[arizona49] BAGHDAD / With: spokesman called white parliamentary bloc Kazem Al-Shammari to make an appointment to reset the Iraqi currency. Al-Shammari said in a press statement, received a "news the future," a copy of it, that "the high volume of reserves of Iraq from foreign currency to $ 76 billion in addition to the 30 tons of gold bullion, and out of Iraq from Chapter VII, make it necessary to set a date to reset the Iraqi currency ." "The investment of this reserve big help to raise the value of the Iraqi currency compared to foreign currencies, and thus will contribute to reduce the prices of goods and commodities, would be reflected on improving the living standards for the Iraqi people and thus contribute to the insurance community and reduce crime and the fight against terrorism." Ended
[ARMYVET] ok i will have an UNOFFICIAL statement to put in here in a second. Talking to my WF/Finance dude about that release
[ARMYVET] ok so what im getting it that there is a tug-a-war in place between the IMF and CBI. CBI is required to reports its current holding and estimated sustainable worth the the WB and in conjunction to the IMF. the article that we have been talking about is a complete differance than the RV. Its not the RV,
Read More Link on Right
[sherkay] ARMYVET why you say that???
[ARMYVET] so the reset the Iraqi currency is what CBI is shooting for, they get reactivated pre-war rate that was turned off like a light switch. + or - an calculated adjustment
[ARMYVET] the RV is the assessment by the IMF in conjunction with its reported value/holding and what not
[oilerfan] ARMYVET so now what hummmmm
[sarge] ARMYVET So the CBI did not report it's worth/value to the WB?
[ARMYVET] now last week CBI stated they can sustain a 2.5. they want the reenstatement BEFORE the IMF meeting and starts their playing field closer to the 50 yard line (IE higher rate)
[ARMYVET] as we have all heard and up to 2%ish like 3.8something
[ARMYVET] if they are unable to get it done , passed, activated, whatever, then they fall subject to whatever the IMF and all its agencies FEEL they can sustain
[oilerfan] ARMYVET when is the meeting
[ARMYVET] 11th July 2013
[ARMYVET] to set the rates for 15JUL13
[ARMYVET] 24 hours prior to that meeting all reports, earnings and whatever from each country are due to have that info available for the IMF to determain the rate setting
[oilerfan] ARMYVET i often heard a July 15 was a date to be dealt with hummmm forgot what it was for thanks Army
[ARMYVET] IE the 24 hour prior mojo
[ARMYVET] so they are trying to get'er'done as im to understand. He did say YES, their systems are in effect and comply with the guidelines mandated by the IMF to support the availability of Basel III
ARMYVET] not all locations are, but that as long as the branch as a whole has that ability they have made it and are working on outlining modifications and updates
[ARMYVET] i wish i had written down the IMF release, investigation he referanced
[oilerfan] ARMYVET so we wait till the 15th
[ARMYVET] but he stated that in a time of war, the IMF/WTO/WB what not will freeze a country under wartime and sanctions makeing them worth nothing
ARMYVET] after their release, they are, and i quote, REQUIRED to be submitted back onto the playing field internationally and its original rate reenstated, unless totally stricken as a nation due to wartime related issues
ARMYVET] he states, that he is unaware of the workings oversaes, but in his professional oppinion, they are in a race to get it reactivated back to its original state to assist its exchange for a better adjustment.
[hopeful2&2] ARMYVET so you thinking before the 11th or after
[ARMYVET] now i know we all heard about the FLOAT option
[ARMYVET] if they dont, the IMF will do their adjustment and be arquired to formally adjust it, most likely upwards, every two weeks
[ARMYVET] he stated also that daily ates US are determained for adjustments at 6am, and noon and 6pm internationaly for the US EST
[ARMYVET] Im thinking they can hope they get there, but IMO, my money is on the IMF adjustment
[oilerfan] ARMYVET iraq never does anything on schedule for sure
[hopeful2&2] ARMYVET what rate do you think the imf would start at ??
[ARMYVET] i dont know, there is sooo much info they are trying to pipeline out
[ARMYVET] did touch base about the global reset theory
[ARMYVET] he said its in referance to an emmerging economy that creates the illusion
[ARMYVET] whatever that countries main comodities are the affelliated areas will start to adjust upon its emmergance
[ARMYVET] IF gold gropping, stocks moving and what not, IQD is a very powerful currency comming back on line and the world must adjust to its value, some go up and alot go down
[hopeful2&2] ARMYVET i missed part of this, who is saying this please??
[ARMYVET] I have a buddy that works for WF regional in TX, and also has his doctorine on Financial management
[ARMYVET] all off a call
ARMYVET] soooo, of course its all opinion, but the one thing he said you cant opinion and is total fact to put your fingert on is this, the common since part i stated at the start
[Rio51AllGo] Armyvet so he at least acknowledged this is real and WF is in the middle of it?
[ARMYVET] #1 released from 7, #2 have to be released back into the economies, #3 reports were provided and financial standing identified to the WB and IMF. and the best part is the IMF HAS to adjust them with the supplied info in the 11th
ARMYVET] he identified that WF has the ability to access the Basel system, now if its company policy they dont want to jump on board with IQD, i dont know, he said they still get the "We dont and Never will"
[ARMYVET] that statement is internationally wrong and now determained by guess who.....
[ARMYVET] C h i n a,,, ta da
[ARMYVET] in a nutshell, could reset any min or RV with the IMF on the 11th, was his opinion
[lgtennis] legarde has political aspirations
[lgtennis] but those 4 countries are out now
[lgtennis] the countires they she invited in are done now
[sarge] lgtennis Done or out?
[lgtennis] but it caused a major prob with her craziness
[lgtennis] 4 of them are out
[lgtennis] others are done
[lgtennis] anyway legarde has been taken care of
[lgtennis] we are on our way to seeing this happen
[lgtennis] imo tonight or tmorrow
[mikivi] $sign lgtennis lgtennis lgtennis $sign WE ARE SMELLING $ $ $ $ $ $ $ $ $ $ $ $
[lgtennis] i mean its crazy its one thing or another in this
[lgtennis] which is why as i was saying its political and power
[lgtennis] iraq and again iraq has nothing to do with this at all
[lgtennis] they are part of the process period
[lgtennis] though its great seeing all thoese great articles out
[lgtennis] they have done what they needed to do
[lgtennis] now we are wiating for it to go international tonight or tomorrow
[IslandDancer] Thank You lgtennis!
[lgtennis] this is all about the global reset that is taking place
[lgtennis] huge task amazing
[lgtennis] 196 countries waiting to rv
[lgtennis] now we are waiting on a sig that is huge
[lgtennis] once we get that we will be gold backed
[lgtennis] usa will be
[goodnightnurse!] omg 194 countries and a sig, oh my headbang1
[lgtennis] but with all that said we are there
[lgtennis] its all good guys
[lgtennis] read what i am saying to you
[lgtennis] all taken care of
[justneedy] lgtennis I just got on, would you mind restating what you said above? thanks
[IslandDancer] justneedy RV tonight or tomorrow!
[justneedy] IslandDancer that will be great!
[oldman] justneedy okie dokie
[tedd123] imo its time to recount the dinars woohoo1
[lgtennis] imo rv tonight or tom
[IslandDancer] Simba lgtennis said CL tried to bring in four more countries, many got mad, took care of CL. Not going to bring in the other four countries. All is done. RV tonight or tomorrow .
[Berean] I heard Legarde wants to be president of France, ugh
[lgtennis] Berean yes that is true
[lgtennis] so she has motives
[lgtennis] but she is taken care of
[simba] igtennis....so if we get a signature tonight then we RV?
[lgtennis] simba yes
lgtennis] its huge ….its for the gold standard
[simba] igtennis is there a reason to believe we will get a signature tonight?
[lgtennis] yes it can happen anytime
[simba] igtennis....anytime between now and eternity?
[lgtennis] lol anytime no worries
[mikivi] lgtennis signnnnnnnatureeeeeeeeeee please
[xyz] IMF warns eurozone it needs more reforms AP 9 Jul 2013, 01:42 .cms The report warned that "centrifugal forces across the euro area ... are pulling down growth everywhere" and that without serious reforms, the region could suffer long-term damage to growth. http://economictimes.indiatimes.com/news/international-business/imf-warns-eurozone-it-needs-more-reforms/articleshow/20978965.cms
[xyz] FDIC to Tighten Screws on Banks, Require 5% Leverage, 8 Jul 2013 | 2:25 PM ET http://www.cnbc.com/id/100870726 The FDIC on Tuesday will propose a leverage rule requiring big banks to have common equity equal to at least 5 percent of their assets—stricter than the international banking regulations known as Basel III, sources told CNBC.
[xyz] MoT starts equipping ration card items of Ramadan Monday, 08 July 2013 23:55 | PDF | Print | E-mail Baghdad (AIN) –The Ministry of Trade announced starting to equip agents of the ration card with the items of the ration card for the holy month of Ramadan. The Minister of Trade, Kheralla Hassan Babekir mentioned in a press conference held the Parliament building, after being hosted by the Economic Parliamentary Committee, attended by the correspondent of AIN ''The MoT thanks the Parliamentary Committee for supporting its efforts and adding new funds for the financial budget of the ration card since the Ministry has a clear plan to secure items of ration card on scheduled dates.'' ''The Ministry started to equip stores in Baghdad and other provinces with ration card items since last Saturday preparing to receive the holy month of Ramadan,'' the statement added. http://www.alliraqnews.com/en/index.php?option=com_content&view=article&id=37343
[RindsGuy] xyz This looks like they're getting businesses ready to accept the cards. Doesn't say anything about loading the card how much they're being loaded with
[xyz] RindsGuy i report you decide ... you are the DECIDER ...who am i?
[xyz] RindsGuy what do you understand by equipping? i would suppose equipped means usable with ????
[xyz] RindsGuy i debit card is equipped with CASH lol
[diamondcutter] JPMorgan Deepens Iraq Business After Citi, Standard Chartered http://www.bloomberg.com/news/2013-07-07/jpmorgan-deepens-iraq-business-after-citi-standard-chartered.html
[diamondcutter] Is JPMorgan the Next Big Thing in Iraq? http://wallstcheatsheet.com/stocks/is-jpmorgan-the-next-big-thing-in-iraq.html/?a=viewall
[tenizen] From my understanding, allt he articles and processes have actually come and gone and everything is in place. We are just seeing things come out as they want us to see them. Very much similar to a video that was pre-recorded, and the peeps in control of this are hitting Play and Pause.
[chefbear96] good news for today, spent some time with a WF finance friend. They have an investment program that "could" yield up to 9% each year. He is getting excited about the changes that are coming:) Happy Afternoon!!
[dealdoctor] chefbear96 Wow 9% cool...What are they excited about
[shatterstar] chefbear96 what is it called?
[chefbear96] mbillions they really are ready for us.
[chefbear96] shatterstar not sure what he called it, but he said that each of us need to be ready to spend some time with the WF investment banker. Tell what you'd like to do and how you'd like to live ect. He was so helpful - it also helped that I'm helping plan his kids wedding:)
[dealdoctor] chefbear96 Was the WF finance friend excited about the Dinar Revalue OR about Basel iii or both?
[chefbear96] that he would even speak to me, says a lot.