Quote: "Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities."
Poppy3: THE ONLY PROBLEM WITH THAT RATE IS IT DOESNT HAVE ENOUGH VALUE FOR THE PEOPLE OF IRAQ TO GAIN CONFIDENCE IN THEIR DINAR TO STOP USING THE USD.
FURTHERMORE IT IS NOT NEAR ENOUGH TO FULFILL THE BUDGET OR TO FUND THE HCL .
THESE THREE THINGS ALONE TELLS ME IT WILL BE HIGHER THAN ONE TO ONE.
I ALSO POINT OUT ANYONE INVOLVED OR IN THE AUTHORITY TO MAKE THAT CHANGE HAS NEVER SAID A WORD ABOUT 1 TO 1 OR A LOW RATE PERIOD.
ONLY PEOPLE MAKING THEIR SUGGESTIONS HAVE ALLUDED TO 1 TO 1 POSSIBILITIES.
OilRat October 31, 2014 at 10:24am Just in on CNBC: n Citi just reported $1.6B in fines/legal fees for currency manipulation!!! All company's together on fines/legal fees for currency manipulation is over $6B
Count Blacula October 31, 2014 at 10:34am funny how so many currency manipulation fines for several banks but not one articles says which currencies are in question.
More Guesses to NEW Picture Intel/Clues:
G T October 31, 2014 at 10:53am New Clues.....
Whales Are Angry Because they Exchanged At Low Rates (SKR RATES)
Bank Employees Are getting Upset Because Their Employers Lied to them
They are Ready to "SPILL THE BEANS" to the Public!!!
Vinman October 31, 2014 at 10:48am
LOL...the whales are angry for getting low exchange first rates on their SKRs.
Well....that's what you get for being the first mouse.
Wells Fargo and Chase employees and tellers are angry for being lied too all this time.
Bank tellers and Wealth managers are ready to spill the beans to the general public....100% confirmed nationwide.
E > Vinman October 31, 2014 at 10:53am better geterdone before the general public buys the remaining dong and deener supplies
EXOGEN October 31, 2014 at 11:32am BANK EMPLOYEES, TELLERS, AND WEALTH MANAGERS ARE PISSED , AND OTHER TIER 1 AND TIER 2 BANKS WHO WERE NOT ALLOWED TO PARTICIPATE ARE INVOLVED AS WELL, AS MANY CLIENTS AND WHALES WHO DID SKR'S, AND PRIVATE EXCHANGES MOVED LARGE SUMS OF MONEY TO OTHER BANKS AND THEIR OTHER WEALTH MANAGERS, SO NOW BANKS ARE TURNING AGAINST OTHER BANKS AND EVERYTHING IS DOCUMENTED..........
COMPETING BANKS WHO WERE NOT ALLOWED TO PARTICIPATE ARE NOW PAYING EMPLOYEES FROM OTHER BANKS BONUSES TO LEAVE AND BRING THE DATA, SCREEN SHOTS, WIRE TRANSFER COPIES, BANK STATEMENTS, ETC TO THEIR NEW JOB IN REFERENCE TO PRIVATE EXCHANGES COMPLETED NATIONWIDE WITH SELECT BANKS
Nevada Joe > EXOGEN October 31, 2014 at 11:41am We knew the whole concept of insiders exchanging before everyone else would eventually be a huge mess. It's also obvious bank employees will be pissed because they're watching all these folks become filthy rich while they have to continue to work their asses off. Does this mean we're in for a fight and issues when (or if) it comes time for us peons to exchange?
Vinman > EXOGEN October 31, 2014 at 11:39am Going to explode soon. They better hope this doesn't hit social media or all heck will break loose.
[Sallypuff] Amazing - The DOW broke an all time high. Gold is at a 4 year low, and silver has been falling too. I would rather be sitting on Dinar, Dong and Zim verses no stocks than the other way around. Here is how things would go, if I were to mention to my engineer son, the Dinars are ready to change value. He would respond look what my stocks have been doing. Dad, "Can you show me any proof of your Dinar value?" Son, "I don't have to because I know what is coming." History will repeat (thinking of Kuwait)
LandonsNana: tman23 Many Iraqi's are displaced outside the country and unable to collect their pensions etc...They are signed up to be paid on the Qi card but the card only works in Iraq ...Qi is telling all customers that "by the end of the year" the card will be able to be used at ATM's over 500,000 terminals world wide.
NOW give this some thought....... If the Iraqi is paid say 1,600,000 dinars per month and Iraq RV's this person would be cleaning out ATM's in Turkey , Jordan etc..... Not to mention a major part of the population would leave Iraq for safe havens...If they remove the zeros first then go 1-1 not much changes...
The debate in Parliment has been a deficeit of 50 billion and the argument is to cut it down to 14% (12 billion)...The interesting part is these figures 12 billion would be the amount including raises which figures in to a 1-1...and 50 billion figures close to 3.4...
Some may argue that these figures have nothing to do with RV or CBI...But it works!
Alan » October 31st, 2014, 9:42 am US dollar high 87.12.
notthe1 wrote on October 31st, 2014, 8:54 am:The Dinar virus is spreading... Markets are responding... It is like a Terminal bud on a tree wakening up in the spring time... slowly it unfolds..soon life is all around. What a day to be alive.
RANSOM » October 31st, 2014, 11:03 am Yep! Just over a dollar might work just fine. Especially if they require the public to turn they're dollars in for dinar. But I wonder all those joint ventures with Kuwait .... It would be easier accounting if it was close to or the same rate.
I know they have already been doing business with Kuwait but.... We don't know what the terms were? Did they have two sets of books? Compensate in gold? Dollars, future rate agreements?
Who knows . ...we have to just sit back and wait. I personally think SOOM... IN THE COMINGS DAYS ... ITS IMMINENT!
hawger03 » October 31st, 2014, 11:33 am Good Morning Family!
Awesome CC last night Frank and Delta! One thing to remember is to not get side tracked. This always seems to happen when good news comes out of Iraq.
Iraq is NOT in control of their MR.
If Iraq comes out with a rate that is anything lower than the true rate for the dinar it is only because the PTB choose to do it that way. Personally, I don't see it coming out low. Did anyone worry about the Iraqi citizen being able to adapt when we took their currency from $3.22-1 to $1-3000? NO!
People will adapt to whatever the rate is set at.
Secondly, in preparation to be article 7 compliant, Iraq had to show the IMF that it could maintain a program rate for their currency......for years! What was the point in this exercise? I believe that the IQD will come out at it's true rate, be it an RI or RV and they will show, once again, that they can maintain their rate.
They will also have the power to adjust up or down in direct correlation to their economic indicators. Yes, the PTB have learned from Kuwait that a free float can spell disaster.
Always keep in the back of your minds that Iraq is only facilitating the plans of the PTB and cannot deviate from them. Big money controls the financial changes on this planet at least in this life. Also remember that when Kuwait revalued, they came out and stated that they would not change their rate and then did just that a day later.
This may be what Ghost was referring to when stating that Iraq will make an announcement and then do the opposite.
All of the above is completely IMO and should not be taken as fact. Keep your heads together and make sure your future plans are written. It's too easy to get sidetracked without having a playbook to go by. Blessings to you family and GO RV!!!
DLR » The greater part of our happiness or misery depends on our dispositions and not our circumstances." -- Martha Washington
Life is growth. If we stop growing, technically and spiritually, we are as good as dead. -Morihei Ueshiba
jdtolle » October 31st, 2014, Happy Halloween! Be willing to
If you want to learn, be willing to make some mistakes. If you want to achieve, be willing to experience some disappointment.
The good and valuable things in life are absolutely within your reach. Yet the pathway to them is not straight and easy.
To achieve what you desire, you must be willing to get away from what is comfortable and familiar. To create meaningful value, you must be willing to put forth some meaningful effort.
Life is overflowing with magnificent possibilities. There is no shortage of opportunity for great fulfillment when you are willing to do what must be done.
Be willing, not just for a little while at first, but for as long as it takes. Be willing, not just to take the easiest way out but to take the most effective, the most challenging way forward.
Great things come to those who are willing. Be willing, and bring your own special greatness to life.
— Ralph Marstonv Wishing All a safe and blessed day.