Adam Montana Chat May 5th 9:00 PM

Adam Montana Chat May 5th 9:00 PM


8:47 PM [Adam Montana] hi room
8:47 PM [Adam Montana] crazy day today huh?
8:47 PM [Adam Montana] good evening everyone
8:48 PM [Adam Montana] heh nobody wants to go first huh?
8:48 PM [Riley] Adam Montana speculation on why Ali really closed the doors
8:48 PM [Adam Montana] Riley I was just talking about that with my wife
8:49 PM [Adam Montana] she thinks the FBI thing is a cover story
8:49 PM [Adam Montana] I think she has a good point
8:49 PM [Adam Montana] the FBI doesn't come to protect you
8:49 PM [Adam Montana] they come to take your stuff and haul you away
8:49 PM [amargiot] until the other dealers close down, can we really make that much out of DT not buying/selling
8:49 PM [Adam Montana] amargiot that's a good point too
8:49 PM [SDDINAR] Adam Montana I am hearing that dinar trade is still buying and that this is still a good investment and that it will still take some time your thoughts ??
8:50 PM [pamalyons] I heard other dealers were closing
8:50 PM [Adam Montana] SDDINAR I love this investment
8:50 PM [Adam Montana] and Ali closing his doors
8:50 PM [easyrider] ali was indeed threatened
8:50 PM [Adam Montana] for whatever reason
8:50 PM [easyrider] but i believe this is bigger than we think
8:50 PM [Adam Montana] can only be good, in my opinion
8:50 PM [easyrider] that i can confirm of
8:50 PM [Adam Montana] one of two things is happening
8:50 PM [gold miner] Adam Montana do you think dealers will be allowed to diminish their inventories
8:51 PM [Adam Montana] 1 he was being audited and his accounts were frozen and he can't do business until they are released
8:51 PM [Adam Montana] so this would be a good cover story
8:51 PM [Adam Montana] or 2 he made it up so he could hold on to his Dinar
8:51 PM [Adam Montana] there is a bit of a misconception about his relationship with the UST
8:52 PM [Adam Montana] I know because one of my business partners IS a "Money Service business" JUST LIKE ALI
8:52 PM [Adam Montana] ANYONE can register as a MSB, the UST doesn't audit or control how you operate
8:52 PM [Adam Montana] and he can liquidate his dinar
8:52 PM [Adam Montana] transfer it to himself or to any entity he wants
8:52 PM [Adam Montana] in a second
8:53 PM [pamalyons] why shouldn't he be able to do that. It belongs to him
8:53 PM [Adam Montana] there is NOTHING that would prevent him from "gifting" all of the dinar that DT owns to himself or to his foreign corporation
8:53 PM [Adam Montana] pamalyons exactly
8:53 PM [Adam Montana] now
8:53 PM [Adam Montana] if ali knows something
8:54 PM [Adam Montana] and let's be honest, there isn't ANYONE who is more connected than him in the Dinar world
8:54 PM [Adam Montana] if he knows something, of course he would shut down

8:54 PM [Sheree] Adam Montana any new news from your CBI contact?
8:54 PM [Adam Montana] i emailed and called as soon as I heard about Ali closing the doors, and nothing yet
:54 PM [Sheree] Adam Montana okay, ty

8:54 PM [easyrider] adam let me get tis straight
8:54 PM [easyrider] so what you are implying is that this whole thing couod be a cover up
8:54 PM [easyrider] and ai knows something
8:54 PM [Adam Montana] easyrider could be yes
8:55 PM [Adam Montana] I am implying that i don't believe the FBI story
8:55 PM [Adam Montana] I guess it's not an "implication" anymore now that I said it

8:55 PM [jimpickles] Adam Montana CBI has sure been low....seems that could be a very good thing...seems their trying to get control of their currency
8:55 PM [Adam Montana] jimpickles absolutely
8:56 PM [Adam Montana] they want as much control as possible before an RV
8:56 PM [Adam Montana] you want all of your cows in the barn when it's slaughter day!

8:56 PM [sominus] If it, indeed, has "happened", why would CBI wait to update?
8:56 PM [Adam Montana] sominus they have the control, they can do anything they want

8:56 PM [easyrider] o also did you guys read the sterilization article
8:56 PM [Adam Montana] easyrider that was an AWESOME article
8:56 PM [easyrider] what i found was countries do this when they are about to rv their currency
8:58 PM [Adam Montana] there's a good chance, in my opinion
8:58 PM [Adam Montana] that Ali closed shop for some other reason than what he is publicly stating
8:58 PM [Adam Montana] if this was bad news for us, he wouldn't have closed shop... he would have had a "fire sale"
8:58 PM [Adam Montana] and liquidated
8:58 PM [Adam Montana] he didn't
8:59 PM [Adam Montana] he simply stopped selling
8:59 PM [Adam Montana] so let's just say the RV is announced
8:59 PM [Adam Montana] he cashes in all of his
9:00 PM [Adam Montana] ok so let’s just do a drill
9:00 PM [Adam Montana] if the RV is announced tomorrow
9:00 PM [Adam Montana] or any other day, for that matter
9:00 PM [Adam Montana] Ali, Tampa Dinar, etc will be opening Cash In locations
9:00 PM [Adam Montana] and they will give you the rate posted on the CBI website
9:01 PM [Adam Montana] there is a good chance that rate will include a massive spread
9:01 PM [Adam Montana] the CBI will do this to suck back some capital at a profit
9:01 PM [Adam Montana] these same dealers keep a huge pile of dinar on hand at all times to cover daily orders
9:01 PM [Adam Montana] they will obviously stop selling

9:02 PM [Adam Montana] because they make more money holding the dinar while the rate goes up
9:02 PM [Adam Montana] and then cashing in later at a higher rate
9:02 PM [Adam Montana] they make the MOST money if you cash in with them immediately!
9:02 PM [Adam Montana] so listen
9:02 PM [Adam Montana] I'm just giving you some friendly advice
9:02 PM [Adam Montana] when the RV is announced, do this:
9:02 PM [Adam Montana] STOP
9:02 PM [Adam Montana] take a breath
9:03 PM [Adam Montana] do NOT run to the first dealer cash in location you find
9:03 PM [Adam Montana] because you are going to pay a huge spread and also $150 per million
9:03 PM [Adam Montana] VIP members - this includes you
9:03 PM [Adam Montana] even though we will get a better rate at our partner banks
9:03 PM [Adam Montana] still, please don't rush
9:03 PM [Adam Montana] take your time and "shop" around
9:04 PM [Adam Montana] cashing in with dealers is probably the worst thing you can do, unless there are no other options
9:04 PM [Adam Montana] I know this might fly in the face of your current plans, because so many dealers have convinced you to cash in with them
9:04 PM [Adam Montana] but that's exactly what they want
9:05 PM [Adam Montana] and that's fine if you're ok with making less money
9:05 PM [Adam Montana] but if you want to make the most out of this, do the following:
9:05 PM [Adam Montana] take your time, evaluate, and be smart
9:05 PM [Adam Montana] open floor
9:05 PM [Sheree] Adam Montana I'm VIP, how soon will I get a certificate from you after RV so I can go to the banks you've partnered with?
9:05 PM [easyrider] adam so should we cash in at banks?
9:05 PM [Adam Montana] easyrider absolutely
9:06 PM [Adam Montana] and if you're VIP you will get a constantly updated list of our partner banks, the rates they are giving us, and which have the de la rue machines
9:06 PM [pamalyons] If I become a VIP right now, will I get the same information you send to your VIP?
9:06 PM [Adam Montana] pamalyons of course
9:06 PM [Darin] how would we even know if a RV occurred on a Friday considering that the CBI is closed? j/w
9:06 PM [Adam Montana] Darin That's why I’ve always said I think it will be a Sunday
9:07 PM [bigrocks85] Adam Montana after rv will you keep this site up
9:08 PM [Adam Montana] bigrocks85 perhaps, it depends on how the VIP investment site is doing... if I'm too busy there I may hand this site over to someone else
9:07 PM [wyocboy] Why do you think it will happen on Sunday???
9:08 PM [Adam Montana] wyocboy why on Sunday? Because that's Iraq’s "Monday". All of our banks would tell us to wait anyway - they won't cash us out until THEY can get paid
9:08 PM [Adam Montana] sominus it's built but hidden for now, until after RV
9:09 PM [easyrider] but banks charge a spread of 3%-4%
9:09 PM [easyrider] it makes total sense now
9:09 PM [easyrider] thanks
9:09 PM [Adam Montana] easyrider that's exactly it. Banks will also charge more after the RV, but our VIP leverage will cut it about in half
9:09 PM [Adam Montana] think about it
9:09 PM [Adam Montana] 4% of 1 million is 40,000
9:10 PM [Adam Montana] if you are VIP your $50 VIP payment made you 20,000
9:10 PM [Adam Montana] kind of silly not to be VIP
9:10 PM [Adam Montana] easyrider they were never asked
9:11 PM [easyrider] sterilization when countries do this
9:12 PM [Adam Montana] easyrider after the question was asked last night I read up on it
9:12 PM [Adam Montana] i love it
9:12 PM [Adam Montana] that was an excellent article

9:12 PM [Darin] Adam, question, if a family member were to become VIP, could their close family also get in on the deal of the banks that offer better rates? /w
9:12 PM [Adam Montana] Darin the VIP certificates go to one person only
9:12 PM [Adam Montana] and the banks will only honor it for that person
9:13 PM [Adam Montana] so if you are a VIP member, you can always cash in your family’s dinar
9:13 PM [Adam Montana] but you will need to use a CPA and a tax attorney to make sure you aren't on the hook for taxes on anything you cash in
9:13 PM [Adam Montana] anything over 10k gets reported on a fincen104 to the IRS
9:14 PM [Adam Montana] so if you cash out 1mm for you and 1mm for your mom or brother, the IRS only sees that YOU cashed out 2mm
9:14 PM [Adam Montana] you'll need to 1099 your brother, or something to that effect

9:14 PM [sominus] So how does the average joe (with an LLC) avoid taxes? We'll have to pay *something*....
9:14 PM [Adam Montana] sominus there's a thread in VIP about that
9:14 PM [Adam Montana] it's pretty deep
9:15 PM [Adam Montana] one sec
9:16 PM [Adam Montana] there's talk that there may be a "windfall tax"
9:16 PM [Adam Montana] no proof of it, but let's be honest
9:16 PM [Adam Montana] the IRS can do whatever the heck they want, whenever they want
9:16 PM [siberian_shaddow] Adam Montana what is a wind fall tax
9:17 PM [Adam Montana] siberian_shaddow kind of like a lottery tax
9:17 PM [pleasantvalleySunday] you get a "windfall" they take their share
9:17 PM [Adam Montana] the bigwigs on wall street got hit with an 80% tax just recently if you remember
9:17 PM [Adam Montana] pleasantvalleySunday exactly
9:17 PM [siberian_shaddow] do they need to pass in laws on that
9:17 PM [Adam Montana] siberian_shaddow no

9:17 PM [breault] What about if it was gifted? It was gifted and it was worth basically zip, now it's increased??
9:17 PM [Adam Montana] breault depends on who you gifted it to

9:17 PM [Legendary Dave] My wife has Chinese citizenship.. Should I cash out in China?
9:18 PM [Adam Montana] Legendary Dave if she also has US citizenship you're riding a tricky wire there
9:18 PM [Adam Montana] also, if you file jointly you are risking prison if you try to evade taxes that way
9:18 PM [Adam Montana] ok I'm going to get out
9:19 PM [Adam Montana] thanks all
9:19 PM [Adam Montana] happy to help, and looking forward to meeting you all soon!