9-10-2012 Dan (PTR): We've all had some pretty strong thoughts in the past about the timing but the fact is we're all still here. If this thing doesn't happen really soon I don't see it happening to interfere with the election. If this goes past this week I don't see them revaluing to have anything to do with the election. Whoever the big people are that are holding this up are still holding it.
I have been thinking toward a future date myself but my feelings are that if it goes past this week we could be waiting until after the election. It's either gotta be really or soon or maybe a month out. The nice thing about Dr. Todd is that what he said wasn't opinion the man lived a lot of the stuff he talked about.
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9-4-2012 Tony (PTR): From seven different sources that they (lower denoms, coins) are there and they came with directions. In Columbus, Ohio (and other locations) Chase and Fifth/Third were doing currency exchange training yesterday.
Why would they bring in their people on a holiday to do currency exchange training? Something they were anticipating. Everybody is still anticipating this month. Between now and the middle of the month anything can happen. US contracts in Iraq getting paid $4.41 rate.
9-4-2012 Gary (PTR): The banks are looking at this with the same expectation as we are right now. They are all saying the same thing.
They are anticipating some currency changes, anticipating having to deal with a lot of Forex activity, and some major readjustments and people coming in; training tellers how to handle foreign currency. So when you see that you know that something is about ready to break.
9-4-2012 Gary (PTR): Major changes going on over there in country. They are moving forward and a lot of things pointing in the direction of they are ready, they are done. That is exciting!! The banks are looking at it in the same anticipation as we are. I am expecting some more positive things going on this week, hopefully some announcements.
9-4-2012 Dan (PTR): I see nothing negative except that it hasn't happened. The information that we have received that's going on in the banking institutions either overseas or here is what I have been looking for. I didn't say it was going to happen today, but I am hoping, I just don't see it yet
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[CountryGirl59] DAN: MICRO INTEL UPDATE : He wasn't going to do this kind of an update... I don't normally tell you guys these kinds of things...we normally dont beleive it but the level of this confirmation of things we're hearing today are kind of INTERESTING... I won't go into detail but to say we know the banks have been saying things for a long time and now we are hearing it from different parties and entities that are verifying it... there is a lot of movement in the last 24 hours....of things we would see if we were moving forward.... I'll leave it at that...My frustration is we have heard this level of stuff before all to wake up 3 or 4 days later and no one is talking....so it is a little different tonight...some of the places we are hearing are intersting......... END of Intel update...
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JerseyMike: C - Reuters article last week, once RV happens, the big banks will go bankrupt- don't really understand that article
dakotaman: C - article last week that banks will go bankrupt w/o RV?
dakotaman: T - I didnt hear it Gary?
JerseyMike: G - the process the banks work on is: loaning out money is based on assets they have. For every 1M, then loan out ~9x.
dakotaman: G - I didnt either but when banks loan out money its based on an asset base they have.
JerseyMike: G - so if asset base (based on real estate which has gone down), based on this if they don't have deposits on hand to support this loans, then they're in default. - lots of problems at the banks trying to meet these requirements today
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dakotaman: D - hello and or goodbye
JerseyMike: D - about to board the plane. Lots of crazy things this AM'
dakotaman: D - crazy things going on
JerseyMike: D - heard RV will about before he lands - if it happens, he'll be right back - heard lots of stuff this weekend. re; Reno, etc..
dakotaman: D - heard many things alot outta Reno why Reno?
JerseyMike: D - all poeple that didn't buy are trying to con us out of our IQD - it doesn't work that way. - anyone trying to get you to be part of something, are crooks
dakotaman: D - be careful many ppl that didnt buy into this are figuring other ways to get yer dianr
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7-21-2012 Dan (PTR): This is a real deal. Iraq is moving forward. All these countries and companies that are buying in and help out - what for? So, they are going to have a tenth of a penny?
Did they forgive debt and do all these things so they can go from a tenth of a penny to seventy or eighty cents? No! The revaluation will come back to at least where the reinstitution was which was above 2 or 3 dollars.
When we looked at what the G20 said two years ago this month they said it would be $3.22 to the 2009 American dollar. That puts it in the $4 range.
7-21-2012 Freebird: Iraq still does business during Ramadan
« on: Today at 06:39:32 PM »Quote7-21-2012 Freebird: Iraq still does business during Ramadan but it's inconsequential to the RV other than preparatory steps relating to the printing of the new currency in September, followed by the issuance of the LD's in January.
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