Okie & CathyK916
Fri, Apr 6, 2012
Subject: Dinar Easter Joy – Only Inches Away
WE HAVE BEEN TOLD NUMEROUS TIMES THAT THE R/V WOULD ONLY OCCUR WHEN ALL THE BANKS ARE EITHER CLOSED OR ALL THE BANKS ARE OPEN. —THAT IS TRUE — WE AS AMERICANS HAVE ALWAYS CONSIDERED THAT IT WOULD APPLY ONLY TO THE USA.— THAT WAS A MISNOMER. THIS CAN ONLY OCCUR WHEN ALL WORLD BANKS ARE CLOSED. ALL BANKS WORLD WIDE ARE ONLY CLOSED BETWEEN 6 PM ON SATURDAY'S THRU 5 PM ON SUNDAYS. I HAVE JUST RECEIVED WORD FROM ONE OF THE INDIVIDUALS THAT ACTUALLY CAUSED AND IS CAUSING THIS EVENT TO OCCUR. THE R/V WILL HAPPEN BETWEEN SATURDAY NIGHT AND SUNDAY AFTERNOON. HE STATED THAT IT WOULD BE ACTIVE MONDAY MORNING AT THE BANKS WITH THE CAVEAT THAT I SHOULD INCLUDE TUESDAY MORNING FOR MY SELF PROTECTION PURPOSE. THE RATE AT MINIMUM (MINIMUM–MINIMUM–MINIMUM) WELL BE AT LEAST $5.25. SO THERE IT IS STRAIGHT FROM THE INITIATING SOURCE THAT WAS INVOLVED YESTERDAY AFTERNOON AT 3 PM E.S.T. WHEN THE ACTIVATION PROCESS OCCURRED.— SO LET'S CELEBRATE EASTER FOR 2 REASON'S AND RELAX AND FORGET ABOUT THE INFORMATION REGARDING THE HAWAII BANKS TODAY.
Buy 1 gram of gold every month – for safekeeping. See www.KaratBarsIntro.com
Subject: LATEST update;; more rv news 4/5/2012 midnight
[23:27:40] CathyK916: Okie—I understand this as follows: Button was pushed at 3:30pm today , the rate is $5.25 as confirmed last night but will not show til tomorrow when banks in Hawaii are open. And when the rate shows, we will be able to go to banks? Is this the bottom line?
Apr 5 10:39 PM [BWM] MY UNDERSTANDING HOW "EAST TO WEST" WILL WORK IS THAT IT WILL BE BASED ON THE OPENING HOURS OF BANKS AND SUCH… IN OTHER WORDS, WE EXPECT IT TO OFFER EVERYONE THE SAME CHANCE TO CASH IN BASED ON WHAT TIME OF DAY IT IS WHERE YOU LIVE…
pr 5 10:43 PM [BWM] I BELIEVE THAT GENERALS GROUP WILL EMAIL INFORMATION.. JONNY'S IS EXPECTED TO BE POSTED IN THE FORUM… PLEASE UNDERSTAND, THE PACKAGES ARE FIRST AND FOREMOST MARKS FOR YOU TO NEGOTIATE FROM… THIS MAY OR MAY NOT BE THE END ALL RATE YOU CAN GET FROM YOUR PERSONAL BANKER…
Apr 5 10:43 PM [happylife] Will all branches of Big 4 be able to cash us out or we have to travel to a major city?
Apr 5 10:44 PM [BWM] I WOULD EXPECT FROM MY CONVERSATIONS WITH BANKS THAT BASED ON LOCATION, SECURITY, VOLUME AND STAFF BANKS WILL DETERMINE WHICH BRANCHES WILL BE HANDLING CASHOUTS…
Apr 5 10:45 PM [BWM] BANKS ARE READY… MAYBE NOT THE CORNER BANK IN YOUR SMALL TOWN BUT I WON'T BE GOING THERE ANYWAY SINCE THEY PROBABLY WON'T HANDLE MY DINAR IN HOUSE ANYWAY
0:50 PM [BWM] I'D REALLY RATHER NOT GET INTO THE GROUPS… BUT, I WILL SAY THIS AND I'M NOT POINTING OUT ANY GROUP JUST THE GENERALITIES OF CONCERN… KNOW THE LEADERSHIP, AND WHAT YOU THINK YOU EXPECT FROM THEM.. SEE THE DOCUMENTATION THAT SHOWS WHAT THE RATE IS FROM THE BANK… DON'T TAKE SOMEONE'S WORD ON WHAT THEY TELL YOU THE RATE (IN OTHER WORDS, DON'T LET YOUR LEADER TELL YOU IT'S .50 CENTS OVER MARKET RATE AND THEY ARE ACTUALLY GETTING $1) REMEMBER THIS IS YOUR MONEY… TREAT IT AS SUCH.. TAKE FULL RESPONSIBILITY FOR THE OUTCOME OF YOUR CASHINS
0:50 PM [..tigger1] BWM do you think the the front screen are seeing pending and that the rate will be double digits tomorrow afternoon about 1:00 CST
10:50 PM [BWM] NO..
10:51 PM [BWM] I DON'T BELIEVE IN DOUBLE DIGIT NUMBERS… NOT COUNTING ON IT…
10:51 PM [pyka] what do you suppose will be the protocol in regard to dealing with the banks (tellers, private banker, etc…) walk in, make appt? thanks and welcome back
10:52 PM [BWM] IT DEPENDS ON YOUR RELATIONSHIP WITH YOUR BANK (IF YOU ALREADY HAVE ONE) OTHERWISE, GROUPS MAY HAVE SOME PRIORITY DEPENDING ON LOCATIONS…
10:53 PM [goji] For those with reserves, any updates on a possible DB to WF direct exchange/deposit arrangement? Ty.
10:53 PM [BWM] NOTHING CAN CONFIRM AT THIS MOMENT…
10:53 PM [twisted1967] bwm …… could you advise on a canadian bank to cash in????
10:54 PM [BWM] JONNY HAS SAID NONE WERE NEGOTIATING… BUT I WOULD SEE HIM ONCE THIS HAPPENS AND THINK THAT THE BANKS WILL CHANGE THEIR MIND… HOPEFULLY THE ROYAL BANK
10:54 PM [dinardoc] BWM Corrected question: Plz just tell us everything you know about this final chapter on the RV. My knowledge of nuclear physics is quite limited, but when it comes to the value of the IQD, I'm all ears… lol
10:54 PM [BWM] IT WOULD COME OUT AS SOME CLOUDY RIDDLE LIKE SOME OTHER SITE SO TO AVOID THAT… JUST HANG TIGHT… WE WON'T LEAVE YOU BEHIND
10:55 PM [shalala] BWM I'm not sure I understood your response to East to West. If East has to wait till HI opens, East will only get about 2 hours to cash out and HI will get all day. Is that how it works, or will it happen at bank open for everyone so they all have the same # hours in a day to cash out? Thanks!
10:56 PM [BWM] MOST EXPECTATIONS ARE US BANKS ALL OPEN OR CLOSED… BUT THAT COULD CHANGE BASED ON OTHER INFORMATION THAT I CAN'T GET INTO AT THIS TIME… IF IT HAPPENS, YOU'LL HAVE TIME TO GET TO THE BANK
10:56 PM [thudz] Recently we were told once the rate goes "live" at the bank we would most likely need to setup an appt to cashin and the appts would be based on amt of Dinar held. Although, during the moderated chat with the Banker he explained it would be first come first serve. Which scenerio is most likely?
10:57 PM [BWM] THAT'S TWO DIFFERENT SCENARIOS… WHILE I THINK BANKS WOULD MOST LIKELY BE PRONE TO LARGER DINAR HOLDERS… DEALERS WILL DEAL WITH FIRST COME FIRST SERVE IMO
OKIEOILMAN: DONG RATE IS EXCELLANT
0:57 PM [hummingbirdrose] If I can do a follow-up question, did this new wealth perspective shift your cash-in and post RV plans? If so, anything you could share with us?
10:59 PM [BWM] YES.. I HAVE HAD SEVERAL PLANS OF CASHIN ATTACK… MOST THINGS ARE BASED ON THE RATE AT THIS TIME… I HAVE A LOW(ER), MEDIUM AND HIGH PLAN… EACH BASED ON PERSONAL AGENDAS FIRST, THE ADDITIONAL BUSINESSES AND CHARITIES, AND THE OH MY GOODNESS LOOK AT ALL THE AMAZING THINGS THAT CAN BE ACCOMPLISHED
10:59 PM [misskitty] BWM – will both the UST rate and the bank rate be published once the RV is made public?
11:00 PM [BWM] BANK RATE FOR SURE… UST WILL NOT BE SOMETHING YOU ARE PRIVY TO… BUT WE WILL BE ABLE TO GUESSTIMATE
11:00 PM [$ay_its_over] Is Jonny on his way to Texas?
11:00 PM [BWM] NOPE
11:01 PM [OREGONPUDDLES] BWM with the postponement of the Conference and what appears to be Political bickering, do you really think it's likely that we will see the RV before summer. I am thinking late summer. I know you don't do dates but what's your general thoughts.
11:02 PM [BWM] CONFERENCE WAS NOT POSTPONED… IT WENT WELL… PERIOD
11:02 PM [johnnyutah] First off I want to thank you for the way you approach this RV. Are you surprised it has gone this long and would you be surprised if it went into 2013?
11:04 PM [BWM] YES, SOMEWHAT SURPRISED BUT MORE INFORMATION COMES EACH DAY TO PROVES THE LONGER THIS TAKES THE MORE ISSUES THAT CONTINUE TO BE ADDED… I HAVE BEEN TOLD (FOR WHAT IT'S WORTH) A DATE THAT IT CANNOT GO PAST AND IT'S NOT IN 2013…
11:04 PM [olesailor] It appears that there is a window when US and Iraqi banks will be closed at the same time during our early morning hours. so if it rv's at 1am est are we likely to get bank package info during the night?
11:05 PM [BWM] BANK PACKAGES WILL BE AVAILABLE WITHIN 24 HOURS OF RV… A LOT WILL DEPEND ON TIME OF DAY AND WHEN THEY CAN RELEASE THEM
11:06 PM [sherrymio] B-dub-M, May I ask what the reasoning is behind not using DinarBanker or DinarTrade for cash-in??? Before a couple of weeks ago, this didn't seem to be an issue. Does it have to do with where the dinar notes end up? I assume if cash-in at a bank, the notes go to our Federal reserve, but if we cash
11:07 PM [BWM] BANKS GET DINAR TO UST… WHICH IS THE PREFERRED 'AMERICAN WAY'… BUT HONESTLY, THE BANKS 'MAY' BE ABLE TO GIVE YOU A MUCH BETTER RATE… WE'LL HAVE TO SEE ONCE THE RATE SHOWS
11:08 PM [herenow] Do you believe, as the oilman from Oklahoma does, that the RV release button was pushed today at 3:30?
11:08 PM [BWM] NOPE.. WRONG AGAIN
Brave New Bank? BRICS moot dropping dollar, IMF
This is a telling summary when you get further into the video one of the Professors from a India University tells how the BRICS nations no longer see the IMF and WORLD BANK as a central base for power. BRICS is creating their OWN BRICS WORLD BANK. FEDS ARE OUT!
11:12 PM [BWM] WHEN THE "BUTTON" IS PUSHED IT WILL BE INSTANTANEOUS… FROM WHAT I HAVE BEEN TOLD IT WILL BE WORLDWIDE WITHIN SECONDS… EVERYWHERE, EVERY BANK, EVERY WHERE!!!
11:15 PM [BWM] THERE SHOULDN'T BE… I KNOW THAT JONNY WILL RECEIVE NOTHING AS COMPENSATION… THE PACKAGES HE HAS PUT TOGETHER ARE TRANSPARENT TO THE BANKS, IN OTHER WORDS YOU WILL DEAL WITH THE BANKS, NOT A GO BETWEEN OR NEGOTIATOR… YOU HAVE A PRE-NEGOTIATED RATE TO START WITH.. WHAT YOU DO WITH THAT IS UP TO YOU… I CANNOT AND WILL NOT ADDRESS OTHER PACKAGES BECAUSE I HAVE NO INFORMATION ON THEM… DO YOUR HOMEWORK
Please, read and print a copy of the "bank policies required" and have a copy for every bank that you will be handling your "asset" backed currency — as I have stated for 40 years: "We have to choices, become educated on what is "money" or go "broke" — the choice is yours!"
More to the TAG accounts than meets the eye. TAG: “Transaction Account Guarantee"
OK for circulation. (from Dr. Ed in Texas) posted at PTR
A link to the Dodd-Frank bank instructions is further down in this note.
Sample US Treasury bills are also at the bottom.
There’s more to the TAG accounts than meets the eye. TAG: “Transaction Account Guarantee”
Superficial chatter says that you should just ask for your Dinar deposits to be placed in a no-interest bearing account. Then your funds will be insured with no upper limit. The FDIC will not be the insurer but because of the Dodd-Frank bill you will be insured fully through the end of this year – or maybe for the 12 months following the Re-valuation date.
But, Heads up:
Unless the bank has actually set up and is compliant with the TAG account instructions, you may be harmed in several ways.
None of my local banks had heard of the rules for becoming compliant with the Dodd-Frank instructions. I printed out copies of the instructions (13 pages) and handed it to the bank VPs which they cheerfully received, promising that their lawyers would read it and get ready to support TAG accounts.
There is a basis for this strange TAG requirement (or suggestion). It may help if you understand the basis for the Dodd-Frank Bill and the TAG account option.
Your Dinar payouts were and are supposed to be in gold or metals-backed currency. That’s especially true for Dinar holders because the Dinar you hold is backed by gold, oil, and minerals.
It’s fool-hardy to convert the world’s most valuable and stable currency into US dollars that sink in value almost every day. Dollars are announced to be DEVALUED another 40% within 30 to 60 days after the RV.
I mentioned Dinar as being stable. Yes. Monthly violence in all of Iraq is far less that that of single US cities like Washington DC or Los Angeles. TV news channels amplify and selectively choose what we are allowed to see or believe.
So where is the US currency that is metals based? New US Treasury bills are expected to be released to the public perhaps 30 or 60 days after the RV. At that time we will have options for converting our old greenback bills into the new Treasury bills. On the samples (far below) note that the Federal Reserve is not mentioned. The new bills will be issued from the US Treasury (we expect). The 99 year agreement between the US Treasury and the Federal Reserve ran out sometime in January 2012 (it is claimed).
IF YOU DEPOSIT YOUR CONVERTED FUNDS INTO A VALID TAG ACCOUNT:
– Your funds will be assumed to be of US Treasury Bill value later, when and if the new Treasury bills are issued. (metals backed just like the Dinar – good)
– You will have full and immediate access to your funds to buy big items or properties – no rationing, no delays on withdrawals. (good)
– You funds will be insured with no upper limit for the next 9 or 12 months in the event of bank failures, closures, holidays.
– You must not gain any interest on the account (Mandatory Requirement) because banks can only pay interest using current debt-based fiat unstable old US currency.
– You cannot take funds from any other source and deposit them into your TAG account. (Maybe DONG payouts are ok – not sure.)
So if you thought you could just deposit Dinar payouts into any old checking account that bears no interest, then you haven’t looked through the compliance standards that the bank has to fulfill in getting ready to give you a TAG account. See the link further below.
The legal rules a bank must follow are quite dense and heavy. Details galore. The bank must even have a small sign of a certain size on the wall in the lobby stating with certain words that they provide TAG account services.
Most of you probably envision cashing in at a bank, then wiring some funds from there to other local banks or credit unions. These secondary receiving banks will have to have legitimate TAG accounts if you want the TAG benefits. Upon receiving the incoming bank wire, the bank will have to ask about your source of funds. Your receipt from your original dinar conversion event will be needed in this situation.
So what happens if you just ignore the TAG option. Maybe you were only going to cash in one 25,000 Dinar note. At the rumored rate of $12.36 that single note will produce a deposit of $309,000 – which is just a little over the $250,000 normal FDIC insurance.
Is that anything to worry about? (What? Me worry?)
Later when we all line up at banks to trade in our crumpled greenbacks to get our fresh Metals-based US Treasury notes, we have hints, rumors, and whispers that there will be a 40% to 60% loss of greenback value for everyone around the world that holds greenbacks. US dollars will be devalued – announced and not a theory.
When the new Treasury bills are issued,
You will possibly trade in $100 old bills and receive back $60 in new Treasury bills. (40% devaluation of US dollars) Or,
You will possibly trade in $100 old bills and receive back $40 in new Treasury bills. (60% devaluation of US dollars).
IF your Dinar deposits are NOT PLACED IN A TAG ACCOUNT, your old $1 million greenback dollars will be converted (in the bank) to $600,000 Treasury Bills (for example) at the 40% devaluation rate – when the new bills are released.
IS THIS SCARY EXAMPLE CLEAR? You cashed in top-value DINAR which was already gold-based, and through negligence (in this example) you lost 40% of your value because you didn’t mandate that your bank set up a TAG account to receive it.
We have been kept in the dark about many things, but Congress saw this situation about to arise. For once, in your favor, the Dodd-Frank bill designed a method by which your Dinar (and possibly Dong) deposits would be treated AS ACTUAL METALS-BASED CURRENCY even though the new Treasury bills won’t be issued until a few months after the RV event. These TAG accounts (if you see the sense of using them) give the US Treasury up to a year to get their Treasury bills distributed.
The trauma of the US and world-wide populations having their old green dollars DEVALUED can be dealt with best a few months AFTER the frantic Dinar conversions.
To appreciate the complexity of the RV happening in 195 nations, consider that the dollar devaluation will affect all those nations WHOSE CURRENCIES ARE ALSO BEING reassigned based on the productivity of each nation.
Summary: To avoid unnecessary diminishment of 40% or more of your funds when the world soon converts to the new US Treasury bills, consider printing out a few copies of the Dodd-Frank instructions and hand carrying a copy to your local bankers who may be unaware.
I found it useful to talk with bank administrators, stating that you are a Dinar holder, and that even though the local bank is not expected to convert your dinar, you intend to wire sizeable funds into your local account AND THAT IT NEEDS TO COME IN TO A Transaction Account Guarantee (TAG) ACCOUNT which must conform with the printed instructions at this government link.
Here’s the official government link for the Dodd-Frank PDF document that defines the bank policies required:
http://www.fdic.gov/deposit/deposits/unlimited/faq.pdf Consider printing a copy for the banker(s).
FYI: Dr. Ed in Texas
Tags: BluWolf, Cap1, CathyK916, Dinar Cashin, Dinar RV, Dinar RV Cashin, Dinar RV Rate, Dinar RV Wells Fargo Notified, DinarDaddy.com, FootForward, IQD RV, IQD RV Rate, KaratBars.com, Okie, Prosperity Packages, Real Money, TAG Accounts