ADMINBILL: 1640 MT UPDATE: THERE HAVE BEEN SEVERAL INCOMING MESSAGES FROM GOOD SOURCES THAT INDICATE THAT MUCH HAS HAPPENED AND MUCH MORE IS HAPPENING THAT MAY BRING THIS TO CONCLUSION VERY SOON.
"VERY SOON" MEANS WE ARE IN A SPOT.
ADMINBILL: TOLD YUAN OFFICIALLY DE-PEGGED FROM THE DOLLAR TODAY. ALSO SOURCE CONFIRMED WITH PERSONAL CONTACT IN IRAQ THAT THE LOWER DENOMINATIONS (5-10-25) HAVE BEEN DISTRIBUTED.
PROGRESS IS BEING MADE.
RatFink: Admin, that has been told by at least 6 diff people today, and I'm reading it off of several sites.
Herb: Bill do your sources agree that it has to go public within 24 hours after Iraq?
ADMINBILL: HERB - NOT ASKED NOR WAS IT MENTIONED
Hub: I only go on economic principle...the facts I go on is for Iraq to return to the height of their heyday, 50's, 60's 70's etc, they have to be in the middle of global trade and tourism, and to do so...they must have a tradable currency, or no one will do business with them...
Rate? i dont have the foggiest, but it must be one all countries want to trade for, it must show the value of the resources of the country and must be the acceptable currency for that particular entity.
So as soon as they put a reasonable value, the world will beat their door down and all will be well.
Salomon63: The Iraqi dinar is like buying a stock. To buy 1 share of the dinar it only costs .0009 But as buying pressure increases I would suspect we will see the price go to up to .001 inching higher and higher until they RV their currency.
On the inverse side. 1 dollar will buy you now approx. 1158 dinars. That should begin to decrease to 1100 and below.
Very interesting times we live in. Just as Donald Trump shocked the world by beating the odds against him to become our next president, Iraq is about to shock the world as well by coming back to LIFE!
I agree with those that have posted about Kim Clement. He said that it would be nothing, nothing, nothing, and then all of a sudden something!
We are coming out of the night and I can see the sun is beginning to shine to reveal and expose what is really happening.
Thanks again Frank, Tink, Delta, and team for all you do. I too am one who always watches the conference call but usually do not post but appreciate you guys SO MUCH!
FrostyTheSnowman: TICK-TOCK Iraq ...
Solutions are floating at your dock!
Don961: The central bank acknowledges its inability to monitor the work of banks, assisted by foreign firms
November 11 2016 14:26
Iraq Central Bank Baghdad Post
Iraqi Central Bank acknowledged its inability and failure to operating in Iraq banks monitor and assess the level of their work and their eligibility for the performance of the financial and economic role.
Governor of the Central Bank on the Keywords announced a contracted bank with international companies to evaluate the work of banks, indicating that the deal with the banks will be, according to those assessments.
The Keywords in a press statement, "the banking sector in Iraq, a modern configuration and modern existence, grew up in unfavorable conditions and in an environment of a lot of challenges, but at the same time contain a lot of opportunities."
He added, "to ensure growth and stimulate the banking sector depend on the application of globally agreed best practices, which advanced thanks to which countries in the banking sectors. "
He explained the Keywords," the central bank focus, today, on these criteria is very large and is trying to apply the best standards on the subject of control, compliance and risk management , "noting" he began to assess the work of banks through contracts with international companies, given the indicators and figures on the operating banks in Iraq. "
it consists of the banking system in Iraq , " 45 "banks, in addition to the central bank," 7 " , including state banks and" 23 "commercial banks including a special "9" Islamic banks, in addition to "15" branches of foreign banks.
Mot: God Bless the U.S.A. (I'm Proud to be an American) w/ lyrics