DINAR GURUS UPDATE – WEDNESDAY, MARCH 2, 2016

Posted on March 2, 2016 by fromthefirstorder

http://dinaresgurus.blogspot.ca/

WEDNESDAY, MARCH 2, 2016

KTFA CC NOTES, 2 MARCH

FrostyTheSnowman: Tuesday Night March 1, 2016

Bite-sized Dessert

HIGHLIGHTS FOLLOWING KTFA TUESDAY NIGHT BIBLE STUDY

01 MARCH 2016

*** The comments made by Frank26, Delta and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice! We offer NO DATE, NO RATE on this forum!!! ***

FRANK26: Please don’t forget the 3 articles that WS posted.

That is what the IMF is saying.

In the future … information / intel / articles … that will come out will continue to be very, very tight.

The Information that the media is putting out is VERY old.

Remember … if it’s in print … it already happened. 😉

The media is using “source files” – (mixing old articles / photos and releasing them as new).

There is a clamp down on info going out from the GOI.

We believe that the media is being “sanctioned” … mainly due to corruption.

Abadi is controlling what is being released – (which is good).

There are too many false stories.

IMO – Abadi clamped down

The whole internet depends on WalkingStick … the man is the best … but it’s even getting harder for him to find things.

WS is going to different places right now … so many sources are “sanctioned.”

Many information doors have shut-down.

Falseness is causing problems if it gets out to the citizens … it’s trying to be controlled.

Maliki decided to run from the protesters. He can’t leave Iraq. He is a cornered rat.

Zabari’s location is “known” and “unknown.” 😉

The 3 Musketeers are good! Follow and study.

The FEDERAL COURT LAW … Mahmout released a portion of the federal court law.

Parliament is going to take it … they have it now … and the next session (next week) – they will deal with it.

If they vote on it … you know all of the ministers that are being let go and running scared? “Who’s your daddy?” LOL! 😉

This law will be used against the ministers. It’s all good for them to reach the goal of becoming international compliant.

Abadi is having a private contractor/company to audit the auctions of the CBI … that just give me chills.

IMO … going into March … as oil goes up … you’ll see that the auctions will get smaller.

IMO – it’s been a chronic introduction to get the LD’s into the banks … and I think they should be getting toward the end of that. Therefore … auctions lower.

Every developing country is E-COMMERCE. That’s where it’s at.

A lot of international standards are in Iraq right now … that is very encouraging.

The word we got out of INDIA yesterday … (it’s just like our cc notes).

All of these “gates” (think horse-races) are getting ready for the IMF requirements.

Did the CBI accomplish everything the IMF required by the 28th of February? IMO … just like hearing the supper-bell ring … dinner is ready … food is cooked … we’re just waiting to be served. Give it a good week before we find out any results. They sure are getting ready for international standards.

The E-COMMERCE CARDS … there are many of them. 😉

That “report” about the DELTA … that WS put together … DELTA translated those from the Arabic website. It’s like a “white-paper” – very analytical report. Please add that to your reading. There is a lot of good stuff in it.

Iraq does things very deliberately.

By the way … we were told … when you see these documents … look for those that reference those documents. 😉 Specifically the three articles.

CC ended in prayer.

KTFA Tuesday Night Conference Call

Approx. 84 minutes long

The first part is Bible Study and the second part is Dinar/Iraq Intel

PLAYBACK # : 641.715.3639 PIN: 156996#

https://www.freeconferencecallhd.com/playback_rudd/?n=OTQCw/uez4V

TNT :Bruce The Big Call 3-1-16 Transcribers mangelo and pinkroses, 2 MARCH

Bruce The Big Call 3-1-16 Transcribers mangelo and pinkroses

m = mangelo and p = pinkroses

m. Bruce call: opening prayer

m. Bruce, everything is rolling good tonight and everything is going well…… the Q & A will be different tonight

m. Bruce, please email us your one question to ministry@thebigcall.net tonight

m. Bruce, Kent would you give us the lesson tonight

p. Bruce call: Bruce: Where are we now? I hope you have sent a question to Kent by email if you have one.

m. Bruce call: is asking everyone if they sent their questions in tonight

p. Bruce: Most of the answers the same, but not offended by questions we have heard again. Sometimes its new to you, sometimes the questions are new to some of the listeners on the call. Info intel wise

p. Bruce: WE are hearing right now we are undergoing a major banking reset around the world that started at noon today. It had to be done before notifications. WE should be tonight tomorrow in that state

m. Bruce call; we are hearing that the banks are going through a major banking reset this afternoon before we could get notifications

p. Bruce: Funds have received available from what I understand to be used now. Understand now others receiving bank wires, funds become liquid. Funds themselves a huge number of bank wires over the 30 to 36 hours from Singapore coming to NY. Also from Singapore to Europe.

p. Bruce: Huge funds in multiple of trillion, have over succeed a ?quadtrillion one to US and one to Europe. The RV themselves, humanitarian funding to go through as a shot gun start for groups, Admiral group, internet group, etc. WE believe it is close

m. Bruce call: Funds have received a quadrillion for the US

p. Bruce: general public done a little bit later, probably couple of weeks. Groups will go first. exchange centers ready, all banks ready, call centers loaded up with people to set your appt.

m. Bruce call: call centers are ready!!!

p. Bruce: when we get 800 numbers for the internet public, not private group, we will post number on the banking tab on thebigcall.net. Just check our website to get 800 number

p. Bruce: it is up to each bank to give 800 number they want people to use. all at once the banks will do so no advantage of another bank.

p. Bruce: whether we get through numbers from other internet site or call, if we able to grab those numbers, we will do that. AS far as Canada also.

m. Bruce call: each bank have their own 800# to give out for the internet groups to put out there

m. Bruce call: this call could have been a celebration call…but we are that close

p. Bruce: I am telling you this call could will have been a celebration call. It is that close. WE are not calling it, but we know the proximity is there. a lot of things in place that weren’t in place. It is a matter of system. Resetting systems.

p. Bruce: what is encouraging is was supposed to go down last weekend. what is happening now alot of money movement go through now, huge amounts. they are playing catch up. That is what is going on right now. WE are looking very good now to receive the notifications in very short order.

m. Bruce; this was supposed to go last weekend and what you are seeing a lot of money, wires being moved around now because they are trying to catch up

p. Bruce: based on all the info who been funded, who exchanged, skrs funded, all in line to be done, a system to do it, a certain process in mind, it is proceeding in a process. BE very very happy where you are with what you have.

m. Bruce; be very, very happy where you are

p. Bruce: Hope you have sent questions to Kent

p. Bruce: I want to thank josef, others in community, others who not want to be named who dont want to be named who have helped us with intel to give us clarity. We try to glean the truth with whatever we receive to give you not only the best info we have but encouragement to hang in there.

m. Bruce: I want to thank Josef, Iko, and many others

p. Bruce: That is what you have done. In Iraq, Iraq cards have been charged and re charged. They been paying alot of back wages and amounts. I dont know if they are caught up yet. They have an intel country rate they are utilizing. It is good they are being paid. Possible announcement from Iraq they are truly international

p. Bruce: we are expecting an announcement from Iraq that the are international, with their bonds,

p. Bruce: Their bonds been sold recently and need a rate to reflect those bonds, this has been last few days. WE are just done to the wire, I think.

m. Bruce: we are expecting an announcement from Iraq that they are international, with their bonds,

p. Bruce: Kent questions you have?

m. Bruce Call: answering the q & a and now Bruce is giving his disclaimer that he is not a professional

p. Bruce call: Bruce: Putting out a disclaimer, not a cpa, attorney, estate planner, I am nobody. But I care about you, if I can bring some info to steer you in the right direction. Just putting some ideas. AFter the RV we will have ones with info you might be interest in. we will have them live and recorded.

p. Bruce: Kent, we are not attorneys, not all those things, just try to give you some help

p. Bruce: Q: Who is funding the dinar and rv? Iraq is funding, their currency is 100 percent gold back.

p. Bruce: A: other currency primarily backed by China. Zim, vnn, and other countries primarily. They have interest in those countries. Alot of the gold back bonds from China are being redeemed. The release of huge amounts of funds backed by gold primarily from China.

p. Bruce call: Q: Is WF group the better way to go?

p. Bruce: I say WF is a good group to be part of, consider using it, Yes.

p. Bruce: Q: If you have any criminal record you cant exchange? A: I dont think they will be looking at you necessarily. The banks themselves may have some criteria about that, If you upstanding citizen, I dont think that will come up as you set up your account. I say if you go in there hat backwards, look you just got out of the joint, that may not fly.

m. Bruce call: Q what’s the hold up, what’s the back wall?

p. Bruce: Q: Is there a backwall? March 3rd look good, what is the hold up? A: Everytime there is backwall it gets pushed back, it is a movable wall. I think they are trying to move things forward, but i know certain dates, cant get into. WE could be, looking at this month very much for everything to be accomplished.

m. Bruce call: we are looking for everything to be done this month

p. Bruce: Q: many saying to purchase Chinese yuan, Canadian dollar? A: Canadian dollar, a likelihood, the Canadian dollar would come up, I say get Financial advisor to get into the Chinese rbd. Seek advice to a professional at time of exchange

m. Bruce; seek the advice of professionals regarding the Chinese Yaun

p. Bruce: Q: devaluation of the US dollar? A: Yes

p. Bruce: Q: other currency to put your money safe? A: there are currently 5 currencies, not bad way to go into, check them out, consult Financial advisor.

p. Bruce: Q: the zim and dong still in baskeet? A: Oh yeah!!!

m. Bruce; should we get a trust before the exchange. A: the banks will help you and it’s okay to get it after you exchange

p. Bruce: Q: trust before or after be okay? A: after be okay, look into that at time of exchange. Those who set up trust ahead of time, a positive thing to do it. Maybe you will have some tax advantage, maybe disadvantage. Personally at time of exchange or immediately following exchange process.

p. Bruce: Q: you suggest we hold onto our currency to negotiate rate? A: I would say advise would be when you discuss your exchange at the bank, have those rates, write those rates down on sheet of paper, make sure those rates are written down on official paper the bank is providing, official document, make sure those rates are agreed on before you hand over your currency for exchange.

p. Bruce: Q: Iran rial legal to hold it? A: In US probably legal, have some selling it, once international. ask, if allowed to exchange, then do so, if not dont bring it out.

p. Bruce: Q: negotiating rates? A: I dont think the 800 call centers will be in position to negotiate rates

p. Bruce: Q: how confident ordinary citizens will be able to exchange dinar? A: Yes, eventually they will be informed and able to exchange, rates the same? no they will not.

p. Bruce: Q: whales exchanged? A: some have gone in, some skr, some received funds, yes mostly gone in, some whales out there waiting for notification.

p. Bruce: Q: negotiating rates? A: some negotiable in range, be informed, some of this info not able to discuss once 800 numbers come out. some people will post what range is, if negotiator ask most high rate available.

P. Bruce: Q: taxes? A: We dont 100 percent know. I would say be prepared for anything.

p. Bruce: Q: 800 numbers posted, will you post rates? A: No, will not post rates. International rates will change. We wont be able to post rates

p. Bruce: Q: no knowledge of banking. A: need banking friend, or a lot of reading online, dont know where to send you to good info. I would say try to get with somebody who been around with this thing for a while who can help you.

p. Bruce: Kent: hire adivsor to go in with you. Bruce: godd advise.

p. Bruce: Q: when you say you need be quiet, who is it? A: some sources we get intel from are well connected, I do know when it is time to lay low and pipe down. I think you know what I mean.

p. Bruce: Q: Since Zim is a bond, should we commit some to humanitarian project for higher rate? A: since it is a bond, once the bank takes it in and used as a bond, we are exchanging it as a currency, you will have a slight ability to ask for a better rate if you have a humanitarian project you are in or plan to get into with. Main thing with employment, helping people in community with jobs, etc.

p. Bruce: A: should get higher rate as a result.

p. Bruce: Q: what percentage to put for humanitarian project? A: It’s been suggested to me you want to tell banking partner to put 50 percent to humanitarian project. Advise I been given. BE willing to put 50 percent or more to HP.

p. Bruce: Q: Suggestion for exchanging. Make list with, make copy, etc. A: there some people who talked about this long time ago. I am not going to monkey with that. Going to exchange center. going to get certain amount of us notes, receipt. You are there between 20 to 40 mins.

p. Bruce; Q: can you bring financial adivsor to exchange? A: Yes, you can at time of exchange. not bad idea if you not understand what is being said. Not bad idea.

p. Bruce: Q: who is in control of giving green light Iraq or China

p. Q: Iraq or China? A: For a long time, we looked to Iraq with their involvement, they are the kingpin, main currency everything else is attached to. They are done. Basic stuff is done, Maliki dealt with, Shabibi is there, that is pass. WE are waiting on China, funds are moving, just waiting for the go

Bruce: Q: Cards paid today? A: heard they receiving back pay at some old rates, not sure. I believe, not positive, some people have received at new rate but not everybody paid at new rate today or not.

p. Bruce: Q: 17 percent tax on CE? A: heard about it, I know some people believe in groups taxes are covered already, heard China paying the taxes, not sure, maybe not the same in every case.

p. Bruce: Q: 90 day nda? A: not heard of 90 day Nda, heard of 10 year nda.

p. Bruce: Q: bring recorder to exchange? A: not, check with attorney first, check wiht bank if you have permission to record. do not go in with recorder secretly, dont even think about it. answer no.

p. Bruce: Q: can you confirm exchange centers being manned as we speak? A: Yes

p. Bruce: Q: any consequences for exchanging one note before we go into exchange at your appt? A: one noters you want money to get a good pair of shoes, clothes, I heard that in the past, if you feel need to do that, you can do that. but before set appt for even for one note.

p. Bruce: Q: can you have cap at more than one bank? A; no cap, not valid question

p. Bruce:Q: will you put up 800 number before you go to the bank? A: it is up to kent, i dont know. not matter either way in our case. Kent? Kent: probably before, take 5 mins.

p. Bruce: As soon as we get them, have access of them, Kent can put them up.

p. Bruce: Q: what if currency paid for by parent and child, can consider as gift to child? A: if a parent and child, if not a minor can affect it, cpa question. if both names on receipt how is it a gift? Kent: that is what i would think. B: question for attorney or cpa

p. Bruce: Q: what is status with iraq and wto, suppose to have until thursday for international rate? A: that is right, March 3rd the date to comply with. the wto is not the make or break with this.

p. Bruce: Q: how much to take at one time, cash? A: You would have ability to take at time of exchange 10,000, some may have ability to take more. my situation maybe 3 or 5 thousand cash. cashier check, can take a large check. deposit cashier check at hometown bank. let bank manager know ahead of time you going to make large deposit. buying property, separate issue. check from new WM, asset manager, they cut check for you.

p. Bruce: Q: any groups received skr have money funded yet? A: not heard, heard it is to come soon, sort of right along with notification

p. Bruce: Q: anywhere we can check to see if I have valid zim note? A: dont know answer, except bank at time of exchange.

p. Bruce: Q: what is the advantage of using WM instead of private financial planner? A: at time of exchange you are initially using the bank for exchange, bank wants to keep customer with funds at their bank. nothing wrong to put money into another acct under another manager, nothing wrong using a trusted 3rd party. In some cases, some are hiring a wealth concierge to help set up structures

p. Bruce: A: to help set up structures, all of that can be done with the help of a wealth advisor, planner. then idea of a family office, referring to a large banks who have services like a concierge services for high wealth clients. I going to look into those family office services with wells, private banks before I look into my own wealth concierge.

p. Bruce: Q: are rates same in Canada as us? A: no, not the same. some currency be close, depends on alot of dinar of the involvement that country made in Iraq war would affect the rate.

p. Bruce: Q: is the contract rate the same as Canada and us? A: no

p. Bruce: Q: if the dong at $2 …..A: the variation of the rates at setting process, you can come up with some kind of adjustment, formula based on the value of the Canadian dollar to usd. I would say your Canadian rate be bit low

p. Bruce: Q: download more music of Josef? A: let’s play another one of his at end of call. He is a good friend, song writer, we plan to be involved with.

P. Bruce: Q: if I gifted a ten trillion zim note, will they have a problem of exchanging? A: if they use a major tier one bank, no problem

p. Bruce: Q: better to exchange all the zim to get better rate, or gift zim ahead of time? A: the zim has such a great value, only thing if you were to gift the zim before rate show live, what you can do is let them know what you anticipate value be, higher gift, if they understand the concept the idea of exchanging it. to the right people they have a better with all to understand this concept, good idea to gift it. You can gift one zim note they be set for life in some cases.

p. Bruce: Q: if they purchased zim this month able to exchange it? A: if zim still available, yes able to exchange it. something about 30 day period to exchange it. (sorry missed what he said)

p. Bruce: Q: would the attorney help you negotiate higher rate for HP if you already have a US and foreign trust set up? A: attorney could be there to help you to negotiate, not sure question

p. Bruce: Q: is still proper time to buy more? A: personal question, up to you

p. Bruce: Q: some saying no 800 numbers, iko just said it yesterday A: Iko maybe right, he is right about alot of stuff. we are going to find out if anyone gets them. they may surface online and giving to someone who doesnt have a call, you know who that is.

p. Bruce: IF that is the case, we will try to give 800 number for each bank to utilize

p. Bruce: end of question

p. Bruce: thank you Josef for suggesting this today. excited about position we are in. alot of things are happening. I told you quite a bit that is going on out there. In a great place, just waiting for notification to occur. if 800 number not available, we will figure it out, and put it on our site under banking when they are available.

p. Bruce: You have time, money going to have alot of, health, get healthy. WE love you on the big call if no one else does, we do. Kent closing call out

TUESDAY, MARCH 1, 2016

Revaluation of Iraqi Dinar is the Center of Latest Iraq News, 1 MARCH

The infrastructure of Iraq is badly affected by the invasion of US armed forces in 2003. Everything was destroyed because of surgical attacks made by US Army and its alliance. Since then the country is the center of sad news. We hear bad news of killing and bomb blast on almost every day. Moreover the ISISI has become oneof the worst terrorist organizations operating in Iraq against the government. Iraq is facing heavy lossesbecause of these attacks on the government machinery and they are therefore the center of latest Iraq news.

CURRENT ECONOMIC CONDITIONS

Along with all those critical situations in the country the economic condition of Iraq is improving with the every passing day. Some massive investments have been seen for the last 6 years in the country. The Iraq is now free from international sanctions imposed by United Nation. After free from chapter 7 sanctions 7, Iraq has authority to do any kind of business with the any other country. Oil is the backbone of Iraq economy. Now the country is free to sign any contract with the any other country to search or export their crude oil anywhere in the world. Large number of oil exploring companies is operating in the country in the different areas to find the new oil fields.

SPECIAL AUTHORITIES TO GOVERNOR TO SIGN ANY CONTRACT

There was a time when making investment in Iraq was more than a tough job. You had to fulfill too many requirements and legal formalities to open a new business in the country. But now the situation is completely different. The government of Iraq has given special authorities to the governor of the province to sign any oil and other business contracts without prior permission of the government. All of these soft conditions are to ensure the foreign investment in the country. These special authorities have attracted many of the international investors to the country to make heavy investments in different sectors of the country. The cottage industry of Iraq is also improving with the heavy investments in the domestic industry of Iraq. This is one of the biggest point and addition in the latest Iraq news that cottage industry of the country is also improving very fast.

REVALUATION OF IRAQI DINAR

People have made heavy investments in the Iraqi dinar with the expectations that it will be revalued in the near future and they will be billionaire. The investors in Iraqi dinar include not only common people but the retired army officers of Iraq war. They believe that Iraqi dinar will be revalued in the next few years and they will earn more than anyone else in the world. The best example of Iraqi dinar revaluationis the Kuwaiti Dinar revaluation that occurred in 1990 and people who invested in the Kuwaiti dinar became billionaire over night. Many of the international banks are also interested in Iraqi dinar purchase and they are the big investors of Iraqi dinar as well. The Noor Al Maliki administration was major hurdle in the revaluation of Iraqi dinar because of dispute with Kurdistan.

Kurdistan has major role in the revaluation of Iraqi dinar and its resolution to pass. The supreme leader of Iraq has taken action against Noor Al Maliki and the government was dissolved. Now new administration is now in the power and they are taking initial steps to complete revaluation process. This can be very big and latest Iraq news. People are waiting for the completion of this procedure for revaluation of Iraqi dinar in next few months. The dinar gurus believe that revaluation of Iraqi dinar will surely occur at the end of 2016. We must have to wait if we have some dinar to be billionaire in the next few months. LINK

WSOMN CHAT UPDATE, 1 MARCH

WSOMN (Western States Open Minded Network)

Numan: ZAP says another 48-72 hours for funds to hit their account. Bankers was holding out till end of month for their own gain….. Until bankers closed out for February.

Snickers: So zap is saying another 2-3 days. We’ll see.

Wiz: ZAP’s funding release is separate from- yet, imo, connected to, the GCR. His timeline does not necessarily equate to ours. But personally, I’m looking at his receipt of funds as a harbinger for us all. To date, he’s been ‘expecting’ them for over 2 weeks now since he stated the Trust released the funds.

************

Catalina: Let’s recap what we do know or have heard from our Intel sources: (1) WTO deadline Thurs (2) Chinese and other bonds moving in Asia, Switzerland, etc. (3) Humanitarian funding promised today, tonight (3) Bank meetings schedule today (4) hyper activity seen at several bank locations (5) Tariff law may go into effect Wednesday. Am I missing anything?

Sabickford: Catalina, China reduced the value of the yuan this morning too

Catalina: sabickford: That is very interesting when a statement came out out of the G-20 that the yuan would be stable and not DEVALUE. Someone is not happy…

Scotchie: Catalina, I think the tariffs have started, look at this….”Customs fiscal revenue doubled after the application of the tariff latest news The Director General of the General Administration of Customs professor Kazem Ali Abdullah income earned from the border outlets doubled after the application of customs tariff law

Catalina: scotchie…that is icing on the cake…wouldn’t you agree? Tony and DC were always looking for tariffs to get the RV party started…

Kaper: Frank saying maliki is on the run, went back to his home town and his goons in goi resigned on sat because federal court act past which is part of amnesty law

TNT :MCA’s…… Which is CORRECT? By LeadRam, 1 MARCH

TNT :

LeadRam said

07:34 PM Dec 29, 2013

Need some clarification on this as others may benefit as well. Thank YOU in advance.

I understand that there are TWO similar…yet HIGHLY different MCA’s that all should be aware of…and may want to know the benefit of using the best one for the CE.
MULTIPLE Currency Acct. and, MULTI-Currency Acct.

WHICH allows you to put the already ForEx currencies….VNN and others…without mixing with bad, unexpected results?
I understand it to be the “MULTI” (per some of the kind tutorings of RAJAF). WHAT IS ITS FULLEST OR BEST APPLICATION?

Which then brings up the “MULTIPLE” variety. Sounds so similar…yet has a whole unique application that we really do not want?
I think that I desire to put part of my 25% into the “MULTI” and be able to do ForEx and/or do other exchanges for possibly Canadian dollars but will have the flexibility for others, too.
Is this correct and what could be the cautions/precautions as others have not talked this at least on this board. thx…

docjohn99 said

07:41 PM Dec 29, 2013

To be ABSOLUTELY SAFE, I would only exchange your IQD/IQN as a single CURRENCY and avoid the MCA choices right now.

Then at your future Wealth Manager Appt. inquire where to go from there.

C’est La Vie. K.I.S.S.

kauaihn said

07:50 PM Dec 29, 2013

docjohn99 wrote:

To be ABSOLUTELY SAFE, I would only exchange your IQD/IQN as a single CURRENCY and avoid the MCA choices right now.

Then at your future Wealth Manager Appt. inquire where to go from there.

C’est La Vie. K.I.S.S.

I agree

theGraceMan said

08:34 PM Dec 29, 2013

Here’s a link to some useful info describing the differences:
www.isla-offshore.com/offshore-banking/multi-currency-bank-account/

Seems like converting the CE’d IQN to USD funds then convert again into a new currency would
invalidate the so-called asset backing of your deposits and create a potential tax consequence;
unless the target currency is asset backed . . . who knows?
. . . . . . . . since we have nothing verifiable wrt these tax changes and the tax advantages
of IQN exchanged to USD funds nor the asset backing of the CE’d IQN to USD funds in a NIB,
we are in uncharted waters.

One reason to utilize the MCA or Multiple CA’s is to get your new USD out of USD preparing for the USD
devaluation which comes with the GCR. Although, if you have kept the IQN -> USD in a NIB, then you
are not supposed to take the hit as you have asset backed instead of fiat USD. The rationale behind the
NIB and separating IQN proceeds from all other currency proceeds is to avoid commingling asset-backed vs fiat currencies.
Since I just don’t have any real intel on this, I will go with a MCA and get my funds out of USD.
Even the lame stream media is showing enough information that you can tell the USD value will be
dropping as our petro-dollar bites the dust.

My question is, if you convert IQN to USD then convert to AUD or CAD or other
in a multi-currency, I would think your asset backing benefit is lost when you convert to the non-USD currency.
However, if you pick your new currency correctly, it will increase in value against the
devaluing USD and you will have accomplished one of the goals (protection against the USD devaluation),
just not sure if we lose tax benefits if we convert to a new safer currency.

I’m sorry I can’t resolve all these questions based on the available information.

Hope this helps and does not confuse.

RAJAF said

09:42 PM Dec 29, 2013

I plan on purchasing gold ( PAMP Minted Gold Ingots ) and hard currency cash from Sterling of the following currencies:
*Vietnamese Dong *Chinese Yuan *Hong Kong Dollar *British Pound *Canadian Dollar *Singapore Dollar *Brazilian Real *Australian Dollar *Swiss Franc

as the US dollar is expected to be devalued one wants to get their funds secured into assets… even putting money into Canadian dollar is good because their currency is going to increase.

Later will establish a multi-currency account with the above currencies and tax-deferred muni bonds.

theGraceMan said

06:30 PM Dec 30, 2013

RAJAF wrote:

I plan on purchasing gold ( PAMP Minted Gold Ingots ) and hard currency cash from Sterling of the following currencies:
*Vietnamese Dong *Chinese Yuan *Hong Kong Dollar *British Pound *Canadian Dollar *Singapore Dollar *Brazilian Real *Australian Dollar *Swiss Franc

as the US dollar is expected to be devalued one wants to get their funds secured into assets… even putting money into Canadian dollar is good because their currency is going to increase.

Later will establish a multi-currency account with the above currencies and tax-deferred muni bonds.

I like this plan

DAR said

07:10 PM Dec 30, 2013

As always, sound planning RAJAF…thank you!

LeadRam said

09:33 AM Feb 29, 2016

Revisiting some good old info… am Bumping due to RAJAF’s reply.
NOTE: TO MY KNOWLEDGE RAJAF DELETED HERSELF….and was NOT BANNED. I submit to MODS as always to correct me on this should I be wrong. Thx.
(BTW: I am totally settled in the area and difference of MCA’s….and just wish others to be able to benefit from her great advice. 🙂 )
She was such a treasure…. suggest you enter her name RAJAF….in the Search box up in the center and go to her Topics started to glean from her wide and varied bus. experience. [Great recipes, too!] Consider it for either your first time exposure to these areas OR as back-up knowledge for your strategy(ies) as to what you may have planned up till now. Add IRR to this early info should you like.
IF she helps you with those …although tedious and time-consuming, you could look for her Replies to other member’s Posts/discussions. Her acumen on some many areas was stellar!
Lemmeknow if it helped… only as it keeps it more noticeable for others to find when you give any kind of Reply.
Smiles to U.
LR

AmazingLaMont said

11:03 AM Mar 1, 2016

As an individual, you will probably not be permitted to open either of these types of accounts. The information that I received from a tier 1 bank was that these accounts are limited to international corporations with operations in multiple countries; the bank will not open one of these accounts for individuals or domestic corporations.

This entry was posted in RV GCR Currency Reset. Bookmark the permalink.