Q: Backdoc, do you have any suggestions as to how to keep up to date on the VND's progress?
Backdoc: THERE ARE TONS OF ENGLISH BASED NEWS SOURCES FOR THE VND STUDY.
AS I'VE MENTIONED MANY TIMES WE HAVE SEEN ALMOST A MIRROR IMAGE OF PROCESSES GOING ON IN VIETNAM AS WE HAVE SEEN IN IRAQ!
WILL WE SEE A RATE AT OR NEAR THE DINARS' RELEASE?
WE SIMPLY DON'T KNOW FOR SURE.
TO SOME EXTENT WE HAVE SOLID INFORMATION OF THEIR PROCESS AND YET OTHER DETAILS ARE LIKELY BEING KEPT FROM US!
WE KNOW OF THEIR STRONG AND GROWING ECONOMY ALONG WITH THE TRANS PACIFIC PARTNERSHIP.
IN ADDITION WE KNOW OF THEIR STRONG BANKING REFORMS JUST LIKE IRAQ! WE KNOW OF THEIR VAST WEALTH IN GOLD, OIL, AND GAS. ALSO THEY ARE A HUGE FOOD PRODUCER.
THE AREA I FEEL THEY MAY BE HIDING IS HOW MUCH CURRENCY THEY HAVE BEEN ABLE TO PULL IN OVER TIME TO REDUCE ITS NOTE COUNT! I NOTICED THE NEWER BILLS HAVE HIGHER SECURITY FEATURES ON THEM AS WELL! MMM
ANOTHER POINT THAT IS ELUSIVE IS HOW MUCH GOLD THEY ACTUALLY REPORT HAVING.
THE LAST THEY REPORTED IT WAS A 100 TONS. I THINK THIS MAY BE UNDER REPORTED BY NOW! I DO KNOW THE PUBLIC SECTOR USED TO REPORT HAVING 500 TONS! THIS COULD BE PULLED IN IF THEY REALLY WANTED IT AND EXCHANGE FOR DONG.
WITH ARTICLE 4 IN THEIR REARVIEW MIRROR IT MAKES SENSE THEY WILL STEP UP IN THE NEAR TERM!
I DOUBT THEY WILL WANT TO WAIT DUE TO THE FACT THAT DINAR INVESTORS MAY WANT TO LOAD UP IF THEY WAIT! LOL
ITS TOO BAD THEY ARE NOT AS OPEN IN THEIR SOCIETY WITH MONETARY DETAILS. SOMETIMES IN LIFE YOU GET LUCKY IF YOUR IN THE RIGHT PLACE AT THE RIGHT TIME IF YOU CATCH MY DRIFT!
WE GO ON SOUND INFORMATION AND FACTS BUT SOMETIMES YOU HAVE TO USE INTUITION TO FILL IN THE GAPS WHEN THEY AREN'T GIVEN!!
REMEMBER, TO SOME EXTENT OZ DOES THE SAME THING WHEN THEY OCCASIONALLY SAY, NOT FOR PUBLIC VIEWING! MMMMM DOC
Rick March 20, 2015 at 3:30pm
BREAKING NEWS! Another scorned U.S. ally turns to Russia! Saudi Arabia has quietly reached out to arch foe Russia!
LINK - http://www.wnd.com/2015/03/another-scorned-u-s-ally-turns-to-russia/
Saudi Arabia has quietly reached out to arch foe Russia in an attempt to temper Iran’s regional influence and reach a compromise on Tehran’s nuclear program, Middle Eastern defense officials told WND.
The Saudi move already has resulted in the opening of back-door dialogue between the two countries aimed at possibly forging a new alliance, the officials said.
The talks may showcase Saudi desperation in light of the Obama administration’s rapprochement toward Iran, perhaps the House of Saud’s biggest competitor for influence in the Middle East and Persian Gulf.
Already, the shifting U.S. regional alliances have seen Russia’s military relationship with long-time U.S. ally Egypt grow ever closer.
Don: U.S. Begs Russia to Remain in ‘SWIFT’; the One Bank Fails Again Bullion Bulls Canada – Sprott Money News -
http://www.sprottmoney.com/news/u-s-begs-russia-to-remain-in-swift-the -one-bank-fails-again-bullion-bulls-canada-sprott-money-news?mw_aref=d 0d00a311961371d69bcc0f5d530833e
Highlights From DC on Fri. TNT CC Vi Adept1:
DC: Everything looks really good. The summary is simple: there is a lot more positive info, we don’t know the exact time; we are hanging off the edge but not falling. Everyone is waiting.
We have been asked to be gentle and specific; nobody is finding this a laughing matter so we will try not to take liberties. Callers, please don’t complain about any specific person on the calls.
Iraq is ready. It’s their Sabbath, and in the mosques they said “This is really happening, we promise.” They talked about northern and southern cousins who have been paid on this and that, and some parts of Baghdad as well.
We are waiting on the remaining part. This is still the different classes that have been paid, not the whole country.
On television, they are still on the fourth stage of the economic reform. Behind the scenes, every office and ministry has been telling their people to get ready. Of course, everyone was ready on Wednesday, so why are we still sitting here.
In Iraq there are many rumors about when this will go through. The majority of Qi cards have been adjust from $3.58 to $3.91. They made it clear that they are not waiting on that to be done.
They did have a celebration about beating Da’ash and how that group is eroding; they are expecting to have more parities this weekend, too.
DC: I understand people are confused about different areas being paid. IN some parts, the cards are being adjusted to $3.91 on their cards AND long-due payments are now being made. The snowball effect has now been started in the outer edges of Iraq, and it’s now getting to a critical point, where it is happening for a lot of people, but it’s a real mess because it’s not happening everywhere at once.
DC: It is a thought-out process as weil as daily meetings to feel out how it’s going.
In the USA, the Fed, bankers, UST, etc., have all been on lockdown all week. They have brought in new folks, including VPs and other higher people who are not normally on lockdown. They have relaxed that a little bit. Why did they scare everyone?
The systems were live on Wednesday and Thursday for hours at a time. They were exchanging a few people, one at a time, to make sure the systems were working correctly. That has been going on for a week, and full on since Wednesday afternoon, in the US and throughout the world.
They are incredibly frustrated because they keep being told it will go down this time and it’s another dress rehearsal. The banks are geared up again for as early as this evening and this weekend. It is live throughout the world, and they are having access to screens if they go looking.
We have had wonderful bank stories from people just asking the tellers. They have never been trained on dinar, they have just checked and say, “That can’t be right!” So they end up calling their bosses in, and then say they cannot exchange yet.
The rates are live throughout the system, and it helps to build the message that everyone is ready for this.
They have not signaled when this will go down; we are waiting on Abadi and Shabibi. They have told everyone to be on their toes and look out for it. So the world is ready and has been live since Wednesday, and everyone is waiting on this.
DC: The tests included tier 2 banks, and a few even exchanged a couple of people. Those tests were successful.
DC: They are not telling anybody. A lot of smart folks are speculating about times, after the market closes, or after Forex closes. Some high-up people in banks are saying they expect this time or that, but they are just reading the tea leaves because there is no official time yet.
281 caller: I am not a first time caller, but I do have a plea – can the more experienced callers please ask pertinent questions to educate others? I cannot get on the call Mondays or Wednesdays, and I do donate, so can I ask for an exception?
My sister, who is new to this, had an opportunity to travel to Houston; she walked into a bank there and asked to speak to a wealth manager. She said she had a couple of currencies to exchange. The bank manager asked which currencies, and she said the dinar and dong. The manager said that they would be exchanging those currencies at that location from April 20th, and the manager took her information. My sister had no idea of the depth of the information – that the bank manager acknowledged they would exchange those currencies and she gave an actual date.
I understand the banks will be competitive. Let’s say I’ve called the 800 number and I’ve got to my appointment. Do we give them currency and they will give us a rate right then? What’s the deal?
DC: There are two different processes. The banks with Delarue machines should count the currency in front of you, with a witness, so that there is agreement about what you have and verify that they are legitimate notes. Then they will offer you specific rates. The majority of exchange locations will not have Delarue machines; they will count out your notes, with a witness, put it in a bag and ship it overnight to a counting facility where they will count and verify it again. Before they ship the money off, they will agree a rate with you, so that you will know what will be in your account the next day. You will get a receipt for it, like any other banking transaction.
Caller: At one point it seemed like a guessing game, that we wouldn’t know what rate would be available.
DC: There will be double verification, but don’t let them send your money off until you are completely comfortable with the rate they are offering.
239 caller: Let’s say nothing happens for a week; can another currency go first?
DC: There’s always a possibility, but I’d say less than 1% chance of that.
Caller: You said that the banks might limit the zim as well?
DC: We have heard there are caps on dinar and dong, and they didn’t expect to put a cap on zim because not many people had it. However, numbers have gone up so much in the last month, that a ruling has not been made yet. There are two camps: one says “let it rip; it’s less than 10,000 people, so who cares”, and the other camps says “we cannot allow that; for the first 20 million dollars worth, let it go, and after that make it one penny per zim rather than 15 cents.”
702 caller: You said that when Baghdad gets paid, we get paid. Didn’t you say that Baghdad is now getting paid?
DC: They have started paying different groups of people, not the entire community. That includes past debts and salaries, health care and pensions, some contracts and a few ordinary citizens. It’s the government checks that are being paid at $3.91. They are just starting to do that in Baghdad now, and that is leading to even more economic disparity between 1166, $3.58 and $3.91 rates.
Caller; Do you think that will be soon, or the 20. April like that other gal said?
DC: That is just a few bankers throwing a date up against the wall. In my opinion it will be very, very soon. They wouldn’t be doing all this stuff this week without it finishing up very soon. Bankers don’t go into this industry because they expect their phones to be monitored. You don’t ramp it up to this state, on the edge of the cliff, just for fun. There is intent and purpose, and we really are that close..
Caller: Some people are saying it wll be a slower rollout, like one dollar rather than $3.91.
DC: The $3.91 is what is showing up on the cards who have paid those amounts, both in Iraq and on the bank screens around the world. They have done a tremendous amount of exchanges at mid-three dollars or above. It’s very unlikely they would go lower. The one-dollar rate had to do with punishing Maliki, plus the UN Chapter 7 deal which said that the rate had to be 1:1 at a minimum. A lot of that is a translation issue to do with removal of zeroes. Google translation started a lot of that, but we are all in the camp of mid-threes and above. I do believe this is happening very shortly, and have my bags packed and by the door for a reason.
Caller: Is this being tracked by the UST so that you can’t go to different places to get over the cap for the different currencies?
DC: They already have that for dinar and dong, and it would be easy to add the zim. ISIL is being pushed back, and they now have Anbar province back. I think they have pushed the snowball down the hill, and I don’t’ think they can hold it back for more than a few extra days.
DC: Iraq is ready; they have partially paid man y people throughout the regions. The US and the rest of the world is on super-duper high alert all week, and they anticipate this going down at any time. We are just waiting for Shabibi and Abadi to push the button.
There is a lot of speculation, but they are not telling anybody the exact date and time. We are all excited.
Thanks to everyone for listening. Take a step back and realize what a cool deal this is. Folks that are involved in this thing, both high and low, have been very generous with their time and sharing their information with Tony and the TNT team. It’s the coolest thing I’ve ever been involved in…