_Posted Thursday , 10:18 AM UPDATED & ADDITION
JONNY's CLASS NOTES
JONNY: We are still in the same position as 1am last night. All is done and we are awaiting the activation. This can be a refresher as there is not much left.
[mimi49] jonnywg: Am I correct in remembering that it could show up in the banks and not on the CBI? Will you have access to bank screens even though they are closed today?
[jonnywg] mimi49 - It could show up in the banks and yes, I will have banks screens available to me all day today. I will report any changes.
[strongbow] Will the bank cash-in packages be available for the countries of Panama and the UK? Thanks.
[jonnywg] strongbow - If you send me an e-mail I will provide packages if I can arrange anything with those countries
[Jeepadict] Jonny, can I sell/gift my dinar to my newly formed LLC prior to cash in??
[jonnywg] jeepadict - Please seek legal advice
Read More Link on Right
_ [Readynow1] Jonny, are you hearing anything new about "O" still trying his tricks? Thanks and have a great day
[jonnywg] readynow1 - We are not positive that 'O' is not influencing the delay .. but we should know this am
[gillsdinar] Jonny, are bank screens still 00.000 and updating? Thanks.
[jonnywg] gillsdinar - Bank screens are 00.000 and could change at anytime
[bluebabe44] If you are staying down in the states, and you have your dinar with you, can you go to one of the places and cash in and send the money back to Canada?
[jonnywg] bluebabe44 – Yes, I can... BUT it can be wired to Canada
[sonnayhwh] SHALOM to you. Is there now a "window" for BIS involvement, in your opinion?
[jonnywg] sonnayhwh - No windows or doors left. This is the end of the road. Either ‘O’ releases or BIS takes over.
[Kansaschick] Is Forex closing for 4 hours today is routine maintenance or unusual? Thanks.
[jonnywg] kansaschick - First of all, there are several Forex companies. My question to you is, “Are they all closed??”
[Baxter1243] I read on Dinar Guru this morning that possibly the hold-up is that parliament needs to draft the HCL law...which could be today.....is that the hold up?
[jonnywg] baxter1243 - We are not aware that can interfere with the rv.
[dessybug] jonnywg.. Thanks for all you do and Happy Thanksgiving to all. Let’s just say, "today is our day". If so, what time of this day or any day would be the most likely time to see this?
[jonnywg] dessybug - As all banks are closed it can be at any time at all.
[imperium] There was so much info about China, IMF, etc. pushing this beyond 'O's' influence. It seems that's not true? What's true?
[jonnywg] imperium – China, Iraq and the IMF forced 'O' to the limit. He did get extensions that have now expired and we expect the rv at any moment.
[vic406] Why aren’t the U.N. op rates showing? I’ve never seen this. God bless.
[jonnywg] vic406 - Neither have I. Hopefully today
[gnunes] Can we gift dinar to people post-rv? Will they need to have a receipt or notarized gift letter to cash in? It's just currency, so they should just be able to take it to a participating bank to cash in, right?
[jonnywg] gnunes – Post-rv, they will preferably have a receipt but it will be taxed on the rv'd value. Seek an accountant.
[Capt Ron] Jonny, have the 'big four' banks moved money out of their systems because they no longer can maintain high cashing-out levels? If so, does the need to bring those money levels back higher mean an rv delay of a week or so until then?
[jonnywg] Capt Ron - There will be no delay by the banks but there could be a delay with you getting into one.
[tinkerbell] What banks have the de la rue machines in Houston,Texas?
[jonnywg] tinkerbell - Most of the banks are switching from de la rue machines to black lights... you can ask any branch for the rest of cash in branches after rv. PLEASE DO NOT ASK ANY BRANCH BEFORE THE RV!!!
[manchimp1] Jonny, do you foresee it being activated today and we’ll see the rate? If so, around what time? Do you think it will be today?
[jonnywg] manchimp1 - I do believe that we will see either the CBI rate or the UST rate in the banking system today. Since the banks are not open it could be any time.
[ram1] What is the next time frame you are looking at for an update?
[jonnywg] ram1 - There is no time frame...it could happen at any time today while you are eating turkey - or after.
[stormyweather] How much longer will BIS wait before taking over and once it does, will R/V be immediate? Thank you.
[jonnywg] stormyweather - We do not know when the BIS will take over. It could be soon and it will be immediate.
[Biggyjc] Jonny, at what point will the IMF step in and take over?
[jonnywg] biggyjc - The IMF will not take over, it would be the BIS.
[gramps77] Good morning, are your packages going to provide a way for us to get CBI rate at cash in?
[jonnywg] gramps777 - The packages are geared to depositing and investing your money rather than the cash-in rates. To cash in, you should call BANKS and DEALERS to get the best rates.
[amandapanda] What time will you receive your next bank update?
[jonnywg] amandapanda - 10:30 CST
[post-class update] 10:50 AM CST: We have no breaking news right now. We wait for them to turn it on. See you at 8 pm CST tonight.
[maranatha] Hello. Are we waiting on any Iraqi parliament votes to take place today regarding the HCL or Erbil?
[jonnywg] maranatha - We are not waiting on ANY Iraqi Parliament votes.
[AngelBabies28] What happens if the BIS takes over?
[jonnywg] angelbabies28 - Rates implemented immediately.
[gwendolyn] What are the repercussions if the IMF or BIS activate the RV? How could the US possibly explain such a thing?
[jonnywg] gwendolyn - Repercussions would be at the rate negotiated by the USA [in their favor]. It would be changed by the BIS and would be extremely embarrassing for the US to have this happen.
[kdes dinar] Hi - When is the deciding factor that BIS steps in and takes over? Thank you.
[jonnywg] kdes dinar - When 'O' runs out of extensions and he does not activate.
[jonnywg] We are still in the same position as of 1 am last night. All is done and we are awaiting the activation.
[BLPastor] Could the RV and cash-in be held up until next week to avoid the mess an RV would create in the banks on the busiest day of the year - tomorrow?
[jonnywg] blpastor - Absolutely NOT. The more money spent on BLACK FRIDAY, the better for our economy.
[davedinarhappy] Can you please explain where I can find the rates and what I need to do once I get in that link?
[jonnywg] davedinarhappy – Check the CBI website. They will post at http://www.cbi.iq/
[oxglove] There’s a huge spread between the suggested 3.41 bank rate and the suggested 7.09 CBI/dealer rate. If dealing with a bank in Canada, what would a realistic, well-negotiated bank rate be in your opinion? Thank you! Hope you relax and enjoy your day!
[jonnywg] oxglove - Canada has NOT recognized the rv in the banking system period. The suggested rates are just that - SUGGESTED - and are not realistic. It is not realistic for you to count on.
[har35] Do you know if the reasons 'O' got the extensions have now been satisfied, or are they still outstanding - therefore more extension requests?
[jonnywg] har35 - Actually no, I don’t know
[daysjd1] Jonny, you are appreciated much. I understand that 133 countries were in the batch and were released, just not showing yet, and it is a fact Iraq is one of those countries. Does that pretty much insure it will be released as rv?
[jonnywg] daysjd1- Iraq is the #1 currency in the RV
[texas2050] Happy Thanksgiving Jonny and all. Since all the dinar have a magnetic strip in them, why do the banks need a black light or de la rue machine? You can see the strip when you hold it up.
[jonnywg] texas2050 - Counterfeiting is better than you think.
[bellsong] BIS to take over? What will be the tripping point when they say they have had enough of ‘O’?
[jonnywg] bellsong - When ‘O’ runs out of extensions.
[inwest] Jonny, good morning from the Great White North. Will the rate appear at Canadian banks the same time as US banks?
[jonnywg] inwest – Yes
[Capt Crunch] Jonny when is the end of ‘O’s’ extension, do we know?
[jonnywg] Capt Crunch- We do not know for sure, we think it was yesterday.
[ChaChaRichSquirrel] Have there been any changes in any of the sites you are watching or any indication of something different? The Treasury site [http://treasury.un.org/] is saying “not authorized to view” was a site looking like IMF...any reason this changed related to the rv? Happy Thanksgiving and thank you for all you do.
[jonnywg] chacharichsquirrel - Basically there have been no changes in the monetary figures and any of the sites that we are watching.
[Cindinar] Have you received any information that is different from where we were yesterday? If so, what? Thank you all for all you do.
[jonnywg] cindinar - We have received more confirmations that all of the work that needed to be done for the currency to revalue is COMPLETED.
[taildragger] Thank you for all the behind the scenes work you have done for us, that most will never realize. Please describe for me the cash-in package US. Thanks
[jonnywg] taildragger - Cash-in packages will be released AFTER the RV
[maw33312] Jonny I just wanted to say, "Happy Thanksgiving from the Squirrels." Thanks for all you do brother!
[jonnywg] maw33312 - Happy Thanksgiving to you!!
[unklscroog] Have the UST personnel been released from lockdown?
[jonnywg] unklscroog – Yes, personnel were released as of 6 pm cst yesterday.
[Lady] Happy Thanksgiving - I'm thankful for all of you and what you do for us daily! What happens if the BIS takes over? Is there a deadline at which time they will or can take over? Thanks!!
[jonnywg] Lady - If the BIS takes over the activation is immediate. The deadline is when 'O' runs out of extensions.
[JReacher] Happy Thanksgiving all. Jonny, Packers or Lions?
[jonnywg] jreacher – LIONS
[Canuckgirl] Jonny, are you saying that we cannot exchange dinar in Canada after the RV or, if we can we will perhaps see a lower rate than those in the US?
[jonnywg] Canuckgirl - Canadian banks have NOT recognized cash-in for dinar at this point. They WILL cash in AFTER the rv and knowing Canadian banks, the rate will be much lower - so shop around.
[hjcrowe] If the BIS takes over, will anything be different on our end as speculator? How much extra time could that create to release?
[jonnywg] hjcrowe - If the BIS takes over - NOTHING will change and no extra time is needed.
[oldmanontheriver] With Dinar Banker layaways, I understand we will call them and they will wire to our bank account. What if we want to keep some as dinar?
[jonnywg] oldmanontheriver - Go pick it up or have them FedEx it to you.
[Islander] Thank you and all the Mods for such great support. Bless you.
[jonnywg] islander - You’re welcome!! Happy Thanksgiving!
[soonerfan] Jonny, could ‘O’ get extensions into next year?
[jonnywg] soonerfan - Anything is possible BUT it would be political suicide in my opinion.
[texmom3b] Will there be help for us after RV with further questions? TY Is it okay to purchase a car post RV before seeing an attorney, etc?
[jonnywg] texmom3b - Post-rv the questions are $10.00 each... Ooops, lol. Yes, we will be here for a while. Seek professional advice first.
[Susananderson] Jonny, you said repercussions of a BIS release could be loss of negotiate rate for US . Would BIS significantly lower the rate to us?
[jonnywg] susananderson - BIS takeover would put the rate in Iraq’s hands. Thus it will be lower
[sunshine] Jonny, by your relationship with Dinar Banker or Dinar Trade, could you ask them to come to Toronto or Montreal? We have at least 5000 dinar holders around those areas which represent over one billion in USD! Thanks!
[jonnywg] sunshine - The Canadian government has blocked dealers from USA and other countries from coming to Canada. Check with your tax specialist regarding your cash-in in the USA.
[divinegrace] Is it possible that IT personnel were released for the holiday under a non-disclosure and will report back after the holiday weekend? Thank you and Happy Thanksgiving.
[jonnywg] divinegrace - You are kidding me? The IT department knowing that level of confidential information would have not been released unless their work was completely finished or the rv was completely stopped.
[gacrowell] What is the BIS?
[jonnywg] gacrowell – BIS is the Bank of International Settlements and is the final resolution price of ALL international currency.
[musiccitylady] How many extensions can Obama continue to get? Can this go into next year?
[jonnywg] musiccitylady - We think he has had his last extension and there is no evidence to point that this can continue until 2012.
[leftyleo] What is the criteria 'O' uses for extensions?
[jonnywg] leftyleo - He wants it delayed.
[Princess M] We should be praying if the BIS takes over so the dinar and the other 132 currencies can RV?
[jonnywg] Princess M - Yes
[Trouble Maker] If IT people enter encoded info what could they really know? Seems there would not be a worry of sharing confidential info.
[jonnywg] Trouble Maker - The problem is that they bring back the encoded information to be implemented into the system.
[rockdinars] One source is saying that the Erbil, GOI etc. are not done. For weeks we've heard that it is. What's your view? Thanks
[jonnywg] rockdinars - Would have been advised that the Erbil, GOI is not a factor of the rv at this time because of the stage of completion that they are in.
[gregnet] Happy Thanksgiving. If we cash through the bank and the only verification is a black light, will the notes have to be sent somewhere else for further verification? If so, how do we protect ourselves? Thanks.
[jonnywg] gregnet - In your circumstance take a photocopy of each bill on both sides.
[hurry] Are you saying, "no Happy Thanksgiving"?
[jonnywg] hurry - We must be in a different class because I never said that
[Prospernow] On the CBI site, the Japanese yen is not showing now. Any significance? Thanks Jonny.
[jonnywg] prospernow - Other currencies have not shown this week as well
[jonnywg] I wish you all a Happy Thanksgiving. We hope it will be fabulous with the RV.