Notes from another site CC for 01-24-2011

[ronscarpa]

Notes from another site CC for 01-24-2011

By GoodLife on PD

Call number; 712-432-1085 pin is 7864822 #

Going to be able to put people at ease tonight

Rudy (this person was banned and is an off limits topic. to be on call

Call starts with "Dinar 101" Intro to the Dinar:a presentation (20 min aporox) on the Dinar that you can listen to if you so choose

Brad has been invested in the Dinar and has been awaiting the RV for over 5 years.

Guest Speaker Rudy (this person was banned and is an off limits topic. worked with JPMorgan for 15 years at a high level in their Currency Dept

Rudy is calling from the hospital in Florida, doing well, (liver transplant recipient)

Last week has been filled with so much rumor. .internal RV's from several countries, unsubstantiated chatter, currencies do not RV in that matter(giving preferential treatment) , Take a deep breath, people will give false info "posers" to get their name in print. Needs us to "think like investors".

RV will come from Iraq

Iraq needs the GOI to be seated. still not complete.

Malaki needs to come up with people to fill posts and honor all 3 tribes in Iraq. Insurgency is increasing to try to destabilize the GOI

RUDY See's RV in beginning to middle of February

Article in press, Iraq not meeting it's currency needs, shed neg light on them

Malaki trying to pull strings and has a powermonger type of characteristic. Likes having his Cronies around.

GOI Needs to be transparent

It's all about him, his cronies. Having hard time getting people to work with him. Many new govt members don't want to associate with M. Afraid of ruining their political careers. Don't see that coming out in press. State dept people saying this. Ones that want in now want to be corrupt and be there for the $$

Would have already occurred (RV) under Alawai. .

We have been very egotistical in our viewpoints about the RV and the Dinar, need to consider the Iraqi's and what they have been through. . Need to be grateful for Iraq.

Opening Iraqi Global Equity fund in next 3-6 weeks (Rudy).

Need to be patient, sit back and allow it (RV) to happen

Talking of CSPAN video of VP Biden, 10 min into it talks of is needing to be done. Link on another site website.

Several points keep coming up. 1. Why are people who have dinars selling it to Ali (dinar trade) etc. 2. is it going to collapse the banking system ?

Rudy - Always been misinfo. . that when this RV's Iraq is going to have to have so much money in their accts in order for this to work. When you have a managed float (price good for 30 days). it is a straight even exchange. IMF and World Bank approved the value.

Much more "digital currency" (fractional reserve banking) in circulation, 8-10 times more than the actual cash in circulation.

When 27trillion is said of Dinar amount in circulation, much of that is electronic. According to Delarue, only 26billion dinars printed. the rest is 'digital'

Much of the larger notes will be destroyed upon RV and converted to 'digital' in value.

18-19 currencies to RV at same time, read that backing of our currency will be gold and other natural resources. Rumor or fact?

Rudy - Not total make up of currency. talk of Fiat currency being backed by gold, silver etc . Basketing of currencies into 1 currency ? ? May be where currency mkt is heading. When a country has lots of resources, and their GDP increases, inflation goes up. Hard to calculate just based on resources. It is a combination of many things, agricultural, manufacturing etc. .

ABC reporter ( based in San Diego) based his report on an "agenda", now he is using a scare tactic, angle is he has an org that provides an Iraq acct that buys and sells dinar for you. 20% fee would be charged to do this. .

This Dinar situation is REAL. Biden and Clinton in Iraq says much. US has significant holdings of Dinar. Don't get involved in the "rollercoaster". Sit back and relax, move fwd with your life.

Ali (dinar trade) is only one B H group trust and will work with.

Rudy- if we were not allowed to own this currency, we would be breaking international currency laws. (been traded for 6 years) WE have provided a stable currency for Iraq based on our investing in the Dinar. Our Dollars are helping to stabilize the Dinar for now. Treasury license needed to trade Dinars. Wouldn't allow Ali to do the trading if this was illegal.

Significant amount of Dinar sold last week. (lots of rumors sell dinars eh?)

Why are IQD on the Forex? Lot more speculation, govt was formed in last 2 mos, private investors approaching their Forex dealers, discussion in the international markets, they know what is going to happen to Iraq. Speculators know . . it will be an internationally recognized currency. Seeing new platforms getting to introduce the Iraq Dinar.

Employee of BB n T bank (in Tennessee) saying, no longer selling Dinars

Could of happened a month ago if political process was more smooth.

Rudy- We can sell our Dinars any time we want. We bought a tradable currency, if we ever became tired of waiting or in need of $$$ we can always sell it back. May loose a small handling fee but not the value of the investment. Not a scam, always a buyer for the Iraq dinar. Don't feel stuck.

Don't have control over Iraq govt.

Thanks to Rudy..

Let process run it's process, It (RV) Will Happen ! !

Keep the people in Iraq in our prayers. Been in despair for more than 2 generations. .

End of Call

Lastly, the Dinar 101 portion of the call can be heard by dialing in to the CC and listening to the 1st 10 minutes of the call. . Good introduction info for anyone NEW TO THE DINAR OPPORTUNITY

[On_Reserve]

If you put a pretty strong filter on yourself before you listen to this call, then you will likely get some value out of this. I never listen to these calls in their entirety. I did listen to this full call, however.

You won't get the answer that you want out of this, but it will be worth your time.

Be prepared for the commercial on the front end of this call.

That's it.

TS

I believe in the RV; I don't believe in the cult.