Currencyt Exchange informatiom 2014.doc

7

QUESTIONS TO ASK YOUR CURRENCY DEALERS:

1. CAN YOU COVER RESERVES & LAYAWAYS?

2. IS YOUR FIRM LIQUID TO COVER THE CURRENCY ON RESERVE/LAYAWAY?

3. IS YOUR FIRM COVERING THE RESERVE/LAYAWAY BASED ON CREDIT?

4. DOES YOUR COMPANY HAVE THE PHYSICAL CURRENCY ON HAND IN INVENTORY, IF I WANT THE CURRENCY ONCE THE RATES GO LIVE?

5. HOW LONG WILL IT TAKE YOU TO GET THE PHYSICAL CURRENCY ONCE THE RATES GO LIVE AND CURRENCY PRICES CHANGE?

6. WHAT WILL THE TURN AROUND TIME BE ON PHYSICAL CURRENCY DELIVERY?

7. CAN I PICK UP THE CURRENCY FROM YOUR COMPANY?

8. IN THE EVENT YOUR FIRM CAN NOT HONOR RESERVES WHAT IS THE CONTINGENCY PLAN?

9. WHERE DOES YOUR FIRM GET THE PHYSICAL CURRENCY FROM?

10. WHAT IS YOUR SHIPPING/INSURANCE CRITERIA FOR REVALUED CURRENCY?

11. WILL YOUR FIRM HAVE MULTIPLE LOCATIONS FOR PICK UP AND EXCHANGE?

12. WHAT IS THE WIRING PROCESS WITH YOUR FIRM AND HOW WILL THAT WORK?

13. IF CERTIFIED CHECKS ARE NEEDED HOW WILL THAT PROCESS WORK?

14. WHAT BANKING INSTITUTION WILL YOU BE DOING WIRES WITH?

15. HOW DOES THE ONLINE BUY SELL PROCESS WORK?

16. IS YOUR FIRM STAFFED TO HANDLE VOLUME AT EXCHANGE?

17. DOES YOUR FIRM HAVE CREDIT TO COVER RESERVES?

18. WHAT WILL YOUR OPERATIONAL HOURS BE AT EXCHANGE?

19. DOES YOUR FIRM WORK WITH MULTIPLE BANKS?

20. CAN YOUR FIRM DO LEDGER TRANSFERS?

21. IF YOUR STAFF IN PLACE TO HANDLE CALL VOLUME?

22. HOW WILL THE PROCESS WORK ONCE THE RATES CHANGE AND YOUR FIRM DOES NOT HAVE THE PHYSICAL CURRENCY IN HOUSE TO COVER PHYSICAL CURRENCY PURCHASES?

23. EXPLAIN HOW THE LAYAWAY OPTION ON AN OPTION FOR CURRENCY WORKS AND WHO DO YOU PURCHASE YOUR CURRENCY FROM?

24. IN THE EVENT YOUR SUPPLIER CAN NOT DELIVER THE CURRENCY ONCE RATE CHANGES WHAT IS YOUR CONTINGENCY PLAN?

25. CAN YOU EXPLAIN YOUR POLICIES AND PROCEDURES IN DETAIL?

26. WHERE CAN I CHECK YOUR FIRMS CREDIT RATING?

27. DO I HAVE ANYTHING TO WORRY ABOUT WITH RESERVES & LAYAWAYS WITH YOUR COMPANY?

28. MANY DEALERS HAVE GONE OUT OF BUSINESS AND STOPPED RESERVES AND LAYAWAYS. HOW DID YOUR FIRM AVOID THAT PROBLEM?

29. WILL YOUR COMPANY HAVE NATIONWIDE EXCHANGE LOCATIONS?

30. IS THERE ANYTHING I SHOULD BE CONCERNED ABOUT?

31. IN THE EVENT YOUR COMPANY CAN NOT GET THE PHYSICAL CURRENCY FOR MY RESERVE WHAT WILL TAKE PLACE BASED ON YOUR POLICIES & PROCEDURES?

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7 QUESTIONS FOR TODAY

Tuesday, March 25, 2014

7:37 PM

1. HOW MUCH DO YOU KNOW ABOUT THE CURRENCY YOU HAVE PURCHASED?

2. HOW MUCH DO YOU KNOW ABOUT THE COUNTRY YOU HAVE PURCHASED CURRENCY IN?

3. HAVE YOU DONE ANY RESEARCH OR DUE DILIGENCE ON THE CURRENCY YOU HAVE?

4. DO YOU READ WHAT IS TAKING PLACE IN THE COUNTRY YOU HOLD CURRENCY IN?

5. DO YOU KNOW ANYTHING ABOUT THE MONETARY POLICY OF THE COUNTRY YOU HOLD CURRENCY IN?

6. DO YOU MAKE INVESTMENTS BASED ON WHAT OTHERS TELL YOU OR DO YOUR OWN RESEARCH?

7. DO YOU THINK IT IS IMPORTANT TO KNOW ABOUT THE COUNTRY YOU HOLD CURRENCY IN?

GO TO THIS LINK AND CLICK THE COUNTRIES YOU HOLD CURRENCY IN

http://www.imf.org/external/country/index.htm

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7 QUESTIONS ABOUT YOUR IQD INVESTMENT FOR THE MORNING


7:40 PM

1. DO YOU KNOW WHAT HCL IS?

2. DO YOU KNOW WHAT ARBIL IS?

3. DO YOU KNOW WHAT THE STRATEGIC FRAMEWORK IS?

4. DO YOU KNOW WHAT ARTICLE VIII WITH THE IMF IS?

5. DO YOU KNOW WHAT ARTICLE XIV WITH THE IMF IS?

6. DO YOU KNOW WHAT THE IMF ARTICE IV REVIEW IS?

7. DO YOU KNOW WHAT THE OIL AND GAS LAW IS ?

8. DO YOU KNOW WHAT THE G.O.I IS?

9. DO YOU KNOW WHAT THE C.O.M IS?

10. DO YOU WHAT AN MP IS?

Visit stage3alpha at: http://s3alpha.net/?xg_source=msg_mes_network

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5 QUESTIONS FOR TODAY


7:43 PM

1. HOW ARE USA BANKS ABLE TO ISSUE SKR'S OR A NON REGISTERED CURRENCY?

2. HOW ARE USA BANKS ABLE TO MONETIZE SKR'S ON A CURRENCY THAT IS NOT INTERNATIONALLY TRADEABLE?

3. HOW ARE USA BANKS ABLE TO SECURITIZE SKR'S ON A CURRENCY THAT IS NOT INTERNATIONALLY TRADEABLE?

4. HOW ARE USA BANKS ABLE TO COLLATERALIZE SKR'S ON A CURRENCY THAT IS NOT INTERNATIONALLY TRADEABLE?

5. WHAT ENTITY HAS AUTHORIZED AND ALLOWED USA BANKS TO BREAK THESE BANKING LAWS AND USE A CURRENCY THAT IS NOT INTERNATIONALLY TRADEABLE?

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Representative Exchange Rates


7:45 PM

Representative Exchange Rates for Selected

Currencies

Last update: March 25, 2014, 18:53:09 ET

Exchange Rate ArchivesDownload this file

TSV -- TSV tips

Representative Exchange Rates

Currency

Note

Value as of March 25, 2014

Euro

(1)

1.37890000

Japanese Yen

102.20000000

U.K. Pound Sterling

(1)

1.65020000

U.S. Dollar

1.00000000

Algerian Dinar

78.26110000

Australian Dollar

(1)

00.91360000

Bahrain Dinar

00.37600000

Botswana Pula

(1)

00.11280000

Brazilian Real

2.32480000

Brunei Dollar

1.26770000

Canadian Dollar

1.11760000

Chilean Peso

562.70000000

Chinese Yuan

6.14260000

Colombian Peso

1,993.85000000

Czech Koruna

19.88000000

Danish Krone

5.41350000

Hungarian Forint

225.89000000

Icelandic Krona

113.67000000

Indian Rupee

60.49350000

Indonesian Rupiah

11,357.00000000

Iranian Rial

25,296.00000000

Israeli New Sheqel

3.49000000

Kazakhstani Tenge

182.02000000

Korean Won

1,079.70000000

Kuwaiti Dinar

00.28140000

Libyan Dinar

(2)

1.93240000

Malaysian Ringgit

3.29950000

Mauritian Rupee

30.05100000

Mexican Peso

---

Nepalese Rupee

97.25000000

New Zealand Dollar

(1)

00.85440000

Norwegian Krone

6.04830000

Rial Omani

00.38450000

Pakistani Rupee

97.97730000

Nuevo Sol

---

Philippine Peso

45.21200000

Polish Zloty

3.03420000

Qatar Riyal

3.64000000

Russian Ruble

35.93160000

Saudi Arabian Riyal

3.75000000

Singapore Dollar

1.26770000

South African Rand

10.77285000

Sri Lanka Rupee

130.64970000

Swedish Krona

6.40420000

Swiss Franc

00.88340000

Thai Baht

32.51100000

Trinidad And Tobago Dollar

6.41350000

Tunisian Dinar

---

U.A.E. Dirham

3.67250000

Peso Uruguayo

22.78200000

Bolivar Fuerte

6.28420000

Notes:

These representative exchange rates, which are reported to the Fund by the issuing central bank, are expressed in terms of currency units per U.S. dollar, except for those indicated by

(1)which are in terms of U.S. dollars per currency unit, and those indicated by.

(2)which are expressed in terms of currency units per SDR.

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7 QUESTIONS ABOUT YOUR IQD INVESTMENT FOR THE MORNING


7:47 PM

1. DO YOU KNOW WHAT HCL IS?

2. DO YOU KNOW WHAT ARBIL IS?

3. DO YOU KNOW WHAT THE STRATEGIC FRAMEWORK IS?

4. DO YOU KNOW WHAT ARTICLE VIII WITH THE IMF IS?

5. DO YOU KNOW WHAT ARTICLE XIV WITH THE IMF IS?

6. DO YOU KNOW WHAT THE IMF ARTICE IV REVIEW IS?

7. DO YOU KNOW WHAT THE OIL AND GAS LAW IS?

8. DO YOU KNOW WHAT THE G.O.I IS?

9. DO YOU KNOW WHAT THE C.O.M IS?

10. DO YOU WHAT AN MP IS?

Visit stage3alpha at: http://s3alpha.net/?xg_source=msg_mes_network

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5 QUESTIONS FOR LUNCH


8:37 PM

1. HOW MANY COUNTRIES HAVE STOPPED TRADING WITH THE UNITED STATES?

2. WHERE IS JACK LEW GOING NEXT?

3. HOW IS THIS TIED TO THE IMF REFORMS?

4. HOW IS THIS RELATED TO THE BRICS & MINT COUNTRIES?

5. DOES RUSSIA FIT INTO THIS PICTURE AND IF SO HOW?

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QUESTION # 2 FOR THE EVENING


8:39 PM

WHAT IS THE RELATIONSHIP BETWEEN THE CME, SEC, EURONEXT, ISX, IRAQ BONDS, MONETIZATION, SECURITIZATION, INSTITUTIONAL INVESTORS, NEW UNITED STATES TREASURY NOTES, GOLD CERTIFICATES, HISTORICAL BONDS, THE BANK OF INTERNATIONAL SETTLEMENTS, CHINA, AND THE RATE OF $3.71

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FINAL RECAP: 17 CRITICAL EXCHANGE TIPS


8:42 PM

1. THE USD MAY DEVALUE (PLAN FOR THAT)

2. DO NOT RUSH IN AND EXCHANGE ALL OF YOUR CURRENCY IMMEDIATELY

3. HAVE A PLAN FOR FRN'S AND TRN'S

4. THE RATES MAY FLUCTUATE AS THE SYSTEM RESETS (PLAN FOR THAT)

5. FOLLOW YOUR PLAN OF ACTION

6. UTILIZE ARBITRAGE TO YOUR ADVANTAGE

7. UNDERSTAND WHICH CURRENCIES ARE LONG TERM HOLDS

8. UNDERSTAND MCA ACCOUNTS

9. UNDERSTAND THE BRICS CURRENCIES

10. UNDERSTAND THE MINT CURRENCIES

11. UNDERSTAND THE WEALTH/TRUST SIDE OF THE BANK

12. MAKE SURE YOU SEE RATES YOU WILL GET ON THE SCREENS

13. FOLLOW YOUR WRITTEN PLAN OF ACTION

14. DO NOT COMINGLE EXCHANGED CURRENCY WITH FRN'S

15. LEVERAGE MULTIPLE BANKS TO YOUR ADVANTAGE

16. UNDERSTAND THE IMPORTANCE OF A THIRD PARTY (NON-BANK) WEALTH MANAGER AND FINANCIAL ADVISORY FIRM

17. IF YOU ARE UNSURE TAKE A FINANCIAL ADVISOR, ATTORNEY, ACCOUNTANT, OR BUSINESS CONSULTANT WITH YOU TO YOUR APPOINTMENT TO REVIEW ALL DOCUMENTS BEFORE YOU SIGN ANYTHING AND GET AN EXPLANATION FROM THE BANK ON EVERYTHING YOU SIGN AND ASK QUESTIONS.

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FINAL RECAP: 50 QUESTIONS TO ASK WHEN INTERVIEWING AN ACCOUNTANT (C.P.A.)


9:40 PM

Nothing is more frustrating than to work hard and make a pile of money, only to lose it in a law suit or to the IRS. There are core people to each and every business team. Few are more important than your accountant and your lawyer. Having been through the selection process a few times, I figured it would be worth sharing some of the wisdom we have gained.

I found an article on my final web search for a small detail while writing this post. Reading it a few times, I was incredibly stoked on Matts narrative. This is a great piece on the topic of getting an accountant for web based contractors, check it out: Accountant Showdown 2007.

The 5 Keys to Finding the Right CPA

1. Reputation

Good news travels quickly. Bad news is currently the only man-made invention that can break the time barrier. When considering an accountant, ask other business owners, lawyers and even your local IRS agent who they would recommend. The fact is, ask enough people and you will usually end up with a few good choices. We found our lawyer this way. We asked around town and all four of the people we asked referred the same woman. No contest. And they were right, she has been a true asset to our company.

Once you have a list to work from, let the interviews begin. Dont be afraid to take their time. If they arent willing to talk to you now, they probably will never give you the time you need in the future.

2. Communication

Your accountant should never be the lone gunman. They are part of a team. They protect your assets and help you gain the knowledge you need to make smart business decisions. If you dont understand what they are doing, and they cant explain it to you, run like hell. There is no easier way to get yourself in a whole lot of trouble than to allow someone to play with your money without supervision.

Start by finding an accountant who has the people skills to match your level of understanding. If you have virtually no bookkeeping experience, make sure they can explain to you what they are doing in laymans terms. Even better, find someone willing to teach you a little as you work together over time.

3. Guidance

An accountant is different from a bookkeeper. Your accountant should offer much more than just pushing your numbers around into new formations. They will help guide your business from a financial perspective. Tax planning, how much you can pay yourself, how to handle contractors vs. employees, and a lot more. Pay the money for their advice, its usually worth it.

When interviewing accountants, ask their perspective on business topics relevant to your industry. Ask if they have worked with freelancers before. Make sure they are familiar with the common perils and follies of your business type. Make sure they are familiar with the tax laws that will impact you.

4. Availability

Make sure you can talk to them when you need to. If you have to wait a week each time you have a question, it will directly affect the performance of your business. Ask what their turnaround time is after a phone call. How quickly can they usually fit you in for a face-to-face meeting? How prompt are they with email?

Our current accountant is phenomenal in all aspects except this one. Hes tough to get ahold of and it frustrates me. Frankly, it will probably be the death of our working relationship some day. For the time being though, he provides solid guidance and has been there each and every time weve needed him.

5. Protection

One of the major roles a CPA will play is to guide you in the situation of an IRS audit. Find out the level of experience your accountant has in working with the IRS. This is very important, as Im told that the audit process is often grueling and expensive. Our current accountant was an auditor for the IRS for over a decade.

50 Questions to Ask while Interviewing an Accountant

1. What licenses do you have?

2. How long have you been in accounting?

3. How long have you run your own accounting business?

4. Who are your other clients?

5. How do you calculate your fees?

6. Do you have any specialties?

7. Do you have experience with freelance independent contractors?

8. How many accountants are in the firm?

9. Have you ever been convicted of a crime?

10. Can I see the results of your accounting firms peer review report? (normally done every three years)

11. Do you consider yourself to be tech-savvy?

12. Are you active in the local business community?

13. Do you outsource any of your work? Do you perform the work personally? If not, what is the review process?

14. Will the person I deal with change? Will I get a regular person to discuss my finances with?

15. Are your services standardized (packages) or do you offer customized services based upon my business needs?

16. Can you help me with 1099s & dealing with subcontractors?

17. Can you help me set up a good balance sheet and income statement?

18. How do you feel about teaching your clients about finance?

19. What was the last accounting workshop you attended about? How often do you attend continuing education?

20. Can I write off my new iphone? (probably) How about my business suit? (only if it qualifies as a uniform has to have branding etc...)

21. How long from when I call can I usually get an appointment to see you in person?

22. Can I call you when I have a question? Do you answer questions by email?

23. Do you have the knowledge and experience to handle my tax situation?

24. Have you ever worked with a home-based business?

25. What new changes in the tax laws will affect me this year?

26. What type of retirement accounts are available to me? How would you recommend I use them to my advantage?

27. How will you help me maximize my tax savings? How do you double-check that?

28. How long, approximately, will it take to finish my taxes?

29. Who is your target client?

30. What do you love most about what you do?

31. Whats your privacy policy? Will you share my information with any third-parties?

32. Based on your experience, what form of business structure should I have?

33. What do you think of turbo tax?

34. What makes a good accountant in your opinion?

35. Do you know how to use ________ (your preferred accounting software)? In your opinion, is this the right software for my business? Why?

36. What happens if I get audited?

37. Have you ever been the accountant to someone being audited?

38. Do you personally know the local IRS auditors?

39. What are some of the common problems youve worked through with other companies in my business industry?

40. What specific deductions apply to me (childcare tax credits, educational credits...)?

41. Have you ever worked directly with a clients financial planner? What issues did that cause, if any?

42. What are some of the things I need to be aware of as my business grows?

43. How does your firm handle setting up and guiding me through estimated tax payment?

44. What is the difference between a good accountant and a bad accountant?

45. Do you do your own accounting?

46. Without giving specific personal details, what is one of the biggest messes you have encountered and how were you able to help?

47. Do you provide bookkeeping? Payroll? What other services do you offer?

48. What records should I keep and how do you recommend I organize them?

49. Why should I use you?

50. Is there a question I should have asked that I didnt?

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FINAL RECAP: QUESTIONS TO ASK WHEN HIRING A WEALTH MANAGER/FINANCIAL ADVISOR


9:43 PMGeneral Questions to Ask Wealth Advisors

Choose the questions that are most relevant for your situation

When interviewing a wealth advisor, it is important to ask the right questions and know how to interpret the answers. Here are select questions to get you started. I

In a formal selection process the family should come up with additional relevant questions that will isolate important criteria.

Firm Background and Ownership

When was the firm founded?

When did the firm begin providing wealth advisory services? What was the impetus behind the creation of the multi-family office business, if applicable?

What is the firms organizational structure? If family-owned, what is the percentage of the family s interest?

What is the firms ownership structure? If family-owned, what is the percentage of the familys interest?

Does the firm develop an annual strategic plan? If so, what are primary initiatives for the firm in the next two years?

What is the firms stated mission?

Is the firm a Registered under the 1940 Act of the Securities and Exchange Commission? Please provide a copy of the firms ADV Parts I & II filed annually with the SEC.

Services

Describe your expertise in each of the following service areas: wealth transfer planning, financial planning,

foundation and philanthropic planning, investment management; performance analysis, tax planning and tax compliance, bill paying and cash flow management; client education process.

What are your areas of greatest strength when providing wealth advisory services?

What new services/service enhancements are you planning to introduce in the next year?

What aspects of your business distinguish you from your competition?

Do you work with outside investment consultants to enhance your research?

Client Relationships

How many family relationships does your weath advisory business have? What is the distribution of clients by type (business owners, wealth owners, wealth inheritors, foundation, etc.)?

How many new clients have you added/lost in each of the past three years?

What percentage of your clients are full-service relationships? What services do you typically provide to the clients that dont use your firm for all services?

How do you get new business? Do you have an active new business development effort?

What are current assets under management?

Please provide a breakdown of:

growth in new assets due to new client business over the past three years growth in assets due to new assets from existing clients loss of assets due to client attrition in the past three years.

Provide references from three clients that have worked with your firm for at least three years?

What were the reasons why former clients terminated your services in the past three years?

Employees

How many employees do you have in each major department? Provide a breakdown of employees in the following categories:

senior relationship managers, investment professionals, tax and accounting professionals, philanthropy specialists; information technology professionals, marketing professionals, operational/back-office personnel

and administrative staff

How is the typical relationship management team structured? And how is technical expertise provided to support the relationship team?

How are the relationship managers compensated? If they are paid incentive compensation, what is that based upon? Do they share in firm profits?

What is the typical account load for a relationship manager?

Please provide the biographies for senior management and key personnel who would service my account.

Provide the number of employee hires and terminations/resignations for the past three years.

Client Servicing and Reporting

How do you most frequently communicate with clients?

Do you have regularly scheduled client meetings? If so, what is the frequency and who typically represents the firm?

How do you interact with the clients other key advisors?

Do you provide electronic versions of client reports? Do clients have on-line access to their reports?

What is the ?

Client Education and Research

What kind of client education do you provide?

Do you offer formal seminars or other educational opportunities?

Do you publish research or newsletters for your clients benefit? Please include a list of research papers distributed to clients with the date of publication.

Pricing and Fees

Do you have a published fee schedule? If so, please provide. If not, please describe how you determine a fee for a new client.

Is there a minimum account size or minimum fee requirement?

How does the fee structure differ for different client types?

Do you offer any performance-based fees? As an alternative to basis points?

Do you accept soft dollars from any product providers?

Do you accept fees of any other type of service providers? If so, under what circumstances?

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WHICH FINANCIAL CERTIFICATIONS WILL YOU MAKE PRIORITY


9:46 PM

The Alphabet Soup Of Financial Certifications

By Investopedia Staff on November 26, 2010 A A AFiled Under: CFP, CFA, Certified Financial Planner, Chartered Financial Analyst, Chartered Financial Consultant, Chartered Life Underwriter, Financial Professionals, Continuing EducationIf you have trouble telling the difference between a CFA, CFP, CIC, ChFC or any of the other financial certifications, you're not alone. How do you sift through this alphabet soup to find the best financial professional for you? Here we look at the nine most popular designations with a brief explanation of the education and expertise each designation signifies and the kind of work done by the professionals holding them.

Certified Financial Planner (CFP)

Those with the CFP designation have demonstrated competency in all areas of financial planning. Candidates complete studies on over 100 topics, including stocks, bonds, taxes, insurance, retirement planning and estate planning. The program is administered by the Certified Financial Planner Board of Standards Inc. In addition to passing the CFP certification exam, candidates must also complete qualifying work experience and agree to adhere to the CFP Board's code of ethics and professional responsibility and financial planning standards. (For more on obtaining the CFP designation, click here.)

A financial planner works with individuals to help them understand their options and make financial decisions suited to their personal financial situation and goals. Since, because of the nature of their work, a lot of trust is placed in these individuals, the CFP Board posts information on the financial planning process and current licensees, allowing clients of CFPs to verify if their financial planners' designations are in good standing. The last thing anyone needs is to choose a CFP whose certification has been revoked.

Chartered Financial Analyst (CFA)

This designation is offered by the CFA Institute (formerly the Association for Investment Management and Research [AIMR]). To obtain the CFA charter, candidates must successfully complete three difficult exams and gain at least three years of qualifying work experience, among other requirements. In passing these exams, candidates demonstrate their competence, integrity and extensive knowledge in accounting, ethical and professional standards, economics, portfolio management and security analysis. (For more on obtaining a CFA designation, click here.)

CFA charterholders tend to be analysts who work in the field of institutional money management and stock analysis, not financial planning. These professionals provide research and ratings on various forms of investments. (For more on the different types of analysts, see the article Analyzing The Analysts.)

Certified Fund Specialist (CFS)

As the name implies, an individual with this certification has demonstrated his or her expertise in mutual funds and the mutual fund industry. These individuals often advise clients on which funds to invest in and, depending on whether or not they have their license, they will buy and sell funds for clients. The Institute of Business and Finance (IBF), formerly known as the Institute of Certified Fund Specialists, provides training for the CFS, and the course focuses on a variety of mutual fund topics, including portfolio theory, dollar-cost averaging and annuities. The knowledge these CFS designees hold is kept current through their continuing education requirements.

Chartered Financial Consultant (ChFC)

Individuals with the ChFC designation have demonstrated their vast and thorough knowledge of financial planning. The ChFC program is administered by the American College. In addition to successful completion of an exam on areas of financial planning, including income tax, insurance, investment and estate planning, candidates are required to have a minimum of three years experience in a financial industry position.

Like those with the CFP designation, professionals who hold the ChFC charter help individuals analyze their financial situations and goals.

Chartered Investment Counselor (CIC)

Given by the Investment Counsel Association, this is a designation that CFA charter holders who are currently registered investment advisors can study for. The focus of the CIC program is portfolio management. In addition to proving their high-level expertise in portfolio management, these individuals must also adhere to a strict code of ethics and provide character references.

See how Vanguard can help with all of your retirement and investing goals

Individuals who hold the CIC charter tend to be some of the major players in the financial world, such as those who manage large accounts and mutual funds.

Certified Investment Management Analyst (CIMA)

This designation focuses on asset allocation, ethics, due diligence, risk measurement, investment policy and performance measurement. Only individuals who are investment consultants with at least three years of professional experience are eligible to try to obtain this certification, which signifies a high level of consulting expertise. The Investment Management Consultants Association offers the CIMA courses.

Individuals who hold CIMA designations are required to prove their expertise through continual recertification, which requires CIMA designees to complete at least 40 hours of continuing education every two years.

CIMA designation holders tend to have careers with financial consulting firms, which involve extensive interaction with clients and the management of large amounts of money.

Chartered Market Technician (CMT)

To achieve this designation, an individual must pass three exams offered by the Market Technicians Association (MTA) and agree to adhere to the MTA code of ethics. Individuals with the CMT designation have a demonstrated expertise in the field of technical analysis. Often CMTs will work for hedge funds and money management firms.

Certified Public Accountant and Personal Financial Specialist (CPA and PFS)

Those holding the CPA designation have passed examinations on accounting and tax preparation, but their title does not indicate training in other areas of finance. So, those CPA holders who are interested in gaining expertise in financial planning in order to supplement their accounting careers need to become certified as personal finance specialists (PFS). The PFS designation is awarded by the American Institute of Certified Public Accountants to those who have taken additional training and already have a CFP designation.

Chartered Life Underwriter (CLU)

This designation is issued by the American College, and those who hold it work mostly as insurance agents. The CLU designation is awarded to persons who complete a 10-course program of study and 20 hours of exams. The course covers the fundamentals of life and health insurance, pension planning, insurance law, income taxation, investments, financial and estate planning, and group benefits.

How Meaningful Are These Letters?

While certifications are not everything, you should give extra credit to investment professionals who have them. Most of these certifications require candidates to put in many hours of study and meet high ethical and professional standards. For instance, to get the CFA designation, candidates must put in approximately 250 hours of reading per exam, and there are three exams to write. The tests are so intensive that approximately 64% of those who write just the level 1 exam will fail. Those who make it through all three levels and become charter holders are also bound to a code of ethics and rules of professional conduct, among other requirements.(For further reading, see Dispelling the Myths Surrounding Financial Planners.)

Although the exams can be intense and the hours can be long, the designations should only be one part of your criteria when deciding on a financial professional. (For more on this decision-making process, see Shopping For A Financial Advisor.)

Conclusion

If you have to deal with a financial professional, it's important that you know the extent of his or her expertise in different areas of finance. Now you have an idea of what some of the designations mean and what they require from those who hold them.

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FINAL RECAP: ADVANCED EXCHANGE STRATEGY EXAMPLE # 1 (MULTIPLE CURRENCIES)


9:49 PMKEEP IN MIND WITH ALL EXCHANGE PLANS AND STRATEGIES YOU ALWAYS START WITH WHAT YOU WANT TO NET WITH EACH CURRENCY AND USE THAT AS YOUR FOUNDATION FOR THE STRATEGY. SEEK PROFESSIONAL FINANCIAL ADVICE IF YOU ARE NOT AN EXPERIENCED INVESTOR BASED ON THE EXAMPLE BELOW

STEP 1 (RESERVES/LAYAWYS)

CALCULATE THE TOTAL AMOUNT OF CURRENCY YOU HAVE IN LAYAWAY OF RESERVE

A. RUPIAH

B. DONG

C. DINAR

STEP 2 (CHARTING)-IQD

CREATE A SPREADSHEET WHAT HAS A MINIMUM PROJECTED EXCHANGE RATE FOR THE EACH OF THE EXCHANGE OPTIONS FOR THE IRAQI DINAR ONLY

A. NO TAX/NO NDA

B. 50% OF CAPITAL GAINS

C. 100% OF CAPITAL GAINS

D. MARKET RATE INCREASE/DECREASE

NOTE: CALCULATIONS SHOULD INCLUDE OPTIONS FOR SHORT AND LONG TERM CAPITAL GAINS)

STEP 3 ( MINIMUM PROJECTED EXCHANGE RATES FOR OTHER CURRENCIES IN YOUR PORTFOLIO)

A. VND (CALCULATE MINIMUM PROJECTIONS WITH 3 EXCHANGE RATES AS THE FOLLOWING TO SAFE)

1. SHORT TERM CAPITAL GAINS

2. LONG TERM CAPITAL GAINS

3. ORDINARY INCOME

STEP 4: (ARBITRAGE)

A. DINAR-YOU CAN LEVERAGE A RESERVE/LAYAWAY AND HOLD ONTO IT AND WATCH THE BOTTOM RATE INCREASE, IE THE MARKET RATE DRIVEN BY HEDGE FUNDS AND INSTITUTIONAL INVESTORS, AND EXCHANGE YOUR RESERVE AT SELECTED EXIT POINT BEFORE RATE MAXES OUT AND DROPS BACK DOWN TO RATE COMPARABLE TO RATE IN KUWAIT

B. IN THE EVEN THE CONTRACTED RATES ARE ON THE OPEN MARKET & FOREX YOU CAN OPEN UP A BROKERAGE ACCOUNT AND GENERATE RATE PROFIT AS THE HIGHER CONTRACTED RATES DECLINE IF YOU KNOW WHAT YOU ARE DOING OR HAVE A KNOWLEDGEABLE BROKER/DEALER OR TRADE YOURSELF. (EXTREMELY RISKY FOR NOVICE)

C. SO BY UTILIZING ARBITRAGE YOU ARE CAPITALIZING AS RATES INCREASE AND DECREASE SIMULTANEOUSLY.

NOTES: DO NOT TRY THIS IF YOU DO NOT KNOW WHAT YOU ARE DOING AS YOU CAN LOSE IF IT IS NOT DONE CORRECTLY WITH OPTIONS STRUCTURED CORRECTLY TO ACT AS RISK MITIGATION BUFFER.

STEP 5: (PORTFOLIO MANAGEMENT)

A. YOU KEEP TRACK OF THE CURRENCIES YOU ARE HEDGING VIA ARBITRAGE

B. THEN ADD UP THE CONTROLLED HOLDINGS AND ROI'S ON THE OTHER CURRENCIES

STEP 6: (DIVERSIFICATION INTO M.I.N.T CURRENCIES OR B.R.I.C.S. CURRENCIES)

A. YOU CAN USE THESE CURRENCIES AS A LEVERAGED HOLD

STEP 7: (THE MULTI CURRENCY ACCOUNT/MULTIPLE CURRENCY ACCOUNT)

A. ONCE YOU EXCHANGE YOU CAN PLACE A PREDETERMINED AMOUNT OF CURRENCY INTO

THIS ACCOUNT TO USE AS LEVERAGE FOR A LONG TERM HOLD ON THE WEALTH SIDE OF THE BANK.

B. YOU CAN ALSO DIVERSIFY INTO OTHER CURRENCIES WITH THESE ACCOUNTS TO HEDGE AGAINST

USD DEVALUATION, AND ONLY CONVERT AS NEEDED WHICH LIMITS TAXABLE EVENTS AS THEY ARE

STRUCTURED NOW IN CONTROLLED SETTING.

C. YOU CAN PARK A PORTION OF CURRENCIES INTO THESE ACCOUNTS IN THE CURRENCY ITSELF AND MAKE SURE WHEN ACCOUNT IS STRUCTURED CURRENCY DOES NOT CONVERT TO USD AND REMAINS IN THE FOREIGN CURRENCY ITSELF.

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FINAL RECAP: BASIC EXCHANGE STRATEGY EXAMPLE # 1 (NO CONTRACTS, NO NDA, & NO IQD TAX)


9:54 PMBASIC EXCHANGE STRATEGY #1 (NO CONTRACTS, NO NDA & NO TAX ON IQD ONLY)

1. FIND OUT WHAT YOU NEED TO NET FROM THE EXCHANGE

($100,000, $500,000, $1,000,000, $5,000,000, $10,000,000 ETC....)

2. ADD UP OF ALL OF YOUR PHYSICAL HOLDINGS IN EACH CURRENCY

A. DONG

B. DINAR

C. RUPIAH

D. ZIMBABWE

3. ONCE YOU HAVE ADDED UP YOUR HOLDINGS MULTIPLY EACH BY THE LOWEST POSSIBLE

PROJECTED EXCHANGE RATE FOR EACH CURRENCY.

4. ADD ALL OF THE HOLDINGS TOGETHER TO SEE IF YOU HAVE MET THE NUMBER YOU NEEDED TO

NET FROM THE TRANSACTION (TOTAL COMBINED HOLDINGS X LOWEST EXCHANGE RATE FOR EACH CURRENCY.)

5. ADD OF EACH COLUMN AND SEE WHAT YOUR COMBINED TOTAL IS THAT YOU NET AFTER EXCHANGE.

6. SEE WHAT YOUR FINAL COMBINED CASH NUMBER IS AND WITH THIS EXAMPLE THERE ARE NO TAXES. NO NDA, NO CONTRACTS, AND YOU LIVE A FREE LIFE WITH NO STRINGS ATTACHED FOREVER!!!

NOTE: INCLUDE ALL RESERVE HOLDINGS IN THIS EXAMPLE AT THE LOWEST PROJECTED RATE

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FINAL RECAP #6 (ADVANTAGES/DISADVANTAGES OF CURRENCY DEALERS)


9:59 PMADVANTAGES

1. MULTIPLE PAYMENT OPTIONS TO BUY CURRENCY

2. BUY/SELL ARRANGEMENTS CAN BE EXECUTED ONLINE

3. MANY OF YOU ALREADY HOLD RESERVES WITH DEALERS & ARE CUSTOMERS

4. YOU HAVE THE OPTION TO GET IQD & CASH OR BOTH

5. YOU CAN LIQUIDATE MULTIPLE CURRENCIES

6. MULTIPLE OFFICES WILL BE OPENED NATIONWIDE

7. YOU HAVE THE OPTION TO PICK UP YOUR IQD

8. YOU CAN LIQUIDATE A RESERVE TO PURCHASE MORE CURRENCIES

9. OPTIONS FOR METALS

10. LEVERAGE TO PURCHASE MORE CURRENCIES WITH RESERVES

11. LAYAWAY & RESERVE OPTIONS

12. OPTION TO PURCHASE EMERGING MARKET CURRENCIES

13. COMPLETE THE EXCHANGE FROM THE PRIVACY OF YOUR HOME

14. LEVERAGE RESERVES IN THE EVENT CURRENCY RATE INCREASES

15. OPTION TO LAYAWAY MULTIPLE EMERGING MARKET CURRENCIES

16. CAN EXCHANGE IMMEDIATLEY

17. CUSTOM IQD TRANSPORT OPTIONS AVAILABLE

18. MANY OFFER SAME DAY FAST IMMEDIATE CASH OPTIONS

19. SOME OFFER RATE LOCK OPTIONS

20. NO BROKER HAS DISCUSSED AN NDA

21. NO BROKER HAS DISCUSSED EXCHANGE LIMITS

22. 1-800 NUMBERS NOT REQUIRED

23. YOU CAN LOCK YOUR RATE IN

DISADVANTAGES

1. IQD DEALERS ARE NOT BANKS

2. BANK PACKAGES & PERKS WILL NOT BE AVAILABLE WITH IQD DEALERS

3. INCREASED WAIT TIME AT EXCHANGE

4. INCREASED WAIT TIME FOR APPOINTMENTS

5. BANKS WILL HAVE MORE PRODUCTS & SERVICES AVAILABLE

6. LESS ROOM TO NEGOTIATE EXCHANGE RATE

7. RATES MAY NOT BE AS HIGH AS BANKS

8. INCREASED WAIT TIME TO RECEIVE PHYSICAL IQD

9. INCREASED WAIT TIME FOR PHONE TRANSACTIONS

10. LIMITED STAFFING

12. CAN NOT GET MULTIPLE CHECKS AT EXCHANGE FOR DEBTS & PURCHASES

13. LIMITED NATIONWIDE LOCATIONS FOR PHYSICAL IQD PICK UP

14. INSURANCE LIMITATIONS WITH MAIL SHIPMENTS

15. NO FINANCIAL ADVICE

16. BANK ACCOUNTS CAN NOT BE SET UP

17. WILL BE MORE DIFFICULT TO STRUCTURE GROUP EXCHANGE PACKAGES

18. PICK UP SECURITY RISKS

19. LIMITED CUSTOMER SERVICE

20. HIGH RATES MAY NOT BE AVAILABLE

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FINAL RECAP # 5: RECAP: 13 CRITICAL CONCERNS ABOUT THE NDA & CONTRACT RATE


10:02 PM1. YOUR PAYOUTS MAY BE STRUCTURED LIKE AN ANNUITY OVER 10-20 YEARS

2. YOU LOSE 100% CONTROL OF YOUR MONEY

3. VIOLATION OF THE NDA COULD CAUSE ACCOUNTS TO BE FROZEN

4. THE NDA MAY CONVERT YOUR EXCHANGE TO AN INVESTMENT DUE TO THE FACT THAT IT WILL BE A CONTRACTED RATE AND MAY INCREASE YOUR INCOME TAXES

5. YOU MAY BE REQUIRED TO LEAVE FUNDS AT THE BANKING INSTITUTION

6. THE BANK COULD BE AUTHORIZED AND HAVE THE RIGHT TO CONTROL YOUR FUNDS

7. AT DIFFERENT TIERS YOU MAY SWITCH TO BEING A SHAREHOLDER IN THE BANK AND IF THE BANK LOSES MONEY YOU MAY LOSE MONEY

8. YOU MAY BE REQUIRED TO SIGN THE NDA BEFORE THEY TELL YOU WHAT THE RATE IS

9. THE NDA COULD HAVE A CLAWBACK CLAUSE STRUCTURED INSIDE OF IT

10 YOU BECOME AN INVESTOR IN THE BANK AS YOU AUTHORIZE THEM TO UTILIZE YOUR MONEY

11. THE N.D.A. TERM CAN HAVE SET TIME LIMITS ( 5 YEARS, 10 YEARS, 15 YEARS, 20 YEARS)

12. YOUR TAX STRUCTURES WILL CHANGE

13. YOU MAY NOT NET WHAT YOU INITIALLY THOUGHT YOU WOULD NET

THESE ARE JUST A FEW OF THE POSSIBILITIES

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FINAL RECAP #4 (CAN YOU ANSWER THESE QUESTIONS BASED ON YOUR EXCHANGE PLAN & STRATEGY?)


10:08 PM

1. HAVE I FIGURED OUT HOW I WILL PAY FOR RESERVES?

2. HOW WILL I COORDINATE RECEIVING RESERVES WITH AN APPOINTMENT LOGISTICALLY?

3. IF I AM USING BRINKS OR DUNBAR, HAVE I CONTACTED THEM FOR PRICING (PICK UP/DELIVERY)?

4. HAVE I CHECKED THE INSURANCE COVERAGE MINIMUM & MAXIMUM FOR PACKAGE DELIVERY?

5. IF I AM USING BRINKS OR DUNBAR "DEALER TO BANK" HAVE I LET MY PERSONAL BANKER KNOW?

6. DO I HAVE A PERSONAL BANKER OR BANK THAT WILL RECEIVE MY IQD/DONG RESERVE?

7. AT WHAT POINT WILL IT BE SMART FOR ME TO CALL THE 1-888 NUMBER?

8. DO I HAVE A RETAIL BUSINESS LOCATION I CAN USE TO HAVE BRINKS OR DUNBAR DELIVER TO?

9. IS MY DAY OF REVALUATION ACTION PLAN IN PLACE & IN WRITING?

10. DO I HAVE A LIST OF CERTIFIED CHECKS (BILLS,DEBTS,NEW PURCHASES) PREPARED WHEN I EXCHANGE?

11. HOW MANY PEOPLE KNOW I AM COMING INTO WEALTH & THIS INVESTMENT?

12. HOW LONG WILL I KEEP REVALUED IQD/VND POST RV IN MY HOME?

13. HAVE I TALKED WITH MY IQD DEALER AND DISCUSSED HOW THE BUY/SELL ARRANGEMENT WORKS?

14. HAVE I DISCUSSED HOW THE SHIPPING PROCESS WITH WORK WITH MY IQD DEALER?

15. WHAT IS THE MOST IMPORTANT THING I NEED TO DO THE DAY OF REVALUATION?

16. IF I PLAN ON RECEIVING A BANK WIRE, DO I UNDERSTAND THE RISKS OF WIRES BEING DELAYED OR HELD UP?

17. HAVE I REVIEWED MY THINGS TO DO LIST AND ACTION PLAN?

18. HAVE I IDENTIFIED OTHER BANK OPTIONS?

19. SHOULD I TAKE MY ATTORNEY OR ACCOUNTANT TO THE EXCHANGE APPOINTMENT?

20. IF I PLAN ON PICKING IQD UP, DO I HAVE A SOLID SECURITY PLAN IN PLACE FOR SAFETY & PROTECTION?

21. HAVE I DISCUSSED WITH THE IQD DEALER HOW LONG IT MAY TAKE FOR ME TO RECEIVE RESERVES AT REVALUATION?

22. DO I HAVE A 30 DAY EXCHANGE PLAN IN PLACE?

23. HOW WILL I PAY RESERVES OFF?

24. IS MY TRAVEL PLAN ALREADY IN PLACE IF I HAVE TO TRAVEL TO EXCHANGE?

25. AM I PREPARED AND READY?

26. WHAT STRATEGY WILL I USE TO SHOP BANKS FOR THE BEST DEAL?

27. WILL I NEED TO TAKE A PERSON WITH ME TO REVIEW ALL THE DOCUMENTS THAT WILL BE SIGNED?

28. DO I UNDERSTAND THE DIFFERENT TYPES OF BANK ACCOUNTS THAT WILL BE AVAILABLE?

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FINAL RECAP # 3 (POTENTIAL QUESTIONS TO ASK AT YOUR EXCHANGE APPOINTMENT)


10:19 PM

THE QUESTIONS:

1. WHAT TYPE OF BANK ACCOUNTS DO YOU HAVE AVAILABLE?

2. WHAT IS THE FDIC COVERAGE ON THIS ACCOUNT?

3. CAN YOU EXPLAIN TO ME HOW THE FOLLOWING BANK ACCOUNTS OPERATE?

A. NON INTEREST BEARING ACCOUNTS

B. MULTI CURRENCY ACCOUNTS

C. MULTIPLE CURRENCY ACCOUNTS

D. (THE DIFFERENT TYPES AVAILABLE)

E. INTEREST BEARING ACCOUNTS

4. WHAT AMOUNT AM I REQUIRED TO LEAVE IN EACH ACCOUNT?

5. WHAT OTHER PRODUCTS AND SERVICES WILL BE PROVIDED TO ME TODAY WITH THESE ACCOUNTS?

6. WHAT ARE THE FEES ASSOCIATED WITH THESE BANK ACCOUNTS?

7. CAN YOU ASSIST ME WITH RESERVES?

8. I NEED SOME CERTIFIED CHECKS MADE PAYABLE TO (abcd) CAN YOU ASSIST ME?

9. HOW MUCH CASH CAN I TAKE WITH ME WHEN THIS APPOINTMENT IS COMPLETED?

NOTE: LIMITED CASH AND A CERTIFIED CHECK IS WHAT WE RECOMMEND

10. IF I COME BACK TO EXCHANGE MORE WILL I HAVE THIS SAME RATE?

11. WHAT PRODUCTS & SERVICES WILL THE WEALTH MANAGEMENT TEAM PROVIDE?

12. EXPLAIN TO ME HOW THE SWEEP PROCESS WILL WORK?

13. WHAT ARE THE ADVANTAGES & DISADVANTAGES OF THESE ACCOUNTS?

14. WILL LOANS AND LINES OF CREDIT BE PROVIDED?

15. IS THIS ACCOUNT ACTIVE TO RECEIVE BANK WIRES NOW? (EXPLAIN THE PROCESS)

16. WHAT PRODUCTS & SERVICES WILL COME WITH THE WEALTH MANAGEMENT TEAM?

17. PLEASE GO OVER ALL OF THE DOCUMENTS WITH ME I WILL BE SIGNING?

18. TELL ME A LITTLE BIT ABOUT THE HISTORY OF THIS BANK?

19. HOW ARE MY DEPOSITS PROTECTED AGAINST BANK COLLAPSE, GOVERNMENT THEFT, AND BANK THEFT?

20. WHAT KIND OF INTEREST RATES WILL I BE LOOKING AT?

21. WHAT TYPE OF CREDIT CARDS AND DEBIT CARDS DO I QUALIFY FOR NOW?

22. WHAT ARE MY CHECKING & SAVINGS ACCOUNT OPTIONS?

23. IF I HAVE QUESTIONS TOMORROW WHO DO I NEED TO CONTACT?

23. DO YOU HAVE A BUSINESS CARD?

24. IS THIS CURRENCY EXCHANGE TAXABLE AND WHAT IS THE RATE OF THE TAX?

25. WILL THIS TRANSACTION BE REPORTED TO FINCEN?

26. TELL ME ABOUT YOUR ONLINE BANKING (NOTE: WE DO NOT ADVISE ONLINE BANKING)

27. WHAT IS THE COST TO EXECUTE TRADES, , BONDS, ETC?

28. WHAT TYPE OF ADDITIONAL INSURANCE CAN I PLACE ON MY MONEY VIA PRIVATE

BANKING & WEALTH MANAGEMENT

29. IS THERE AN EXCHANGE WINDOW IF I HAVE MORE CURRENCY TO EXCHANGE?

30. IS MY MONEY PROTECTED AGAINST DEVALUATION OF THE USD?

31. TELL ME ABOUT YOUR BANK PERKS?

32. ARE THERE ANY STIPULATIONS WITH THE CONTRACT RATE?

33. WHAT ARE THE STIPULATIONS WITH THE STREET RATE?

34. WHAT ARE THE KEY POINTS OF THE NDA (IF APPLICABLE)

35. CAN I CONTACT MY ATTORNEY BEFORE I SIGN THESE DOCUMENTS?

36. IF I DO NOT TAKE THIS APPOINTMENT WILL MY RATE CHANGE?

37. WHAT ARE THE STIPULATIONS WITH THE MARKET RATE?

38. CAN YOU SHOW ME THE RATES ON THE SCREEN PLEASE?

39. CAN I HAVE A COPY OF THE DOCUMENTS FOR MY LEGAL TEAM

TO REVIEW?

40. WILL THE RATE DROP IF I COME BACK TO EXCHANGE MORE CURRENCY?

41. IF I HAVE MORE CURRENCY CAN I COME BACK AND EXCHANGE AT SAME RATE?

42. IF I HAVE MORE CURRENCY ARE THERE DIFFERENT RATE TIERS?

43. ARE THERE ANY TIME LIMITS ON RATES OF EXCHANGE?

44. CAN YOU EXCHANGE INTO LOWER DENOMINATIONS?

45. IS THERE AN EXPIRATION ON THE LARGE NOTES?

46. IS THERE A CAP ON THE AMOUNT I CAN EXCHANGE WITH YOUR BANK?

47. CAN YOUR BANK ASSIST ME WITH RESERVES/LAYAWAYS AND HOW

DOES THAT PROCESS WORK?

48. CAN I EXCHANGE WITH MY LLC, IBC OR TRUST?

49. AM I EXCHANGING INTO NEW TREASURY NOTES?

50. IF I USE AN MCA ACCOUNT WILL MY CURRENCY STAY IN THE

CURRENCY OR CONVERT TO USD.

51. CAN I DEPOSIT AND YOU PROVIDE ME AN SKR OR GFR AND

HOW DOES THAT WORK?

FOR SOME OF THE CURRENCY I MAY NOT EXCHANGE?

52. AM I EXCHANGING INTO FEDERAL RESERVE NOTES?

COMMENTS:

1. PLEASE FLAG THIS ACCOUNT FOR IT TO NOT BE IN TEST & PRODUCTION.

2. WITH MY I NEED TO BE SURE ALL TRADES MUST BE AUTHORIZED BY ME.

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FINAL RECAP #2 (QUESTIONS TO ASK YOUR CURRENCY DEALER)


10:23 PM28 CRITICAL QUESTIONS TO ASK YOUR CURRENCY DEALER/BROKER IMMEDIALTELY....

MANY ARE SAYING THE IQD DEALERS WHO ARE LICENSED BY THE UNITED STATES TREASURY DEPARTMENT, AND REGISTERED WITH FINCEN MAY NOT BE ABLE TO COVER RESERVES AND LAYAWAYS DUE TO LIQUIDITY ISSUES, AND POLICIES AND PROCEDURES MAY CHANGE ONCE THE RATES GO LIVE, AND MANY PURCHASES MAY BE REFUNDED DUE TO OVER EXTENSION OF SALES BY DEALERS, AND DEALERS PLACING OPTIONS ON OPTIONS WITH LAYAWAYS AND RESERVES AND NOT HAVING ACCESS TO THE PHYSICAL CURRENCY OR CAPITAL TO COVER THE RESERVES AND LAYAWAYS.

NOTE: CONTACT YOUR IQD DEALER AND MAKE SURE THEY CAN COVER AND HONOR RESERVES AND LAYAWAYS AND WILL NOT CHANGE THE POLICY ONCE THE RATES GO LIVE......................

QUESTIONS TO ASK YOUR DEALERS:

1. CAN YOU COVER RESERVES & LAYAWAYS?

2. IS YOUR FIRM LIQUID TO COVER THE CURRENCY ON RESERVE/LAYAWAY?

3. IS YOUR FIRM COVERING THE RESERVE/LAYAWAY BASED ON CREDIT?

4. DOES YOUR COMPANY HAVE THE PHYSICAL CURRENCY ON HAND IF I WANT THE CURRENCY ONCE THE RATES GO LIVE?

5. HOW LONG WILL IT TAKE YOU TO GET THE PHYSICAL CURRENCY ONCE THE RATES GO LIVE AND CURRENCY PRICES CHANGE?

6. WHAT WILL THE TURN AROUND TIME BE ON PHYSICAL CURRENCY DELIVERY?

7. CAN I PICK UP THE CURRENCY FROM YOUR COMPANY?

8. IN THE EVENT YOUR FIRM CAN NOT HONOR RESERVES WHAT IS THE CONTINGENCY PLAN?

9. WHERE DOES YOUR FIRM GET THE PHYSICAL CURRENCY FROM?

10. WHAT IS YOUR SHIPPING/INSURANCE CRITERIA FOR REVALUED CURRENCY?

11. WILL YOUR FIRM HAVE MULTIPLE LOCATIONS FOR PICK UP AND EXCHANGE?

12. WHAT IS THE WIRING PROCESS WITH YOUR FIRM AND HOW WILL THAT WORK?

13. IF CERTIFIED CHECKS ARE NEEDED HOW WILL THAT PROCESS WORK?

14. WHAT BANKING INSTITUTION WILL YOU BE DOING WIRES WITH?

15. HOW DOES THE ONLINE BUY SELL PROCESS WORK?

16. IS YOUR FIRM STAFFED TO HANDLE VOLUME AT EXCHANGE?

17. DOES YOUR FIRM HAVE CREDIT TO COVER RESERVES?

18. WHAT WILL YOUR OPERATIONAL HOURS BE AT EXCHANGE?

19. DOES YOUR FIRM WORK WITH MULTIPLE BANKS?

20. CAN YOUR FIRM DO LEDGER TRANSFERS?

21. IF YOUR STAFF IN PLACE TO HANDLE CALL VOLUME?

22. HOW WILL THE PROCESS WORK ONCE THE RATES CHANGE AND YOUR FIRM DOES NOT HAVE THE PHYSICAL CURRENCY IN HOUSE TO COVER PHYSICAL CURRENCY PURCHASES?

23. EXPLAIN HOW THE LAYAWAY OPTION ON AN OPTION FOR CURRENCY WORKS AND WHO DO YOU PURCHASE YOUR CURRENCY FROM?

24. IN THE EVENT YOUR SUPPLIER CAN NOT DELIVER THE CURRENCY ONCE RATE CHANGES WHAT IS YOUR CONTINGENCY PLAN?

25. CAN YOU EXPLAIN YOUR POLICIES AND PROCEDURES IN DETAIL?

26. WHERE CAN I CHECK YOUR FIRMS CREDIT RATING?

27. DO I HAVE ANYTHING TO WORRY ABOUT WITH RESERVES & LAYAWAYS WITH YOUR COMPANY?

28. MANY DEALERS HAVE GONE OUT OF BUSINESS AND STOPPED RESERVES AND LAYAWAYS.

HOW DID YOUR FIRM AVOID THAT PROBLEM?

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FINAL RECAP #1 (53 TIPS)


10:27 PM

1. LEVERAGE MULTIPLE BANKS

2. UNDERSTAND BANKS WORK FOR YOU

3. UNDERSTAND (ROI)-RETURN ON INVESTMENT IS ALL THAT MATTERS

4. UTILIZE MULTIPLE CURRENCY ACCOUNTS & MULTI CURRENCY ACCOUNTS

TO HEDGE FOR USD "DEVALUATION"

5. HAVE YOUR TIMED EXCHANGE PLAN READY

6. UNDERSTAND WHICH CURRENCIES HAVE NO RESTRICTIONS

7. UNDERSTAND THE BAIT & SWITCH & TRAPS

8. THINK LIKE A HEDGE FUND OWNER & WIN AS RATE GOES UP & DOWN

ON CURRENCIES]

9. DIVERSIFY INTO OTHER STABLE CURRENCIES, EMERGING MARKETS

AND BRICS NATIONS EXITING THE USD

10. USE THE NDA TO YOUR ADVANTAGE AND MAKE IT WORK FOR YOU

AND NOT YOU WORK FOR IT

11. UNDERSTAND THAT YOU HAVE OPTIONS

12. BE SMART

13. EVALUATE ALL OPTIONS

14. DO NOT LET GREED AND PROFIT MAKE YOU THINK YOU ARE LOSING

15. UNDERSTAND YOU CAN WALK OUT OF APPOINTMENT AND GO TO THE NEXT BANKS

16. READ ALL PAPERWORK (TAKE PERSON WITH YOU TO EXCHANGE IF NEEDED)

17. UNDERSTAND YOU CAN WIN "BIG TIME" AND USE THE TRICKS, TRAPS, MISDIRECTIONS,

HURDLES, OBSTACLES, AND BAIT & SWITCH TO YOUR ADVANTAGE

18. DO NOT MAKE DECISIONS BASED ON YOUR FINANCIAL SITUATION

19. UNDERSTAND THERE ARE WEALTH MANAGEMENT AND ASSET PROTECTION STRATEGIES

AVAILABLE

20. UNDERSTAND THIS IS A "GAME"

21. DO NOT MAKE DECISIONS BASED ON EMOTIONS

22. MAKE SURE YOU INTERVIEW THE BANKS AND DO NOT LET THEM INTERVIEW YOU

23. GET A FINANCIAL ADVISORY TEAM IN PLACE

24. GET A TAX ATTORNEY/ACCOUNTING FIRM IN PLACE AND PAY FOR AN "OPINION"

25. USE THE RESERVES TO YOUR ADVANTAGE

26. UNDERSTAND TIMING IS CRITICAL

27. FOLLOW YOUR PLAN AND TRAPS DO NOT MATTER

28. GET NEW EMAIL ADDRESSES

29. UNDERSTAND DANGERS OF ONLINE BANKING

30. UNDERSTAND THE STRUCTURE TO WIN AND KEEP CONTROL

NOTE: YOU NEVER GIVE ADVISORS 100% AUTHORIZATION TO USE FUNDS

WITHOUT PERMISSION IN WRITING...................

31. USE TIME AS YOUR FRIEND

32. FOLLOW YOUR PLAN YOU HAVE IN WRITING

33. ASK BANKS & WEALTH MANAGERS QUESTIONS

34. DO NOT MAKE FAST DECISIONS

35. KEEP YOUR BUSINESS PRIVATE AND CONFIDENTIAL

36. UNDERSTAND DANGERS & RISKS OF DOING BUSINESS WITH FAMILY AND FRIENDS

37. CONTROL EVERYTHING AND OWN NOTHING (IN YOUR NAME)

38. UNDERSTAND FINANCIAL ADVISORS AT BANKS WORK FOR BANKS

39. UNDERSTAND INDEPENDENT ADVISORS WORK FOR YOU

40. ALWAYS GET OTHERS TO REVIEW INVESTMENTS YOU MAKE

41, UNDERSTAND THE SHARKS & CROOKS WANT YOUR MONEY

42. UNDERSTAND THE NUMBERS HAVE BEEN CALCULATED THAT YOU

WILL LOSE ALL OF YOUR MONEY IN 2-3 YEARS

43. HELP OTHERS PRIVATELY

44. LET YOUR SPIRITUAL & BELIEF SYSTEM GUIDE YOU IN CONJUNCTION WITH PROFESSIONALS

45. BLESS AND HELP THE LESS FORTUNATE

46. CHANGE YOUR SOCIAL CIRCLE

47. UNDERSTAND PEOPLE YOU HAVE MET ONLINE YOU DO NOT KNOW

48. GET PRIVATE COMPUTER FOR BANKING

49. UNDERSTAND THE MINDSET OF A SUCCESSFUL INVESTOR

50. UNDERSTAND THIS IS A WIN WIN IF YOU ARE SMART

51. UNDERSTAND THE RESERVES AND LAYAWAYS & BROKERS AND USE TO YOUR ADVANTAGE

52. DO NOT GET CAUGHT UP IN THE HYPE OF THE HIGH RATES, AND HIGH RATES DROPPING

53. LEVERAGE MULTIPLE CURRENCY EXCHANGE RATES IN YOUR LEVERAGED EXCHANGE PLAN

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4 QUESTIONS FOR THE EVENING


10:32 PM1. WHO ALLOWED AND AUTHORIZED U.S.A. BANKS TO DO SKR'S WITH AN ILLEGAL NON INTERNATIONALLY TRADEABLE & REGISTERED CURRENCY?

2. WHO ALLOWED U.S.A. BANKS TO ISSUE LOANS AND LINES OF CREDIT ON SKR'S WITH A NON REGISTERED, NON INTERNATIONALLY TRADEABLE CURRENCY?

3. WHAT ARE U.S.A. BANKS DOING WITH THE TRILLIONS IN CURRENCY THEY HOLD?

4. ARE THESE TRANSACTIONS LEGAL OR ILLEGAL? WHAT DO YOU BELIEVE?????

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10:34 PM

Global Currency Reset - Revaluation (RV)


10:34 PMGlobal Currency Reset (GRC)

The idea of a GCR is to prevent a complete collapse of the whole banking industry, worldwide. For some time now, China has been buying up the Federal Reserve. The Federal Reserve is the largest holder of US debt, $2.1Trillion. China is the 2nd largest holder of US debt, $1.Trillion. The US Dollar will have 1 rate in the USA use and another rate outside of the USA use. The BIS, IMF and World Bank have been gearing up for the complicated Global Currency Reset. The GCR will bring a downward valuation in the market of the US dollar after the initial onset.

What are Global Currency Certificates?

*Global Currency Certificate* (GCC's) are literally money backed by the gold standard. The GCC's were first used by the United States beginning from the Civil War until 1933; when they were removed from the Gold Standard and replaced with Global Silver Certificates, and later by Federal Reserve notes.

How to Trade in the Global Currency Markets

Forex trading continues to grow in popularity with investors. Currency trading is now accessible to individuals, through online retail currency trading firms. The Forex market has historically provided investment banks, corporations and central banks the ability to hedge their currencies against price fluctuations. Speculators, including hedge funds and other professional investors, also trade in the Forex market. Currency trading employs highly leveraged transactions. The use of leverage may not be

suitable for all investors. This type of currency trading transactions you should discuss with your financial advisor, because this is based on high finance speculations.

How to Trade Global Currency

Global currency trading is the process of trading one type of currency for a different type of denomination.

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HOW DEEP DOES THIS CURRENCY INVESTMENT GO IN HISTORY (BABYLON/IRAQ)


10:36 PM

THE MANY NAMES OF GOD

Miscellaneous Documents"Give thanks to Yahweh, call on his name..." Psalms 105:1aIn the Bible there are many different names given to the One True God. The most frequently used names are YHWH, usually rendered as Yahweh (ca. 6,800 times); Elohim (ca. 2,600 times); Adonai (ca. 439 times); and El (ca. 238 times). Most of the other names are combinations of these names like El Shaddai, El Eloah, and Yahweh Elohim. The most commonly used names for God in the Hebrew and Protestant Bibles are Ha-Shem (meaning "the name" which is used in the modern Jewish Masoretic Text translations of the Tanach) and Jehovah (used in both Protestant and Jewish translations). Both are names for God that only date back to the Middle Ages and are not found in the ancient texts of Sacred Scripture.

ADONAI: The word adon, in Hebrew, is translated "lord." God's name as Adonai is a form of the word "adon" with an "ai" ending. Adonai is used about 439 times in the Bible and can be translated either as "Lord" or as "my Lord". Biblical scholars and linguists, however, cannot agree as to the meaning of the "ai" suffix that has been added to the Hebrew word for "lord" (adon). Some scholars have suggested it indicates a plural of majesty. In most English translations this word is rendered as "Lord" with the first letter capitalized and the other letters lower case. Those translations that have the word "Lord" in all capital letters, "LORD", are instead indicating God's covenant name YHWH (usually rendered "Yahweh").

The use of all capital letters denotes the difference between the use of Adonai and Yahweh. (Only the NRSV translation confuses the issue by rendering Adonai as both "Lord" and "LORD").

EL and ELOHIM: The word El is used for God about 238 times while Elohim is used about 2,600 times. In the Bible Elohim has two distinct meanings. First it is a plural form (-im and -ot are the standard Hebrew plural endings) of the word "god" in the Hebrew and the Canaanite languages which is rendered "el" in the singular (when the word "el" is used for the One True God it is always capitalized = "El").

An example of the first meaning used in the plural form can be found in Deuteronomy 5:7: You shall have not other false gods [elohim] before me. But the most common use of Elohim is its second distinct meaning when it is used as a personal name for God or when referring to God as the true God among false gods. Thus it is used in Genesis 1:1: In the beginning Elohim created the heavens and the earth ..., and also in Joshua 24:19: You cannot worship Yahweh for He is a holy god [elohim].... There is no explanation why the plural form is used for the One True God (as it is in Genesis 1:1). However, scholars from the times of the Fathers of the Church have suggested that the plural form suggests the mystery of the Trinity which was hidden in the Old Testament to be revealed in the New.

YHWH: The four Hebrew consonants that comprise YHWH are given in Scripture as God's holy Covenant name, and it is this form of His name that is the most frequently used in the Bible (about 6,800 times). These four Hebrew characters, YHWH = yad, hay, vav (v in Hebrew can also be rendered w in English), and hay have been called the "Tetragrammaton" or "tetragram", meaning "the four letter word."

Biblical scholars do not know how YHWH was originally pronounced because its original pronunciation, which was part of the sacred Oral Tradition of the Jews, was lost when the Temple in Jerusalem was destroyed in 70AD. Throughout history, God's Old Covenant people treated God's name with great reverence, declaring it too holy to be spoken aloud. Speaking God's divine covenant name was restricted to the priests worshipping in God's Temple in Jerusalem, and so with the destruction of the Temple His holy covenant name was no longer spoken and the correct pronunciation of the name was lost.

The rendering of YHWH as "Yahweh" is a modern conjecture (first suggested in the 16th century by biblical scholar Gilbert Genebrard, professor of Hebrew at the College Royal in Paris) but which has been accepted by biblical scholars today as the most likely rendering. You will find this rendering in the Catholic New Jerusalem Bible translation. In other translations, following what became the Jewish custom, YHWH is rendered as LORD (for example in the Catholic Revised Standard and New American Bible translations as well as in most Protestant Bible translations).

This became a custom from the time of the 3rd century BC when the ancient Jewish scholars translated the Hebrew Bible (Old Testament) into the Greek translation known as the Septuagint. They replaced the Sacred Name YHWH with "ho Kyrios" or "the Lord." In the modern Jewish Tanach YHWH is rendered as Hashem (or ha-Shem, meaning in Hebrew, "the name") or as Adoshem, which is a contraction of Adonai and ha-Shem.

But what does the Tetragrammaton YHWH mean? Biblical scholars have been arguing about the meaning of YHWH for centuries. Since biblical names generally have a discernible meaning, scholars have believed that YHWH can be reasonably translated. Based on etymology and context most scholars have agreed that YHWH is an archaic form of the verb "to be" (in Hebrew hawah) and should be translated "I am who I am or I will be who I will be."

This meaning contextually fits the passages in Exodus 3:13-15a: Moses then said to God [Elohim], 'Look, if I go to the Israelites and say to me, "What is his name?" what am I to tell them?' God [Elohim] said to Moses, 'I am [YHWH] he who is.' And he said, 'This is what you are to say to the Israelites I am [YHWH] has sent me to you...', which agrees with Exodus 3:6: I am the God of your ancestors ..., and Jesus' "I AM" statements in the fourth Gospel i.e.: In all truth I tell you, before Abraham ever was, I AM (John 8:58).

JEHOVAH:

The Biblical reference to God as Yehova (Jehova), spelled out with Hebrew characters, first appeared in c. 800AD. At that time Jewish scholars (called the Masorites) translated the Greek translation of the (Old Testament) Bible back into Hebrew and added vowel points to the Hebrew language, which had originally only been written with consonants.

Since that time, Hebrew Bible manuscripts have inserted the vowels from the Hebrew word "Adonai" (Lord) within the Tetragrammaton ("the four letters), YHWH, as a reminder that readers should say "Adonai" instead of the sacred name which Jews believe must not be spoken. The pronunciation of "Jehovah" was unknown until 1520 AD when a biblical scholar named Galatians introduced it. This pronunciation was contested by other scholars as being against grammatical and historical propriety.

However, when Protestant scholars began their vernacular translations (into their common languages) of the Old Testament using the Jewish Masoretic translations, they also mixed the four consonants of YHWH (JHWH in German) with the vowels of Adonai in the mistaken belief that this was the correct pronunciation of the Sacred Name, and from then on, YHWH appeared in Protestant Biblical texts as "Jehovah".

This rendering is most frequently used in the King James Version translations as in, Let them be put to shame, and perish: That men may know that thou, whose name alone is Jehovah, art the most high over all the earth (Psalms 83:18). Modern scholars do not recognize this form as a legitimate name for the Hebrew God and dismiss it as a misreading or mispronunciation.

Names for God found in Sacred Scripture and some of the passages in which these names are found:

All Scripture quotations are from the New Jerusalem Bible (NJB) unless otherwise noted as from the New American Bible (NAB).

Elohim = "God" (plural) as in the Creator: In the beginning God (Elohim) created the heaven and the earth (Genesis 1:1).

El Elyon = "God (singular) Most High": And Melchizedek king of Salem brought out bread and wine; now he was a priest of [El Elyon] God the Most High. And He blessed him and said, ''blessed be Abram of God Most High, possessor of heaven and earth; and blessed be God Most High, who has delivered your enemies into your hand(Genesis 14:18-20).

El Roi = "God Who Sees": Then she called the name of the LORD who spoke to her, 'You are a [El Roi] God who sees'; for she said, 'Have I even remained alive here after seeing Him?' Therefore the well was called Beer-lahai-roi [well of the living one who sees me] (Genesis 16:13-14).

El Shaddai = "God Almighty" or "God the All-Sufficient One"; the entomology is so ancient that Biblical scholars do not agree on the meaning of this name: I AM El Shaddai. Live in my presence, be perfect, and I shall grant a covenant between myself and you, and make you very numerous. And Abram bowed to the ground (Genesis 17:2-3).

Yahweh = found in Scripture as the consonants YHWH, known as the "Tetragramaton" is God's holy Covenant name. The letters form a word or words from the verb "to be" and most scholars translate it as "I AM who I AM" or "I will be who I will be", or "the Self-Existent One: Moses said to God, 'Look, if I go to the Israelites and say to them, The God of your ancestors has sent me to you, and they say to me, 'What is His name?' what am I to tell them?' God said to Moses, 'I AM He who is. Tell them that I AM who I am sent you (Exodus 3:13-14).

Adonai = "Lord" (Note: LORD, all in capital letters is a substitution out of reverence for God's covenant name "Yahweh"): Then Moses said to the LORD, 'Please Lord, I have never been eloquent, neither recently nor in time past, nor since you have spoken to your servant; for I am slow of speech and slow of tongue. And the LORD said to him, 'Who has made men's mouth? Or who make him dumb or deaf, or seeing or blind? Is it not I, the LORD?' (Exodus 4:10-12, NAB).

Yahweh-jireh = "Yahweh will provide" or "I AM will provide": But the angel of the LORD called to him from heaven and said, 'Abraham, Abraham!' And he said, 'Here I am.' And he said, 'Do not stretch out your hand against the lad, and do nothing to him; for now I know that you fear God, since you have not withheld your son, your only son, form Me.' Then Abraham raised his eyes and looked, and behind him he saw a ram caught up in the thicket by his horns; and Abraham went and took the ram, and offered him up for a burnt offering in the place of his son. And Abraham called the name of that place [Yahweh jireh] The LORD will provide, as it is said to this day: On the Mountain Yahweh provides (Genesis 22:11-14).

Yahweh-rapha = "Yahweh who heals": If you will give earnest heed to the voice of Yahweh your God and do what He regards as right, if you pay attention to His commandments and keep all His laws, I shall never inflict on you any of the diseases that I inflicted on the Egyptians, for I am Yahweh your Healer [Yahweh rapha] (Exodus 15:26).

Yahwehnissi = "Yahweh My Banner": (after willing a battle with God's assistance ) Moses built an altar, and named it Yahweh is My Banner [Yahweh-nissi] ...(Exodus 17:16).

Yahweh-mekoddishkem = "Yahweh Who Sanctifies You": And Yahweh spoke to Moses, saying, 'But as for you, speak to the sons of Israel, saying, "You shall surely observe My Sabbaths; for this is a sign between Me and you throughout your generations, that you may know that I am Yahweh who sanctifies you [Yahweh-mekoddishkem]...(Exodus 31:12).

Yahweh-shalom = "Yahweh is Peace": He said, 'Alas, my Lord, Yahweh! Now I have seen the Angel of Yahweh face to face ' Yahweh answered, 'Peace be with you; have no fear; you will not die.' Gideon built an altar there to Yahweh and called it Yahweh is peace [Yahweh-shalom] (Judges 6:22-24).

Yahweh-sabaoth = "Yahweh of Hosts" (the "hosts" are the army of angels who serve God): Who is He, this king of glory? Yahweh of Hosts [Yahweh-saboath], He is the king of glory (Psalm 46:7, NJB); The LORD of Hosts [Yahweh-sabaoth] is with us; the God of Jacob is our stronghold (Psalms 22:10, NAB).

Yahweh-raah = "Yahweh My Shepherd": The LORD [Yahweh raah] is my shepherd; I shall not want ...(Psalms 23:1, NAB).

Yahweh-tsidkenu = "Yahweh Our Saving Justice": Look, the days are coming, Yahweh declares, when I shall rise an upright Branch for David; He will reign as king and be wise, doing what is just and upright in the country. In his days Judah will triumph and Israel live in safety, and this is the name He will be called Yahweh-our-saving-justice [Yahweh-tsidkenu] (Jeremiah 23:5-6).

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ADVANCED BANKING QUESTION #3


11:45 PMADVANCED BANKING QUESTION # 1

IF YOU HAVE PHYSICAL CURRENCY IN A MULTI CURRENCY ACCOUNT OR A MULTIPLE CURRENCY ACCOUNT, WHEN YOU TAKE FUNDS FROM THE ACCOUNT USING A DEBIT CARD AND CONVERT TO USD, ITS THAT CLASSIFIED AS A CAPITAL GAIN TAXABLE EVENT, AN EXCHANGE, OR A CONVERSION?

ADVANCED BANKING QUESTION # 2

WHAT ARE THE ADVANTAGES OF A MULTI CURRENCY ACCOUNT AND A MULTIPLE CURRENCY ACCOUNT AND WHAT DO THESE ACCOUNTS DO?

ADVANCED BANKING QUESTION #3

WE ALL UNDERSTAND THAT SOME OF THE CURRENCIES WE HOLD ARE JUST LIKE HOLDING PHYSICAL GOLD

HERE IS THE QUESTION

AT EXCHANGE HOW DO YOU STRUCTURE YOUR PERSONAL GOLD VAULT?

A. EXCHANGE SOME OF THE CURRENCY AND PLACE THE REMAINING CURRENCY INTO A MULTI CURRENCY ACCOUNT.

B. EXCHANGE SOME OF THE CURRENCY AND PLACE THE REMAINING CURRENCY INTO A MULTIPLE CURRENCY ACCOUNT

C. EXCHANGE SOME OF THE CURRENCY AND PLACE THE REMAINING CURRENCY INTO A NON INTEREST BEARING ACCOUNT

D. UTILIZE ARBITRAGE WITH AN MCA ACCOUNT AND ONLY EXCHANGE AND CONVERT AS NEEDED & KEEP YOUR GOLD

E. LEVERAGE YOUR EXCHANGE WITH AN MCA ACCOUNT AND DIVERSIFY TO M.I.N.T & B.R.I.C.S. CURRENCIES

F. DO NOT EXCHANGE AND LEVERAGE THE CURRENCY IN YOUR MCA ACCOUNT INTO OTHER BANK INSTRUMENTS (LOC'S, VOD'S, SBLC'S, LOC'S, ETC) AND LET THE VALUE RISE ON THE GOLD YOU HOLD

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RECAP: 54 EXCHANGE TIPS & STRATEGIES YOU MAY NOT KNOW!!


11:47 PM

1. LEVERAGE MULTIPLE BANKS

2. UNDERSTAND BANKS WORK FOR YOU

3. UNDERSTAND (ROI)-RETURN ON INVESTMENT IS ALL THAT MATTERS

4. UTILIZE MULTIPLE CURRENCY ACCOUNTS & MULTI CURRENCY ACCOUNTS TO HEDGE FOR USD DEVALUATION

5. HAVE YOUR TIMED EXCHANGE PLAN READY

6. UNDERSTAND WHICH CURRENCIES HAVE NO RESTRICTIONS

7. UNDERSTAND THE BAIT & SWITCH & TRAPS

8. THINK LIKE A HEDGE FUND OWNER & WIN AS RATE GOES UP & DOWN ON CURRENCIES]

9. DIVERSIFY INTO OTHER STABLE CURRENCIES, EMERGING MARKETS, MINT AND BRICS NATIONS EXITING THE USD

10. USE THE NDA TO YOUR ADVANTAGE AND MAKE IT WORK FOR YOU AND NOT YOU WORK FOR IT (IF APPLICABLE)

11. UNDERSTAND THAT YOU HAVE OPTIONS

12. BE SMART

13. EVALUATE ALL OPTIONS

14. DO NOT LET GREED AND PROFIT MAKE YOU THINK YOU ARE LOSING

15. UNDERSTAND YOU CAN WALK OUT OF APPOINTMENT AND GO TO THE NEXT BANKS

16. READ ALL PAPERWORK (TAKE PERSON WITH YOU TO EXCHANGE IF NEEDED)

17. UNDERSTAND YOU CAN WIN BIG TIME AND USE THE TRICKS, TRAPS, MISDIRECTIONS, HURDLES, OBSTACLES, AND BAIT & SWITCH TO YOUR ADVANTAGE

18. DO NOT MAKE DECISIONS BASED ON YOUR FINANCIAL SITUATION

19. UNDERSTAND THERE ARE WEALTH MANAGEMENT AND ASSET PROTECTION STRATEGIES AVAILABLE

20. UNDERSTAND THIS IS A GAME

21. DO NOT MAKE DECISIONS BASED ON EMOTIONS

22. MAKE SURE YOU INTERVIEW THE BANKS AND DO NOT LET THEM INTERVIEW YOU

23. GET A FINANCIAL ADVISORY TEAM IN PLACE

24. GET A TAX ATTORNEY/ACCOUNTING FIRM IN PLACE AND PAY FOR AN OPINION

25. USE THE RESERVES TO YOUR ADVANTAGE

26. UNDERSTAND TIMING IS CRITICAL

27. FOLLOW YOUR PLAN AND TRAPS DO NOT MATTER

28. GET NEW EMAIL ADDRESSES

29. UNDERSTAND DANGERS OF ONLINE BANKING

30. UNDERSTAND THE STRUCTURE TO WIN AND KEEP CONTROL NOTE: YOU NEVER GIVE ADVISORS 100% AUTHORIZATION TO USE FUNDS WITHOUT PERMISSION IN WRITING...................

31. USE TIME AS YOUR FRIEND

32. FOLLOW YOUR PLAN YOU HAVE IN WRITING

33. ASK BANKS & WEALTH MANAGERS QUESTIONS

34. DO NOT MAKE FAST DECISIONS

35. KEEP YOUR BUSINESS PRIVATE AND CONFIDENTIAL

36. UNDERSTAND DANGERS & RISKS OF DOING BUSINESS WITH FAMILY AND FRIENDS

37. CONTROL EVERYTHING AND OWN NOTHING (IN YOUR NAME)

38. UNDERSTAND FINANCIAL ADVISORS AT BANKS WORK FOR BANKS

39. UNDERSTAND INDEPENDENT ADVISORS WORK FOR YOU

40. ALWAYS GET OTHERS TO REVIEW INVESTMENTS YOU MAKE

41, UNDERSTAND THE SHARKS & CROOKS WANT YOUR MONEY

42. UNDERSTAND THE NUMBERS HAVE BEEN CALCULATED THAT YOU WILL LOSE ALL OF YOUR MONEY IN 2-3 YEARS

43. HELP OTHERS PRIVATELY

44. LET YOUR SPIRITUAL & BELIEF SYSTEM GUIDE YOU IN CONJUNCTION WITH PROFESSIONALS

45. BLESS AND HELP THE LESS FORTUNATE

46. CHANGE YOUR SOCIAL CIRCLE

47. UNDERSTAND PEOPLE YOU HAVE MET ONLINE YOU DO NOT KNOW

48. GET PRIVATE COMPUTER FOR BANKING

49. UNDERSTAND HOW WEALTH MANAGERS AND FINANCIAL ADVISORS THINK

51. UNDERSTAND THE RESERVES AND LAYAWAYS & BROKERS AND USE TO YOUR ADVANTAGE

52. DO NOT GET CAUGHT UP IN THE HYPE OF THE HIGH RATES, AND HIGH RATES DROPPING

53. LEVERAGE MULTIPLE CURRENCY EXCHANGE RATES IN YOUR LEVERAGED EXCHANGE PLAN

54. UNDERSTAND THE IMPORTANCE OF A THIRD PARTY NON BANK WEALTH MANAGEMENT ENTITY

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WHAT IS IMF ARTICLE VIII & ARTICLE XIV

Wednesday, March 26, 2014

12:02 AM

IPayments Restrictions

There has been in recent years a substantial improvement in the balance of payments and the reserve positions of a number of Fund members which has led to important and widespread moves to the external convertibility of many currencies. Most international transactions are now carried on with convertible currencies, and many countries have progressed far with the removal of restrictions on payments. In consequence of these developments, it seems likely that a number of members of the Fund either have reached or are nearing a position in which they can consider the feasibility of formally accepting the obligations of Article VIII, Sections 2, 3, and 4.

Previous decisions taken by the Fund, such as those on multiple currency practices, bilateral arrangements, discriminatory restrictions maintained for balance of payments purposes, and payments restrictions for security reasons, indicate the Funds attitude on these matters. The present decision has been adopted as an additional guide to members in pursuance of the purposes of the Fund as set forth in Article I of the Articles of Agreement.

1. Article VIII provides in Sections 2 and 3 that members shall not impose or engage in certain measures, namely restrictions on the making of payments and transfers for current international transactions, discriminatory currency arrangements, or multiple currency practices, without the approval of the Fund. The guiding principle in ascertaining whether a measure is a restriction on payments and transfers for current transactions under Article VIII, Section 2, is whether it involves a direct governmental limitation on the availability or use of exchange as such. Members in doubt as to whether any of their measures do or do not fall under Article VIII may wish to consult the Fund thereon.

2. In accordance with Article XIV, Section 3,1 members may at any time notify the Fund that they accept the obligations of Article VIII, Sections 2, 3, and 4, and no longer avail themselves of the transitional provisions of Article XIV. Before members give notice that they are accepting the obligations of Article VIII, Sections 2, 3, and 4, it would be desirable that, as far as possible, they eliminate measures which would require the approval of the Fund, and that they satisfy themselves that they are not likely to need recourse to such measures in the foreseeable future.

If members, for balance of payments reasons, propose to maintain or introduce measures which require approval under Article VIII, the Fund will grant approval only where it is satisfied that the measures are necessary and that their use will be temporary while the member is seeking to eliminate the need for them. As regards measures requiring approval under Article VIII and maintained or introduced for nonbalance of payments reasons, the Fund believes that the use of exchange systems for nonbalance of payments reasons should be avoided to the greatest possible extent, and is prepared to consider with members the ways and means of achieving the elimination of such measures as soon as possible. Members having measures needing approval under Article VIII should find it useful to consult with the Fund before accepting the obligations of Article VIII, Sections 2, 3, and 4.

3. If members at any time maintain measures which are subject to Sections 2 and 3 of Article VIII, they shall consult with the Fund with respect to the further maintenance of such measures. Consultations with the Fund under Article VIII are not otherwise required or mandatory. However, the Fund is able to provide technical facilities and advice, and to this end, or as a means of exchanging views on monetary and financial developments, there is great merit in periodic discussions between the Fund and its members even though no questions arise involving action under Article VIII. Such discussions would be planned between the Fund and the member, including agreement on place and timing, and would ordinarily take place at intervals of about one year.

4. Fund members which are contracting parties to the GATT and which impose import restrictions for balance of payments reasons will facilitate the work of the Fund by continuing to send information concerning such restrictions to the Fund. This will enable the Fund and the member to join in an examination of the balance of payments situation in order to assist the Fund in its collaboration with the GATT. The Fund, by agreement with members which are not contracting parties to the GATT and which impose import restrictions for balance of payments reasons, will seek to obtain information relating to such restrictions.

Decision No. 1034-(60/27),

June 1, 1960

1 Ed. Note: Corresponds to Article XIV, Section 1 of the Articles of Agreement after the Second Amendment.

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UPDATE ON IRAQ MONETARY REFORM & CURRENCY POLICIES IN CONDENSED VERSION


12:07 AM

1. THE CBI HAS TAKEN IN TRILLIONS IN DINARS FROM ALL OF THE BANKS

2. THE 2 LARGEST BANKS REFUSED TO TURN THEIR DINARS IN

3. THIS IS ALL TIED TO IMF ARTICLE 8 COMPLIANCE

4. UNDERSTAND DE-DOLLARIZATION AND RE-DENOMINATION IN MONETARY POLICY

5. THE EXCHANGE RATE HAS TO ADJUST NOW

6. THIS IS TIED DIRECTLY TO IN COUNTRY MONEY SUPPLY & FIGURES

7. THE LOWER DENOMS MUST BE RELEASED SOON

8. THE CBI IS OPERATING LIKE THE FEDERAL RESERVE BANK

9. THIS IS TIED DIRECTLY TO THE NEW OPEN MARKET POLICY TO BE IMPLEMENTED

10. FOREIGN OBLIGATIONS CAN NO LONGER BE PAID IN USD AS OF YESTERDAY IN IRAQ

11. THERE WILL BE A 1:1 RATIO REQUIRED AT A MINIMUM

12. BANKS IN IRAQ HAVE NO LIQUIDITY

13. IRAQ IS UP FOR ARTICLE IV REVIEW WITH THE IMF IN DAYS

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7 CRITICAL EXCHANGE TIPS FOR TODAY!!!!


12:09 AM

1. MAKE SURE YOU PLACE YOUR FUNDS ON THE WEALTH/TRUST SIDE OF THE BANK

2. 1-800 NUMBERS ARE NOT REQUIRED IF YOU HAVE BANKING RELATIONSHIPS

3. UNDERSTAND STATE CHARTERED BANKS AND HOW THEY WORK

4. HAVE AN ATTORNEY REVIEW YOUR DOCUMENTS IF NEEDED

5. HAVE YOUR FRN AND TRN STRATEGY IN PLACE BASED ON TIMING

6. DO NOT LET BANKS PUSH YOU INTO CONTRACTS YOU DO NOT UNDERSTAND

7. THERE ARE GROUPS MISLEADING PEOPLE (RIGHT NOW) AND MAKING FALSE REPRESENTATIONS TO STEAL YOUR CURRENCY WITH A SCAM GROUP EXCHANGE

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THE SHADOW BANKING STEALTH MUTATION


12:13 AM

According to the latest study by the Financial Stability Board (FSB) the unregulated $72 Trillion Global Shadow Banking System is now larger than the global regulated banking system. How could an unregulated and opaque industry, which is larger than the entire worlds GDP operate with such little attention? Even the FSB is not a government entity and operates under the auspices of an entity with a highly checkered and mysterious background - The Bank of International Settlements in Basel Switzerland.

The FSB has had only two Chairmen since its inception who were able to see the full extent of the operations of this global industry: Mario Draghi who is now head of the European Central Bank (ECB) and Mark Carney who is now the Governor of the Bank of England (BOE). Ben Bernankes wrote academically on the subject before being quickly catapulted to the Chairmanship of the Federal Reserve. Sounds like these are important qualifications if you are to run the world's financial apparatus.

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RECAP: ADVANTAGES & DISADVANTAGES OF EXCHANGING WITH A CURRENCY BROKER/DEALER


12:16 AM

ADVANTAGES

1. MULTIPLE PAYMENT OPTIONS TO BUY CURRENCY

2. BUY/SELL ARRANGEMENTS CAN BE EXECUTED ONLINE

3. MANY OF YOU ALREADY HOLD RESERVES WITH DEALERS & ARE CUSTOMERS

4. YOU HAVE THE OPTION TO GET IQD & CASH OR BOTH

5. YOU CAN LIQUIDATE MULTIPLE CURRENCIES

6. MULTIPLE OFFICES WILL BE OPENED NATIONWIDE

7. YOU HAVE THE OPTION TO PICK UP YOUR IQD

8. YOU CAN LIQUIDATE A RESERVE TO PURCHASE MORE CURRENCIES

9. OPTIONS FOR METALS

10. LEVERAGE TO PURCHASE MORE CURRENCIES WITH RESERVES

11. LAYAWAY & RESERVE OPTIONS

12. OPTION TO PURCHASE EMERGING MARKET CURRENCIES

13. COMPLETE THE EXCHANGE FROM THE PRIVACY OF YOUR HOME

14. LEVERAGE RESERVES IN THE EVENT CURRENCY RATE INCREASES

15. OPTION TO LAYAWAY MULTIPLE EMERGING MARKET CURRENCIES

16. CAN EXCHANGE IMMEDIATLEY

17. CUSTOM IQD TRANSPORT OPTIONS AVAILABLE

18. MANY OFFER SAME DAY FAST IMMEDIATE CASH OPTIONS

19. SOME OFFER RATE LOCK OPTIONS

20. NO BROKER HAS DISCUSSED AN NDA

21. NO BROKER HAS DISCUSSED EXCHANGE LIMITS

22. 1-800 NUMBERS NOT REQUIRED

23. YOU CAN LOCK YOUR RATE IN

DISADVANTAGES

1. IQD DEALERS ARE NOT BANKS

2. BANK PACKAGES & PERKS WILL NOT BE AVAILABLE WITH IQD DEALERS

3. INCREASED WAIT TIME AT EXCHANGE

4. INCREASED WAIT TIME FOR APPOINTMENTS

5. BANKS WILL HAVE MORE PRODUCTS & SERVICES AVAILABLE

6. LESS ROOM TO NEGOTIATE EXCHANGE RATE

7. RATES MAY NOT BE AS HIGH AS BANKS

8. INCREASED WAIT TIME TO RECEIVE PHYSICAL IQD

9. INCREASED WAIT TIME FOR PHONE TRANSACTIONS

10. LIMITED STAFFING

12. CAN NOT GET MULTIPLE CHECKS AT EXCHANGE FOR DEBTS & PURCHASES

13. LIMITED NATIONWIDE LOCATIONS FOR PHYSICAL IQD PICK UP

14. INSURANCE LIMITATIONS WITH MAIL SHIPMENTS

15. NO FINANCIAL ADVICE

16. BANK ACCOUNTS CAN NOT BE SET UP

17. WILL BE MORE DIFFICULT TO STRUCTURE GROUP EXCHANGE PACKAGES

18. PICK UP SECURITY RISKS

19. LIMITED CUSTOMER SERVICE

20. HIGH RATES MAY NOT BE AVAILABLE

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DEVALUATION PLAN AND STRATEGY IN PLACE FOR YOUR CURRENCY EXCHANGE


12:21 AM

1. COUNTRIES ARE EXITING THE UNITED STATES DOLLAR

2. COUNTRIES NO LONGER WANT UNITED STATES TREASURIES

3. COUNTRIES ARE CIRCUMVENTING THE UNITED STATES DOLLAR AND TRADING IN THEIR OWN CURRENCY

4. MORE COUNTRIES ARE DOING CURRENCY SWAPS TO EXIT THE WORTHLESS FIAT UNITED STATES DOLLAR

5. THE UNITED STATES DOLLAR IS NOT BACKED BY ANY NATURAL RESOURCES

6. THE UNITED STATES DOLLAR IS NO LONGER BACKED BY GOLD

7. CENTRAL BANK LIQUIDITY SWAPS HAVE INCREASED AS COUNTRIES EXIT THE UNITED STATES DOLLAR

8. BANKS GLOBALLY ARE UPSIDE DOWN WITH TRILLIONS IN DERIVATIVES WITH THE UNITED STATES DOLLAR

9. FRACTIONAL BANKING IS FINALLY AT THE END

10. THE BANKSTERS ARE SCRAMBLING TO PUT A LAST MINUTE PLAN TOGETHER

11. BANKERS ARE DYING DAILY ON A GLOBAL SCALE

12. GLOBAL BANKS ARE UNDER INVESTIGATION FOR CURRENCY MANIPULATION VIA THE FOREX PROBES

13. THE VATICAN BANK IS UNDER INVESTIGATION

14. THE PETRO DOLLAR HAS REACHED THE END OF THE GLOBAL ROAD

15. B.R.I.C.S. COUNTRIES NO LONGER WANT THE UNITED STATES DOLLAR

16. M.I.N.T. COUNTRIES NO LONGER WANT THE UNITED STATES DOLLAR

17. CHINA NO LONGER HAS INTEREST IN THE UNITED STATES DOLLAR

THERE IS ONLY 1 SOLUTION TO THIS GLOBAL ECONOMIC CRISIS

DO YOU HAVE YOUR CURRENCY EXCHANGE DEVALUATION PLAN IN PLACE IN THE EVENT THE EXCHANGE TAKES PLACE INTO F.R.N'S?

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RECAP: 13 CRITICAL CONCERNS ABOUT THE NDA & CONTRACT RATE


12:25 AM

1. YOUR PAYOUTS MAY BE STRUCTURED LIKE AN ANNUITY OVER 10-20 YEARS

2. YOU LOSE 100% CONTROL OF YOUR MONEY

3. VIOLATION OF THE NDA COULD CAUSE ACCOUNTS TO BE FROZEN

4. THE NDA MAY CONVERT YOUR EXCHANGE TO AN INVESTMENT DUE TO THE FACT THAT IT WILL BE A CONTRACTED RATE AND MAY INCREASE YOUR INCOME TAXES

5. YOU MAY BE REQUIRED TO LEAVE FUNDS AT THE BANKING INSTITUTION

6. THE BANK COULD BE AUTHORIZED AND HAVE THE RIGHT TO CONTROL YOUR FUNDS

7. AT DIFFERENT TIERS YOU MAY SWITCH TO BEING A SHAREHOLDER IN THE BANK AND IF THE BANK LOSES MONEY YOU MAY LOSE MONEY

8. YOU MAY BE REQUIRED TO SIGN THE NDA BEFORE THEY TELL YOU WHAT THE RATE IS

9. THE NDA COULD HAVE A CLAWBACK CLAUSE STRUCTURED INSIDE OF IT

10 YOU BECOME AN INVESTOR IN THE BANK AS YOU AUTHORIZE THEM TO UTILIZE YOUR MONEY

11. THE N.D.A. TERM CAN HAVE SET TIME LIMITS ( 5 YEARS, 10 YEARS, 15 YEARS, 20 YEARS)

12. YOUR TAX STRUCTURES WILL CHANGE

13. YOU MAY NOT NET WHAT YOU INITIALLY THOUGHT YOU WOULD NET

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WHAT IS F.I.N.C.E.N


12:33 AM

FinCENs mission is to safeguard the financial system from illicit use and combat money laundering and promote national security through the collection, analysis, and dissemination of financial intelligence and strategic use of financial authorities.

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