_Wangdang Call – Feb. 18
Listen to the replay at 530-881-1399 - Pin: 911968#
[Disclaimer: This transcript is without error or omissions.]
Wangdang opened with a prayer and Rivergirl read an article: Recent discovery in Baghdad with the largest gold resources.
Wangdang...When they spoke directly from their mouths that "it will be soon".
The RV is heading down a court that can't be changed. Maliki's trying to change trying to switch the Arab Conference but the heads of governments aren't going to come.
This article....has been going on for 6-7 months but they've been keeping it quiet....they have one of the largest boulions with drills and parts of gold. That's another stream of revenue that others can't compete with.
Read More Link On Right
_So, I want to get all those people who've been scaring people in the dinar community with 26 cents or that this may never RV...that's garbage. The whole world is going to know they're going to be the richest.
My brother and son have toilets in gold...not gold plated...so these people's wealth is beyond what we can imagine and maybe 10-15 years ago, we'll know what they were really worth. And that's why I was glad when I a saw this article a few days ago...yes, this is going to happen and it's another spoke in the wheel.
The next article (and others will be posted on Skype)....When you hear the article and read it again, it's going to re-inforce everything we've talked about recently only dealing with the IQD with the USD with powerful indications.
We have to understand that when they tell us that the RV should happen soon...this is not from a reporter, it's from a government agency saying that. That's where the rubber hits the road. When they tell you, "Yes, it's getting ready to RV...and soon!"
Article: Decline in the IQD raises concerns.....
WD: I’m so very happy – that article, when I read it, I had to read it and re-read it. We talk about the control after the last calls that the CBI was implementing to be sure of the IQD vs. USD. The CBI just put this letter out to assure us, but some are complaining about it.
There’s a powerful letter on Currency Newshound that talks about dropping the 000’s and Parliament approved it. Maliki cannot do it…but as soon as they do the IMF is going to slap him….it behooves Maliki to give us the government…8-9 months ago he wanted Shabibi to RV the currency and he said no….I don’t work for you so go about your business.
Now Parliament reversed the process and Maliki’s not brave enough to put the lower denom’s on the street that will give us 86 cents and we know that.
This letter is even more powerful…okay, we’ve proven that our controls work and that people who want to buy can buy it with cashier’s checks…a lot don’t have their real names on their accounts.
About 3 years ago when Scooter was giving us so much brain food, 4-6 pages long, this is the trial and error part where they’re proving to the IMF and World Bank to trigger off the RV…electronically they can handle the influx of new currency and …..out of the country.
They’re saying, Watch me, watch me…see how I’m putting it back in place…doing that to stoop the money laundering.
Here’s the part that won’t make Shabibi to sleep at night…he can’t allow anyone to hold his currency.
This week they said the IQD wasn’t in high in circulation inside the country…it cannot be higher than the US dollar so they’re going to warn him like Vietnam…we were getting ready to RV at 5 cents a year ago, and the IMF stepped in and shut them down the next day because they had warned Vietnam and they didn’t do it.
The only way they can get out of this is to RV…but Maliki is a bonehead who hasn’t given us the 3 ministers so Shabibi’s hands are tied now – he can’t get us out of a bind with an RV, because they would not allow Maliki to become a dictator and that’s what he’s pushing for.
The wheels are ready and this bonehead is holding it up because he doesn’t have the government formed.
The Kurds are our friends! Relatively short order, we’ll see them do things to show us how we’ll RV and do it soon. They said they’re ready to beat you on the side of your head with the Constitution….
Talabani said we’re going to form a majority government with the constitution….he said the way he’s going to do it is in a conference meeting, and once formed, it’s done and they’re going to turn their currency on.
The banking letter we just discussed says all those things…they have to find a way out without making Maliki a dictator…and the Kurds are our friend and Central bank are ready to cut loose those 000’s….either one brings the 86 cents…through the Grace of God, I’ve been accurate and I know I’m accurate.
Another thing with the letter…it guarantees this bank is in full control of their currency and that makes the IMF and World bank jump up and down…so when this mechanism is ready, they’re not going to have anyone disapprove…
so when we see letters pile up like this, we have to have the background that we have control and that this distribution ….and show that they’re coming to the end…and do the RV.
With that, we’re just waiting…We’re ready to get our blessing but we’re getting ready for a wealth of information with Talabani’s address and what’s occurring in the meeting and the initiative that will cut him down and form the government.
Maliki is trying to retaliate saying he’s going to go against the Kurds – violently, but the Kurds aren’t worried about that.
This tells us everything we’ve been waiting on….Yes, this is why I ask people to collect these articles, read them and connect the players…they speak with the same tone. Like the article with the gold…the RV will happen soon….powerful people cannot speak without being given permission.
So when they said the troops were leaving, the president gave permission to do that. Now you have government officials doing that and they’re prepared to do this…we just don’t know when they’re going to do this.
I want everybody to STOP listening to this hocus pocus…I’ve always been direct with those I’m involved with…and now we have the 3rd thing…the Central bank who has Parliament’s permission to delete the 000’s.
The counterfeiting and black market is finished….Maliki just hasn’t done it yet….We have the Parlilament articles and a formally completed government, and the dinar comes to .86-1.13 – No one in my years have ever discussed 10-26 cents…that’s hogwash.
So, it’s time to be patient and wait. Right now I wish I had a million bucks, but I don’t have it already…but happy of what’s coming. He’s promised us he’s going to give it to us.
Q: If it comes out to $1 it will be a sought after currency, not to replace the USD. The reserve will hold it because they know that the value will increase so the money isn’t coming out of Iraq…they’re not paying for the big portion we have here…any comment?
How long do the Kurds stay patient…why wouldn’t Maliki keep his stance because it’s working and by doing things on his schedule instead of others’ schedule?
A: $1 is a personal opinion…The US Treasury doesn’t have to turn over any foreign currency. When Iraq gives the IMF the exchange rate, our government has to be prepared and it could go up to $4.12 - $4.20 – it could be the US or Iraq pay it.
That’s what they’re going to have to come to grips with, but you’re right. Most of us don’t care as long as we have the revenues to take care of our family, I don’t care. That’s good stuff….
Q: Is it possible for Iraq to RV prior to visiting the Kuwaitis… after Maliki’s visit to Kuwait in March?
A: Yes, it’s just a fulfillment asked of him to do…this is just a symbolic issue. Last year he refused to go and cancelled it…this year he’s pushed it. He could RV and never gone to see the Kuwaiti’s.
Q: How long would it be to a 1:1 or .86 cents.?
A: About an hour…they’re not going to tolerate it. Did you hear about the gold…a boatload has been on the raft for months…they’re filthy rich….a 1:1 will slap everyone in the US and the IMF will not tolerate it.
They’ll start fighting and that’s why the IMF set the criteria for the RV because Kuwait petitioned that the IQD was ready to RV currency and sink the labor market…or hurt the regional economy…the IMF stepped in and made a deal with Iraq.
Help me…all this stuff people saying about 25 cents…just laugh at it. It’s not true…Iraq will not come out less and they’re not going to reinige wihat’s on paper with the IMF.
Q: Hot topic re: Article 8…has Iraq transitioned and is there a time limit?
A; Art. 8 is going to roll in post-RV and I don’t know the time limit.
Q: Do you think the inflation rate is 10% ?
A: Absolutely and Shabibi is shaking in his boots…it’s probably more. We have some resemblance of having control on their economy and the real numbers aren’t showing, but if they remove the USD from their economy and show the inflation rate, dang!
Overnight Shabibi would do this thing because they couldn’t survive. The black market will make it collapse also. If I could tell some things that have happened…but I can’t…these people are so done with this process and they want it done…there’s a lot of propaganda that they think is new news and it’s so bogus…but it satisfies their mind.
Watch how quickly we get answers after this conference…M. keeps postponing. Remember when this process happened about 6 weeks ago…nothing heard about a preparatory meeting, but M came up with this idea with #2 in charge, it was his idea…and then they come out with this bogus preparatory committee…that’s his game.
I’ve been telling people this for over a year and I haven’t been wrong yet. Then he brings false charges against people and he’s done this over and over and he doesn’t have to change his MO …the Kurds are our friends and Talabani is waiting to get in those meetings and M. knows it.
Q: I’ve read that this RV is tied to the world global settlements…and papers are there for Obama to sign…and that he wouldn’t sign off on the global settlement.
A: The two are not tied together. Iraq is a sovereign country and they can’t tell anyone what to do with their money. Global settlements are much larger than me and I don’t know the in’s and out’s of it…you have to be a professional economist.
Obama is going to protect our interest…I don’t pay attention. Normally, asking US portion to be overbearing…so much….Greece and Ireland didn’t take care of their affairs and I don’t know why he didn’t sign them, but everything is not tied to the dinar.
Q: Lower denom’s on the streets?
A: No, not confirmed, and if so, when they do, you’ll see the RV…M has the option to activate it and implement it but he’s not going to do it…the UN is going to try to get their hands on their money if they don’t have a government…his plan is to have the UN on his side but if they give them one penny, they’re going to shut that country down.
Q: The 50 dinar note…
A: 50 K going to become worth $43 USD. The currency could be printed but it doesn’t mean the government sanctions those bills…that’s the process they’ve already done, but M. did not release.
Q: If IMF has to come in with sanctions like they did Vietnam, which shut them down for a long time, what would it do to our timeline with re: to the RV.
A: In Vietnam, they didn’t want to talk to them for one year. If M. puts his country in this situation, it’ll be another year, but that’s not going to happen because you have a majority government and the currency is under the constitution which gave them the right to do it. M. is not a dummy and he’ll put the ministers in place because he wants bragging rights.
I’m willing that if the Kurds have to bust their chops, and get the .86 cents…fine.
Q: Inflation in the beginning is a wonderful thing when it’s really small because there’s plenty of money going around and they’re happy. The gov’t. leaders are convinced they’re geniuses….But the only thing that will do it now is the RV. It’s about purchasing power, supply and demand.
A: We all know we need our inflation with a bunch of goods and you’re at 100%, your money isn’t still worth what it should be, but if you have 1-2% and raise your price, the money moves more quickly and has more value…but the inflationary is trouble – danger.
Q: I’m confused if it’ll be delayed longer?
A: I think we’re going to see a typical situation with M. and like all hell’s breaking lose and nothing will be resolved….until the very end and throws up his hands and says, okay.
He drags people to their wits end and right before it collapses, he gives in. In Aug., Sept, Oct. 09, I thought this country was going to implode…I said those idiots….my kids and brother still over there and it’s still happening.
Right near the end, he said, okay, here’s my governor. You had us all ready to get our dinar from the backyard and put them in the burner. He didn’t give us the whole government, just the governor.
So, that’s his MO…we’re not going to see anything different….but do we get the full RV-RI or does he force the Kurds to give us the 86 cents. I don’t think the 000’s are going to implement the program because the IMF is waiting for more than that.
Q: Do you think it will take long?
A: Yes, it’s not going to take long…that phone will be ringing…
Q: So, there’s no managed float for 90 days at a time @ 2% --
A: No, the 86 cents is not an RI or RV …l.not the same process. The IMF drives their rate up – they’re not going to sit there, they need to announce their government and then RV their currency. I think we’ll see the Kurds force it open, I’ve said that before…and within 4 days after that, you’re going to see the RV.
Q: Will it be managed after that?
A: Yes, forever..ours is managed every day, every few minutes it changes value. Don’t let people tell you it’s going to be a managed float…it’s going to be international and will go up and down.
Q: If it floats, what will be the determining factor to sell, re: rate?
A: That’s an individual preference…some may see 2.60 to come out…some may see 1.91 and they’re gone. Some say I’ll turn in some and wait 3 years….an internationally traded currency isn’t going anywhere…
it’s like the USD unless Iraq says something weird and decide to destroy all the 25K notes, but they won’t do because it’s an actual currency…nothing will stop it from moving ever and you can have any denomination just like you’d do with a deutchmark,.etc.
They’ll try to get the currency, and the rich give it to their kids and grandkids…did you hear the article Rivergirl read (about the gold)?
I would like to have this over and sit down with the people in the community, have a beer, and see how much we learned and see how many people will get involved with another currency. The money that can be made is going to be boat loads of it.
Q: I think there’s going to be more currencies and we’re far ahead of the pack. First we need this.
A: Yes we do.
Q: I’m confused – earlier you said it would come in at 86 cents and go up, then you said, I’ll take it at 86 cents.
A: It’s a personal preference…the lady asked at what point would it be good to exchange the currency…for me, 86 cents…I may turn in a few bills and wait 3 years. It was hypothetical.
Q: It seems like the closer we get the more garbage and that the 25,000 will be worth 25.
A: Ask someone to give me all your hundred dollar bills and see how many will give them to you.
Q: Is there at some point that they don’t have to RV?
A: If you want your population to live in abject proverty, poor electricity….etc…you can live like that and be dirt poor because no one’s giving you money and your currency is worth 1170 and you can stay that way as long as you want.
A Muslim man is not going to tolerate that…those people don’t operate like that. That’s some of that hocus pocus…be careful of that.
I guarantee you if Navarhi said no RV…I want you to watch all the sanctions slapped on them by the IMF…that means they’re going to be on global watch ? – we’re not going to let them starve…the UN will put so many sanctions on them…
Man, I couldn’t imagine them going through that. You have to tell those people, yeah, that’s a possibility, but the political leaders will commit suicide for doing that.
I went to the RV park….every once in a while I go there and talk to them about it…they don’t know I don’t have the money…but I have all the confidence of the RV happening.
Q: I keep wondering how do the currency traders have so many dinars for sale? I was on a call and one of the owners said he was talking to a trader who put in an order for 1 billion dinars and these currencies never run out….why is this so much you can buy when the banks stopped selling it?
A: This is going to scare the crap out of people….it’s to scare the biggee’s of people. A lot of people think they have a lot of dinar and they don’t…we see that the in-country dinar is all but dried up.
Think about 2009 and 2010….talk about 2 bank robberies. One in state run bank in Baghdad for 6 million…the second was a merchant bank. Both went down within 2-3 days of each other…but now in 2010, there were 3 bank robberies…
if you’re not buying your dinars from a reputable source and you turn those into the bank..if those dinar show up stolen out of those banks, because when that money is on the pallet, the serial numbers are on there…they check them and put them into circulation.
In Tinbucktoo, you’ve been got….the $1100 you spent to buy your dinars were flushed down the toilet. Then, some boys in black suits and ties come asking you some questions.
There’s a lot that aren’t reputable and that’s why I said it’s going to scare people…but if you buy dinar, make sure you buy it from a reputable source.
A lot of that currency coming out of that currency may not be good currency and it could be counterfeit.
Iran tried to do something and the US ….?
Some countries could get into piracy…but if the money’s not reputable, you’ll find out when they put it in the machine. Go to the bank or like Dinar Trade or Dinar Banker showing that they’ve been questioned (audited) by the US Treasury.
Q: Do you know why the banks will now be opened on President’s Day?
A: I don’t know…it could be for a number of reasons…last year, there was rumor it would be open. I don’t know but I can’t tie it to our business…I don’t have a clue about that one.
Q: Comments: Articles are getting better and better and I’d like to encourage people…I thought we had a lot of smoke and mirrors before, but it’s getting worse.
But the proof is in the articles and stay grounded. Did you read the article about the 200 dinar fine equivalent to 17 cents?
A: No, I did not.
Q: Some believe that it’ll RV before the Arab Summit…and an online group said there’s no proof or article about that.
A: Yes, I believe it will also because their Arab neighbors aren’t coming to their house if they’re broke, smile, and put on a good face if they’re broke. That’s a huge shame issue with them not having control of their currency and a government not formed.
Q: Now this group is turning the tide to need proof – what can you say about being grounded.
A: About black marketing and inflation that the Central bank has talked about. If you had no concern to RV, you wouldn’t be concerned with the community, inflation, and raising their currency. I can come up with more…different things make you think, but I just prove by having proof.
Iraqi has about 32 million people, and they had a letter that came out Thursday and 11 million live in poverty.
That’s a high number of people in poverty – when you have one of the richest countries in resources in the world, that’s crazy when you think about that.
They mentioned another country with a high poverty level but their money is still stable…but it is quite a contrast when you put Iraq against another country because it’s so different
We know a lot of progress is going on…power plants, roads, buildings, flat screen TV’s on the streets…cell phones, etc. the contractors who are doing these jobs, we know they’re being paid…don’t know if it’s in USD or IQD…but doesn’t Iraq know the value’s coming up soon? Or are they being paid in USD?
A: Oil contracts?
Q: All kinds of contracts…
A: Let’s say you have a contract for 50 million dollars…Iraq pays you in the equivalent to the USD…first they’ll do the exchange rate and pay you the equivalent in dinar….but they didn’t pay you that – it’s a private rate and it’s been like that.
When Exxon walked out on those people in 09, they hadn’t RV’d that private rate they were paying in comparison to the USD….so if you can’t pay me, we’re leaving.
The smart companies are holding on to those dinars because they’re going to make a few bucks when it RV’s…not a whole lot because it doesn’t leave them enough room to do that.
Q: I heard that the Arab Summit may be changed.
A: No, that’s Maliki and #2 doing that…nothing changed.
Q: We know there’s a lot of smoke out there….do you think they’re doing that because there’s insider trading?
A: No, I don’t think so. Let’s say the speculator handling the currency….and Shabibi isn’t a fool …so if those cats with those licenses are holding the dinar and come out with this currency, the feds will be all over them.
It’s okay for us, but not licensed people with a currency? The IMF and Fed’s will bury these people.
Q: Just like Obama mentioned it in his speech to the Congress re: insider trading…making laws against it. Is there a way to have an in-country RV?
A: No, it can’t happen because they’re getting ready to be an internationally trade currency with the WTO organizations….it would be suicide and the IMF wouldn’t forgive them.
Q: So, the meetings are still on?
A: No, Talabani will give us the roadmap of what’s going to happen tomorrow…and then roll into the end of the month and one of the things will be an RV or RI, Erbil and HCL because Talabani is tough.
Q: A lot are saying there will definitely be a limit to cash-in – 30 days?
A: No, not with an internationally traded currency – this is not a pigeon hole currency…you can’t call it back or control it…ilt’s going with the market.
Let’s say you and I are demolishing an old house, and we bust the walls and find $2,000 in 100 bills with funny marks on them in pristine condition.
You and I would go to the bank and know that the bills were worth more than $100 – but that doesn’t stop us from going to Walmart because it’s our money – it’s legal tender.
They’re 8 years old, and I can get a plane ticket to Vietnam I guarantee I can take a bill and they’ll thank me for it.
Q: Any significance from the Chinese president related to the RV?
A: Their like us…they have their hands so deep in their pockets, it’s pitiful. They want cheap oil. The Chinamen were the ones who stopped us from getting out of Chap. 7 in the beginning…it was sweet, but painful to see it. They told the UN why they shouldn’t allow them out .
Q: Who’s idea for the Iraqi meetings?
A: Talabani and…?
Q: Why are they allowing Maliki to dictate after 4 meetings?
A: I think you’re absolutely right…he’s the prime minister and they’re giving him too much credit and don’t think they want to give him anything until this process – sit him in the chair and they told him that they’re going to form a majority because the Constitution allows it…
that’s all Talabani talked about the Constitution…the Kurds are ready to beat him using the Constitution …
Q: Are we scheduled for another preparatory meeting?
A: That’s supposed to be the end and Talabani is supposed to give us the information for the National Meeting.
Q: All we hear is when it’s going to RV and the Kurds using the Constitution with the majority in place…it seems like they would procrastinate. What’s the timeline?
You know Maliki’s going to jump up and say we can’t do that. Is there a particular timeline for this majority vote to take place?
And, ultimately Maliki needs to go...Assuming he’s facing this majority thing and there’s a particular timeline to >>>> or get off the pot. When would that happen?
A: I understand it’s pretty effortlessly – if one party can resist but they have to step aside between the groups who want to form a majority government.
They’ll place people in different posts…that’s the way to settle that to break the resistance and that’s the language used. All they’re trying to do is get the obstruction out of the way – MALILKI.
Q: Today is Sat night sleeping…Sunday and Monday getting the ball rolling, will they do that or do they have to wait for something?
A: No, that’s why I didn’t undertand Thursday why Talabani didn’t do it. This is good stuff…once M. has been threatened by Talabani…he’ll try to make deals in the back room and that’s why we haven’t heard when these meetings are going to occur.
M. will say…well, I decided to participate or let’s move on with the process…an arrogant attitude, just like he did a couple of weeks ago. If he doesn’t, it shouldn’t take long to implement it at all.
Q: So, between now and the end of this month could happen?
A: Big time…I’d still be looking for an RI-RV and the Kurds to have them pay their bills. If M. meets with any resistance, everybody has signed on the initiative before Talabani went to the bank in Germany –
He’s the guy who’s resolving the issues in a block and he’s going to get it. Once it’s implemented, Maliki cannot stonewall it by not supporting these projects.
That’s what he did with Erbil…everyone signed and all went good, but 3 days later he got back to Baghdad, and he said it wasn’t constitutional so Erbil wouldn’t be implemented….
so now, Talabani is letting the whole world know that M. has been told to implement them and he can’t back out. I think he’s going to give us the RV to save his own hide.
Q: If they put him in the corner, he has to do what he has to do.
A: Absolutely – he knows people want to put him in jail or even worse and he’s struggling with that.