TNT Conference Call

Friday, November 1, 2024

Tony’s Monologue: The three letter agencies notified us that we were on the way yesterday. That it was going to happen yesterday. Then Tony talked with the banks and they said that they were called in for an emergency meeting. That they got the green light from UST and were ready to go. That they would bring in their people over the weekend and we would start on Monday. This was confirmed with a lot of TNT contacts. Tony still believes that it won’t happen until after the election. Tony was told that he was supposed to get the 800 numbers yesterday but that didn’t happen. Tony called this morning to see if we were still on track. They said they were now on hold and would be waiting until after the election. They might still have an excuse after the election because of someone doing something stupid. Iran and the Iranian militia are complaining that the US let Israel use the Iraqi airspace to attack Iran. Iran has said they were cool with everything. The Iranian militia in Iraq is saying they are planning on attacking Israel before our election. We know there are people in Iraq that don’t want the rv to happen. We are still in a good spot. The rates are still there, the banks do have the rates on hold, and they do have a green light to go from the UST. Supposedly it could go on Monday or maybe after Tuesday. Tony is saying today that the bolivar rate might be a little higher like .33. They did go over the ZIM and those with ten or more 100T ZIM notes are going to get a higher rate. 

Q & A:

-            Will our information be held confidentially? You can ask for that or for it to be restricted from general access. You can also open a new account once you see your wealth manager and restrict or hide your information with that new account. 

-            There is a new ceasefire on the table that Hezbollah has agreed to, but we don’t know if Israel will. It has been postponed until after the elections now. 

-            Did you say that we would be getting a better rate on ZIM if you have more than 10 100T notes? Yes, and if you have the equivalent of more than ten 100T notes. Will Chase take the ZIM? According to Tony, no. 

-            Why are the banks holding this up now and not doing it? Tony doesn’t know and it leaves time for people to do something stupid. Tony thinks Hamas or Hezbollah might be emboldened if everyone is pushing for Israel to end the war and with Trump wanting it done before he takes office. 

-            If we have your authorization code will there be a higher rate? There might be a higher rate for the Dinar. 

-            When do you think we will see the rv after the election? Tony thinks Wednesday might be a good day. 

-            What was the highest rate you have heard for Dinar? 70 dollars is what Tony heard 12 plus years ago. Tony doesn’t know what will happen today, it is higher than 28.50, but he doesn’t know who will get it. 

Wrap Up: Ray thought it was our last call but with the new bank information it appears that we will be having a call on Monday. The banks changed things and said they are holding this until after the election. You never know though; they could change their minds and do it. The numbers are still there. There is still a live rate. The banks did get the go, and they could still go at any time. Tony has not heard from the Fed Res today. Be ready.