EXOGEN April 12, 2014 ZIMBABWE HAS TONS OF NATURAL RESOURCES TO BACK THEIR CURRENCY.
ALSO THE DONG IS NOW TRADING AT 47 CENTS IF YOU KNOW HOW TO ADJUST YOUR NETDAMIA SETTINGS. PEOPLE ARE LOOKING AT THE WRONG SCREENS.
THE RUPIAH, DONG, AND ZIM ARE BETTER SPECULATIVE INVESTMENTS THAN THE IQD. THE DISTRACTION WAS TO FUNNEL PEOPLE TO THE IQD WHEN THE OTHER CURRENCIES ARE BETTER ROI'S
Army guy : Who told you that Dong is now trading at $.47? Are we suppose to believe that while it's still showing to be worthless?
EXOGEN : NOBODY HAS TO TELL ME ANYTHING ITS LIVE PUBLIC INFORMATION ON NETDAMIA TRADING CHARTS IF YOU KNOW HOW TO FOLLOW THEM- PUBLIC INFORMATION
Robert M: It's weird. If you plug in vnd/usd it shows $.47, but of you plug in usd/vnd it show the old rates. I've seen this on two stock apps. Also, went to my Chase bank yesterday when I saw it and they still have the old exchange rate on their screens.
mark b: April 12, 2014 ... I saw .000047
Richard : April 12, 2014 If you go to Netdania and enter 1,000,000 VND to convert to USD, you get exactly $47.
As I recall, we payed ~ $85 to purchase the million VND. If anything, the value has gone down. IMO
Sunshine62 : In the previous post, Exo suggested you have to know how to read the netdamia screen. So maybe he could explain how to read it so that we can see the .47????
Sqwatchy > I believe Exo is talking on back screens of Net Dania, on the servive thru the subscription packages.....Im guessing, because It is nowehere yet to be seen on any PUBLIC viewing website links.....private only trading platforms you have to belong too.
But, if he is indeed correct, why would he lie to us.....he is seeing it there, in time, when public released, it will show on the screen that we can publicaly pull up...Must be getting close!
Jana : EXO, this is great news for the country! How will the affect those that hold ZIM?
Sunshine62 Well it does depend on which notes they being back. They have so many! Dealers have been selling the 2008AA notes as gag gifts or souvenirs (their words) and they are so super cheap
Lets see today what this news does to their pricing
Sqwatchy > Sunshine62 : my dealer raised the price $12 more for $600 trillion, now $65 USD
INDYGUY:Hello everyone. The Kurds being on this terrorism list has been on my mind ever since it came out a couple of months ago. IMO we would not see an increase in the IQD until they were removed from the terrorist list. Why? I don't believe that you can have an international currency if you are on it. Isn't that why President Bush 42 had to sign EO 13303; so we could purchase the "terrorist labeled currency" and help rebuild Iraq?
With the Kurds language on the new currency and the lower denoms, Iraq/Kurds has to be off the terrorist list to go international.
IMO this is one of the last things that need to be done before the release. I hope this means all systems go AoP. Correct me if I'm wrong. I would like to hear others thoughts. The world needs it and quite frankly, so do I. Blessings everyone!
Frank26: IMO ........ Your post is spot on.............As we do not know the date nor rate neither do we know the final check list that is also so illusive.
Indeed .......... This removal is significant ........... Even though it was unknown to us.
Many run to anything trying to associate it to the RI/RV out of desperation. Intoxicated with untruths.
But IMO ........... This is of value with the progress.
Or ............ This Super Hot Scolding Lava Flow called the M R of the IQD.
[BigDog-OH] No one knows the true progress of this with the exception of a select few and they aren't talking
[preacher53] Blessed are they who can laugh at themselves, for they shall never cease to be amused
Bizhawk: those funds [DFI] were released on Monday
Warrior: know they were released but what do they have to do with the R.V? does it matter?
Kboom: Warrior= DFI- Develoment Fund for Iraq- umm yeah, it's RV'd $ to rebuild their infrastructure so.. yes it does imo
Gswoo13: Warrior it was mentioned on call 4/9 so i think it is tied...DC: The DFI are really important – those are the funds the US and others have been protecting from lawsuits and such. It’s primarily going to be used for reconstruction of Iraq, with a lot of jobs. Those DFI were explicitly put in the rules, and an open part of the revaluation. Those were released Monday evening, on various news sources. That is a big, big deal, with 196 billion dollars released just for that.
Kboom: gswoo- congreed- and Tony added: Those funds were not to be released until AFTER Reval
Bizhawk: IMO releasing or preparing to release the DFI is a signal EVERYTHING is lining up
Gswoo13: AGAIN Warrior Those DFI were explicitly put in the rules, and an open part of the revaluation. Those were released Monday evening, on various news sources. That is a big, big deal, with 196 billion dollars released just for that.
Whalers: the dfi funds are huge statement ....but when is the rv happeing.....it should be real soon ....if this goes past april then something is wrong for sure
DAZ: WARRIOR...TH DFI WAS ABUT PROTECTION OR SOVERIEGN WEALTH. TO RELEASE THOSE FUNDS MEANS THAT IRAQ NOW HAS A MECHANISM IN PLACE TO PROTECT THAT WEALTH (VALUE) AND NO LONGER NEED THE PROTECTION FROM CREDITORS AND CLAMS
PursuitofTruth: A friend of mine is in the Admirals group as is their entire congregation. Their guy has been waiting in Reno for days and finally she texted word that Monday is their day and 40% is the tax rate. The source is not prone to lying so I have to believe she was telling me what she was in good faith.
KBoom: Pursuit- Monday for Admirals? Taxes aside- that is a KEY imo… 40 percent would equate to the full short term (100% of) cap gains if that's the case
PursuitofTruth: I was encouraged that she had a specific number. She didn't share the rate.
Whalers: Pursuit thats probably long term plus state tax
KBoom: Rates and taxes aside- IF MONDAY is their C/E day- it should also be OURS- just imo
sherlockDinar: Pursuit- I know another group who were also told it will be on Monday as well- we will see
GoodGriefCB: I know a whole group from Houston that is in Admiral's group and they are not in Reno
PursuitofTruth: Good she isn't in Reno either but the representative is.
EarJocky: Some Bank sites down: http://sitedown.co/reports
Katz9467: Hard to say what's causing the site's to go down. However just maybe we are getting ready to cross the GOAL line. Time will tell.
[R&R] Are BRICS economies as strong as they used to be? There's a lot of recent news out there that speaks to those 5 economies weakening, or being weak. I'm no economist, but I just find it peculiar that we could consider them strong enough to pull such a move?...
[R&R] Brazil: "100 Days from World Cup and stadiums still incomplete" http://thinkprogress.org/sports/2014/03/04/3357551/100-days-world-cup/
[R&R] Russia: "Russia admits its economy is in crisis" http://www.businessinsider.com/russias-deputy-economic-minister-warns-kremlin-economy-is-in-crisis-2014-3
[R&R] India: "India’s economic woes are so dire that millions may de-urbanize" http://qz.com/164678/indias-economic-woes-are-so-dire-that-millions-may-de-urbanize/
[R&R] China: "Is it the next Lehman Brothers?" http://www.newyorker.com/online/blogs/johncassidy/2014/04/is-china-the-next-lehman-brothers.html
[R&R] South Africa: "Surpassed by Nigeria as Africa's largest economy" http://www.economist.com/news/leaders/21600685-nigerias-suddenly-supersized-economy-indeed-wonder-so-are-its-still-huge
[R&R] Some weekend reading that caught my eye... ;)