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DAN STATES - We are going to go over a few things about the news. There is an agenda change. You heard a little bit about it Friday. Basically, we want all to understand what is being said on these calls, our opinions and what we say are OUR PERSONAL OPINIONS. PTR as a company does not take a stand on anyone's thoughts or projections. Watching what we say. We are watching news closely. What is holding this up? If you look at what's going on over there, Israel is going to make a strike. Going do something about Iran. One of things we talk about is what is holding this up...what’s is reasonably sounding correct--- Israel is going to make a strike...what’s to do with Iraq? Our troops are there and its next to Iran? I think the economy is at the top of the list.....it could put the ME situation in a stall...not the RV..but just to see where they are?
GARY STATES - I think a lot of the things we're looking at, waiting on banks, waiting to see if things are stable. Things coming up are really critical. Issues going on with concern to currency wars. Aware some countries are stepping up their activity and pressure to stop currency wars. At the same time we've got pressure in the ME to stabilize banking systems. A number of countries included in basket. Will move on w/o some. When there is an RV, banks want to see the currency. Waiting for that stability to be accomplished so they can move forward. Read the news carefully. Lots going on. Especially with troops issue. Specific issues can be seen in some of the papers. Wall Street had specific article dealing with that. Trying to bring all that to closure this week. Once we see that, think we will see a competent moving forward of the banks.
TONY STATES - One way to look at it...IF that is going hold it up....first up...let me clear up....don’t hold me responsible to nothing I am giving you my intel… look at what's going on, troop issue. We know we have never went to a country and left. Never, ever. Even though it seemed a possibility, how would we ever pull all troops out of Iraq when they have no Army, Air Force, Navy. Never an issue… O called their bluff. He said, you now what......we're pulling them all out. Iraq says wait a minute. That's not what we meant. All of a sudden they within 48 hours of saying we are pulling out troops40K troops staying in Iraq… I never expected us to leave. We will always be there to protect them… They have already moved 80K around perimeter of Iraq and that upset Iran. So they put them back in Iraq.
TONY STATES - Hearing lots of diff things. Regarding China, while we're not going to discuss the situation, it cannot be completed until RV happens. Built into the agreement that I know of is part of the RV. We'll be discussing that until it actually happens … Other than that, all good. Still hearing codes have been released, CBI has locations in the US, we know their site is being run out of the US, brought people over here this weekend. That’s the crux. Whether its going happen here or not, still excited. Not giving away too much info… That's where I see we're at. Think you're going see something sooner than later, w/o starting a controversy.
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DAN STATES without starting a big debate, You're going hear me say don't look too much to the banks. They are 4th & 5th players here. Again I'll say I will be responsible for what I say, even if it is my own opinion. Just covering myself. We are giving our opinions think banks are 2nd or 3rd string … We're not going to have a debate here. At the place we're going know what we know when its over. As far as the European situation w/CBI, its been ran out of Europe for a long time. Them being set up here is news to me. Anything could take place. The plan from the beginning was the forgiving of the debt so other countries could become more profitable. I think a few things still need to happen before RV is possible… car bombings, suicides, we see that all the time in Iraq. We just hope it doesn't turn into something bigger than that…. Biden going back and forth, no secret now. Its public news. Its a great day, beginning of a good week. I think it’s going be dropped on our heads w/o notice. Forex and CBI are going to show that its happened. Then we are going to start preparing for the final conclusion of this mess. Nothing in our way, what's the next step. We're in a good place. Nothing negative, nothing bad. Someone probably moved the cheese, but we'll find it.
TONY STATES - I had a good weekend. I saw a lot of good info, contacts about what’s going on in the background. Still exciting. Even though Iraq is on vacation, people showing up in parliament, agreements being made. Not everything has something to do w/RV. Numbers in place, people trained. Banker said people trained for over a month, just waiting. I do know people were in lockdown....you probably heard that...I am waiting to see what today brings and tomorrow even….
CHIEF STATES regarding article - it sounds like they're really looking at doing something. Stating the removal of two decimal places, left or right I don't know. Dealing with inflation. Under pressure internally. Sounds like they're getting ready to hit 10% inflation… sounds like basically says this thing is getting ready to crack over there as far as CBI concerned. Inflation/interest rates are high and they've got to do something about it… I think it leads you to believe they are running out of cash. Getting tighter and tighter. Something happenings. I think it leads you to believe they are running out of cash. Getting tighter and tighter. Something happenings.
CALLER STATES - I am worried about the 3 cheeses are we still on?
TONY STATES - yes, actually we are. I think we're still there. If anything, I will tell you I heard there was an offer made to Iraq over the weekend, a cash offer, if they would do something this week. Had a larger amount. Have to be perfectly honest. Heard the number. Not going repeat it. But I don't think it was enough to make them do anything. Doesn't mean its not out there. I just don't agree… If it skips anything, what I'm told, it will skip the 3. If not still okay.
DAN STATES - we all try to cover diff points. Where are you at this morning. Didn't happen last week. This morning is a new Monday. CALLER STATES - Don't know what to think. Kind of just waiting. I got a good feeling about this week. Didn't think it was today personally. Maybe around Wednesday. Don't feel real strong about the next minute. Still a lot going on in the world economy. Such a disaster. Getting worse every day.
DAN STATES - the facts are something is holding this up???We're looking for any piece of info that can give us guidance. The facts are something is holding this up. They've been telling us all for months this has been released. Look at political side. What is big enough to hold this up. No holds barred about the dollar. A lot of people getting together for the right reasons. Told all to come up and say hello. Don't do it all at once though.
CALLER STATES - based on all that I've looked into and read, I really believe we're in the wk. Conversation w/my wife last night. She feels the same . I have remained calm and reserved. We came to the agreement really believe this will happen by end of year based on Iraq's 2012 budget. Just live our lives according. If it happens this week we'll be that much more excited.
TONY STATES - I like what you said, but what makes you think you're in the week if you're looking at December. .. What makes you think we're in the week.
CUSTOMER STATES - Just based on general info. Listening to you guys, watching other boards, no special contacts, just the Lord above. Spend a significant amount of time on my knees. Just feel we are in the week. Just my perspective. The other reason I believe we're that close, my personal opinion, is my take on the tax situation. Believe our admin would want our tax dollars for this year. If it goes closer to the end of the year, personally I'll wait til Jan to cash out and then sit on tax issue for another 18 months or so.
DAN STATES - I've been saying we're in the week for a long time. Meaning it should happen in the week we're in. No reason you should think its 2, 3, 4, 5 weeks out. Should always happen this week…. It bugs me when people say won't happen to 2012… I never want to think it can't happen in the next 2 or 3 days. Believe we're always in the week…
CALLER STATES - wanted to ask about way back when something going around about new CBI site at last minute. Still the case?
DAN STATES - keep hearing about new CBI site, whether it does nor not, don't see the significance. Ty has changed his, BOA. Changing of the site doesn't mean anything to me.
TONY STATES - I saw the new CBI site in Feb. 2 months ago, there will be some different features w/calculator etc. This site will come up as soon as RV is announced so people will know there has been a major change. THE NEW SITE IS COMING OUT ON THE RV REVEAL DAY that page will be seen on that day before anything else..
DAN STATES - It needs to start at that place. CBI, forex. That piece of info will hit us before anything else, in my opinion.
TONY STATES - I'm the guy w/the glass 3/4 full and ready so spill over. Everyday I look that this could be it. It could be any day this week. Its still this week. Every week we go to, I just go to today.
TONY STATES - I don't think the troops have one thing to do w/the Rv. Everything we already know what they said last week was just for show. We shouldn't have been listening to any of that to start with. Lots of people just throw things out. Now that troops have went from 30k to 40k.
DAN STATES - surprised we absolutely agree. Good question though. Lots of ppl spoke of this being held up because of troops. We were one of many that said it didn't have anything to do w/it… made the comment if they go anywhere they'll go to Kuwait and see if Iran does anything.
TONY STATES - Have been talking to bankers, even this morning. There is a semi-agreement between Chase, WF, Citi . Each will attack different segment of the market according to dollar amts. Have packages put together. I should receive copies today. What to expect, interest rate. Will give our people a heads up when you go talk to the banker. He won't even know you have that info. If you'll look, I got a very interesting article sent by one of our mods. http://www.huffingtonpost.com/2011/11/06/abbot-downing-wells-fargo_n_1078513.html?icid=maing-grid10%7Chtmlws-sb-bb%7Cdl7%7Csec1_lnk3%7C110390 Its about Wells Fargo. Hopefully will see if she can post it online. It will say Tony asked me to post. WF is opening new branches, 1st in Chicago. Branches for people w/50M or more . Only ones that can use these branches. April 2012. They will be your advisor, not just financial, but life advisor. Educate you, your children, risk mgt., etc… They've already picked key places to open up at. I believe they're prepared for something. These packages tell who gets to be involved with this. Should get pkg. today, or Tues or Wed. Will come back with the info about that… as soon as we get the announcement could be this afternoon as far as I know.....the RV peeps
DAN STATES - There's some CU type situations you can get involved in. I personally think banks are most criminal organizations on the planet. Been stealing from people on a huge scale. Banks are not your friend. Caution you about getting w/banks to find out what to do with your new found wealth. Could you have your money more protected. Not pushing something personally. Seen banks taking advantage of people around the world. They are the new devil in MY opinion. Banks will get a lot of our business until we figure out better avenues.
TONY STATES – It’s not just the banks. Trust companies, investment companies. You are responsible for you. Nobody else when it comes down to it. Responsible for you and your money. Protect it to the best of your ability.
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