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1RV/GCR Weekend Chatter Empty RV/GCR Weekend Chatter Sat Jul 23, 2016 9:26 am

PurpleSkyz

PurpleSkyz
Admin

Saturday, July 23, 2016


Fisher's GCR/RV Intel Update - July 22, 2016


RV/GCR Weekend Chatter Rumorshttp://inteldinarchronicles.blogspot.com

 Real Truth Chatter 

Fisher:
The Finance Ministers and other attendees of the G20 mini-meeting are not at all happy that they arrived and nothing had happened as they were told to expect

That is putting it very mildly, but will give you an idea of how angry they all are

The people involved in that meeting have issued an ultimatum and have demanded that they be involved on resolving the problem, whatever that might be

There are some very intelligent, logical and experienced people now involved, and they are resolving minor technical issues and quickly hope to come to a combined resolution to the problems that have become public this week

NO attorneys are involved, and all attorneys were even told to stay out of it and let the financial experts deal with it without any input or arguments from the legal teams

You would recognize some of the names, and might even be able to guess who some are, that would be because some of you are smart

Anyway, the deal now is that the ministers are now working with the Elders and some other "visitors" to get this done by this evening. They fully realize the impact that the constant stalling and problems have put the planetary economy in a very serious situation and that that situation MUST be resolved, and quickly, to prevent a total and complete collapse of everything they have worked so long to see come to pass

If you get the idea that these are serious people dealing with a dire situation, with lives and futures at stake, you are correct


Namaste:
yet it appears they have done a fine job of protecting these assets for millennia.

Fisher:
Protecting assets they did well, now they have to finish what they started, imo
Yosef was obviously very frustrated, and probably had more to say, that is what happens when you get too emotionally involved in a "project"


Everything is "on hold" as far as the Republic, NESARA, the Galactics, etc, waiting on a few numbers is driving all of them nuts


There are some who questioned the logic of using a computer program to make a determination as to the "perfect" time

Ethericblue:
So you are saying we are on a random number generator for release

Fisher:
It was put in the "hands" of a super-computer. One that got input on the various financial aspects from all over the world. No one seems to know how it actually works its "magic", and maybe they've come to see that the magic just wasn't there for it to manifest, it might have gotten scared itself

China mom:
a computer does not have a heart this transition is ALL about heart

Fisher:
The "old" hearts might have needed new blood to pump correctly and in accordance with the needs of humanity

I think the new blood will make sure things happen in time, we need to pray for that

Brigantine:

Sometimes when one has spent a great deal of time waiting and protecting, Actually moving forward becomes difficult. After a lifetime of protecting, finally going, may have its own set of obstacles.

Fisher:

good analysis, and quite correct from what we've been seeing….they typically plan things for hundreds of years, and are very patient, which, in this case, was itself a part of the problem

Imagine expecting for your plan, hundreds of years in the planning stage, to be perfect in this world of corruption and confusion

Angeljourney:
I have read to the bottom but didn't see anything re the G20. Are we hopeful this is the turning point that releases our blessing? Thanks

Fisher:
we are
Posted by enerchi at 7/23/2016 01:44:00 AM

Thanks to: http://www.ascensionwithearth.com

2RV/GCR Weekend Chatter Empty Re: RV/GCR Weekend Chatter Sat Jul 23, 2016 9:27 am

PurpleSkyz

PurpleSkyz
Admin

"SITREP a Soldier's 411" - Guest Post by Heisenberg

7/22/2016 09:38:00 PM  Emailed, Thoughts  
Entry Submitted by Heisenberg at 11:19 PM on July 22, 2016

As the generals figure out the best time to pull the trigger on our Mercy drop of LOVE , we are the soldiers of the front line and in the trenches and we sit and wait for your go. We are well beyond spiritual boot camp, we are well prepared but still we wait. We wait for the helicopter drop of Mercy into the war zone. Yes we are civilians, some of us , but we know we were chosen by God's generals and Archangels to fight the enemy of hunger , famine, drug addiction , unemployment, disease , slavery , homelessness Etc. We are God's soldiers and we are here to fight. We are the chosen many that will willingly go into the hardest ghettos and stand in front of God's people who have been neglected and show our face. We know that we will be targets for bringing God's Mercy and yet we stand at the ready.

So here we sit in a very large transport plane two rows buckled in tight facing each other. The ride is bumpy and hot and we've been on it longer than we can remember. There is a red light shining through out the cabin and we wait for it to turn green at which time we willingly jump into the unknown alone and yes, afraid for our lives. We may have had teachers and drill sergeants and comrades along the way but at this moment we have only one voice with us and it is God's and at this point we all will pray as if our lives depended on it. We know about the face value and we know about the no lop so we also know that all the pressure, all the expectation is on us as individuals to carry God's cross. No excuses, mate.

So as you colonels and Generals and leaders of this land get it together just know that you have an army of God's soldiers ready to take that jump and lay their hearts and souls and lives on the line for their fellow man. All glory and honor to God.

*GREEN LIGHT* GO. GO. GO.

Heisenberg




Thanks to: http://inteldinarchronicles.blogspot.com

3RV/GCR Weekend Chatter Empty Re: RV/GCR Weekend Chatter Sat Jul 23, 2016 9:28 am

PurpleSkyz

PurpleSkyz
Admin

millionday THE NEWS ROCKS TONIGHT SO WE ARE GOING TO CHECK IT OUT SMILE
millionday GOOD TO SEE EVERYONE --
millionday SO MUCH NEWS OK WE HAVE A LOT SO GET YOUR DRINK AND YOUR HAT -- BRB
 
millionday Arab foreign ministers meeting in Nouakchott summit Nouakchott Esra Khalifa amid high hopes that the Arab summit to take the 27 to be held in the Mauritanian capital , Nouakchott, on Monday, decisions live up to the current challenges and the expectations of the people and meet their aspirations in the light of the circumstances is being held in, starts on Saturday a meeting of Arab foreign ministers ,
 
millionday NOTE -- A HUGE ARAB MEETING -- THEY WANT TO EXPRESS THEIR OPINION OF IRAQ ETC -- READ EVERY WORD
 
millionday an official at the Ministry of Foreign Affairs source: that Iraq will ask the Arab leaders with the full support in logistics and intelligence areas and restricting the means media that incite terrorism and encouraged in addition to active participation in the fight against terrorism, especially al Daash through Arab air cover in coordination with the coalition forces fighting with Iraq , noting that Iraq rejects any ground intervention but
 
millionday NOTE -- IRAQ IS MEETING WITH THEM ALL FOR SUPPORT FROM THE WHOLE REGION OF ARAB LEADERS AND ARAB SUPPORT
 
millionday agrees to use the air force in the war against Daash by the Arab countries because we have not seen any one Arab aircraft participated in the fighting Daash the source added, in an interview with « morning », the second thing that Iraq insists it is that there will be a standing item by the Arab League and its members to pressure on Turkey to withdraw its troops from Iraqi territory ,
 
millionday NOTE -- IRAQ IS MAKING IT CLEAR THAT THEY WANT THE BORDERS SECURE AND TO TAKE BACK CONTROL OF SECURITY FROM TURKEY AND HAVE IT UNDER THEIR CONTROL
 
millionday explaining that among these pressures closure of the Arab League Office and its mission in Turkey as well as other pressures. For his part, Deputy Secretary General Ambassador Ben Helli, in an interview with «morning», that item Turkish intervention in Iraq is a standing item will be discussed by Arab foreign ministers to be submitted to the summit on the Arab presidents and kings level, adding that one of the key items in the agenda of the summit is to address terrorism , especially al Daash. he ornaments that all members of the Arab League in solidarity with Iraq , which is locked in a fierce war against terrorism and we support him and we are confident Iraq 's ability to cleanse the land from these destructive pest - like spread of locusts, stressing that Iraq will succeed strongly army and the cohesion of its people and its political forces and will remain a strong Iraq
 
millionday NOTE -- IRAQ HAS ANNOUNCED THAT ONLY 10% OF THE TERRORISM IS REMAINING IN SOME REPORTS
 
millionday discusses the Arab foreign ministers on Saturday in a meeting draft resolutions have been prepared from the permanent delegates , including a special clause of the Turkish intervention, which was obtained by the «morning» a copy of it, as the Council confirmed the invitation of the member states of the Arab League to demand from the Turkish side «under the bilateral relations» to withdraw its forces from Iraqi territories to implement the decision of the Board University issued on September 24 2015 7987 number, as well as non - interference in the internal affairs of Iraq and to refrain from provocative acts that would undermine the confidence - building and threaten the security and stability of the region
 
millionday NOTE -- IRAQ IS STATING THAT THEY WANT THE COMPLETE POWER OF ALL OF IRAQ AND ITS DECISIONS --
 
millionday and re - emphasis on the content of the Arab League Council resolution on condemnation of the Turkish intervention in Iraqi territory and ask the Turkish government to withdraw its troops immediately without restriction and condition as the attack on Iraq 's sovereignty threat to Arab national security, the Council agreed to the inclusion of this item as a permanent item in the Arab League Council at the summit level , until achieving the withdr
 
millionday the Council also stressed the demand of the secretary - general of the Arab League follow - up implementation University of resolution (7987) and provide a detailed report on the efforts made by him in this regard to the Arab League Council at its next session and reaffirm the Arab member of the UN security Council to request containing the Turkish troops withdrew from Iraqi territory and to take all necessary measures to while achieving the withdrawal of these troops .
 
millionday SO AS WE SEE -- IRAQ WANTS TO STAND UP AND CLAIM THEIR PLACE IN TE REGION WITH THE EXPECTATION OF BEING ABLE TO PROTECT THEMSELVES AND TAKE IRAQ BACK -- SMILE
 
beachrider Looks like they are trying to stand on their own
 
millionday YES I AGREE
 
beachrider big step
 
TraderSteve Thought I read that Erdogan recalled the troops from Iraq the nite of the "coup", Or was that a statement just for the media?
 
millionday I SAW THE SAME THING STEVE BUT APPEARS IT WAS NOT COMPLETE -- IMO DISCLAIMER
 
=================================================
millionday HERE ARE THE VERY IMPORTANT THINGS I WANT YOU TO SEE -- AGAIN LOL
 
millionday Euphrates News Media Basra Gas Company director Darraji Shaalan announced the company's intention to export a consignment of gas liquid substance cooking gas up to 1500 tons next week.
 
millionday SO GAS IS TO EXPORT NEXT WEEK /THIS -- AND LOOK AT THIS COMING -- WOW
 
millionday L O O K>>>>> Organization of Petroleum Exporting Countries {OPEC announced} Friday that the price of raw materials of the 14 basket rose on Thursday rose 20 cents to settle at 93.42 dollars a barrel compared with 73.42 dollars a barrel on Wednesday.
 
millionday WHOOOPOW
 
millionday PRICING RAISING AND OF COURSE THIS IS GREAT FOR IRAQ AND THEIR INTERNATIONAL EQUATION -- SMILE
 
hopesway rose 20 cents but it shows $20?
 
beachrider percent maybe?
 
millionday IT IS PROBABLY TRANSLATING MARKET %% SO ADS CONFUSION -- GOOD QUESTION HUN
 
hopesway so it did rise the $20?
 
millionday IT STATES REPORTABLY LETS HOPE SO THAT WOULD BE GREAT NEWS FOR THE (REGION) SMILE
 
hopesway Thanks
 
millionday YW ALL THE TIME HUN THANKS FOR ALL YOU DO FOR US ROCK STAR GIRL -- SMILE
 
=====================================================
 
millionday THE REPORT I AM TRYING TO BRING WILL NOT COPY
millionday IT SAYS FOR THE FIRST TIME IN HISTORY -- IRAQ IS EXPORTING LIQUID GAS -- AND
millionday HEADED FOR THE RED SEA SUNDAY AND
millionday THEY ARE PAYING VERY CLOSE ATTENTION TO SAFETY AND WILL BE ATTENDED BY MANY AS YOU CAN IMAGINE SMILE
 
=============================================================
millionday the morning a new supporter of Iraq 's international position prove its worth in the fight against global terrorism of gangs "Daash" criminal, and shows beyond any doubt that the whole world has become uncertain of just cause in which our security forces destroyed a popular tribal and Alhacdan the legend of terrorism , which threatens the whole world when he defeated in one city after another record duration leaving him only control less than
 
millionday NOTE -- INTERNATIONAL SUPPORT FROM EVERYWHERE TO TAKE BACK OVER IRAQ
 
millionday 10 percent of the land will be freed in the coming days, despite the economic crisis and the imminent danger was able political and military leadership of the battle manage as best he be , which prompted gathered at the donors conference in Washington to praise and praise in Iraq and decided to support him to help the displaced and the reconstruction of liberated areas devastated by terrorism.
 
millionday NOTE -- INTERNATIONAL DONOR CONFERENCE IN WASHINGTON TO RETURN IRAQIS TO IRAQ AND REBUILD
 
millionday the international community has reiterated, during a donors ' conference, he stood with Iraq 's efforts to eliminate terrorism, when he agreed to give Iraq more than two billion dollars, the aim of sustainability to help displaced people and the reconstruction of liberated areas, especially after the great victories achieved by Iraq in various fronts.
 
millionday NOTE -- THE INTERNATIONAL COALITION HAS BEEN VERY SUCCESSFUL -- WHOOOPOW
 
millionday He said a joint statement from the sponsor of the Conference of the States "Canada, Germany, Japan, Kuwait, the Netherlands and the United States" that "more than $ two billion were awarded to the people Iraq 's response to the campaign "Daash" criminal that led to immense suffering and deprivation and destruction of the Iraqi people. "
 
millionday the statement, that those international move, come to" help address the difficult situation facing displaced people in Iraq , "referring to the importance of giving the international community the reconstruction of the areas liberated from the terror of great importance for humanitarian support and reconstruction of all displaced people to their towns
 
millionday NOTE -- THE DECISION TO TAKE O THE REBUILD -- HELP WITH THE FUNDING AND BRING BACK THE IRAQIS
 
millionday stressing that "donors will remain committed to supporting Iraq, and urge strongly all governments, organizations and individuals to support the UN 's efforts to save lives by funding and its funds."
 
millionday SO AS WE SEE -- A DECISION HAS BEEN MADE INTERNATIONALLY AND BY THE UN ETC TO MOVE FORWARD WITH THE NEW IRAQ WHOOOPOW
 
KAT1 WWWWHHHHHOOOOOPPPPPOOOOOWWWWW!!!!
 
Blessed2017 WOW... DO IT NOW!!!
beachrider Agreed!! DO IT NOW
 
millionday SMILE -- THAT WOULD BE GREAT
 
=========================================================
                                                                                    
 
Millionday BRB WITH ONE MORE AND THIS IS PRETTY HUGE
 
 
Millionday Iraqi cabinet announced in Almadh session yesterday, agreed with the request of the governor of Anbar province Suhaib al- Rawi, an appropriation of $ 5 billion dinars, to restore stability to theliberated areas, and the implementation of all service projects where, as a prelude to regulate the safe and immediate return to the pan displaced. The Cabinet may allocated five billion dinars out of ten theamount allocated to sustain the camps for displ
 
millionday THE REQUEST FOR FUNDS TO REBUILD ANBAR HAS BEEN GRANTED
millionday "Iraq News Network", on Tuesday, a document issued by the Ministry of Finance / General Authority for taxes, that the Council of Ministers has decided to place all the salaries and allowances of state employees with the exception of (marital and children) tax Aldechl.ujae in the document, he "based on the approval of the Council of Ministers under resolution No. (156) at (07/06/2016) , on what was the memorandum of economic and financial policies
 
millionday NOTE -- THEY ANNOUNCED TUESDAY TO LAUNCH INCOME TAX –
millionday NOTE -- THIS IS FROM THE MINISTER OF FINANCE
 
millionday "The document added," decides in accordance with paragraph (23) subject all salaries, wages, allowances and bonuses and any additional payments and overtime wages and other allowances granted under special laws, with the exception of (marital allocations and children) charged by government departments and public sector employees and mixed three presidencies and members of parliament and provincial councils, ministers and their rank shall be fixed
 
millionday NOTE -- SALARIES SHALL BE FIXED TO RANK THAT WAS DETERMINED SOME TIME AGO
 
 
Millionday the income tax by direct deduction from the salary of the second division up ".utabat," with the exception of members of the armed forces (not civilians) belonging to the ministries of defense and internal, "pointing out that" work is done under the uncles from (the first of June 2016). "
millionday SO IT WILL BEGIN FROM JUNE 1ST -- HUGE NEWS FOR REVENUES MUCH NEEDED ETC
 
millionday YW ALL THE TIME -- VERY INTERESTING WITH PARLIAMENT WORKING SO HARD -- LOVE IT
 
END OF NEWSTIME

Thanks to: http://www.dinardaily.net

4RV/GCR Weekend Chatter Empty Re: RV/GCR Weekend Chatter Sat Jul 23, 2016 5:29 pm

PurpleSkyz

PurpleSkyz
Admin

New Republic via a GCR: Update for July 23 2016

7/23/2016 07:42:00 AM  Intel, News  
New Republic via a GCR Update July 23 2016

Compiled on 23 July 2016 by Judy Byington, MSW, LCSW, ret, Author, "Twenty Two Faces," CEO, Child Abuse Recovery. www.22faces.com www.ChildAbuseRecovery.com

Repeated attempts to pay off the US national debt using $800 trillion, $27 trillion and $9.1 trillion of taxpayer monies illegally held by the Federal Reserve has been continually thwarted by the Cabal. At present the funds were in European bank accounts awaiting the Global Currency Reset. The reset appeared to begin July 20 when previously contracted exchanges, or SKRs, began to be paid out. The GCR could roll out as early as tomorrow during G20 meetings in China.

On July 16 2016 the Chinese White Dragon Society, said to own over 90% of the world's gold reserves and who were backing the Global Currency Reset, put out a bounty of one ton of gold each for the capture of certain powerful individuals connected to the world's Central Banks and who appeared to be holding up the Global Currency Reset. It was said that proof of their crimes had been provided to law enforcement agencies around the world. The Cabal leaders were considered highly dangerous. Those seeking them were authorized to use any necessary force if they resisted arrest.

According to Benjamin Fulford wanted for mass murder and embezzlement wereBarack Obama, George Bush Sr, Barbara Bush, George Bush Jr, Bill Clinton, Hillary Clinton, David Rockefeller, Donald Rumsfeld and Victoria Nuland. Benyamin Netanyahu was wanted for mass murder and money laundering. Nicholas Sarkozi was wanted for mass murder, fraud and drug smuggling. Mario Draghi was wanted for embezzlement and fraud. David de Rothschild and Janet Yellen were wanted for fraud. Etienne D’Avignon was wanted for illegally engineering the destruction of the US, while Haruhiko Kuroda was wanted for theft of Japanese savings. 

http://benjaminfulford.typepad.com/benjaminfulford/2016/07/gold-reward-offered-for-the-capture-of-khazarian-gangsters.html

Benjamin Fulford Special Update -- Gold Bounty and Names Released for Khazarian Terrorists

During his investigations into the US government wire frauds at the US Treasury, Federal prosecutor of the US Department of Justice Patrick Fitzgerald stumbled across a large legal fraud: Washington DC itself had no right in Constitutional law to run America. Washington DC was a system of corporate scams constructed to milk the American people without their knowing. The United States was not even the United States of America. The data retrieved spelled slow death for the Washington DC ruling class, especially when the US Congress' long lost NESARA legislation was ruled valid by the US Supreme Court. NESARA See this trailer of a soon-to-be released documentary about corruption at the Federal Reserve, "Eagle One to Wanta": http://eagleonetowanta.com/.

There was also a feature documentary film about the US monetary system and it's relationship to the Cabal, CIA, 9-11 (which happened as an intial Global Currency Reset was to take place), Presidents Johnson and Bushes and the assassination of President Kennedy. Right before Kennedy was murdered, he had signed documents which would have closed the Federal Reserve: https://www.youtube.com/watch?v=U1Qt6a-vaNM


Thanks to: http://inteldinarchronicles.blogspot.com

5RV/GCR Weekend Chatter Empty Re: RV/GCR Weekend Chatter Sun Jul 24, 2016 9:19 am

PurpleSkyz

PurpleSkyz
Admin

"Thank You" - The BIG Call Family - July 23, 2016


RV/GCR Weekend Chatter Thank-you

"THANK YOU

To All The RV Hidden Gems:

Recently, the BIG Call family was asked to advance toll free numbers to the on-line currency community.  Please know everyone associated with the BIG Call is deeply honored and extremely grateful to be considered for this opportunity.  

Together, we have always tried to serve those dedicated to making a difference in the service of others; thus, we feel honored to now assist our invisible, yet growing audience of do gooders.  Thanks again for considering us worthy of this opportunity.  We will tactfully pass on any important information via a final celebration recording link and final update email entitled "TETELESTAI".

However, before the RV fireworks go off (whenever they finally do go off:), we would like to take a moment and acknowledge another invisible community that rarely if ever gets acknowledged, let alone thanked.  We're speaking of the many "Hidden Gems" of the RV world who assist in one way, shape or form in selflessly serving humanity's greatest good.


We feel their efforts should be equally honored at this time, as we know they too have worked tirelessly behind the scenes (some for many decades) to make this historic event possible for all.  

Hopefully, this simple but sincere acknowledgement finds its way to everyone's heart who dared play a role in this epic yet clandestine operation.  For in the end, we're all just one human family trying to figure out a puzzle no one but God the Father truly understands.

------------    

To all the SOVEREIGN COLLATERAL ACCOUNT FAMILIES who have been entrusted (burdened) over these many centuries to both protect and now safely release humanity's wealth no matter the personal or family consequence, we humbly say thank you.  

To all the MILITARY GENERALS & SECURITY FORCES who while never are to be known by name, have faithfully guarded so many during this delicate transition, taking 100% responsibility for our continued security and protection, we humbly say thank you.

To all the DIPLOMATIC & AGENCY ASSETS who have traveled the globe via planes, trains and automobiles; massaging a seemingly endless series of sovereign treaties, security alliances, trade deals, cease fires and new protocol agreements, we humbly say thank you.

To all the LAWYERS & JUDGES who have logged a good part of their professional lives negotiating and mediating successful settlements that now bind Heaven and Earth, while at the same time gently easing tension between the most adversarial clients in the history of law, we humbly say thank you.

To all the GOVERNMENT ASSISTANTS & AIDES who distanced themselves from their families for all these years, passing up less stressful opportunities to advance a common purpose far greater than their personal interests, we humbly say thank you.

To all the ENVIRONMENTALISTS & ACADEMICS who sacrificed their career best interests to lobby on behalf of the betterment of the human condition, speaking up for the abused and beleaguered while always sustaining planetary health, we humbly say thank you.

To all the BANKING & EXCHANGE STAFF who have toiled in obscurity, away from their family and friends without explanation, ever preparing for an event they knew little about, yet patiently awaiting their moment to usher us all successfully through an unprecedented gauntlet of riches, we humbly say thank you.

To all the INTEL & NEWS PROVIDERS who daily would share relevant news and information they were sworn to keep private, yet dared to pass along so the meek of the earth could gleam a sense of what's occurring in real time, we humbly say thank you.

To all the SERVICE & COMPLIMENTARY STAFF who make sure that all details were perfect for each event, each conference, each press packet, each media interview, each private meeting, each road trip, each shuttle bus, each travel schedule, each cab ride, each flower arrangement, each vegan meal and each camera ready suit that needed to be pressed just right, we humbly say thank you.  

To all the FAMILY, FRIENDS, & COLLEAGUES  who have made daily sacrifices so that we can now experience this blessing in the here and now, many of whom are still sacrificing in this moment so that our lives can be greatly enhanced as their joy and comfort continues to be put on hold, we humbly say thank you.

To all of the FALLEN HEROS who gave of their physical lives so that humanity could be spared, and so our families and communities can now blossom in their absence; you brothers and sisters have given the most by far, and we vow to honor your life by serving others with the same honor you gave to all of us.  Know all the blessings we ever give away will carry your with them your sacrifice, so to you we humbly say thank you and God bless.  

There are just so many praise worthy people to acknowledge on this GCR/RV journey, if we missed anyone who served as a "HIDDEN GEM", please include yourself now, consider your work recognized, your efforts appreciated and your life purpose admired from the top of our lungs to the bottom of our hearts--we humbly say THANK YOU one final time to all that made a difference in our lives and placed us upon such a righteous and narrow pathway of mercy.  

Offered with infinite love and gratitude,

The BIG Call Family

Bruce, Kent, Sue, Bob, Paster Stephen, Robert, Yosef
Posted by enerchi at 7/23/2016 08:51:00 PM

Thanks to enerchi at: http://www.ascensionwithearth.com

6RV/GCR Weekend Chatter Empty Re: RV/GCR Weekend Chatter Sun Jul 24, 2016 10:50 am

PurpleSkyz

PurpleSkyz
Admin

Dinar Revaluation Schemes Probed By FBI   RV/GCR Weekend Chatter I_icon_minitimeSat Jun 20, 2015 8:39 am
RV/GCR Weekend Chatter I_icon_quote RV/GCR Weekend Chatter I_icon_edit RV/GCR Weekend Chatter I_icon_delete RV/GCR Weekend Chatter I_icon_ip RV/GCR Weekend Chatter I_icon_report RV/GCR Weekend Chatter Empty


As the FBI investigates Iraqi Dinar dealers, do you suspect that there’s something amiss with the troubled currency?

For years, I’ve been reporting that sellers of the currency haven’t been on the up and up about its prospects.
The pitch has been simple: Buy the dinar and get rich — when, and if,  it’s revalued.

Sellers of the dinar have promised untold thousands of investors that they would make out like bandits when the Iraqi government established a new value for their currency, which is only worth a fraction of the dollar’s value.

But to date, the Aladdin-like payday didn’t happen, although myriad sellers have been pumping the Internet full of fake news on imminent revaluations for years.

As you can see from reading any news account on what’s happening in Iraq, it’s effectively shredded into three, maybe four sectarian areas. The insurgent Sunni group ISIS (or ISIL or Daesh), controls the Western part of the country and Mosul, the oil-producing city. The Kurds control the Northeast. And various Sunni and Shiite groups control the rest. It’s a catastrophe, both from a humanitarian and political standpoint.
That leaves the dinar in a a basket of woe. Will it be revalued to make all of its holders rich? It seems unlikely given the chaotic political situation, which is even worse than before the U.S. invaded after 9/11.

So what are dinar peddlers actually selling? Well, paper for one thing. Extreme, unrealistic hope for another.

A bevy of state agencies have warned against buying the dinar as an investment as have I (several times over the past several years). You’d be better off holding your money in a FDIC insured savings or checking account, which pays almost no interest.
Here’s what the FBI said of its probe:

“The FBI and Internal Revenue Service – Criminal Investigation (IRS-CI) are investigating a currency investment scheme involving the Iraqi dinar and certain other foreign currencies.
Since the 2003 Iraq war, various promoters have claimed that the Iraqi dinar will undergo a “revaluation,” meaning that dinar holders would make enormous profits.



Many of these promoters claim to have high-level sources in the government or the financial industry. Several state agencies, major financial institutions, and consumer protection groups have cautioned that this is a scam.”


The latest wrinkle in the dinar drama, though, comes not from Washington, but from Atlanta.

Investigators are probing the business dealings of Tyson Rhame, whose Sterling Currency Group is a major dinar dealer. 

According to the Triad Business Journal:
Investigators claim the company, which acts as a buyer and seller of the Iraqi dinar, has been defrauding investors by spreading false information about buying the Iraqi currency as an investment.


The FBI has been investigating schemes involving the purchase of Iraqi dinar…That revaluation has not occurred, and many believe it will never occur, the court filing indicates. Revenue for the company swelled from $26 million in 2010 to $245 million in 2011, and it topped $100 million in 2012 and 2013, according to the filing. Through the first nine months of 2014, the company saw $85 million in revenue.


In response to a request for comment, an attorney representing Rhame offered a written statement that also appears on Sterling Currency Group’s website.


The statement says that Sterling Currency Group was “completely surprised by the recent federal complaint and strongly denies any allegations of wrong doing.”


What You Can Do

If you’re working with a legitimate dealer, they should buy back your dinar.

Of course, they will probably charge you a commission again and value the currency at today’s prices, so it’s almost certain you won’t get all of your money back.

If you want to tell the FBI about your experience with a dinar seller, here’s their form. I don’t know if they’ll contact you — that’s up to them — but at least you know they’re looking into it. It’s about time.


http://www.forbes.com/sites/johnwasik/2015/06/19/dinar-revaluation-schemes-probed-by-fbi
Thanks to Ssmith at: http://www.dinardaily.net

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