Friday, September 8, 2023
Coffee with MarkZ and Mr. Cottrell 09/08/2023
"RV UPDATE" BY FRANK26, 8 SEPT
Frank26
If they [the bank] made a profit off of you, shame on you. Don't let them make a profit off of you. You're Mr. Clampett and they're Mr Drysdale. Act accordingly. You have the power.
I don't care if you go in there with 500,000, 100,000, don't let them treat you stupid. The bank is not your friend. They have laws that do not allow them to be your friends.
There's no such thing as an NDA...'Here, sign this. I don't want you to say a single word about what you're seeing ok?' | "Whatcha gonna do?" | 'I don't know.' |
"What are you going to take me to court with an NDA? You think they're going to recognize it? You think this is a legal term?" | 'No.' | "Then get out of my face NDA! "
Bank friend believes the rate is 1132. The CBI deputies have to post that on their page by law if not International...he thinks the official rate will not be shown to anyone right now. But he keeps telling me with force that he thinks it's 1132 unofficially known to everyone...
He stands behind this. FRANK: How many times have they come out and told you the exchange rate is 1132. They tell you not to pay attention to the lie of the street rate which is 1320. They keep repeating it to you for a very good reason... [NOTE: You can always see the official CBI listed exchange rate in the left column of this page.]
Question: "Will we have to pay any kind of tax after or during the exchanging of the dinar for American dollars?" When you go to the bank and you present your dinar...don't leave your eyes off of them. You make sure that you see your account has been credited...
At that point they are not going to say to you, 'Ok Mr Frank you have 1 million dinars you owe $300,000 in taxes.' A bank doesn't collect taxes. They're not made to do that...They don't have the facilities to collect taxes from you as an individual... [NOTE: Consult your tax professionals so you pay the right amount of tax for your unique situation.]
If we had about a million Americans citizens all of a sudden came out millionaires instantly that would be a really good shot in the arm for America's structure wouldn't it? It would...
"STATUS OF THE RV" BY DINAR IRAQ & DONG VIETNAM, 8 SEPT
STATUS OF THE RV
Automated teller machine... The Middle East is a meeting point for foreign investment capital, 8 SEPT
Automated teller machine... The Middle East is a meeting point for foreign investment capital
An American report described, on Thursday, sovereign wealth funds in the Middle East as an "automated teller machine" for those looking for funds for major investments, referring to the large amount of liquidity that these institutions possess.
The American newspaper, The Wall Street Journal, indicated that “large companies looking for capital have made these funds their destination, while the regimes of the countries of the region are seeking a greater role at the global level, and they can play a greater role, especially in light of the withdrawal of major Western financiers from many countries.” investments, especially with high interest rates
According to the newspaper, major mergers and acquisitions witnessed an increase in interest from major funds, the most recent of which was the purchase of the Abu Dhabi fund of the investment management company "Fortress" for more than two billion dollars, while the Saudi fund purchased the aviation unit of Standard Chartered by about $ 700 million.
According to the American newspaper, companies and funds supervised by the National Security Adviser in Abu Dhabi, Sheikh Tahnoun bin Zayed Al Nahyan, recently moved to buy Standard Chartered Bank and Lazard Investment Bank.
It concluded deals for a British health company worth more than $ 1.2 billion, in addition to acquiring part of a giant Colombian company working in the field of food products, the newspaper says.And the dominance of these funds in the acquisitions market appears, as the securities obligations of the Saudi Public Investment Fund increased to $ 56 billion in 2022, up from $ 33 billion in 2021, while the securities obligations of the Abu Dhabi Mubadala Fund doubled to $ 18 billion in 2022.
Peter Jaderstein, founder of the investment company "Good Advisor", likened what is happening in the Middle East to "the gold rush that occurred in the United States in previous years," according to what he told the newspaper.
The "Wall Street Journal" quoted investment fund managers as saying: "They often wait in front of their competitors in the waiting rooms of sovereign wealth funds."
They added that "Managers from Silicon Valley and New York are almost always present in the halls of the Four Seasons Hotel and other luxury hotels in Abu Dhabi."
The newspaper pointed out that the Riyadh conference, which will be held next month and is known as "Davos in the Desert", is likely to be a magnet for money hunters, unlike what happened about 5 years ago when it witnessed a wave of withdrawals by executives after the killing of journalist Jamal Khashoggi in his country's consulate.
Hundreds of CEOs and leaders of the financial sector are expected to arrive in Riyadh to attend the conference, in which Saudi Arabia is trying to highlight the kingdom's geopolitical strength, according to a previous report by Agence France-Presse.
An optimistic vision.. The demand for the dollar will decrease and it may disappear from the informal market, 8 SEPT
An optimistic vision.. The demand for the dollar will decrease and it may disappear from the informal market
RV UPDATED BY TEXAS SNAKE, 22 NOV
Texas Snake Banker will call me Sunday morning to confirm on Sunday morning but at this point in time, he has all his exchange specialis...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...