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DAZ: EXCHANGE THOUGHTS
DC'S COMMENTS ABOUT BANK EXCHANGERS DETERMINATIONS OF YOUR QUALIFYING FOR CONTRACTS ARE GENERAL GUIDANCES....
MY GUT TELLS ME IT WILL GO MUCH DIFFERENTLY FOR MOST..THESE ARE BROAD GENERALIZED STATEMENTS OF GUIDANCE TO HELP MANY OF THOSE THAT REALLY HAVE NO PRIOR EXPERIENCE OR CONCEPT OF BUSINESS OR BANKING.
JUST BE NEAT AND LOOK LIKE YOU MEANT TO GET DRESSED TO MEET SOMEONE THAT YOU WANT TO HAVE A KIND AND FAVORABLE IMPRESSION OF YOU....ITS JUST A FIRST DATE...NOT THE WEDDING..
IM NOT EVEN GOING TO LET THE IDEA OF SOME "QUALIFYING" CLOUD MY EXPERIENCE OF THIS THING.
THE QUICKEST, EASIEST WAY TO APPEAR OR BE PERCEIVED AS FEARFUL AND LACKING CONFIDENCE IS TO FEEL YOU ARE BEING JUDGED ON THOSE ATTRIBUTES.
WINNERS DONT DO THAT.
JUST BE A GOOD REPRESENTATION OF YOURSELF...NOT SOMEBODY ELSE...BE KIND, PUT A SMILE ON THE INSIDE...AND OUTSIDE. BE YOURSELF...BEING FAKE WONT GET YOU PAID ANY QUICKER OR BETTER IMO
REALLY FEEL THE SMILE ON THE INSIDE....VISUALIZE IT..PRACTICE IT NOW...IT REALLY DOES CHANGE THE ENERGY IN A MEETING....YOU'LL BE FINE.
I WOULD NOT VOLUNTEER TOO MANY DETAILS, IDEAS OR CONCEPTS GENERALLY,
ALL GREAT IDEAS ALWAYS FIND OPPOSITION. A NEUTRAL CONFIDENT STANCE MAY BE WISE. A FRIEND ONCE TOLD ME...."YOU DONT HAVE TO TELL EVERYBODY EVERYTHING YOU KNOW...AND ITS BETTER THAT YOU DONT".
THEY WOULD RATHER HEAR THAT YOU WANT THEM TO TELL "YOU" ABOUT ALL THE PLANS, POSSIBILITIES, STRUCTURES AND OPPORTUNITIES THEY MAY PROVIDE. WM'S DONT WANT TO BE TOLD HOW TO DO THEIR JOB OR HOW YOU WANT THEM TO DO IT.
ULTIMATELY THEY TRULY JUST WANT YOU TO HAND THEM THE MONEY TO PLUG INTO THEIR EXISTING SYSTEM. ...THAT'S THE WAY THEY ARE TRAINED AND WHAT THEY ARE GENERALLY USED TO....AND THAT'S JUST THE REALITY OF THE THING
WE WILL BE CALM, CONFIDENT AND SMILING...THEY WILL BE TIRED, DISORIENTED AND ANXIOUS...SURELY WE CAN MEET IN THE MIDDLE SOMEWHERE.
MAYBE A SIMPLE BUT SOMEWHAT AMBIGUOUS REPLY UPON THEIR INQUIRY MAY BE BEST...
"I PLAN TO MAKE MY IMMEDIATE FAMILY A LITTLE MORE COMFORTABLE AND THEN I WANT TO LEARN HOW TO PROTECT AND GROW MY MONEY FOR GENERATIONS...AND I NEED SOME HELP WITH THAT."
THAT WILL PUSH ALL THE NECESSARY BUTTONS.
AND REMEMBER....IF YOU DONT UNDERSTAND, ASK, IF YOU DONT GET AN ANSWER YOU CAN UNDERSTAND, ASK SOMEBODY ELSE AND,......IF IT DONT FEEL RIGHT...DONT DO IT
HELLO MR. BANKER, I HAVE IRAQ DINAR, VIETNAM DONG AND ZIMBABWE CURRENCY. I WOULD LIKE TO EXCHANGE...CAN WE DISCUSS THE MOST FAVORABLE RATES AND TERMS, BOTH PUBLIC AND PRIVATE, AVAILABLE FOR EACH?
WELL MR BANKER.....I RECEIVED SOME INFORMATION IN THE PAST THAT THERE MAY BE MORE THAN ONE RATE AVAILABLE DEPENDING ON HOW WE EXECUTED THIS EXCHANGE.
IF THERE ARE OTHER OPTIONS BESIDE AN EXCHANGE AT THE INTERNATIONAL RATE, I WOULD LIKE TO EXPLORE THOSE TERMS AND REQUIREMENTS IF THEY ARE AVAILABLE TO YOU OR ANY AT THIS BANK.
BE RELAXED, CONFIDENT, FRIENDLY AND PURPOSEFUL
EASY, SIMPLE, HONEST, INFORMED AND DIRECT
Iko Ward: Quote: " MAYBE A SIMPLE BUT SOMEWHAT AMBIGUOUS REPLY UPON THEIR ENQUIRY MAY BE BEST...."I PLAN TO MAKE MY IMMEDIATE FAMILY A LITTLE MORE COMFORTABLE AND THEN I WANT TO LEARN HOW TO PROTECT AND GROW MY MONEY FOR GENERATIONS...AND I WILL NEED SOME HELP WITH THAT."……….Perfect.
Samson: Zimbabwe Bond notes ready, out next week
November 20, 2016
THE Reserve Bank of Zimbabwe will by next week have injected US$75 million in bond notes upon completion of finer security features and national public awareness campaigns of the new legal tenders.
The tender, which has already been fenced with supporting legal instruments, is meant to incentivise exporters and ease cash shortages. The apex bank governor, Dr John Mangudya, told our Harare Bureau that all required procedures and legal instruments were in place ahead of the roll-out of exporters’ bonus incentives.
“The central bank is going to avail bond notes by November 30 this year and there’s no going back to that,” said Dr Mangudya.
“All the processes — which include designs, logistics and legal instruments — are already in place to roll-out the bonus incentives in the form of bond notes to motivate our exporters to produce more. The main reason of bringing the bond notes is to bring liquidity into the economy and make transacting easier, hence we are encouraging more exports to help the country to get out of this cash crunch. Exporting is the only way of getting cash into Zimbabwe. Without exporters, we won’t have physical US dollars. That is why we are pushing our exporters to produce more so that we can have more cash.”
Bond notes derive their value from the Nostro Stabilisation and Export Finance Facility provided by Afreximbank. The facility caps the total amount of bond notes to be issued at US$200 million. Bond notes will be released in denominations of 2 and 5 and will be pegged at 1:1 with the United States dollar.
Dr Mangudya said the central bank had held back introducing bond notes as a strategy to conscientise the public first.
Exporters are expected to start benefiting in coming days from about US$75 million worth of bond notes. Economists say the total US$200 million worth of bond notes, translating to exposure of an average of US$19,23 per person, was too insignificant to trigger inflation.
The central bank came up with the bond notes as a way to guard against money laundering, and capital externalisation and flight. Dr Mangudya said bond notes were not a surrogate Zimbabwean dollar, but a financial instrument issued at par with the US dollar. The US$200 million export incentive will remain in existence as long as the facility guaranteeing their existence is in place. Small-scale tobacco farmers and miners will get a maximum of a five percent bonus incentive; whereas their large-scale counterparts will receive a 2,5 percent boost. Tobacco exporters are set to get US$30 million in export incentives.
A bill has since been gazetted which enables bond notes to be legally used in the country.
Samson: Rand not an option: Reserve Band Zimbabwe
Nov 20, 2016
THE Reserve Bank of Zimbabwe has continued to turn down overtones to adopt the South African rand as the country’s option to cash challenges saying Zimbabwe does not have its own currency which is a pre-request before joining the Common Monetary Area
Speaking at a SA-Zim Business Connect meeting in Bulawayo on Friday, RBZ Director of Financial Markets, Mr Azvinandaa Saburi clarified that for Zimbabwe to use the rand as people have been advocating for, there are pre-conditions of joining the Common Monetary Area (CMA) with one of them being that Zimbabwe needs to have its own currency which is then matched 1:1 with the Rand.
The CMA links South Africa, Namibia, Lesotho and Swaziland into a monetary union. Although the South African rand is legal tender in all the states, the other member states issue their own currencies: the Lesotho loti, Namibian dollar and Swazi elangeni.
According to the CMA, these are exchanged at par with the rand and there is no immediate prospect of change but foreign exchange regulations and monetary policy throughout the CMA continue to reflect the influence of the South African Reserve Bank
“There is no way that South Africa can print money for those countries in rands otherwise it will face inflation. That is one of the reasons why it is impossible for Zimbabwe to adopt the rand. We will not be seeing the return of the Zimbabwean dollar anytime soon as other fundamentals have to be in place to support our own local currency,” said Mr Saburi.
Governor Dr John Mangudya also clarified on the issue of adopting the rand saying people should be careful of what they are asking for as they are in a way requesting the Zim dollar.
“What you are asking for is more dangerous than the bond notes because you are asking for the return of the Zim dollar which we are not ready for. The rand issue is simple, we should have joined in 2009 so you cannot seven years down the line start thinking of that route. By adopting the rand formally, you need to request formally to join as the rand zone has its own criteria and that is why in Zimbabwe we are using a multi-currency system and not even the US dollar only,” said Dr Mangudya.
He said South Africa cannot supply the whole region that is why the SACU members also have their own currencies.
Of the SACU members, only Botswana is currently out of the CMA, having replaced the rand with the pula in 1976.
Bankers and industry recommended the adoption of the South African rand as the major transacting currency to reduce concentration of risk associated with heavy reliance on the United States dollar currently accounting for 95 percent of all transactions.
Meanwhile, Mr Saburi said a second phase of the introduction of the bond notes marketing would begin soon and that is the time features of the new notes would be advertised.
“The first phase of the marketing by RBZ was to let people know what the bond notes are. A second phase will be introduced before the end of the month to advertise the features of the bond notes. This will definitely be done before the notes are brought into circulation,” he said.
He maintained that the bond notes would be introduced into the market before the end of November. The Government has since gazetted the Reserve Bank of Zimbabwe Amendment Bill 2016 to enable the central bank and Finance and Economic and Development Minister to issue bond notes exchangeable at par value with the United States dollar.
When Does it ever End?" - Anonymous Thoughts 9:35 PM EST on November 20, 2016
This post isn't meant to bash any one of the guru's as we all have our favorites that we pin our future hopes on. It's been an incredibly long journey for many and for those who believe the updates provided by Yoseph, today 11/20 is when the long awaited 800#'s are to be released.
Granted, we have heard these predictions many times in the past and at this late hour, should these numbers not be released are we to believe that yet again the plan has changed or was the information from the well of intel knowledge some what tainted with half truths and intentional deception? That game could be played for years as it has already.
The daily happy talk is exactly just that until such time as the real rubber reaches the road. As someone who has spent her life in the fiat banking system, I can assure all that the evil ones will not go quietly. We're told that massive arrests have taken place and yet TPTB are still very much in control of the current fiat system.
One must ask the question; exactly what would the motivation of those that control the levers of international finance have to gain in allowing this to happen?
Without question, markets worldwide are manipulated by the Central Bank Masters Of The Universe, but at best, the fiat system created through the creation of the Federal Reserve, was nothing more than a ponzi scam perpetrated by those elitists who saw a world to their liking and against natural order.
Many believe that there is only one force on God's green earth that can change our current state of affairs, and that is the military. So, if these elusive 800#'s are to be received this evening as Yoseph has told us today, perhaps General Dunsford can arise from his long slumber and rally those who can effect change.
Sadly what the elitists fail to understand, is that We The People are in fact a major part of the equation in turning our country and others around. Without the buying power of the common man, if we're not buying everything from cars to electronics and everything in-between, then the very companies that manufacture that which we purchase will in all cases have a few angry shareholders to answer to.
Without question, the current banking system is a racket. Just imagine being able to borrow millions of dollars such as a bank at roughly one half of one percent and then send out mass mailings to their customers in the form of credit card applications, with interest rates in excess of 30%. That's not a bad racket to get into as local loan sharks don't look for those types of returns.
As Tony and DC over time also mentioned, banks are allowed to sweep depositors accounts into over night trades, netting them 25 to 30% on your money per month and you never see a dime of that profit. So if you ever believed that when it came to banking, the deck was stacked against you, your were right. Always remember, the money you make with my money belongs to me Mr. Banker, but your friends in government are your friends and design and pass laws which allow grand theft to take place daily.
One could go on sighting chapter and verse about the evil empire, but we have only ourselves to blame. Over the decades, we in America have become complacent as well as apathetic to those we elect to do the people business. After all, it is our Congress that writes the laws we must abide by and it is long past the time, that We The People took our government of, by and for the people back.
No one is asking for an insurrection. What we are asking for is fairness. It was the blood and sweat of the common man that built out great country and the time is long past to make things right.
Let's hope that Yoseph at the least this time is right about the 800#'s coming out today, but should this information fail yet again to materialize, we must all ask ourselves if some in the intel community have cried wolf one too many times.
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