Transcript of Streaming Updates call with BGG – Tuesday, February 26, 2013 PART ONE
(Disclaimer - This is not an official transcript and every word may not get written. We did the best we could and you will likely find spelling and grammatical errors. None is intentional and no offense should be taken.)
BGG – Good morning everyone, this is BGG. The February 26th edition of Straight Talk Radio. Poppy will not be with us. He probably not going to be with us for a few days now. He is out doing ministry, actually helping out some ministries. He won’t be back until probably Friday other than maybe pop in here or there. He going to be on the road, but we’ll be praying for his safe return. He’s going to be travelling a lot, covering a lot of ground the next few days. Before we get going, I’ll say a quick prayer. Dear heavenly Father we thank you for this opportunity for every opportunity you put before us. We ask for help and healing for all our members and all the people listening here and we just ask that you help us keep you first in everything you do and say. In Jesus’ name. Amen I know this call has stirred a little bit of buzz and the topic of it was the real timing for the Iraqi RV. I’m going to get to that. I’ve got a ton of stuff to cover here, made some extensive notes that a lot of stuff I want to get across to you and I’m sure I’ll miss some stuff. We’ll keep bringing updates as we can. We want to say a quick thanks to all of our moderators. All of our VIP members over at the chat site and the forum at dinarupdates.com. They do a spectacular job of gathering news and all the effort that goes into making a great website. That’s all them and they do a ton of work and I appreciate so much what they do. We also appreciate Dinar Corp. for being our flagship advertiser on the website. They are a spectacular company to do business with and we’ll talk a little bit about them on this call. There’s some important points that need to be made and I’ll make sure I take the time to get those in there because here’s the thing folks, you need somebody that’s on your side and I am going to talk a lot about that on this call. Where do some of these crazy rumors come from? What is their point? We’re going to talk about some of that. Probably the last half of this call or better, I’m going to some very direct, very straight forward points to be looking for and exactly what I’m thinking and exactly what I think to be correct at this point. That’s exactly what this call is all about. To give you a very clear picture of what’s going on. If you want to get early, early updates, I’ll give you a few quick pointers here. Red Lily has a thread in our forum under the Iraq news section of dinarupdates.com where she is actually way, way, way ahead of the news curve, She typically, I don’t know what her schedule is, but she works all night long and she probably, if you want the earliest news updates you can get, her thread is for sure where you’re going to get it. Red’s thread is a very good thread to tune into on the dinarupdates forum under Iraqi News. Also chattels who may be joining me a little later on this call, he is actually a researcher by trade with a background in research, which easily explains why he covers so much ground so quickly and so efficiently. He has a very analytical approach to his research and that’s exactly what he does. He is a tremendous, tremendous resource. He does the dinar daily update thread on the forum side and then the dinarupdates.com/observer is meant to be a running commentary on all the information on a daily basis given by all the various intel providers with a little bit of accountability. Now I’m not trying to, nobody here is trying to bash anybody or hurt anybody or demean anybody, but if we see information that we know to be absolutely incorrect, we’re going to make sure that we make a note of that. They’ll get an x for that and they’ll get, you know what’s funny, I never really saw this developing is that you’ve got several information providers out there who typically get green check marks all the time and I’ll be honest, never talked to them, don’t know them, have no clue who they are, but the way that they bring news, the way that they look at it, the way that they provide information is factual, it’s accurate and it’s correct. So, that’s the funny thing about accountability is obviously you know the nefarious characters out there that essentially have no accountability and say things that are never correct, but we’ve kind of come up with a few superstars here who actually say things that are correct pretty regular and they keep a pretty good head on their shoulders. That was an interesting development. Also, the dinar updates blog, which is the blog that I write every day, it’s a news blog and both of those two, the observer and blog are meant to be evolving posts throughout the day. We’ll do a morning post. We’ll do a noon post. We’ll do an afternoon, later afternoon post, five or six o’clock and we might even potentially keep going on into the evening, depending on how the news flow is going. Keep those things in your favorites, pass them around to your email list and keep checking in to see what the developing news story is. Actually, what I’m going to talk about today could have been, had you tuned into the blog on a regular basis and kept an eye on what I was saying, you might have been able to come up with what I’m going to tell you today. Before we get there I want to talk about some information that poppy had and I’m going to kind of delve into some waters that I might not normally cover. This is very rumor oriented and I don’t normally do that, but it’s important that I do that, because what he had to say was pretty much correct and two of these sources I’ve been listening to and hearing for a year and I haven’t told anyone about them and I don’t really want, that’s not my point. We pretty much stay geared toward the news and that’s our thing, but we have been collectively listening to these guys for quite some time without a lot of comment and I wanted to kind of jump in here and talk because poppy took a pretty hard shot lately in and around various news sources and they just didn’t know what they were talking about. Let me fill you in on what’s going on her. Poppy had a lot of information he gave people over the last few days, probably since last Thursday on and essentially he was talking about a US delegation that was over in Iraq and that part of that delegation had come home. He took a lot of heat because nobody could find any articles about who the delegation was and where they were at, where they were coming from, where they were going to. And actually Kaperoni was kind enough to hop into our chat room last night and drop a few articles off and share some things that he was excited about. I’m going to talk about those today myself a little bit, but one of the things that Kap did is essentially validated everything that poppy was saying. The delegation that poppy was talking about was a US Treasury/IMF delegation. The bulk of them were US Treasury and that would sense because poppy has probably one of the best treasury sources in the game. So essentially, all that heat that poppy took over that delegation and nothing being done while that delegation was there, Kaperoni came in and pretty much, without knowing it, pretty much validated everything that poppy said. Now part of that delegation is back, part of them are still there. They have some meetings going on. There were several interesting bank side articles that Kaperoni brought out and it looks really good, even from a banking perspective, from a financial side, very, very interesting. Let me get on to another of these contacts that poppy was talking to us about. I’m going to give you a few more details. I’m going to talk about this information just for a quick second, but I’m going to, I have to leave out certain parts of this because it would put somebody, probably, in a certain amount of jeopardy. This one gentleman of Middle Eastern decent has been meeting with a mutual friend of ours for quite some time and he’s been talking to him very recently, said if he was ever in the United States, he would stop by. Over the weekend, he just showed up and he had some interesting things to say. The primary things that he had to say and I can’t tell you what part of the world he’s from or what family he’s from, who he’s associated with or any of that business, but I can tell you that, again, we have been listening to him fairly regular for an extended period of time, not necessarily pointing at a direct RV related event, but the two main things that stuck out to me that were contiguous with some other interesting sources was number one, he had actually gone through Bagdad, hadn’t been there for quite a while and he said the amount of progress in Bagdad in the amount of infrastructure being built and the amount of activity going on there is just breath taking. Hadn’t been there in a couple of years and it just looks like a boomtown, just going like gangbusters. Now you’ve got to remember, they’re doing all that on a very, very, very limited budget, so when they actually open these budgets, when they rv this currency, it’ll be like anything that anyone has ever seen. It’ll just be amazing. That is a very similar piece of information similar, we had a security contact who was in the security business in Kurdistan and he’d been up there for quite a while and he flew back over northern Bagdad on his way to the airport and he said the very same thing. He said there’s just construction everywhere. From an aerial view it is just breath taking. So I have to believe that both of those two were there, they saw the sights, they smelled the smell. They know what it looks like. They saw the same thing. So there’s a lot going on there. There’s some political unrest, there’s some issues going on, but the short story is this thing is moving forward correctly and they’re doing this on a limited number, so I hate to think what’s going to happen when they’re able to run on full value, full force. It’s just going to be incredible. The other part of that gentleman’s information is they intend to move back to Bagdad once the political situation stabilizes and once they are able to and once the financial structure is in place for them to operate their business effectively and they’ve been out of the country for quite a while and they’re geared up to move back any time in the very near future. He believes that, their opinion is this occurrence; this financial occurrence is probably any time in the next couple of weeks. That’s the information that he relayed. That’s not necessarily my opinion or poppy’s opinion, but that’s what’s got him excited. That’s who that gentleman is. That’s where he comes from and I will say that we’ve listened to him for a couple of years and they haven’t, the story is, his family story, his situation has been very consistent with those two additions of the fact that he has seen Bagdad and it’s exploding and they’re looking forward to come any time now with their opinion. I think that’s interesting that those two additions were made and that he showed up live and in person and is somebody that we pretty much trust. That’s where that information came from and I know poppy took a lot of heat over that, but that’s exactly who that is. He also, poppy has, I’ll call it a state contact who’s opinion is also very much the same. He’s not giving away any state secrets, but he’s convinced and his contacts are convinced that the next couple of weeks is a very interesting window to them. They believe, barring any major catastrophe that this is the right time, right place for this thing to happen. I wanted to cover those, because that’s the information that poppy was relaying. That’s what it was based on. I don’t think I gave anything away there or hurt anybody. Poppy made me just absolutely swear that I’d stay off the record with that and I have pretty much, but I wanted to fill in some blanks there and make sure people understood that those are legitimate, real contacts. That’s where they come from and that’s what’s got him so excited. Is it his opinion? He’s excited like the rest of us. Is it their opinion, I believe that to be their opinion and that’s where that comes from. I’ll say this, there could be any number of events happen between here and there that could change that, so just be very, very careful when you consume that information. I’m going to get to that consuming information in just a second. Another thing that I see in this whole community is this blasé fair attitude towards exchange and I want to caution you, people are so tied up in the whole give me an rv, give me an rv, give me an rv mindset that they have no idea what they’re walking into on the other side of this thing. In fact, chattels, who is a legal counselor, he’s a lawyer. He and I had a very long conversation yesterday about the size of task that the exchange will actually be. It’s not over when you get an rv. It’s just the very beginning of the next phase. Having money and keeping money is going to be a big, big job and there are people who listen to this thing is that their whole being is tied up into getting there. Don’t make the other side of this thing the saddest thing that’s ever happened to you is all I’m saying. Be very careful about this. Just exactly about this information that I pointed out about poppy, there’s numerous things that could happen along the way that would potentially alter that. The same thing goes for the exchange portion of this thing. There are a thousand different variables that could change the outcome. Ok? There are spreads, there are tax implications. There’s just numerous, numerous things for you to look at and I would caution you to just take a deep breath, sit back and look at some options before you jump into anything head first. Before I get going with what is actually the real time line on this thing, I want to ask you a question and I laid all this information out for you because I want you to stop and think for a second about who’s really on your side. All I’m doing, I want every person listening to this call to think about who’s on your side. Would you rather have information that’s fact based? Information that is verifiable? Information that we’re accountable for? One of the reasons that we do the observer is accountability and I’m even going to be accountable for a statement I make here in a little bit. But would you rather have somebody that who’s accountable for what they say? Who advocates only buying the dinar that you can hold in your hand or endorses guaranteed reserves? Ask yourself, who’s the big beneficiary in that situation? Who benefits most there? And the point is, you need to come to the conclusion that you do. You need to put yourself in a position more often that you have a fighting chance. This business about every poster on the internet reposting every sacuitus(?) rumor that they run across with no accountability whatsoever hurts you, the average person. You’re the only one it hurts. And then this business about, for instance, recaps posting everything they can get their hands on and tossing out the good stuff and only posting the stuff that has no strings attached to it and then flipping their wig when someone talks about a guaranteed reserve, that should be a dead giveaway. That should be a perfect tell as to who is in the bag for who. So you’ve got to ask yourself, if somebody posts every sacuitus(?) rumor that they can get their hands on, they don’t want any accountability, they don’t want to be held accountable for anything that they say and they’re in the bag for all this naked reserve business, who’s side are they on? And the answer should be fairly simple. They’re not on your side. So my point is this. Make sure that you listen to people, make sure that you deal with people, make sure you give yourself every fighting chance that you can. Because it’s still hard to make it out there. You know the point is, over the last several years, this is the point. The playing field has not been level. It’s been slanted against you in every way, shape and form. You have people on commission passing around rumors that are absolutely not true and they know that they’re not true and they pass them around for no reason other than for personal gain. And then, the whole buying game is slanted against you because what do you have in the case of a naked reserve where you put your money down and then you have no chance of ever making good on that reserve and you have no chance of that information of ever being correct. Guess what? The game is rigged.