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We have had a tiring day already, info coming in left and right. I didn’t have the greatest Father’s Day ever, like I expected it to. There was even a schedule for this weekend. That’s how enthusiastic we were. A reason for the madness we are experiencing today – unfortunately there is, but we are still going to get paid.
DC: All frustrated. It should have gone through. What happened -a very last minute agreement at the very edge to not release this to the public until the gov’t was seated and goes forward. To make sure no one gets any wise ideas with this much money. They have the votes – as announced on Iraq TV. It was literally in the process of going again and they did a last minute change.
About Iraq: what’s being seen on US TV is there are a lot of different perspectives on what’s going on, some things being broadcast all over about the insurgent stuff. 1700 people walked in and 40,000 Iraqi troops left. Those who remember back in late July and August, massive demonstrations in every camp, going nuts about “you keep promising us this” and once the Q cards were loaded with new rates of dinar, everything died down., Same that will happen this time, a lot of things will be relieved when the RV goes. Some bad apples? Yes, they are doing bad things. Not necessarily an epidemic, but does have some concerns. It’s not a country that is ripped apart already. They can solve 90-95 % of the issues with the RV.
T: Going back to Friday, want to give you a better explanation without getting me in trouble. Lot of money at stake, it’s Maliki’s last day in office – things could get out of hand. Some could take money that does not belong to them and run. Some could be forced into situations with this money. Some think that because they helped to get this somewhat going, that they should get the reward – has become a sticky part. Certain people reaching out to Big Brother to ask for help in protecting their money.
We should have been at the bank right this moment, and the schedule got blown apart because of the possible issues in Iraq.So we helped to alleviate their concerns by waiting a little longer – until the new gov’t is put in place. RE: what we are seeing on TV, we are getting calls from people over there saying it’s not like what we are seeing on TV here. Were told old footage was being played. There is a purpose for this of course, but we won’t talk about that. Things are moving along a lot faster than you think. It has been one heck of a day, and we are still in a good place to get things done.
Last Friday night at 8-9 pm, the bank people were all called in.Now they are told to go home until July 1st.
Caller:520- T: Sometimes I understand the frustration. We are encrypted. There are some people out there who are not supposed to know what’s going on. You guys can actually pick up some of the things I am saying.
T: In case we have to do it in the future, I put out a tweet that says Everything that glitters is not gold, or all news isn’t really bad news. People don’t understand my being cryptic. News over Iraq was going on and it sounded bad. All of that was planned, staged. It went faster than what they expected and it got out of hand. It was decided to let them feel some pain, just was more pain that what they thought they were going to feel, but it got the desired results. None of this was by accident.
DC: No one wanted anyone hurt or killed, but we did want for the gov’t, country to grow up. Well-executed election, that’s what we all wanted to happen. A lot of things are under control that are not being put out on US TV for very good reasons. T: Don’t believe everything you see and hear.
Caller:617- Q: Do we have to wait until July 1st to announce the gov’t?
DC: They should announce the gov’t at any time, any day. Now it’s an interim gov’t keeping all running, just waiting for the official results of who is in charge.
Caller:404- Q: Is the RV announcement still holding or is it just going to show up?
T: They didn’t want it to be an announcement. They just wanted it to show up. You will probably see it and then hear about it on our boards.
DC: What will Maliki do himself? It’s highly unlikely he will be the PM. There, they form a coalition gov’t. In Iraq there are many more coalitions. There is a lot of horse trading going on. Combining the votes of each coalition to have enough to form a gov’t. Some with the most votes will put their guy in as PM, and the next group with the highest votes will put the next highest guy in. There are encouraging to get everything done quickly.
T: We know it’s 220 votes – that their new guy thinks he’s got. Everyone is accepting that except for Maliki. Even though officially his time is up this past Sunday, the new guy can come up any time. This guy wants to unite the country regardless of the religions and he wants them all to become Iraqis. Unlike their past history, part of his agenda is to unite the country, wants to bring them into the 21st century, remove the guns off the street, give them their money.
DC: Months ago, they had a million person march in Baghdad, several hundred thousand people rioting and protesting in other provinces. Within literally an hour, 90% of this protesting went away. That was before and today it will be the same, once the RV happens, things will move swiftly to the positive, and these skirmishes, fights, battles will stop.
Caller:830- Still looking good for double digit rates?
T: Could come out in single rates and then go up there in my opinion. Contract rates? They did not talk about these. Dong is still in there.
T: We should have been in there this morning, things have slowed down a little bit but we are still waiting for it any time.
T: If I had to give you a back wall, it would be no further than the first weekend in July. IF the gov’t is seated, everything is done, announcements, then I think it will go at that time. If it went until the 1st, then it would be a couple of days only. If things fall into place as they are supposed to, then it will be ready to go at that time.
Caller:720- Q: Is it still feasible that the US via Bush in 2003 bought trillions of dinar to pay off the US debt?
C: Will Obama pay off the debt.
T: It will be used in other ways, too complicated to explain how it will all play out. It will be like – there will be 2 sets of books, integrate it in slowly as things get better – and it will look like a natural process.
C: Fed Reserve taken out or high hopes?
T: High hopes.
C: If it goes in June now, would taxes be due July 15th? And how will you estimate them?
T: I don’t’ know how this will play out, we don’t know the tax rates, who knows.
T: This morning it was a ride, esp. following this weekend when there was a schedule of things to take place.
C: As it stands right now, what’s going on now in Iraq will not affect the RV?
DC: That’s correct. A large number of people in power believe the situation in Iraq will expedite it to happen.,
T: Up until last Friday, what was going on in Iraq was not affecting the RV.
DC: Their main complaints will be solved. There will still be some bad apples.
T: It’s going to happen, will not affect the rate, but what it HAS affected is the timing.
C: Still a week or two?
DC: Probably, but not more.
C: Does the VNN have a contract rate as well?
T: It does have a contract rate, when you set up your appt., you can talk about that then at the bank.
T: The Forex rate, int’l rate, is what will start out lower and go up higher, and then settle down lower, so you have to know when to exchange, based on the highest of these rates.
Caller: 252- T: July 1st is the date they wanted all of the time, and everyone was trying to push and get it done prior to that date. It could go to July 1st, but hopefully sooner.
Caller:301- RE: Currencies in baskets,
T: Hint: some currencies in basket 1 may show up again in baskets 2 and 3. There will be more than one basket. IQD, VND, RUP, ZIM all in the first basket.
Caller:636- Been in this for 5 years, listened to you for over 1.5 years. If all this going on in Iraq is supposed to be nonsense, why is Christine Lagarde going to be on Fox business news in 5 minutes saying the that Iraq thing was going to affect the oil in the US?
T: If it WAS affecting everything, she wouldn’t be going on, if it was going to affect in a negative impact, she wouldn’t even bring it up. Why wouldn’t our own President come on and tell us this, instead of her. (He is implying that if this was really bad in Iraq, she would not be the one to tell us, but our own President.)
T: The IMF, BIS, even the World Bank are all ready to do. Even Iraq was ready previously. At that time, the US was holding it up. And they have their own reasons for holding it up that have to do with the future of our country, so we can’t fight that. We can only fight if some are exchanging and we still don’t get to exchange. Maliki was put in by the US and they are now removing him.
DC: There is a lot of diplomacy going on right now in Iraq.
Caller:239- Suggest that Tony record the call post RV for all to listen to the calls and get the procedures.
T: I agree, still getting more word that it may change, have a different procedure. Until we actually get the package, I can’t really tell you guys what to expect.
DC: I think there is a lot of concentration on making sure this gets done, and we are not in the loop of all of this, and don’t know what they will give us. We very much want to help, but right now we are getting some really strong mixed signals from folks that have different agendas and want us to say this or that, and it’s not very clear right now.
C: Can you notify on the Blast from Tony when the call will be? I don’t have Twitter.
T: Sure we will do that. WE will do the Tony Blast, the Twitter Blast and post it on the other 3 sites, I think. I’ll see as we are signing the agreement how we will work this out.
C: What about the market rate?
T: Whatever rate it came in on, I think the market will push it up for a few days. I can tell you right now. Look at whatever Kuwait’s rate is right now and it will be close to that – and you don’t want to buy when it’s coming down. Kuwait’s went up to about $10.00 and then settled back to about $3.22 or so. As it’s going up, the market rate will probably go up to some extent.
T: We have people in Wash. DC , in Iraq, still giving us info. Even here we have other gov’t agencies supporting us, who have our back. I say thank you to all who have supported us.
C: New Prime Minister?
DC: I won’t mention it, just in case because everyone is so bloody sensitive, but very much a peace maker, has that reputation..
T: There are a lot of happy people there getting this guy.
Caller: Some Gurus out there over the weekend who supposedly have a lot of intel and seem logical. One guru said there won’t be a GCR and Dong will not RV. Such a huge discrepancy and it bothers me. This guy’s initials are BGG.
DC: Not familiar with that person, I am not online. The Dong, etc. – I don’t have that many Asian contacts, but we do have 13 or more banks across the US who don’t know each other and they are all seeing the same thing – on the dinar and the dong – throughout the entire US. It doesn’t take a rocket scientist to figure this out. If the rate goes up on the screen by a few thousand times, then something is changing.
C: What does Iran have to do with Iraq right now?
DC: Little history – Iran has many religious ties and leaders of Shiite and Sunni that cross borders constantly. What is also happening is Iran does not want an unstable Iraq. Iraq wants to play well with its neighbor, kind of awkward when you have a large border connection, They have been supporting bad buys in Iraq for a long long time, part of the issue. There is some trade also going on, Iran wants Iraq to keep things calm, and get along. T: The real issue is Mexico can stand on their side and shoot bullets into Texas. Iran has lots of sanctions by the US. Maliki helped to assist Iran in alleviating these sanctions. Iran took him in, and they will get away with whatever they can get away with. Maliki couldn’t decide what side he wanted to be on. It’s convoluted and you have to be in the moment to know what’s going on with thee 2 countries.
Caller: 636- Did the RI really happen with Maliki to help to get him reelected?
DC: RI happened on April 26th. Went through and really confused the hell out of everybody. Confusion, horse trading, etc. which had it rescinded. It was a pretty good move by the politicians and around the world to get that cancelled – overcome by events, cutting deals and finally one deal was to rescind this because the RV was coming. Then Maliki tried to – in greed – get a little too much – a deal in place and tried to get more – and it backfired on him. 54 times it was stopped. At the very last minute, what happened was some extremely high level diplomacy came in and said make a trade – you don’t pull it off right now, the interim gov’t gets put in place first and then the RV.
It pretty much sounds like to me that we have to wait until July 1st.
T: They have been asking for this date since January and it pretty much is getting to that date. If not, it’s close enough.
Caller:650- T/DC talks about the seating of the new gov’t and it will be announced before June 30th, I think. I know it’s scheduled before then, and I really expect the RV right afterward.
DC: The old gov’t ended 6/14/14. A real issue right now with the distress Iraq is under. What happens: the election results are formally announced. They have the deals cut but it has to be done in a formal fashion. They don’t take very long about 4 hours. All of the horse trading is occurring before that point.
T: The results of the election have been put out today, I am reading it now.
Caller:585- RE: our news coverage. No one has mentioned anything about the election that happened in Iraq.
DC: They are not covering it. Maliki is out and they still refer to him as Prime Minister and in charge.
T: Canada and Europe get more news about our country than we do – because they don’t want us to know about it. It’s always the gov’t who tell us what they think we NEED TO KNOW rather than what we want to know.
DC: It happens a lot, research was not done to get out the correct news.
T: Those who listen to the calls are getting the most up to date news from Iraq, not our news agencies. They are using old news film and footage. Not that there are not some issues there, but they are not taking over the whole country as our news implies.
T:We wanted to come on later to get the right info on what’s going on. What happened Friday and over the weekend, we were really getting excited with the schedule of events put out, but that did not happen. It still looks good, time is on our side.
DC: We understand everyone’s frustration about this last minute thing that hit everyone on the backside. We are getting some extremely conflicting information on our involvement in the post RV process. We don’t know if we will be involved in the process afterwards, It might have changed, or in the process of changing. It’s beyond our control. Those folks in charge of the process – we have to get a clear answer from them what might be expected from us.
Pam: You have heard a lot from us, remember what you have learned, think about it, take some time, don’t be the first mouse. Don’t spend it all at one time.
T: We need time to get our own things done so we fully understand it, esp in this point in time. Let’s do it right. Have a great day and hopefully we can do it all again.
END OF CALL