CONFERENCE CALL ARCHIVE

TNT : 

elmerf123456 wrote China shares halted for 15 minutes after CSI 300 tumbles more than 5% Folks….if you’ve been following what’s been told, you are seeing the reality now.! We have arrived. 

elmerf123456 wrote You’ve been taught for a long time now. I won’t repeat or cast any doom theories etc. if you know…you know! The system changes we’ve mentioned are all ever revealing. You with currency have the ticket you need to change your life and help many! To be prepared isn’t to be scared. Your special and will see all that’s been said reveal and I mean within reach. God Bless You!
   
elmerf123456 wrote They (China) closed the market down now. Checkmate. Their market just opened folks. They shut it down to the declines. Major Big News.
 their market opened at 8pm est. they China closed it due to 5% loss at the gate and blamed it on a circuit breaker. We know better.
All you have to understand is that this is Global and your hopes and dreams have stepped closer to major reality.
     
elmerf123456 wrote In the long run my friends all you have to know and understand is are you holding currency and have you paid attention. No one gets left behind and you know more than you think you do. It’s about to get real.      
   
elmerf123456 wrote IMO there is no more long run. How’s that?     
   
danblessed wrote Someone’s going to probably roll their eyes at me but how does. China’s currency devaluing help us? I’m paying attention this time I promise  
   
elmerf123456 wrote danblessed. Simple. .china has applied this pressure to force what they have always wanted. A gold/asset backed currency.
     
elmerf123456 wrote IMO we see fiat first then asset backed shortly after. Just saying this is global and change will come. Count on it. The currency system that we’ve known for over 35 years now will change. There is no more liquidity and it’s showing its ugly head and obvious the fed rate hike didn’t solve anything. Period. The system is broken.
     
lovely2 wrote elmer do u think the us will go into a depression?     
    elmerf123456 wrote Lovely no. But a period of hyper inflation for sure.

JerseyBoysFaninMN wrote Elmer…. when you exchange…. are you going to purchase a bunch of Chinese Yuan with your proceeds?
      elmerf123456 wrote Jersey that’s my plan If and only if it’s still fiat after RV. My bet is Yuan and Swiss frank
     
elmerf123456 wrote One thing left to say…..be happy and Smile! God bless the Believers and soon to be Receivers.
     
JerseyBoysFaninMN wrote I heard that if the rates are really high it’s FIAT; if the numbers are low… it’s asset-backed.
(I HEARD THE SAME JERSEY)

MTmann wrote Received a text from a friend who is part of Admirals Group. They said they are on high alert to come to Reno to exchange. As far as I know, its the first time they’re on HIGH alert.

GreatlyBlessed wrote Chinese markets shut down again in the midst of a sell-off! Breaking news on Bloomberg
     
GreatlyBlessed wrote CNBC. The shortest trading day. China within this hour they are forced to pull the circuit breakers again to shut it down! Second time this week. After thirty minutes of trading. Chinese markets close after circuit breaker triggered.

BrocollySaurus wrote Shanghai SE Composite Index China -245.96 -7.32% 3,115.89 9:22pm ET
   
BrocollySaurus wrote Here we go again. World markets summary by CNN: “Asian markets are lower today as Chinese and Hong Kong shares fall. The Shanghai Composite is off 7.32% while the Hang Seng is down 2.51%. The Nikkei 225 is not trading.” “European markets finished broadly lower today with shares in France leading the region. The CAC 40 is down 1.26% while London’s FTSE 100 is off 1.05% and Germany’s DAX is lower by 0.93%.” “North and South American markets finished broadly lower today with shares in Brazil leading the region. The Bovespa is down 1.52% while U.S.’s S&P 500 is off 1.31% and Mexico’s IPC is lower by 0.83%.”

Stevel:     Buck, first of all thank you for posting this article and you never ever should feel bad about posting news regardless of its content and meaning. This goes for all of you as long as it pertains to our investment.
 
Let me try and shed some more light on this article.
 
A few days ago one of our members “the assessor” posted this article: Zebari is likely not possible distribution of salaries in April
 
I have been talking to some of my contacts and so has Ray. All of us including our contacts are saying that Iraq has a dismal future under the current conditions. In order to change the value of their currency for the better, there has to be many laws in place.
 
All of the work in the “Monetary Reform Policies” are meaningless with the obvious. No country, or outside companies will come into Iraq and invest to help them develop their economy under the current circumstances. Matter fact, many have pulled out until major changes are made.
 
All of your replies are very good and are appreciated. You must keep an open mind here. I did talk to Ray last night and he confirmed the very same thing my guys are telling me, nothing will happen until this country is secure. Mosul is, according our sources, the the last major hurdle.
 
Because it is so close to the Syrian border that once that city is back in Iraqi control, then and only then will they attempt to close the border and activate a change in value.
 
Also, Iraq has been pushing to not use the dollar and wants their people to use only their currency. So, lets go make the dollar more valuable? What? Really? This makes no sense at all!
 
Just think about this, would it be fair for the county to change value of its currency when a major city cannot be included? I do not think so. Just will not happen.
 
Another factor, Mosul being in the Kurdistan region, do you really think Kurdistan whom is a major player in this would let the rest of the country move forward? Probably not, you decide.
 
I hope this helps you have a better understanding of what is going on and all of the articles coming out of Iraq. I do like to read the articles but do not put a lot of weight into them on how it will effect my day or attitude about this investment. I am here to the end with all the rest of you members.
 
Remember my motto: Look back and be grateful; look ahead and be hopeful; look up and be blessed.    Blessings,   Steve

Songbird, said:     Just a reminder of why we are here invested in pretty 000 notes:
  Future of Iraq    New State Department Releases on the “Future of Iraq” Project

http://nsarchive.gwu.edu/NSAEBB/NSAEBB198/
Stevel:    Excellent!!!!!!!!!!!!!!!

Parliamentary finance: finance ministries will receive allocations after budg…Thread
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buck72801 said:   Sooo if after the budget is recorded and the money is distributed is it still gonna be at 1182 etc
 
Stevel:     Yes. Until the country is secure, life goes on.

Parliamentary finance: finance ministries will receive allocations after budg…Thread

Analigizer Bunny said: Im almost afraid to ask, but I can’t be the only one who wants to know. 
 
What happened to “the rate is in the budget” fact that we’ve been hearing for years?
 
Wouldn’t the rate have to remain 1182 for the whole year of 2016 until a new budget is passed?
 
Are there any new confirmations ?
 
Stevel:    Why the negative on my comment? Sorry you did not appreciate the actual facts.
Where did you get this information? The rate has never been in the budget as a fixed number but rather factored into it. Please do not listen to all the garbage you are reading.  Thanks in advance.
 
Analigizer Bunny said:  Sorry, I wasn’t trying plus or neg you. It was an accident while scrolling down on my phone. I didn’t notice.
 
  This gets very confusing Steve, when you talk about actual facts and don’t listen to the garbage.
 
 You posted a picture of the budget a few years ago with $3.42 as the rate. So the answer to that question is, On PD , the only dinar site I have been on.  So how could they have factored in $3.42 back then without an RV?
 
Stevel:     If I had the rest of the day and evening I would be more than happy to review and explain what has changed from the past to present. I promise to find some time in the next few months to explain. Have a safe one.
 
Parliamentary finance: finance ministries will receive allocations after budg… Thread

Wasco said:     Steve, you spoke before about Iraq needing to secure Mosul, before there will be any opportunity for an increase in value to the Dinar.  When both you, and Ray spoke to your friends and contacts in Iraq, was there any mention of a possible time table when Abadi was hoping to have Iraq secure (the taking of Mosul, Fallujah, etc.) ?  Thanks in advance for taking my question…………..
 
Stevel:    No time table set in stone. I would imagine as quickly as possible. Iraq does not what this anymore than we want it.
 
vinman33 said:   Analigizer Bunny said: You posted a picture of the budget a few year ago with $3.42 as the rate. So the answer to that question is, On PD , the only dinar site have been on.  So how could they have factored in $3.42 back then without an RV?
 
Vinman33:    That’s a good question, and I will humbly try to answer that, again, not speaking for Steve. I didn’t see a picture of the budget with $3.42 printed in it so it may well have happened before my time or I just missed it. This is a long answer but I’ll try to be brief.
 
The value and exchange rate of a country’s currency is determined by several factors and I won’t bore anyone with the details other than to say that once the “value” of a country’s economy  is determined (including GDP (Gross Domestic Product, which for Iraq right now is almost exclusively oil), projected growth, comparisons to other countries, notes outstanding etc.), then that’s what it is. 

 
That’s why in the past it could’ve said (for example) the budget was “90 Trillion dinars ($77.19B)” where the value  is given in dinars and then also reported in USD (divide 90T by 1166 (which was the exchange rate) to get the value in USD).
 
 Because of Iraq’s situation and having an exchange rate imposed on them, and because their currency is not recognizeable and tradeable with other countries, they had to first figure their budget in dollars – an internationally recognized and tradeable currency (as well as the fact that the USD is a RESERVE currency), then convert it back to dinars.
 
If Iraq were to increase the exchange rate and have their currency become internationally recognized, the reported numbers could go down dramatically. For example, if the exchange rate to the USD was changed to .33, that means that 1 dollar is worth .33 dinars, or conversely, that 1 dinar would be worth 3 USD.
 
Doing the same math above, then each 3 dollars would equal 1 dinar. Therefore, $77.19B USD, divided by 3 is 25.73B IQD. WAAAY down from 90T.  And all the math is completed (and budget figures updated) by changing the exchange rate in the spreadsheet. Bingo, done.
 
That’s the easy part.  The hard part is determining the exchange rate, which is based on the several factors that go into that process, some of which I noted above.
 Good question AB!   More Tylenol and Popcorn!   😀    (opposing opinions always welcome!)
 
Stevel:     Excellent job again Sir. You actually said it much better than I would have. Thanks

whitehatsauxiliaries says:

We can only imagine. The real facts, the real plans, the real outcomes are not going to be discussed in broad specific details, of course. But, since I am pre-disposed to matriculate my feelings on the more liberal side of a contrarian disposition,

I am going to step out on a limb and guess that many of the end results will be of a nature that none of us would have guessed.

Of course, the general idea is known insofar as the financial aspects that we can anticipate – TRN, metals backed system of trade, etc. But the offshoots along technological lines and disclosures of perhaps shocking information is something I don’t think we will be ready for.

On the day that the Wright Brothers flew, many could not believe it. But, it had transformed our world nonetheless. I am of the opinion that many won’t believe what may be disclosed in the future, but it will transform the culture anyway.

Yes, by all means. Plan to hold your ground at all costs. The Russians had a saying at Stalingrad. Ни шагу назад! Ni shagu nazad! (Not one step back!)

I truly hope there will be some benefit to the mass speculation in the dong and other currencies that many have hoped for. We will certainly find out and we are fortunate to have a most advantageous position to receive solid notice on that front should it occur. All we can do is wait, prepare and stay busy.

    I think if you go in and say I need help with Trusts, Charitable Foundational Planning etc., it sounds like you already know what you need.    I would be more “coy” at this point you are in a “dance” you are trying to get to know them it is a “dating” process and I think you need to remain somewhat of a mystery.   I am  firm believer in not showing my whole hand.   

    Sort of like practicing law – you never want to draw out the sword if you can rattle it a little so folks know it is there that is better.  Same thing here – and I think it gives the Wealth manager a more sophisticated look of who you are.  You are not being pretentious.  it is like a negotiation, you want to give as little away as possible and there is an old rule in negotiation, “first one talks loses”. So be polite, courteous, be mysterious.   As wise as a serpent and as harmless as a dove.  Don’t tell everything you know.   Hold back. 
As always with kindest warmest regards,
Mother, Esq.