Sent: 5/8/2013 4:24:57 P.M. Eastern Daylight Time
Subj: NEW INFO ON DINAR & FED. R.; Fw: John is optimistic
Just in. Thought this needed to shared. [V.K.D.]
johnMay 7, 2013 at 11:02 PM
Official Fed release out Dinars start from next Monday.
Copy supplied to site at 00-700 hrs this morning.
Good luck all of you. Rates later when we know.
The following was sent to Geno by John for posting:
Release Date: April 4, 2013
For immediate release
The Federal Reserve Board on Thursday announced the finalization of standards for banking organizations regulated by the Federal Reserve System that engage in certain types of foreign exchange transactions [FOREX] with retail customers.
The rule, issued pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act, establishes requirements for risk disclosures to customers, recordkeeping, business conduct, and documentation for retail foreign exchange transactions.
Regulated institutions engaging in such transactions will be required to notify the Federal Reserve System and to be well capitalized. They will also be required to collect margin for retail foreign exchange [FOREX] transactions.
The types of transactions covered by the rule include foreign exchange [FOREX] transactions that are futures or options on futures, over-the-counter options on foreign currency, and so-called rolling spot transactions. The rule covers entities regulated by the Federal Reserve System including state-chartered banks that are members of the Federal Reserve System, bank and savings and loan holding companies, Edge Act and agreement corporations, and uninsured, state-licensed branches and agencies of foreign banks.
The Federal Reserve System consulted with the Office of the Comptroller of the Currency [OCC] and the Federal Deposit Insurance Corporation [FDIC] in developing the rule. The agencies have engaged in separate rulemakings as specified by Dodd-Frank.
The rule will be effective on May 13, 2013.
For media inquiries, call 202-452-2955.
johnMay 8, 2013 at 12:49 AM
I sent Geno the Fed release for the Dinar futures markets starting Monday. Its slowly coming together.
johnMay 8, 2013 at 1:08 AM
Today was just to help give you all some hope. Rates we will issue later otherwise it breaches Insider Trading rules. ( Damn Geno just going out and buying $3B in futures!) Must kick that mangy cat! Seriously though, we once had a French client named Claude Balls.
Fully agree with comments on how much it will help society with a fast Dinar release. People need a break.
Le Guarde, Lew, the IMF and City are all trying to get this done. O is tired of the pressure and battering. He's so way out of his pay grade in a day job he's ill prepared for.His problem is too many Organ Grinders pulling his chain.
Greenspan and Bush 41 have cost America in generations now. Two vile reprobates of the lowest scale of humanity.
Special Operations are demonstrating today against BENGHAZI. True Patriots revolting against dying for Traitors! Your real heroes, not Beltway Posers or Neo Nazi Texan trash.
johnMay 8, 2013 at 1:28 AM
PLEASE, for all your sakes as Dinarians,once it clears, ONLY pay essential Bills then do nothing. Wait.Hold every dollar from an impulse buy. Nothing looks as good a week later, and if you have to buy attention time from relatives, who needs them? Hold that money, be smart. You waited a long time to get it, savor it first. Wait, wait and wait. Let real planning evolve. This, for most of you, is your one time get out of jail card.
Take care and allow reality to evolve with time.
Once it's gone, it's gone. Smart families ring fence funds. Wannabees flash cash and get taken fast. For you alone to know you have it puts you well ahead of the game. Do nothing until real opportunities arrive. Be smart, or be a clown. Which mask will you wake up to in a week or month?
Remember,most people end up where they deserve to be. Your actions post Dinars will determine that with no more excuses. Flash is brash and brash is for the Trash, so KEEP THE CASH!
johnMay 8, 2013 at 1:53 AM
Watch Danny de Vito in Other Peoples Money. Learn how to play the markets and game.
Is John stating Monday the IQD will be on FOREX an RV'ed rate?
(NOT asking rate.I did ask for an APPROX-rate, then I got Geno-ed!)
johnMay 8, 2013 at 3:31 AM
No - Just stating banks can start taking options and futures from Monday. But see how long that lasts before the onslaught. Key here is the Green Light is coming up soon. How long??????? Wait by the day.
Right now focus today is on the Private NOT Global Settlements. Those alone will be a huge help if handled correctly.
Getting funds from the bad guys to the good guys is the battle raging now. Not hearts and Minds by daily grinds.
canauzzieMay 8, 2013 at 5:34 AM
by private....do you mean...PP.....
johnMay 8, 2013 at 7:06 AM
Such Private Loans as Argo Trust ( Chinese) and others, made in goodwill to the US, then got screwed by non redemption lies. The usual games of Zionist and Cabal swine while the Texans bought up Paraguay in conjunction with Soros, all funded behind Treasury connivance. There will be NO MASS GS. Just enforced Private deals to pay just a few back. Having looted and ravaged the planet as a Hedonistic Locust hoard, where are the reserves to pay back what was sequestrated by Fraud? Only 6 or 7 Private deals so far look possible. Time will tell. They even need the Tax breaks from those to underpin the current Ponzi lie.
Tax withholding levels for the High Value Dinars due to convert will be c36%. Be sure, they will still rip the faces off all transactions as one Enforced resolution or another.The IRS is nothing but a Private Rapacious Autocracy with no intended benefit for Americans. A Highway Robbery gang of Zionists and Cabal Cohorts serving only Mamon. When does a thief ever pay back?
Projections of 15%, good luck and I hope you get it?
Be sure, Monday onwards will be chaos, as having lit the Fed fuse they still have given no dates for the major accounts with vast numbers of 25,000 Dinar Notes stacked high. SNAFU normal US Governmental specialties.
How the hell do you think you can take on Basle 111, when you can't even clear Basle 1? Thea\Local\Temp\msohtmlclip1\01CT that the US Prints 3 times more bogus Ponzi Fiat dollars than it ever earns rights for. Basle 111, if Honestly applied, means stopping ALL Welfare,( No Money) All Retiree checks ( No Money) Sacking 50% of All State Employees ( No Money)and simply closing down the Military. As we all know, the tail wags the dog, so how long before a Soviet Union type collapse comes?
Putin is Telling You and Israel to back out of Syria or he will arm Assad with high technology weapons and telling the US - THIS IS YOUR RUBICON LINE! Butt Out! But the Media don't tell you that. China and Russia WILL flatten you if it escalates. They have Elite shelters also and they don't care. These are dangerous times.
canauzzieMay 8, 2013 at 8:00 AM
it is my understanding that all major Canadian banks were Basle lll compliant as of Jan. 1/2013...John do you know if this is true....i have not confirmed and i don't trust our PM Harper much....
johnMay 8, 2013 at 9:05 AM
Canadian banks and Canada are well run and Basle compliant. The US is not even close, nor can truthfully comply. The ENTIRE US Tax Income does not even cover the Debt interest alone. Its the biggest Ponzi Scam Fraud on the planet. Yes to Canada.Well run Finance Ministry.
Posted by John MacHaffie at 10:31 AM