Dinar Gurus: JonnyWG & BellaGrits Q & A at 3sintel Sat. Afternoon 02/18/2012
jjonnywg] Please note that as at this afternoon several things are happening.
China vp left and stated mission accomplished’
China vp left and stated mission accomplished’
We will see the results by next week
Today we were advised that over 10 Sr. officials of central banks resigned
The bank of international settlements have advised us that their work is complete and passed
over to be released.
[marshww] (1)why is rate reported coming out low by some ppl in the $4 range after hearing
a possible high rate for so long? how can iraq/shabs be the strongest in the ME w/that?
(2)also sooner said we could negotiate w/banks 2 get higher rate w/group!
w/ ur code do we still need 2 do that?thx 4 all u do
[BellaGrits] THE RATE IS MERELY SPECULATIVE, AS NOBODY KNOWS THE TRUE RATE. AT 3.22/3.65 THEY ARE THE STRONGEST CURRENCY IN THE ME. WITH OUR CODE, YOU DO NOT NEED TO NEGOTIATE
release of rate for cash in or exchange...thanks (of course just what you can share
[BellaGrits] CHINA LEFT---STATE OF MISSION ACCOMPLISHED
SALTYDOG] Jonny How soon do you think we will see the devaluation of the dollar
[BellaGrits] IT WILL BEGIN WITHIN 30 DAYS
eliseCA] iPad Bella or Jonny does Chase and WF being open on Monday have anything to do
with the state of the RV?
[BellaGrits] NO, THE BANKS ARE OPEN ON PRESIDENT'S DAY
dinadave7] Dear Moderators....in my mind I see the VP of China being shown that the RV was
passed to the UST and they showed him that it is downloading so he was satisfied with the results and left...would that be close?
[jonnywg] BY THE WAY BELLA IS ANSWERING ANTYING ALL ANSWERS FOR SPEED PURPOSES
BellaGrits] LIKE TRYING TO NAIL JELLO TO A MOVING TARGET....BUT YES, IT'S A GOOD
srm777] jonnywg We are under the impression that with all that happened last night, we should be seeing something this weekend. Do you feel that we will be hearing an announcement anytime soon, are we looking at Monday or Tuesday at this point? Thank You Jonnywg!
[BellaGrits] ALOT HAPPENED LAST NIGHT...ALOT IS HAPPENING TODAY....WE FEEL RESULTS WILL SHOW WE CAN UNDERSTAND SOMETIME TODAY OR TOMORROW.
cathyb] What type of account should Canadians use to cash in? Are non-interest bearing
accounts recommended to Amercians because of Dodd-Frank?
[BellaGrits] THERE ARE NO DODD FRANK ACCOUNTS IN CANADA
[dozerman] are these world wide central banks or only ours....that sounds very serious
[BellaGrits] YES, CENTRAL BANKS FROM AROUND THE WORLD
[dbsword] jonnywg CBI or global banks?
[BellaGrits] CENTRAL BANKS
[dediperk08] will they have to put new officials in place before we see rv
devildogmom] Thank you both for your time and your tireless efforts. What does it mean, that
10 sr officials of central banks resigned?
[BellaGrits] NO COMMENT
[draavmorris2] or are you thinking more like the end of the month?
[BellaGrits] draavmorris2 NO
[Garlando] So when you say "passed over to be released", does that mean it was passed over
to Shabibi?. thanks...
BellaGrits] THIS IS AN ANY HOUR POSITION
[HSWGOLF] jonnywg bis released to whom??
BellaGrits] TO THE UST
DrRod] jonnywg Does the statement "results by Next Week" mean from Monday through Sunday?
BellaGrits] DrRod RESULTS BY MONDAY
[LINDEEE] jonnywg BellaGrits ...So, will the RV provide a cash infusion?
BellaGrits] LINDEEE YES
h1tophat] who accepts the codes only certian places or everyone?
[BellaGrits] th1tophat BOA, WELLS FARGO, CHASE
[sonnayhwh] On cell, Rich Queen said RV would not take place this weekend because a few
things remained to be done, but Tuesday looked good. Agreed?
[BellaGrits] sonnayhwh DISAGREE
[ncoleman5] What exactly is the code that y'all will be providing and where will that be located?
[BellaGrits] ncoleman5 IN THE FORUM WITHIN 24 HRS AFTER RV-- EXPLANATION BY THIS
MouseTrap] What is the next step for release?
BellaGrits] MouseTrap TO SHOW ON THE BANK SCREENS LIVE OR THE CBI
[jam777:jonnywg ... I thought the BIS was the final "button pusher" to initiate the rate being active all over the world at once. Would seem you cant rely on UST releasing RV at the same time as all the other central banks and BIS has always
been final electronic RV initiator.
[BellaGrits] jam777 IN THIS CASE, THE UNITED STATES IS THE HOST COUNTRY AND THEREFORE IT WILL GO THROUGH THE UST-- NOTHING FINANCIAL CAN BE CHANGED
Major] Could you define what you mean by "MISSION ACCOMPLISHED" ? and do you think the
RV will show this weekend? Thank you!
BellaGrits] Major CHINA WAS HERE TO INVEST AND REVALUE THEIR OWN CURRENCY IN NEGOTIATIONS WITH THE U.S.
[mimi49] Bella: What will begin with 30 days????...(you said "It will begin w/in 30 days)
BellaGrits] mimi49 THE DEVALUATION OF THE USD
[pastorcharlie55] Thank you to all the mods and intel givers I am grateful for your work at giving us need info May you all be blessed Please for Jodi-brat
[misskitty] Jonnywg or Bella - is the Lloyd's of London insurance we will get with the packages portable? (i.e if we move some of our cash in proceeds to other banks, can the insurance follow the money?) Thx
[BellaGrits] IT IS NOT PORTABLE
[BellaGrits] ANDIEZ1 PLS POST A QUESTION
[TheDukeOfSquirrel] What SPECIFIC result should we be looking for to confirm it was from the China meetings?
[jonnywg] notice to all....... for speed purposes bella and i are collaberating on answers with bella doing the typing
[BellaGrits] ANDIEZ1 YES...
2:55 PM [BellaGrits] TheDukeOfSquirrel THE PRESS WILL ANNOUNCE THE RESULTS
2:57 PM [imperium] If the dollar devalues it's assumed precious metals will rise. Yet jonnywg advised some days ago to stay liquid for 6 months (including not buying metals). Please clarify.
2:58 PM [BellaGrits] PLEASE DO YOUR OWN RESAERCH-- MINE IS ALL ASSETS WILL DROP--THE DOLLAR DEVALUES, PRECIOUS METALS WILL AS WELL
2:58 PM [dbsword] jonnywg BellaGrits Seams like good timing, doing this on a weekend, to work out final details, agree?
2:59 PM [BellaGrits] THERE IS NO SUCH THING AS TIMING-- WHEN IT HAPENS IT HAPPENS
2:59 PM [crafter] Some gurus state parliament still has items to take care of -- that this can't go until Tuesday. What is your take on that?
2:59 PM [BellaGrits] MEMBERS ARE PARLIAMENT ARE PUPPETS
3:00 PM [cathyb] What type of accounts are recommended for Canadians to use for deposit at cash in.
3:00 PM [BellaGrits] NO CANADIAN BANK WILL ACKNOWLEDGE OR GIVE INFORMATION
3:00 PM [susanp] Jonnywg, what is your best advice for Canadian's cashing out?
3:01 PM [BellaGrits] THE CANADIAN DOLLAR WILL NOT DEVALUE.... NOT GIVING ADVICE TO CANADIANS UNTIL POST RV
3:01 PM [wenmar] I read somewhere this morning that the IQD showed up for a short time on FOREX. Is this true adn are we still waiting for the banks to get the permission to act on the live rates?
3:02 PM [BellaGrits] ANY RATE SHOWING UP AT THIS TIME ANYWHERE ARE TEMPORARY
3:02 PM [Duguid] What was China's mission ?
3:02 PM [BellaGrits] ANSWERED
3:02 PM [adfletcher] Is there any confirmation that the wgs/pp have been released?
3:02 PM [BellaGrits] IT IS CONFIRMED THEY ARE IN PROGRESS
3:03 PM [wyodinar] Jonny and Bella thanks for all you do. What significance does the central bank people resigning have on the position of the RV?
3:03 PM [garfield] I remember a post some time ago about Pres. O wanting it delayed until March for some reason, is he still interferring, thanks
3:03 PM [jonnywg] the canadian banks have not cooperated in any way
3:04 PM [BellaGrits] NOT THAT WE ARE AWARE OF...
3:04 PM [hollyberry] Are there more resignations coming as well as arrests on people in high ranking positions?
3:05 PM [BellaGrits] hollyberry SPECULATION IS UP TO 5000 ARRESTS AND MANY MORE RESIGNATIONS
3:05 PM [misskitty] Jonnywg - are the bank screens showing the actual rate now but just not live? If not, what is showing?
3:05 PM [crafter] I thought China was the "dealer" at the Poker table
3:05 PM [Hebrews11:1] Is the rate still showing pending live thus the release of the RV still on a timer as some have stated?
3:05 PM [Asells.] Sorry for multiple.. system stuck
3:05 PM [AndieZ] Sorry - screen froze -
3:06 PM [Asells.] so answer 1 misskitty
3:06 PM [BellaGrits] misskitty BANKS SCREENS ARE BLANK PENDING UPLOADING LIVE
3:07 PM [BellaGrits] crafter CHINA IS THE DEALER AND OWNS THE TABLE AS WELL
3:07 PM [BellaGrits] ....BUT THEY NEED PLAYERD TO MAKE MONEY
3:07 PM [BellaGrits] PLAYERS
3:08 PM [BellaGrits] Hebrews11:1 ANSWERED...... NEXT
3:08 PM [GrannieAnnie] Putting our money in the Dodd Frank Non Interest Bearing Account...will that protect us from the Devaluation of the USD?
3:08 PM [BellaGrits] GrannieAnnie YES, THE DODD FRANK ACCT WILL BE BACKED BY THE UST
3:08 PM [1england] Jonnywg what do you recommend we do with our $$ in 401Ks and savings when the USD devalues?
3:09 PM [BellaGrits] 1england BECOME LIQUID....DEPOSIT IN NON-INTEREST BEARING ACCT (DODD FRANK)
3:09 PM [TheDukeOfSquirrel] If the devaluation of the dollar will begin in 30 days, does that mean folks should roll dollars to more stable currencies like Canadian and Austrailian as swiftly as possible?
3:11 PM [BellaGrits] TheDukeOfSquirrel THE DEVALUATION IS WITHIN 30 DAYS.....IF YOU CHOOSE TO MOVE YOUR MONEY TO A MONEY MARKET ACCT, CURRENCIES LIKE THE
3:11 PM [letitbe] The dollar is not worth a dollar now, something like 70 cents. But we still use it as it is worth $1.00. How will it affect us when it devalues more? Would it only be internationally devalued?
3:12 PM [BellaGrits] letitbe THAT IS CORRECT; HOWEVER, THE DOLLARS IN THE UST DODD FRANK ACCTS WILL NOT DEVALUE INTERNATIONAL....AS THEY WILL BE BACKED BY GOLD/PRECIOUS METAL STANDARDS
3:12 PM [ROTC] Can you list the ten countries which were effected by these resignation?
3:13 PM [BellaGrits] ROTC CONFIDENTIAL--PRESS WILL RELEASE (NEXT)
3:13 PM [xyz] BellaGrits if usd is going to devalue, are we better of exchanging to another currency like canadian, uk etc?
3:13 PM [BellaGrits] xyz POSSIBLY, BUT THIS WOULD BE FOR EXPERIENCED CURRENCY PEOPLE
3:14 PM [dozerman] Johnny and Bella, This is serious.....word about PP and WGS....THAT some higher ups would cooperate and some would NOT.....I guess the would nots are being influenced to step asided....do you look at it this way thanks
3:14 PM [BellaGrits] SEEK PROFESSIONAL HELP
3:14 PM [BellaGrits] dozerman WGS AND PP -- WE DO NOT HAVE ENOUGH SPACE HERE TO ADDRESS THAT SITUATON
3:15 PM [Blessings] BellaGrits So then anything vested in dollar assets will immediately begin to drop in value.
3:16 PM [BellaGrits] Blessings ANYTHING INVESTED IN THE STOCK MARKET, MUTUAL FUNDS, BONDS, GOLD, PRECIOUS METALS, COMMODITIES, OR ANY OTHER ASSET INVESTMENT INCLUDING THE USD WILL REVALUE....THIS IS A GLOBAL RESET OF PRICING
3:16 PM [BellaGrits] NOT REVALUE BUT DEVALUE CORRECTION
3:17 PM [..tigger1] Is Do the bank packages have a step-by-step and what we have to do with the bank? or do you have to be a financial guru to understand how to use them?
3:17 PM [BellaGrits] ..tigger1 STEP BY STEP PACKAGE-- TAKE TO THE BANK
3:17 PM [LINDEEE] jonnywg, BellaGrits ....US is host country, currently on a timer (which will reset in case of anything unforseen )...do we anticipate anything further to cause a reset or are we still proceeding with original timer initiation? As a followup, any 11th hour catastrophes expected?
3:20 PM [BellaGrits] US IS THE HOST COUNTRY--THE TIMER EXPIRED SEPT 1.......OBVIOUSLY THE TIME IS NOT IMPORTANT.....NO FURTHER CATASTROPHES FORSEEN AT THIS TIME
3:20 PM [2shoes] Do you think Warka Bank updating their coding software on Friday and today has anything to do with the rv?
3:20 PM [BellaGrits] 2shoes NO
3:20 PM [9 BALL] BellaGrits Do you have any information on the VND???
3:21 PM [BellaGrits] 9 BALL LATEST QUOTES FROM .10 - .30 CENTS
3:21 PM [OBXLady1] If cash in is Monday...will we get Treasury or Fed notes?
3:22 PM [BellaGrits] OBXLady1 UNKNOWN
3:22 PM [South] Do you have a name or website that we can buy Lloyds Insurance
3:22 PM [BellaGrits] South GOOGLE LLOYDS BUT CHECK OUT THEIR FINANCIAL STATUS AND STABILITY BEFORE USING THEM
3:22 PM [artle01] Bella. Any truth that there's a rate on "back screens" ?
3:23 PM [BellaGrits] artle01 NO
3:23 PM [Kansaschick] I am a bit confused. If we are to keep cash-in liquid and postpone investing for 6 months but dollar will start to devalue within 30 days, do we just sit back and watch our money slowly vanish?
3:24 PM [BellaGrits] Kansaschick FEDERAL RESERVE DOLLARS WILL DEVALUE / US
3:24 PM [bookings] Will the dinar dealers have the rate as soon as it goes live?
3:24 PM [BellaGrits] bookings EVERYONE WILL HAVE THE RATE
3:25 PM [Dimples] So - is UST back in lockdown?
3:25 PM [BellaGrits] Dimples KEY PERSONNEL ONLY
3:25 PM [AndieZ] With regard to a previous answer, are you saying that Lloyds of London may not indeed be stable?
3:26 PM [BellaGrits] AndieZ IT'S UP TO YOU TO FIND OUT ;)
3:26 PM [golfnut] Bella what's going to happen within 30 days/
3:26 PM [BellaGrits] golfnut NEXT
3:26 PM [newsman] Does the U.S. government (REALLY- REALLY) have the money to pay out at this time, considering the national debt we have? Thanks for your hard works.
3:27 PM [BellaGrits] newsman PAYOUT WHAT?
3:27 PM [machiej] I have heard through the chats that 5th Third Bank will accept the bank package codes that you have prepared. Do you agree with this? Thank you!
3:27 PM [SALTYDOG] Bella Will the US Stock Market drop along with the devaluation of the dollar
3:27 PM [from ~ jodi] Hey Bella!!! When you disagree with Tuesday looking good, is that because you see it sooner?? Thanks!!!
3:28 PM [Asells.] sorry locked up again
3:28 PM [BellaGrits] machiej 5TH 3RD HAS NOT STEPPED UP TO THE PLATE.....THEY WISH NOT TO PARTICIPATE
3:29 PM [Asells.] saltydog next
3:29 PM [BellaGrits] SALTYDOG YES......PLS READ ABOVE ANSWERS, TY
3:29 PM [Asells.] next from~jodi
3:30 PM [BellaGrits] from ~ jodi YES, TY
3:30 PM [sonnayhwh] Will the UST come in gradually or at once, iyo?
3:30 PM [BellaGrits] sonnayhwh AT ONCE-- TY
3:30 PM [Shooter] So The BIS released to the Central Banks "For us our UST". The Central Banks of the worlds are sending the rates to the varoius banks of their country, right?
3:30 PM [BellaGrits] Shooter THAT IS CORRECT, TY ...........
3:31 PM [loadplane] Good afternoon and thank you so much ......With devaluation, will our money after exchange be worth less....
3:31 PM [BellaGrits] loadplane NO
3:31 PM [linenman1] does it mean china wanted a higher rate for the vnd
3:31 PM [BellaGrits] linenman1 3SINTEL WAS ASKED NOT TO PARTICPATE IN THOSE MEETING :)
3:32 PM [imperium] How will this devaluation of the USD in 30 days affect precious metals?
3:32 PM [BellaGrits] imperium MARKET CONDITIONS WILL AFFECT ALL ASSET CLASSES INCLUDING THE USD/PRECIOUS METALS
3:32 PM [parkerro] BellaGrits What happens to the value of the funds in our bank if the USD devalues does it devalue as well?
3:33 PM [BellaGrits] parkerro IF IT IS IN A PROTECTED ACCT, IT WILL NOT DEVALUE
3:33 PM [gab44] I'm standing with you guys period....but is there anything you guys agree with that Kaperoni has said......or are you on two totally different pages?
3:34 PM [BellaGrits] gab44 TWO TOTALLY DIFFERENT BOOKS
3:34 PM [kouty] did you ever get a confirmation on the lower denoms and/or coins being in use on the iraqi streets?
3:34 PM [BellaGrits] kouty WE SHOULD HAVE CONFIRMATION ON THE LOWER DENOMS TOMORROW
3:35 PM [dinardoc] will retirees still get the same number of dollars directly deposited into banks and credit unions?, and use those dollars to pay bills? or should we immediately put them into money markets and pay from there?
3:36 PM [jonnywg] dinardoc get $$ direct deposited to dodd frank acct or mooney market acct
3:36 PM [FreewayBill] Would it be true to say that a dollar is still going to be a dollar and the main difference you will see in the devaluation is that your dollar will not go as far when buying imported goods such as gasoline, foreign made clothing, etc.?
3:37 PM [BellaGrits] FreewayBill THAT WOULD BE A GOOD ASSESSMENT, TY
3:37 PM [SiriusVoid] Will purchase of T-Bills be a hedge against US dollar depreciation?
3:37 PM [HSWGOLF] BellaGrits jonnywg thank you for clear and concise responses to some difficult questions..foreign currency experts will be very helpful for many.would you strongly recommend adding such a professional to our advisory team????
3:39 PM [AndieZ] Q&A over at 2:45 PM CST. Apologies if we were not able to get to all the questions
3:41 PM [BellaGrits] SiriusVoid KNOCKED OFFLINE SORRY--REFER TO OTHER ANSWERS REGARDING ASSETS
3:41 PM [codreamer59] Do you have any other suggestions besides Lloyds of London for insuring/ our money?
3:41 PM [sixwings] Still confused ... I thought an earlier post mentioned Lloyds of London insurance as part of the Bank packages. Are we not to trust that part of the package without our own investigation?
3:42 PM [BellaGrits] HSWGOLF YES
3:42 PM [AndieZ] Both Lloyds questions...
3:42 PM [BellaGrits] codreamer59 NO
3:42 PM [dguru] is it still cash all in the first 24 hrs
3:43 PM [BellaGrits] sixwings SEE BANK PACKAGE....PLS DO YOUR OWN INVESTIGATION
3:43 PM [Writer] What will happen with supermarket prices, foods, other necessities of life?
3:43 PM [Asells.] dguru then writer :)
3:43 PM [BellaGrits] Writer MY ASSUMPTION IS THEY WILL GO UP....NOBODY CAN KNOW FOR SURE
3:44 PM [BellaGrits] dguru WE DO NOT KNOW FOR SURE BUT FEEL THERE IS NO RUSH
Dinar Recaps Note: For our posting on BANK PACKAGES, see THIS POST we did.