Saturday, 20 October 2012
Getting Rid of the Smoke: Update on details -IQD/VND currency exchange
Again I have been asked to write another update to clear up some of the confusion that is running rampant through on-line "dinar" communities, chat rooms and websites. There has been so much smoke recently that the facts have been obscured to fairy-tale land proportions.
First off, there are no "codes". If you are part of a "cash-in" group, you will NOT be receiving a code. This has been a cause of much confusion- even for myself- so I asked point blank and received confirmation that there are no "codes" for the IQD/VND group currency exchange.
Here is how it will go:
If you are a member of one of the official groups, ie: the Studley/General64 group, you will receive an email that will have a 1-800 number to call Wells Fargo to make an appointment. That phone number you receive will identify which group you are part of.
Please note: the Studley/General64 group rate is ONLY for Wells Fargo.
Once you have the 1-800 number, you call to make an appointment. There will be 1,100 Wells Fargo locations that will be part of the currency exchange. You MUST make an appointment to exchange with the group(s). You will not be allowed to saunter into your local WF to exchange for the group rate without an appointment. (unless you go golfing with your bank manager and have enough IQD to make him drool, then maybe you might be able to convince him to slip you in when no one's looking..... but I wouldn't bet on it)
When you show up at WF for your appointment you will be told what the exchange rate is. The rate has been pre-set and you will not be negotiating your rate. Once you have been informed of the rate of exchange, if you accept it, you will then be asked to sign a Non-Disclosure Agreement (NDA).
...Do not even THINK about trying to screw around with the NDA. It is iron clad and NOT negotiable!
Once you have signed your NDA, then you will begin negotiating your bank package.
Wells Fargo will keep a certain percentage of your funds for a set amount of time - most likely 6-12 months. This is part of the negotiating that you will be able to do. You will be able to negotiate the percentage WF will keep on restricted access, how long they will keep it restricted and what interest they will pay you on that total during that time. You will also be able to negotiate the banking package - the perks and fees, setting up trust funds, tax and legal help etc...
IF you choose NOT to do your exchange through a group, you will get the street rate. The street rate (which won't be chump change) will be available through the various IQD dealers and any bank that does foreign currency exchange and has chosen to participate in the IQD/VND exchange process. BoA, Morgan Chase, 5th/3rd, Citibank, etc are NOT part of any official group exchanges that have been pre-negotiated.
As I said at the beginning of this article, smoke is being spewed so thick right now that I'm seriously considering getting a gas mask. 99% of the supposed news out of Iraq is smoke right now. 99% of the news in the mainstream media is smoke right now. The various people in charge of things to do with the new financial system and the elusive "RV" are sending out smoke right now. But the hints are there if you know where to look and how to read between the lines.
....everything is where it's suppose to be, all the papers are signed, all the people are standing around just waiting.
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Hate to say it but all those guys are being investigated and there will not be a group rate in the endReplyDelete
Hi me (love the name!) you are correct- MANY of them are being investigated, and those that are not legitimate will be toast. Several have already lost their "cashin" abilities. But there are a few very legitimate groups- the biggest being the Studley/general64 group. I can assure you that they will definitely be getting a group rate.Delete
I would sure like to know who's funding if at all, the groups selling physical Dinar.ReplyDelete
They are still sending me specials notices to buy more and more and at a discount ?? With all this chatter about anytime now,it just doesn't make sense.Your right about smoke but just who HAS seen the fire ??
These are the end times of this age and it's written theat the wicked will wax worse and worse, deceiving and being deceived. Not on a negative ride but I can't see Satan's kid's at this point allowing the goyim to have this kind of resource ?
Maybe ? maybe not ?
the thing to remember is that the dinar dealers are not like the normal currency exchange companies. They do not own the dinar they are selling, and what they don't sell, goes back to Iraq. Hence, they only make money on the IQD that they DO sell. The closer we get, the more they push the sales with promos and deals and give aways- because they want to sell as much as they can to make their commissions.Delete
.... and soon everyone will see the fire ;>)
I have spoken to some very large dinar sellers, and they informed that they do in fact own their dinar. Why would Iraq trust anyone to send them large amounts of dinar and then return it if it doesn't get sold? lol Sorry, but that's laughable and completely untrue. I wouldn't say the sellers have a problem at all if it's truly going to RV. They're set. They buy at a very low price, and tack on hundreds for the rest of us to buy from them.Delete
I don't believe there will be any "groups" left soon -- most, if not all have been proven to be scammers themselves. I will negotiate my own rate, and will do it off shore. There is no need to exchange/cash-out within the USA.
Any bank that requires you leave funds in their bank for any length of time is a scammer, and Wells Fargo, BofA, CitiBank, are three of the illuminati owned banks. NEVER leave money in a bank that you can't afford to lose.
When the banks have all that "dinar" cash in their banks, don't you think there will be a bank closure??? It's all planned...
We need to cash out/exchange the dinar when/if the rv happens, and convert to gold, silver or other asset and get it out of this country asap. The government is looking to take any and all assets from the people NOW. NEVER trust a bank!
I have a question BTS.ReplyDelete
If you do it through a cash in group like Studley/General64 will Wells Fargo put our money in our names or can we put the funds in a New Mexico LLC or a well structured trust for asset protection?
Putting that amount of money in our names is stupid and dangerous, so I'm wondering what are your thoughts about this.
What have you heard is the right route to take in order to protect our well deserved funds?
My friend, that is not my area of expertise. BUT... when you go through WF they will fully explain your options and give you advice on safeguarding your money.Delete
Get professional advice- that is the best advice I can give.
Thanks BTS. I have done extensive research and most of the "professional" help out there is just wrong and could hurt you big time. The best bet is New Mexico and Missouri LLC's and "invisible" trusts onshore. Offshore that is another story and in my opinion the mentioned onshore solutions are much better.Delete
exactly- most of the so called professionals won't know what's happening or about the changes coming in- as far as investments are concerned. but the WB private bankers should be able to guide people towards how to protect their funds through trusts and foundations etc.....Delete
Has anybody even considered N.E.S.A.R.A. having to be enacted FIRST???Delete
there are no official updates on NESARA yetDelete
Never ever never put anything in your own name. Always a corporate name; and us an off shore bank that has never had a bank failure. Use an LLC or IBC to set up the "holding" company first.Delete
Never ever never use a "bankster" for advice! That's crazy talk! They are paid to give specific advice that benefits the bank, NOT the customer.
1. Paper money is only worth the paper it's printed on.
2. Own nothing, control everything.
If you can live by those two principles, you will be fine.
Is there a list of banks somewhere that have agreed to participate in the IQD exchange? I am not part of a group so am looking in my area for participating banks.ReplyDelete
once the global currency revaluation happens and the new rates are live, you will be able to call your local banks to find out if they are participating.Delete
BTS is right; once the dinar is actively traded worldwide, you can go to any bank to exchange it. You can also go to the exchanges at the airport -- they will exchange most all currencies there for you even now. Best to make some calls and see what their current policies are, and what they anticipate post rv.Delete
I am leary of joining any group. I have never paid one dime for a conference call or a Dinar group membership. Why should I join the Studley group? Can you give me any great reasons? Haven't they predicted the RV several times before? If bluwolf is apart of that group then definitely no.ReplyDelete
Hey Hobgoblin238- I recommend the Studley/General64 group for cashing in because I know for a fact that they are a fully legit group and they will receive a much higher rate than the street rate. As for predicting the rv in the past- just about everyone has done that in the past - we can only pass on info that we have received from our sources and we can not control when things suddenly change. (post RV I'm hoping to be able to post a lot more info on the history of what's been happening this past year).Delete
What it comes down to is choosing what is best for your self and family. But I hope that people make a well informed choice, and not one based on rumour and gossip.
... oh and the Studley/general64 group doesn't cost anything, nor are there any fees or hidden costs, or percentages, or brokerage fees.
How does one join that group?Delete
Hey hobgoblin- go to http://www.generals64.info/?p=subscribeDelete
you only need to enter the basic info- name , email address. you do NOT need to enter the amount of dinar you hold or reserves, you do NOT need to enter your physical address.
Bluwolf is a good guy, I don't know what you are talking about. I also just found out about the Studley/General64 group (I'm the one that wrote above about the New Mexico LLC etc.) and I'm interested in participating with them, so I joined their newsletter yesterday.Delete
There are no WF where I live, so I might have to fly to Florida when the time comes. I wonder if it is safe to take your Dinar/Dong with you to the airport or use brinks to fly it to the WF destination that you are going to cash in.
The problem is for someone like me who is broke the Brinks method is out of the question unless I find a local bank that is participating in the currency exchange (I doubt it) and cash in a very small amount to pay for the airfare, hotel and Brinks service.
These are thoughts that are inside my mind now, so I wanted to share them in case someone is in the same boat as me.
exchanging a small amount at a local bank for the street rate to pay off reserves or pay for transportation etc is a good idea, and a plan that many are going to use.Delete
Hobgoblin, I left ALL groups a long time ago, it's pointless. No one knows anything at this time, and NEVER has. No one in any group is going to get real, true intel about what a government is going to do -- it's just not going to happen. Anything that is leaked is probably, IMO, just a game to be played. Time to stop getting emotionally and financially jerked around by gurus -- just get on with your life. You will know when it rvs :)Delete
I signed for Studley's group but I have a lil concern after what you mentioned above.ReplyDelete
*Non-Disclosure Agreement and Wells Fargo will keep a certain percentage of your funds for a set amount of time - most likely 6-12 months.*
I live in a notoriously EXPENSIVE state. The state income tax is 9%. I signed up for two different locations with Studley's group. My logic being, I will leave this expensive state and become a resident in this new state that has no income tax. I was planning on moving anyway but literally have been staying around until all this dust settles ( mass arrest and rv ect).
I guess for me, even before making an appointment, I will see what this street rate is. I would rather not be forced into an agreement where some of my money is locked down for 6 months to 1 yr.
All you can do is make an informed choice for yourself. I will say this though, that the difference in the rate will make up for the percentage that you will need to leave for 6 months in WF.Delete
BTS, what if the bank closes or freezes the accounts? The depositors are screwed then. And we know there is about zero recourse in dealing with big banksters. Better to take the rate from wherever, and put it into an off shore bank where you can draw some real interest on a time deposit, or other investment. Nothing is safe in the USA.Delete
It's like having a safety deposit box -- there's nothing safe about it. The government and banksters routinely enter safety deposit boxes without warrants or reasons for that matter.
To Anon 13:32 - "What does your heart tell you?"ReplyDelete
Go through Dinar Recaps and read BluWolfs posts. He says we are THERE almost every day for 3 years. It is all documented. That is why I do not trust him at all.ReplyDelete
Could someone provide more info,website about the new mexico llc trust memtioned? ThanksReplyDelete
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