Early Saturday Morning
T6475W: FYI: Chinese contacts from the bond market say Obama is the one holding this up That's straight from bond dealers today, through a friend who works in that market...the Chinese have been trying to push it through this week and the can is getting kicked by our administration which includes some people that will be losing their (old) power grip as you can imagine
About Zim Article today:
Zlynn: ...Zim dollar notes were printed in October and November 2013, a senior official at Fidelity Printers and Refineries said. They were all high-denomination notes, with the biggest being $10-million."
The Zim currency advised to purchase here and other sites was the 100 trillion dollar banknote printed in 2008. This currency series was made obsolete in 2008. Based on this article, since I have the 100 trillion banknotes, I have the wrong currency to exchange.
Cookndrive: Maybe not the wrong currency. Remember they might put out hints and misinformation prior to RV.
Mountain Mole: The only way that they would use the old notes would be if the current gov. officials have plenty of them. If or when this currency RVS and it will based on this country having great undeveloped natural resources they would not use the old notes. They would turn on the press and introduce new notes. China would help them due to them in the country now assisting them with development.
Franklin 54: It has ALWAYS been my position that they could NOT let the Zim slip 6 months, as WE would kill it. Better to first quell demand by saying 'not now, later', then sneaking it out the back door at the same time as the big two (among the 200).
AND with the largest bill being 10 Mil, looks to me like the 6 zero lop (not the 9) is on the table. Didn't do the math - but seems about right. Lock n load!!!
K Boom: I will read this as a potential public news disclosure of the CYA variety that Tony spoke of on yesterday's call; i.e. "It was all out there in public. We didn't hide the news from anyone." (if you knew what to look for...if you knew who to listen to..if you happened to be watching cable news at 2:35 AM on a Monday....etc)
For our purpose- Public Implementation- this is a good thing. Thanks for the article! I hope this is that FINAL piece needed to release the completed RV to the public.
Rico Suave April 12, 2014 at 10:38am
If the old Zim currency is being brought back and the current largest denomination is 100 trillion, it looks very promising if the largest note being printed is 10 Million. That means they are lopping off 7 zeros from the notes. Whatever value is given to each Zimbabwe dollar after the lop gives you the final value of each note. This is wonderful indeed if they are bringing the 2008 AA notes back. That is my interpretation anyway.
Sqwatchy > Rico Suave April 12, 2014 at 10:47am
I said that a few days ago.,. Inside IMF source said lopping of 7 zero's, and then $.37 rate on the USD. I recall being scalded...saying the zero removal had to be done in three's...lol....well...look who may be right after all.
It will not be made public or reinstatement until the soonest of June 2014, after the next IMF review is scheduled. They are working on foreign investment, to purchase some Bonds, in an order to fund the government, reduce some debt to investors, and support bringing back their currency again.
If they get their ducks in a row...they could make it happen, and all us Zim speculators, will have hit the motherload...10 times that of the dinar..
Sqwatchy > 1 Zim is $.37USD come June 2014
wendy : wow, everyone country needs $ , we can't even get anyone to RV/GCR ? Go figure!
Topic: “The only limits to the possibilities in your life tomorrow are the buts you use today.” Les Brown
Late Friday Night:
TropicalRockStar: “A person who never made a mistake never tried anything new.” -Albert Einstein
Cigardan: Hope you guys are paying attention.... you are ALL about 1/4 inch from being multi-milionaires...... close enough for you????
I am dealing with WF.......and my guys are so excited, they can't sleep!
[GodsGurl] Jester is the IMF reforms the lynchpin
[Jester] GodsGurl NAH... JUST AN EXCUSE FOR RIGHT NOW...
[GodsGurl] Jester can Iraq survive without a new rate soon?
[Jester] IT WILL MAGICALLY EVAPORATE AT THE RIGHT TIME... ONCE AGAIN... RE FRAME YOUR THOUGHT PROCESSES PEOPLE... PLEASE... THIS IS NOT BEING HELD UP LIKE YOU THINK... YOU ONLY THINK THAT BECAUSE SOMEONE TOLD YOU THAT... MAINLY BECAUSE THEY HAVE TO HAVE AN EXCUSE FOR THEIR CALLING IT ALL THE TIME... IT IS A PLAN... A PLAN DOES NOT HAVE TO HAVE A REASON IT IS BEING HELD UP... BECAUSE IT ISN'T... I HAVE BEEN TELLING YOU AND TELLING YOU THIS FOR MONTHS... NOTHING IS HOLDING IT UP... IT ISN'T READY YET...
lulu] Jester I wake up everyday acknowledging , knowing its on its way
[Jester] STOP LOOKING FOR REASONS IT IS NOT HAPPENING AND GET A GRIP... EVERYONE IS GOING CRAZY LOOKING FOR THE NEXT "THING"... SHEESH.. IT MAKES ME CRAZY TO HEAR IT...
[sillycindy] Jester do you think it will happen in the next 6 months are we in to next yr now?
[Jester] sillycindy WELL I CERTAINLY WILL BE SURPRISED IF IT GOES OUT THAT FAR... RIGHT NOW I AM IN THE 90-120 DAYS CAMP...
[Jester] AND I RESERVE THE RIGHT TO REVISE THAT TIME FRAME FOR ANY REASON AT ANY TIME AND WITHOUT WARNING.... HAHAHAHAH
[Americana] Jester could this be likened to rain in West Texas.? each day is one day closer?
[Jester] Americana TRUE... SORT OF LIKE WAITING FOR CHRISTMAS... THE DIFFERENCE BEING YOU KNOW WHEN CHRISTMAS IS... HAHAHAH
[Jester] HOPE YOU ALL HAVE A WONDERFUL SATURDAY... GET OUT AND GET SOME SPRING... IT IS WONDERFUL OUT THERE...
[preacher53] from what I'm hearing maybe tonight or in the morning.. we shall see
[fantasia] LET IT GO ~ FROZEN ~