesn't make sense. They've been doing this for over a year at the direction of the UST. It's part of the process for various reasons to catch people. There are designated cash-in locations, people are there. People are at the call centers. They are there and they are tired and frustrated just like us, even though they are getting paid overtime.
T - Most of the stuff you've been told was way behind. We've been doing this for 2 years and they always catch up sooner or later with what we're being told and what we're saying.
C - so the banks have to be all open or all closed? T - Correct. But we don't know if that includes Hawaii. But the next window is after 3PM EST today.
T - if you haven't noticed lately, mods getting frustrated. small # of mods and 18K of you. A lot of people are getting permanently banned. It's not that you can't have your opinion but you don't have to be confrontational. It makes no sense to me for people coming here from other sites who don't want to hear what we have to say but now come here to hear what I'm saying. They get the updated info and then come here and complain when they only signed up here two days ago. Either you want to see and discuss, or waste your and everyone else' time. We appreciate the mods.
C - this should all be done by the 1st? T - yes, this should all be done prior to the 1st, hopefully today if not tomorrow. There is a big push for today.
C - I'm in Canada and I called the Michigan numbers for banks and they didn't know what I was talking about (Chase, WF, BoA). Do I just wait for the 800#? T - You have to wait for the 800# and give them a zip code in Michigan. Your biggest problem is how to get across the border with the revalued currency. I would visit our International Forum and ask those questions.
T - Just got word from contractors that payments to contractors have been put on hold until our release.
C - Is the Indonesian Rupiah changing names to IDN? T - yes.
C - Did you say not to move our money for 6 months? T - No, I didn't say that. When you go in alone and make your deposit, it's your money and you can spend it right away. But if you're in a group there may be some restrictions that would require you to leave it for a period of time.
C - So you'll let us know about whether or not to negotiate rates that may put us in a dangerous tax situation? T - They're just saying that different tax rates may apply if you go so far over the $25. I don't know where that stops. But at the max rate you'll be bumped into a higher tax rate.
C - Regarding the dealers, is it okay to wire from them or pick it up? T - I'm sure it's okay. If you're going to the bank or to the dealer, why go thru all that negotiations if the rates are the same. I'd go online and create a sell order and have the funds wired to your account. Or once your money get there go into the bank and move (remember there may be a 30-day restriction on moving over $500K). You don't have to get everything done on the first day.
C - When the 800#'s come out can you go to a cashout center not near your home? T - They will ask you the info and zip code of the area where you want to go.
C - I'm new to this investment (my dinar is under my mattress) and want to know if you have 1,000 dinar and the rate comes in at $25 will that mean I made $25,000? T - yes. And how does it feel to be sleeping on thousands of $ each night?
C - Do you recommend trust accounts? T - Yes, trust accounts and foundations are the way I will go. Remember that Bil Gates had $120B when the IRS came after him. Now he only has $60B. The rest was put into the Bill & Melinda Gates Foundation. The gov't can't touch that. If you can set it up ahead of time, that's better but everything doesn't have to be done the first day. You'll have days and weeks to move your $ over to your trust accounts and foundations. I'd recommend you put your property, cars, etc. in separate trusts (segregation of assets). That way if someone comes after you they can't take everything you have.
TONY & PAM DISCUSSING CHAT ROOM HOUSEKEEPING.......
C - I'm relatively new and have been researching, reading thru Dinar Recaps archives, reading the guru's postings. Some of the postings from 2011 are verbatim to what's happening now (except the rates have changed). Why is this time in 2013 any different than what was said in 2011? T - why did you get into this? Somebody had to convince you. What was the deciding factor for you? C - it was a profit-creating venture and I got in for the same reason as you. I looked at people I respect and have a good track record at investing, knowing it could be a profit or loss. The cost-risk analysis didn't take a brain surgeon. A lot of the posts in 2011 are exactly what we're seeing now (not so much in 2012). What's different?
T - What I don't know is that Dinar Recaps has been following me all this time (3 years' worth). But that's okay. I would have researched this before getting involved. What makes it different? We have a lot more knowledge than we did. Our level of intelligence has grown since then. As we discover those things our puzzle becomes more complete. There have always been pieces of the puzzle but now it's becoming more complete. Our info is clearer. We know laws have been passed because we know people who were in the room when it happened. We know the banking system has been overhauled. We know how many black SUVs were in the airport; we know how many palates and how much was on each palate. We know about the lower denoms because I've seen the invoice. There is a lot of things that have grown over a period of years to put us in the position we are in now.
C -What about silver? T - Rayren has been trading silver for 20 years and he can tell he you he's made a whole lot of money. But I'm putting my money in money - I don't do long-term. The bigger dollars are in short-term.
C - Please explain double-dipping. T - Here's the problem: I could tell you steps 1-10 and if you miss one of the steps in between you can lose everything you have. Don't do it if you don't know how. I have a large threshold for pain so if I lose it I know how to get it back.
C - I put my dinar on layway for 45 days and they give you 7 days to put the 5% down. If it RV's by my birthday Oct 1., say it goes before the 7 days and I got some money that I cashed in from IQN and went and put it to pay my 5% on my layaway, is that double dipping? T - if you haven't made the 5% down payment before it RVs you'll lose that layawy. Even if you put in an order today and the date stamped is paid today, they will keep it going. Best way to do it if your layaway runs out today and it Rv's today and you haven't put the money in to pay it off or roll over, what you need to do is put in a sale order.
C - Is the state where you pay the taxes predicated on the address on your driver's license or where you cash out? T - It's based on where your legal residence is located, not where you cash out.
C - How close will Sterling get to that $25.87 rate? T - that is the base rate at every bank, so it has to be the UST rate, especially if that's the rate being paid yesterday in Iraq. The only difference between Sterling and the bank is their ability to negotiate. At that rate I don't even think you'll want to negotiate.
C - Does that include the VND as well? T - yes. the base rate will come out the same. Make your appointment and have your strategy in place.
C - I got an email about a seminar for religious or Christian people saying you don't have to pay taxes on foreign currency exchanges. That is ridiculous and you will go to jail! And people jumping from site to site have great potential to become pillars of salt for looking back.
C - Is there a limit to the amount of a cashier's check? T - Not that I know about. If you get a cashier's check what are you going to do with it? You're going to a bank! You going to carry around a cashier's check?
C - I bought all my currency from a trade and it was sent with a Certificate of Authenticity. I shouldn't have any problems at the bank, right? T - Anyone can print out a certificate so that doesn't make it genuine. If your currency is not real with a certicate, it won't be real without one. If it's not real the FBI will get involved.
ne. If it's not real the FBI will get involved.
TONY - okay, it's been 2 hours. Hopefully we'll do a call this evening. It will not be before 3PM. We'll see what happens. They're in place and ready to go. They're telling their people it's done. There are no political hold-ups. At any moment, any day we should have a superfantastic day or weekend. That's what they're pushing to happen. Don't listen to anyone telling you November, next year, 2 years from now. I have it from the highest levels and 3-letter agencies they are trying to get it done right now. We can't get any closer to it actually happpening than where we are right now. Have a great day!
END OF CALL.