TNT DINAR UPDATE 9-26-25
The Spaces reviewed an impending currency event centered on Iraq’s oil export restart and banking readiness. Host Tony (with co‑host Ray) said the Iraq–Turkey oil deal is signed and oil is already flowing on back systems, with official start at 6:00 a.m. Iraq time, but noted there has been no public rate-change announcement by PM Mohammed Shia’ al‑Sudani. Tony reported multiple test exchanges occurred today under NDAs with no rate disclosures, and banks anticipate broader exchanges tomorrow despite lacking 800 numbers and weekend staffing memos. He emphasized caution on timing windows and said Iran may be removed from international banking rails at midnight to curb smuggling. In Q&A, he addressed contracts that include rate-adjustment clauses, bank participation (Wells Fargo mandating branch participation; Tier‑1 banks seeking involvement), private banking processes, cybersecurity hygiene, and negotiation possibilities for higher rates for early exchangers via a tiered offer system. Tony rejected Nesara/Gesara, QFS, military escorts, and redemption-center narratives, asserting ZIM and other currencies would be handled by banks. Questions covered DNO’s stance, quarter-end timing, tax treatment, appointment strategy, and whether VND or Venezuelan bolivar would be in the basket, with Tony advising pragmatism and preparation while awaiting official signals.
TNT Twitter Spaces Recording Summary – September 26, 2025
Participants and Roles
- Tony (primary host): Led the call, provided updates, commentary, and guidance.
- Ray (RayRen98, co-host): Opened the session, read audience questions, and moderated callers. Noted he was feeling unwell.
- Audience/callers (selected handles/names): Karesu Time, Arthur, Danny (Dallas), Tai Chi, Trish, Bus Lady, Dear to Dream, Spoon, West (connection issues), among others. Ray also read questions from usernames such as Old Crow, Giant Fan, Spartacus, Danarion, Scatto, etc.
Executive Overview
- Oil and gas agreement (Baghdad–Kurdistan) is reported as signed and operationally testing; official public start of oil flow is scheduled for 6 a.m. Iraq time.
- Tony asserts oil is already flowing “at the new rate” behind the scenes; however, there has been no public currency-rate announcement by Prime Minister Mohammed Shia’ Al-Sudani.
- Test exchanges were reportedly conducted today across 10 districts under NDAs to validate systems, with everything “cleared and approved” for tomorrow, per Tony’s on-call updates.
- Banks did not distribute standard “all hands” memos or weekend staffing directives, which could affect timing of retail exchanges. 800 numbers had not been released yet during the call.
- Multiple earlier windows (7 a.m., after noon, after 5 p.m.) came and went without a change; next window is tomorrow morning (Saturday), which Tony views as more favorable since Forex is closed.
Current Status and Timing
- Oil and gas: Official public start set at 6 a.m. Iraq time (Tony notes this is approximately 10 p.m. U.S. time, depending on timezone). Tony claims internal flows already running and tested.
- Public rate announcement: Not yet made. Tony states the “announcement we’re waiting for” is Al-Sudani telling the country the new rate—no whispering or dark launch.
- System testing: Tony received confirmation during the call of multiple test exchanges conducted today under NDA, across 10 districts, systems “all clear,” expecting broader action “tomorrow.”
- Bank readiness: No broad weekend staffing memos observed. Tony says banks could still mobilize quickly Saturday morning, calling in crews to start processing by noon.
- Windows: Friday (holiday considerations) seen by Tony as unlikely; Saturday (with Forex closed) viewed as optimal for a mid-day start if it happens; Monday remains a possibility if weekend staffing or public announcements slip.
Banking Process, 800 Numbers, and Branch Participation
- 800 numbers: Not yet available at the time of the call. Tony expects either:
- Dedicated 800 numbers staffed by live personnel who will ask pertinent questions (currency, amounts, location capabilities) and schedule appointments appropriately; or
- If no TNT-specific 800 numbers, individuals may still go to participating banks and request the best available rates and appointment scheduling.
- Bank participation:
- Wells Fargo: Described by Tony as a foundation bank. While individual WF branches previously could opt out, Tony now says Wells Fargo has notified all branches they will participate, “like it or not.”
- Citi, Bank of America, and Chase: Tony reports they want a “bigger piece of the pie” and expects them to be included via 800 numbers and participate in exchanges.
- Branch-level knowledge: Tony cautions that branch or teller-level staff might be unaware until “30 seconds after it happens.” Private banking/wealth management channels will have higher access and privacy.
- Appointment strategy:
- If you can open an account online now, do so to avoid a two-step process on exchange day.
- If you cannot open online, you may need an appointment first to create an account, then proceed to exchange.
- Dedicated private banking: Once in wealth-management tiers, customers use private bank offices (not retail branches), and account access is restricted to authorized teams.
Currency Topics and Rates (As Discussed)
- Iraqi dinar (IQD):
- Tony rejects rumors of a 1,000:1 exchange; he says the concept is one dinar, not 1,000.
- He has long referenced “three zeros dropped” and spoke of rate figures such as $3.86 and $5.96 per IQD in the conversation; he also referenced negotiation targets like “28.50” in certain bank contexts.
- Danarion’s question: “Does sending oil from Iraq to Turkey require a new rate?” Tony: He’s always heard the whole deal requires a new rate. Contracts signed at the old rate have clauses applying rate changes to the contract when it changes.
- Vietnamese dong (VND):
- Some branch staff quoted old retail exchange matrices (e.g., 100,000 VND ≈ $3.42) and claimed non-participation today. Tony says retail staff may not be in the loop yet.
- Tony believes VND is in the current basket (but has noted mixed signals in recent days). Advice: bring it to the bank; if not exchangeable now, expect “greater later.”
- Venezuela bolívar (VES):
- Conflicting signals; Tony will take his to the bank. If not now, “greater later.”
- Audience Q noted DNO (Norway) not signing; Tony says mechanisms exist to pay and flow, and the overall agreement continues.
- Zimbabwe (ZIM) and agro cheques:
- Tony rejects “redemption center” and military escort narratives. He states Tier 1 banks, including Wells Fargo and Regions Bank, will handle ZIM.
- He emphasizes going directly to banks, not offsite “ops” or opaque group arrangements.
Tiers, Negotiation, and Public vs Internet Groups
- Tier structure:
- Tony describes “internet people” (Tier 4B) going first, then the general public.
- Banks may use a tiered offer structure to simplify decisioning, possibly reducing the need for extended negotiation at the desk.
- Negotiation and quotas:
- Tony says banks have quotas for offering certain higher rates to a percentage of early exchangers; asking for higher rates (e.g., 28.50 on IQD) is possible until quotas are met.
- General public later would receive Forex rates.
- Limits:
- Tony says banks want to do a single comprehensive exchange, not multiple limited tranches; no per-person per-visit limits discussed for this process.
Taxes and Legal Considerations
- Taxes: Tony states that those who have exchanged so far did not pay taxes; Ray advises reviewing relevant treaties and consulting a tax professional to confirm personal obligations.
- NDAs: All test exchange participants signed NDAs; no rate disclosures from testers yet.
Strategy and Risk Management Guidance
- Timing and approach:
- Tony previously propagated “second mouse gets the cheese,” but now advises going early when it opens due to increasing global volatility and shortened windows.
- Saturday is tactically appealing because Forex is closed, enabling a mid-day start.
- Security and privacy:
- Use a dedicated computer and phone exclusively for banking to reduce hack/exposure risk.
- Tony will not recommend specific hardware (brand liability concerns). Avoid risky online behavior with financial info.
- Expect private banking solutions post-exchange; private bankers can come to you, minimizing branch exposure.
Geopolitical and Systemic Context (Tony’s Assertions)
- Iran and SWIFT: Tony says Iran is slated to be “completely removed from the international banking system” at midnight, blocking money smuggling from Iraq to Iran via wires or debit cards.
- Russia: Tony claims Russia has stopped shipping gas due to domestic shortages, affecting war capability.
- China: Leadership situation reportedly unsettled, delaying finalization of agreements.
- Regional tensions: Syria/Venezuela developments expected; “a lot of things happening” in the Middle East—any escalation could affect timing.
- Global liquidity: Tony claims England, Germany, and France are “out of money,” increasing pressure for the RV; “if this country goes down, the global economy goes down.”
Myth-Busting and Narrative Clarifications (Tony’s View)
- Nasara/Gesara/QFS:
- Tony firmly dismisses these narratives as “nonsense” (e.g., military escorts to banks, colored dollars, 10 days of darkness, quantum cards at exchange).
- Dong before dinar?
- Tony says IQD is the foundation for the GCR; he does not see dong revaluing before dinar.
- Group exchanges in Reno, etc.:
- Tony warns against handing currency to opaque groups that set their own rates and terms. He predicts post-fact lawsuits for those short-changed relative to direct bank rates.
Selected Q&A Highlights
- Norway’s DNO and oil/gas agreement (Old Crow): Tony says mechanisms to pay are in place; agreement continues.
- End of Q3 vs Q1 timing (Giant Fan): If not by end of September, Tony notes Q1 of fiscal year begins October 1 (consistent with Shabibi-style timing questions).
- Taxes on exchanges (Old Crow): Tony says testers did not pay taxes; Ray suggests checking treaties and consulting tax advisors.
- If no 800 numbers, can banks still offer best rates? (Scatto): Tony says yes; ask for the highest rates (e.g., 28.50 for IQD) at participating banks.
- “Haves and have-nots” post-RV (Spartacus): Tony says it’s the same as “rich vs poor” based on holdings.
- VES inclusion in basket and tweeting updates: Tony says it fluctuates daily; he’ll bring VES to the bank; if not now, later.
- China/Iran leadership status (Bob K): Tony says not finalized; China agreements pending leadership; Iran facing water and food scarcity; no one buys their oil.
- Oil to Turkey needs new rate? (Danarion): Tony heard the whole deal requires a new rate; new rate clauses included in recently signed contracts.
- 1,000:1 exchange rumor for IQD and VND (Karesu Time): Tony rejects; asserts one dinar exchanges at rate (not 1,000).
- Branch denial of IQD/VND exchanges (Chase visit): Tony says branch staff may not know until after the switch; foundation and Tier 1 banks will participate.
What’s Still Outstanding
- Official rate announcement: PM Al-Sudani has not announced a new rate to the country.
- 800 numbers: Not yet released; may be issued in the morning if the system goes live.
- Bank staffing: No standard “no vacations/standby” memos observed for the weekend; could still be mobilized early Saturday.
- Oil: Official oil flow start at 6 a.m. Iraq time; Tony says it’s already flowing at the new rate behind the scenes.
- Next steps: Watch for early-morning updates—either release of 800 numbers or an advisory to proceed directly if chaos ensues.
- Additional baskets: Tony says two more baskets will follow this one; he will share specifics with the next group post-event.
Key Takeaways
- Tony views the process as “right on the edge,” with all systems “done” except practical bank mobilization and the public rate announcement.
- Multiple tests under NDAs were reportedly completed across 10 districts with all-clear status for tomorrow.
- Expectation windows are immediate; Saturday is seen as tactically favorable. Monday remains possible if staffing/announcement slip.
- Proceed cautiously but be ready; open necessary accounts now, prepare documentation, and plan to request the best available rates when the system opens.
- Ignore offsite “redemption center,” military escort, and QFS narratives; deal directly with Tier 1 banks and private wealth channels.
Terminology (for clarity)
- RV: Currency revaluation.
- GCR: Global Currency Reset; Tony asserts IQD is the foundation.
- Forex rate: The prevailing market rate available to the general public.
- 800 numbers: Dedicated call-in numbers expected to route exchangers to appropriate bank locations.
- NDA: Non-Disclosure Agreement; testers signed these for system validation.
- Tiers: Segmentation of exchangers (e.g., internet group vs public); banks may use tier-based offers.
Closing Note
Tony and Ray emphasize readiness, patience, and caution. Tony purposefully withheld premature “it’s done” alerts to avoid disappointment but conveyed that sources across banks and agencies are excited and believe activation could be imminent. Watch the early-morning window tied to the oil flow start, and be prepared to act promptly if 800 numbers are released or if banks begin exchanges without them.