TNT Conference Call

Friday, July 19, 2024

Tony’s Monologue: The banks are saying they have been told in their meetings that the currency event has already occurred. This is good because the banks are telling their people. Currency people are being told that it will be 4.11 when it goes live. Some folks were saying this weekend and now we are here. They had the WTO meeting, but nothing came out of it. There has been nothing said about them getting in. The next WTO meeting will be in the first quarter of 2025. We don’t need this for the rv to happen. We are here and still waiting. We do not have to wait until the first quarter of 2025. It can’t wait with all these countries waiting and ready to do business. The banks have it on their back screens. Everyone is saying it has already happened. We are just waiting for it to pop. Everything looks good. Tony thinks we are ready to go. Tony did have someone go to the bank yesterday. The bank did try to get them to leave their money so they could process it. They did go over the procedures with them. Tony only got this from one bank. They had a training session yesterday for new people. They gave them six currencies and a sleeper currency. Dinar, VND, Rupiah, Real, Afghani, and the sleeper currency is the ZIM. They told them the ZIM bond note which is the 100T and 50T. Even though banks were saying they will take all of them but those were the ones they were trained on. Supposedly there is a form for you to sign acknowledging that you will pay capital gains in 2025 on this money. Possibly a 20% tax. Tony is not sure if this is a big deal or if it will even happen. The rate is 4.11. It should go again sometime after 4pm and open the window for this weekend. Everyone is ready. They have rates but just can’t authorize it. Some of the folks that have gone in have been introduced to wealth managers. From a live text to Tony, in Las Vegas a Wells Fargo had a rate on their screen of 2.98 but the individual there could not do an exchange because he is not an American. He was told anyone could come in and exchange. He did verify that it is the Iraqi dinar. 

Q & A:

-            What rate should we negotiate for our money's money? Why not the same rate and roll it over or back in under the same interest rate.

-            Once the rv occurs, what is the earliest time you will send out a text to us? Once Tony has reviewed things he will send out an email for the call. Mailchimp won’t let him send out a text before 8am eastern. We will be notified of the rv by email. 

-            New Jersey is saying there are no rates at their Wells Fargo. Tony is not sure what is going on in Vegas.

-            Any update on the Bolivar rate? Have not heard anything new. Still .37 cents.

Wrap Up: No bad news. The rates are still there, definitely on the back screen. For some reason, some banks are saying they can see rates on their front screens. We do have one Canadian at a bank in Vegas that has confirmed that they have a rate of 2.98 on their screen for the dinar. Trying to get this verified. There is a good chance we will see this over the weekend. Everything is done. We are not waiting for the WTO. We should be encouraged that the bank said that the event has already occurred. It is just waiting to get started. Hopefully tonight or tomorrow morning. The sleeper currency that we were talking about was the ZIM and it should be there. We are in good shape.